Finance news

Guest commentary: Europe's path to independence leads through the socket

Europe needs an electrification revolution. What is needed is more renewables, more batteries for storage and more modern power grids, demands EU Energy Commissioner Dan Jørgensen.

‘It’s heartbreaking’: My brother claimed Social Security at 70. He died from cancer after one payment. Why wait to claim?

“I’ve always been a little skeptical of the government’s encouragement to delay claiming benefits.”

Takeover: Unicredit's victory has many winners

The takeover battle between Commerzbank and Unicredit has been decided. This isn't as bad as it sounds.

China-India diplomats are shaking hands, but it’s no holds barred for web users. Why?

The Chinese ambassador to India’s attempt at bridge-building has triggered a fierce nationalist backlash back home, including accusations that he has lost sight of his role. “The ambassador seems to have forgotten his actual job,” one social media user wrote this month of Xu Feihong, arguing that the envoy’s role was to make Indians more friendly towards China – not the other way round. Another took a xenophobic turn, accusing Xu of “letting hundreds of thousands, even millions, of Indian...

New Zealand-India trade, defence pact celebrated despite criticism

New Zealand and India announced on Saturday the creation of a strategic partnership encompassing defence and security, during a landmark visit by Prime Minister Narendra Modi. Prime Minister Christopher Luxon feted his guest with an indigenous Maori welcome and a guard of honour, seeking to expand relations after signing a free-trade pact in April that he has touted as an economic boon. Modi’s visit, at the tail end of a July 6-11 tour that has also taken him to Indonesia and Australia, came in.

Cash Savings Act: The middle class is bleeding again

With the GKV reform, the contribution rates remain stable. But the contributions themselves increase because Warken doesn't save enough. Once again the “high earners” pay.

Dispute over Swiss cross: Running shoe manufacturer On admits quality problems

The successful running shoe manufacturer On advertises “Innovation made in Switzerland”. This contrasts with production in Asia and quality defects in footwear. One of the founders shamefully vows to improve.

Climate change: Business calls for the climate target to be postponed to 2050

Representatives from business and trade unions are calling for Germany's climate neutrality target to be adjusted. They see the German special approach as a disadvantage for the industry.

Trump threatens to 'decimate' Iran if it tries to kill him, as Treasury sanctions alleged Iranian financier

Trump says 1,000 missiles are "locked and loaded" and will hit Iran if it carries out its threats to assassinate the U.S. president.

Heat wave: How to turn the heat pump into an air conditioning system - without any modification

Many heat pumps can also provide cooling in summer. An expert explains how to activate the function, what costs are incurred and how they are superior to classic air conditioning systems.

Murder investigations in England: Ann Widdecombe case: Suspect at large again

The Brexit politician was found dead in her home on Dartmoor. She had serious injuries. A murder suspect was quickly identified. But now the search starts again.

Are you genuinely worried about a "lost decade" for the stock market?

How would you face it? submitted by /u/GregMorel [link] [comments]

Supply bottleneck: China stops exporting helium

With the export ban, Beijing wants to secure the supply of important future industries such as the chip industry. The move shows how the People's Republic is also suffering from the consequences of the Iran war.

Competition: DIW economist warns – openness to technology is damaging to the industry

Whether electric cars, batteries or AI: China is putting European industries under pressure on many fronts. How can Germany react to this? A DIW economist warns against solutions that are too simple.

Turkish arms industry: Erdoğan's revolver policy

The Turkish economy is suffering. Inflation is high and monetary policy is restrictive. Only the defense industry is booming. This is also Erdoğan’s work.

Hong Kong police chief defends plan to deny pay rises to bottom 5% of performers

Hong Kong’s police chief has thrown his weight behind a controversial government reform of the appraisal system that will deny a pay rise to the bottom 5 per cent of performers, despite concerns raised by frontline officers. Commissioner of Police Joe Chow Yat-ming said on Saturday that management would step up efforts to explain the new policy to staff through various internal channels. “As the head of the department, I support the reform,” Chow said. “I believe our colleagues will agree that..

