Finance news

◇ unclassifiedusa · europe · germany

US, UK, France, Germany raise alarm about Chinese patrols off eastern Taiwan

The countries said Chinese patrols off the coast of Taiwan threaten regional stability and freedom of navigation.

◇ unclassifiedusa · china

Nvidia's Huang calls black market data centers made of smuggled parts a 'dead end'

Washington regulators and the Trump administration are increasingly wary of China getting ahold of advanced AI software and hardware.

◇ unclassifiedmiddle-east · russia · usa

Trade Is Slowly Opening One of the World's Most Isolated Nations

Azerbaijan is working hard to coax Turkmenistan out of its shell and integrate Ashgabat into trans-Caspian trade routes. Azerbaijani leader Ilham Aliyev exchanged a variety of trade-related agreements with Turkmenistan’s titular head of state, Serdar Berdymukhamedov, during a June 22 ceremony in Baku. A joint statement issued after the ceremony highlighted an agreement to streamline “technical specifications” concerning the movement of goods and vehicles between the two countries, and another to

◇ unclassifiedusa · europe · china

China studied US stealth aircraft — and learned the wrong lessons

An Air Force researcher said China's assessments of U.S. stealth capabilities "diverge from technical reality and operational practice."

◇ unclassifiedusa · europe

Airstrike killed senior ISIS commander in Syria, CENTCOM says

A senior Islamic State leader was killed by an airstrike last week, Central Command announced on Wednesday.

◇ unclassifiedusa · europe

Army’s top general in Europe set to retire next week

Gen. Christopher Donahue is the latest esteemed officer to leave the military under Defense Secretary Pete Hegseth’s tenure.

Biodefense: “Cheaper than atomic bombs” – genetic engineering and AI create new dangers from biological weapons

CEOs from the pharmaceutical and tech industries warn against the misuse of biological weapons technology. This is how companies and politicians are tackling the threat.

Government crisis: Starmer wants to remain a member of the British Parliament

After months of pressure, Prime Minister Keir Starmer announced his resignation on Monday. But he doesn't want to disappear completely from the political scene.

Qualcomm inks deal for AI startup Modular to bolster software stack, data center build-out

Qualcomm is looking to expand its position in the data center market as AI demand skyrockets.

◇ unclassifiedusa

Micron, AMD and Co.: What's behind the sell-off in tech stocks

Technology stocks have fallen sharply in recent days. The drivers are not only the fear of high interest rates, but also technical factors.

◇ unclassifiedchina · asia · taiwan

PLA’s advanced aircraft carrier Fujian transits Taiwan Strait amid military drills

The People’s Liberation Army’s most advanced aircraft carrier, the Fujian Type 003, transited the Taiwan Strait on Tuesday, a day after Taipei launched a combat readiness exercise. Song Zhongping, a military commentator and former PLA instructor, said the Fujian could be heading back to its home port in the southern island province of Hainan for a break before it headed out to the South China Sea for more training. Taiwan’s armed forces closely monitored the vessel throughout its passage using..

◇ unclassifiedusa · europe

Gen. Christopher Donahue to unexpectedly relinquish command of Army Europe and Africa

U.S. Army Gen. Christopher Donahue will unexpectedly relinquish command next week after just 18 months in the role, the Pentagon confirmed Wednesday.

Semiconductor: Chip company Qualcomm takes over AI specialist Modular

Qualcomm plans to issue up to 19.2 million new shares for the transaction. Based on Tuesday's closing price, the purchase price is almost four billion dollars.

◇ unclassifiedgermany · europe · russia

Ukraine war: “People drive around and grab everyone”: There are increasing reports of forced recruitment in Russia

The Russian army apparently cannot find enough volunteers for the front in Ukraine. Is there a threat of a new wave of mobilization? A video is supposed to show how the military is now proceeding.

17d06/24⚠ war-conflict · 1/5

Watchlist Update | What Am I Still Focusing On After the AI Pullback?

The biggest change in the market this week wasn't the disappearance of the AI logic, but rather a reassessment of valuations The Philadelphia Semiconductor Index fell nearly 8% in a single day, with popular AI stocks like MU, SNDK, and ARM experiencing significant pullbacks. Many are discussing whether the rally is over, but based on current information, it seems more like a cooling of expectations than a deterioration in fundamentals. SPCX: After falling from around 225 to around 157, it fina

Social◇ unclassifiedsocial-signal

◇ unclassifiedchina · asia · uk

UK’s revolving door of prime ministers reveals a deeper malaise

The resignation of Prime Minister Keir Starmer has once again plunged British politics into uncertainty. Britain is now poised to welcome its seventh prime minister in a decade: after David Cameron, Theresa May, Boris Johnson, Liz Truss, Rishi Sunak and now Starmer, yet another successor is waiting in the wings. For a country that often presents itself as a model of political stability and democratic governance, such an extraordinary turnover of leadership raises questions about the...

