Finance news

◇ unclassifiedgermany · europe · russia

+++ Ukraine War +++: At the economic forum: Putin rails against “European elite” and warns developing countries

EU states want to discuss negotiations with Zelensky +++ Merkel does not want to negotiate with Putin +++ Sea drone explodes in Romanian Black Sea port +++ The news blog.

◇ unclassifiedchina · asia

Most Asia-Pacific firms use AI for tasks without cutting jobs: survey

While a wave of job cuts across Asia’s finance and other industries due to wider use of artificial intelligence has spurred concerns, a new study shows that the technology’s net impact on employment is not as clear-cut. Recruiters and industry observers say many companies are adding AI-related roles without having to lay off workers. A study by professional services firm Aon released on Wednesday shows that 74 per cent of 504 companies surveyed across industries in the Asia-Pacific region have..

◇ unclassifiedgermany · europe · uk

Ukraine War: Sea drone detonates in Romanian Black Sea port

A Ukrainian drone exploded off Romania. Ukraine had warned its neighbors in advance. It is the second incident in the country within a few days.

◇ unclassifiedchina · asia · usa

Xi Jinping’s ‘chief of staff’ Cai Qi takes Central Party School helm

Cai Qi, the fifth-ranked member in the Communist Party’s hierarchy, has been picked to head the Central Party School, the top training ground for cadres. Cai, 70, sits on the elite Politburo Standing Committee and is secretary of the party’s secretariat as well as director of the party’s general office. Responsible for daily operations of the party’s nerve centre, Cai is often referred to as President Xi Jinping’s chief of staff. His new post at the party school means that he will also oversee..

Coalition: But no relief? Union fears Klingbeil's tax reform is a deception

Is the finance minister cheating on tax reform? The Union suspects that there will be no real tax cuts due to higher inflation. Calculations show what sums are involved.

◇ unclassifiedgermany · europe · usa

Interview: Hegseth advisor – “The USA is firmly behind the NATO alliance”

There can be no talk of turning away from NATO and Europe. That's what Eric Geressy, senior advisor to US Defense Secretary Pete Hegseth, says. In an interview with the Handelsblatt he also comments on the Bundeswehr.

◇ unclassifiedchina · asia · usa

Summer most likely window for US attack on Cuba, Chinese defence tech firm says

Any US military attack on Cuba would most likely take place this summer, according to a Chinese defence technology company closely tracking US military movements around the island. The assessment by Jingan Technology, a civilian start-up founded in 2021 in Hangzhou, Zhejiang province, said that if the US were to use force against Cuba, it would most likely take the form of a rapid “decapitation and paralysis” operation aimed at regime change, rather than a large-scale invasion. The company uses.

◇ unclassifiedchina · asia · russia

China launches space computing hub as SpaceX gears up for historic IPO

China is ramping up its bets on space-based artificial intelligence computing with the launch of a state-backed research institute in Beijing, accelerating a frontier tech race with the US just as Elon Musk’s SpaceX eyes a record-shattering US$75 billion market debut to fund its own orbital AI ambitions. The establishment of the Beijing Space Intelligent Computing Research Institute marks a major step in the superpowers’ AI rivalry, which is increasingly extending beyond Earth as terrestrial AI.

◇ unclassifiedmiddle-east · russia · usa

Trump Floats Meeting Iran's Supreme Leader, But Only If There's A Deal

US President Donald Trump said the United States will win the conflict with Iran either "militarily or on paper," referring to the fitful negotiations with Tehran, and he suggested he could meet with Iran's reclusive supreme leader "if it was to make a deal." "We're going to win one way or the other," Trump told reporters at the White House. "It's going to be militarily or on paper." Trump also said he had no desire to meet with Iranian Supreme Leader Mojtaba Khamenei, who has not been seen sinc

12d06/05⚠ war-conflict · 2/5

Former head of government: Merkel defends Merz government

She was chancellor for 16 years. Now Merkel comments on the current federal government and the hostility that Merz had complained about. She refers to Helmut Kohl.

12d06/05⚠ war-conflict · 2/5

Inspector warns: Car bargains: cheap used or stolen?

Too cheap to be true? Can be exactly the right gut feeling with some used car advertisements. An expert names common tricks used by sellers - and how to recognize them.

For those investing in S&P 500 ETFs (VOO/SPY/IVV), how have your returns been?

