Finance news

Dax current: Dax jumps more than 400 points after the Iran agreement

The planned agreement between the USA and Iran will ensure strong price gains at the start of the week. However, some experts warn against premature euphoria.

Defense industry: Daimler Truck relies on military business for new growth

Daimler Truck is known for trucks and buses. But the company's commercial vehicles are also used by the military. The recently battered group sees a lot of growth potential in defense.

Did volcanic eruptions ruin China’s Ming dynasty and undermine the Qing?

By many historical accounts, the Ming dynasty’s doom was sealed when Li Zicheng, the leader of a peasant rebel army, invaded Beijing in 1644. Less than 24 hours after the rebel forces breached Beijing’s inner defences, Chongzhen, the Ming dynasty’s emperor, hanged himself on Jing Hill behind the Forbidden City. The moment marked the end of 276 years of Ming rule. The Ming dynasty’s eunuch dictatorship, factionalism among civil officials, devastating peasant uprisings and the rise of the Manchus.

Industry: Daimler Truck wants to double defense sales by 2028 and is making its military business more global

Until now, armaments have been a niche for the truck company. Now the military trucks are intended to boost global business. For this purpose, Daimler is creating a new umbrella brand.

Social Media: Great Britain wants social media ban for under 16s

Great Britain wants to ban young people under the age of 16 from using numerous social media apps. In addition to the apps, other functions could be restricted.

Phishing: Fraudsters pose as consumer advocates

“Who is the real consumer advice center here?” is the question you ask yourself when you hear this warning from the consumer advice center about a new scam. And it's worth taking a closer look, because the wrong VZ is stealing your data.

Markets: Announced Iran deal lifts Dax over 25,000 points

There is relief on the markets about the agreement between the USA and Iran. Oil prices are falling and the stock markets in Japan and South Korea are rising sharply.

French army shows Leclerc tank with once-mocked anti-drone cage

Once derided as primitive, roof-mounted armor variants have been adopted by both Russian and Ukrainian forces as drone threats proliferate.

Trains are running again: after chaos is before chaos

The general renovation between Hamburg and Berlin has been completed and the next routes are already being closed. Time for an honest interim assessment.

Hotels, online platforms urged to clearly outline refund, booking change policies

Hong Kong’s consumer watchdog has urged hotels and online booking platforms to clearly outline their responsibilities in cases of reservation changes or refunds, after general complaints reached up to 1,050 annually over the past three years. The Consumer Council also said on Monday that it had received 3,346 complaints about lodgings in the city since 2023, with 2,670 coming from non-local travellers. For the larger figure, about 58 per cent involved the termination and amendment of contracts,.

New shelter for Filipino helpers in Hong Kong ready, pending government approval

A Tai Po villa serving as a new shelter for distressed Filipino domestic workers in Hong Kong is ready but must receive the green light from local authorities before it can open, with the Philippines’ top labour minister saying the facility is bigger, better and more comfortable. Hans Leo J. Cacdac, Secretary of the Department of Migrant Workers, told the South China Morning Post that the new shelter was ready, while his labour attache at the Philippine consulate, Cesar L. Chavez Jnr, provided..

Ukraine war: Zelensky demands G7 response to Russia's attack

After the fire in the famous Cave Monastery in Kiev, President Zelensky spoke of one of the worst Russian crimes against Christian culture. He also wants to be at the G7 summit in Évian.

South Korean music festival plays out against discord in reunification hopes

A stone’s throw from the barbed wire and minefields that separate the two Koreas, thousands gathered for a music festival this weekend to sing about peace in a place synonymous with conflict. The DMZ Peace Train Music Festival, named after the demilitarised zone that has separated the neighbours for seven decades, gathered artists and fans from around the world. It was the seventh instalment since the inaugural festival was held in 2018 under the slogan: “Let’s dance for a world without...

U.S. crude drops below $80 for the first time since March as Iran deal is set to open Hormuz Strait

"The Deal with the Islamic Republic of Iran is now complete," Trump said in a Truth Social post.

Before the G7 summit: Trump threatens France with a 100 percent tariff on wine

The US President is calling on France to abolish a tax on US tech companies. Otherwise, he would introduce new punitive tariffs that would hit Paris hard.

