Finance news

British commandos board Russian shadow fleet tanker, Zelensky grateful

British armed forces intercepted a sanctioned Russian shadow fleet oil tanker in the English Channel on Sunday, for the first time leading an operation to disrupt the oil revenue ‌that helps fund Russia’s war in Ukraine. The vessel Smyrtos, sailing under the Cameroon flag, was boarded by Royal Marine Commandos and National Crime Agency (NCA) officials in the early hours on Sunday, with support from Chinook helicopters and other aircraft, a frigate and a minehunter. “This successful operation...

Summit in France: G7 security alarm in Geneva – fear of riots like in 2003

More than 7,000 security forces are deployed in Geneva to accompany protests against the G7 summit. The city is in a state of emergency - out of fear of renewed riots like 23 years ago.

◇ unclassifiedchina · asia

Deadly Mindanao quake raised seabed, causing marine die-off

A powerful earthquake that killed at least 61 people in the Philippines this week raised the seabed by as much as two metres (6.6 feet), exposing coral and harming marine life, the environment department said on Sunday. The 7.8-magnitude tremor in southern Mindanao island on Monday has also left at least 40 people missing, according to updated tolls from the disaster agency. Local residents first reported the geological phenomenon known as “coastal uplift” two days after the quake, which...

G7 summit: Security alarm in Geneva – fear of riots like in 2003

More than 7,000 security forces are deployed in Geneva to accompany protests against the G7 summit. The city is in a state of emergency - out of fear of renewed riots like 23 years ago.

Protests: New right-wing party in Italy - demonstration for “remigration”

He criticizes Meloni's politics as being too soft: Ex-army general Vannacci calls out “Italy for the Italians” at the party conference of his right-wing movement. At the same time, thousands of people protest for “remigration” in Rome.

Hong Kong’s domestic helpers need safe places to work and play

Two big issues are bubbling up over Hong Kong’s army of foreign domestic helpers. The whole community will have to sit down and decide how to address them. The first is the availability of places for helpers to congregate safely and freely on their days off without putting too much stress on public facilities, other residents and tourists. The second is figuring out how to provide an acceptable working environment inside the home during hot summer months. Two underlying trends are adding to the.

◇ unclassifiedgermany · europe · usa

Jam, fruit spread or jelly: from today on, jam can be called jam again

The word salad surrounding the sweet spread is over: jam can be called that again. This has to do with Brexit.

◇ unclassifiedchina · asia · india

Hong Kong commercial landlords may bet on investment to curb tenant loss from AI: analysts

Hong Kong’s older office assets and their struggling landlords could face more challenges as the wider adoption of artificial intelligence (AI) by firms in the city leads companies to relocate to newer buildings that better support their requirements, according to real estate consultancy Knight Frank. AI is poised to usher in more changes in Hong Kong’s commercial office space, and landlords may have to act fast to either refurbish their assets or convert them for new uses, said Lee Elliott,...

◇ unclassifiedgermany · europe · russia

+++ Ukraine War +++: British forces intercept oil tankers from the Russian shadow fleet – confirms Starmer

Ukraine hits defense chemical plant and fuel storage facility in Russia +++ Zelensky announces trips to G7, EU and NATO summits +++ Zaporizhzhia nuclear power plant back on the power grid +++ The news blog.

◇ unclassifiedusa · europe · uk

Interview: French Army chief Schill talks technology, surprise and ‘archaic’ combat

"We should avoid excessive analogies. France is not Ukraine," said Gen. Pierre Schill in an interview ahead of the Eurosatory defense expo near Paris.

Hong Kong’s first 5-year plan to tackle economic gaps, boost quality jobs: Paul Chan

Hong Kong’s first five-year plan will map out concrete paths to address the city’s shortcomings and magnify socio-economic benefits, including how artificial intelligence can create quality jobs, the financial chief has said a day ahead of the public consultation on the blueprint. Financial Secretary Paul Chan Mo-po said on Sunday that the key task for the blueprint would be the upgrading and transformation of the city’s economy, vowing to press ahead with the Northern Metropolis megaproject and

◇ unclassifiedchina · asia · russia

How Iran used US ceasefire to replenish its depleted missile stockpiles

Western allies believe Iran has most likely added new-build Russian weapons to its inventory and reconstituted large swathes of its missile arsenal during the eight-week ceasefire, giving the Islamic Republic the firepower to strike back at nearly full strength if hostilities resume. Tehran has about three-quarters of the munitions it had before the war and can easily build it up further, according to intelligence assessments. That includes unspecified Russian missiles that probably came off the

28d06/14⚠ war-conflict · 2/5

Surge in AI-related court cases fuels calls for China to clarify its laws

The Chinese legal system is grappling with a surge of artificial intelligence cases, but experts have warned that the lack of a unified legislative framework is hampering efforts to tackle the problem. In a recent landmark case, a court in the eastern city of Hangzhou ruled against a tech company that had fired one of its workers after he refused to accept a demotion and pay cut, with the company telling him he could be replaced by AI. The worker had been employed by a fintech firm to evaluate..

