Finance news

China delivers first samples collected from far side of the moon to Russian scientists

China has given Russia some of the first soil samples collected on the far side of the moon by the Chang’e-6 lunar lander. On June 3, 1.5 grams (0.05 ounces) of lunar soil collected during the mission were handed over to the Planetary Physics Department of the Russian Space Research Institute. “The transfer of the soil samples took place as part of the development of cooperation in space science and lunar exploration between Russia and China,” the institute said. “Researchers will study the...

Calculation tracking difference

Hello, I'm looking at the total costs of ETFs and the TD plays a significant role there. Now I like to look at extra ETFs to see what the costs/performance are. Now I don't fully understand how extraETF calculates the tracking difference. The normal calculation is explained (TD=Development ETF - Development Index) And then their own calculation (TD=Development Index - Development ETF) According to their formality, a negative TD al

Business ticker: Airbus is forging a new armaments project

BASF boss warns of oil price shock and energy shortage +++ Roche sticks to million-dollar investment despite Berlin austerity package +++ Isar Aerospace raises 270 million euros +++ News in the company live blog.

Technip and Airbus Create Sustainable Aviation Fuel JV

French energy and engineering firms have teamed up with Airbus to create a joint venture to develop a large-scale Sustainable Aviation Fuel (SAF) production project at the Port of Dunkirk in France, the companies said on Tuesday. Technip Energies, Airbus, Safran, and Tereos are setting up Rebound, the joint venture aimed at developing a production capacity of 160,000 tons of Alcohol-to-Jet SAF per year at Dunkirk. The new venture would strengthen European energy sovereignty and support France’s

EU announces oil cap freeze in latest Russia sanctions package

The 21st package also targets Russian banks, financial institutions in third countries and 30 oil tankers from Russia’s 'shadow fleet'

World's 65 Biggest Banks Pumped $906 Billion Into Fossil Fuels in 2025

The biggest banks in the world increased financing for fossil fuels by 8% in 2025 from a year earlier, committing a total of $906 billion to fossil fuel companies amid climate policy rollbacks, especially at U.S. and Japanese banks. Since the Paris Agreement of 2015, the world’s 65 largest banks have financed oil, natural gas, and coal operations with a combined $8.7 trillion, showed the annual Banking on Climate Chaos report from campaigners coordinated by Rainforest Action Network. Last year w

Power outage in Reutlingen: Electricity is flowing again in Reutlingen - investigators continue to puzzle

Reutlingen is back on the grid: Most households have electricity again after the substation fire, only a few commercial businesses are still affected. The background remains unclear.

WoodMac Finds 'No Consensus' on Gulf Crisis Resolution

Wood Mackenzie 'found no consensus' on when the Gulf 'crisis' will be 'resolved' at its latest annual gas and LNG conference held in London recently, a statement sent to Rigzone by the company revealed.

Logistics: How combustion engines save fuel with solar cells on the roof

3,000 euros investment, five percent less diesel consumption, payback in less than two years: retrofitted solar modules on trucks can help reduce fuel consumption.

Special funds: Federal states have so far only spent one percent of the funds

An advisory board appointed by Lars Klingbeil criticizes the federal and state governments. The funds from the special fund are flowing out too slowly - and not enough into real future fields.

Business ticker: “Reserves are slowly being used up”: BASF boss warns of new oil price shock

Roche is sticking to its million-dollar investment despite Berlin's austerity package +++ Production slows in April +++ Isar Aerospace collects 270 million euros +++ News in the company's live blog.

Morgan Stanley Sees Asian LNG Prices Soaring to 3.5-Year High

Asia’s benchmark LNG prices are set to jump to the highest level in three and a half years in the second half of 2026 as demand is rising amid high electricity summer demand and the EU needs to refill depleted gas storage sites, Morgan Stanley analysts reckon. The Asian LNG price is expected to increase to $25 per million British thermal units (MMBtu) in the third and fourth quarters of 2026, Morgan Stanley said in a note carried by Bloomberg. The price forecast suggests an upside of more than 3

Energy markets: BASF boss warns of new oil price shock due to Iran war

BASF boss Markus Kamieth fears far-reaching consequences because of the Middle East war. He sees the chemical industry in historically difficult times. He rejects a return to Russian gas.

Energy markets: BASF boss warns of new oil price shock due to Iran war

BASF boss Markus Kamieth sees the chemical industry in historically difficult times. He rejects a return to Russian gas.

Oil Gives Back Most of Monday Gains

Oil gave back most of Monday's gains today, Saxo Bank highlighted.

The Oil Shock Is Weakening India’s Economy and Finances

India is scrambling to contain the economic and financial impact of the worst oil supply disruption in history as analysts say the high oil prices would continue to weigh on the Indian currency, economic growth, and public finances as long as supply is choked at the Strait of Hormuz. More than three months after the Iran war began, investment banks, brokerages, rating agencies, and even India’s central bank are lowering economic growth forecasts, while the government intervenes to stop the cash

Buy an electric car to save money?

