Finance news

◇ unclassifiedusa · europe · germany

Australia forges ahead with 155mm ammo production

The Maryborough factory will commence M795 production by late 2028 at a rate of 15,000 rounds annually.

◇ unclassifiedchina · asia · usa

China credit data shows sluggish demand, more household deleveraging amid weak investment

Beijing’s long-standing efforts to reinvigorate the domestic economy continue to face headwinds, as the latest credit data points to persistently sluggish consumption and weak investment across China, with the tech sector standing out as a lone bright spot amid the central government’s push for innovation to reduce external reliance. New bank loans totalled 520 billion yuan (US$77 billion) in May, according to People’s Bank of China data released on Friday. The figure trailed the 620 billion...

90% of Global Businesses Expect to Electrify Operations by 2035

An overwhelming 90% of global businesses expect to electrify their operations by 2035 amid geopolitical instability fueling volatility in fossil fuel supply and prices, a new survey showed on Monday. The polling, conducted by consultancy Public First across key economies and emerging markets, was commissioned by E3G, We Mean Business Coalition, and the Global Renewables Alliance. The survey in late April asked 1,994 business CEOs, VPs, directors, or senior-level management of medium and large or

Social◇ unclassifiedeurope · usa

Moving from a €10k/year Bank Mandate to a Self-Managed ETF Portfolio – Feedback on Allocation?

Hi all, I’m looking to move our family portfolio away from a discretionary bank mandate into a self-managed ETF portfolio. The main drivers are high costs (currently running above €10k annually) and underperformance from the active management. Our horizon is long-term wealth generation (even past retirement, as we will receive state pensions), with some optionality for future life events like the kids' university or housing. The EUR figures below are just for scale, but the percentages are the r

Takeover battle: Unicredit threatens Commerzbank with replacing the supervisory board and management board

The Italian financial institution is speaking openly for the first time about removing the top management of Commerzbank. This would also be an affront to the federal government.

28d06/15⚠ war-conflict · 1/5

Get out of debt, but how do you go about it?

Hey, unfortunately I got a little into debt and am now considering how to get out of it. Unfortunately, my dog was euthanized on Saturday. Due to the veterinary costs of the last few months, a move and some stupid decisions, I slipped into it a bit. I'm a little ashamed to write this, but looking away doesn't help. Current status: Account: -1100€ Credit 1: 90€ per month. until December 2026 Loan 2: €140 per month. until May 2028 Credit card: -550€ Go

Social◇ unclassifiedgermany

Coalition struggles for reforms: Söder calls for compromises - “Doomed to succeed”

The wolves are at the door, warns CSU boss Söder - and sees the Berlin coalition under maximum pressure to deliver. He doesn't want to draw any red CSU lines. With one exception perhaps.

28d06/15⚠ shipping-routes · 3/5

China’s Return to the Oil Market Could Boost Inflation

The U.S.-Iran agreement to reopen the Strait of Hormuz could prompt China to return to buying more crude after months of multi-year-low purchases, which could reignite inflationary pressures despite the expected ease of oil flows from the Middle East. Late on Sunday, the U.S. and Iran announced a deal to reopen the Strait of Hormuz more than 100 days after its closure. This re-opening could happen as soon as an agreement is signed on Friday. News of the deal sent oil prices tumbling early on Mon

◇ unclassifiedgermany · europe · usa

Markets: Iran agreement supports Dax – but 25,000 points remain a hurdle

There is relief on the markets about the agreement between the USA and Iran. Oil prices are falling and the stock markets in Japan and South Korea are rising sharply.

◇ unclassifiedgermany · europe · usa

Current oil price: Oil prices fall significantly after the USA-Iran agreement

The agreement between the USA and Iran causes oil prices to fall significantly. Brent falls to 83 dollars, WTI to a good 80 dollars per barrel. Latest news in the oil price news blog.

Fewer children: Education report: drop in birth rates reaches daycare centers and schools

Every two years, the “Education in Germany” report presents a comprehensive inventory. This time a trend reversal is visible - but that does not necessarily mean fewer problems.

◇ unclassifiedusa · middle-east · iran

Oil shock 'far from over' as analysts warn of new Middle East risk premium

Commodity analysts warn that oil price volatility is likely to persist, despite the U.S.-Iran peace agreement.

28d06/15⚠ coups-regime · 3/5

Woodside Says No Takeover Offer from ExxonMobil

The Australian company said it was not in discussions with ExxonMobil over a potential takeover, while an analyst said any deal would likely face regulatory hurdles if it came to fruition.

◇ unclassifiedmiddle-east · usa · australia

◇ unclassifiedgermany · europe · iran

US-Iran deal: When will oil prices fall?

A potential US-Iran deal to end the war and reopen the Strait of Hormuz could ease the global energy crunch, but oil prices and supplies may take months to stabilize as shipping restarts and infrastructure recovers.

28d06/15⚠ war-conflict · 4/5

Iran war: Will the global energy crisis end soon?

A US-Iran deal to end the war and reopen the Strait of Hormuz could ease the global energy crunch, but oil prices and supplies may take months to stabilize as shipping restarts and infrastructure recovers.

◇ unclassifiedgermany · europe · iran

◇ unclassifiedmiddle-east · usa · uk

Japan Agrees to Facilitate $12B Investment in UK Offshore Wind

The investment will support the development of 5.9 gigawatts of floating facilities in which Japanese companies own a stake.

