Finance news

UK inflation holds steady at 2.8% in May

The Bank of England is due to update its monetary policy on Thursday.

G7 promises to support Ukraine and sanction Russia in joint declaration

U.S. President Donald Trump signed the common statement after leaders in Evian unexpectedly converged on backing Kyiv. "We, the Leaders of the G7, stand united in our unwavering support for Ukraine in defending its freedom, sovereignty, and territorial integrity," they said in a declaration published on Wednesday shortly after midnight. submitted by /u/Any-Original-6113 [link] [comments]

Ranking: The best private fund pension insurance in 2026

Those who make private provision can maintain their standard of living in retirement. Fund-based insurance combines lifelong payments with capital market opportunities. Which policies perform well.

CNBC Daily Open: AI protectionism opens new front for G7

G7 attention shifts to AI as the U.S. imposes protectionist policies on access to certain models.

Samsung sees rising chip production requests from BYD, Google, AMD: sources

Lululemon issues China apology after Great Wall yoga event draws criticism

Yum China's $1.2bn Pizza Hut purchase draws cool response from investors

Mynt, parent of Philippine e-wallet giant GCash, files for an IPO

Business ticker: Crisis in China and Iran war: BMW cuts forecast significantly

AI agent Copilot Cowork now costs per application +++ New billing method at Microsoft +++ SpaceX wants to buy AI start-up for 60 billion dollars +++ News in the company's live blog.

Zheng Yuxiu: modern China’s ‘xia nu’ assassin and first female PhD who fought for justice

A revolutionary who once declared she was “no bird in a cage” became both an assassin and China’s first female doctor of law. Born in 1891, Zheng Yuxiu grew up in an influential household. Her father served the Qing (1644–1912) government, her grandfather was a Hong Kong merchant, and her well-educated mother came from a military family. From childhood, Zheng showed a defiant independence rare for her time. After moving to Guangzhou in southern China, she attended a local school and successfully

Ranking: How entrepreneurs and self-employed people can best prepare for retirement with tax advantages

Many self-employed people provide for their old age with the basic pension. This way you can build up wealth with tax support. Which offers are worthwhile and are the safest.

Oil Tankers Reverse Course on Hopes of Hormuz Reopening

Two tankers that were heading to Africa have changed course and are now moving to the Middle East, Bloomberg reported today, citing ship-tracking data. One of the tankers, a Suezmax, which was originally sailing for Gabon, is now signaling its destination as Fujairah, the UAE port just outside the Strait of Hormuz, Bloomberg said. The other vessel, a very large crude carrier, was originally en route to South Africa but is now also signaling Fujairah as its destination. News about a peace deal be

Markets: DAX expected to be lower – Fed decision in sight

The Dax is likely to start weaker. Investors are waiting for the first interest rate decision under the new Fed chief, while rising inflation is slowing in the US and the euro zone.

Demographics and digital life: Fewer babies thanks to iPhone

Where the iPhone is introduced, fewer children are born. That also has its good side.

+++ Iran War +++: Cabinet apparently wants to decide on deployment in the Strait of Hormuz next week

Trump criticizes Israeli actions in Lebanon +++ US peace agreement apparently allows Iran to sell oil immediately +++ Trump open to review of Iran agreement by US Congress +++ The news blog.

New UK party emerges as a threat to Farage. And, it’s even more far-right

A new political party called Restore Britain is threatening the rise of Nigel Farage’s hard-right group, with a tougher anti-immigrant stance and the backing of tech trillionaire Elon Musk. Led by businessman and ex-football chairman Rupert Lowe, Restore is tipped to deprive Farage’s Reform UK party of victory over the ruling Labour Party in a crunch special election on Thursday. Lowe, 68, formed Restore as an alternative on the right of British politics in February following his split from...

KfW chief economist Dirk Schumacher: “The financial situation of municipalities has never been as bad as it is today”

High deficits, growing cash loans, greater investment backlog - this is what the KfW Municipal Panel 2026 shows. Chief economist Schumacher on municipalities that are no longer able to maintain their existing buildings despite investments.

Banks: NLB increases its offer to 37 euros in the bidding war for Addiko Bank

In the bidding war for Addiko Bank, the Austrians beat the competition. With the majority of the shares, the reorganization of the business in Southeastern Europe is getting closer.

+++ Ukraine war +++: G7 want to increase pressure on Russia with new sanctions

Russian frigate apparently fires warning shot in the English Channel +++ Lukashenko: Russia and Ukraine must make compromises +++ The news blog.

Iran Can Shut Strait Of Hormuz 'At Will': US Intel Report

A US intelligence report warns Iran can now shut the Strait of Hormuz 'at will.' This vital waterway handles nearly a fifth of global oil shipments, giving Tehran unprecedented power to disrupt energy supplies and trade. Analysts say this leverage rivals the impact of nuclear weapons in reshaping regional dynamics. submitted by /u/Aware_Apartment_8959 [link] [comments]

Three Iranian tankers exit U.S. blockade for first time in months as shipowners eye Hormuz in 'wary disbelief'

At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade.

Digitalization: Germany and France define digital sovereignty criteria

Cloud, AI, data infrastructure – Germany and France want to reduce critical dependencies on digital technologies. With the criteria they give the European Union the direction.

Dependency and overregulation: Europe needs the tech turnaround

The US government's decision to suspend access to Fable 5 and Mythos 5 clearly demonstrates to many Europeans our dependence on top foreign AI models.

Nikkei, Topix, Hang Seng: Investors look to Warsh's Fed premiere - Nikkei is gaining

The Japanese leading index is approaching its record of 70,000 points from the beginning of the week. However, the markets are not driven by impulses from Asia.

For traumatised Indian sailors, Hormuz reopening brings little relief

Captain Raman Kapoor was loading oil at an Iraqi port when word reached him that the United States and Iran were at war. Within hours, his tanker was trapped north of the Strait of Hormuz with 24 crew members aboard, as missiles began arcing across the sky overhead. “We were stuck inside the war zone and everyone was so scared and clueless about what to do,” Kapoor, 48, recalled. “We all felt so trapped. We were helpless, totally helpless.” He and his crew would stay that way for 75 days. The...

Cigarettes, football and Greenland: G7 hot mics reveal world leaders’ banter

The leaders of the world’s richest democracies are talking about how to tackle some of the world’s biggest problems this week, but hot mics at the G7 summit revealed that conversations also covered lighter fare. Sports. Cigarettes. The weather. And something about Greenland? As world leaders made their way into conference rooms at a lakeside resort, microphones set up for their weighty discussions about war and trade often caught off-the-cuff banter. Meloni quit smoking Italian Prime Minister...

Morning Briefing: The three hidden risks of the stock markets

The stock markets are rushing from record to record, the rest of the world is in crisis. How does that fit together? Prominent financial supervisors warn that there are fewer and fewer. And give reasons.

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. The clips, which also appeared to show the visitors shouting insults in Malay while travelling in the country, were allegedly first posted on TikTok by user @ekyn.wong. They were later deleted from the account when checked by This Week in Asia, but not before going viral on Malaysian social media, where users panned what..

Hidden Champions: Why China is courting German medium-sized companies

Germany’s “hidden champions” are particularly interesting for Beijing. As role models – and as investors.

USA-Iran peace agreement: Can a nuclear agreement succeed in 60 days, Mr. Lucas?

Diplomat Hans-Dieter Lucas negotiated with Iran on behalf of Germany. In the end there was the Vienna nuclear agreement. In the WiWo conversation he looks at Trump's new attempt.