Finance news

Varta: Restart or break up – Varta's future will be decided this summer

A Swiss businessman promises to solve Varta's debt problem. New factories and 2,000 jobs are to be created. Is that realistic?

When Will Gasoline Prices Return to Pre-War Levels?

Gasoline prices have started to fall, and that is welcome news for drivers. After months of pain at the pump following the war with Iran and the disruption of traffic through the Strait of Hormuz, even modest relief is noticeable. But falling from crisis levels is not the same thing as returning to normal. That distinction may define the next several months in the oil market. The developing U.S.-Iran agreement has given traders a reason to mark down crude prices. Markets are forward-looking, and

+++ Iran War +++: USA suspends sanctions against Iranian oil

Qatar reports explosion when restarting LNG plant +++ Lebanon's president discusses ceasefire with Vance +++ USA and Iran agree on approach for final agreement +++ The news blog.

Coalition and reforms: Commission recommends: Pension only from age 64

The pension commission's proposals are partly criticized and partly praised. There is a lot of explosive material in the 33 recommendations. The rules that are to be changed affect many people directly.

How can a person coming from a sanctioned country invest for their retirement abroad?

I realize this may be a difficult question without further details, but I'm hoping someone with experience in cross-border investing or changing residency status might be able to share some insights. How are long-term investment accounts typically affected when an investor's legal residence status changes? For example, if someone is investing through a brokerage in their country of residence and later loses the right to reside there (due to a job change, visa expiration, relocation, etc.), what

Company: Carl Zeiss increases stake in medical technology subsidiary

The mechanics group from Baden-Württemberg is strengthening its stake in Carl Zeiss Meditec. However, there are no plans to delist the subsidiary.

DKB When it comes down to it, useless.

Long-time DKB customer because of the conditions for withdrawing abroad and exchange rates in non-EU countries. Situation: Traveling for several months in Southeast Asia. Current account with DKB, DKB debit card, DKB credit card. I blocked my DKB credit card last week (Thursday) because it was skimmed (test withdrawal went through, I then blocked the card and tried to withdraw more. So good so good, it happened..) Replacement card was automatically issued and you can then use it in the app

Technology in summer: Heat stresses cell phones and laptops - this is how you protect your devices

Batteries age faster, displays fade, memory fails: summer sun and high temperatures make life difficult for your devices. With these 9 tips, smartphones etc. stay cool.

Iran agrees to invite IAEA inspectors back, says US

Tehran has agreed to invite International Atomic Energy Agency inspectors back into the country, US Vice-President J.D. Vance said on Monday, after a first round of US-Iran talks towards ending the Middle East war. “The Iranians have agreed to invite IAEA inspectors back into their country,” Vance told reporters at Switzerland’s isolated Burgenstock resort, where his talks with Iran’s chief negotiator Mohammad Bagher Ghalibaf opened on Sunday. “That is a major milestone for the American people..

Frozen Iranian assets could be used to buy US soybeans in ‘classic Trump deal’: Vance

Iran should use funds unlocked by Washington to buy US agricultural products, according to Vice-President J.D. Vance, who said on Monday it would help feed the country’s population while making American farmers richer. Iran has not indicated whether it would accept the terms. Vance credited US President Donald Trump’s son-in-law Jared Kushner with the idea, which he described as a “very, very good, and very classic Trump deal”. The White House is seeking export markets outside China ahead of the

Low-cost airline: Easyjet resists takeover offer

What will become of Easyjet? The US investor Castlelake wants to buy the airline, but it rejects it. Castlelake is combative. Lufthansa's competitor Air France-KLM could also play a role.

Hong Kong cockatoos could help save Indonesia’s endangered species, study shows

Hong Kong’s wild yellow-crested cockatoos may hold genetic traits that could help save the critically endangered species in Indonesia, a study has found. The study, published in the Evolutionary Applications journal in May, underscored the importance of conserving the city’s cockatoo population. Lead author Astrid Andersson from the University of Hong Kong’s school of biological sciences described these birds as a “backup”, preserving lineages of subspecies that may no longer exist in the...

Companies are demanding states cut red tape. Data center-wary voters may think differently

Pennsylvania Gov. Josh Shapiro touted a $20 billion economic development deal last June, the state's largest ever. It's caused Shapiro no shortage of grief.

Insurance: Complaints about insurers are increasing significantly again

The insurance ombudsman takes significantly longer to process the cases. The arbitration board is also demanding more money from insurers.

Automation vs autonomy: What will shape the future of battlefield drones?

[Sponsored] While humans must stay in the loop for kinetic decisions, empowering drones to operate autonomously is a force multiplier.

