Finance news

Majority of U.S. workers support an AI wealth fund as tech layoffs surge, survey finds

A majority of U.S. employees now want an AI sovereign wealth fund to hold corporations more accountable, according to a recent survey, as tech layoffs rise.

I've studied more than 200 kids: Parents whose kids still confide in them as adults do 7 things early on

After studying more than 200 parent-child relationships, parenting expert Reem Raouda shares the habits that help kids feel comfortable talking to their parents — from childhood through adulthood.

Iran War: Trump's strategy against Iran - a fatally wrong assessment

US President Trump plunged into war against Iran without a plan. This is now taking its toll. The regime in Tehran is clearly in control.

Top Wall Street analysts are confident about these 3 stocks for the long haul

Those looking for attractive stock picks amid the ongoing volatility can gain key insights by tracking the recommendations of top Wall Street analysts.

Chinese state-owned firms set up semiconductor funds amid calls for ‘patient’ capital

Companies backed by the state and provincial governments in China have announced new funds to focus on the semiconductor industry, which requires a large amount of time and resources to grow, at a time when the country is in need of more “patient capital”. China Life Insurance, the country’s largest life insurer, backed by the State Council, said it would establish a partnership with total capital of 5 billion yuan (US$737 million) that “principally invests in companies operating in the...

Could China’s lunar laser tower bring Nikola Tesla’s free energy dream to life?

Legendary inventor Nikola Tesla’s dream of transmitting electricity wirelessly never became a reality on Earth. But more than a century later, Chinese scientists believe the concept could find its first practical application on the moon. Their proposal focuses on the moon’s south pole, where crater rims receive near-continuous sunlight while permanently shadowed regions nearby – believed to contain valuable “water ice”, or frozen water trapped on or beneath the lunar surface – remain in...

Gottfried Greschner: “We initially had no idea how such an IPO worked”

25 years ago, Init was the last company to go public on the Neuer Markt. Today the founder is 79 – and still sells digital solutions for buses and trains.

Savings measures: Prien only wants maintenance advances until his 16th birthday

The state steps in with an advance payment if parents do not pay maintenance for their children. More money has been needed for this in recent years. The family minister now wants a cut.

+++ Ukraine War +++: Changes in the cabinet: Zelensky suggests replacing Prime Minister Svyrydenko

Zelenskyj wants to punish the military after attacks near Kiev +++ Klitschko warns of an increase in Russian attacks on Kiev +++ Ukraine attacks refinery in the Volga region of Samara +++ The news blog.

Markets Insight: SpaceX – a stock with many obstacles

One month after the IPO, the space company's shares are worth less than at the start of trading. This leaves analysts struggling to explain.

Trump ally: US Senator and Trump friend Graham is dead

The US Republican Graham had just visited Kiev and wanted to run for election again in November. Now the long-time senator has died unexpectedly. Trump loses an ally.

Inside America: Gasoline far below market price – Trump discovers the fuel discount

Donald Trump declares communism to be America's greatest danger - but promotes fixed-price gas. Who pays for it? Unclear. But it is clear what this will bring before the approaching midterms.

How can Hong Kong age well?

Five Guys to open in Beijing as more US chains hunger for success in China

American burger chain Five Guys will debut its first Beijing store next month, the company said last week, joining a group of US fast-food brands newly entering or accelerating their expansion in China. Chains including Wendy’s, Chili’s, Texas Chicken and Popeyes are hoping to grab a slice of the world’s second-largest consumer market as they face saturation at home, analysts said. Five Guys opened its first China outlet in Shanghai in 2021 and drew large crowds. It plans to open three locations

‘I’m lonely’: why are 50% of Hong Kong’s elderly socially isolated – and what can help?

In the first of a five-part Health Matters wellness series on ageing in Hong Kong, Fiona Sun examines rising social isolation among the elderly, its serious health risks and how activities and community support are helping seniors stay socially engaged. Chow Kam-shim, 92, and her husband Lau Moon-wing, 100, still face off against opponents every day on the boccia court at their residential home for the elderly in Hong Kong’s Po Lam. Focused and steady, the couple send coloured leather balls...