Typhoon Bavi: more than 130 flights connecting Hong Kong to region axed

More than 130 flights between Hong Kong, Taiwan, mainland China and Japan have been cancelled, while 10 high-speed rail services have been suspended as Typhoon Bavi barrels towards China’s east coast. Hong Kong International Airport’s webpage showed that 64 inbound flights and 71 outbound flights were cancelled on Saturday, with more than half scheduled to travel between the city and Taipei. Services between Hong Kong and Kaohsiung, Shanghai and Hangzhou were cancelled, while a handful of...

Mizuno enters esports market with athlete-led approach

Superpower US still too young to take path toward decline

Erdogan pushes for ‘natural’ births amid Turkey’s high C-section rate

Turkey’s health ministry has fined more than 100 obstetrician-gynaecologists for carrying out cesarean sections, suspending them from duty and forcing them to undergo training. The country has the highest rate of C-section births among the OECD’s 38 nations, according to the last available data from 2023, with around 615 such procedures out of every 1,000 live births that year. Medical professionals said C-sections were more time-efficient for medical staff – 30 minutes, versus 12 hours for a...

Life-threatening disease: Another US citizen is infected with Ebola in Congo

Ebola alarm: A US aid worker is hit again in the Congo. The number of sick people continues to rise sharply locally.

BYD showcases battery, charging technology in 15,000km journey from Rome to Hong Kong

BYD, the world’s largest electric vehicle (EV) maker, has intensified efforts to promote its high-performance batteries and superfast charging technology around the world as it tests a car that it says boasts the world’s longest driving range in a journey from Rome to Hong Kong. A fleet of upgraded versions of the Z9GT, a car produced under BYD’s premium Denza brand, has been travelling across European countries including Italy, Croatia, Serbia and Turkey for nearly a month at the start of a...

+++ Football World Cup 2026 +++: Norway coach criticizes Haaland

Merino redeems Spain in Belgian goalkeeping drama +++ Argentina legend Kempes rejects conspiracy theories +++ The World Cup blog.

Diseases: “Explosive defecation” - Parasite affecting hundreds in USA

A parasite is going around in the USA. A particularly unpleasant and stubborn intestinal disease has already been reported in 31 countries. Fresh foods are particularly suspected as triggers.

Heirs: Real estate value too high? How to avoid inheritance tax

The tax offices base their property valuation on purchase prices in the area. These are often distorted, especially in rural areas. But heirs can defend themselves.

Business ticker: Meta discontinues new AI image function after criticism

Concerns about data protection +++ Almost minus 9 percent: VW sells significantly fewer cars +++ Social plan for Zalando location in Erfurt sealed +++ Investigators: no market manipulation by Unicredit against Commerzbank +++ News in the company live blog.

Volkswagen China deliveries see 26% drop year on year to lowest point since 2010

Volkswagen Group’s deliveries in China slumped during the first half of 2026 to their lowest level in 16 years, as local electric vehicle (EV) brands further siphoned off buyers’ interest in petrol cars amid a slowing market. Through its three ventures with Chinese partners, the German car brand handed over a total of 971,000 units to customers in China between January and June, down 26.1 per cent year on year, it said in a statement. The delivery volume hit the lowest level since the first half

Don’t expect the rising tide of AI to lift all boats

The brave new world of artificial intelligence (AI) is going to be a mixed and divisive blessing for governments – not least those of key Asian countries – as well as for financial markets. The AI revolution points to higher economic growth for economies linked to the tech supply chain, with others being left behind. It also signals the potential for financial crises. Balancing these risks will be tricky. The relative optimism, displayed in a recent report from the International Monetary Fund...

Chinese student sets up a will bequeathing US$2.9 million estate to childhood friend

A 19-year-old Chinese student recently made a will bequeathing his personal wealth of 20 million yuan (US$2.9 million) to his childhood friend, sparking heated discussion online. The teenager from Shanghai, surnamed Li, recently set up a notarised will to bequeath the property under his name, including a flat and savings of millions of yuan, to his childhood friend. Li claimed that his parents had divorced and remarried, and gave him the property he now owned. They did not spend much time with..

BörsenWoche 567: Analysis: Things are bubbling under the surface in South Korea

For many years, South Korean stocks were considered structurally undervalued. The government in Seoul is fighting against it. But power continues to concentrate.