Finance news

BYD, am I right in thinking there’s potential here?

TLDR: BYD is doing a lot of the right things, they are a sleeper stock and should be greatly considered. Count how many BYD cars you see today. BYD: A Long-Term Investment Thesis Introduction I’ve spent a lot of time thinking about BYD. When I look at the automotive industry, I struggle to find many genuinely new companies that have broken into established markets. The car industry is one of the hardest to enter. Building a good car is difficult. Building millions is harder. Building dealerships

United Nations: Germany fails in election for UN Security Council seat

Defeat in New York: Germany has failed for the first time in its bid for a seat in the most powerful UN body. The candidacy was under difficult circumstances from the start.

Interview: New party leader Kubicki on the direction of the FDP: priorities are “shifting”

The newly elected FDP party leader no longer believes that the Liberals can convince with economic policy alone. In the interview, Kubicki explains what he wants to score points with.

MTR Corp boss Jacob Kam elected chairman of Hong Kong’s largest business chamber

The non-executive chairman of Hong Kong rail giant the MTR Corporation has been elected as the new head of the city’s largest business chamber for a one-year term. Jacob Kam Chak-pui, 64, took over as chairman of the Hong Kong General Chamber of Commerce on Wednesday following an election among members, expressing “strong confidence” in the city’s economic development. Kam, previously the chamber’s vice-chairman, said he believed the market outlook was rebounding as the global macroeconomic...

Controversial tax advantage: Union rejects reform of spouse splitting

The concept of a group of economists to reform spousal splitting is well received in the Ministry of Finance. But it probably won't be implemented.

Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast

The cryptocurrency is likely to break below its lows hit in early February, traders on prediction market Kalshi believe.

Wall Street: Consumption remains on track, Gamestop announces buyback program

The retail group wants to buy back shares worth $2 billion. And: Broadcom will be the next sentiment test of the AI ​​rally.

Handelsblatt Live: US stock market expert Koch: AI hype is putting the software industry under pressure

While chip manufacturers benefit greatly from the stock market euphoria surrounding artificial intelligence, stocks from software companies or management consultancies are under pressure to sell. Markus Koch: “Everything that is on the opposite side of AI loses.”

Portugal: General strike against planned labor market reform

A general strike called by the unions paralyzed public life across Portugal on Wednesday. The strike is against a comprehensive labor market reform with which the center-right government wants to stimulate growth.

Raw material security: action plan for the circular economy disappoints

Through circular economy, Germany should become more independent of raw materials and more competitive. But what the government wants to do is not enough for companies and environmental associations.

Lockheed’s GRIZZLY C-UAS system downs attack drone in live-fire demo

The live-fire demonstration paired the radars, Sanctum software and launcher to destroy the target at Yuma Proving Ground, Arizona.

Whale carcass on a Danish island: Everyone can watch: Humpback whale is autopsied on the beach

Veterinarians and researchers want to examine the dead humpback whale, often called “Timmy,” on the Danish island of Anholt for six hours. The autopsy should clarify why he died. Anyone who wants can watch.

Iraq Targets 770,000 bpd Through Ceyhan as Southern Output Climbs Back

Iraq has restarted production at some of its most important oil fields, including West Qurna 1, Majnoon and Fauqi, lifting national output back to roughly 1.5-1.6 million barrels per day after the collapse triggered by the Hormuz crisis, according to IraqiNews. Iraq has spent the past three months confronting a dangerous economic oil dependency caused by the closure of the Strait of Hormuz, and the rebound still keeps Iraq far below the more than 4 million bpd Iraq was producing before the regio

Sp500 without non profitable junk?

It appears SP is re-evaluating it's rules for profitability requirements for companies valued at the top 100. I would rather invest in a fund that maintains the requirement. The requirement incentivizes companies to become profitable. Will we get an alternative fund that maintains the 4 quarters of profit requirement submitted by /u/Slay3d [link] [comments]

FBI kill man holding hostages in California after 12-hour standoff following bomb threat

A man holding hostages inside a building in California that houses a bank branch and school district office has been shot and killed by the FBI, police said on Wednesday. The suspect was killed in “an officer-involved shooting involving Federal Bureau of Investigation personnel”, the Bakersfield Police Department said in a statement. The stand-off ended about 12 hours after police were called to the building, police said. All the hostages are free and none was harmed, police said. The stand-off.

