Finance news

As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth

By 2030 Honeywell is targeting annual earnings of at least $6.5 billion and full-year free cash flow of at least $4 billion.

Bitcoin's high-conviction holders are turning into sellers as the crypto's price hits new lows

In the past two days, bitcoin's highest-conviction holders have sold about $2.4 billion in bitcoin.

Air Force awards GE, Rolls-Royce for ‘medium thrust’ drone engines

The two engine makers will advance designs to power medium thrust class drones, an Air Force spokesperson told Breaking Defense.

CSU: Weber: No leadership debate about Markus Söder in the CSU

A letter, support from Theo Waigel and a lot to talk about: Why Manfred Weber still excludes any leadership debate about CSU leader Markus Söder.

Which bank?

I've been 18 for a few weeks now and need to create my own account. Unfortunately, I don't really know much about bank accounts. The best option would be one where I have worldwide access and the account management fees are low. It would be great if someone could help me with this. submitted by /u/Neither-Breakfast651 [link] [comments]

UN Security Council: Seven years of work in vain: How Germany's historic defeat on the world stage came about

Since 2019, Berlin has canvassed 191 states for votes. In the end there was not enough for a seat on the Security Council. When looking for reasons, two country names come up.

emergency fund of $11k + €10k, IBKR? TR? Or?

I have 11K$ and 10K€ emergency fund. My bank is eating it away 6€ a month as service fees. So I'm looking at my options. I can load it up to Trading 212 (since Trade republic doesn't hold dollars) earn interest on them. I can load it up to my IBKR account and let it just sit there. At least doesn't eat away via fees. I can put them in a short term money market fund via IBKR. What would you do? Do I need this next months? No. I've got some cash so I don't need it "liquid right now" but I need it

+++ Iran War +++: Iran: Contact with the USA not broken off - but no progress

One dead and dozens injured after Iranian attack on Kuwait +++ Trump would “like to meet” Khamenei +++ Trump: Iran agrees to give up nuclear weapons +++ The news blog.

Beige Book: Fed economic report: High energy prices are the main driver of inflation

The increased energy costs are fueling inflation to 3.8 percent. Before the first interest rate meeting under the new Fed chief Warsh, there are increasing voices for a longer interest rate break.

States Take Trump to Court Over Offshore Wind Cancelations

The Trump administration’s war on wind is heading back to court. New York’s attorney general sued the administration Tuesday over one of its deals to end an offshore wind project. Under the deal announced in March, French company TotalEnergies is receiving nearly $1 billion to walk away from two US offshore wind leases off the coasts of New York and North Carolina. Associated Press reports: State attorneys general from Maine, Massachusetts, New Jersey, Rhode Island and Vermont joined New York in

Portugal and Austria defeat Germany for seats on UN Security Council

Portugal and Austria defeated Germany for seats on the powerful but deeply divided UN Security Council on Wednesday in a hotly contested race after intense campaigning. The 10 rotating seats on the 15-member Security Council are earmarked for different regions of the world. The assembly elects five countries by secret ballot every year to serve two-year terms alongside the council’s five permanent veto-wielding members – the US, Russia, China, Britain and France. In the other contested race,...

Marine Corps’ Harrier completes final flight following SOUTHCOM deployment

The Marine Corps is moving through its Tactical Aircraft Transition Plan as it plans to fully adopt fifth-generation aircraft across the entire fleet.

Historic stock rally faces key test

Two key tech companies reporting earnings after the bell could determine the next move higher or lower.

United Nations: Germany fails resoundingly in UN Security Council election

In the end, the election to the Security Council wasn't even a shambles: Austria and Portugal won by a wide margin. The opposition sees a defeat for “Foreign Chancellor” Merz.

Chinese solar giant Jinko to supply power to desert AI data center

New service to help Japan tourists find luggage storage with Google Maps

Japan's Sumitomo joins US project to bury carbon in form of rice hulls

Nippon Life to invest $9.4bn in Blackstone private credit deal

Japan electronics sellers Yamada, Edion plan merger to create industry giant

Why Japan, Philippines are risking China's ire over sea boundary talks

Joint venture to recover Japan's copper scrap to cut foreign dependence

South Korea's ruling party set for big win in local elections

Japan's Saizeriya opens first restaurant in Malaysia with local touch

Khanna and China committee press Blanche for report on Chinese manufacturing in U.S.

The Justice Department report on illegal Chinese labor in the U.S. auto industry was due in May.

Ukraine drone strikes causing ‘panic’ for Kremlin, EU’s Kallas says

Ukrainian drone strikes deep inside Russia are causing “panic” for the Kremlin, EU top diplomat Kaja Kallas said on Wednesday, saying Moscow was lashing out at Kyiv with increased attacks. Ukrainian drones hit energy and military sites in St Petersburg on Wednesday as officials gathered for Russian President Vladimir Putin’s flagship economic conference in the city. “It clearly shows also panic on the Russian side – why they are increasing the terrorist attacks that they’re doing in Ukraine is..

Social Security benefit cuts could average $500 a month for retirees if trust fund runs dry, report finds

Social Security faces a looming depletion date for its retirement trust fund. A new report looks at how much benefit cuts Americans may see to their benefits.

Kazakhstan Turns to U.S. Water Experts as Scarcity Threat Looms

Kazakhstan is turning to a US government agency for help on water conservation. Experts from the Kazakh water-management agency Kazvodhoz held talks recently with representatives of the US Bureau of Reclamation on ways to reduce water use in the agricultural sector, the Kazakh news outlet InBusiness.kz reported. The US Embassy in Astana facilitated the discussions. "The parties paid particular attention to the implementation of digital water metering and telemetry systems within irrigation netwo

Trump says ‘there would be no Israel’ if not for him after clash with Netanyahu

submitted by /u/ConversationLow9545 [link] [comments]

Lula thanks China for beef win and tells US after tariffs: ‘I will sell to someone else’

Brazilian President Luiz Inacio Lula da Silva thanked China for clearing the country’s beef of foot-and-mouth disease and fired a barb at US President Donald Trump, saying “I will sell to someone else”, after Washington announced new tariffs on Brazilian goods. Lula made the remarks on Tuesday, hours after Beijing announced wider access for Brazilian beef to the world’s biggest market for the product. “As God writes straight with crooked lines, nothing comes free for a Christian man like me....

Share buyback: Siemens Energy wants to buy back its own shares for another billion euros

Siemens Energy is increasing its share buyback program and wants to buy its own shares for up to one billion euros by the end of September.