Finance news

Consumer: Laboratory: Some clothing at Shein is contaminated with chemicals

Products from cheap online retailers do not always comply with safety regulations. This is also shown by a current test of Shein clothes: EU limits are sometimes massively exceeded.

Is it better to go 100% into ETFs or mix a rental property with monthly DCA?

I need some advice. I am 36 years old, a tax resident of Serbia (non-EU), and I have a 20–25 year investment horizon (with the possibility of Serbia joining the EU by then). I am investing solely for my own retirement, as I won't have any heirs. ​On top of my initial €100,000 capital, I can contribute an additional €150 per month from my salary to start (salaries in Serbia are relatively low), with the potential to increase this monthly amount in the future as things fall into place. ​This leave

China shock 2.0: China is not prepared to compromise

On Monday, China's Trade Minister Wang Wentao will meet his EU counterpart Maros Sefcovic. The EU cannot expect any concessions in the dispute over China's high export surplus.

Guest commentary: Europe is looking for growth – and overlooking Serbia

The Balkans offer the EU a good deal: staggered membership without costs and demands - Austria is the model, writes investor Jan Ruzicka.

Foreign trade: EU defends itself against Trump's tariff threats over digital tax

The EU rejects the new threats from Washington and insists on its right to tax digital companies. The dispute could further strain the already fragile trade negotiations.

Foreign trade: Trump threatens Europe with 100 percent tariffs because of digital taxes

The USA and the EU had actually agreed on a customs agreement. But President Trump is already threatening new taxes.

+++ US customs policy +++: Trump threatens European countries with 100 percent tariffs because of digital taxes

EU MPs agree to implementation of US customs deal +++ Court: USA may continue to raise global tariffs for the time being +++ USA reaffirms tariff caps for EU and Japan +++ The news blog.

EU Energy Minister: This is how Brussels wants to accelerate the expansion of the electricity grid

Faster approval procedures, more power for the Commission: This is intended to promote the expansion of the electricity networks and make the EU more independent of gas and oil.

Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit

European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just hours after Iraq warned it could leave OPEC unless the producer group grants the country a higher production quota. According to Iraqi sources cited by Shafaq News, the discussions will focus on expanding cooperation across Iraq's oil, gas and electricity sectors. Planned talks include projects to capture associated gas, increase power generation, expand energy storage capacity a

Methane Ordinance: Minister Reiche warns of supply bottlenecks for gas and oil

Is there now a threat of trouble in Berlin? Economics Minister Reiche wants to suspend the EU methane regulation.

Competition law: EU Commission initiates antitrust investigation against Sanofi

Has the pharmaceutical company Sanofi used anti-competitive practices in the flu vaccine business? The European Commission is now examining.

Pharma: EU Commission initiates antitrust investigation against Sanofi

Has the pharmaceutical company Sanofi used anti-competitive practices in the flu vaccine business? The European Commission is now examining.

+++ Ukraine War +++: Authorities appointed by Russia declare a state of emergency in Crimea

EU wants to make it more difficult for able-bodied Ukrainians to escape war +++ Russia reports massive Ukrainian drone attack +++ IAEA: Important power line at Zaporizhzhia nuclear power plant repaired +++ The news blog.

Ukraine war: EU wants to make it more difficult for able-bodied Ukrainians to escape war

Do men have to fight? The EU Commission is proposing a restriction on the simplified admission of war refugees from Ukraine. The country needs soldiers.

Business ticker: Bafin examines Zalando's consolidated financial statements - shares are plummeting

Apple increases prices for MacBooks and iPads +++ Tesla is hiring another 1,000 new employees in Grünheide +++ Cloud services from Amazon and Microsoft are threatened with stricter EU rules +++ News in the company live blog.

+++ Ukraine War +++: EU wants to make it more difficult for able-bodied Ukrainians to escape war

Russia reports massive Ukrainian drone attack +++ IAEA: Important power line at Zaporizhia nuclear power plant repaired +++ Zelenskyj approves 40-day offensive +++ The news blog.

