Finance news

Economic forum: The Foreign Office advised the AfD against traveling to Russia

AfD politicians are guests at Russian President Vladimir Putin's economic forum in St. Petersburg. The federal government is against the trip.

Hospitality industry: “No Jews allowed”: Upper Palatinate hotel causes outrage

A hotel in the Bavarian Forest shocked a guest from Israel with a discriminatory response. Now the judiciary is investigating – and international outrage is growing.

Three reasons Palo Alto Networks’ stock is falling despite upbeat earnings

Analysts attribute the stock drop to profit-taking, the timing of AI contributions and changes to reporting conventions.

Felix Banaszak: Investigations against Green Party leader over second home tax

According to his own statements, the Green party leader has accidentally paid too little second home tax since 2022. He apologizes, announces additional payment and cooperates with the authorities.

The US is delaying weapon sales to allies. Will there be long-term impact?

A number of factors may “lead even long-standing allies and partners to question whether or not it’s wise to continue to depend on the United States for essential defense articles and services,” one analyst said.

Armament: Rheinmetall sells remaining civilian businesses

Rheinmetall is selling its remaining auto and energy activities to Aequita. The purchase price is around 350 million euros.

Petersburg Economic Forum: Drones and smoke overshadow Putin's economic forum

Russia wants to shine before the world at its international economic forum in St. Petersburg. However, a Ukrainian drone strike sets an oil refinery on fire. Black smoke rises.

Diseases: WHO chief: “We are lagging behind in the fight against Ebola”

Only 45 percent of contacts with people infected with Ebola are currently isolated - and, according to the WHO boss, this is significantly too little. The virus has a head start so far.

Want to save the planet? Stop being so polite to AI chatbots

Skipping pleasantries like “please” and “thank you” when talking to chatbots could save enough energy to power the annual needs of 760,000 residents in sub-Saharan Africa, highlighting the massive but often hidden environmental toll of artificial intelligence, according to a new UN report. Released by the Institute for Water, Environment and Health under the United Nations University, the UN’s academic arm, the study published on Wednesday also warned that the true cost of AI extended far beyond

Arms industry: Rheinmetall sells car division – the price is lower than hoped

After long negotiations, the investment company Aequita is taking over the civil business of the DAX group. However, Rheinmetall boss Armin Papperger has to make major concessions.

Deadly Russian Strikes Across Ukraine Renew Calls for More Air Defenses

Despite more than four years of full-scale war and repeated attacks on civilian infrastructure, Ukrainians were shocked by the intensity of the latest Russian missile and drone barrage overnight that left death and destruction in Kyiv, Dnipro, and other cities. The June 2 attack came days after Moscow warned of further strikes on the capital, including against what it called Ukraine's "decision-making centers," and urged foreign citizens and diplomats to leave the city. Russia pummeled the Ukrai

I’m 73 and living 100% off dividends from my stocks. How can I create even more income?

A “bulletproof” portfolio may be impossible, but you can try to get close if you have enough money invested

Europe unveils tech sovereignty package amid growing concerns over reliance on U.S. tech: 'We want to be sure nobody has a kill switch'

The proposals include new acts to bolster advanced chip manufacturing and homegrown cloud computing.

China, tungsten and a supply shock in metal critical for war that will last far beyond Iran conflict

Simultaneous wars in Ukraine and Iran have depleted sources of tungsten, a largely obscure metal that is critical to munitions and industrial production.

Repsol Adds 200,000 Tons of Annual Capacity for Renewable Fuel Production

The Spanish energy company producing renewable diesel at its Puertollano Industrial Complex in Ciudad Real, its second plant dedicated exclusively to producing 100 percent renewable fuels.

Collective bargaining: Verdi announces new nationwide warning strikes in retail

Warning strikes again: In the ongoing collective bargaining, the union is increasing the pressure on employers in retail - with rallies in several cities.

Artificial intelligence: AI assistant cracks telephone million in medium-sized businesses

The Viennese start-up Fonio now counts over a million AI calls every month. Founder Daniel Keinrath advertises GDPR-compliant servers in Germany.

Funding: The federal government cannot get rid of ten billion euros

First the special fund, now the “climate and transformation fund”: the federal government is unable to spend its billions on investments. A new report explains the reasons.

High depreciation: Rheinmetall sells car division to financial investor Aequita

At the beginning of May, the FAZ reported exclusively that Rheinmetall is negotiating with the financial investor Aequita about the sale of its ailing car division. Now the deal is sealed - and with it the farewell to the civilian business.

Defense: Major NATO states block minimum aid target for Kyiv

NATO Secretary General Mark Rutte's proposal to set a minimum annual contribution for military aid to Ukraine will remain without a majority. The backgrounds.

Meta is trying to sell AI agents to businesses in latest effort to diversify away from ads

The Meta Business Agent will be included in the company's Meta One paid subscription offerings.

Technology: EU Commission: Save independence in chips and clouds

Dangerous addiction? Important data is held by US cloud providers, Europe's auto industry relies on chips from China. Brussels suggests how digital unbundling could work.

Rep. Virginia Foxx is the only member of Congress trading $ARLP, and she just bought more

Rep. Virginia Foxx (R-NC) is the only politician in Congress who has ever disclosed trades in Alliance Resource Partners ($ARLP). She’s done it 27 times now, and today she disclosed another $1K–$15K buy. Performance when you copy her $ARLP buys on the day they become public and hold for 90 days: +6% median SPY-adjusted return +9% median return 65% win rate (23 trades) Nothing insane, but very consistent for an energy name most people have never heard of. I analyze congressional trades after disc

We're starting a position in a chipmaker that is benefiting from the AI boom in multiple ways

We're initiating our stake on the smaller size, giving us room to build it up over time.

Iraq Looks to Triple Pipeline Oil Exports as Hormuz Remains Closed

Iraq plans to triple within three months its exports of crude oil through Kurdistan to the Turkish Mediterranean port of Ceyhan as OPEC’s second-largest producer is one of the Middle East’s producers worst affected by the closed Strait of Hormuz. The Iraqi government has approved a plan to hike crude exports to Ceyhan and onto international markets from the Mediterranean as the blocked Strait of Hormuz has cut most of Iraq’s oil shipments. Iraq is seeing the worst of the Middle East crisis as it

Piero Cipollone: Europe’s money evolves so people’s freedom to pay remains

Check your rent bill: You could be paying a monthly fee for a service you didn’t know you signed up for

A property-management technology company is charging people for a credit-repair service without their knowledge, a new class-action complaint alleges.

My turning point: “Sometimes I stood alone, sometimes Werner decided something completely on his own.”

Kieser boss Michael Antonopoulos learned in the kitchen of the company founder and his wife who he was more likely to get through with. And to offer resistance that is paying off today.

Nico Lange: Putin knows it, the elites know it - and people feel it every day

Behind the show of strength at the economic forum in St. Petersburg, Russia's economic crisis is becoming increasingly obvious. Europe's scope for maneuver is growing. A guest post.

Pharmaceutical company: Boehringer cancels investments of 900 million euros in Germany

The pharmaceutical company Boehringer Ingelheim is withdrawing investment plans in Germany. The reason is poorer general conditions and the planned austerity law in the healthcare system.