Finance news

AI buildout gives tech investors new reasons to watch bond market

Tech giants are depleting cash reserves and raising debt in their ambitious data center buildouts, a dynamic that's forcing investors to watch interest rates.

◇ unclassifiedusa

Google shake-up highlights how human brains may be the scarcest AI resource of all

Despite a growing pool of research talent, not many have the experience of building and scaling AI, experts say.

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Poland: Russian secret service suspected of killing an artist

The Russian artist Semyon Skrepetsky expressed harsh criticism of the Kremlin and Russian nationalism. On Monday he was murdered in exile in Poland. There are parallels to the Tiergarten murder.

Zalando: No agreement on a social plan at Zalando in Erfurt

Negotiations on a social plan for the Zalando logistics center in Erfurt have collapsed. What that means for the around 2,000 employees.

Online mail order company: No agreement on a social plan at Zalando in Erfurt

Negotiations on a social plan for the Zalando logistics center in Erfurt have collapsed. What that means for the around 2,000 employees.

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Ideas: Shifting finances into marriage?

Hello, my husband said that he is dissatisfied with our financial division and somehow we cannot find a common denominator of comfort regarding our financial situation. Since our marriage is not the easiest and there is always a possibility of separation, I want a fair division that both of us feel comfortable with. The goal is of course to maintain our marriage, but I still want to consider the worst-case scenario. Investments etc. are important to him, while I'm concerned with finance

Social◇ unclassifiedgermany · europe

Parties: Pantisano sharply attacks Merz and the CDU

In a video interview, the candidate for the Left chairmanship calls the Union in the same breath as “fascist politics” - a formulation that he himself promptly describes as shortened.

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Post from the BMF about middle class relief - taxes continue to rise and for the rest we should just read the newspaper

Hello everyone, some time ago I submitted an official petition to the Bundestag to draw attention to the high burden placed on middle incomes by taxes and social security contributions. I was particularly concerned with the progression of special payments such as vacation and Christmas bonuses, of which, as is well known, hardly half is often left. Today I received the response from the Petitions Committee together with the statement from the Federal Ministry of Finance. Since the topic

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◇ unclassifiedgermany · europe · china

China's currency: A fair yuan exchange rate could bring Germany billions

In order to make exports cheaper, China has been preventing its currency from revaluing for years. If the yuan were fairly valued, German gross domestic product would probably be billions of euros higher.

◇ unclassifiedgermany · europe · usa

Digital sovereignty: “Technology policy is now global power politics”

The USA has blocked AI services for non-US users. Accenture expert Tobias Regenfuß explains why this is not an isolated case - and what companies need to do now.

Prosperity debate: Germany has 82 percent of US wealth – which key figures really count

Is prosperity in Germany crumbling more than in other countries? Economists argue about the correct standard of comparison – and the role of the middle class.

Gastro tax: Schnitzer calls for the gastro tax reduction to be revoked

A lower catering tax should help the industry out of the crisis. Monika Schnitzer takes stock and calls for it to be suspended again.

Plant breeding: Bring on green genetic engineering!

The European Parliament has cleared the way for new breeding methods. Progress can finally take hold in Europe.

◇ unclassifiedmiddle-east · usa

Scatec Says Solar Project Can Save Egypt $400MM from LNG

Scatec's Obelisk solar and battery storage project in Egypt can save the country as much as $400 million a year in liquefied natural gas imports, according to CEO Terje Pilskog.

◇ unclassifiedchina · asia

Suspect arrested after man attacked with rock in alleged attempted robbery

Hong Kong police have arrested a man in connection with an attempted robbery at Kai Tak Cruise Terminal, where the victim was allegedly attacked with a rock early on Saturday. Police said that a 36‑year‑old man reported that he had been assaulted while parking his car at the terminal at about 4.10am. The assailant allegedly hit him with a rock in an attempt to rob him but fled empty‑handed, police said. The victim later drove to Tsing Yi Road in Tsing Yi and called police. The victim sustained..

