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23d06/03⚠ war-conflict · 2/5

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.

◇ unclassifiedusa · iran

23d06/03⚠ war-conflict · 3/5

BGH on the obligation to return: Headwind for Uber & Co.

Uber drivers are not allowed to wait for new passengers. The BGH has confirmed the controversial return obligation for rental cars. While the taxi drivers rejoice, the ride-hailing industry is outraged.

◇ unclassifiedgermany · europe

Pharma: Eli Lilly halves planned billion-dollar investment in Germany

The US pharmaceutical company is drawing consequences from the German health savings plans. The location is scheduled to open in 2027 – but only with half capacity and staff, says boss Dave Ricks.

◇ unclassifiedgermany · europe

GOP Sen. Tillis slams Trump intelligence pick Pulte: 'Don't think he has a prayer'

Pulte is widely viewed as a Trump loyalist who has targeted the president's political foes during his tenure leading the housing regulatory agency.

◇ unclassifiedusa

Leveraged ETF assets double in two months as investors press AI bet

Investors turn to ETFs linked to AI and Tech, with exposures in the U.S. and Korea/Taiwan doubling in just two months

◇ unclassifiedusa · taiwan · korea

23d06/03⚠ war-conflict · 3/5

Iberdrola Starts Up Spain's Biggest Battery Energy Storage Project

'With 58 MW of power and 120 MWh of storage capacity, the project marks another step forward in the company's commitment to energy storage as a key pillar of electrification and renewable integration'.

◇ unclassifiedmiddle-east · usa

Sale of civilian businesses: Rheinmetall becomes a pure arms manufacturer - at least almost

Rheinmetall is known as a manufacturer of tanks, artillery, anti-aircraft guns and ammunition. But the company also operates as an automotive supplier. Still.

◇ unclassifiedgermany · europe

Wall Street: US stock markets defy new risks – AI stocks continue to rise

The hope of large AI IPOs continues to act as an antidote to all geopolitical price risks. Even new tariff plans from the USA have little impact on the trend.

◇ unclassifiedgermany · europe · usa

23d06/03⚠ war-conflict · 3/5

GasBuddy Warns USA Gas Price Relief May be Short Lived

GasBuddy highlighted that gasoline prices in the U.S. are 'plunging' but warned that the 'relief may be short lived'.

◇ unclassifiedmiddle-east · usa

Easybank credit card - 2 euro fee now also for old customers?

I've had a Barclays or now Easybank credit card for about 7 years now and now they dare to collect the corresponding repayment fee without me ever agreeing to anything. I just noticed today for this and last month. Has anyone else had experience with this? submitted by /u/Hustleb3rryFinn [link] [comments]

Social◇ unclassifiedgermany · europe

23d06/03⚠ war-conflict · 3/5

Sellers are pulling homes off the market at the fastest pace since 2020

Frustrated sellers are pulling their homes off the market at an increasingly high pace, as demand weakens and bidding wars wane.

◇ unclassifiedusa

Bill Ackman sees investors repeating a mistake of 2000: Flocking to the ‘new new’ and ignoring quality names

Billionaire hedge-fund manager Bill Ackman says investors are ignoring Microsoft and other Big Tech names for the sake of the “new new thing,” like chip stocks.

◇ unclassifiedusa

23d06/03⚠ coups-regime · 2/5

Sweden outlines child care policy amid registration row over infant in Hong Kong

Swedish authorities who have taken over the care of the daughter of a Hong Kong couple with a troubled parenting history have said that whether a child faces risks at home is one of the key factors when deciding if intervention is needed. But the social services department of Sweden’s Linkoping municipality declined to comment on the legal status of the couple’s daughter Lily on Wednesday, saying doing so would harm those involved. The preschooler’s case came to light through her parents’ social

◇ unclassifiedchina · asia

23d06/03⚠ war-conflict · 1/5

Nine moments, places and objects to explain today’s geopolitical upheaval

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

Social◇ unclassifiedsocial-signal

US Crude Oil Inventories in Freefall: EIA

Crude oil inventories in the United States decreased by 8.0 million barrels during the week ending May 29, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 433.7 million barrels, according to government data, which is now 3% below the five-year average for this time of year. The EIA’s data release follows API’s figures that were released a day earlier, which reported that crude oil inventories saw a dr

◇ unclassifiedmiddle-east · russia · usa

Are We Watching the Biggest IPO Bubble Since the Dot-Com Era?