Takeover: UniCredit enters into confrontation with Commerzbank board

UniCredit is tightening its tone against the Commerzbank management in the takeover battle - and indirectly threatening to replace the board.

Agreement with Iran: Donald Trump is far from having a real deal

At first glance, things are going perfectly for the president: he can announce an agreement with Iran just in time for his birthday. But crucial details are missing.

Christine Lagarde: Money in transition

Pay off the building loan first or continue saving for ETFs?

Hi everyone, I would like to hear your opinion on the following scenario, as I am not sure whether I have a proper overview of all the relevant aspects: There is a real estate loan with a total term of 29 years. The fixed interest rate is ten years and the interest rate is 3.51%. The loan is repaid monthly. There is also the option of making a special repayment once a year. In parallel to the normal repayment, a savings plan is regularly invested in a World-ET

Petition created - link will be shared as soon as possible

I was just frustrated, I announced it for a long time and now the time has come! My profile is public. You can follow me and see what happens next. ​ ​ submitted by /u/Altruistic_Life_6404 [link] [comments]

Norwegian crown princess’ son sentenced to 4 years’ jail for rape, domestic violence

The stepson of Norway’s Crown Prince Haakon was found guilty of two counts of rape, one count of domestic violence and other crimes and sentenced to four years in prison, an Oslo court ruled on Monday. Marius Borg Hoiby, 29, who joined the royal family ⁠when his mother Mette-Marit married Haakon in 2001, ‌was acquitted on two other accounts of rape. He had pleaded not guilty ‌to the most severe accusations against him, including ⁠those ⁠of rape, while admitting to some lesser ones, and ‌can...

Guest contributions: Texts by Minister Wildberger created with the help of AI

Several guest articles by Federal Digital Minister Karsten Wildberger (CDU) were created entirely or in part using AI - including at Handelsblatt. Now the texts are checked.

Zhipu surges 33% as Wall Street raises bets on China AI after Anthropic curbs

Shares of Chinese AI model developer Zhipu surged as Wall Street banks raised bets on the company's ability to capture global AI demand.

Racist gesture at Korean World Cup fan costs Mexican engineering guild chief his post

A Mexican man who led an engineering guild has apologised after losing his position over a video showing him making a racist gesture at a South Korean fan during a World Cup match in Guadalajara. Ulises Fernando Bernal Miramontes came under fire after he was seen pulling at the corners of his eyes – a gesture derogatory towards people of Asian descent – in a video posted by South Korean influencer Yoon Su-jin. Yoon, a YouTuber whose creator handle is InoCat, captured Bernal, who was wearing...

Job cuts: BBC is apparently cutting hundreds of newsroom jobs

According to insiders, the BBC is planning to cut hundreds of jobs in its newsroom - a first step in the broadcaster's austerity drive.

Daniel Stelter: German start-ups are still threatened with the “valley of death”

Money is there. German insurers, pension funds and foundations together manage around 2.8 trillion euros. Politicians only have to release three brakes so that the money flows. A guest post.

Beyond the obvious: locusts as construction helpers

2.8 trillion euros are in German insurance companies, pension funds and foundations. 14 billion could flow into German growth companies every year - if only the rules were right.

Malaysia’s fight for Malay votes becomes a multiparty scrum

For much of Malaysia’s post-independence history, Malay voters largely faced a binary choice: Umno, the oldest Malay nationalist political party that governed the country for more than six decades until 2018, or the Islamist Pan-Malaysian Islamic Party (PAS). But with two state elections fast approaching, a bevy of breakaway parties flying variations of the same nationalist flag are all chasing those same 13 million or so Malay votes. The newest entrant arrived on Saturday, when former home...

Memorandum of misunderstanding: Why Trump's Iran deal might not last

The text of the memorandum is not public. The “negotiations” between the US and Iran have occurred largely via intermediaries – Pakistan and Qatar. So far as we can glean from public statements, Iran has agreed to reopen the Strait of Hormuz from Friday, through which 20 per cent of the world’s oil supplies flow, and the US has agreed to end its naval blockade of Iranian ports in the Strait. All the tricky issues – the fate of Iran’s nuclear programme, sanctions relief for Iran in exchange for c

Ifo study: Business climate in housing construction deteriorates – “phase of uncertainty”

Many construction companies continue to expect a difficult environment. Although the order situation may increase slightly, concerns about the supply of materials are growing.