Finance news

Heatwave: What can I do if it gets unbearably hot on the train?

Air conditioning ensures pleasant temperatures in the cars. But even the best technology can fail - and then things quickly become unpleasant. What passengers should do and what they shouldn't do.

Military service: More young people want to join the Bundeswehr

More and more young people want to join the Bundeswehr. The Ministry of Defense is drawing positive conclusions a good five months after the start of the new military service law.

The federal government's plans: New capital pension: risk for pensioners or a big success?

Should part of the pension be financed via the stock market in the future? Sweden has had good experiences with this. But not everyone in this country is convinced that this is a good idea.

Recommendations of the expert commission: Identify health risks as early as possible: “Prevention before rehabilitation before retirement”

Every disability pension that is prevented is a win: under this motto, the Pension Commission is pushing for significantly more prevention and rehabilitation for employees in its recommendations.

Travel insurance fund: Millions in relief for holiday trips

Anyone who books package holidays is protected from insolvency. A fund takes care of that. But from the perspective of holiday providers, it is too expensive. The industry has now reached an agreement with the Ministry of Justice on lower payments.

Qatar Signs Crude Deal With Taiwan as Gulf Oil Trade Recovers

In the latest sign of recovering oil flows in the Persian Gulf, Qatar inked a deal with a Taiwanese refiner for the sale of a cargo of Al-Shaheen crude, Bloomberg reported today, citing unnamed trading sources. The deal follows the sale of Marine and Land Qatari crude to an Indian refiner last week, the sources also told the publication. Bloomberg also reported that ship-tracking data showed a Gfreek-owned supertanker currently loading at the Al-Shaheen floating storage terminal. Separately, Qat

Middle East conflict: Oil prices continue to fall - Brent slips to pre-war levels

The price of Brent oil falls to its lowest level since the Iran war. What factors are behind the price slide and how experts assess the development.

Family holding: More defense, less VW: Porsche SE wants to diversify more

VW's major shareholder has six unicorns in its portfolio. Porsche SE wants to make itself more independent from the car business. However, the company lost out to the ship engine manufacturer Everllance.

One of India's largest gold exporters paid its managing director just $180 a month, investigators say in accounting probe

Indian authorities have found accounting discrepancies in books of Indian gold company Rajesh Exports, and owner of Swiss refiner Valcambi.

Trading212 new entity and new interest rate

I’m based in Spain and trading212 pays me 2.4% interest rate on euro. However, for new accounts there is an offer of 3.5%. According to the support I’d have to close my account and open a new one to get the higher interest rate. Meaning, I would have to sell my shares. Is there another way? E.g. transfering shares to another broker? submitted by /u/Aggravating-Log-444 [link] [comments]

Artificial intelligence: Investor becomes co-head of Langdock – “I believe it will be the largest AI company in Europe”

Judith Dada was one of the first investors in the rapidly growing start-up from Berlin. Now she switches sides.

Takeover struggle: Dispute in the takeover struggle: Commerzbank counters Unicredit

Unicredit is keeping the pressure on Commerzbank high. But she doubts the Italians' statements and again speaks of contradictory information.

Billion dollar transaction: VW sells majority stake to Everllence marine engine division

It is one of the big German billion-dollar transactions of the year: Volkswagen wants to sell the majority of its marine engine division. Who gets the contract? The decisive committees will meet this Wednesday.

Galeria: From the golden department store era to the recent Galeria crisis

With its predecessors Karstadt and Kaufhof, Galeria shaped German shopping streets for generations. But the glory days are long gone.

