Finance news

Pharma: In wave of lawsuits: Bayer spins off US glyphosate business

After a court victory and a billion-dollar settlement, Bayer is outsourcing its US glyphosate business. What is behind the new company Ruveon?

Meta says WhatsApp usernames are safeguarded against scams after India flags cybersecurity risks

Meta has defended its WhatsApp username feature after the Indian government raised cybersecurity concerns.

Labor market: Skilled labor shortage: Better integration could unlock great potential

A new study shows: 17 percent of employees do not have a German passport. If they were better integrated, it would alleviate three problems.

Technology company: Alibaba settles US legal dispute

US authorities accuse the Chinese company of selling illegal products. The legal dispute is now to be settled with a payment of $600 million.

Gaza marks 1,000 days of war. Palestinians there face an uncertain future

It’s the 1000th day of war since a Hamas-led attack on Israel that sparked the war in Gaza. Other conflicts have emerged in the region, and fragile ceasefires show scars of persistent attacks. Both Israelis and Palestinians are weary of the strain. The fate of over 2 million Palestinians in Gaza, largely displaced and living amid ruins, remains uncertain. Israeli forces controlled over half of the territory under the ceasefire that took effect on October 10, but Israel’s government has expanded.

Hewlett Packard Enterprise: “You can’t stop the AI ​​innovation curve”

Traditional technology companies are also growing through artificial intelligence. HPE boss Antonio Neri explains why people shouldn't be afraid of AI - but he's still worried about AI's effects on his children.

Schuler: Andritz is cutting 500 more jobs at its German subsidiary

The Austrian mechanical and plant manufacturer is suffering from the weakness of the automotive industry. That is why more jobs are now to be cut in Germany. Another business is booming.

What Philippine president’s visit reveals about Canada’s Indo-Pacific ambitions

Philippine President Ferdinand Marcos Jnr’s trip to Canada highlights deepening ties at a time when Ottawa is seeking to court middle powers and establish its presence in the Indo-Pacific. Marcos is in the Canadian capital for a four-day visit that started on Wednesday, where he is set to meet Prime Minister Mark Carney in an effort to strengthen cooperation on trade, labour, energy and tourism, and enhance defence and maritime ties. He is also slated to meet Canadian business leaders and...

Apple to launch 5 new iPhone models to gain market share amid memory crunch

Takeda and Insilico strike AI-led drug discovery deal worth up to $600m

Books: Is Japan a maritime great power?

Hong Kong's John Lee tightens embrace of Xi in pivotal year for himself

Artificial intelligence: The USA apparently wants to regulate the publication of new AI models

In order to avoid abuse by other countries, the US government is apparently planning to regulate new AI models using voluntary standards.

Pharmaceutical and agricultural companies: Bayer consolidates US glyphosate business amid wave of lawsuits

Bayer is spinning off its US business with the controversial weed killer glyphosate into its own subsidiary. The new unit is intended to react more agilely to the market and lawsuits.

Iran Exports Crude at 20% Premium Even as Unsold Barrels Pile Up at Sea

Crude oil in floating storage off the Iranian coast is on the rise amid reluctance among buyers, Bloomberg reported today, citing data from Vortexa and its own calculations, suggesting some 58 million barrels are sitting on tankers. More than 90% of those barrels had no clear destination, Bloomberg said in its report, adding that the tankers were "indicating "for orders" or Singapore as their next port of call, a sign they may conduct ship-to-ship transfers in the Malacca Strait." Interestingly,

Ferrari owner sues ‘unapologetic’ Chinese parents whose kids scratched $530,000 supercar

A Ferrari owner in southwest China is considering legal action after some children used his supercar as a slide, damaging it while their parents remained unapologetic. Zhang, from Kunming in Yunnan province, recently parked his red Ferrari, valued at 3.6 million yuan (US$530,000), in an outdoor space before leaving on a business trip. While he was away, a neighbour told him four boys had climbed onto the vehicle and repeatedly used it as a slide. Surveillance footage showed the children...