TotalEnergies Sells Small-Scale Solar Assets in Europe

The sale is part of TotalEnergies' efforts 'to refocus its renewable development on large utility-scale solar and wind farms in order to benefit from economies of scale', the French energy giant said.

Brace for heavy rain and squally thunderstorms, Hong Kong Observatory warns

Hong Kong’s observatory has warned of heavy showers and squally thunderstorms over the city in the coming week, but said it remains uncertain whether the low-pressure trough driving the storms will develop into a tropical cyclone. A spokesman for the Hong Kong Observatory said on Sunday that convective clouds associated with a broad trough of low pressure have been affecting the central South China Sea and are expected to bring heavy rain and thunderstorms to the city on Tuesday and...

Drone war: Why Ukraine is attacking ships in the Sea of ​​Azov

By occupying a land corridor to Crimea, Russia turned the Sea of ​​Azov into an inland body of water - convenient for supplying the front. Now Kyiv is turning this into a deadly trap for the Russians.

Auto industry: Porsche boss is threatened with the first conflict with the owner families during the restructuring

The employees only want to accept Michael Leiters' severe staff cuts if the location is secured for ten years. That’s too long for the Porsche family – and not just them.

65 arrested as Hong Kong police raid unlicensed nightclubs, gambling dens

Hong Kong police have arrested 65 people in a crackdown on a criminal syndicate accused of running unlicensed nightclubs and gambling dens, where suspects allegedly served illicit drugs and hired illegal workers as hostesses. Superintendent Ching Chi-yan said on Sunday that the force’s intelligence indicated a criminal syndicate was running illegal nightclubs inside industrial buildings in Hung Hom, as well as gambling dens in other areas of Kowloon West, prompting the operation. “Over the past.

Shortly after commissioning: The newly renovated railway line from Hagen to Cologne was only accessible to a limited extent

Shortly after the months-long general renovation was completed, traffic on the railway line between Cologne and Wuppertal was once again affected. Damage was found on a bridge.

Why China’s ethnic unity law marks shift in policy towards assimilation

China’s new law on ethnic unity signals a shift in Beijing’s focus from handling specific ethnic matters to assimilation, according to a party ethnologist. The Law on Promoting Ethnic Unity and Progress, which took effect this month, provides a framework that analysts say is designed to counter Western ideological influence and provide a statutory mandate for assimilating minority groups. However, it has triggered concerns from the United States and the European Union about forced assimilation..

Dear expat-investors how do you manage with the czech language, bureaucracy and public institutions/clerks from the Czech Republic ?

Did you "hire" somone to help you with these administrative things and how did you find that person ? What kind of situations were the most difficult for you do deal with ? Did you were scammed/deceived ? I'm from E.U Thanks. submitted by /u/JonOwn1805 [link] [comments]

South Korea under emergency advisory as heatwave days increase

South Korea issued its first-ever emergency heatwave alert on Sunday under a new warning system launched this year, advising people to halt outdoor activities and keep cool. The new warning system was introduced to better deal with a rising number of heatwaves in South Korea, which have become longer and more intense, officials said. An emergency alert is issued when areas experiencing a heatwave are forecast to hit perceived temperatures of 38°C or an actual temperature of 39°C for one...

Energy: Entrepreneur calls for “zero hour” when it comes to feed-in tariffs

Philipp Schröder would like to see more consistency in changes to the German electricity system. This is crucial for almost all areas of life, says the boss of the energy company 1Komma5 Grad.

State election: The AfD and its 100-day plan for Saxony-Anhalt

Cheers for Ulrich Siegmund, accusations against the CDU and a plan with radical demands – what the AfD plans to do in Saxony-Anhalt after the state elections.

World AI Conference, South Korea monetary policy, China economic data

China's 'digital kids' drive surging popularity of 3D printers

Iran War: USA and Iran: Conflict over Strait of Hormuz escalates

The US military is attacking Iran for the third time in a week. The trigger was Iranian shelling of a ship in the Strait of Hormuz. A diplomatic solution is becoming more distant.

My turning point: “I didn’t give up on my goal, I just looked for a new path”

Thomas Mehls, the current boss of Cewe, wanted to become a journalist. Shortly before studying, he realized that he didn't have the talent for it. And remembered his strengths.