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High Oil Prices Are Fueling a New Heavy Crude Rush in Canada

Who says price isn't a rationing mechanism? Rather than sink billions into long-term oil sands projects, Alberta energy companies are increasingly chasing the Clearwater formation, a conventional heavy oil field that allows producers to capitalize on rising crude prices far more quickly, according to Bloomberg. The surge in activity has been significant. Alberta approved 1,764 drilling licenses between Jan. 1 and June 12, the busiest start to a year since 2014. Roughly one-fifth of those permits

◇ unclassifiedmiddle-east · russia · usa

‘I get $1,460 in Social Security’: My millionaire ex-husband, 74, refuses to pay alimony. What can I do?

“I have very little money, while my ex’s financial statements show assets in the millions.”

◇ unclassifiedusa

6d07/09⚠ war-conflict · 2/5

Rhineland-Palatinate: After a fatal attack on a train attendant: Ten years in prison for the perpetrators

The Zweibrücken regional court did not recognize any intent to kill on the part of the defendant in the trial surrounding the death of a train attendant in Rhineland-Palatinate. The guilty verdict is “assault resulting in death”. The survivors want to challenge the verdict.

◇ unclassifiedgermany · europe

Football World Cup: Morocco fans are looking forward to the quarter-finals against France

On Thursday, Morocco and France begin the quarter-final round of the World Cup. The French team is the favorite – and not just in the game against the African champions. Moroccan fans in Boston still believe in a win.

◇ unclassifiedgermany · europe

Crime: Countries are calling for more efforts in the fight against financial crime

The federal government wants to ensure that the state can more easily confiscate assets from illegal transactions. The states are making too slow progress when it comes to changing the law.

◇ unclassifiedgermany · europe

Fund tip of the week: This fund has bonds that are not harmed by interest rate increases and inflation

Rising interest rates and a wave of corporate bankruptcies are scaring pension fund investors - wrongly, as a successful fund from Hamburg proves.

◇ unclassifiedgermany · europe

6d07/09⚠ war-conflict · 3/5

Monetary policy: ECB deliberately leaves the future interest rate path in the euro area open

In its most recent minutes, the Euro Central Bank confirms the waiver of “forward guidance”. However, experts assume that the interest rate increase in June will not remain an isolated case.

◇ unclassifiedgermany · europe

Cathay Pacific aircraft’s tail hit runway at Hong Kong airport, airline confirms

Cathay Pacific Airways has confirmed that the tail of a passenger aircraft struck the runway at Hong Kong airport last week, prompting the city’s aviation regulator to order the airline to submit a report. In reply to South China Morning Post queries on Thursday, the airline confirmed that the tail of an Airbus A330-300 operating flight CX509 from Tokyo’s Narita airport made contact with the runway while performing a “go-around” manoeuvre at Hong Kong International Airport last Friday. “The...

◇ unclassifiedchina · asia · europe

28 killed in factory blaze in the heart of Chinese shoe manufacturing hub

Twenty-eight people died following a massive fire in a shoe factory in China’s eastern Fujian province, on Thursday, state news agency Xinhua reported. Chinese President Xi Jinping ordered an all-out effort to rescue and treat the victims, and investigate. The blaze was reported at 12.04pm at the Huiteng Shoes factory on Kaituo Road East in the village of Jiangtou in Chendai township, Jinjiang. Fire authorities in the city of Quanzhou sent emergency crews, including 183 firefighters and 35 fire.

◇ unclassifiedchina · asia

Comment: The Tomahawk sale is Trump's next triumph

Just hours after pledging to make NATO more European, Chancellor Merz celebrated the purchase of cruise missiles from the USA. To the delight of the “dealmaker” in the White House.

◇ unclassifiedgermany · europe · usa

6d07/09⚠ war-conflict · 3/5

EU antitrust proceedings: SAP customers will be able to choose between different maintenance options in the future

The German software company is avoiding an antitrust fine in the EU antitrust proceedings by making maintenance and customer services for its systems available to competitors.

◇ unclassifiedgermany · europe

Regulator outlines review after Cathay flight intercepted by Nato jets

Hong Kong’s aviation regulator has ordered Cathay Pacific Airways to conduct a comprehensive review of an incident involving a London-bound passenger flight that was intercepted by Nato fighter jets after temporarily losing contact with air traffic controllers over Romanian airspace last week. The Civil Aviation Department (CAD) expressed serious concern for the second consecutive day on Thursday over the incident and set out the parameters of the review for Cathay. It said preliminary...

