Finance news

If the federal government abolishes mini-jobs, people will work illegally, rigorously

Normally I don't care much about the ideas the federal government pumps out, but in my opinion what they have now promised cannot be surpassed in terms of stupidity. The mini-job is the only thing that keeps many, many people in their regular, registered employment relationships. Anyone who earns €603 in a mini-job would have to pay up to €130 to the state every month, which affects 6.8 million workers - that's what every headline says, so far, so bad. There are

New China dog rental trend draws warnings of animal stress from frequent handler changes

A dog-rental platform has sparked both curiosity and concern as China’s urban pet economy takes an unexpected turn. Launched on social media in March, the mini-programme known as “Wangbu,” which loosely translates to “dog walk,” enables residents in first-tier cities like Beijing, Shanghai, and Shenzhen to rent dogs by the hour for walks. After owners create profiles for their pets, renters coordinate pickup and return details directly with them. Fees typically range from 10 to 60 yuan (US$1.5..

China’s EV brands have Europe’s luxury marques in their sights: Zeekr executive

Luxury electric vehicle (EV) brands from China are poised to enter the same elite tier as established European marques by leveraging their disruptive technologies, according to Chinese EV maker Zeekr. “There is a gap between the demand for electric luxury cars and the supply, where Chinese carmakers have an edge,” said Zeekr vice-president Mars Chen. “I believe there will be one to two Chinese brands among the global top five [luxury vehicles].” With German giants Mercedes-Benz, BMW and Audi...

Chinese scientists create battery that works comfortably way above water’s boiling point

Chinese scientists have developed a tiny, ceramic-based lithium-ion battery that can withstand extreme heat, offering a safer power source for smart sensors, aerospace gadgets and military applications. Unlike flammable traditional lithium-ion batteries, this rechargeable solid-state battery operates stably up to 150 degrees Celsius (302 degrees Fahrenheit) and can withstand brief thermal shocks of up to 300 degrees Celsius without compromising performance. The Tsinghua University-led team said.

Hong Kong urged to export food culture as Cantonese restaurants hit hardest by slump

Hong Kong must step up efforts to export its food culture and promote its culinary heritage, industry leaders have said after a recent study found that Cantonese restaurants have borne the brunt of the sector’s slump. Data released this month by the Legislative Council Secretariat’s research office showed earnings for Chinese restaurants in the first quarter suffered the sector’s steepest contraction in revenue, plunging 27.9 per cent from HK$13.44 billion (US$1.7 billion) in 2018 to HK$9.7...

Entry into the state: Get out of KNDS!

In terms of industrial policy, the German government's entry into KNDS is the right thing to do. But it can only be a short intermediate step.

Singtel sells $773 million Thai energy stake as it ramps up AI and data center investments

Southeast Asia's largest telecom operator sold 2.8% stake for about S$1 billion in Gulf Development.

China and Africa’s evolving partnership

Artificial intelligence: Softbank founder rejects Musk's plans for data centers in space

With SpaceX, Elon Musk wants to move the data centers for AI into space. From Masayoshi Son's point of view, this project promises little success. Above all, he sees disadvantages.

Brexit 10 years later: How the UK economy and politics changed, in charts

Ten years after the Brexit vote, CNBC compiled these charts show how the U.K. has changed across growth, immigration, sterling, trade and politics.

USA and Italy: Rome cancels trip to the USA: Meloni's break with Trump

Sharp words from Washington – and a surprisingly harsh reaction from Rome. Italy's Prime Minister Meloni is trying to use the conflict with Trump for domestic political purposes.

Why Singapore lawyers don’t last beyond courtship phase: ‘so much pressure’

The breaking point for former Singaporean lawyer Dominic Low was when he had just got home past midnight and his boss asked him to respond to an international client. This meant he had to return to the office and work till 2am. He was into his second year of a corporate law career and decided that very night that the job was not for him. “Everyone was under so much pressure and just expected to deliver at the cost of their personal life and mental health,” Low, 35, said. Despite leaving the...

Business ticker: SpaceX shares fall by 16 percent

RWE wants majority in transmission system operator Amprion +++ VW manager Obrowski is to become the new CFO of Deutsche Bahn +++ Brudermüller for 40-hour week +++ News in the company live blog.

Oil Prices Continue to Slide as Peace Talks Progress

Crude oil prices extended their decline today, with Brent crude sliding to $77.51 per barrel at the time of writing, and West Texas Intermediate at $73.62 per barrel, on reports that the United States and Iran were making progress in their peace talks. The latest updates from the negotiations table include a report that the United States will waive sanctions on Iran’s oil industry for the 60-day duration of the cessation of hostilities agreed earlier this month. The two parties also agreed on a

Algae-filled Washington pool to be drained for repairs after US$14.7 million renovation

The Lincoln Memorial Reflecting Pool on Washington’s National Mall is set to be drained again for repairs after algae and peeling paint appeared just weeks after a US$14.7 million renovation, while President Donald Trump threatened prison time for anyone caught ‌damaging the pool. The DC Water authority issued a permit to drain the 609-metre rectangular pool, it said on Monday, while the repair company said it would fix the pool as part of its warranty. Peeling paint and algae growth have been..

