Finance news

Antitrust fine: ECJ confirms record competition fine for Google

The Internet giant Google is suing against an antitrust fine from the EU worth several billion euros. Now the highest European court is making a decision.

Income tax: One percent less for those below, 49.585 percent for those above

The relief of ten billion euros that has now been decided is largely constitutionally required. However, large family businesses are put under greater strain. A comment.

Petronas Makes New Discoveries offshore Suriname

Malaysia's national oil and gas company said it has now drilled 8 successful wells with combined recoverable resources of over 1 billion barrels of oil equivalent in the South American country.

China food-security risks worsen as extreme weather becomes more common

China’s Politburo called for “forceful” countermeasures against floods and droughts as El Nino effects exacerbate the impact of extreme weather events in the country. Local authorities should strengthen flood controls on major rivers, improve rescue capabilities and bolster management of water sources, the top decision-making body said after a monthly meeting on Tuesday chaired by President Xi Jinping. Other steps include greater protection for agricultural infrastructure, according to...

China faces policy test as subsidy pullback hits auto, appliance sales

Japan's Dentsu to take subsidiary private

Chinese automakers overtake Japanese rivals in Europe despite EV tariffs

AI's big questions for humanity and Japan's startup mojo

Which of you celebrated your child's birthday here?

submitted by /u/Busy_Ad_7667 [link] [comments]

Warsh’s throwaway comment injects life into the debasement trade, for one day at least

As much as new Fed Chair Kevin Warsh tried to refrain from steering markets, it looks like he did.

AI Boom Drives Record Surge in Battery Demand

Battery demand has soared in recent months as developers of data centers and AI computing are increasingly relying on battery energy storage to manage power surges, executives at battery start-ups have told the Financial Times. For example, U.S.-based sodium-ion battery start-up Alsym Energy, backed by investments from India’s Tata Group, has seen demand surge this year, as developers want energy storage to support their operations at times of extreme power fluctuations. “Battery has become an e

+++ Iran War +++: Iran's military threatens ships if they deviate from set routes

USA and Iran end talks +++ Qatar: Further talks as soon as possible +++ Iran warns USA and Israel of attacks during funeral service for Khamenei +++ The news blog.

Postbank: More money for Postbank employees – strike avoided

The collective bargaining agreement at Postbank is in place: around 7,500 employees are to receive more money in two stages. The contract should be valid for 28 months.

Tamera Mowry lists Bay Area house for $2.7 million as she prepares to build Napa Valley ‘dream home’

“Sister, Sister” star Tamera Mowry-Housley has listed her longtime California house for $2.7 million—months after revealing that she and her husband are in the process of building a new home in Napa Valley.

Hong Kong retail sales grow 7.9% in May, extending winning streak to 13 months

Hong Kong’s retail sales in May rose 7.9 per cent year on year, extending the streak of growth to 13 months, with the sector benefiting from an increase in visitor numbers amid mainland China’s Labour Day “golden week” holiday. The value of retail sales for the month reached HK$33.8 billion (US$4.3 billion), according to provisional figures released by the Census and Statistics Department on Thursday, compared with HK$31.3 billion in May 2025. Retail sales for the first five months of the year..

Ranking 2026: Underestimated risks in everyday business life: These are the best business liability insurance policies

Whether it's a restaurant or a construction company, a small mistake can mean claims worth millions in damages. What companies should pay attention to when it comes to insurance coverage.

China can help Ukraine recover from war and advance industry, ambassador says

China can provide “all-round” support for Ukraine’s post-war industrial recovery, Beijing’s envoy to Kyiv said while reaffirming his country’s commitment to pushing for a ceasefire and a political settlement for a conflict in its fifth year. The remarks were made by China’s ambassador to Ukraine, Ma Shengkun, in an article published by the Interfax-Ukraine news agency on Tuesday, marking the 15th anniversary of the start of the China-Ukraine strategic partnership. Ma said China’s history of...

Federal Government: Coalition reform package – These are the most important points

The coalition leaders agreed on new reforms more quickly than previously expected. The Union and the SPD want to implement reforms, especially in the areas of taxes and the labor market.

After eight years, Google loses final appeal against $4.7 billion European Union fine

The Court of Justice of the European Union ruled to uphold its fine against Google over alleged anti-competition practices

Alliance: Professional tools from Stihl and Kärcher will work with a battery in the future

The Swabian medium-sized companies Stihl and Kärcher want to use the same battery for their devices in the future. The plan is not new – Bosch and Metabo also have battery alliances.

Ranking 2026: If operations suddenly come to a standstill: These are the best commercial content insurance policies

A fire in the restaurant kitchen or stolen tools on the construction site: it is often not the material damage that threatens the existence of a company, but the resulting loss of sales.

Reform: Government plans massive expansion of secret service powers

The Office for the Protection of the Constitution and the Federal Intelligence Service should in future have more options to ward off cyber attacks. The use of state trojans will also be reregulated.

Apps & Tips: Refueling after the fuel discount: What helps you save now

Prices at the pump have gone up and the holiday season has begun. How to drive as cheaply as possible now? Why not every detour makes sense and how you can reduce fuel consumption.

Armament: Drone specialist Quantum Systems raises more than a billion euros

The start-up is now valued at more than seven billion dollars. Within a year, it increased its value sevenfold. CEO Florian Seibel reveals the further goals.

CMA CGM: “Stop putting all your eggs in one basket” – these are the lessons a major shipping company has learned from the Hormuz crisis

The head of the third largest shipping company in the world explains how container shipping is looking for new routes after the Iran war and what the takeover of Fedex warehouse logistics in the USA has to do with this.

Cybersecurity: How open source programs improve corporate security

Open source applications make companies independent of large tech companies. Instead of expensive licenses, the money can then flow into in-house programming and security skills.

Federal Government: A bit of a departure. After 423 long days

Friedrich Merz has long believed that a change of chancellor alone would bring about change. Far from it. But now his government is working. A comment.

Tax return: For whom the 2026 tax return is mandatory

In Germany, more and more people are filing tax returns. In 2025, more than 53 million declarations were sent electronically to the tax office alone. Who is obliged to do this?

OpenAI reportedly considers handing 5% stake to the government. Here’s why the AI lab would consider that move.

Bringing the government on board as an equity partner may serve to dilute some of the criticism of the AI industry that has developed momentum in recent months.

Inside CXMT’s US$4.3b IPO: soaring profits meet US export threat and high-stakes HBM race

As China’s leading DRAM maker ChangXin Memory Technologies (CXMT) prepares for its expected 29.5 billion yuan (US$4.3 billion) Shanghai Star Market listing, the critical question facing investors is whether the firm can convert its cyclical windfall into permanent industry leadership. The Hefei-based chipmaker enters the market at a uniquely lucrative moment: a global memory shortage driven by surging artificial intelligence computing demand has triggered a massive upcycle in pricing, delivering