◇ unclassifiedchina · asia

◇ unclassifiedchina · asia

China’s Geely Auto to slash excess capacity amid overhaul to boost carmaker’s global edge

Geely Auto, which is locked in a fierce battle for dominance against BYD in China’s crowded automotive market, has pledged to purge excess capacity through an asset restructuring while ramping up its go-global drive with an eye on greater international competitiveness. Chairman Li Shufu said during the Chongqing Auto Show on Friday that the Hong Kong-listed carmaker would assess the oversupply of capacity across all units to determine whether to close, suspend, merge or sell redundant production

28d06/13⚠ war-conflict · 1/5

Am I taking over myself financially? 30 years old, family, buying a house – looking for an honest assessment

Hello everyone, I'm currently about to buy a house (or not hehe). I'm 30 years old, married, two children (1 and 3.5 years old). We are about to buy a single-family home and I would like an honest assessment from you as to whether we can afford it financially. I come from a humble background and am currently wavering between “now just jump” and “are you crazy, you idiot?” About us: Me: €5,500 net Person 2: Part-time job €1,000 net (children

Social◇ unclassifiedgermany · europe

28d06/13

Just funded my first account!

30 years old and finally saved up 25,000 to begin investing for retirement. I read the intelligent investor, 50 years of Berkshire letters to investors as well as a lot of YouTube content. I am thinking for my first investment, either Space X, or even money on the dodgers to win the World Series. submitted by /u/That-Account6064 [link] [comments]

Social◇ unclassifiedsocial-signal

28d06/13

Trump to name James McDonald – one of his lawyers – as Wall Street’s top cop

US President Donald Trump said on Saturday that he planned to appoint James McDonald as US Attorney for the Southern District of New York, the federal prosecutor whose office handles many of the most high-profile cases involving Wall Street. McDonald would replace Jay Clayton, whom Trump nominated as US director of national intelligence less than two weeks after a congressional backlash against his interim appointee, housing official Bill Pulte. Trump had tapped Pulte after Tulsi Gabbard, the...

28d06/13

Food: From today on, jam can be called jam

Jam, fruit spread or jelly: the word salad is over. Jam can be called that again. When buying honey, supermarket customers also get more clarity about its origin.

29d06/13⚠ war-conflict · 1/5

Slovenia lifts ban on arms trade with Israel

submitted by /u/OldBridge87 [link] [comments]

Social◇ unclassifiedisrael

Armed men in Haiti’s capital seize top official in rare high-level abduction

Armed men in Haiti have kidnapped James Boyard, cabinet director of the Defence Ministry and a highly respected security expert who also serves as inspector general of Haiti’s police, a person with the knowledge of the situation said on Saturday. He is the highest-ranking official to be kidnapped in the gang-wracked Caribbean country in recent years. A person with knowledge of the situation who was not authorised to speak publicly about the case confirmed the kidnapping to Associated Press on...

29d06/13⚠ sanctions · 3/5

US strike kills leader of Venezuela’s Tren de Aragua gang, White House says

Venezuela’s information ministry said that during the operation there were clashes with members of criminal groups, in which the leader was neutralized.

◇ unclassifiedusa · europe

401k elections, S&P 500, Russell 2000, and International Index

I currently have my 401k elections set to 60% for s&p 500, 20% for Russell 2000, and 20% for the International Index. I’m 25 and have a long time for the contributions to grow, I’m just wanting some more opinions on if these are good elections to have, or if there’s a stronger combination I should be looking at instead. submitted by /u/ChigginParmaSean [link] [comments]

Social◇ unclassifiedusa

◇ unclassifiedgermany · europe · usa

Silicon Saxony: Every Infineon job creates six new positions in Saxony

Infineon is about to start its new factory in the Elbe metropolis. Local companies have great hope for the 5 billion euro investment.

Artificial intelligence: Anthropic blocks top AI model for foreigners – Europe affected

A US government order forces Anthropic to block two new AI models from all non-US citizens. The background is concerns about national security.

2 rare owl chicks fledge in Hong Kong breeding success

A pair of rare brown wood owls have been bred at a botanic garden in Hong Kong, with two chicks fledging last month. Kadoorie Farm and Botanic Garden in Tai Po kept the breeding programme under wraps for weeks, allowing the chicks to grow undisturbed before announcing it. The chicks, still downy white, were seen peering curiously from their nest among ferns in the farm’s mature forest. Their mother kept watch from a nearby tree during the day and foraged for food at night, the farm said in a...

The math isn't mathing on the SpaceX IPO

Everyone is cheering the 19% pop like it proves something. It doesn't. Let's actually look. SpaceX closed today near a $2.1 TRILLION market cap. Their 2025 revenue? $18.7 billion. That's a price to sales ratio of about 112x. Not earnings, SALES. And they didn't even have earnings, they posted a $4.9 billion net loss for the year. For context, Apple trades around 9x sales. Nvidia at the absolute peak of AI mania was around 30x. SpaceX just IPO'd at nearly 4x that, while losing money. And it gets

Social◇ unclassifiedusa

Artificial Intelligence: Anthropic blocks top AI model following US government order

For the first time, a top AI has to be blocked on government orders. Anthropic is suspending access to Fable 5 and Mythos 5 due to US government national security concerns. What's behind it?

Artificial Intelligence: Anthropic blocks top AI model after government order

There has never been anything like this before: OpenAI rival Anthropic suddenly has to block access to its best AI model because the US government fears a security risk. A lot is still unclear.