Finance news

◇ unclassifiedusa · europe

Six takeaways from the 2026 NATO Summit

From deep strike funding to a relatively tame Trump, what emerged from the event will have largely pleased most of the 32 allies.

11h07/10⚠ war-conflict · 2/5

Reform: Billions in savings in health spending are coming

The black-red coalition is pushing through a major reform before the summer: the austerity law for health insurance spending has been sealed after a long struggle. Are higher contributions now off the table?

◇ unclassifiedmiddle-east · usa

Venezuela Breaks Up Oil Monopoly Under New Rules

Venezuela's interim government published long-awaited oil regulations on Thursday.

Trump says he won't sign housing bill, which would become law automatically

Congress passed the bill that aims to address the costs of homes and rein in institutional investors with strong bipartisan support in June.

My insurance company said my roof lost a few tiles. Loss adjusters found $10,000 in storm damage. How could this happen?

“My house shook violently from the wind.”

11h07/10⚠ war-conflict · 2/5

Dow Jones, S&P, Nasdaq: The Middle East is depressing the mood of the US stock markets – investors are holding back

Stocks are falling, oil remains under pressure, the dollar is falling. The fragile ceasefire in the Middle East is keeping investors on tenterhooks. Apparently the efforts to negotiate are continuing.

◇ unclassifiedgermany · europe · usa

Condos are getting cheaper — but list prices don’t include this fast-growing hidden cost

New lending requirements, rising insurance premiums and aging buildings have contributed to the rising cost of condo ownership.

Heating law: Bundestag passes new heating law

The Bundestag has passed the new building modernization law. This overturns key points of the regulations decided by the previous traffic light government.

11h07/10⚠ war-conflict · 3/5

Fidji Simo: Top Open AI manager resigns

Fidji Simo came to the AI company almost a year ago as a great hope. Why she is giving up her post now.

◇ unclassifiedchina · asia

Hong Kong eases proposed health check rules for elderly commercial drivers

Hong Kong authorities have relaxed a recent proposal requiring mandatory annual medical check-ups for commercial vehicle drivers aged 65 to 69, reducing the frequency to twice in five years following an industry backlash. The proposal, set to take effect in mid-2027, will reduce the age threshold for mandatory medical certification for commercial vehicle drivers from 70 to 65. In a policy paper submitted to the legislature on Friday, the Transport and Logistics Bureau said the move was aimed at.

◇ unclassifiedchina · asia · usa

Trump says he will not sign bipartisan housing bill: ‘a big yawn’

US President ⁠Donald Trump said ⁠on Friday he would ⁠not sign a bipartisan housing affordability bill that he had called “a big yawn”, but the measure can become law without his signature. Trump said in a social ‌media post that he was withholding his signature “in PROTEST over the fact that the United States Senate is not capable of passing THE SAVE AMERICA ACT”. The housing bill was a rare instance of bipartisan agreement on major ⁠legislation in the deeply divided Congress. Among its main...

◇ unclassifiedchina · asia · usa

Hong Kong and Shenzhen the perfect end points for modern Silk Road: leading economist

Prominent economist Jeffrey Sachs says he chose Hong Kong and Shenzhen as the final stop on an overland journey retracing the footsteps of Marco Polo because of their significant role in powering the world’s green and digital age. The Columbia University professor set off from Rome on June 13 for a 43-day, 15,000km (9,300-mile) journey, the Marco Polo Drive of Peace, Culture and Sustainable Development. The former adviser to the UN secretary general said the journey was designed to send a...

◇ unclassifiedmiddle-east · russia · usa

Bureaucracy Is Strangling America's Clean Energy Buildout

The global energy system is facing a polycrisis. Consecutive and escalating geopolitical crises have thrown the world’s oil and gas markets into turmoil, the artificial intelligence boom is placing unprecedented stress on power grids and threatens to drive a major energy supply deficit in the near future, and all of this is taking place against the backdrop of dangerous heat waves, underscoring the cost of our energy system and the urgency of the global clean energy transition. So what is standi

These are America's 10 most expensive states for 2026, where inflation is punishing residents

These 10 U.S. states are the most expensive places to live in America in 2026, with inflation punishing residents to an extreme degree.