New technologies power China’s Tesla challengers to monthly sales records

Chinese Tesla challengers Leapmotor and Zeekr, banking on their latest battery and self-driving technologies, bucked a downward trend in domestic electric vehicle sales with record deliveries last month, ratcheting up pressure on the US carmaker amid weak consumer sentiment towards big-ticket items. Stellantis-backed Leapmotor delivered 93,376 electric vehicles (EVs) last month, up 94.5 per cent year on year, as it rewrote its sales record for a second consecutive month. Zeekr, a premium EV unit

Private markets: Credit fund manager Hayfin raises over 15 billion euros

The British asset manager achieved one of the largest fundraisings in the history of Europe - despite the turbulence on the US market. The company relies on conservative fund structures.

A year of momentum: why Lingnan University’s rise matters beyond the rankings

[The content of this article has been produced by our advertising partner.] When Canton Tower lit up on 1 July to celebrate Lingnan University’s achievement as the world’s top university for SDG 4: Quality Education in the Times Higher Education (THE) Sustainability Impact Ratings 2026, the display marked more than a single accolade. Coinciding with the 29th anniversary of the establishment of the Hong Kong SAR, it also reflected a broader story about the changing landscape of higher education..

No more warnings for litterbugs as Malaysia’s Penang deploys bodycams

Malaysia’s heritage state of Penang has begun using body camera footage to prosecute litterbugs, widening a national clean-up drive that could see offenders fined or ordered by a court to carry out community service. The tougher enforcement, which took effect on Wednesday after a six-month grace period, gives patrol teams from the Penang Island City Council and Seberang Perai City Council powers to record offences at public hotspots across one of Malaysia’s best-known tourist states. Penang...

DAX group: Bayer spins off US glyphosate business into a new company

The independent subsidiary Ruveon is taking over the controversial weed killer business in the USA. This also has to do with the wave of lawsuits there.

Comment: Official trick gives train drivers hope

The Federal Network Agency avoids legal hurdles and cleverly puts DB under pressure. Anyone who looks at the numbers from the new long-haul providers cannot help but be amazed.

+++ Ukraine War +++: Eight dead in Russian air raid on Kyiv

Drones attack Kiev - fire in the city center +++ More than 50 attacks on Russian energy facilities since March +++ Russian losses are rising faster than those of the Ukrainians +++ The news blog.

Beijing’s liaison office in Hong Kong restructured, stressing youth, district work

Beijing’s liaison office in Hong Kong has been restructured, with the economic department split into two and its district-level groups expanded, a move that an analyst said reflected the central government’s greater focus on financial, youth, and district work. A comparison of the office’s organisational chart on its website on Thursday with internet archive records showed that the number of departments had been reduced from 24 to 23, even as its Economic Department was split into two entities,.

Armament: Tank manufacturer KNDS postpones IPO

Defense stocks are under pressure on the stock markets. The German-French company is reacting to this and postponing its planned IPO.

Russia launches massive strike on Ukraine as Poland scrambles jets, Finland restricts airspace

The Russian defence ministry said that it launched a "massive strike using long-range precision air, land, and sea-based weapons and attack drones."

OpenAI proposes 5% stake to Trump administration to ease Washington pressure: report

Trump said in June that the U.S. taking an ownership stake in AI giants would be "a beautiful thing" and make American public "partners in this revolution."

World Cup and Volkswagen: We're not done

Volkswagen, reforms, World Cup cancellation: the rise and fall of football and the economy are often interpreted in sync. That was always nonsense. We overload the decline narratives. A comment.

Alliance defense: US General Donahue resigns – NATO “stronger than ever”

General Donahue, commander of the US Army in Europe and Africa, is leaving his post in Wiesbaden early. He leaves with words of appreciation for the European allies.

E-car manufacturer: Tesla recorded a significant increase in registrations in Europe in June

Tesla reports a sharp increase in new registrations in June. The numbers are fueling hopes of a recovery after the recent slump in sales.