Finance news

Iraq Is Keeping Its Syria Oil Route—Even If Hormuz Reopens

Nobody, especially not Iraq, wants to be caught relying on Hormuz ever again. Iraq is preparing to export crude oil and naphtha through Syria's Mediterranean port of Baniyas, expanding an emergency workaround that emerged after the closure of the Strait of Hormuz disrupted the country's primary export routes and left storage tanks filling up. According to Reuters, Iraqi officials say the strategy will remain in place even after shipping through Hormuz returns to normal. That alone says plenty. I

After the framework agreement: new tensions between the USA and Iran before talks

After some back and forth, according to information from Pakistan, talks between the USA and Iran on a technical level will be held starting tomorrow. But fighting in Lebanon is causing new discord.

China Is Taking Its AI Boom Under the Sea

The data centre industry has taken off in the last few years, as tech companies look to develop the massive computing power needed to run complex operations, such as artificial intelligence. Thousands of data centres are being developed on land, but now, some countries are looking to establish innovative models in alternative locations, such as underwater. In May, China launched the world’s first wind-powered underwater data centre off the coast of Shanghai, with an investment of around $238 mil

Government advisor: Commission recommends: Work longer, stabilize pensions

The federal government has commissioned 13 experts to develop proposals for reforming old-age security. The Commission has agreed on a far-reaching concept.

US to field midrange missiles in Japan for joint drills

Pension: Commission wants to link retirement to life expectancy

The panel's report was eagerly awaited. The first of 33 recommendations are now becoming known - with far-reaching consequences for pension provision.

Trade republic 90 euro bonus can be combined with referring friends?

Currently there is apparently a bonus of 90 euros at Handels Republik if you make a 100 deposit and 3 trades in 21 days. But I can't find anything about whether this can be combined with the regular "recruit a friend". ​ Does anyone know anything? submitted by /u/Caliboros [link] [comments]

Old home pension: pay out and invest or keep

Hello everyone, I would like to get some quick advice from you. During my time in the hotel industry, my employer gave me a so-called taken out as a company pension plan. Only the minimum company deposits went into it and I never put anything into it myself. I haven't been there for a few years now and the contract was transferred to me at that time. A few key details: Contract from December 2002 Guaranteed monthly pension. in 06/2041: € 37.36 Or once

'Fun dads' get 5 things right about parenting that many people forget—'they're worth borrowing' this Father's Day, says expert

Many parents spend their days managing schedules, chores and responsibilities. This Father's Day, a parenting expert shares five "fun dad" habits that can increase joy and strengthen parent-child relationships.

Iran reportedly closes Strait of Hormuz again, casting shadow over nuclear talks

Iran's joint military command said the closure was in response to continued Israeli military operations in Lebanon.

Russia frees 24 Filipinos after Marcos speaks with Putin

Russia has freed 24 Filipinos who have been detained for months without charges in a Siberian city, after Philippine President Ferdinand Marcos Jnr raised concerns about them in a meeting with President Vladimir Putin, Philippine officials said on Saturday. The 24 were scheduled to arrive in Manila on two flights early on Sunday, with the first batch to be welcomed by Philippine Foreign Secretary Theresa Lazaro, who accompanied Marcos in his talks with Putin on Wednesday in the Russian city of..

Old-age security: Pension Commission recommends new capital pensions and higher age limits

The pension commission is ready and delivers ambitious recommendations. They are available to the F.A.Z. in advance. Will the big reform succeed now?

Pension Commission agrees: retirement age should increase, pension should go away at 63

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Dispute over history: Zelensky sends back Polish order

In a historical dispute, Polish President Nawrocki withdraws Poland's highest award from his Ukrainian colleague Zelensky. He is now sending the medal back by post.

Why Small Modular Reactors Are Becoming a National Security Priority

For decades, energy policy in Washington was debated on the basis of economics, climate change, and domestic politics. That era is over. The United States is entering a period where energy security must be recognized as a core pillar of national security and military readiness. The global competition underway with China is not just about trade or tariffs. It is about industrial capacity, technological dominance, artificial intelligence (AI), semiconductor manufacturing, and defense production -

Taxes: Business trips with a private car despite a company car - BFH sets strict tax rules

Anyone who has a company car can only claim business trips with their private car for tax purposes under strict conditions. The Federal Finance Court decided this in a current case.

