Finance news

This imminent SpaceX development could make the stock even more volatile

SpaceX is set to be added to the Russell 1000 after Friday’s close, and it could join other major indexes in the days ahead.

◇ unclassifiedmiddle-east · russia · usa

Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit

European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just hours after Iraq warned it could leave OPEC unless the producer group grants the country a higher production quota. According to Iraqi sources cited by Shafaq News, the discussions will focus on expanding cooperation across Iraq's oil, gas and electricity sectors. Planned talks include projects to capture associated gas, increase power generation, expand energy storage capacity a

20d06/26⚠ war-conflict · 1/5

China's Xi pledges to establish security partnership with Cambodia

submitted by /u/telephonecompany [link] [comments]

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◇ unclassifiedgermany · europe · usa

+++ Football World Cup 2026 +++: Götze video and ambiguous advertising banner: Nike teases new DFB jersey

Three possible DFB opponents in the first knockout round +++ Players revolt against Uruguay's coach Bielsa +++ Trump confidant: USA is considering another World Cup application +++ The news blog.

Inclusive tourism: Tyrolean Alps: New wheelchair-accessible hiking routes

Experience nature despite impairment: barrier-free hiking trails make it possible. Also in the Alps - for example on seven wheelchair-accessible paths in the Tyrolean Seefeld region.

◇ unclassifiedgermany · europe · usa

Wall Street: Is OpenAI postponing its IPO? Storm clouds are gathering

Much of the AI wave will be funded by capital markets, new stocks, debt and high valuations - not free cash flow. If OpenAI hesitates, everything could fall apart.

20d06/26⚠ war-conflict · 2/5

Venezuela: The earthquake in Venezuela is becoming a stress test for the regime

Natural disasters can unsettle authoritarian regimes. Experts expect that the crucial time has arrived for Venezuela's Trump-backed interim president.

Billionaire investor Jeremy Grantham says bitcoin will 'dwindle away with a whimper'

Jeremy Grantham renewed his long-running criticism of bitcoin, predicting it will gradually fade into irrelevance over decades.

◇ unclassifiedmiddle-east · usa

EIA Sees USA Energy Demand Dropping in 2026, Rising in 2027

In its latest short term energy outlook, the U.S. Energy Information Administration projected that U.S. total energy consumption will decrease in 2026 then rise in 2027.

◇ unclassifiedchina · asia

Education Bureau to deny pay rise to worker after SMS blunder over school places

Hong Kong authorities have penalised an Education Bureau staff member over a Primary One admission allocation blunder after human error was found to be involved, with the officer to be denied a pay rise and transferred to other roles. The government on Friday revealed the results of its investigation into the incident on June 2 when parents received SMS notifications about their children’s primary school allocations, a day before the official announcement. The bureau’s hotline was flooded with..

Why breakthrough GLP-1 weight loss pills may be a bad thing for employer insurance coverage

New GLP-1 weight-loss pills from Novo Nordisk and Eli Lilly are likely to boost consumer demand, but employer-sponsored health insurance may not foot the bill.

Prefabricated houses in demand: Aim higher

The fact that prefabricated house manufacturers are now also building houses and schools out of wood should ensure more resilience. And there is also less risk of political resistance.

◇ unclassifiedmiddle-east · usa

Traffic Flows Through Hormuz Despite Ship Attack

Traffic continued to flow in both directions through the vital thoroughfare on Friday.

Technology group: Stefan Hartung steps down as Bosch boss – Christian Fischer follows

Economic slowdown, job cuts, red numbers: Bosch is currently struggling everywhere. In the middle of the crisis, boss Stefan Hartung is now unexpectedly leaving the company. Who will follow him?

Technology group: Bosch boss Stefan Hartung leaves early

Economic slowdown, job cuts, red numbers: Bosch is currently struggling everywhere. In the middle of the crisis, boss Stefan Hartung is now unexpectedly leaving the company. Who will follow him?

Prefabricated timber construction: a new start for the Kampa rescuer

After bankruptcy, the prefabricated house heavyweight Kampa continued because Josef Haas didn't want to let it go under. Now the industry's jack-of-all-trades has a new goal.

