Finance news

Australia, Canada sign $1.75B agreement for Over the Horizon Radar system

This is the largest Australian defense export to date, Canberra said.

Greek Energy Pulls In $26B As Europe Scrambles To Replace Russian Gas

Billions of dollars in investments are flowing into Greece’s energy sector as the country tries to establish itself as a vital energy transit hub for Central, Eastern, and Southeastern Europe as the European Union prepares to completely phase out Russian gas imports by 2027. According to To Vima Finance, over €23 billion (~$26.3B) from major international investment funds and high-profile global entities including BlackRock, Capital, Covalis, QIA and K Group has poured into Greece's energy secto

European Central Bank’s President Lagarde urges talks on yuan undervaluation

European Central ⁠Bank President Christine Lagarde ⁠on Monday urged global leaders to discuss undervaluation of the Chinese currency as a facet of the imbalances endangering the global economy. China has ‌consistently denied that it manipulates its currency for trade advantage but its surging trade surpluses are one of several macroeconomic mismatches worrying leaders of the Group of Seven (G7) nations who met last week in ⁠France, along with chronic US deficits and Europe’s...

Japan seeks AI alliances with France, India to curb US-China dominance

China expo draws Nvidia, Apple, Micron as Beijing guards AI supply chain

Japan, France cooperation extends to rare earths, seeking non-China sources

Yen jumps on reports of Katayama-Bessent talks

Japan swamped with over 200m duty-free low-value shipments

USW will ensure Nippon Steel follows through on investments: official

Capacity is the new capability

[Sponsored] Production speed is combat power, and industry must meet today’s threats while accelerating and adapting capabilities to keep the edge.

The Oil Crisis Is Far From Over

The outline of conditions and topics for a negotiated settlement of the U.S.-Iran conflict, called a Memorandum of Understanding (MOU) and signed by both sides last week, in all probability won't prevent the approaching energy cliff. That cliff will be the result of fast-depleting commercial and strategic inventories of oil and oil products around the world that have acted as buffers in the wake of the suspension of almost all tanker traffic through the Strait of Hormuz during the conflict - tan

Electricity highway: RWE wants majority in transmission system operator Amprion

Network operators are essential for the energy transition. The energy company RWE now wants to take over the majority in a company.

Mexican president seeks to restart oil shipments to Cuba as island’s crises deepen

Mexican President Claudia Sheinbaum said on Monday that her country seeks to restart oil shipments to Cuba soon, a move that could provide much-needed relief as the island’s crises deepen given a lack of petroleum. Sheinbaum said her administration would seek to send the oil via commercial and privately owned firms instead of state-owned companies as it has done in the past. Mexico became a key fuel supplier to Cuba after the US attacked Venezuela in early January and halted critical oil...

Depot comparison 2026

https://www.finanzfluss.de/vergleich/depot/ I was thinking about switching my depot from my old provider and was looking for a new one here. What surprised me extremely: The S-Broker takes fourth place, well ahead of Trade Republic. Very low costs, large selection of trading venues (including American and Asian ones, i.e. trading around the clock), huge number of ETF savings plans, many investment products and interesting order options (significantly more than pure limit orders, e.g. One Canc

Hormuz crisis sparks a Middle East pipeline boom

submitted by /u/MARTINELECA [link] [comments]

Porsche: Porsche boss is planning with fewer variants: “Our portfolio has become too complex”

Michael Leiters will apparently announce new cost-cutting measures at the sports car manufacturer's general meeting on Tuesday. However, Porsche is set to expand its offering for certain models.

Senate poised to advance housing bill to limit private equity purchases of single-family homes

Both chambers of Congress are expected to advance a sprawling housing package this week that's aimed at creating more supply and making homes more affordable.

Three key AI stocks to watch this week with traders expecting giant moves

Micron and Cerebras report this week. Also there's heavy options activity in Super Micro.

Auto industry: Porsche boss Leiters puts the red pencil on car models

Porsche wants to slim down its model portfolio and reduce costs. Shareholders sharply criticize the strategy and the fall in share prices, and returns remain under pressure.

EXCLUSIVE: Inside the secret struggles of the Air Force’s T-7 Red Hawk

From a weather restriction to a “serious” airworthiness risk, the Air Force’s newest training jet faces far more issues than previously reported, an investigation by Breaking Defense found.

Who is Andy Burnham? And 4 other things investors should know as the UK replaces its prime minister

Keir Starmer’s exit puts Andy Burnham, gilts, sterling and the next UK chancellor in focus for investors.

Quarterly figures: Chemicals trader Brenntag raises profit forecast for 2026

Brenntag is benefiting from the turmoil in the Middle East and is significantly raising its profit forecast for 2026 after a strong second quarter.

Saudis Turn to Russian Fuel Oil as Iran War Saps Fossil Power Supplies

Saudi Arabia continues to snap up high volumes of Russia’s fuel oil as the Hormuz crisis has forced shut oil and gas wells and reduced domestic supply for power generation amid rising temperatures. Russia’s vessel shipments of fuel oil and vacuum gasoil (VGO) slumped in May by some 6% from April, due to the continued Ukrainian strikes on Russian energy infrastructure, Reuters reported on Monday, quoting shipment data on LSEG and traders. Despite the overall decline in Russian fuel oil exports, t

Clive Davis, towering music executive who reshaped American sound, dies at 94

Clive Davis, a former corporate lawyer who became one of the most influential figures in American rock and pop music as he fostered the careers of Bob Dylan, Whitney Houston, Janis Joplin, Aretha Franklin, Bruce Springsteen and other stars, died ⁠on Monday at the age of 94, The New York Times reported, citing ⁠his family. Davis, who was known as “the man with the golden ear” for his ability to identify potential hit ⁠songs, died at his home in Manhattan, the daily reported, having recently been.

Alphabet paces for worst day in a year on AI concerns after high-profile exits

Google parent Alphabet has seen consecutive high-profile artificial intelligence researchers leave.

China’s weird new economic spark: toy elves and robocops

Young Chinese aren’t buying status symbols. They’re spending money on things that make them feel something — anything.

Alphabet sees $269 billion market-cap wipeout as investors fear it’s losing the war for AI talent

Two AI leaders, including a Nobel laureate, recently said they would leave Google for rival labs.

Meta's WhatsApp head to step down, will be replaced by Indian fintech founder Kunal Shah

Will Cathcart will step down as the head of WhatsApp and move into another role at the company. Kunal Shah will take over.

The Race to Revive Venezuela’s Vast Oil Wealth Is Underway

After Washington snatched Venezuela’s authoritarian president, Nicolas Maduro, in a daring January 2026 night raid, the country’s long road to recovery began. Under the leadership of Maduro’s former vice-president, Delcy Rodriguez, economically crucial oil production and exports are rising. President Trump is pressing Caracas to raise output, all while the U.S. president urges big oil to invest in the near-failed state. While doubts linger over whether production can return to historic highs, Ve

Army picks Anduril to lead Next Gen C2 common data layer baseline

The company had been prototyping the “full stack” with 4th Infantry Division over the last year.