12h07/10⚠ war-conflict · 2/5

Retail: Purchase advisor defies AI – how Stiftung Warentest and Co. want to maintain their business

Stiftung Warentest, “Bild” and “Chip” make money from product tests – but AI agents threaten their models. How providers counteract this.

◇ unclassifiedgermany · europe · uk

Electricity affair: Berlin's governing mayor Kai Wegner withdraws from the top candidacy

Berlin's governing mayor Kai Wegner is giving up his candidacy for the CDU in the House of Representatives elections in September. However, he will remain in office until the election.

Export ban: Helium shortage endangers China's future industries

China's industry is sounding the alarm. The reason: Qatar, the largest helium supplier, is failing, while Russia, the second largest supplier, is supplying much less. Beijing takes emergency measures.

48-year-old worked at a garden center for $17/hour to make ends meet: 'It's one of the best jobs I've ever had'

"Without a job, I felt invisible. With a job, I felt seen, useful, and purposeful again," says Leslie Friday, who sold plants and flowers while job searching after a layoff. "I loved every minute."

Development service provider Magna: “When BMW coughs, Magna gets pneumonia”

The car manufacturer BMW has to save money and is increasingly restricting external developments. This particularly affects the former house and court supplier Magna.

Car crisis: Financial investor 3i says goodbye to automotive service provider Formula D

New owner for the ailing automotive quality inspector Formula D: The investment company 3i is out. That's what's behind the deal.

◇ unclassifiedchina · asia

Chinese users praise OpenAI’s GPT-5.6 for efficiency, even at higher cost than local rivals

OpenAI’s latest GPT-5.6 release marks a growing emphasis on cost-efficiency, a move welcomed by some users in China who continue to access the blocked service via virtual private networks (VPNs) and third-party proxies, even as the artificial intelligence model remains more expensive than local rivals. The launch on Thursday introduced a trio of models tailored to different capabilities, speeds and price points: the flagship Sol, the balanced Terra and the lightweight Luna. According to OpenAI,.

12h07/10⚠ war-conflict · 3/5

IEA Cuts Russia's Oil Production Forecast Due to Ukrainian Attacks

Russia's oil production in 2026 and 2027 is set to be lower than previously expected, due to intensified Ukrainian drone attacks on Russia's energy infrastructure, the International Energy Agency said in its monthly oil market report on Friday. Russia produced on average 9.2 million barrels per day (bpd) in 2025. The forecasts for this year and next, however, has been downgraded from previous projections as Ukraine continues to inflict damage on Russia's storage, refining, and transportation ass

◇ unclassifiedmiddle-east · russia · usa

Crisis in the auto industry: Weak market in China is slowing down German car manufacturers

Weak demand in China hits VW, BMW and Mercedes hard. Sales are falling by double digits – despite growth in Europe.

Health costs: health savings package at its destination - what's in it?

The coalition wants to curb ever-increasing health spending and avert new premium increases for millions of health insurance patients. What awaits everyone with the hotly contested reform?

Fast fashion: China approves Shein IPO after lengthy review

Shein has received the green light from Beijing to go public in Hong Kong. After failed attempts in New York and London, the way is now clear.

12h07/10⚠ war-conflict · 2/5

Schwarz Group: Christian Müller becomes sole boss of Schwarz Digits

Rolf Schumann is leaving the company with immediate effect. Müller's focus for the new phase: expansion as a European cloud alternative and a billion-dollar project in the Spreewald.

12h07/10⚠ war-conflict · 1/5

Can anyone point me to a good source on Oil?

pre MOU with iran there were reports that several places were approaching a critical level (see comments by Exon CEO, trump among others). Obviously since then there has been SOME transit of the straight but the best data Ive been able to find is that the area was able to get close to about 75% of pre war oil export levels (including pipelines). Obviously a large portion of that transit has been interrupted again, however we havent seen a spike in oil levels commensurate to what we had previousl

Social◇ unclassifiediran

12h07/10⚠ war-conflict · 3/5

IPO: China approves Shein IPO after lengthy review

The fast fashion retailer waited a year for approval from China. Shein could probably aim for a valuation of 40 to 50 billion dollars in the IPO.