Finance news

European stocks are poised to outdo their American peers. These catalysts explain why.

JPMorgan raises its year-end target for European stocks again. Panmure warns that high valuations imply negative returns for the U.S. in the next decade.

Artificial intelligence: Mega investments in trillions: South Korea is strengthening the chip industry

South Korea's chipmakers dominate the AI ​​memory chip market. Industry and the government want to secure their position of power and are presenting an investment program.

Stade: According to police, five people died in shootings in Stade - others were injured

Five dead, several injured: A violent crime rocks a youth welfare facility in Stade. According to police, two suspects were arrested - including the shooter.

Poland signs $4.8 billion contract for Saab-made A26 submarines

“It is a very large and long-term deal — it will make the Polish Navy one of the strongest in all of NATO. A strong Polish submarine force strengthens security in our shared Baltic Sea and across the alliance,” the Swedish Prime Minister Ulf Kristersson said on X.

China says desert moss suited to Mars as it tests hi-tech tools for space and astronauts

China has hopes for a desert moss that it says could colonise Mars following a revival experiment inside a mini space laboratory that showed it was remarkably resilient, state broadcaster CCTV said on Monday. The plant, a highly drought-resistant species called Syntrichia caninervis, was revived after it was subjected to a series of extreme space conditions – including microgravity, intense radiation and severe dehydration – according to the report. Chinese scientists had previously established.

Pakistan LNG Seeks Emergency Cargo After Weekend Hormuz Flare-Up

Pakistan’s state LNG importer is urgently seeking to procure an LNG cargo for delivery this week, with offers due on June 29, as traffic through the Strait of Hormuz remains volatile amid persistent threats to tankers and reignited U.S.-Iran tensions. Pakistan LNG, the state-owned firm, has issued an “urgent request” for LNG cargo delivery between June 30 and July 4, per a tender document cited by Bloomberg. The Pakistani dependence on Middle Eastern LNG created a major gas supply and power cris

Eldorado Drilling Seals Vantage Acquisition

'The combination brings together Eldorado's Atlantic Zonda with Vantage's asset base, strong operating capabilities, global footprint, and proven track record managing high specification drilling assets'.

Packaging manufacturer: High depreciation pushes Gerresheimer deep into the red

Gerresheimer slipped deep into the red last year. How the company is doing.

Rally into July 44th and July 17th, Q3 20% market correction, October melt up.

The guy who runs the best-performing portfolio on Substack posted on June 7 that a 20% stock market correction is imminent due to the yen carry trade playing out. He also called the Iran/US peace agreement (MOU) that weekend before it happened, along with an SPX range through July OPEX. So far, it has played out exactly as outlined. Then, this week, he reiterated the correction call, citing the SMH weekly close, and expects the market to rally into the July 4 weekend and July OPEX before the cor

Any people here who started investing in their 30s on a lower than average salary

Hi, I'm a 33 yo female ​ I bought a small flat a few years ago so was savings for that but feel very daft for not having started investing sooner. I earn 30 000 per annum and got a part time gig on top of that I'm still ramping up my cash savings and currently have 1000£ invested In ftse all World, Acc. + a few hundred £££ in Rolce Royce Next month I will finally be amble to invest bigger chunks so quite excited about that. Is there anyone else who started late and is feeling behind? I've put in

China: Swiss train and Habsburg baroque: A visit to Huawei's strictly shielded tech fortress

Half theme park, half high-security laboratory: founder Ren continues to build his own world in Shanghai. The new research campus is intended to make Huawei independent of the West.

Thuy-Ngan Trinh: After the AfD scandal among family business owners, this woman wants a new association for medium-sized businesses

Because the Association of Family Businesses wanted to remove the firewall to the AfD, Thuy-Ngan Trinh founded the association “The Medium-Sized Enterprises”. What is she up to?

Tesla: Raging giga employees: company fleet boss complains about 100 parking tickets per month

The employees at the German site of Elon Musk's Tesla factory are apparently often in a hurry. At a company meeting, a manager appeals to her reason.