◇ unclassifiedgermany · europe · russia

Comment: Putin's weakness makes him dangerous

EU politicians fear that Russia's president will escalate the war under growing political pressure. But none of the three conceivable options seem particularly attractive to him.

◇ unclassifiedgermany · europe · china

Chinese monetary policy: A fair yuan exchange rate could bring Germany billions

◇ unclassifiedgermany · europe · usa

Diseases: Dangerous bird flu for the first time on Australia's mainland

For a long time Down Under was spared from the currently widespread bird flu: now the virus, which has infected millions of birds worldwide, has finally spread to all continents on earth.

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+++ Iran War +++: Pakistan's Interior Minister for talks in Iran

Ten dead in Israeli air strike in Lebanon +++ USA and Iran want to initiate talks +++ Iran publishes procedure for passage through the Strait of Hormuz +++ The news blog.

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Security component gold - when to put it in?

Hi dear financiers, I started financing in 2023 and am saving a relatively classic world ETF (ACWI IMI) as well as three other individual stocks as a core satellite portfolio. The portfolio now amounts to around 35k with an internal rate of return of 20%, so everything is great on the front. Unfortunately, since I don't earn that much and sooner or later stocks will experience a setback, I would feel more comfortable adding a security component. REITs or

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Insight Innovation: The Bundeswehr’s “battle clouds”: How IT works in war

Mobile data centers, drones, satellites and still the field telephone: data determines the battlefield. A visit to an IT combat team.

◇ unclassifiedchina · asia · taiwan

Beijing planning more surveys east of Taiwan to assert sovereignty, state media reports

Beijing will make maritime surveys in the waters east of Taiwan a routine matter as it seeks to assert its sovereignty following talks between Japan and the Philippines, state media reported on Friday. An article published by Yuyuan Tantian, a social media account affiliated with state broadcaster CCTV, said mainland China was “diversifying” its claims to the waters with a range of activities, ranging from military drills and coastguard patrols to natural resources surveys. It added that more...

◇ unclassifiedgermany · europe · uk

Ukraine: Kiev Presidential Office Chief Refrains from Polish Honor

In a dispute, Polish President Nawrocki decided to withdraw Poland's highest award from his Ukrainian counterpart Zelensky. Now the situation is escalating further.

◇ unclassifiedchina · asia

At least 30 deaths at DR Congo camp show Ebola could be spreading fast

At least 30 people have died since the start of May in one camp for displaced civilians in northeastern Congo, a death rate that camp officials said was unprecedented, with some confirmed to have died from Ebola in a sign the disease could be spreading fast there. It was not possible to confirm the causes of all the deaths because patients or their relatives in Kigonze camp in Bunia – the epicentre of the Ebola ‌outbreak in Democratic Republic of Congo – had until Thursday refused testing, a...

Gastronomy: Shitstorm and franchise bankruptcies: How the burger chain Hans im Glück is fighting its way back

After many setbacks, the burger grill has freed itself from legacy issues. Managing director Johannes Bühler explains why the chain is now also looking for luck on the motorway.

Takeover: The “Messi” of German lawyers and the takeover turmoil surrounding Commerzbank

The Italians have achieved a stage victory in the drama between Commerzbank and Unicredit. What helped: a German lawyer working for Unicredit.

◇ unclassifiedchina · asia · germany

1 killed as freight train plunges from bridge in Germany after crash

One person died after two freight trains collided on a bridge in Munich overnight, causing loaded cars to plunge to the road below, police said on Saturday. Two cars of one train fell about 5 metres (16 ft) from a bridge and came to rest at round 1.40am, according to a spokeswoman. It was unclear what caused the collision on the bridge, which caused one of the trains to derail. The nature of the cargo was initially unclear, however police stated it was not hazardous material and that there was..

Relaxation on vacation: Why a day at the beach doesn't improve your well-being

Researcher Ryan Grant has discovered how the optimal vacation works. And can explain why a lot of relaxation doesn't do much good.