Finance news

◇ unclassifiedgermany · europe

Start-up of the week: “We support companies in measuring their emissions”

Biomethane is the green alternative to natural gas and is produced in agriculture. Agriportance facilitates manufacturing and provides buyers.

Hong Kong considers expanding priority care scheme to better flag high-risk cases

Hong Kong will consider expanding priority community care to include dementia patients and carers aged over 60 of people with severe disabilities, the city’s welfare chief has said, in a bid to better identify high-risk cases vulnerable to tragedy. Secretary for Labour and Welfare Chris Sun Yuk-han said on Sunday that authorities were actively reviewing the screening criteria used to identify high-risk elderly individuals. The move follows a tragedy in which a 70-year-old man was found hanging..

◇ unclassifiedchina · asia

How Benin is on the road to reshaping its cotton industry, with China’s help

For decades, moving Benin’s cotton harvest from the north of the country to its southern ports was a slow, difficult journey along unpaved roads. Benin is Africa’s largest cotton producer, but it lacked the infrastructure needed to connect its northern cotton-growing belt to the coast and processing plants in the Glo-Djigbé Industrial Zone (GDIZ) near Cotonou, the country’s largest city and economic capital. The GDIZ – part of the government’s efforts to end raw cotton exports – now processes a.

◇ unclassifiedchina · asia

Dear You gets 8 extra Teochew shows in Singapore after ‘overwhelming’ demand

Theatre chain Golden Village (GV) and film distributor Clover Films have added eight more screenings of Dear You in its original Teochew language in Singapore. The additional screenings will take place from June 25 to 29 at GVmax at GV VivoCity. Tickets will go on sale at 3pm on June 22 via GV’s box office counters and online channels. The move comes after all eight of the Chinese film’s previously announced Teochew-language screenings, held from June 18 to 21, sold out. Directed and co-written.

22d06/21⚠ war-conflict · 3/5

Cross-border biotech deals grow more complex as US targets China investment links

Cross-border biotech deals between China and the United States are becoming more complicated and could face a modest slowdown as Washington steps up efforts to restrict investment and technology transfers, according to industry analysts. “There will be more geopolitical scrutiny going forward. This scrutiny may lead to slightly fewer deals than without it,” said Diederik Stadig, senior healthcare economist at ING Research. Despite the growing regulatory hurdles, Stadig said the broader trend of.

G7 Takes Aim at China’s Grip on Critical Minerals

The leaders of the G7 have created a strategic alliance on critical minerals in a coordinated effort to break China’s oversized control of the metals and minerals and rare earth elements crucial to the defense, automotive, and clean energy industries. At the G7 summit in Evian, France, the leaders of G7 issued a declaration in which the nations committed “to coordinating efforts within the G7 and with partner countries to establish and develop the necessary processing and industrial capacities f

UK PM Keir Starmer expected to announce resignation on Monday: Report

SS: British Prime Minister Keir Starmer is expected to announce his resignation on Monday and outline a timetable for his departure, The Observer reported on Saturday. The newspaper said Starmer had concluded that his position was no longer tenable following discussions with cabinet ministers, advisers, donors, and trade union leaders. The report said Starmer was discussing the issue with his wife at his Chequers country residence before making a final decision, but that senior Labour Party figu

Social◇ unclassifieduk

Social◇ unclassifiedgermany · europe

Options for follow-up financing

Dear Carbonara disciples, since we are currently almost exactly halfway through the fixed interest rate on our real estate financing, I have started to look a little at follow-up financing and our options. Since we still have a contract from the good old days of low interest rates, we do not put our regular surplus and unplanned income such as bonuses into special repayments, but rather invest them (currently in stock ETFs). This creates perspective

22d06/20⚠ shipping-routes · 3/5

Energy Security, Not Climate Goals, Is Now Driving the Clean Power Boom

While ships are beginning to trickle through the Strait of Hormuz after months of near-total closure, it will be a very long time before the effects of this year’s energy crisis fade from the global economy – if they ever do. This latest round of turmoil in global oil and gas markets has catalyzed clean energy adoption to a degree that may permanently alter the global energy landscape, as well as the way that we conceive of energy security and geopolitical strategy. It is extremely telling that,

22d06/20⚠ war-conflict · 2/5

Zelensky says Ukraine drones hit oil refinery in Russia’s Tyumen, now have 3,000km range

⁠Ukrainian President Volodymyr Zelensky said ⁠on Saturday that Ukrainian drones had struck an oil refinery in Russia’s Tyumen Region in western Siberia, more than 2,000km (1,200 miles) from Ukraine. He also said Ukraine had ‌developed new long-range drones capable of operating over more than 3,000 km. Speaking in his nightly video address, Zelensky offered thanks to the Ukrainian military’s special operations which “have reached Tyumen Region in Russia, including an oil refining facility. More..

◇ unclassifiedchina · asia · russia

22d06/20⚠ shipping-routes · 1/5

Huge market correction coming Monday?