Looking at S&P 500 ETFs such as SPY, VOO, and IVV, the long-term average returns seem to be around 10–12% annually. Given that many investors aim for higher returns, what makes these ETFs so popular? Is it mainly the lower risk, diversification, consistency, or something else? Interested in hearing perspectives from long-term investors and those who compare them with individual stocks or other asset classes. submitted by /u/Sorry-Confidence-891 [link] [comments]

Social◇ unclassifiedusa

U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%

Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.

◇ unclassifiedusa

◇ unclassifiedgermany · europe · usa

Wall Street: Record hunt over for now – labor market and AI fears weigh on US stock markets

Investors are also selling tech stocks on the last trading day of the week. A historic winning streak could therefore end for the S&P 500. Investors are also looking at labor market figures.

◇ unclassifiedusa · europe

HASC adopts FY27 defense policy bill, adds right to repair language

Rep. Maggie Goodlander, D-N.H., said the provisions would “streamline … processes, cut red tape, and close loopholes” that make it impossible for troops to repair equiprment.

Harbor Energy Stock: Aggressive Agenda

The owners of the former BASF subsidiary Wintershall Dea rely entirely on fossil fuels. The growth strategy is risky – and interesting for courageous investors.

J.P. Morgan ends bearish Tesla call that was predicting a 65% stock drop

A new analyst has taken over the bank’s Tesla coverage, and he has a less gloomy view of Elon Musk’s EV company.

◇ unclassifiedusa

◇ unclassifiedgermany · europe · usa

Economic situation: US labor market creates significantly more jobs than expected

In both April and May, companies in the USA advertised significantly more jobs than expected. The Iran war does not seem to have reached the labor market yet.

Social◇ unclassifiedgermany

Do you still need the old documents from building savings or Riester contracts that have now been dissolved?

Hello, quick question: I still have a large stack of documents and a lot of small print about an old building society and Riester contract, which I have since canceled and the money from it ended up in ETFs. Do you need this mountain of paper from old contracts again? Or can something like that be shredded? submitted by /u/DasPantofeltier [link] [comments]

Social◇ unclassifiedgermany · uk

C24 account transfer service premium

I am currently in the process of restructuring my accounts, as part of which I have opened a C24 checking account to be used purely as a spending account. There is a promotion there that promises a €75 bonus for using the C24 account transfer service. However, since the account is intended to function purely as an expense account, I don't want my employer to start paying my salary into this account. So can I choose which payment partners will actually be moved? Actually

Elon Musk needs the cultish support of everyday investors to pull off the massive SpaceX IPO

“They’re going to have to own it”: Elon Musk wants retail investors to buy some $23 billion of SpaceX shares next week.

◇ unclassifiedusa

Italian Agriculture: Multiple Murders in a World of Exploitation

Four seasonal workers in Italian agriculture are brutally murdered. What does this have to do with strawberries for German customers?

◇ unclassifiedchina · asia · norway

Norway crown princess awaits lung transplant

Norway’s Crown Princess Mette-Marit has been placed on a waiting list for a lung transplant after a significant deterioration in her health that likely gave her only a year left to live without the surgery, her doctors said on Friday. The 52-year-old wife of Crown Prince Haakon, the ‌heir to the Norwegian throne, was diagnosed with pulmonary fibrosis in 2018, a chronic disease that causes scarring in the lungs and leads to a reduced oxygen uptake. Oslo’s University Hospital in December said the.

◇ unclassifiedgermany · europe · taiwan

Pratas Islands: Taiwan reports renewed confrontation with Chinese coast guard

According to Taiwan, a Chinese coast guard ship has entered the restricted waters around the Pratas Islands in the South China Sea. This is the second incident of this kind within two weeks.

EU-Western Balkans summit: Merz blames the EU for the stalled accession of the Western Balkan states

The international community has not accepted a new member for 13 years. The Chancellor sees “failures also on the part of the European Union” and emphasized on the sidelines of the summit in Montenegro that the Western Balkans will belong to the EU in the future.

EU-Western Balkans summit: Merz and Macron want to speed up EU expansion

The EU has not admitted any new members for 13 years. That should change soon if Merz and Macron have their way. In the Balkan countries there is agreement, but also skepticism.

12d06/05⚠ war-conflict · 1/5

Government wants to abolish the 100,000 euro limit for relatives

Just waiting for it: "If children earn less than 100,000 euros a year, they don't have to pay for the care of their parents. According to the draft care reform, that should change." submitted by /u/Holiday_Appearance15 [link] [comments]

Social◇ unclassifiedgermany · europe