Finance news

Are systemic safety failures to blame for China’s deadly mine blast?

A gas explosion that killed at least 82 people in central China – the country’s worst mining disaster in more than a decade – was the result of systemic safety failures across multiple parts of the production chain, according to miners and industry insiders. The Friday blast at the Liushenyu Coal Mine in Shanxi province also left two people missing and 128 survivors in hospital, including two in critical condition. Miners interviewed by the South China Morning Post said several workers had not..

Manager Magazin47d05/25⚠ war-conflict · 2/5

Papst Leo XIV. fordert strenge Regeln für den Umgang mit künstlicher Intelligenz

Das Oberhaupt der katholischen Kirche blickt kritisch auf die Gefahren der künstlichen Intelligenz. In seinem ersten umfangreichen Kirchenschreiben sorgt sich Papst Leo XIV. um öffentliche Güter, Grundrechte und den Einsatz von KI im Krieg.

◇ unclassifiedmiddle-east · usa · europe

Rigzone Oil News47d05/25

OEUK Holds Emergency Talks with Industry Leaders

'The government must support our own producers, industries, and workers', OEUK Chief Executive David Whitehouse said.

MarketWatch47d05/25

‘There is zero transparency’: My friend’s sister controls their mother’s estate. How can we stop her from stealing?

“The sister claims she does not have to explain herself to anyone.”

◇ unclassifiedusa

South China Morning Post Business47d05/25⚠ war-conflict · 3/5

19 taken to hospital in Japan after suspected tear gas released in Tokyo mall

A suspected tear gas incident at Tokyo’s Ginza Six luxury shopping centre left 26 people feeling unwell on Monday, prompting a large emergency response in one of Japan’s most famous commercial districts. The incident took place around noon at the mall in Tokyo’s Chuo ward after police received an emergency call reporting an irritating smell and people coughing inside it, Japanese media reported. Nineteen of the 26 people affected were taken to hospital after complaining of symptoms including...

◇ unclassifiedchina · asia · japan

Alibaba’s Qwen catches up with ‘Sharif speed’ to help forge Pakistan deal

On the first leg of his four-day China visit, Pakistan’s prime minister – famed for “Sharif speed”, a term describing his swift execution of development projects – met his match in a leading AI tool. Shehbaz Sharif, keen on accelerating his nation’s digital economy with the help of Chinese firms, issued a surprise request during his visit to Alibaba’s headquarters in Hangzhou on Sunday afternoon. “I want a comprehensive strategic agreement,” Sharif challenged Joe Tsai, Alibaba Group chairman,...

◇ unclassifiedmiddle-east · russia · usa

CNBC Top News47d05/25

When are prediction markets most helpful? Evercore ISI has a formula

Evercore ISI strategists provide insight for when prediction markets are useful for forecasting.

◇ unclassifiedusa

OilPrice.com47d05/25

Sinopec Boosts China's Shale Oil Output

Sinopec’s Jiyang shale oil base in Shandong province has ramped up output in recent months, raising Chinese shale production and domestic resources and output as the world’s biggest crude importer looks to boost its energy security. Cumulative oil production at Jiyang has topped 2 million tons, Chinese media reported on Monday. The Jiyang base, which covers about 7,300 square kilometers, or 2,820 square miles, in the Shandong province in east China, increased shale oil output by 15% in the first

◇ unclassifiedchina · asia · usa

China praises Pakistan’s Middle East peace efforts as both sides pledge close coordination

Chinese President Xi Jinping has thanked visiting Pakistani Prime Minister Shehbaz Sharif for the country’s “proactive role” in mediating between Iran and the United States. Monday’s meeting came as the two countries marked the 75th anniversary of the establishment of diplomatic ties, with both sides pledging to maintain close communication and coordination to promote peace and stability in the Middle East, according to Chinese state news agency Xinhua. The pair, along with Chinese Foreign...

Türkei: Erdogan macht Schließung liberaler Uni in Istanbul rückgängig

Kurz vor Semesterende stand eine renommierte Hochschule in der Türkei vor dem Aus. Die Studierenden demonstrierten dagegen – und können nun einen Erfolg verzeichnen.

Sipri-Bericht: Forscher besorgt um internationale Friedensmissionen

Friedensmissionen sind am Limit: Den UN-Blauhelmen fehlen Milliarden, Truppen werden abgezogen, Konflikte nehmen zu. Forscher sehen den Einsatz in einer gefährlichen Abwärtsspirale.

Handelsblatt47d05/25⚠ war-conflict · 2/5

Dax-Sentiment: Diese Indikatoren sprechen für steigende Kurse am Aktienmarkt

Der Weg für neue Börsenrekorde ist bereitet, zeigt eine Handelsblatt-Umfrage. Zwar ist die Kaufbereitschaft niedrig, aber in der Vergangenheit war das eine konstruktive Ausgangslage.

◇ unclassifiedgermany · europe · uk

Manager Magazin47d05/25

Deutsche Anleihen legen deutlich zu

Die Entspannung im Nahen Osten treibt nicht nur die Aktienkurse. Auch die Sorgen, EZB-Präsidentin Christine Lagarde könnt die Zinsen kräftig anheben, lassen nach – das lässt Anleihekurse steigen.