Iran just announced they are re-closing the Strait of Hormuz, which pretty quickly halted the drop we were seeing in oil prices. MOU looking less strong now, and market was up on expectation of peace deal, now looking like a fresh spike in Brent Crude and WTI oil futures... Could cause central banks to continue interest rate-hiking cycles, curious if people see a correction coming Monday, and if so how big of one? submitted by /u/tacspar [link] [comments]

Social◇ unclassifiediran

22d06/20⚠ shipping-routes · 3/5

Iraq Is Keeping Its Syria Oil Route—Even If Hormuz Reopens

Nobody, especially not Iraq, wants to be caught relying on Hormuz ever again. Iraq is preparing to export crude oil and naphtha through Syria's Mediterranean port of Baniyas, expanding an emergency workaround that emerged after the closure of the Strait of Hormuz disrupted the country's primary export routes and left storage tanks filling up. According to Reuters, Iraqi officials say the strategy will remain in place even after shipping through Hormuz returns to normal. That alone says plenty. I

China Is Taking Its AI Boom Under the Sea

The data centre industry has taken off in the last few years, as tech companies look to develop the massive computing power needed to run complex operations, such as artificial intelligence. Thousands of data centres are being developed on land, but now, some countries are looking to establish innovative models in alternative locations, such as underwater. In May, China launched the world’s first wind-powered underwater data centre off the coast of Shanghai, with an investment of around $238 mil

22d06/20⚠ war-conflict · 3/5

Why Small Modular Reactors Are Becoming a National Security Priority

For decades, energy policy in Washington was debated on the basis of economics, climate change, and domestic politics. That era is over. The United States is entering a period where energy security must be recognized as a core pillar of national security and military readiness. The global competition underway with China is not just about trade or tariffs. It is about industrial capacity, technological dominance, artificial intelligence (AI), semiconductor manufacturing, and defense production -

Iceland resumes whale hunt amid protest

One of Iceland’s two remaining whaling ships set out this week to hunt the giant mammals after a two-year hiatus, local media and campaigners reported on Saturday. Iceland is one of only three countries that still openly permit whaling, alongside Norway and Japan – despite international opprobrium from the public and animal welfare organisations. A protester chained himself to the mast of the vessel before it left the port of Reykjavik on Friday. He climbed down in the evening and was escorted..

Social◇ unclassifiedgermany · europe

Child planning - division of care work/finances

Before describing my question, here is some background information: My husband (33, E13, 3000 net) and I (female, 34, A13, still €3800 net after deducting private health insurance) live in rent (small but very modern apartment in a larger city for €1500 warm including electricity, internet, radio). After I and my brother were born, my mother only ever worked a few hours, which is why she is now completely dependent on my father. She would like to separate, but can't because she...

The U.S. States Leading the Backlash Against Data Centers

Several U.S. states are concerned about the rapid expansion of data centres, as consumers pressure legislators to address rising utility bills and other energy concerns. Data centres are expected to be a major consumer of U.S. power by 2030 and beyond, as several tech companies expand their network, which is growing consumer concerns around the country’s power supply and demand. This has led several states to halt or even ban data centre development. Globally, data centres are expected to consum

Social◇ unclassifiedgermany · usa · europe

Outlook Therapeutics ($OTLK): PDUFA on July 29 – How much would you risk on a 200k portfolio?

Hi everyone I'm currently looking at Outlook Therapeutics ($OTLK). The FDA decision (PDUFA) for their eye drug Lytenava is due on July 29th. Since the FDA has just accepted the application as "Class 1", things will become extremely binary in a good five weeks: either the stock takes off (EU approval is already available) or the thing crashes completely because it is already the fourth attempt and the balance sheets look really bad (negative equity, constant dilution). A serious question about risk

Social◇ unclassifiedgermany · usa · europe

Regions instead of MSCI World

Hi, I've had the idea for a while now instead of relying on one MSCI World, whose weighting I can't change, to instead rely on several region ETFs. Specifically, I have in mind the combination of S&P500, Stoxx Europe 600 and Nikkei 225. This means that the 3 core financial markets are covered in a manageable portfolio and I can adjust the weighting as desired. I realize that this requires a little more effort than with an MSCI World. I'm also missing some side wars

◇ unclassifiedchina · asia

Spanish court bans PM’s wife from leaving country

A Spanish court has ordered the wife of Prime Minister Pedro Sanchez, Begona Gomez, to stand trial by jury for corruption and banned her from leaving the country, according to a court order released on Saturday. The case is one of several corruption affairs that have embroiled the Socialist leader’s family and former allies, threatening to topple his minority coalition government. Judge Juan Carlos Peinado ordered Gomez to hand in her passport and to appear before the court twice a month until a

◇ unclassifiedmiddle-east · usa

Scatec Says Solar Project Can Save Egypt $400MM from LNG

Scatec's Obelisk solar and battery storage project in Egypt can save the country as much as $400 million a year in liquefied natural gas imports, according to CEO Terje Pilskog.

◇ unclassifiedgermany · europe · iran

New Agreement: What can be learned from Hormuz

Iran can turn off the oil tap again at any time. Germany can prepare better for this. And that doesn't have to cost a lot of money.

◇ unclassifiedgermany · europe · australia

Energy policy: Association sees great effect from solar energy

Photovoltaics is contributing more and more to the energy supply in Germany. This means less oil and gas has to be purchased. Good for your wallet and the environment.

After another suicide, Hong Kong to review age threshold to cover more elderly in need

Hong Kong will review the age threshold of elderly residents in need to better identify priority cases and prevent more tragedies from happening, the welfare chief has vowed following the latest suicide of an elderly resident. Secretary for Labour and Welfare Chris Sun Yuk-han made the pledge on Saturday after a 70-year-old man was found hanging in his flat in Lai King Estate in Kwun Tong the day before. Police said the man’s wife, 78, was found unconscious in the bedroom with her head covered..