Finance news

China’s rare earth industry has critical weakness, researchers warn

China’s dominance in rare earth mining, refining and exports has long been viewed as a strategic advantage. But a new study by Chinese researchers argues that the country’s rare earth industry has its own critical weakness. “China is not in a leading position in mastering key core technologies in certain fields,” the researchers wrote in the paper. Published in the latest issue of the Bulletin of the Chinese Academy of Sciences, the study shifts the focus away from resource reserves and...

Artificial intelligence: AI boom brings sales jump to Taiwanese contract manufacturer Foxconn

High demand for AI servers increases Foxconn's sales. The electronics company also expects growth for the third quarter.

Defense: There has to be this much duty - also for the economy

In the future, companies will have to release reservists for military exercises. This reform is right. And it was long overdue. A comment.

For which items do you generally choose used goods so as not to burn money?

When it comes to major investments such as real estate and cars, it is very common to buy used goods. How do you feel about furniture, clothing and electronics? Does it always have to be a new laptop or does it also work with refurbished goods? Do you buy clothes new at full price, on sale or do you ever visit a second-hand shop? And are you more of an Ikea visitor or do you get your furniture from a social department store? submitted by /u/tehn6 [link] [comments]

Sports car manufacturer: Porsche is restructuring its sales – three top managers are losing their positions

The weak sales figures are forcing the car manufacturer to change course. The head of sales is revising decisions that he himself made just over a year ago.

+++ Ukraine War +++: After talks with Putin and Zelensky, Trump offers new mediation in the Ukraine war

Putin and Zelensky congratulate the USA on its anniversary +++ Trump confirms willingness to help end the war +++ Ukraine rejects Russian capture of Kostiantynivka +++ The news blog.

Liquefied natural gas: LNG share of gas imports is increasing significantly despite the Iran conflict

The war had severely restricted LNG production in Qatar and the trade route through the Strait of Hormuz. In this country, however, the effects are manageable.

Sara Duterte impeachment, NATO summit, Modi visits Indonesia

The unstoppable rise of China-made cars in Europe: 5 things to know

Hong Kong aurora-chasing tour group rescues 2 divers lost at sea in Australia

A Hong Kong tour group on an aurora-chasing boat ride near an island in Australia saved two fellow city residents who went missing while scuba diving, in a dramatic rescue the agency said “shone light on the brilliance of humanity”. WWPKG Tours detailed the rescue on Sunday in a Facebook post and commended tour group leader Foxman Hui and his members who were on a trip in Tasmania. They were out at sea on a Southern Lights sightseeing cruise in Hobart on Friday, when they came across two Hong...

Business ticker: Uber apparently stops expanding its food delivery service in Europe

The background is the planned takeover of Delivery Hero +++ Airports criticize waiting times due to new border controls +++ Continental seals the sale of Contitech +++ News in the company's live blog.

Natural disaster: earthquake in Venezuela – the number of victims rises to almost 3,000

A week and a half after the earthquakes, bodies continue to be recovered from the rubble. The rescue workers do not give up the search for buried victims despite the low chances of success.

Natural disaster: Earthquake in Venezuela: death toll rises to almost 3,000 dead

A week and a half after the severe earthquake, bodies continue to be recovered from the rubble. The rescue workers do not give up the search for buried victims despite the low chances of success.

Ebola treatment trial begins in Congo as citizens mourn hundreds

Residents at the epicentre of the Democratic Republic of Congo’s (DRC’s) Ebola outbreak are pinning their hopes on experimental treatments after researchers began a highly anticipated study in early July of two possible Ebola treatments in hopes of fighting the still-growing outbreak. At the Ebola treatment centre inside Bunia’s Evangelical Medical Centre, in eastern Congo’s Ituri province, the launch of the research was marked by urgency rather than ceremony on Thursday. As ambulances continued

Nearly 60% of Hong Kong parents mistake deadly disease for a cold, survey finds

Nearly 60 per cent of Hong Kong parents mistakenly believe that invasive meningococcal disease is no different from a common cold, a survey has found, prompting doctors to urge greater public awareness of the potentially fatal infection ahead of the summer travel season. The warning follows a survey by the Hong Kong Early Childhood Educators Association of 300 parents and teachers. Parents scored an average of 3.84 out of 10 on their knowledge of the disease, compared with 4.8 for teachers. The.