Digital violence: EU ban on sexualized deepfake AI gets the green light

Bikini pictures on X or fake nude pictures of stars: Sexualized deepfakes have already caused a lot of damage. The EU now wants to ban not just the act, but also the tool.

Ukraine war: Putin admits fuel supply problems

The Russian president admitted over the weekend that fuel supply problems had caused shortages across the country. The background was Ukrainian attacks on oil refineries.

Is the Chinese dream replacing the American dream?

For much of the 20th century, the “American dream” was perhaps the most successful export in human history. It reached far beyond American borders. Millions of people around the world, including generations of Chinese families, believed in its promise. Study hard. Work hard. Build a career. Buy a home. Raise a family. Create a better life than the previous generation. The dream was never about becoming rich. It was about becoming comfortably middle class. For decades, that vision helped define..

Public finances: Klingbeil can close billions in gaps in the budget

The government's draft budget is to be approved next Monday. There is now a concept for closing the 21 billion euro gap.

Auto industry: VW answers works council, but no figures on job cuts

According to the media, there will be up to 100,000 jobs - but VW has not yet commented on specific figures. According to its own statements, the works council has not yet received any clear answers.

Real Estate: More for modular construction

Construction Minister Verena Hubertz is offering a funding bonus for serial construction. Does this help housing construction?

Artificial intelligence: Big expectations, small budgets – medium-sized companies are hesitant about AI

AI is considered a future technology in medium-sized businesses, but investments remain low. A study shows where the reluctance comes from.

Climate: Economists on the heat wave – new risk for the economy

Economists see the heat wave as a growing risk for Germany's economy. The risks range from production downtimes to higher energy costs.

78 arrested as Hong Kong police bust HK$5 million online shopping scams

Hong Kong police have arrested 78 people in a citywide crackdown on online shopping fraud, solving 165 cases involving more than HK$5 million (US$637,565) in losses, including one victim who was cheated out of HK$1.2 million while seeking cheaper medicine. Officers arrested 59 men and 19 women aged between 15 and 73 during the operation code-named “Blacksword”, which ran from June 15 to 26. Of them, 69 were suspected holders of mule accounts used to transfer or process illicit proceeds, with the

Book “The Score”: Being smarter than the metrics

Leaderboards and point systems everywhere: The philosopher Christopher Thi Nguyen makes it clear that we can hardly escape the predetermined processes in everyday life. Although his book doesn't show a way out, it does offer food for thought that is encouraging.

Israel’s Smart Shooter sees c-UAS demand grow across US military: Exec

Smart Shooter VP Scott Thompson told Breaking Defense that the evolving threat of small drones has sparked high demand for kinetic solutions.

Heatwave grips Eastern Europe after Germany weather breaks records

The deadly heatwave that’s set temperature records across western Europe for more than a week has shifted east to scorch Hungary, Romania and the Balkans. Hungary’s Budapest is expected to top 40 degrees Celsius (104F) on Tuesday, according to models from the European Centre for Medium-Range Weather Forecasts. Belgrade in Serbia and Bucharest in Romania will reach 38 degrees and 37 degrees, respectively, on Monday. Red warnings for extreme heat have been issued in Poland, Hungary, Romania,...

Climate neutrality: At the energy transition fair

The debates about the energy transition are relentless. In the end, almost everyone wants the same thing. If you want to reach your destination, you have to do it like visiting family at the fair.

2 PLA navy ships to visit Hong Kong for 5-day port call

Two People’s Liberation Army (PLA) naval vessels are set to visit Hong Kong for a five-day port call from July 2, during which residents will be able to board them and take part in cultural exchange activities. China’s Ministry of National Defence said on Monday that a PLA naval task group would visit Hong Kong waters from Thursday to next Monday to mark the 29th anniversary of the city’s return to Chinese sovereignty. The guided-missile destroyer Nanning and the guided-missile frigate Hengyang.

Israel sells Spyder air defense systems to Romania for $2.3 billion

According to manufacturer Rafael, it's the largest contract in its history.

Takaichi and Modi to agree on supporting ammonia production

Stade: According to police, five people died in shootings in Stade

In Stade near Hamburg, at least one suspect shot several people. A suspect was arrested, police said.