Finance news

EU and China need a grand bargain to avoid a trade war

As European leaders convened at the European Council meeting in Brussels this month, the spectre of a full-blown trade war with China cast a long shadow over the proceedings. Amid ongoing anti-subsidy probes into Chinese green technology and the looming threat of retaliatory tariffs, the economic bedrock of the China-EU relationship appears increasingly fragile. Yet, beneath the hawkish political rhetoric, recent high-level meetings between European officials and their Chinese counterparts...

Beyond the obvious: Europe has a clear advantage

The tech company GetYourGuide relies on Europe instead of Silicon Valley - for good reasons.

ebm-Pope: The fan valley cools the world's data centers

Because AI computers need to be cooled, EBM-Papst can hardly keep up with the construction of fans. It's good that a competitor just a few villages away is helping to meet demand.

Left presents its own plan for tax reform: What that would mean for you

As a leftist, I am not amused by these points. Why should it always be so difficult to save up reserves? Why should labor be taxed higher at all? There is already very good, progressive taxation when it comes to work. In addition, I'm really not a fan of my stock profits being offset against my personal tax rate. Give us allowances. I have to be able to save something. And what's more, I think it's really bad, everything is fixed

Brewery boss in an interview: “Almost all nonsense is accepted as authentic”

Steffen Marx is shaking up the Munich beer market with his Giesinger brewery. In the interview he talks about the courage to experiment, gossips about long-established competitors - and says how his beer should get to the Oktoberfest.

Football World Cup 2026: Who, when and where will Germany play at the 2026 World Cup?

Germany also finished victorious in their second group game at the men's FIFA World Cup. Which nation is Germany playing against now? All national team games at a glance.

Ifo business climate index: Better mood in the economy - hope for relaxation in the Middle East

The Ifo business climate index is rising again. German companies are hoping for relaxation in the Middle East conflict and stable energy prices.

Fairness of the solidarity deposit for “soon to retire”

I'm currently listening to a few podcasts in which the new pension reform regulations are discussed. The regulations regarding the 2% for the retirement savings account were also discussed several times. It was said in EVERY post that it was entirely fair for soon-to-be-retired people who no longer pay in (much) that fictitious payment periods can be financed through tax revenue. So a depot for free, without risk, essentially free money. What's fair about that? Can anyone give me this thought

Gastronomy: Instead of gut feeling and nose factor – this AI tool can make restaurants more productive

Nesto writes a smart shift schedule for restaurants in 40 seconds. This way you can avoid waiting times and increase sales. L’Osteria and McDonald’s are already customers.

Business ticker: Ifo index increases after Iran agreement

Meta appoints entrepreneur Kunal Shah as WhatsApp boss +++ Semiconductor company X-Fab invests up to 400 million euros in Erfurt +++ News in the company live blog.

Railway project: Circles: Railway postpones Stuttgart 21 start to the end of 2031

The people in Stuttgart are already used to it: the completion of the new underground station is repeatedly postponed. How long the construction site will remain and what the problems are.

Dax current: Dax continues to lose – defense stock benefits from major order

After the turbulent tech sell-off, there are initially signs of quiet trading, but new chip numbers are already coming today. New Ifo figures provide economic guidance.

Clemens Fuest: Government consumption is leading us to economic decline

Germany has been in a phase of economic stagnation for around seven years. This is known. But the actual situation is even worse. A guest post.

Qatar Says LNG Exports Could Return to Normal Within Weeks

Qatar will be back to normal production of liquefied natural gas in a few weeks, the country’s prime minister, Sheikh Mohammed bin Abdulrahman al-Thani, told the Financial Times today. “Within a few weeks, production will come back to normal, except the damaged facility,” he said. “Our teams have been mobilised already for a few weeks. QatarEnergy is preparing for operations to come back to normal as soon as the situation in the strait normalises.” Al-Thani also told the FT that it was essential

World’s hottest stock market rallies after 10% plunge

Chip makers Samsung and SK Hynix recover some ground after bout of profit taking

US, Qatar Push Back against EU Methane Rules

The countries asked for a 'pragmatic approach' to clarifying the rules and adopting changes to allow importers to continue to obtain oil and gas needed by the EU.

