Finance news

Payment service provider: Brussels public prosecutor's office investigates Wise - shares collapse

Belgian investigators are investigating whether Wise accounts were used by criminals. It's about possible money laundering and suspicious transactions worth more than 500 million euros.

Anthropic: EU cybersecurity agency gets access to language model “Myth”

Anthropic gives the EU cybersecurity agency access to its language model. The AI tool can detect vulnerabilities in systems and numerous US companies are already using it.

◇ unclassifiedgermany · europe · china

Competition: China's industry receives more subsidies than competitors

Around 60 percent of China's market share gains can be explained by subsidies. Subsidies have also increased in other countries. Three sectors are particularly affected.

Bank manager: 12,000 euros in cash for Maldives flights? Sparkasse boss under pressure

Business class tickets, paid for with miles from a third party and cash to an agent: Sparkasse boss Abel's statements about luxury flights with his family raise new questions.

◇ unclassifiedgermany · europe · iran

Middle East: Israel attacks Lebanon despite ceasefire – Iran reacts

The offensive against Hezbollah continues to expand. The escalation is now endangering the historic peace talks with Lebanon and Iran and putting Israel's partners in distress.

Schumer says Democrats will force Senate votes to block Trump's DOJ 'lawfare' fund

Opposition to the $1.8 billion Justice Department fund, which critics call a "slush fund," helped grind Senate floor action to a halt last month.

◇ unclassifiedgermany · europe · usa

Draft guidelines: EU restricts US cloud companies' access to tenders

The EU Commission is planning to restrict the awarding of cloud contracts. Large cloud providers from the USA may be affected by the legislative package.

◇ unclassifiedgermany · europe · usa

Wall Street: US stock markets are hardly changed - oil prices jump over five percent

Iran has stopped negotiations for the time being. The price of oil then rises sharply - but the ongoing AI rally can support tech stocks.

What you need to know: Did you concede a point in Flensburg? This applies to traffic violations

A point is not a point: But at what point does it become critical, what are points for - and why in Flensburg? An overview.

Gold price: Will the tax office receive a notification about my gold sale?

Can private investors sell their gold tax-free if there is no proof of purchase? Would the tax office even notice anything? That's what an expert advises.

Free Democrats: Wolfgang Kubicki cannot do without a liberal

The new FDP leader must approach his critics. Even if their attack at the party conference damaged the Free Democrats. An analysis.

Inheritances: How to get rid of an unwanted property from your estate

From the WiWo archive: A reader would like to secure a valuable property from the estate, but would like to get rid of a worthless property. Legal expert Claus-Henrik Horn explains possible strategies.

◇ unclassifiedgermany · europe · uk

Column “Hank’s World”: The Winner’s Curse

In theory, auctions are a good thing. In practice there are problems.

Remote work is worsening youth unemployment, New York Fed finds

The expansion of remote work may explain the recent surge in youth unemployment, according to research by the Federal Reserve Bank of New York.

‘I am 71 and comfortable’: Should I sell $10,000 in stock to visit my grandkids in Thailand — or dip into my $50,000 savings?

“The trip is worth the expense, especially while I am still healthy enough to travel.”

32d06/01⚠ war-conflict · 1/5

€20,000 real-time transfer not to recipient account

Hello everyone, my wife and I are about to buy a house and need proof of equity for the bank. For this purpose, my wife's father transferred €20,000 to his daughter's ING account in real time. The IBAN was correct and was verified using the four-eye principle. The money has now been debited from my father, but even after 4 hours my wife has not received any money. According to ING, it will be at the savings bank, otherwise there is something in my wife's ING app

Social◇ unclassifiedgermany

Social◇ unclassifiedeurope · usa

high risk economic suicide to avoid unsustainable cost of living raise in this rat race

Scared to actual suicide, thinking about economic one. It may feel strange to read something like this in this subreddit, I hope it won’t get deleted. I’m in my mid 30, grow up in south Europe, I should be a young professional “launched” in the core of his career but basically every second of my life I feel stuck in endless cycle of fear of insecurity (about income, shelter) and total despise of the corporate world. I don’t want to give a comprehensive story of my life, and I forecast many answe

Social◇ unclassifiedsocial-signal

How many holdings before diversification becomes diworsification?

I have seen many portfolios with 40 to 60 positions that basically end up mirroring indexes while still charging management fees. At some point too much diversification just feels like complexity for the sake of looking sophisticated. how many holdings do you all think is normal for a portfolio which is starting to scale from pension funds? submitted by /u/muhammedaroos [link] [comments]

32d06/01⚠ war-conflict · 2/5

U.S. manufacturers extend best hot streak since 2022, so why aren’t business leaders happy?

American manufacturers grew in May for the fifth month in a row — the biggest winning streak in four years — but lingering anxiety about the Trump tariffs and a rise in inflation tied to the Iran war left business leaders anxious.

◇ unclassifiedusa · iran

32d06/01⚠ war-conflict · 2/5

+++ Iran War +++: Tehran stops talks with the USA because of the Israel offensive - stock markets give in immediately

Netanyahu orders attacks on southern districts of Beirut +++ Thousands of people fleeing Israeli attacks +++ Centcom: Iran has attacked US troops in Kuwait +++ The news blog.

◇ unclassifiedgermany · europe · usa

32d06/01⚠ war-conflict · 1/5

Iran stops negotiations with U.S., vows to 'completely' block Strait of Hormuz: State media

submitted by /u/Kooky_Strategy_9664 [link] [comments]

Social◇ unclassifiediran

Crime: Court orders extradition of neo-Nazi Liebich

Liebich is expected to be handed over to the German authorities in the near future. How the right-wing extremist could prevent this after the decision of the Pilsen Regional Court.

Strategy shares fall after selling $2.5 million in bitcoin, its first sale since 2022

Michael Saylor's Strategy sold bitcoin for the second time ever as geopolitical uncertainty continues to weigh on the cryptocurrency's price.

Statutory pension: Is it worthwhile for civil servants to reimburse pension contributions?

From the WiWo archive: Our reader is a civil servant in Bavaria. However, before he started working, he had paid statutory pension contributions. They are not enough to qualify for a pension. What now?

◇ unclassifiedmiddle-east · usa

Eni, Seri Industrial Agree Integrated Battery Partnership in Italy

Eni and fellow Italian company Seri Industrial agreed to launch a partnership that spans the lithium iron phosphate battery value chain in the country.

The massive run-up in AI stocks this year may be built on a ‘token mirage’

Trading veteran Kevin Muir, author of the Macro Tourist on Substack, raises questions about true demand for artificial intelligence.

32d06/01⚠ war-conflict · 1/5

Eastern European wedding in Germany: Expensive, beautiful and no regrets

Wedding budget migration children edition. Since we are currently listing costs for weddings here at r/finanzen and I immediately reminisced about positive memories, I was happy to go through our positions again. At that time we had around €6,000-7,000 net per month together and got married in 2020/2021. In 2020, the registry office was still in the middle of Corona, so there was initially only a small celebration with only around 25 people, i.e. what was allowed at the time. 2021 came Tuesday

Social◇ unclassifiedgermany · usa · europe

32d06/01⚠ war-conflict · 2/5

Interview: “The robber barons of the 19th century resemble the tech elite”

From the Handelsblatt archive: Historian Margaret O’Mara warns of the Valley billionaires’ plans. In the interview, she explains why many of the tech titans' ideas are silly - but they need to be taken seriously.

◇ unclassifiedgermany · europe · australia