Expansion: Uber is likely to stop expanding its food delivery service in Europe

Uber recently announced extensive expansion plans for its food delivery service. The planned takeover of Delivery Hero is now apparently causing unthinking.

Klingbeil's budget: More and more debt is strangling the federal government

Large loans for the Bundeswehr and investments shape the federal government's financial policy. This can't go on forever.

What is a good asset to invest if you believe a market correction is coming?

I strongly believe some sort of market correction will be happening between now and 2030, most probably triggered by the AI bubble popping, but the world geopolitics (and US politics where the largest chunk of the market depends on) are so unstable that it feels we are each day walking a tighter rope. I also received a bonus from work that I could put somewhere. But if I just do "WEBN and forget", or even if I dig into other ETFs, they will give about, idk, 5 to 10% that would get erased on a 50

Real estate: The luxury house market in Greece still offers entry opportunities

What was once a bargain market has become one of the most sought-after destinations for premium real estate in the Mediterranean. However, there are still favorable areas for buyers.

Killed head of state: funeral prayer for Khamenei held in Tehran

Around four months after his killing, Iran's head of state Ayatollah Ali Khamenei is to be buried with a major event. Is his son and successor appearing in public for the first time?

‘China shock 3.0’ is coming. And it’ll be AI-powered robots

The world’s attention is fixed on frontier artificial intelligence (AI) models, but China’s robot-making factories deserve just as much attention. Chinese e-commerce company JD.com has predicted that robots would ultimately replace its 700,000 delivery workers, while workers at South Korean carmaker Hyundai are threatening strike action over issues including the roll-out of robots. These are early signs of what could be China’s next export shock. The first “China shock” was from its low-cost...

Comment: Weidel's deceptive triumph

Alice Weidel leaves the AfD party conference as the clear winner. But her triumph has a downside that could be dangerous for her and the party.

NATO summit: Europe is arming, but Washington takes the biggest hit

Europe should buy more US weapons for NATO in order to make Donald Trump more merciful. But there are other plans in Brussels.

What account model do you have in your relationship?

Hello everyone, I recently talked to colleagues and they were very surprised at the account model we use. 3 accounts: - Main account where both salaries come in - everyone has their own account with play money. Many also have three accounts but everyone only pays the respective share into the joint account for rent, etc. I also have to say about our situation that neither of us brought a lot of financial resources into the relationship. Our motto for money: Something together

250 years of the USA: “We are doing better than ever before”: Trump talks for 37 minutes about America – but above all about himself

At the grand finale of the anniversary, the US President indulges in superlatives. But instead of emphasizing the unity of the nation, he uses the stage for frontal attacks on his political opponents.

Interview: “The future does not currently lie in Germany” – entrepreneur Frank Ferchau calls for labor law reforms

Companies avoid Germany and prefer to invest in Eastern Europe, says the chairman of the medium-sized company Ferchau. His solution: less state, more freedom – and personal responsibility.

EEG reform: Greens want to appoint rich people to committee

Important energy policy projects have still not been in the cabinet. Time is ticking, especially when it comes to reform.

Airline: Condor boss open to sale to Gulf airline

The German airline Condor is looking for new owners. Your boss can also imagine selling to Gulf airlines.

Chinese scientists’ horse-head discovery sheds light on ancient elite sacrificial traditions

From the ancient Aztecs’ efforts to appease the sun god to Apollo’s demands in the Iliad, human history is permeated with traditions of sacrifice, and China was no exception. In Zhejiang province, eastern China, scientists recently announced the discovery of a horse’s head sealed inside pottery at an ancient ritual site, dating back to the Eastern Zhou dynasty (770–256 BC). The Eastern Zhou dynasty encompassed both the Spring and Autumn Period (770–476 BC) and the Warring States Period (475–221.

Alliance in crisis: NATO summit with Trump: submission or clear edge?

Shortly before the NATO summit in Ankara, accusatory posts from Donald Trump are fueling concerns of a new scandal. Now the question arises as to which strategy can prevent the worst.