China’s green exports to the US surge as AI boom, Iran war lift demand

China’s exports of green-energy and battery products to the United States have accelerated amid demand in America’s fast-expanding AI sector, as cooling trade tensions and energy-security fears linked to the Iran war boost global appetite for renewable-energy equipment. Energy-related products posted some of the strongest gains among Chinese exports to the US last month, according to the latest customs data. Exports of unassembled photovoltaic cells surged 346 per cent year on year to US$39.96..

China Builds New LNG Hub as Russian Imports Surge

China is preparing a second terminal to receive sanctioned Russian liquefied natural gas (LNG), as the country’s gas imports surge. According to an exclusive report by Reuters, the newly built Longkou LNG terminal in eastern China's Shandong province is being lined up to receive LNG from Russia’s $21-billion Arctic LNG 2 project. Operated by the state-owned pipeline monopoly PipeChina, the Longkou terminal has completed its mechanical building phase and is expected to be fully operational before

What's the deal with that ETF that 3 companies make 52% of it? - IUIT - S&P 500 Capped 35/20 Information Technology

I was looking for some IT ETF and came across IUIT. I was a bit shocked when I checked holdings, top 3 are: NVIDIA Corp. 22.37% Apple 16.84% Microsoft 14.37% What's the deal with that ETF that they decided to go so heavily with those 3 companies? What makes it even more confusing is that Google isn't even in top 10 (was not checking if it's included in that ETF at all). What am I missing here, as so far it is probably the weirdest ETF I saw. Thanks in advance for some clarification. submitted by

Wall Street: The Hidden Rhythm of Markets - a conversation about cycles

In this episode, Markus Koch and Lars von Thienen talk about the markets with Dr. Richard Smith, Chairman and Executive Director of the Foundation for the Study of Cycles.

The man who knew, but didn't say: Alan Greenspan (1926-2026)

Alan Greenspan’s reputation as head of the US Federal Reserve was legendary — not least because of his reputation for convoluted statements. However, the 2008/9 financial crisis took a toll on his standing.

Pharmaceutical industry: Abbvie acquires biotech company Apogee for $10.9 billion

With its largest acquisition in more than five years, Abbvie is strengthening its own drug pipeline. By purchasing the company, the pharmaceutical company is securing access to several active ingredients.

Var Energi Realigns Stakes offshore Norway

Var Energi signed agreements to acquire Pandion Energy's remaining interests offshore Norway, swap stakes with DNO and farm down its operated Goliat and Fenja fields.

Pension reform: How young and old are affected by pension plans

The planned pension reform should affect everyone - no matter how old. On almost 80 pages, the Pension Commission has listed proposals that are tough. What lies ahead for the generations?

Best options (low risk and for beginners) to keep 15k of savings for a year?

Hi, I'm new to investing, I have 15k on an account that I plan to keep untouched (and continue to save on it) for a year, after the year I will need the money. Currently have it in a savings account where it is earning 2%, so below inflation. I currently do not have a lot of time to nerd out on this stuff or do super complicated strategies, what is something safe and simple? even if its not the best earnings, I just need to keep it above inflation. Chat GPT suggested Euro Money Market Fund (MMF)

S Broker Maintenance

Has the S Broker app been down for maintenance on both Android and iOS since this morning? Something unusual on a trading day or does experience show that it happens more often? submitted by /u/Justzodiac [link] [comments]

UPS to invest $48 million in temperature-controlled facilities amid healthcare boom

UPS is announcing a new investment in healthcare logistics as demand for the temperature-controlled category booms, CNBC has learned exclusively.

Guest comment: The pension commission has done a good job - there remains a downer

The expectations weren't great. In the end, the committee surprises - with courageous recommendations that open up paths to a political agreement, writes Lars Feld.

Federal Reserve: Central Bank: Former Fed Chairman Greenspan dies

For years he was considered an oracle and maestro: For over 18 years, Alan Greenspan, as head of the central bank, ruled over the interest rate policy of the world's largest economic power.

China says it warned off multiple Japanese ‘provocations’ during aircraft carrier drills

China has accused Japanese warplanes and ships of carrying out multiple “provocations” and surveillance operations during a carrier group’s deployment to the western Pacific for live-fire exercises. State broadcaster CCTV released a video on Monday showing at least four “close-range” encounters, and said the Liaoning carrier group had “warned off” the warships and surveillance planes. It included footage of Japanese warships as well as clips of aircraft, at least one of which appeared to have...

Christine Lagarde: Hearing of the Committee on Economic and Monetary Affairs of the European Parliament