◇ unclassifiedgermany · europe · uk

Medicines: Stada strengthens its nutritional supplements business through acquisitions

For Stada, it is the first takeover under the direction of the new majority owner. Orifarm wants to concentrate on its core business with prescription drugs and generics.

◇ unclassifiedgermany · europe · uk

Medicines: The pharmaceutical companies of the future are Akeso, Hengrui and Innovent

Chinese drug manufacturers are catching up ever faster - and investing in the latest therapies. Is the pharmaceutical industry threatened with the same fate as the automotive industry?

Social◇ unclassifiediran · israel

ISW Special Report (June 23): Iran’s post-war strategy involves taxing Strait of Hormuz, military restructuring, and a surprising leverage in Lebanon.

The Institute for the Study of War (ISW) just dropped a critical special report outlining Iran's strategic pivots following the recent military escalations. It looks like Tehran is moving fast to institutionalize its gains, exploit diplomatic loopholes, and fix its internal command vulnerabilities. Here are the key takeaways from the report: 1. The Strait of Hormuz "Tax" Scheme: Iran is pushing Oman to establish a joint mechanism to manage the Strait of Hormuz. Their goal? To start imposing "ser

◇ unclassifiedchina · asia · russia

China’s telecoms giants bet on ‘air-space-ground-sea’ networks for future AI needs

China’s telecoms giants are pushing for “air-space-ground-sea” networks amid Beijing’s push to expand artificial intelligence infrastructure, as SpaceX’s market debut has ignited the industry’s focus beyond the Earth. At the opening of the Mobile World Congress (MWC) Shanghai on Wednesday, telecommunications executives framed the next phase of infrastructure as one that needs to encompass both the skies and oceans to meet skyrocketing demand for AI computing. Wang Tao, rotating chairman of...

This disease is more expensive than cancer and heart disease combined. And it’s only going to get worse.

“People should be alarmed. This is a health crisis. It’s also an economic crisis for families and government,”

◇ unclassifiedusa

Armament: F126-Aus is a massive financial hit for Rheinmetall - forecast for the naval division is shaky

The arms company has high hopes for the project. The medium-term sales forecast could now be shaky. The end also has financial consequences for company boss Armin Papperger.

Social◇ unclassifiedgermany · usa · europe

FTSE All World + Gerd Kommer ETF makes sense?

Hello everyone, I'm currently only saving for the FTSE All World ETF and I'm very happy with it. But I'm thinking about starting a second savings plan on the Gerd Kommer ETF in the future. I wouldn't sell anything from the All-World, but rather the savings rate in the future, for example. B. split into 75% FTSE / 25% Gerd Kommer ETF. (I currently have almost 70k in the FTSE and a savings rate of 300-500 euros per month, which changes a little depending on my income.) The commercial ETF brings with it a higher weighting

Major bank: Santander is negotiating early retirement for up to 3,000 employees

The effects of artificial intelligence on the labor market also affect the banking industry. Now there are further consequences for the major Spanish bank Santander.

◇ unclassifiedusa · europe · germany

Tank maker KNDS plans stock market listing, Germany to buy 40% stake

The firm showed a proposed battle tank at Eurosatory defense exhibition in Paris boasting a French turret and gun mounted on a German Leopard 2 chassis.

◇ unclassifiedusa · korea

Coming to America: SK Hynix plans depository receipt listing on the Nasdaq

SK Hynix, one of the three major memory-chip makers that has surged in value due to huge demand for artificial-intelligence applications, said on Wednesday it’s going to issue American depository receipts, giving American investors an easier way of investing in the company.

Financial advisors: More human interaction: How AI in financial advice frees up time for customers

Artificial intelligence is taking on more tasks in financial advice. This saves time and opens up freedom. But the technology has limits.

◇ unclassifiedchina · asia

Drowning desert: how Xinjiang’s infrastructure could fail under record rain

Rare but intense rainfall in China’s biggest desert that triggered flooding – and damage – across parts of Xinjiang has underscored the growing risks posed by extreme weather in the country’s arid northwest. According to China Weather Network, the public information platform of the China Meteorological Administration (CMA), two major flood events have occurred along the margins of the Taklamakan Desert, a once-arid region, this month. While warmer, wetter conditions in recent decades made...

◇ unclassifiedgermany · europe · uk

Gastronomy: Instead of gut feeling and nose factor – this AI tool can make restaurants more productive

Nesto writes a smart shift schedule for restaurants in 40 seconds. This way you can avoid waiting times and increase sales. L’Osteria and McDonald’s are already customers.