Finance news

India Raises Fuel Prices for Fourth Time as Oil Crisis Hits Consumers

India’s state-owned energy majors that trade in fuels raised prices at the pump for the fourth time in the space of a month, reflecting the continued effect of the Strait of Hormuz closure on oil and fuel flows. The cumulative price hike since the start of the month comes in at 8.6% for diesel fuel, Reuters reported today, and 7.8% for gasoline. The first fuel price hike took place in Mid-May, with refiners including Indian Oil Corp., Bharat Petroleum Corp, and Hindustan Petroleum Corp. hiking t

Ireland: Staff Concluding Statement of the 2026 Article IV Mission - International Monetary Fund | IMF

Ireland: Staff Concluding Statement of the 2026 Article IV Mission International Monetary Fund | IMF

China lifts peacekeeping budget share amid warnings bodies like UN may be sidelined

China was the second-largest financial contributor to the UN peacekeeping mission after the US last year, with its share rising “substantially” as geopolitical tensions increasingly paralysed multilateral peace operations, according to a Swedish think tank. In a report on multilateral peace operations in 2025 released on Monday, the Stockholm International Peace Research Institute (SIPRI) said that 78,633 international personnel had been deployed with UN peace operations by December 31 – some 49

India turns to Latin American, African oil after Hormuz disruption - Reuters

India turns to Latin American, African oil after Hormuz disruption Reuters

Aircraft manufacturer: Airbus continues to struggle with delivery problems

The airline Qantas does not receive the ordered aircraft until months later. Airbus points to problems in the supply chain.

Jardines agrees to buy Australian radiology leader in $2.4bn deal

Toyota to cut more production abroad due to Iran war

Japan stocks close at all-time high as investors bet on Iran deal

Schneider Electric sees India data center business outpacing core growth on AI boom - Reuters

Schneider Electric sees India data center business outpacing core growth on AI boom Reuters

Health insurance: Wirtschaftsweiser – civil servants in statutory health insurance

According to the economist Achim Truger, civil servants should pay into the statutory health insurance. He also questions whether civil service is really necessary in certain professions.

Artificial Intelligence: How to Transform Your Workforce for the Future

How to lead properly in the age of AI? Companies have to redistribute tasks, train employees and redefine virtually every job.

Trade relationship with China: German companies make demands on Reiches China visit

Before the Minister of Economic Affairs travels to China, German companies demand reliable commitments, fair competition and better market access.

Myanmar military steps up fight for rare earth area and border routes - Reuters

Myanmar military steps up fight for rare earth area and border routes Reuters

Iran says conclusions reached on many topics in potential U.S. memorandum but no deal imminent - Reuters

Iran says conclusions reached on many topics in potential U.S. memorandum but no deal imminent Reuters

Founder of Japan’s 7-Eleven chain Toshifumi Suzuki dies aged 93

Former chairman of Seven & i Holdings Toshifumi Suzuki, credited for the global success of 7-Eleven convenience stores, had died at the age of 93, according to the company. Suzuki - known as the “father of the convenience store” in Japan - died due to heart failure on May 18, the company said in a statement on Monday. “We would like to express our deepest gratitude for the kindness shown to him during his lifetime and respectfully inform you of his passing,” the statement said. Suzuki is known..

Is the recent dip in Reddit (RDDT) a great buying opportunity, or is there more downside ahead?

I’ve had Reddit on my watchlist for quite some time now. After peaking well above $280 last year, the stock has taken a pretty significant hit and is currently sitting around the $141 mark. Given the massive pullback, I’m seriously considering opening a position here, but I wanted to get the sub's take on the current risk-to-reward ratio. The recent Meta panic will not last I feel as Zuckerberg will find new shining thing and will move on from this? submitted by /u/capitalquotient_pf [link] [com

Guest comment: How to earn directly from your neighbor with solar power for the first time

From June, households will be allowed to share excess solar power locally. The law is a breakthrough – but the big boom will be years away, says Julian Schulz of Metergrid.

