Finance news

Economics Minister: “Internal turbulence is serious”: Katherina Reiche is being tough on her own ministry

Personnel policy, distrust, sick leave: Katherina Reiche receives a lot of criticism in an internal meeting. The minister first reacts conciliatoryly, then defends herself.

Do stocks rise simply because more people have the opportunity to invest?

It sounds like a completely banal or stupid question, but I have the feeling that simply investing through Neobrokers means that a lot more stock volume is traded. Compared to 10/20 years ago, surely there are so many more people in ETFs that this is already having a noticeable effect? Can you even compare today's share prices or key figures with those of 20/30 years ago? Is this a water is wet hypothesis or does the idea make sense? submitted by /u/JonSnowKnowsNothing9

Auto industry: Stellantis strengthens production in France with billion-dollar investment

In the future, three new electric and hybrid models from Peugeot will roll off the production line at the French plant in Mulhouse. The investment also affects the balance of power in the car company.

Tanks, ammunition and ships: billion-dollar order for Rheinmetall from Romania

Rheinmetall has been busy making acquisitions and expanding, most recently in naval shipbuilding. The defense company is now benefiting from its role as a full-service supplier for the first time: Romania is ordering for almost six billion euros.

Toyota unveils new racing-inspired GRMN Corolla, with sales set for 2027

Japan's Takaichi to decide this month on cutting food tax to 1%

How long will it take to replenish the US military’s munitions stockpiles?

This week on The Break Out, we look at how long it might take to restock thousands of US munitions used against Iran.

Agencies remove additional references to reputation risk

Agencies remove additional references to reputation risk

Bank takeover: Unicredit increases Commerzbank share to over a third

Unimpressed by the resistance in Germany, Unicredit is expanding its stake in Commerzbank. Now the next important threshold has been crossed.

Space travel: Polaris announces first test flight for larger spaceplane

It's a spectacular undertaking: Polaris wants to build an airplane that is also a rocket. This could revolutionize the entire German space program.

Handelsblatt evaluation: Insiders see favorable entry opportunities with these three DAX latecomers

In May, executive boards and supervisory boards took advantage of price declines to buy, especially in standard stocks. A company insider cashed in on the DAX stock, which performed best this year.

Trump picks housing Dir. Bill Pulte as acting intelligence chief, replacing Tulsi Gabbard

Pulte has alleged wrongdoing related to mortgages against Trump's foes, Federal Reserve Governor Lisa Cook and New York Attorney General Letitia James.

Commodities regulator alleges Winklevosses' Gemini crypto exchange was politically targeted

CFTC chair Michael Selig said the agency's enforcement action against Gemini was part of a broader campaign against the crypto industry under President Biden.

A personal milestone

Save and invest after 10 years. Amazing run on the stock market despite everything. submitted by /u/Bulky-Tonight7599 [link] [comments]

Today: This ETF portfolio provides passive income

Inflation in the euro zone rises to 3.2 percent. The ECB is likely to react to this soon. Also: With these three funds you receive monthly distributions.

Update for e-luxury liner: Rolls-Royce Specter receives more power and range

It offers more than enough glamor and glory, but technically the Rolls-Royce Specter had fallen behind. With an update, the British are bringing the electric luxury liner forward again.

US, NATO allies to launch scaled-back Baltic Sea drills

Officials say the smaller footprint reflects operational realities rather than waning commitment.

Anthropic expands Mythos to 150 additional organizations in more than 15 countries

Anthropic initially released Project Glasswing to about 50 partners in April to test the model for cybersecurity flaws.

Germany in transition: The second shock is called AI – and this time the network is missing

Germany is currently heading towards the second major shock in its recent economic history. The first came with reunification. The second is called artificial intelligence – and is faster and bigger.

SpaceX: Musk wants to reduce IPO fees – banks are still expected to earn around $500 million

Elon Musk's SpaceX is negotiating a fee of less than 0.75 percent for its IPO. Participating banks could still generate the highest revenue ever.

Raw materials: Critical antimony project is on the brink

A Canadian company wanted to mine the defense raw material in Slovakia. But now the Slovakian government surprisingly revoked the company's license.

Falcon Now under Tamboran

The merger consolidates Tamboran's position in the Beetaloo Basin onshore Australia's Northern Territory into a leading 2.8 million net prospective acres.

NYC bar uses prediction markets to hedge against a new financial risk: A Knicks victory

Wall Street investors use financial derivatives to hedge against shifts in interest rates and exchange rates. Farmers use them to lock in the price of their crops. Now, one New York City bar is using Kalshi, a CFTC-regulated prediction-markets platform, to hedge against another kind of risk.

US Navy selects companies for at-sea MUSV prototype testing

The U.S. Navy announced on Friday that it had selected seven companies to compete to secure the service’s Medium Unmanned Surface Vessel contract.

Semiconductors: Nvidia boss sees Marvell as the next “trillion-dollar company” – shares rise in double digits

Nvidia boss Jensen Huang has dared to make a prediction. Marvell shares reacted and rose by over 25 percent. Nvidia itself should benefit from the statement.

Analysts Tell OPEC+ Hormuz Disruption Will Last Through Year End

Consultants and analysts gathered at OPEC's Vienna headquarters for a technical meeting on Monday.

Arms industry: Rheinmetall wins record order

Rheinmetall secures a 5.7 billion euro order for tanks, anti-aircraft defense and ships in Romania. Production there is expected to grow strongly.

Job openings in April surged to 7.6 million, the highest in nearly two years

The Bureau of Labor Statistics reported that available employment hit 7.6 million for the month, a surge of 731,000 from the prior month.

Armament: Rheinmetall wins record order – tanks and ammunition for Romania

Rheinmetall has received one of the largest orders in its company history. The deal strengthens the group's position in the European defense market.

War in the Middle East: Iran: No more talks with the USA

For Iran, peace in Lebanon is considered part of negotiations with the USA. Iranian media are now reporting that Tehran is no longer negotiating with Washington because of the fighting there.