Finance news

Are India-US trade talks nearing ‘last-mile bargaining’ amid strained ties?

US Trade Representative Jamieson Greer’s two-day visit to India this week could bring both sides closer to clinching a broad trade bargain after months of tariff wrangling, even as the South Asian nation’s protected farm sector remains a major sticking point. Analysts say the visit could centre on finalising tariff rates and giving the relationship a political reset after a year of strain over trade, Indian workers and the Strait of Hormuz. A statement from the Office of the US Trade...

This billionaire trading tycoon argues the public is looking at federal debt all wrong

The conventional wisdom is that federal government debt — $39.1 trillion, or a mere $31.6 trillion when accounting for the liabilities owed to itself — is astronomically high. Jeff Yass said that isn’t the right comparison.

Enterprise software: SAP and the migration crisis

Customers have been pushing for a long time. Now the software giant is finally helping with the IT change. Maybe too late. There have long been other solutions.

Indonesia hit by fuel shortages, power outages as energy crisis deepens

Meta taps Indian startup founder to solve WhatsApp's revenue puzzle

BHP strike averted for now, but sides still 'some way' from deal

European startup to make defense drones in Japan, export across Asia

Apollo curbs withdrawals after exit requests hit 17%, reigniting fears over private credit liquidity

Apollo is capping investor redemptions in its main retail-focused private credit fund after exit requests hit 17%.

China targets US rare earth miners as Pentagon faces restocking rush

China put two US rare earth miners on its export control list, along with eight technology companies, in response to the US Department of Defence blacklisting Chinese businesses for their alleged ties to the People’s Liberation Army. MP Materials and USA Rare Earth will both be banned from buying Chinese exports with dual civilian and military uses, the Ministry of Commerce said on Monday. Motor maker Aveox and drone companies Red Cat and Teal Drones were among the other companies included in...

Meg Ryan lists $15.3 million Hamptons retreat in ‘coveted location’

Actress Meg Ryan is getting ready to bid farewell to one of the brightest jewels in her real estate portfolio: a stunning Hamptons retreat that she has owned for just two years.

Dolly Parton’s former hideaway in the quaint town of Solvang is listed for $2 million, complete with windmill

A quaint—and very quirky—California property that once served as music legend Dolly Parton’s private hideaway has returned to the market for just a hair under $2 million.

+++ Federal politics +++: Now live: Merz speaks at Industry Day

Left leader apologizes for fascism statement about CDU +++ Union faction for variable age limit in social media +++ Merz open to paragraph change +++ The news blog.

Tech rout intensifies as selloff grips global stocks

Global stocks sold off on Tuesday, led by deep losses for tech stocks following a losing session for the sector on Wall Street.

Retirement provision: Merz announces full implementation of the pension proposals

A 13-member commission made 33 proposals for a major pension reform. Chancellor Friedrich Merz supports the recommendations 100 percent.

Health hazard: Heat on the plane: Holidaymakers have these rights

Circulatory problems, headaches - and delays: What are passengers entitled to if the air conditioning on the plane fails and the cabin heats up unbearably?

Iran Quickly Pursues Top Oil Importers after US Waiver

Iran is racing to court some of Asia's largest oil buyers as a 60-day U.S. sanctions waiver takes effect.

Finance: Schufa focuses on combating money laundering with a new takeover

Schufa, known for credit checks on consumers, wants to create a second mainstay. In the future, she would like to get involved in the fight against money laundering through an acquisition.

I built a free tool that ranks all 148 countries by taxation

I built a filterable, sortable version of PwC's Worldwide Tax Summaries: https://tax-list-app.netlify.app What it does: Every country's headline taxes in one sortable grid. Open any country for the full PwC corporate & individual write-up (tax rates, due dates, treaties, etc.). Special regimes for new residents flagged - e.g. Portugal's IFICI 20%, Italy's €200k flat tax, Greece's 7% pensions, Spain's Beckham, UK's new 4-year FIG Extra layers: Tax Foundation's ITCI (competitiveness, not just low

Heat wave: How to stay productive even in high temperatures

Weather services warn of extreme heat. This can become a burden - especially if you are required to be present in the office. These tricks can help.

Guest comment: The stock pension is one of the most important reforms of all

The capital-based pillar not only secures the statutory pension. It also strengthens the economy, say Jörg Rocholl and Monika Queisser, both members of the Pension Commission.

SpaceX drops more than 3% following $400 billion selloff

Gains have been pared back at the space and AI company following an initial surge after its record-breaking IPO.

Comment: The mother's pension must be on the negotiating table

The abolition of pensions from the age of 63 will exact an enormous political price from the SPD. In order to be able to take this step, the Union must make changes to the mother's pension.

Creditreform: More company bankruptcies than ever since 2013

There have not been so many bankruptcies in the first half of the year for more than ten years. Creditreform warns: The wave of bankruptcies has not yet reached its peak. The list of problems is long.

Consequences of the economic crisis: Credit reform: More company bankruptcies than ever since 2013

There have not been so many bankruptcies in the first half of the year for more than ten years. Creditreform warns: The wave of bankruptcies has not yet reached its peak. The list of problems is long.

China’s evolving political economy, as seen through gaokao scramble

This week, the results of China’s National Higher Education Entrance Examination, or gaokao, will be released. Within days, candidates will submit their prioritised preferences for universities and majors. Families will have to make the most consequential choices with imperfect information amid uncertainty. It is a sorting mechanism. Candidates need to find the right match by choosing programmes their gaokao results can gain them entry to. Historical admission marks only serve as indicative...

Europe’s EV Boom Accelerates as Chinese Brands Gain Ground

Electric vehicle sales, increasingly featuring Chinese vehicles, led an overall increase in car sales in Europe last month, with gasoline and diesel cars booking declines amid higher prices at the pump. Car registrations, as reported by the European Automobile Manufacturers’ Association, gained 3.6% in May, with the sales increase over the first five months of the year at 4.5%, Reuters reported. Earlier figures, released by E-Mobility and New Automotive, showed a strong, 34% annual increase in E

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

The leading German index starts the day with losses, following the Asian stock exchanges. Investors are looking at the annual general meetings of Porsche and Delivery Hero today.

Finance: Schufa focuses on combating money laundering with a new takeover

Schufa wants to create a second mainstay. With an acquisition, it wants to get involved in the fight against money laundering in the future.

Statutory pension: The revival of the stock pension

The government wants to partially finance the pension on the capital market in the future. This is very reminiscent of earlier concepts. But there are differences.

Pensions: First of all, the contributions rise - this is how the new capital pension works

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