When private companies are discussing valuations measured in hundreds of billions or even trillions of dollars before going public, it becomes difficult not to ask whether markets are entering a new speculative phase. SpaceX, OpenAI, Anthropic, Databricks, Stripe, and several other private giants are collectively worth amounts that would have seemed impossible just a few years ago. Supporters argue that these businesses are creating entirely new industries and deserve premium valuations because

Social◇ unclassifiedsocial-signal

23d06/03⚠ war-conflict · 3/5

F.A.Z. Exclusive: Nursing law after a long struggle on the way

A small step for the insured, a big one for the divided coalition: Health Minister Warken's draft to stabilize care could make it more difficult for those in need to be classified as needing care.

◇ unclassifiedgermany · europe

Tax advantages for married couples: The reform proposal for spouse splitting is clever

There has been a pitiful standstill in tax policy for years. Now a new proposal could change that. He tackles two problems at the same time. A comment.

◇ unclassifiedgermany · europe

Economic Forum: AfD politicians at Putin meeting - criticism in Berlin

Vladimir Putin invited people to an economic meeting in his hometown. The AfD is there. She gets access to a close confidant of the Kremlin leader and defends herself against criticism.

◇ unclassifiedgermany · europe · russia

Comment: The EU package on technological sovereignty is right and wrong

Now it's official: The EU is publishing its change of course towards digital industrial policy. An overdue step, but one that also shows what is going wrong in Europe.

◇ unclassifiedgermany · europe

South Korea Locks In Canadian Crude, LNG in Sweeping Supply Overhaul

South Korea will triple its crude imports from Canada this year and boost LNG purchases from Canadian export projects in the coming years as the Asian economy looks to diversify energy supply amid the massive oil and gas supply shock in the Middle East. Canada and South Korea on Tuesday agreed to expand their commercial relationship in energy and natural resources during a meeting in Ottawa between Canada’s Minister of Energy and Natural Resources, Tim Hodgson, and Kang Hoon-Sik, the Republic of

◇ unclassifiedmiddle-east · russia · usa

23d06/03⚠ war-conflict · 2/5

+++ Ukraine War +++: Kremlin confirms Schröder's visit to Moscow

Russia: 754 Ukrainian drones intercepted +++ Russia announces further systematic attacks on Ukraine +++ Before the economic forum - Ukrainian drones hit St. Petersburg +++ The news blog.

◇ unclassifiedgermany · europe · russia

Private payrolls grew by 122,000 in May, stronger than expected, ADP reports

Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.

◇ unclassifiedusa

+++ Business figures +++: Luxury demand strengthens Macy's - sales grow for the first time in 15 quarters

AI boom gives HPE a record quarter +++ CTS Eventim benefits from the Winter Olympics +++ Salesforce with another record result thanks to AI - poor outlook +++ The news blog.

◇ unclassifiedgermany · europe

Data sovereignty: Cloud and chips: This is how the EU wants to become more independent from the USA

In the future, highly sensitive data will be stored on European servers and protected from foreign governments. However, the new EU law could create more bureaucracy.

◇ unclassifiedgermany · europe · usa

BörsenTag: Hochtief sets course for the Dax

The new composition of the DAX will be announced after the market closes. A look behind the method – and what to think of the potential newcomer Hochtief.

◇ unclassifiedgermany · europe · usa

Kuwait to Look at Expanding Global Oil Storage

The U.S. and Israeli campaign against Iran that began in late-February has led to unprecedented upheaval in global markets.

◇ unclassifiedmiddle-east · usa · iran

EU loses €16.7 billion annually from illicit tobacco trade, industry reports

Anti-tobacco advocacy groups describe report as a “disinformation tool”

◇ unclassifiedeurope

Trump Accounts create a 'legal backdoor' for Roth IRA wealth, tax attorney says

There’s a strategy that could help turn these new investment accounts into tax-free vehicles in retirement, some experts say.

◇ unclassifiedusa

23d06/03⚠ war-conflict · 2/5

Military: “Unhealthy dependency” – US general sees Europeans as responsible for NATO

The USA apparently has far-reaching plans to withdraw equipment and troops from NATO structures. A high-ranking US military official is now revealing details.

◇ unclassifiedgermany · europe · usa

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