Finance news

Consumer protection: Risky bets: Supervision intervenes with turbo certificates

With turbo certificates, savers can bet on rising prices using leverage. But many products are complex and cause investors high losses, criticizes the financial regulator. Now she intervenes.

Are IULs a dark horse or just a sham?

I've been listening to a podcast that harps on about the benefits of IULs as investment vehicles, retirement planning tools, and even financing options for startups. On the other end there are many planners who are dead set against them, is it because they really are bad, or because the planner misses out on commissions if people move to IULs? submitted by /u/Dadrocant [link] [comments]

Armament: Quantum Systems is working on driverless military trucks for the Bundeswehr

As part of a research project, the technology group is equipping military trucks from Daimler Truck with autonomous convoy solutions. It's a billion dollar business.

Qatar Eyes Quick LNG Restart Once Hormuz Reopens

Qatar prepares to quickly restart and restore liquefied natural gas output within weeks after the eventual reopening of the Strait of Hormuz, Bloomberg reported on Tuesday, citing anonymous sources with knowledge of the plans. State firm QatarEnergy, which curtailed LNG output in early March before an LNG facility was hit by Iranian missiles in mid-March, has now told its customers that it could restore about 50% of its production capacity within a month after safe navigation through the Strait

Oil prices hit three-month low — but tanker bosses remain cautious on Hormuz transit

Global oil prices tumbled to a three-month low on Tuesday as the Iran peace agreement dominated the G7 meeting in France.

India’s ONGC Considers Resuming Venezuela Oil Operations

ONGC Videsh Ltd (OVL), the overseas unit of India’s state-owned Oil and Natural Gas Corporation (ONGC), considers reviving operations at its two onshore oil assets in Venezuela as the world’s top crude resource holder is welcoming foreign companies back to its industry. OVL plans to resume its operations in Venezuela even if it still expects about $900 million in dividends due from state oil firm PDVSA for its stake in the two oil concession assets, Indian outlet Economic Times reported on Tuesd

Tariffs: EU Parliament clears way for trade agreement with USA

The deal guarantees the USA significantly better trade conditions. The EU, on the other hand, pays a 15 percent tariff on most exports. The law also contains a protective mechanism.

USA EIA Raises 2026, 2027 Henry Hub Price Forecasts

The U.S. Energy Information Administration raised its Henry Hub spot price forecasts for 2026 and 2027 in its latest short term energy outlook.

Trump denies U.S. will put 'any money' into Iran, as he meets allies at G7 summit

Washington and Tehran announced a Memorandum of Understanding had been reached over the weekend.

+++ US customs policy +++: EU MPs agree to implementation of US customs deal

Court: USA may continue to raise global tariffs for the time being +++ Trump questions trade agreements with Mexico and Canada +++ USA reaffirms tariff caps for EU and Japan +++ The news blog.

Iberdrola to Invest Nearly $5B in Brazilian State of Bahia by 2030

'Through its subsidiary Neoenergia Coelba, the company will build 54 new substations, more than 2,000 kilometers of high-voltage transmission lines and 42,000 kilometers of medium-voltage distribution networks'.

World's Largest Tanker Operator Cautions Against Hormuz Rush

The U.S.-Iran deal has raised hopes that the oil supply disruption in the Middle East could be nearing its end, but the biggest international tanker operators aren’t rushing to return to the Strait of Hormuz. Oil tanker owners and operators are cautiously optimistic, but they will wait until they see a “material” agreement and safety guarantees before returning to the world’s critical oil and gas chokepoint, Jotaro Tamura, chief executive officer at Mitsui OSK Lines, the world’s largest tanker o

Chevron Expands Exploration Footprint in Greek Mediterranean

Chevron and Helleniq Energy have now expanded their partnership in Greece to five offshore concessions.

Fuel prices: Fuel prices are approaching pre-war levels

Falling oil prices are gradually reaching the pumps. However, there is a risk of a price jump in two weeks.

From oil to batteries, Chinese energy companies flag first-half windfalls

JERA Receives LNG Cargo from Barossa Project

The Japanese integrated power company took delivery of its first cargo of LNG from the Barossa Gas Project in Australia's Northern Territory, in which it owns a minority stake.