Chinese firms brace for new EU rules as trade deficit tops $1bn a day

I will receive a larger amount as a gift

Hi everyone, I currently live in Switzerland (with Swiss citizenship) and recently found out that my grandmother - who comes from a non-EU country - would like to give me a large amount of money. The money originally came from my grandfather, who saved it all his life and left it to my grandmother after his death. Since she is now at an age where she probably won't be with us much longer, she would like to give me this gift

EU pitches Brazil a ‘more beneficial’ rare earths deal than US or China

The European Union is offering Brazil a “more beneficial” partnership on critical minerals than the United States or China, the bloc’s international partnerships commissioner said on Thursday, promising investment in domestic refining and technology as Brussels works to cut its dependence on Chinese supply chains. European Commissioner for International Partnerships Jozef Sikela made the case during a week-long visit to Brazil that included a stop on Saturday at a rare earth research and...

+++ Ukraine War +++: Zelensky approves 40-day offensive against Russian targets

Ukrainian company wants to speed up missile defense system +++ Lukashenko calls for negotiations +++ Ukraine receives first billions from EU aid loan +++ The news blog.

Kazakhstan Lands $12 Billion in EU Deals to Expand Energy and Trade Ties

Kazakh President Kassym-Jomart Tokayev’s visit to the EU’s headquarters in Brussels has yielded agreements and MoUs potentially valued at over 12 billion dollars. The key deal involves the purchase of 50 Airbus passenger jets for 7.1 billion euros. Tokayev’s visit, which concluded June 23, focused on developing Middle Corridor trade links within the context of the EU’s Global Gateway program. Prominent among Tokayev’s meetings in Brussels were discussions with European Commissioner for Trade and

Economic situation: Austria's economy is growing, but so is the debt ratio

Wifo and IHS expect a slight upswing in Austria. The budget is still likely to remain well above the EU deficit limit.

Energy: Is Germany running out of oil and gas because of a new EU regulation? Tough dispute in the federal government

The tightening of the requirements could mean that oil and gas deliveries no longer reach the EU. A dispute about the risks is raging within the federal government.

+++ Ukraine War +++: Ukrainian company wants to produce missile defense system by the end of the year

Lukashenko warns Ukraine against expanding the war +++ Ukraine receives first billions from EU aid loan +++ Kremlin rejects report about pressure on Belarus +++ The news blog.

Ukraine aid: Brussels announces first payment from the 90 billion euro loan

An international reconstruction conference for Ukraine began in Gdansk on Thursday. The EU will immediately transfer 3.2 billion euros in microfinance aid, said Commission President Ursula von der Leyen.

EU: Brussels opens the door for Europe's new wave of mergers - criticism from economists and consumer advocates

The EU is planning the most important reform of its merger control in two decades. Telecom companies, banks and shareholders sense new deals. Consumer advocates warn of higher prices.

Business ticker: Apple increases prices for MacBooks and iPads

Tesla is hiring another 1,000 new employees in Grünheide +++ Cloud services from Amazon and Microsoft are threatened with stricter EU rules +++ Obrowski becomes the new railway finance chief +++ News in the company live blog.

Swedish minister brings baby to EU meeting, a first for the bloc

EU governments’ ministers gathered for a long day’s discussion of climate change policies on Thursday were surprised by a fresh-faced participant at their negotiating table: a three-month-old baby. Swedish Climate Minister Romina Pourmokhtari brought her son, Adam, to the EU council meeting in Luxembourg, to ‌highlight the benefits of parental leave policies which do not force women to choose between work and family responsibilities. “I wanted to showcase being an example of not having to make..

Reconstruction conference: Ukraine receives first billions from EU aid loan

Russia's war of aggression has been devastating Ukraine for more than four years. But the reconstruction is already being planned. Chancellor Merz comes to the meeting with a clear message to Moscow.

EU releases €3 billion loan for Ukraine’s recovery

The European Union has disbursed the first €3 billion (US$3.4 billion) tranche of a €90 billion loan to Ukraine, the country’s prime minister announced on Thursday at the opening of a conference on Ukraine’s post-war recovery in Poland. The conference, attended by key European leaders including German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen, is both a fundraising forum and a message to Russia that Ukraine’s Western supporters are in it for a long...