India’s Solar Capacity Set for 22% Annual Growth Through 2035

India’s solar capacity is set to surge by 22% each year by 2035 as the data center boom will drive increased power consumption, a new report by Nuvama showed on Monday. The consultancy estimates that India’s total power demand will rise by 6% every year over the next decade, “driven by economic growth, rising urbanisation, manufacturing expansion and increasing electrification across sectors,” according to the report cited by Indian news outlet ANI. Solar growth will vastly outpace overall power

Social◇ unclassifiedgermany · usa

ETF = AI cluster risk??

Hello everyone, a topic has been on my mind since the weekend that concerns the long-term logic of passive investing and I would like to hear some opinions on it. On Friday, SpaceX (including xAI) went public and immediately exited trading with around USD 2.1 trillion. And OpenAI and Anthropic are already in the starting blocks with their billion-dollar IPOs; the S-1 applications have only just been submitted. I want to talk about the technology itself

Migration: Swiss reject cap on population in referendum

The Swiss have spoken out against the right-wing populist SVP's proposal to cap the population at ten million people. In addition to the citizens, the government, parliament and business associations also rejected this.

Football World Cup: German men's team wins first game 7:1

The German national team achieved its first victory at the men's World Cup against Curaçao on Sunday. For the four-time world champion it was the first opening victory at a World Cup in twelve years.

Oil prices slump to three-month low after U.S. and Iran agree to framework of peace deal

West Texas Intermediate and Brent crude fell after officials agreed to a 60-day ceasefire while final arrangements are being negotiated.

◇ unclassifiedusa · iran

U.S.-Iran Deal Doesn’t Mean a Swift Return of Oil and Gas Flows

The U.S.-Iran deal and the potentially imminent reopening of the Strait of Hormuz do not mean that oil and gas trade will quickly return to its previous levels. The announcement of the deal is just the first step, and it could take months for oil and gas shipments in the region to return to pre-war levels. Middle Eastern producers have been forced to shut in more than 10 million barrels per day of oil production since the Strait of Hormuz was closed three and a half months ago. Producers will ne

Sports car from Bavaria: M-Concept gets in the mood for the electric BMW M3

After AMG and Ferrari, M GmbH is now venturing into the electric age. However, the BMW subsidiary's first battery-powered sports car remains closer to the original and therefore makes less wind.

◇ unclassifiedgermany · europe · usa

Mobility costs: fuel prices are falling - ADAC: Not fast enough

The agreement between the USA and Iran is causing oil prices to fall - fuel has also recently become cheaper. There are initially no strong rashes to be seen on Monday.

28d06/15⚠ shipping-routes · 3/5

Japanese Shipping Companies Hold Back Despite Hormuz Deal

Japanese shipping companies that own vessels stuck near the Strait of Hormuz are in no rush to test the veracity of news that the U.S. and Iran had agreed to end their hostilities, with Iran reopening the strait. They will wait until the formalization of the agreement, set to be signed on Friday, Reuters reported. Several hundred tankers, LNG carriers, and cargo ships have been stuck around the chokepoint since the start of March, when Iran shut down the Strait of Hormuz in response to the missi

◇ unclassifiedchina · asia · usa

US-Iran peace deal gets cautious welcome amid unresolved tensions

The United States and Iran are set to sign an interim peace deal on Friday that will reopen the Strait of Hormuz and potentially end a nearly four-month-long conflict that has killed thousands and upended the global economy. “The deal with the Islamic Republic of Iran is now complete,” US President Donald Trump said on social media on Sunday, which was also his 80th birthday. “I hereby fully authorize the toll free opening of the Strait of Hormuz” along with the “immediate removal” of the US...

◇ unclassifiedgermany · europe · iran

Iran War: This is how oil, interest rates, stocks and gold react to the peace agreement

Peace is imminent in the Middle East. The reactions on the financial markets show that investors clearly did not specifically expect the deal.

Social◇ unclassifiedgermany

My Sankey, M28 IT clerk/support

https://preview.redd.it/261g2qvlte7h1.png?width=1200&format=png&auto=webp&s=62045f7c918ebcd39656312b49f0327256fc7f93 I am currently investing 70/30 in the MSCI World and MSCI EM, which is an account at the savings bank will soon be replaced by an account with TR. I live 2 minutes from work in a nice 1-room apartment and have no use for a car, I live in a big city with very good public transport. submitted by /u/Thrower4575 [link] [comments]

◇ unclassifiedmiddle-east · usa · iran

Hormuz to Reopen as Iran, US Agree to Pause War

The U.S. and Iran said they reached an interim agreement to reopen the Strait of Hormuz, halting a war that killed thousands of people and setting the stage for 60 days of negotiations on the fate of Tehran's nuclear program.

Australian Regulator Clears LNG Strike

The Australian Fair Work Commission has denied Inpex a request to stop a strike at the Ichthys facility that would affect production and exports at the 9.2-million-ton facility. According to a Reuters report, the operator of Ichthys had applied to the labor regulator for a suspension of the industrial action amid persistent failure to reach an agreement with trade unions. The WTC, however, sided with the strikers, rejecting the Japanese company’s argument that suspension of normal operations at