FSD: US authorities investigate fatal Tesla accident in Texas

A 76-year-old drove a Tesla Model 3 into a house. Did she use a self-driving system? The US authorities are investigating the incident.

Anyone who takes precautions is stupid

In itself, taking precautions and putting something aside for a rainy day makes sense, but in Germany you will be punished for it. Let's assume you and your neighbor earn the same, but you save 10% of your salary, while your neighbor throws everything out the window for consumption. Regardless of whether you are in need of nursing care or lose your job and cannot find anything new for a long time, you have to pay for it yourself with your assets, while your neighbor, who could also have saved, is borne by the state (too

Car market: Sales of electric cars in the EU are increasing significantly - the e-bike boom is slowing down

Electric and hybrid cars continue to drive the EU car market. Sales of pure combustion engines are falling, while battery cars are increasing sharply. One in five new cars is now an electric car.

Should I take losses or hold for long run?

I’m in 10k and down to 8.5k now. My parents asked me how SpaceX actually makes money after the stock dipped a little and I honestly had a hard time explaining it~~ Like I know they launch rockets and satellites and stuff, but then I started talking about Starlink, government contracts, reusable rockets, Mars, internet from space, and somehow I sounded less convincing the longer I talked. Help guys. submitted by /u/bobbyvlx [link] [comments]

EU and Hong Kong in talks on new financial services dialogue, envoy says

Senior officials from the European Union and Hong Kong are in talks to launch a financial services dialogue, with companies from the bloc keen to explore opportunities in the Northern Metropolis, its top representative in the city has said. Ambassador Harvey Rouse, head of the EU Office in Hong Kong, made the remarks at the Greenway 2026 forum on Tuesday, where he highlighted opportunities for cooperation on sustainable innovation and the green transition. In a keynote address, Rouse said Hong..

Tourists in China call locals smelly, Philippine school shooting: 7 Asia highlights

We have selected seven stories from the SCMP’s coverage of Asia over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Malaysian tourists in China scorned for calling locals ‘smelly’ A group of Malaysian tourists is facing intense backlash for filming strangers and mocking locals in China as “smelly”, sparking debate on travel etiquette and national image. 2. Indonesia market sell-off...

Injury break: After Schlotterbeck's World Cup exit: 5 questions about torn ligaments

A torn medial ligament in his ankle means Nico Schlotterbeck is out of the World Cup. Torn ligaments are anything but rare; a twist can be enough. A doctor reveals the trick that can be used to reduce the risk.

Comment: Everyone is talking about pensions - but there is an education crisis in Germany

The proportion of those leaving school without a qualification is increasing. That's more than 50,000 young people in one year group. But this remains strangely underexposed in the reform debate.

Car market: Sales of electric cars in the EU are increasing significantly - Chinese are increasing

Electric and hybrid cars continue to drive the EU car market. Sales of pure combustion engines are falling, while battery cars are increasing sharply. One in five new cars is now an electric car.

Global M&A deal value on track to reach $4 trillion this year: PwC

Global deal value of M&A is on track to reach $4 trillion in 2026, making it the strongest year since 2021

One Glitch Away From a Crash - The Extreme Volatility of Today’s Trillion-Dollar Tech Giants

The stock market faces a new era of unprecedented volatility as multi-trillion-dollar tech titans like SpaceX, OpenAI, and Anthropic continue to reshape major indices without traditional earnings to anchor their valuations. Lacking steady cash flows or price-to-earnings ratios to justify their pricing, these stocks trade entirely on future narratives and hyper growth expectations. The broader market is becoming hyper sensitive to headline shocks; a single technical glitch, rocket failure, or AI

Breturn: Ten years of Brexit – what stands in the way of Great Britain returning to the EU

A summit should repair much of the damage caused by Brexit. But it's not just Prime Minister Starmer's resignation that is making the talks complicated. One factor: Nigel Farage.

+++ Business figures +++: Brenntag raises profit forecast for 2026

Home improvement store group Hornbach makes more sales +++ Tonies aims to double sales by 2030 - shares in plus +++ Lululemon lowers annual targets +++ The news blog.

Models of reform: “Scandinavianizing” the German welfare state!

The crisis of the 1980s triggered an ideas competition between Sweden, Denmark and Norway in which new things were constantly tried out. Successfully.

Commission recommendation: This is how great the resistance to the Swedish pension is

The proposal for a capital pension received much applause, including from industry. But employers are blocking themselves. They reject the approach, similar to the unions. The coalition faces a tricky balancing act.