I'm currently considering swapping my VW Polo for a simple electric car. Normally I am of the opinion that from a financial perspective you should drive a car for as long as possible. But the fuel prices, even after they have gone down, still make a difference and with the change in the CO2 price 28 the future doesn't look any better here. I drive around 18,000 km a year. My commute to work is 25 km. I'm a tenant, but I think my landlord would be in favor of a wallbox

Pentagon blacklists China tech giants as US competition expands

The Pentagon added tech giants Alibaba and Baidu and carmaker BYD to a blacklist of Chinese companies with military ties amid widening competition between the world’s two largest economies. Drug maker WuXi AppTec, robot company Unitree and carmaker Nio were among other businesses added to the 1260H list, according to a US Department of Defence notice. Some Chinese companies no longer operating in the United States were removed in the annual update. Alibaba owns the South China Morning Post. The.

Applied digital - APLD (AI Data Center) DD

So their business model is basically to sign tenants. Think of them as a landlord for AI infrastructure, they build the building, the hyperscaler moves in and pays rent. They signed a new lease yesterday, so I did run the numbers again: Based on signed lease agreements alone, APLD is set to generate $611M per quarter / $2.45B annually once all contracted capacity comes online, and that's fully guaranteed. They're also still leasing out capacity they're actively building right now. Once that's fi

Giant Oil Supertanker Orders Eclipse Record

The world's shipowners have placed orders for a record number of new oil supertankers.

Is there even a good outcome for us when it comes to AI?

By us I mean the working part of the population who has savings plans for retirement or owning their own home. People who can live on their passive income and have a paid-off home can sit back and relax. Is there a positive outcome for us from the whole AI bubble? Currently, the signs are becoming increasingly clear that there is a very realistic risk that the trillions of dollars that are now to be invested in AI will never be able to accumulate any equivalent value

China’s rail gun milestone: guided projectile prototype passes real firing test

Inside a metal shell being hurled from a standstill to a speed many times faster than sound, the pressure could be as high as an elephant standing on every square inch of a human body. To make matters worse, an invisible, violent magnetic storm is raging through its path. This is the world inside an electromagnetic rail gun. For decades, this has been the nightmare that kept weapons engineers awake. Their dream was to place a guidance chip inside a rail gun shell so it could steer itself to a...

Asia Is in the Eye of the Energy Crisis

Asia will bear the brunt of the energy crisis unfolding as a result of the war in the Middle East, former IEA chief Nobuo Tanaka warned this week. Speaking at a hydrogen industry event in Malaysia, Tanaka said, as quoted by the Borneo Times, that “The first oil shock created the IEA in 1973. The second transformed industries and economies. Now we are facing a third oil shock, and Asia is at the centre of it.” The official went on to note that the closure of the Strait of Hormuz is a nightmare sc

Business ticker: German industry is weakening

Production slows in April +++ Airlines warn of more expensive tickets due to CO2 taxes +++ Fewer orders for industry +++ News in the company live blog.

China’s Oil Imports Plummet to Eight-Year Low

Crude oil imports to China in May fell to their lowest since October 2017 because of the price spike resulting from the Persian Gulf tanker traffic disruption. The May total stood at 33 million barrels, or 7.8 million barrels daily, Bloomberg reported, citing Chinese customs data. This compares to an average daily import rate of 11.6 million barrels last year. Refinery run rates are down as well, as are fuel exports, with Beijing careful to make sure there is enough diesel and gasoline for the d

Ifo Institute calculations: Twelve federal states with growth – NRW shrinks in the first quarter

The Iran war is also putting a strain on the economy in the federal states. Up to now, only upgrading has ensured growth in the industry.

The savings bank doesn't seem to understand anything

Yes, dear Sparkasse, it is precisely because of a few percent that switching away from you makes sense and is necessary. A few percent per year makes them sound like peanuts, but in the long term it amounts to hundreds of thousands of euros, regardless of whether it is a few percent in costs or a few percent less return or interest. How cheeky or ignorant to advertise with this... 😂 submitted by /u/Detinu24 [link] [comments]

Ifo study: Twelve federal states with growth – NRW is shrinking

The German economy can grow slightly. But the differences between the federal states are sometimes significant, shows a new Ifo calculation.

China's 8-year low oil imports cushion Iran war shock to global prices

More LNG Tankers Slip Through the Strait of Hormuz

Another LNG carrier loaded with Qatari gas has passed through the Strait of Hormuz this week, bringing the total number of Qatari LNG cargoes that have cleared the chokepoint since the start of the war to five, Reuters reported today, citing data from Kpler and LSEG. The report noted that all in all, nine LNG vessels have exited the strait since February 28, including Qatari and Emirati cargoes. Meanwhile, a ballast LNG carrier has entered the Strait of Hormuz without issues, set to load at the