+++ Iran War +++: Rubio: Did Iran make a "pretty solid" offer

Iran ready for talks on nuclear program, according to diplomat ++ + Further execution after protests + ++ Hope for US-Iran deal pushes oil prices to two-week low +++ The news blog.

Markets: Dax expected higher – Iran still in sight

The German leading index rises again to pre-war levels on Whit Monday. Oil prices are also at their lowest level in two weeks.

European stocks open higher as U.S.-Iran talks continue

Stocks in Europe are tracking their Asian counterparts higher after Japan's Nikkei 225 breached 65,000 for the first time.

First the facts: The Bundestag and the money

In the current economic crisis, MEPs are debating whether higher diets fit the times. This is how high the supply is currently.

+ ++ Federal policy + ++: Union politicians call for stricter naturalisation rules

Wirtschaftsweiser questions the official status of teachers +++ Ploß: Use special funds also for ports and waterways +++ Bundestag delegation arrives in Taiwan + ++ The news blog.

Deep-sea find in the Pacific: Blue mini octopus discovered off the Galápagos Islands

Unknown deep sea: In the Pacific, researchers encounter a special octopus. The octopus is blue and small like a golf ball.

What we know and don’t know about the emerging deal to end the Iran war - AP News

What we know and don’t know about the emerging deal to end the Iran war AP News

AI capex just got revised up $225B in 6 months and earnings are actually following it, this is not how bubbles work and it's messing with my thesis.

So hyperscaler capex started 2026 at $515B and it's now $740B mid-year, with 2027 already pencilled in at $889B that's 2.7% of US GDP going into AI infrastructure, in 2019 this number was 0.3%. The part that's really breaking my bubble thesis is that EPS is actually moving with it. tech earnings estimates for 2027 are up nearly 20% YTD and in 1999 profits lagged the spending by a mile that's not what's happening here, at least not yet, also nobody seems to be talking about the equity returns in

Aviation: Not everyone is allowed to be there – places for Lufthansa anniversary will be raffled off among employees

Despite the kerosene crisis and the Iran war, the Group is sticking to its birthday celebrations. But because seats are limited, tickets are awarded by lottery. This is met with internal criticism.

Delivery Hero shares rise 10% as rival Uber mulls another takeover bid

Delivery Hero confirmed in a statement on Saturday that it had received a takeover offer from Uber of €33 per share.

China Coking Coal Prices Surge After Deadly Shanxi Mine Blast

The price of coking coal in China jumped by 8% after a deadly mine accident in Shanxi province that prompted safety checks that will affect production over the near term. The most actively traded coking coal contract on the Dalian Commodity Exchange hit the equivalent of $186.76 per ton following the accident. Reuters reports that eighty-two people were killed after a gas explosion in a mine in one of China’s largest coal-producing regions, which makes it the most serious mine accident in the co

24 injured after double-decker KMB bus crashes into highway maintenance truck

At least 24 people were injured on Monday afternoon after a double-decker bus collided with a highway maintenance vehicle on Hong Kong’s Tsing Kwai Highway. Police received a report at 2.05pm that a KMB route 960 double-decker bus, travelling from Wan Chai to Tuen Mun, collided with a maintenance truck equipped with a flashing arrow sign near Princess Margaret Hospital. A dashcam video circulating online shows the moment of the crash. The KMB bus ploughs into the maintenance truck without...

Malaysia’s ruling coalition faces test over Selangor non-Muslim worship house rules

A dispute over where churches and temples can operate in Malaysia’s richest state has become an awkward political test for Prime Minister Anwar Ibrahim’s ruling coalition, which came to power promising to protect the country’s multiracial and multi-faith society. The row centres on planning guidelines in Selangor, a wealthy and densely populated state surrounding Kuala Lumpur, that critics say could restrict non-Islamic places of worship in commercial areas, where many religious groups have long