Finance news

Economy: German inflation rate surprisingly falls to 2.3 percent in June

The price of oil is falling and the fuel discount is having an effect: inflation is falling. But the value remains comparatively high.

Takaichi visits India, Makarim verdict, South Korea megaprojects

Japan and India to take step toward direct yen-rupee settlements

Financial institution: Barclays buys London headquarters for almost 900 million euros

The British bank's lease actually expires in 2039. Barclays has now purchased the office complex that has been its global headquarters since 2005.

China’s Politburo orders rapid-response overhaul in the face of floods and extreme heat

China’s top leadership has warned of the dangers of extreme weather and urged advances in forecast accuracy, rapid emergency rescue and local capabilities for disaster relief in its first meeting for the year on flood and drought prevention, according to state media. The meeting, held in Beijing on Tuesday by the Politburo, was chaired by Chinese President Xi Jinping. The Politburo urged local governments to take “forceful” measures against drought, flooding and typhoons, to “always put the...

Transport transition: charging in record time: Shell presents electric concept car

Shell has developed a battery concept that can charge an electric car in less than ten minutes. A special coolant prevents the battery from overheating. The energy company wants to lower the barriers to entry for electric vehicles.

Congo: Number of Ebola infected people rises to more than 1,300

To prevent the spread of the disease, the government in Congo has banned public gatherings in four provinces, including the capital Kinshasa. According to the government, 377 people have died from Ebola since the outbreak began.

Football World Cup: German men's national team is eliminated against Paraguay

The German men's national soccer team was eliminated from the World Cup after a penalty shootout in the first knockout game on Tuesday night. It was the first defeat in a penalty shootout in German World Cup history.

Small-cap stocks enjoy their best first half in 35 years. Here's what's driving it

The advance marks a sharp turnaround after years of underperformance versus large-cap peers.

Monetary policy: Fuel discount causes inflation to fall to 2.3 percent

The discount at German gas stations is entering its final hours. Prices are already rising in many places. But there are also hopeful signs for consumers.

Lack of innovative strength: out of substance

The fact that Volkswagen and Bosch are not making any progress in autonomous driving speaks volumes about the innovative strength at the location. This makes decisive countermeasures all the more important.

20 stocks in the S&P 500 that plunged the most in 2026’s first half

These companies were hit hard as investors worried about eventual losses of market share to AI tools.

Iran War: No US-Iran meeting in Doha - Dispute over the Strait of Hormuz

Recent attacks between the US and Iran are fueling fears of a new start to the war. Representatives from the USA are now traveling to Qatar - but there is no meeting with the Iranian side.

Monaco: Explosion in Monaco – reports of an attack on Ukrainian oligarchs

In the principality, it exploded in front of a residential building, seriously injuring several people. Is a Ukrainian oligarch among the victims?

Get ready for the summer rally, Wells Fargo tells investors

Recent volatility in equities was probably caused by quarter-end rebalancing, while future volatility may develop as midterm elections approach in November. Between times, though, stocks look set to flourish, argues Wells Fargo.

The big surprise for the year’s second half could be the AI trade powering higher. Why it wouldn’t take much.

HSBC strategists say persistent scrutiny of the artificial-intelligence trade could be met with surprise this year, if valuations of those stocks start to climb again.

China reacts to Guo Wengui’s 30-year US prison sentence, highlighting fugitive status

China’s foreign ministry on Tuesday said it had noted the 30-year prison sentence given to self-exiled Chinese businessman Guo Wengui, who was convicted in a US court for orchestrating a fraud scheme that bilked his followers out of more than US$1 billion. “Guo Wengui is a fugitive wanted under an Interpol red notice issued at the request of the Chinese government, and we have noted the relevant reports,” ministry spokesman Guo Jiakun said on Tuesday. The billionaire businessman, also known as..

New Asean Chamber of Commerce launched in Hong Kong will ‘fulfil long-felt need’

Setting up a new regional chamber of commerce will “fulfil a long-felt need” to bridge the gap between the Greater Bay Area and Asean, with Hong Kong acting as a “natural connector”, the business group’s inaugural chairman has said. But given existing agreements and bilateral relations between the city and individual member states of the Association of Southeast Asian Nations, analysts said the economic benefits introduced by the new chamber were likely to be more modest than dramatic. The Asean

Who Is the World's Biggest Oil Producer?

Rigzone examines the Energy Institute's latest statistical review of world energy report, which was released recently.

Extreme weather in Europe: WHO: Heat wave is a dress rehearsal for future summers

Europe groaned under extreme heat for days. This is just the beginning, warns the World Health Organization: the coming summers will be even harder - and many countries are not prepared for them.

Iraq’s 14 million barrels of trapped oil travels through Strait of Hormuz

Iraqi oil stranded by the Middle East conflict has escaped the Persian Gulf over the past ten days as transit via the Strait of Hormuz eased during an uneasy US-Iran ceasefire. Vessels carrying about 14 million barrels of Iraqi oil exited the Gulf in the latter part of June and are now carrying crude to buyers in Asia, Europe and the US, according to tanker tracking data compiled by Bloomberg. That is the equivalent of about 1.4 million barrels a day over the 10-day period. All cargoes loaded...

Federal Network Agency: Railways must create more space for competitors

The Federal Network Agency is intervening in the long-distance transport market: Deutsche Bahn will have to make more space for competitors on lucrative routes in the future. The railway sees offers in the area threatened.

Oil prices set for steep monthly drop as Trump, Iran issue mixed messages on talks in Qatar

The moves come as oil traders monitor the prospect of U.S.-Iran talks in Doha on Tuesday.

Medicare will start covering obesity drugs for the first time. Here's what patients should know

The move could unlock millions of new patients for Novo Nordisk and Eli Lilly and expand access to medications that were previously out of reach for seniors.

The 20 best-performing stocks in the S&P 500 for the first half of 2026

All of these stocks have soared by triple digits during the first half of 2026.

Labor market: 15,000 unemployed from industry every month

The labor market statistics don't look good in June either. Many comparatively “expensive” unemployed people come from industry - a financial problem for the Federal Employment Agency.

China-Canada trade thaw falters as Beijing levies penalties for dumping pea starch

Beijing has issued a preliminary verdict finding that pea-starch products imported from Canada were dumped in China, following Ottawa’s anti-dumping investigation into Chinese-made steel racks. “Relevant authorities have made a preliminary determination that imported pea-starch products originating in Canada have been dumped,” the Ministry of Commerce said in a statement on Tuesday. “The dumping acts have caused material damage to the domestic pea-starch industry.” Starting on Wednesday,...

Asian Refiners Redirect Middle East Crude to the U.S. as Hormuz Flows Recover

Some Asian refiners have recently offered Middle Eastern cargoes to the U.S. West Coast as supply from the Persian Gulf rises with the reopening of the Strait of Hormuz, while Asian buyers are well-supplied for the next two months. Refiners in Asia have spent the better part of the past four months scrambling to procure crude for the summer from producers outside the Middle East. Buyers now have enough non-Middle Eastern crude lined up to arrive over the next two months, meaning that spot purcha

Competition: Federal Network Agency wants to make market access easier for rail rival Italo

In the future, Deutsche Bahn will not be allowed to use more than 60 to 75 percent of the capacity on highly frequented routes. The railway and the union express concerns.

+++ Ukraine War +++: Ukraine attacks satellite communications near Moscow

EU pays Ukraine billions for drone procurement +++ Russia wants to import fuel due to bottlenecks +++ Ten dead in Russian attacks +++ The news blog.