The initial SpaceX frenzy is cooling off — but a new wave of cash is waiting to strike

SpaceX is expected to secure index entry in the coming days and weeks, unlocking a new source of investor demand after there’s been “striking” breadth so far.

Iceland resumes whale hunt amid protest

One of Iceland’s two remaining whaling ships set out this week to hunt the giant mammals after a two-year hiatus, local media and campaigners reported on Saturday. Iceland is one of only three countries that still openly permit whaling, alongside Norway and Japan – despite international opprobrium from the public and animal welfare organisations. A protester chained himself to the mast of the vessel before it left the port of Reykjavik on Friday. He climbed down in the evening and was escorted..

Technology: Why the Pope, of all people, is becoming a guide for AI

The most unmodern institution in the world addresses the most disruptive upheaval of our time. And manages to give atheists a guide with quotes from “The Lord of the Rings”.

Man suspected of 3 burglaries in Hong Kong arrested at airport

Hong Kong police have arrested a man in connection with three burglaries in Ma On Shan involving losses of more than HK$700,000 (US$89,750). Police said on Saturday that they received three burglary reports between April 26 and June 3, concerning two flats at the Sausalito private residential estate on Yuk Tai Street and a house in nearby Tai Shui Hang Village. All three homes showed signs of ransacking, with valuables, including gold ornaments and jewellery, and cash missing. The combined loss.

Amundi has announced that there will be a 1:200 split on the wet Amumbo (2x leveraged Nasdaq 100) on July 9th. At roughly +13200% since print, this is understandable. Then the price drops to ~€10 for a share of ~€2100. With a fund volume of 1.32 billion euros, it is currently the largest UCITS leveraged ETF.

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AbbVie would gain an experimental eczema drug by buying biotech: report

AbbVie is reportedly trying to buy a biotech company that is developing a promising atopic dermatitis drug for $10.9 billion in cash, according to a Financial Times report.

+++ Iran War +++: Negotiating delegation will travel to Switzerland shortly

Iran announces closure of the Strait of Hormuz +++ Hezbollah attacks Israeli troops near Nabatieh +++ Pakistan's Interior Minister for talks in Iran +++ The news blog.

Iran War: Fighting in Lebanon – Iran closes Strait of Hormuz again

The peace talks between Iran and the USA are not getting off the ground as planned. Now Tehran is depriving US President Trump of the prestigious success of having reopened the waterway.

Iran War: Anger over ongoing Lebanon War – Iran closes Strait of Hormuz again

The peace talks between Iran and the USA are not getting off the ground as planned. Now Tehran is depriving US President Trump of the prestigious success of having reopened the waterway.

Porsche boss Leiters: “I always had to fight for everything myself”

As Porsche boss, Michael Leiters brings a new toughness to the company. A conversation about honesty, clear statements - and inappropriate clothing in the office.

What is satire allowed to do?

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Child planning - division of care work/finances

Before describing my question, here is some background information: My husband (33, E13, 3000 net) and I (female, 34, A13, still €3800 net after deducting private health insurance) live in rent (small but very modern apartment in a larger city for €1500 warm including electricity, internet, radio). After I and my brother were born, my mother only ever worked a few hours, which is why she is now completely dependent on my father. She would like to separate, but can't because she...

Tehran closes Strait of Hormuz ahead of US-Iran talks in Switzerland

Iran dealt two quick blows to the interim agreement with the US on Saturday, angered by Israel’s continued attacks in Lebanon, saying it had closed the Strait of Hormuz and announcing that while its negotiators were going to Switzerland for talks, not much was likely to happen there. Key mediator Pakistan, meanwhile, said the technical-level talks would begin on Sunday in Burgenstock, Switzerland, with Qatari mediators also taking part. In Tehran’s first salvo, Iran’s joint military command said

The budget airline model in the U.S. is running out of runway

Spirit's bankruptcy as United and Delta fly high suggests there's more to success in airline industry than low fares, and failure isn't about jet fuel spikes.