Finance news

New sole leader: Christian Müller becomes sole boss of Schwarz Digits

After Rolf Schumann's farewell, Schwarz Digits is starting the next phase with Müller at the helm. In focus: Expansion as a European cloud alternative and a billion-dollar project in the Spreewald.

Social◇ unclassifiedeurope

Kids portfolio

Hi, I’m building my children portfolio I am debating between vuaa with avws to capture small cap value premium and Paul merriman 4 fund portfolio whole world value. Problem is that it can’t be replicated using ucits. Almost no value options. His portfolio is Us large value, small value, int large value and small value I can do a global funds but I’m not sure it will be the same even when the global have us in them submitted by /u/Vivid_Initial8129 [link] [comments]

◇ unclassifiedchina · asia · usa

Hong Kong keeps tight grip on housing land supply despite property rebound

Hong Kong’s government will release just one residential site for sale in the July to September quarter, maintaining a cautious approach even as the housing market rebounds, while officials argue that supply from other channels will keep the city on track to meet its housing targets. A 5,170-square-metre (55,649 sq ft) site on Fat Kwong Street in Ho Man Tin, Kowloon, will be offered through tender in the second quarter of the 2026-27 financial year, according to Development Secretary Bernadette.

◇ unclassifiedusa · korea

As SK Hynix lands in the U.S., here’s why investors should be wary of the chip sector’s ‘bubblelike’ volatility

Traders can only hope South Korea–style turbulence won’t be imported to Wall Street.

◇ unclassifiedchina · asia

Hong Kong watchdog orders removal of viral video allegedly involving singer David Lui

A viral dashcam video clip showing a heated argument inside a ride-hailing vehicle between a driver and a passenger, identified in the footage as singer David Lui Fong, has prompted Hong Kong’s privacy watchdog to order its removal, the South China Morning Post has learned. In response to the SCMP’s queries, the Office of the Privacy Commissioner for Personal Data said on Friday that it had ordered a social media platform to remove the footage, adding that the office had not yet received any...

Delta reports record revenue and a profit beat, even as fuel costs surge

Delta Air Lines’ stock was set to gain despite the company saying that profit fell — but beat expectations — even after the air carrier absorbed the highest quarterly fuel expense in its history.

Reform: Bundestag approves health savings package

After a long struggle, the coalition is bringing billions in savings in health spending through parliament, which are intended to prevent higher contributions. The law still has one final hurdle to clear.

+++ Football World Cup 2026 +++: Argentina legend Kempes rejects conspiracy theories: “Losers will always complain”

Morocco has no chance: International press celebrates France and bows to Mbappé +++ Now negotiations are underway: DFB leadership on the way to Klopp in New York +++ The World Cup blog.

Stocks are seeing increasingly wild swings post-earnings. Why even good numbers often aren’t enough to impress.

The second-quarter earnings season is off to a volatile start, offering an early test of whether investors’ high expectations for corporate profits can hold up.

◇ unclassifiedchina · asia · usa

Tanker transit through Strait of Hormuz plunges as US-Iran ceasefire fractures

The Strait of Hormuz faces a renewed plunge in maritime traffic after the United States ended its ceasefire with Iran, casting a shadow over a tentative commercial recovery, as analysts warn unaddressed differences in the framework agreement risk fuelling further escalation. Traffic volumes dropped again on Thursday, with only 14 vessels transiting the strait, down from 35 a day earlier, according to Veson Nautical, a maritime software and data provider. Real-time data from the vessel-tracking..

AI, data center fears could be key in closely watched Michigan Democratic Senate primary

Abdul El-Sayed and Rep. Haley Stevens will face off in the Michigan Democratic Senate primary on Aug. 4.

1,500 Americans filed for bankruptcy each day last year. They should have done this instead.

Personal bankruptcy filings surged 47% between 2022 and 2025. Here’s what you should do before deciding to file.

◇ unclassifiedusa · europe · germany

Rheinmetall, MBDA to develop laser weapon for German Navy

Rheinmetall and MBDA aim to field an operational laser weapon for the German Navy in 2029.

Schumann leaves: Christian Müller becomes sole boss of Schwarz Digits

Rolf Schumann is surprisingly leaving the Lidl Group's digital division after seven years. The previous co-boss Christian Müller will now be solely responsible for the expansion as a European cloud alternative.

