Finance news

◇ unclassifiedgermany · europe · china

Stuttgart car manufacturer: Mercedes sells less – but a significant increase in electric cars

Another decline in sales at Mercedes-Benz. The reason for this is the lousy business in China. But there are also bright spots for the recently troubled car manufacturer.

◇ unclassifiedmiddle-east · usa

Eni Starts Building Italian Battery Hub, Agrees Chilean Lithium Investment

Eni broke ground for a project to produce lithium-iron-phosphate batteries at the Brindisi industrial site in Italy, as well as announced an agreement to acquire a stake in a Chilean lithium project.

Middle East war: USA launches new wave of attacks against Iran

US Central Command says it has attacked more than 80 Iranian targets. Washington also revoked Tehran's important license to sell oil. Qatar previously blamed Iran for attacks in the Strait of Hormuz.

Dax current: Dax is in the red - oil prices rise by more than six percent

The US has launched a new wave of air strikes following Iranian attacks. Renewed sanctions and rising oil prices are weighing on the markets. But the DAX initially reacts cautiously.

Singapore's Temasek hits record portfolio value, eyes more investment in AI, infrastructure and private credit

Over the course of its financial year, Temasek recorded a gain of S$49 billion and a 10.5% total shareholder return.

◇ unclassifiedusa

+++ US customs policy +++: Trump orders trade stop against Spain – “terrible partner”

Trump threatens European states with tariffs because of digital taxes - EU rejects threat +++ EU MPs agree to implementation of US customs deal +++ The news blog.

◇ unclassifiedmiddle-east · russia · usa

Oil and LNG Tankers Make U-Turns After Fresh Hormuz Escalation

The renewed hostilities and attacks on vessels in the Strait of Hormuz again put an abrupt end to the steady flow of oil and gas tankers moving in and out of the Persian Gulf. At least four oil and LNG tankers have made U-turns from attempts to transit the Strait of Hormuz in the past 12 hours, vessel-tracking data compiled by Reuters showed early on Wednesday. The Iranian attacks on three commercial ships on Tuesday, including an oil tanker and an LNG carrier, have prompted some shipowners and

◇ unclassifiedmiddle-east · usa · norway

Equinor Awards Contracts for Norway Tiebacks

Equinor and its partners signed contracts worth around $613 million for four tieback projects in different stages of development offshore Norway.

Big banks: Unicredit will soon have the say at Commerzbank

Almost 18 percent of Commerzbank shareholders accept the exchange offer. This leads to voting rights of almost 50 percent. The Italian bank will be able to enforce most decisions in the future.

Major banks: Unicredit now holds 49.65 percent of the voting rights in Commerzbank

Almost 18 percent of Commerzbank shareholders accept the exchange offer. This exceeds the Italian bank's expectations.

◇ unclassifiedmiddle-east · russia · usa

China Lifts Fuel Export Curbs as Refiners Ramp Up Overseas Shipments

China has lifted restrictions on the exports of refined fuels, allowing state-owned refiners to resume shipments overseas this month, as well as one private refiner, Reuters reported today, citing unnamed sources. For the private refiner, a company majority owned by Rongsheng Petrochemical, this would be the first month of exports after a four-month pause. State-owned refiners were allowed to sell fuels abroad, even with restrictions. According to the Reuters sources, following the removal of th

3d07/08⚠ coups-regime · 1/5

Pre-FOMC Minutes Market Snapshot: VIX Spikes, Precious Metals Hold Strong, DXY Pauses. What are you pricing in?

Hey guys, Just wanted to do a quick pre-FOMC minutes market check. Multi-asset setup is looking pretty interesting ahead of the release today. Here is where things stand right now: Gold (XAU): 4,119.29 (+0.45%) - strong defense here, showing some good relative strength. Silver (XAG): 60.55 (+1.14%) - outperforming gold today. Brent Crude: 76.48 (+1.53%) - catching a bid despite the broader deflation worries. DXY: 101.03 (-0.08%) - completely flat, waiting for direction. VIX: 16.14 (+3.73%)

Social◇ unclassifiedusa

3d07/08⚠ war-conflict · 2/5

Health insurance companies: a show of strength in the last few meters: the schedule for Warken's austerity law is shaky

A few days before the planned adoption, those involved are still wrestling with numerous changes. And doubts are growing as to whether the schedule for the GKV savings package can be maintained.

◇ unclassifiedmiddle-east · usa · iran

US Cancels Oil Waiver and Strikes Iran Anew

The U.S. carried out a new round of strikes in Iran targeting more than 80 sites and revoked a waiver allowing new sales of its oil, further imperiling a peace agreement after a series of attacks on ships in the Strait of Hormuz.