Dax current: Dax starts cautiously - and remains below 25,000 points for the time being

The USA-Iran agreement to end the war only encouraged a few investors to buy stocks on Tuesday morning. Oil prices remain above the $80 mark.

Real estate: Large real estate funds get through, small ones have to struggle

Open-ended real estate funds are currently not giving their investors much joy. Data available to Handelsblatt in advance confirms this - but they also show a positive trend.

Banks Slash Oil Price Forecasts After U.S.-Iran Breakthrough

Morgan Stanley and Goldman Sachs cut their forecast for oil prices towards the end of the year and 2027 following developments in the peace negotiations between the United States and Iran earlier this week. Morgan Stanley now sees Brent crude averaging $80 per barrel in the last quarter of 2026, and $90 per barrel in the third quarter, Bloomberg reported, citing a note from the bank’s commodity team. Morgan Stanley’s earlier forecast was for an average of $100 per barrel of Brent in the third qu

Economic situation: Economic researchers expect less growth – industry remains robust

Even if the Iran war actually ends, the damage to the German economy has been done. The RWI expects that the effect of high oil prices will still become apparent.

Car costs: Fuel prices are approaching pre-war levels

Falling oil prices are gradually reaching the pumps. However, there is a risk of a price jump in two weeks.

Drone war: Moscow reports attacks by 60 drones - refinery hit

Ukraine continues its counterattacks with drones in the Russian war of aggression. The target is once again the oil industry. In the capital Moscow, the attacks also have other consequences.

Trump Insists Iran Deal Will Hold

The White House sought to make the case that its interim deal with Iran will end a global energy crisis and achieve the administration's wartime goals, even as the two adversaries diverged on what the agreement will look like.

Transport policy: route prices: time for a new start!

Users only cover ten percent of the costs of the rail infrastructure. Financing through government construction subsidies challenges driving due to wear and tear.

“Forbes” ranking 2026: These are the ten youngest billionaires in the world

Few billionaires under the age of 30 have built their wealth on their own, but some have succeeded. A ranking.

ConocoPhillips Set to Become First U.S. Major to Sign Post-War Syria Gas Deal

ConocoPhillips is set to sign a deal with Syria’s state gas company this week for the development of local fields, the Financial Times reported, citing unnamed sources as saying the deal could be signed as early as this week. Per the report, Conoco will partner with a company named Novaterra Energy that describes itself as an entity set up “to restore and transform Syria's domestic gas production to meet its growing power needs.” The two will develop both existing fields and explore for new prod

How do you keep track of all your recurring charges across multiple services and currencies?

Even with a budget in place I keep finding charges I had forgotten about. Streaming services, cloud storage, apps I signed up for during a free trial and never cancelled. Last month I found three services still running that I had not used in over two months. I have tried maintaining a spreadsheet but it falls out of date quickly and requires manual effort every time something changes. Banking notifications help occasionally but time they do not show the full picture across the multiple accounts,

In 2016, ‘China’s Disneyland’ opens with localised attractions in Shanghai – SCMP archive

Disney opens Shanghai park, with eye to future By Mandy Zuo (Additional reporting by Nikki Sun) This article was first published on June 16, 2016 China represents “incredible potential” for Walt Disney, said company chairman Bob Iger ahead of the opening of its Shanghai theme park today (June 16, 2016). The US$5.5 billion complex is the first step onto mainland soil by the Western media giant as it seeks to grow its brand beyond already saturated markets back home. And the company was already...

Fewer cars sold: “China’s automobile market is under increasing pressure”

China is one of the most important sales markets for Germany's car manufacturers. However, recent market data raises concerns. VW sees itself prepared, but is hinting at changes.

China’s Refinery Runs Hit Four-Year Low as Crude Imports Collapse

Chinese refiners reduced their run rates to the lowest in four years as crude imports dropped to an eight-year low, Bloomberg reported today, citing official statistics data. The average run rate for Chinese refineries in May stood at 66.3%, with total volumes processed over the month down by 9.1% on the year to 53.72 million tons, the data also showed. The data follows earlier figures released by China’s statistics agency showing that crude oil imports into the country plummeted to the lowest s