Finance news

Nvidia to boost its China robotics team amid emergence of physical AI

US chip giant Nvidia is ramping up a talent drive for its robotics team in China, a market whose vendors account for the lion’s share of global shipments. The Silicon Valley firm is recruiting for more than a dozen roles across Beijing, Shanghai and Shenzhen, according to a post on its official WeChat account on Monday. The positions span four key domains: embodied intelligence, simulation, implementation and solutions. Nvidia said its robotics team planned to build a “leading robotics platform.

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Asia’s Crude Imports Remain Well Below Pre-War Levels

Despite a slight recovery from May, Asia’s crude oil imports remain at multi-month lows in June amid constrained Middle Eastern flows and high prices for alternative supply. Asia’s crude oil imports in the three months before the Iran war started on February 28 averaged as much as 26.79 million barrels per day (bpd), according to estimates by Reuters columnist Clyde Russell. In contrast, the expected crude imports in June are at just 20.71 million bpd, per Kpler data cited by Russell. These woul

Football World Cup: Germany's last World Cup game in Adidas - and what comes next

Adidas is equipping most of the teams at this World Cup - including Germany, which was eliminated. And even a medium-sized company from the countryside was there for the first time.

Trump's massive defense budget, depleted war machine, spark U.S. state battle for business and jobs

Trump's huge defense budget request and a race to replenish weapons stocks while building hypersonic missiles lead to war between U.S. states for jobs.

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Federal Network Agency: More competition in long-distance transport - good for passengers?

Deutsche Bahn must make more space on the rails for competitors. The Federal Network Agency expects this to improve conditions for passengers. Is that so?

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Venezuela survivors pulled from rubble days after quakes

Almost a week after two devastating earthquakes struck Venezuela, survivors were still being found alive by rescuers that have come from abroad to help. Salvadorean rescuers reached a 44-year-old man trapped under the rubble of a shopping centre in the coastal city of Maiquetía in the early hours of Tuesday, El Salvador’s President Nayib Bukele wrote on the platform X. The man had been supplied with water through a tube while rescuers found a way to reach him safely. Workers from the Ecuadorian.

Guest commentary: Europe’s global technology leaders need a “German Deal for Innovation”

We produce first-class innovations, but the jump from start-up to scale-up often lacks capital. Stefan Wintels, CEO of the KfW banking group, explains what needs to change.

Money house: Deutsche Bank is withdrawing from Indian private customer business

The bank wants to simplify its business with the sale. However, Deutsche Bank plans to continue doing business with Indian companies.

Cooperative bank: Volksbank Brawo probably needs three-digit million aid from the support fund

The holdings of the ailing Volksbank Braunschweig could be overvalued by several million. The 2025 annual financial statements have been postponed again, but help has already been secured.

Semiconductor company: reshuffling in the head

Infineon shows how transformation works. The Munich-based company has made great money for many years as a chip supplier to German car manufacturers - and is benefiting from the AI super trend.

Car costs: Fuel prices rise significantly before the fuel discount ends

The tax reduction is valid until midnight. At lunchtime before, prices jump sharply. The differences between the gas stations are unusually large. In some cases there were queues to refuel.

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BörsenTag: Is there a risk of further Bitcoin sales? In Strategy there is a showdown

With the crypto crash, Strategy's former successful formula is coming under increasing pressure. Now the company is pulling the emergency brake.

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US lawmaker Ro Khanna defends calling witness ‘racist’ in explosive China committee clash

Ro Khanna, the ranking member of the US House Select Committee on China, has defended calling a witness “racist” during testimony last week over comments on Chinese-Americans who obtain US citizenship through birthright. The heated exchange took place during a June 25 hearing on economic espionage and subnational influence, where Khanna confronted Michael Lucci, founder of the Texas-based State Armor non-profit organisation, over a controversial social media post published in April. In the post,

◇ unclassifiedmiddle-east · usa

NextDecade Seeks to Raise $3.5B in Debt Instrument Sale for Rio Grande LNG

NextDecade is offering a series of senior secured notes with a total principal amount of $3.5 billion to fund the under-construction Rio Grande LNG project in Brownsville, Texas.

Does Gojek co-founder’s guilty verdict test Indonesia’s investor climate?

Indonesia’s former education minister Nadiem Makarim, one of the country’s best-known tech founders, has been sentenced to 10 years in prison after a Jakarta court found him guilty of abusing his authority in a corruption case linked to US$87 million in state losses. The verdict against the Gojek co-founder could unsettle business sentiment and dampen foreign investment appetite in Southeast Asia’s biggest economy, adding to concerns about legal certainty in cases involving government...