Investing: Germany is in the top group when it comes to intangible investments

German industry has been investing little in factories, machines and systems for years. But the picture is better for investments that you can't see.

3d07/08⚠ war-conflict · 2/5

Less wind power at sea?: EnBW boss calls for correction of wind power expansion targets

Rising costs, expensive technology: The EnBW boss is calling for the expansion of wind power at sea to be put on the brakes for the time being. Why he thinks less is more.

◇ unclassifiedchina · asia · usa

Hong Kong’s Paul Chan pledges second trip to Saudi Arabia to build Mideast ties

Hong Kong’s finance chief will lead another business delegation to Saudi Arabia later this year, announcing the news as the city hosted the first overseas edition of one of the kingdom’s top technology conferences as part of efforts to boost ties with the Middle East. Speaking at the opening ceremony of LEAP East 2026 on Wednesday, Financial Secretary Paul Chan Mo-po also announced that the conference’s Hong Kong edition would continue to be held annually for the next three years. For his second

Oil and gas company: Exxon promises billions in profits thanks to high oil prices

The US company Exxon is benefiting from increased oil prices and better refining margins. Investors are hoping for a strong signal for the industry.

◇ unclassifiedmiddle-east · russia · usa

Oil Prices Jump After Iran Attacks Commercial Vessels

Crude oil prices moved higher today, extending gains from earlier this week after the United States and Iran exchanged military strikes again, following Iran’s attacks on three vessels off the Omani coast. The United States also canceled its sanction waiver for Iranian crude in response to the flare-up. At the time of writing, Brent crude was trading at $76.58 per barrel, with West Texas Intermediate at $72.74 per barrel, on news reports that Iran had struck three vessels near Hormuz, of which o

Business ticker: OpenAI wants to release new AI models to the public

USA reinstates oil sanctions against Iran +++ Companies increase production more than expected +++ DHL raises annual forecast +++ News in the company live blog.

◇ unclassifiedgermany · europe · iran

+++ Iran War +++: Rutte: US attacks on Iran “absolutely necessary”

Iran threatens to counterattack after US attacks +++ Missile alarm in Kuwait and Bahrain after US attacks against Iran +++ Iran condemns renewed US sanctions against oil sales +++ The news blog.

Jump in profits: Exxon promises billions in profits thanks to high oil prices

The oil and gas company Exxon is benefiting from increased oil prices and better refining margins. Investors are hoping for a strong signal for the industry.

Social◇ unclassifiedgermany · europe

Tax office recommends “Sparkassen Depot”

My tax office recommends that I call my trusted savings bank person about a Deka(?) deposit for retirement provision, her husband (also a tax advisor) would have that too - she says it doesn't cost much in fees, but still more than with the online brokers, although she says "the savings bank isn't offline "that often". The reason for this is: I am self-employed and was told by the pension fund “your 214 months of deposits are over, you can leave if you want”. That would be approx.

◇ unclassifiedgermany · europe · australia

EnBW on energy transition: “The situation in the offshore sector has deteriorated dramatically”

Georg Stamatelopoulos is CEO of the energy supplier EnBW. In the interview, he defends the funding cuts for renewable energies and calls for fewer wind turbines in the North and Baltic Seas than previously planned.

Iran War: USA attacks more than 80 targets in Iran – oil sanctions back in force

The US has again attacked targets in Iran in response to the shelling of tankers in the Strait of Hormuz. President Trump apparently approved the process at the NATO summit.

◇ unclassifiedgermany · europe · china

Asian markets: Escalation in the Middle East drives up oil prices and weighs on stocks

New attacks in the Middle East are unsettling investors. While the indices in Japan and South Korea start with losses, the mood in China appears to be more robust.

3d07/08⚠ war-conflict · 2/5

100 days after opening: BASF in transition: China “spectacular” - main plant has to save money

The billion-dollar investment in Zhanjiang is becoming a source of hope for the company. Ludwigshafen, on the other hand, has a “longer way” to get into the black.

◇ unclassifiedgermany · europe · china

◇ unclassifiedchina · asia

How cheap AI is undermining Indonesia’s academic credibility

Indonesian authorities are widening their investigation into a case of suspected identity and research fraud at an overseas medical conference, which has exposed gaps in academic oversight and revived concerns about abuses in the nation’s system of publication-driven promotion for academia. The Ministry of Higher Education, Science and Technology has set up a team to examine papers previously published by the alleged perpetrators, saying action would be taken if they were found to have used...