Expected rulings by the Federal Constitutional Court on the inheritance tax treatment of business assets

Various rulings by the Federal Constitutional Court on various inheritance tax regulations relating to the taxation of business assets are expected in the near future. The position paper from the finance minister and finance minister of the northern countries on the further development of inheritance tax, as well as the proposal from the Greens, are definitely worth reading. As someone from the field, I find the suggestions put forward very interesting (and correct), even if - in my opinion - they are not far-reaching enough. I stay sat

New Zealand offered Chinese tourists an easier path to visit, and they’re loving it

New Zealand has seen a surge in Chinese tourists since it began testing an easier pathway for visitors via Australia. The government began a 12-month trial in November that exempted Chinese and Pacific people from visa requirements if they were travelling from Australia. Officials estimated that after six months the new option has resulted in a 40 per cent increase in Chinese visitor arrivals, Tourism Minister Louise Upston said on Thursday in Wellington. Tourism is New Zealand’s second-largest.

Iran war: Trump administration demands $87.6 billion from Congress to continue financing the Iran war

In order to continue financing the Iran war, Trump is again demanding a billion-dollar budget from Congress. The money should also be used for further crises.

Isabel Schnabel: Interview with Die Zeit

Artificial intelligence: AI makes Bosch and Co. more efficient – ​​Almetra receives millions

The start-up films employees and robots to improve production. Production increased significantly at Bosch, Siemens Energy and ABB.

Philippines foils second planned high school attack in Leyte in days

Philippine authorities successfully foiled another possible school attack in Leyte province just two days after Monday’s deadly shooting in Tacloban City, thanks to a timely tip from Senator Bam Aquino. The senator, nephew of former president Corazon Aquino, informed Interior Secretary Jonvic Remulla of the threat on Wednesday night. “At 8 o’clock last night, Senator Bam Aquino called me up and gave me a tip that there was chatter in Tacloban that there was an impending mass shooting that was...

+++ Ukraine War +++: Zelenskyj – signal amplifiers in Belarus are out of order

Zelensky announces preemptive strikes against Russian facilities +++ Power outage in Crimean city of Sevastopol +++ Lavrov insists on agreements reached at Alaska summit on Ukraine +++ The news blog.

Economic situation: Ifo: Better prospects for exports

German companies no longer view the future as negatively. However, an important industry is slipping even deeper into the red.

Regulation: EU wants to monitor Amazon and Microsoft's cloud businesses more strictly

According to Handelsblatt information, the EU Commission wants to announce on Thursday that it is regulating the services of the two tech companies under the Digital Markets Act.

Crocodile discovered on balcony triggers arrest after 100 more reptiles found

Hong Kong police have arrested a woman after the discovery of a 1.5-metre-long (4.9 feet) crocodile on her balcony led to authorities finding about 100 more reptiles in her home, the South China Morning Post has learned. A source said police officers and staff from the Agricultural, Fisheries and Conservation Department (AFCD) returned to the flat at midnight on Thursday after finding the crocodile hours earlier, only to discover more reptiles. “Officers discovered large amounts of animals...

Union Riester-Depot (Raiffeisenbank) – carry allowances with you or finally reallocate them to WEBN?

Hello everyone! Another savings bank story, just the same in blue/orange: From the Raiffeisenbank. I completed a Union Riester depot there in 2016, when I was still in training. At the time, the bank employee just sounded very nice and trustworthy - today I'm no longer sure whether that was a wise investment. The performance is +40% in 10 years, so disappointing. There were initially allowances. But not anymore because I am myself

Quarterly figures: Real estate prices are rising more slowly

There are currently no major price jumps for residential real estate in Germany. There are clear regional differences.

Consumer climate in June: buying mood stable, propensity to save high

Despite slightly rising income expectations, purchasing sentiment remains subdued. Researchers see only cautious signs of recovery.

AI: Online pharmacy DocMorris relies on AI and is cutting 100 jobs

The Swiss company is tightening its austerity measures and annual costs are to be significantly reduced. The company wants to continue to grow strongly in the coming years.

Deal with financial investor: VW sells majority of engine manufacturer Everllence to investor

With the sale, Volkswagen is continuing its focus on its core business. The five German locations of Everllence, formerly MAN Energy Solutions, are to be retained until at least 2030.

EU climate target 2040: shifting climate protection abroad? Yes, please!

The EU soon wants to pay other countries to save CO₂. This should be worth it for everyone, shows a new paper by renowned climate protection researchers.