Ukraine war: “A window is slowly opening”: How Europeans want to force Putin to negotiate

The federal government increasingly sees an opportunity for talks - and wants to get the Europeans to agree on a common line. However, an idea based on the US model seems to have been rejected.

ID. Polo and Cupra Raval: Cheaper electric cars: VW starts production in Spain

Spain is becoming a hotspot for cheap electric cars: VW wants to shake up the market with solar power, subsidies and low wages. What this means for German drivers.

Interesting How AI Investing Is Slowly Turning Into An Infrastructure Trade

The more I look at these mega private-company valuations, the less this feels like a traditional tech cycle. It increasingly looks like an infrastructure race. SpaceX is satellites, launch systems and communications infrastructure. OpenAI is compute infrastructure and enterprise AI layers. Anthropic is enterprise workflow automation and AI agents. Databricks is data infrastructure. Stripe is internet payments infrastructure. Even the funding structures are changing. Reuters noted the SpaceX IPO

Kenya health minister says US Ebola quarantine centre will proceed despite deadly protests

Kenya’s health minister said on Wednesday that the US-funded quarantine centre would proceed, days after deadly protests erupted over the project. The US-built facility at Kenya’s Laikipia Air Base was due to open last week, according to US officials, to quarantine Americans arriving from the Democratic Republic of the Congo, which is battling a major Ebola outbreak. But it has been temporarily blocked by a court order, and triggered protests on Monday that killed two people, according to a...

Because of the GKV law: Boehringer Ingelheim and Eli Lilly stop investing millions in Germany

The Palatinate family business does not want to spend almost a billion euros in Germany as planned. The reason is the government's planned health insurance reform. US rival Eli Lilly is even halving its billion-dollar investment in Germany.

Refinance KFW repayment?

Hello, as a last resort I unfortunately had to apply for a KFW student loan and have a very large amount to pay back. Interest rates were wonderful before the pandemic, but now they are outrageous. I have to reduce my monthly payment to the minimum (€190), most of which is interest. Do you have experience with debt restructuring? Are there banks that give a loan with a sum of around 25k for debt restructuring, then with a better interest rate? I also pay off student loans and

Today: This is how the EU wants to become more independent from the USA

Brussels is planning the next step towards tech sovereignty. Also: Why Anthropic's IPO could set the pace for OpenAI and the entire AI market.

Gulf tensions escalate as Iran hits Kuwait, US strikes near Hormuz

CENTCOM said it had carried out a new round of defensive strikes in southern Iran, while an Iranian drone attack on the Kuwait airport killed one person.

Army, J-7 to test new sensor with high-altitude balloon in coming days

The Wallabee prototype is set to provide the Army and the J-7 with more intelligence-gathering capabilities in the stratosphere.

BOJ will 'discuss' rate hike despite uncertainties, says Gov. Ueda

Indonesia's nutrition agency chief arrested in corruption probe

World Cup: How Panini wants to assert itself in the sticker battle with Topps

The Americans have overtaken Panini in the race for licenses for collectible pictures. But the traditional company is not yet giving up.

SpaceX targets fixed $135 IPO roadshow price at $1.75 trillion valuation, source says

The valuation would make Elon Musk's company the seventh- biggest in the U.S. and above Tesla, which has a market cap of about $1.6 trillion.

Health costs: Fee increase for pharmacies comes in two stages

The pharmacy industry has been pushing for higher compensation for a long time. Even if overall health spending is to be reduced, this is now being implemented - but not in one fell swoop.

The Iran war hasn’t slowed the economy, but higher inflation leads companies to freeze hiring

The largest part of the economy grew faster in May, even as businesses were coping with the worst inflation in several years — at a cost to job seekers. Many companies have adopted temporary hiring freezes to offset their own rising costs.