Finance news

Artificial intelligence: “Warning level yellow” – the highest cyber authority warns of risks from cheap AI models

It's not just powerful AI systems that can accelerate cyber attacks. Smaller language models also open up new opportunities for hackers, warns Germany's cyber authority BSI.

Auto supplier: ZF should demand compensation from two former board members

According to a report, two former board members are said to have obtained loss-making orders for the electrical division. The company wants to have the damage compensated.

◇ unclassifiedchina · asia · usa

Chinese man jailed after flat’s high electricity usage exposes breeding of 300 snakes

A man living alone in eastern China was sentenced to jail for breeding over 300 pythons at home. This shocking incident was revealed by state media CCTV in late June as a case of “serious” harm to rare and endangered wildlife. Pythons are classified as Grade Two protected animals in China, and laws prohibit the buying, selling, breeding, and transporting of this species without official permission. The violator came to police attention after a senior citizen in Taizhou, Zhejiang province,...

Five things to watch in Tuesday's primaries as New York races take center stage

Tuesday’s primaries in New York, Maryland and Utah test outside money, party power and the influence of Zohran Mamdani and Donald Trump.

+++ Football World Cup 2026 +++: Lahm criticizes Infantino: “The World Cup is being sold”

Twilight of the Gods for Cristiano Ronaldo? +++ Álvarez wants to leave – Atlético insists on 500 million clause +++ Special gift for TV expert Klopp +++ The news blog.

◇ unclassifiedusa · europe

Leonardo, Baykar tout in-flight control of Kizilelma drone from a M-346 jet trainer

Following an autonomous taxi and take-off, the Kizilelma autonomously linked to the M-346 using “an advanced radio frequency data exchange system."

◇ unclassifiedgermany · europe · usa

Middle East: Trump threatens Iran again: “I will do what I have to do”

The US President has threatened Iran with consequences if Tehran does not comply with the agreement agreed with the US. Nevertheless, Trump rated the previous negotiations for a lasting peace as a success.

◇ unclassifiedgermany · europe · uk

North Korea: Kim Jong Un wants to further expand its nuclear program

The North Korean ruler has called for strengthening his country's nuclear capabilities. This is the only way to address the unpredictable and complex global security situation, Kim said.

Economic situation: According to a survey, the German economy shrank more in June than in 1.5 years

According to the Purchasing Managers Index, the German economy continued to shrink in June. According to experts, this increases the likelihood of another recessionary phase. The Eurozone is looking slightly better.

Seat Leon: This is how the Spanish Golf brother performs in the TÜV test

Chic design, proven corporate technology, wide range of engines – the third generation Seat Leon has a lot to offer. But also weak points.

Great Britain: Two thirds of Brits rate leaving the EU negatively

Ten years after Brexit, the British have drawn a sobering conclusion in a new survey. Two thirds see the withdrawal as a mistake because it increased costs, slowed the economy and worsened prospects for young people.

Monetary policy: ECB chief economist expects inflation to remain high

In mid-June, the ECB raised its key interest rate for the first time in almost three years. Chief economist Philip Lane expects inflation to continue.

Europe is spending billions to rearm, so why the delays?

European countries have been trying to scale up their military capabilities, but their current defense production and procurement model is not fit for purpose, say experts.

24d06/23⚠ war-conflict · 2/5

The AI market has become a ‘rubber band’ — the question now is how far it can stretch, says Goldman strategist

Rich Privorotsky, strategist at Goldman Sachs, said that while so-called hyperscalers continue to increase their capital expenditure forecasts, artificial intelligence software is becoming cheaper to develop elsewhere

Europe's defense ambitions get reality check

European countries have been trying to scale up and integrate their military capabilities, but their current defense production and procurement model is not fit for purpose, say experts.

◇ unclassifiedchina · asia · australia

Australia refuses release of climate fund reports for Pacific nation Tuvalu

Australia has refused to release internal papers about a trust fund for a climate-vulnerable Pacific nation, telling Agence France-Presse (AFP) that the documents could inflict diplomatic “damage”. Gravely threatened by rising seas, low-lying island nation Tuvalu relies on a US$200 million trust fund to help foot the ballooning costs of climate change. The trust has been invested on Tuvalu’s behalf in funds exposed to coal mining, gas exploration and the world’s largest crude oil refinery, an...

AI groups spend $20 million going head-to-head in New York race pitting Bores, Lasher, Schlossberg

Companies are spending big to shape AI policies at the federal level. And the Manhattan House Democratic primary will be a test of where voters stand.

◇ unclassifiedusa · china · brazil

U.S. fights with Brazil for China's giant soybean market

The U.S. Soybean Export Council makes claims to higher quality a selling point over Brazil's crop, as American farmers attempt to win back business from the world's largest importer

Real estate: The forgotten factor against the shortage of skilled workers

Germany is looking for skilled workers. It is becoming increasingly clear that there is a major hurdle in the housing market. How companies could take countermeasures.

Pension Commission: Business praises pension plans – unions criticize

The federal government wants to quickly reform pensions. From an economic perspective, it is time for this. The employee representatives do not believe that life's achievements are sufficiently appreciated.

◇ unclassifiedchina · asia · usa

60% of Hong Kong schools using AI for teaching and admin work, survey finds

About 60 per cent of surveyed Hong Kong schools are using artificial intelligence (AI) for teaching and administrative work, with the researchers behind the poll calling for educators to improve their knowledge of the technology so they can better guide students. The Education University of Hong Kong shared its findings on Tuesday, with the survey showing about 20 per cent of primary and secondary schools were actively exploring the use of AI in teaching, learning and administrative...

◇ unclassifiedmiddle-east · russia · usa

India Boosts U.S. LPG Imports to Record High

Despite higher prices, India is set to import the biggest ever volumes of liquefied petroleum gas (LPG) from the United States in June as it seeks to replace still-constrained supply from the Middle East. India is estimated to receive between 1.1 million and 1.2 million tons of America’s LPG this month, Indian refining sources told Reuters on Tuesday. These would be a record high, and nearly double the 648,300 tons of LPG from the U.S. imported in May, as per Kpler data cited by Reuters. India’s

+++ Federal politics +++: Merz: “State of emergency will perhaps last for decades”

Merz: Let's show the younger people that there are very good years ahead of us +++ Left leader apologizes for fascism statement about CDU +++ The news blog.

◇ unclassifiedusa · europe · uk

How Europe is grappling with extreme heat as red alerts issued in Britain, France, Spain and Italy

Several European countries issued red weather alerts as a fresh bout of extreme heat pushed temperatures beyond 40 degrees Celsius (104 degrees Fahrenheit).

Fiber optic: What does a building contractor want with the Berlin network operator Eurofiber?

First Vattenfall got out, then the financial investors - now Eurofiber has a new owner: a Westphalian building contractor. What he expects from the deal.

Eurobike: Bicycle trade fair is fighting for survival

The number of exhibitors has halved, associations are withdrawing: Eurobike is shrinking and will focus more on the specialist audience in the future. But the new competition is already in the starting blocks.

24d06/23⚠ war-conflict · 2/5

+++ Iran War +++: Iran does not want to let IAEA inspectors into damaged nuclear facilities

Iranian President travels to Pakistan for negotiations +++ Trump criticizes European NATO partners before Rutte's visit +++ Iran: Strait of Hormuz under control +++ The news blog.

◇ unclassifiedgermany · europe · iran

I want to leave everything to my sons, but I’m terrified they’ll give it to my ex-husband. How do I prevent this?

“I would not like my money to fall into the hands of my former spouse.”