South China Morning Post Business47d05/25⚠ war-conflict · 3/5

Taipei ‘optimistic’ about arms deal even after US Navy chief says it’s on ice

Taiwan’s defence minister said on Monday he remained “cautiously optimistic” about US approval of an arms package for the island, even as a senior Pentagon official said Washington would put the sale on hold. The reassurance by Wellington Koo Li-hsiung came after acting US Secretary of the Navy Hung Cao said Washington was pausing the proposed deal to ensure the US military had sufficient ammunition to continue its war on Iran. “We’re just making sure we have everything, but then the foreign...

◇ unclassifiedchina · asia · usa

Reuters Business47d05/25

Xi hails 'unbreakable' Pakistan ties, praises Iran peace efforts - Reuters

Xi hails 'unbreakable' Pakistan ties, praises Iran peace efforts Reuters

◇ unclassifiedeurope · iran

WirtschaftsWoche47d05/25

Debatte über Einsparungen: Elterngeld und Rente – was die Koalition jetzt diskutiert

Finanzminister Lars Klingbeil (SPD) hat alle Ressorts zum Sparen verpflichtet. Auch beim Elterngeld soll gekürzt werden. Neben Rentnern sollten sich auch Beamte Gedanken über ihren Lebensabend machen.

WirtschaftsWoche47d05/25⚠ sanctions · 2/5

Chip-Hersteller: Huawei kündigt Durchbruch bei Halbleitern an – trotz US-Sanktionen

Huawei will mit dem „Tau Scaling Law“ in der Chipfertigung aufholen. Bis 2031 sollen Prozessoren nach 1,4-Nanometer-Standard entstehen.

Game over? Shake-up proposed for Hong Kong internet cafes offering overnight stays

In a bustling Hong Kong commercial district, some internet cafes are shifting beyond serving as gaming hubs for young people looking to spend a few hours hunched over a computer playing video games. Inside one such venue in Mong Kok, gamers can rent one of two private booths for about HK$200 (US$25.52) a night. With a look that can only be described as “emergency bunker”, the metal-walled rooms come equipped with a high-end gaming desktop, a sofa bed, budget-friendly food, and self-service...

◇ unclassifiedusa · europe

Reuters Business47d05/25

Pope Leo urges world to 'slow down' on AI in fervent first manifesto - Reuters

Pope Leo urges world to 'slow down' on AI in fervent first manifesto Reuters

Künstliche Intelligenz: „KI entwaffnen und lebensfähig machen“ – Papst Leo will KI moralisch erziehen

Leo XIV. will seine erste Enzyklika nutzen, um die Seele von KI-Bots zu beeinflussen. Er fordert, die Machtverhältnisse hinter der KI-Entwicklung zu hinterfragen.

Euractiv Finance47d05/25

Without institutional reform, new EU taxes will fail

Ignoring the economic realities of new taxes breeds distrust and will only make it harder to create a genuine fiscal union

◇ unclassifiedeurope

Leaving family hardest part of Lai Ka-ying’s space mission, sister says

Leaving her family behind is the toughest part for Hong Kong’s first astronaut as she blasted off on Sunday for her six-month mission, according to her elder sister. Lai Ka-man recalled that when her sister, 43-year-old Hong Kong police superintendent Lai Ka-ying, was selected as a payload specialist in 2024, Ka-ying’s three children were still in primary school. They were now being cared for by both sets of grandparents and other family members. “When I saw my sister recently, I saw in her eyes

Reddit r/Finanzen47d05/25

Kauft ihr euch noch Eis in der Stadt? Also die klassische Kugel Eis auf der Hand? Ich meine, ernsthaft: man muss kein hardcore Finanzler sein, um das viel zu teuer zu finden. Mir geht echt völlig ab, wie man überhaupt so viel Geld für eine Kugel Eis ausgeben kann…

Wie viel kostet die Kugel Eis bei euch in der Stadt? hier wurden die 2€ geknackt. submitted by /u/Miserable_Welder_841 [link] [comments]

Social◇ unclassifiedgermany · europe

Trump’s overseas application for US green card rule unnerves Asian workers

A new US immigration policy could force many green card applicants to leave the country and apply from abroad, disrupting families, careers and long-term settlement plans for Asian workers already facing years-long backlogs for visas. US Citizenship and Immigration Services said on May 22 that it would only grant “adjustment of status” – the process that allows prospective immigrants already in the US to apply for permanent residence without leaving the country – in “extraordinary...

Ebola in Zentralafrika: Uganda meldet zwei neue Ebola-Fälle

Der aktuelle Ebola-Ausbruch umfasst bislang vor allem die Demokratische Republik Kongo. Doch auch aus dem Nachbarland Uganda werden neue Fälle gemeldet.

South China Morning Post Business47d05/25⚠ war-conflict · 2/5

Pope calls for ‘disarming’ of AI, technology should be ‘human friendly’

Pope Leo called for the “disarming” of artificial intelligence in his long-awaited manifesto on the rapidly developing technology on Monday, and warned of “new forms of slavery” behind its rise. The “just war” theory – espoused recently by the Trump administration – was “outdated”, Pope Leo XIV wrote in his first encyclical, which he presented in person at the Vatican, alongside AI experts including the co-founder of US giant Anthropic. The first US pope, who has clashed with the White House...