◇ unclassifiedchina · asia · usa

Why India is turning to retired jets to sustain its depleted air force

India’s struggle to replenish its depleted fighter fleet has led one of the world’s largest defence spenders to seek spare parts from decommissioned aircraft. New Delhi recently secured nine retired British-built Jaguar ground-attack jets, which will not enter service with the Indian Air Force (IAF) but will be dismantled to help sustain its six operational Jaguar strike squadrons of about 120 aircraft. Analysts said the acquisition was a practical stopgap but also exposed a deeper weakness in..

◇ unclassifiedmiddle-east · russia · usa

IEA Warns Renewed U.S.-Iran Conflict Could Upend Oil Surplus Forecast

Despite the tentative recovery of oil flows through the Strait of Hormuz and the first build-up in global stocks since the war began, this week’s re-escalation of the U.S.-Iran hostilities could flip the outlook for an oil market surplus for next year, the International Energy Agency said on Friday. Oil prices have plunged since the United States and Iran signed the memorandum of understanding (MoU) in the middle of June, with North Sea Dated prices down by $31 per barrel in June to $68 a barrel

Fiber optic: How AI and war are strangling fiber optic expansion in Germany

Fiber optic expansion in Germany is stalling again. Prices have quadrupled. Why is that?

◇ unclassifiedgermany · europe · china

Southeast China: At least 28 dead after factory fire

A fire broke out at a shoe factory in the southeastern Chinese city of Jinjiang on Thursday. According to Chinese state television, around 240 people were at the site. More than 500 emergency services were deployed.

Right to repair: Repairing instead of throwing things away will soon become mandatory

The washing machine no longer spins, the vacuum cleaner stops working, or the smartphone doesn't charge: instead of replacing devices with new ones, they should soon be repaired more frequently.

◇ unclassifiedchina · asia · germany

Man nearly sucked out of ‘detached’ window on Ryanair flight

A man was nearly sucked out of the window of a Ryanair flight when it “detached” mid-air en route to Germany, with other passengers pulling him back inside, witnesses and officials said. The passenger, described as a tourist from Serbia on a flight from Thessaloniki in Greece to Memmingen in Germany, has been hospitalised with friction burns but was otherwise in good condition, authorities said. “Most of us had fallen asleep, we had closed our eyes. There was a noise, like a tyre bursting,” a...

◇ unclassifiedgermany · europe · usa

Car manufacturer: BMW sales are shrinking due to weak China business

Problems in the Chinese market are depressing BMW's sales figures. In Europe and the USA, however, business is growing. BMW can make gains again, especially when it comes to electric cars.

◇ unclassifiedgermany · europe · uk

Be careful with self-diagnoses: Do I have ADHD? Why a well-founded diagnosis is so important

There are numerous videos and tests on the Internet that are intended to provide information about whether you may have ADHD. What they bring and why they cannot replace structured diagnostics.

Sentiment against landlords: apartments in danger

The federal government wants to dissuade the state of Berlin from nationalizing private housing. But the coalition is also planning to intervene in the housing markets.

Abivax $920 million cash haul lets it prepare for solo U.S. launch instead of relying on a buyer, CEO tells CNBC

Its latest fundraising round provides the French biotech with enough cash to finance operations through 2029.

Social media: EU: Instagram and Facebook pose too great a risk of addiction

How dangerous are Instagram and Facebook for children and young people? After two years of investigations, EU auditors are making allegations against the Meta Group. This could have far-reaching consequences.

Social◇ unclassifiedeurope · germany · usa

Childfree civil servants in Germany

My partner (30F) and I (30M) are both Beamte (German civil servants with lifetime tenure). No kids by strong conviction, no mortgage, no debt. Our financial base is structurally different from most FIRE paths I see discussed here, and I'm curious whether others in Europe have a similar setup, or whether we're genuinely an edge case. We're essentially unfireable with a guaranteed government pension indexed to inflation. That pension isn't amazing, but it's a floor that eliminates the biggest FIRE

Brussels threatens: Facebook and Instagram should end infinite scrolling

Facebook and Instagram are addictive, says the EU Commission and is ordering extensive changes. Will there be a ban on social media for minors in the fall?

◇ unclassifiedchina · asia

Why Payward chose Hong Kong to be its Asian stablecoin gateway

With its multi-currency advantages and regulatory clarity, Hong Kong has become a critical gateway connecting stablecoins – cryptocurrencies pegged to a stable asset like the US dollar – with traditional finance. Executives said this would help businesses cut costs, lower risks and support expansion into emerging markets. The city’s unique positioning stemmed from its century-long role as a gateway for international business, said Arjun Sethi, Co-CEO of Payward, the parent company of Kraken – a.