Finance news

IOC's Tanker Tender Comes Up Empty as Hormuz Risk Lingers

Indian Oil Corporation (IOC), the biggest refiner in the country, did not receive any bids in a tender to charter three tankers to pick up crude and gas from the Persian Gulf and ship the volumes through the Strait of Hormuz, trade sources with knowledge of the development told Reuters on Tuesday. Since the Strait of Hormuz tentatively reopened at the end of last week, vessel traffic has picked up, especially for outbound tankers that have been stuck for months in the Gulf. But many shipowners a

Bitcoin price current: Bitcoin slides to two-week low

The Bitcoin price fell to a two-week low on Tuesday. Triggers include losses in tech and AI stocks such as SpaceX.

Today I got to know "Dividend" is not an extra amount.

I got an email form my Asset Management Company Saying Your got 26 rupees per unit.. when I calculated it for 566 units, I got 14716 Rs.. But later I came to know that this amount is deducted form my own investment while the NAV units remain the same . What was the benefits to me..? submitted by /u/SaudAhmadguru [link] [comments]

‘A historic day’: European Parliament backs digital euro

Supporters say scheme is crucial to reduce Europe's dependence on US payment providers

Trump Account signups now total more than 6 million, but millions more children are eligible

Trump Accounts will soon be available to millions of U.S. children; however, many may miss out on the savings opportunity — and free money.

Annual General Meeting: Porsche boss demands more hard work from his employees

The sports car manufacturer should become leaner and more efficient and the number of different model variants should be significantly reduced. Above all, employees will have to work more diligently in the future.

Former Scottish National Party chief Peter Murrell jailed for embezzling party funds

Former Scottish National Party chief executive Peter Murrell was jailed for just over five years on Tuesday after admitting embezzling more than £400,000 (US$540,000) of party funds to buy items such as ‌cars, a motorhome and luxury goods. Murrell, 61, is the estranged husband of ex-SNP leader Nicola Sturgeon, who suddenly resigned in 2023, shortly before she was arrested as part of the probe into the party’s finances. She was cleared of wrongdoing in March last year. He pleaded guilty last...

Ukraine eyes reconstruction fund with Japan to boost recovery

Vietnam's Long Thanh International Airport risks further delays

Banish the construction risk: How the architect should monitor the construction of the house

Building is becoming more expensive. Monitoring is a duty and a risk for the architect. Damage and liability claims quickly arise.

AI memory startup focused on cutting token costs raises $98 million

Engram enters the market as the AI industry grapples with a rising cost problem fueled by more expensive models.

What is China’s aircraft carrier Liaoning testing – and why does it matter?

China’s first aircraft carrier tried new tactics in its latest drill – including working with land-based tanker aircraft and coordinating with an amphibious assault ship – amid a push to strengthen military combat capability. The Liaoning aircraft carrier strike group returned to its home port in Qingdao on Monday after completing more than 40 days of far-sea combat training, according to state broadcaster CCTV. During the extended deployment, the Liaoning conducted combat exercises at multiple.

Google’s online dominance Is showing signs of cracking in AI era

While Google remains in a position of strength in the eyes of Wall Street, the AI era is complicating the company's story.

Sens. Warren, Kelly press Trump administration on effects of tariffs on manufacturing

A pair of Democratic senators is asking for answers from the Trump administration on the effect of tariffs on U.S. manufacturing.

Changes to US weapons sales practices should emerge later this year, says Pentagon official

“The hardest part is just to time phase it because there’s so many things hitting the enterprise all at once,” said Michael Cadenazzi, the assistant secretary of Defense for Industrial Base Policy.

Royal succession crisis strains Malaysia’s governing alliance ahead of polls

Malaysia’s rare postponement of a meeting of its royal council has pushed a throne dispute in the state of Negeri Sembilan beyond palace walls, threatening to turn a customary succession row into an electoral liability for Prime Minister Anwar Ibrahim’s uneasy governing alliance ahead of snap polls. The June 23–25 meeting of the Conference of Rulers – a council of Malaysia’s hereditary Malay rulers and state governors – was called off at the eleventh hour amid concerns that allowing Negeri...

Porsche AG: Porsche shareholders settle accounts – “A shambles”

The Porsche management is facing strong headwinds at the general meeting. What investors are criticizing – and when the new Porsche boss wants to deliver.

Iran War: Precedent Feared - What's Behind Iran's 'Service Fee' in the Strait of Hormuz

Service fee or transit taxes - Iran claims control of the Strait of Hormuz, and apparently not for free. This is likely to be tricky, and not just in terms of international law.

AI to help Hong Kong bookworms find a whole new world of words

Hong Kong’s annual book fair returns in July with a renewed focus on cultural exploration, tourism and the role of AI in reading, with the organiser hoping to break last year’s visitor turnout. The Trade Development Council (TDC) said on Tuesday that the 36th Hong Kong Book Fair would be themed on “Reading the World: Cultural Legacy | Joyful Journeys,” running from July 15 to 21 at the Convention and Exhibition Centre in Wan Chai. “Through this theme, we hope to encourage residents to read works

Garfield AI: The AI ​​decides, the lawyer only executes

Her lawyer was just a supporting player: an AI helped a British woman prepare and argue in court. The £7,000 lawsuit suggests who might enforce our rights in the near future.

After the drama about “Timmy”: Puzzles about pictures of a new humpback whale in Denmark

After the death of the humpback whale known as “Timmy,” a fellow whale is said to have appeared in Denmark – at least that’s what footage shows. Experts have a tip as to why the animal could be there.

Dax current: Dax falls below 25,000 points – chip stocks lose

The leading German index is making losses on this trading day, following the Asian stock exchanges. Investors are looking at the annual general meetings of Porsche and Delivery Hero today.

Energy: Germany moves to fourth place globally in solar expansion

Compared to southern Europe, Germany is not too sunny. But when it comes to expanding solar energy, the Federal Republic is ahead of the countries of southern Europe and is also one of the world's leading groups.

For new roads: Schneider turns environmental protection inside out

The Federal Environment Minister wants to ensure that companies can implement their major construction projects more quickly. Environmental regulations should be simplified. This also applies to the protection of rare species.

Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants

"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said.

Online above the clouds: Is the WiFi on the plane enough for your favorite series?

Many airlines now offer internet on board. However, the bandwidth offered is not always sufficient for all network activities. This is shown by a market analysis. What passengers can pay attention to.

Researchers cracked the code on predicting market bubbles. Here’s what it’s saying about today’s stock prices.

Recent price run-ups don’t mean a bubble is about to burst — unless you’re looking at this sector.

Commodity market: Deutsche Bank cuts gold forecast sharply

At the beginning of the year, the price of gold set a record of $5,595. Now the fear of rising interest rates is weighing on the prospects for the precious metal.

India’s three new naval ships boost maritime firepower

The country has made strides in constructing complex naval platforms but remains dependent on foreign suppliers for key technologies.

Iran Says U.S. Agreed to Unblock $12 Billion in Frozen Funds

Iran and the United States have reached an agreement under which the U.S. would release $12 billion in frozen Iranian funds, Mohammad Bagher Ghalibaf, Iran’s top negotiator, said on Tuesday, as carried by Al Jazeera. On his way back from Switzerland, where the first round of “encouraging” talks were held on Sunday and Monday, Ghalibaf told reporters that “the U.S. and Iran can work together to reopen the Strait of Hormuz.” Yet, the top Iranian negotiator said that the Strait of Hormuz would neve