Finance news

Anthropic launches AI drug discovery program, joining tech giants in betting on healthcare

Anthropic will start an internal drug discovery program, part of a new push to sell artificial intelligence tools to drugmakers.

China's Energy Future Runs on Coal and Solar

China will continue spending heavily on both coal and alternative energy, such as wind and solar, over the next five years, Beijing’s latest five-year plan revealed this month. The apparent paradox sees the world’s largest emitter by far continue to generate a solid portion of its energy from coal while also boosting the largest alternative energy capacity in the world. The thing is, it is not actually a paradox. Ever since the signing of the Paris Agreement in 2015, a host of countries have bee

Morgan Stanley Warns of Oil Glut

Morgan Stanley cut oil forecasts for the second time in about two weeks.

Blake Lively wants US$8 million from Justin Baldoni over It Ends With Us dispute

Blake Lively is seeking US$8 million in legal costs from actor and director Justin Baldoni after resolving their dispute over the acrimonious production of their 2024 film It Ends With Us. Lively’s lawyers disclosed the amount, covering nearly $7.5 million in lawyers’ fees from two law firms that represented her and about $500,000 in other expenses, in a court filing on Tuesday. Lively and Baldoni settled last month just before a trial was to start in federal court in Manhattan on Lively’s...

China shock 2.0: Tariffs won't save Europe's industry

The China shock 2.0 hits Germany's industry to the heart. Brussels and Berlin want to isolate themselves more. But are they really prepared for a trade war?

Monetary policy: ECB is apparently considering doubling minimum reserves for banks

According to insiders, the ECB is considering doubling the minimum reserves. This could reduce its interest expenses by billions of euros.

+++ Iran War +++: Iran – No further talks with USA before agreements are fulfilled

Netanyahu orders destruction of Hezbollah infrastructure +++ IS spying for Iran: US citizen arrested in Israel +++ Iran announces talks with Qatar about frozen funds +++ The news blog.

+++ Federal policy +++: Taxpayers' Association warns of Klingbeil's tax plans, according to the report

Warken welcomes the adoption of the EU legal act for critical medicines +++ Left-wing SPD MPs warn of cuts +++ BSW offers AfD selective cooperation +++ The news blog.

Former Chancellor in the museum: Merkel shines – portrait unveiled for the Chancellor Gallery

For several months, Angela Merkel repeatedly posed as a model for her official “state portrait” in a studio. It was an “unforgettable experience,” she said at the unveiling.

Ing Down

ING is completely down, no banking, no deposit and communication is non-existent. Who knows more than me? I just wanted to transfer money to someone, but nothing works submitted by /u/Traditional-Result74 [link] [comments]

Social Security gender gap means women receive about $4,800 less in annual benefits. What to know before claiming

Women tend to earn less and spend more time outside of the work force, which may reduce their Social Security benefits. Here's what to consider before claiming.

Tobyhanna Depot boosts drone component production with new assembly lines

Ahead of the Army’s upcoming advanced manufacturing strategy, leaders within the Army’s organic industrial base revealed new details on how they are scaling production of drone components as part of the Drone Dominance initiative.

Former Chancellor in the museum: Merkel shines: portrait unveiled for the Chancellor Gallery

For several months, Angela Merkel repeatedly posed as a model for her official “state portrait” in a studio in Berlin-Mitte. It was an “unforgettable experience,” she said at the unveiling.

Nigeria Unveils World-Class Critical Minerals Discovery

Nigeria has announced the discovery of a world-class, polymetallic deposit in Kaduna State, with government experts saying it’s one of the country's most important critical minerals discoveries in recent years. Located around the pegmatite region of Gidan Waya in the Jema'a Local Government Area, the deposit contains nickel, copper, gold, platinum group metals and rare earth elements. The discovery was made by Steron Mining, with the Nigerian Geological Survey Agency (NGSA) confirming the find.

Macron warns against restarting death penalty debate as executions rise around the world

French President Emmanuel Macron warned on Tuesday against a renewed debate in favour of the death penalty and said he was appalled by the rising number of executions around the world. Addressing the ninth World Congress Against the Death Penalty in Paris, Macron said opposition to capital punishment is needed “because today this debate is resurfacing in our societies. Because today many in our societies once again believe that the death penalty is a solution, amid a confusion of principles and.

Stock markets: DAX closes clearly in the black – just missing 25,000 points

Investors can hope for larger price gains again in July. The winners of the day were a chip company and a construction company.

The Oil Benchmark Named Brent Is Losing Its Brent

The world's most important oil benchmark is about to experience an identity crisis. For the first time since records began, no Brent crude cargoes are scheduled to load in August, according to Reuters calculations based on loading programs and LSEG data. In other words, the benchmark that gives Brent crude its name is slowly disappearing. That's not because Brent is losing relevance. Quite the opposite. Brent still underpins pricing for more than 60% of internationally traded crude. The problem

Free trade: Wadephul wants to quickly deepen partnership with Mercosur countries

The trade deal between the EU and large countries in South America is intended to set an example for trade. But full implementation is still pending.

Drones, fighters, armored vehicles: Highlights from the UK’s Defence Investment Plan

Beyond top line spending, one of the leading takeaways from the DIP is the clear push to acquire and field autonomous systems, underpinned by a £5 billion investment in the technology, which includes plans for a “hybrid navy.”

Reforms: Will nature conservation become a brake?

Environment Minister Carsten Schneider is fighting for equal status between green and gray infrastructure. But in the negotiations with the Union, his plans were significantly weakened.

Cybersecurity: Hackers successful in attack on TKMS defense company

A subsidiary of ThyssenKrupp Marine Systems has been the target of a cyber attack. Hackers are said to have secured internal data. Is the company now being blackmailed?

Donald Trump: “His presidency is falling apart” – Is now the hour for the Democrats?

In the midterm elections in November, Americans could reckon with their president's policies and punish the Republicans. It is these key figures of the Democats that matter.

Japan, UK and Italy to extend next-gen fighter jet contract through 2027

Japan backs SoftBank-led AI models with up to $6.2bn in chasing US, China

Activist investors reap paltry returns from Japanese stockholdings

US tariff refunds set to boost Japan Inc. profits by up to $3bn

UK investors sue Binance and founder Zhao Changpeng for US$200 million

Almost 1,700 British ⁠investors are suing ⁠Binance and founder ⁠Zhao Changpeng for at least £150 million (US$200 million), alleging the crypto trading platform sold them risky, complex derivative products without regulatory authorisation. The claimants, some ‌of whom said they had lost tens of thousands of pounds, allege Binance entities knowingly sold investments such as leveraged products, which can amplify gains or losses, from late 2019 and promoted ⁠them in breach of the Financial Services.

In a first, Trump will travel aboard Qatari-donated Air Force One

Trump will travel to North Dakota on Wednesday for the aircraft's inaugural presidential use over a week after its commissioning flights began.

American Airlines brings grab-and-go lounge to New York's JFK

American Airlines is opening a grab-and-go lounge at New York's JFK

Russian Refinery Disruptions Ripple Across Central Asian Fuel Markets

The disruptions to Russia's energy sector due to its war with Ukraine are having a ripple effect in Central Asia, with fuel prices rising across the region and governments scrambling to find alternative sources to meet demand. Officials have sought to reassure consumers that supplies will be sufficient and that prices will eventually come down once global disruptions stabilize. Daniyar Amangeldiev, the first deputy prime minister of Kyrgyzstan, told reporters that rising fuel prices are unavoida