Sulaiman Ahmed predicting a stock market crash worse than 2008. Should covered ETF investors be worried?

https://www.youtube.com/live/rWN53Qu1Kq4?si=pvy0cV4OqIJlcPRy At the 34 minute mark. This was on his podcast with Larry Johnson. Guys, Im gonna be honest, all this talk of a crash is giving me severe anxiety. I have not really experienced a crash unless you count the 2020 market crash. I am mainly invested in covered call ETFs such as QDAY, BANK, PAYG. Like many others I am constantly hearing about incoming market crash, AI Bubble popping and its starting to get me worried like oh wait I dont eve

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Comment: Give the Telekom boss a chance

CEO Höttges wants to merge Telekom with its US subsidiary. A Handelsblatt report about the plans causes the share price to collapse. That's excessive.

Real estate in court: owner's decision for a heat pump fails

A homeowners' association allows the installation of a heat pump. But some information came late. An owner goes to court.

◇ unclassifiedchina · asia · germany

Putin superyacht ‘Graceful’ spotted on radar off Denmark

The Russian luxury yacht Graceful, said to be the personal vessel of Russian President Vladimir Putin, has appeared on radar for the first time in almost four years, Danish public broadcaster DR reported. According to data from Marinetraffic.com, the vessel sailed along the northern coast of Denmark on Monday. DR reported that from Sunday morning it had been accompanied by two Russian warships as well as alternately by the Danish navy and the German coastguard. “The armed forces routinely...

◇ unclassifiedgermany · europe · iran

Consumer prices: Falling oil prices and fuel discounts: Inflation falls significantly

The Iran war has fueled inflation in Germany, and consumers have felt this especially at the gas stations. Price pressure eased in June. But now the price-dampening fuel discount is expiring.

Hong Kong private sports clubs must pay land premiums or open doors as leases end

Hong Kong’s 15 private sports clubs must either pay one-third of their land premium, ranging from tens to hundreds of millions of dollars, or open their doors to the public when their leases expire at the end of the year, authorities have confirmed. The Culture, Sports and Tourism Bureau said on Tuesday that it has begun notifying the clubs and outlining lease renewal procedures, including premium payment requirements. The arrangement, first announced in 2019, ends the long-standing...

Federal Prosecutor's Office: Arrest warrant for suspected terrorist plans in Romania

Arson attacks, car bombs and right-wing graffiti: A man is said to have recruited young Romanians for a terrorist group. He is now in custody. What Germany's highest prosecutors are accusing him of.

◇ unclassifiedmiddle-east · usa · iran

India Plans to Cut Reliance on Middle East Oil

India's state oil refiners are planning to reduce their reliance on the Middle East following the supply shock of the Iran war, according to people familiar with the matter.

EU budget: Berlin wants drastic cuts in EU financial planning

The Chancellor sharply criticizes the planned EU financial framework. Berlin is demanding cuts of 400 billion euros.

Why the AI future won’t be decided by algorithms and chatbots

When people talk about the race for artificial intelligence, they usually focus on software. Headlines revolve around ChatGPT, Gemini, DeepSeek or the latest breakthrough model. Governments announce AI strategies and investors pour billions into start-ups promising to transform everything from medicine to education. Nonetheless, the most consequential battle in the AI age may not be over algorithms at all. It may be over the machines. Behind every chatbot response and AI-generated image lies a..

16d06/30⚠ shipping-routes · 2/5

Morgan Stanley Cuts Brent Forecast to $75 a Barrel

Morgan Stanley has slashed its oil price forecasts for the next 18 month as it expects the reopening of the Strait of Hormuz to accelerate a new supply glut. The return of oil supply from the Middle East, combined with high U.S. oil exports and still weak Chinese crude purchases, will bring the market full-circle to a new glut in the coming months, according to the bank’s analysts, who slashed their oil price projections for the second time in two weeks. Morgan Stanley now expects Dated Brent to

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+++ Iran War +++: US negotiators Witkoff and Kushner for talks in Doha – no meeting between Iran and the USA

Iran announces talks with Qatar about frozen funds +++ Israel's ambassador: Europe must help Lebanese government +++ Two members of the Revolutionary Guard killed +++ The news blog.

+++ Football World Cup 2026 +++: Criticism avalanche after Germany's World Cup exit: "Obviously it's the coach"

First resignation from the DFB team after the Paraguay bankruptcy +++ No DFB statement on Nagelsmann yet +++ Merz counters ridicule about his reaction after the German World Cup debacle +++ The news blog.

Asean hopes to tap Greater Bay Area’s tech skills with closer ties: industry chiefs

Asean countries are looking to deepen supply chain integration with the Greater Bay Area to tap expertise in the region’s advanced technologies and manufacturing, with Hong Kong also poised to benefit, industry leaders and officials have said. Panellists at the South China Morning Post’s GBA-Asean Summit 2026 highlighted artificial intelligence (AI) and green technology as key areas for cooperation, while stressing the importance of open data flows and shared digital standards. Tuesday’s summit.