Finance news

Iran War: Rubio: Don’t want an Iran deal “at any price”

Tehran and Washington are facing a two-month negotiation period. US Secretary of State Rubio insists on lasting and reliable results.

China discovers rare coral reef blue hole in disputed Scarborough Shoal

China has identified a rare coral reef blue hole within Scarborough Shoal, a hotly contested feature in the South China Sea that is now a major flashpoint in the region. A marine blue hole is a deep, circular sinkhole in the ocean and is typically bright turquoise or emerald green. Unlike most of the world’s known blue holes – which were once caves on land thousands of years ago during the last ice age – the newly discovered marine blue hole within the Scarborough Shoal lagoon was formed by the.

Andy Burnham: The flexible new guy for Downing Street

Keir Starmer goes, Andy Burnham comes. But aside from a few good-sounding catchphrases like “hope” and “change,” his program is vague.

Actress Barbara Chan remembered for ‘unconditional love’ as sons lead tributes

Late Hong Kong actress Barbara Chan Man-yee embodied “unconditional love”, her son said at her memorial service on Thursday, attended by leading figures from the city’s entertainment industry, including director Johnnie To Kei-fung and actress Ada Choi Siu-fun. A private service for the veteran actress was held at St Andrew’s Church in Tsim Sha Tsui, the same venue where her husband, actor Liu Kai-chi, was commemorated five years ago. Chan died of illness earlier this month at the age of 66. A..

Artificial Intelligence: Deutsche Bank: Germany is at risk of falling behind in AI change

The revolution through artificial intelligence is changing the world. Deutsche Bank warns: Germany urgently needs to catch up. At the same time, she sees an economic opportunity in the backlog.

Production forecast: Mechanical engineers no longer expect growth in 2026

Many companies are not operating at full capacity. In addition, there is increased uncertainty due to the Iran war and rising inflation. The issue of supply chains is also placing greater strain on the industry again.

Why is Germany taking a big stake in a major tankmaker?

The German government will buy a 40% stake in tankmaker KNDS. The deal is as much about control in the critical defense sector as it is about the Franco-German relationship.

Wendy's (WEN) - I really like the stock

Wendy’s (WEN) has recently become one of the meme-stock names on WallStreetBets, but I think the more interesting point is that WEN is not just a squeeze trade. As a standalone investment, I find it much more compelling than GME was before its original short squeeze. Funny side note: I tried posting a version of this on WallStreetBets, but apparently it was too boring. 1. Asset-light franchise model Wendy’s is primarily a franchised business, with roughly 94% of restaurants operated by franchise

Iraq Could Quit OPEC in Bid to Pump More Oil

OPEC’s second-largest producer, Iraq, is considering exiting the cartel if the organization rejects Baghdad’s plan to boost its oil production quota in line with some of the other members, sources in the Iraqi government have told local news outlet Shafaq. Iraq proposes to boost its oil exports to compensate for the losses in production and sales it has incurred since the start of the war, according to Shafaq’s sources. The federal government is also estimating the impact of Iraq potentially exc

NATO dispute: Rutte defends Germany against Trump

At a meeting with NATO Secretary General Rutte, US President Trump once again accused the European allies of a lack of support in the Iran war and inadequate financing. Rutte tried to calm the tensions.

Guest Comment – ​​Global Challenges: The EU should counter China’s unfair monetary policy

The yuan is undervalued by up to 30 percent. This has devastating consequences for Europe's industry, argue US economist Brad Setser and German economist Jürgen Matthes.

Oil production: Iraq is apparently considering leaving OPEC because the production rate is too low

The background is the severe financial crisis in the country as a result of the Iran war. An exit would be another serious blow for OPEC after the departure of the United Arab Emirates.

+++ Business figures +++: Swedish fashion group H&M misses profit forecast

Brenntag raises profit forecast for 2026 +++ DIY store group Hornbach makes more sales +++ Tonies aims to double sales by 2030 +++ The news blog.

Movement in the publishing landscape: C. H. Beck is allowed to take over the majority in the book publisher dtv

In the publishing world, C.H. Beck and dtv are two well-known institutions; in the future, one Munich publisher will have the say at the other Munich publisher. Competition watchdogs have no concerns.

Proposals for pension reform: “Basically a zero number”

Complete article without newsletter wall: Proposals for pension reform: “Basically a zero number” Christian Schlesiger Prof. Raffelhüschen, the results of the Pension Commission are not yet fully available, but the most important points are known. Is this the big achievement of pension reform? If what has been leaked so far is true, then it is basically a zero number. That was to be expected. Either it doesn't help at all or it only does so in the long term. What bothers you?

Heating law: Germans expect that replacing heating systems will become more difficult

The majority of Germans expect the new heating law to offer less planning security. This was the result of a Forsa survey.

Integration assistance has limits: Court stops expensive trip to Japan for severely disabled man

Disabled people can claim some vacation costs as part of integration assistance. But more than three weeks of long-distance travel for around 55,000 euros? The responsible office rejected this.

Amazon adds new funding, lifting India AI and cloud investment to $48 billion

Amazon announces fresh investment of $13 billion to expand AI and cloud infrastructure in India, taking its total investment to $48 billion.

Indonesia’s immigration chief urges rethink on wider visa-free access

The Indonesian tourism ministry’s proposal to expand visa-free entry to more countries risks bringing in “low-quality tourists”, its immigration chief has said, asking the government to reconsider the decision. “We do not want visitors who do not contribute positively. When visas are waived, we effectively give up a source of state revenue. We must also protect the dignity of the nation,” Immigration Director General Hendarsam Marantoko told the Jakarta Globe newspaper. On Wednesday, the tourism

Defense stocks slide again, as Germany’s naval U-turn shakes confidence in Europe’s rearmament boom

Rheinmetall and other European defense stocks fell for a second day, after Germany scrapped the F126 naval program, raising procurement concerns.

Dangote's Planned IPO Sparks Investor Frenzy in Nigeria

Dangote Petroleum Refinery and Petrochemicals' plan to raise as much as $2 billion in Africa's biggest IPO has sparked an investor frenzy across Nigeria, drawing interest from some of the country's wealthiest people to first-time investors.

Chinese door-to-door logistics networks grow in US to counter trade war

Canada calls for 'discipline' with China as it beefs up Japan defense ties

SK Hynix jumps 15% on Nasdaq ADR listing plan

South Korea plans new chip cluster as AI boom strains capacity

China Evergrande unit shares plunge over 20% after sale talks collapse

Qualcomm vs. Nvidia and drones vs. dogs

US stablecoin giant Circle to start settlement business with Nomura

Gold is down ~24% from its recent high.

I'm considering buying gold for the long term. Do you think this is a good accumulation opportunity, or could prices fall further? If you were buying today, would you invest a lump sum, buy gradually over the next few months, or wait for more downside? Curious to hear different views on gold's outlook over the next 1–3 years. submitted by /u/Dhruvi-60 [link] [comments]

Watchdog seeks HK$250,000 for family of late helper sacked during cancer battle

Hong Kong’s equality watchdog is seeking about HK$250,000 (US$31,900) in compensation for the family of a domestic helper who was sacked by her employer in 2019 after being diagnosed with advanced cervical cancer and later died. The Equal Opportunities Commission (EOC) launched legal proceedings under the Disability Discrimination Ordinance in 2020 against Jamil Bushra for firing Baby Jane Allas in February 2019 while she was on medical leave. According to the ordinance, it is unlawful for an...