Ex-Apollo CEO Leon Black says Jeffrey Epstein duped him out of more than $60 million

"I knew Jekyll. I didn't know Hyde," Leon Black says about Jeffrey Epstein in his prepared statement to the House Oversight and Government Reform Committee.

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Why is no one chartering China’s first privately owned research vessel?

The first scientific ship built by private interests in China is still waiting for its first assignment after it launched last month near Wenling, in Zhejiang province, on the east coast, according to Chinese media reports. The 82 metre-long (269-foot), 3,500-tonne Haiying Jiake research vessel was built with 150 million yuan (US$22 million) raised by 37 Zhejiang fishermen. It is designed to operate anywhere in the world’s oceans, including in thin sea ice, and support research ranging from...

◇ unclassifiedmiddle-east · russia · usa

What Happened to Big Oil's Green Pivot?

Over the past 20 years, the story seemed straightforward. Big Oil would gradually become Big Energy. Over time, oil majors would use their balance sheets, engineering expertise, and global project-management skills to build wind farms, solar projects, hydrogen hubs, carbon capture networks, and renewable power businesses. Big Oil did make major investments in renewables. And that transition is still happening in parts of the energy sector. But among the oil majors, the strategy has become far mo

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Shorting Stubhub Why Shouldn't We Do This

Why are more people not shorting Stubhub with the debacle of the World Cup? They are probably making a killing in the short-term but when you turn off comments on social media and you have former executives dunking on them on socials, it has to foretell a horrible horrible future. Just wanted to see if anyone has a bear case to share on this. I am just vibing off of social media and assuming the post-World Cup future is bleak. submitted by /u/vadimelenev [link] [comments]

◇ unclassifiedgermany · europe · usa

Wall Street: “The AI worries are back” – Wall Street starts with losses

Concerns about the AI rally dominate the US stock exchanges. One media report is causing a lot of uncertainty. However, there is at least some relief from a market.

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‘Digital ID cards’: China moves to regulate AI agents with unified identity system

China is establishing an identity system for artificial intelligence agents, as part of new national standards released on Friday to regulate the next frontier of autonomous technology. The State Administration for Market Regulation (SAMR) unveiled the standard for “Artificial Intelligence Agent Interconnection”, aiming to establish a “closed-loop system” with a unified identity management framework for all AI agents, according to a report from state broadcaster China Central Television...

VW: Volkswagen wants to get rid of four plants – tens of thousands of jobs are at risk

At VW, more jobs are at risk than previously assumed. IG Metall and the works council are sounding the alarm and talking about “irresponsible threats”.

Job cuts at Volkswagen: VW on the verge of clear-cutting – what is really expected internally

There are apparently significantly more jobs at stake at Volkswagen than previously planned. However, the stated figure of 100,000 is clearly too high. What insiders also report.

Stock market: buy, wait, ignore? This is what experts advise about SpaceX shares

No other stock currently fascinates investors as much as Elon Musk's space company. Rightly so? Handelsblatt asked asset managers and investment advisors for advice.

20d06/26⚠ war-conflict · 2/5

Putin's companion dead: Former Russian deputy prime minister Ivanov died

He was once considered a possible successor to Kremlin leader Putin: Sergei Ivanov was a secret service agent, minister, deputy head of government and head of the Kremlin administration. Now Putin's confidant has died.

◇ unclassifiedgermany · europe · russia

DGB pension proposals: “The retirement age must not be raised”

A DGB commission provides its own pension proposals. According to the unions, early retirement should remain - and all pensions should increase more.

Fascism quote: Pantisano regrets the CDU's rejection of his apology

Shortly before his election as left-wing leader, Pantisano accused the Union of fascist politics. The Union does not accept his apology for this. What Pantisano was talking about in his statement.

El Niño’s coming back — and it could cost the global economy trillions

Economists at the investment bank wrote that an El Niño could disrupt agriculture, infrastructure and economywide productivity.