2 Japanese held in China over alleged rare earths smuggling

China has detained two Japanese nationals over alleged attempts to take rare earth-related products out of the country. Japanese Chief Cabinet Secretary Minoru Kihara said on Wednesday that one of the two was detained by Chinese authorities on May 18 and the other a week later, accused of violating Chinese laws governing the import and export of restricted goods. Tokyo confirmed the detentions, without giving further details, citing privacy. One of the detainees is an employee of a Japanese...

Nationwide train failure: After train radio failure – troubleshooting at Deutsche Bahn

After the nationwide train radio failure, IT and security experts are looking for the cause. An attack is currently considered unlikely. The focus is on a faulty update.

Iceland joins TIPS for instant payments

Asian Demand for Mideast Oil Slows after Splurge

Asian refiners have slowed purchases of Middle Eastern crude after a buying spree over the past three weeks, with oil majors and traders stepping in to take some of the surplus barrels.

Iran war: IAEA chief: Inspections in Iran will come

The head of the UN nuclear watchdog makes it clear: monitoring nuclear facilities is part of the US-Iranian framework agreement. But when and how IAEA experts will work in Iran remains unclear for the time being.

Interview: McKinsey Germany boss: “Our work has fundamentally changed”

Fabian Billing is the only European to join the McKinsey supervisory board. His expertise as a transformation expert is in demand there. He also has advice for Germany.

Hidden cost of China’s electric car boom, record-breaking week for sales: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. The hidden cost of China’s electric car boom: a spiralling roadworks bill China’s rapid transition to electric vehicles (EVs) has been widely hailed as an economic success story. But it is also creating a serious headache for the country’s local governments, which are tasked with...

Keiko Fujimori edges closer to winning Peru’s presidency

Keiko Fujimori is poised to become Peru’s next president after running her fourth consecutive campaign, according to figures published late Tuesday by the elections regulator after weeks of adjudicating disputed ballots. With 43,386 votes between Fujimori and leftist rival Roberto Sanchez, and no more than 39,300 votes in dispute, the conservative had enough of a margin to secure her lead. Fujimori had 50.1 per cent of the vote while Sanchez had 49.9 per cent with 99.8 per cent of ballots...

Singaporean woman jailed for slapping, punching helper over job performance

Upset with the way that her domestic worker had performed tasks such as hanging the laundry or cleaning bottles, a 67-year-old woman slapped, punched and scratched her, drawing blood. The victim, who earned S$470 (about US$360) a month, told staff members from Singapore’s Centre for Domestic Employees (CDE) during a routine call about the abuse, and a police report was made. Hazel Phang Fong Yen, a 67-year-old Singaporean woman, was sentenced to four months’ jail on Wednesday. She was also...

Abolition of mini-jobs according to the pension commission's proposal

Hey everyone, as is well known, the Pension Commission is proposing to largely abolish part-time employment or to end the current opt-out regulation for social security contributions. As far as I understand it, the only significant exception should be the employment of students. Their report states: “Employees are also exempt from other social contributions and income tax, while employers pay a flat rate tax.” Right at this point k

Beijing’s brokerage probe to stop ‘leakage’, Paul Chan tells Davos Dalian event

Beijing’s recent investigation into three brokerages – Futu Securities, Tiger Brokers and Long Bridge – was partly driven by concerns over foreign exchange “leakage” and the need to protect mainland China’s vast base of retail investors, Hong Kong’s finance chief has said. At a closed-door C-Suite roundtable organised by the South China Morning Post on Wednesday, Financial Secretary Paul Chan Mo-po said Beijing was overall “supportive” of Hong Kong’s role as an international financial...

Investing: Market-neutral investments: This means investors benefit even if prices fall

After years of rising stock prices, investors are growing concerned about a correction. Market-neutral strategies promise returns largely independent of market developments.

For those of you who've lived in more than one country, did moving change how you think about investing?

I keep noticing how much of what people believe about money seems tied to where they grew up. Saving everything, property being the only 'real' investment, stocks feeling like gambling. For those who've lived in more than one country, did any of that shift when you moved, or did it stick? Curious which beliefs travelled with you. submitted by /u/Successful-Power2026 [link] [comments]

Start-up: Car rental company Finn becomes a unicorn – Canadian investor leads 100 million financing round

The Munich start-up raises 100 million euros from investors. Recurring sales are more than 300 million euros. Nevertheless, Finn also feels the consumer reluctance.