◇ unclassifiedchina · asia · usa

Buy a parental home or receive it as a gift

Hello everyone, you always see videos on Insta showing how smart it is not to get your parents' house as a gift, but rather to buy it. So house used by parents. For example, this one: https://www.instagram.com/p/DVva6vxiEAm/comments/ Either that's not true or I won't check it. If they say I'm buying (with a seller's loan): For example, I get €2000 a month in rent and pay €2000 in installments. Then cash flow is 0. They also include a tax refund. I don't see any Vo

Social◇ unclassifiedgermany · usa · europe

Arkansas is America's Most Improved State in 2026 as workers move to Walmart's home for low costs, high quality of life

Arkansas is the Most Improved State for Business in CNBC's annual Top States rankings, as working-age adults are attracted by low costs and quality of life.

◇ unclassifiedusa

British pharmaceutical company: Failed drug test weighs on Astra-Zeneca

Almost 26 billion euros in market value are lost after a test showed that a new heart drug is virtually ineffective. But despite the setback, Astra-Zeneca remains on a strong growth path.

◇ unclassifiedgermany · europe

Consumer rights: EU Court of Justice strengthens right of withdrawal for streaming subscriptions

If you take out a streaming subscription and want to watch series directly, you currently have to waive your right of cancellation. A ruling by Europe's highest court is now reshuffling the cards.

◇ unclassifiedgermany · europe

6d07/09⚠ war-conflict · 3/5

Tanker traffic through Strait of Hormuz slows after Iranian attacks trigger renewed fighting with U.S.

Oil has rallied more than 7% this week as investors worry that exports through Hormuz could plunge as the U.S. and Iran fight for control of the strait.

◇ unclassifiedusa · iran

6d07/09⚠ war-conflict · 3/5

Germany to buy US Tomahawks in shift toward own long-range capability

Germany will purchase Tomahawk cruise missiles from the United States and station them on German soil.

◇ unclassifiedusa · europe · germany

BörsenTag: These three sectors have catch-up potential

In the current reporting season, the focus is once again on the tech giants. Three other sectors are more interesting.

◇ unclassifiedgermany · europe

Real estate: “Significant growth”: Where it’s worth buying in Frankfurt now

Prices in the Main metropolis have continued to rise. Which neighborhoods are particularly in demand among buyers and which districts experts believe still have potential.

◇ unclassifiedgermany · europe

EU Eyes 2040 Electrification Target to Slash Oil and Gas Dependence

The European Commission is set to unveil next week an electrification target for 2040 in a bid to reduce the need for fossil fuels and strengthen the renewable energy sector in the EU, according to a draft proposal seen by Bloomberg News. The Commission, the EU’s legislative arm, is expected to propose on July 17 a target for the share of electrification, still unspecified, as part of the energy consumption in the bloc by 2040. “With decisive action at all levels, Europe can become the first ele

◇ unclassifiedmiddle-east · russia · usa

Here's how Trump Account assets may affect your college aid eligibility

Assets in a Trump Account may affect a student's need-based college aid eligibility, based on how income is reported on the FAFSA.

◇ unclassifiedusa

6d07/09⚠ war-conflict · 2/5

Software: Lucrative maintenance business – SAP averts EU antitrust fine

A competition procedure with the EU ends lightly for SAP. There will be no penalty, but the company will have to accept a number of changes. These should also apply to competitors.

◇ unclassifiedgermany · europe · uk

Metro bond: rating increase thanks to Total deal

A clever deal by Metro owner Daniel Kretinsky leads to an upgrade of Metro bonds.

◇ unclassifiedgermany · europe

Approach the wedding and building a house sensibly

We want to get married this year and build a house next year. Financially we operate very similarly. The wedding will not cost 78k, but will be celebrated very cheaply with the family. What tips can you give me when it comes to building a house and getting married? submitted by /u/CapOne8542 [link] [comments]

Social◇ unclassifiedgermany

Argenx Stock: European Biotech Bet

Since its promotion to the Euro Stoxx, more and more investors have been relying on the antibody specialist.

◇ unclassifiedgermany · europe

Jim Cramer's top 10 things to watch in the stock market Thursday

Chip stocks are jumping again, and Pepsi reported a mixed quarter.

◇ unclassifiedusa

Pak Shek Kok station on East Rail line scheduled to open as early as 2033

The much-delayed Pak Shek Kok station on the East Rail line is scheduled to open as early as 2033 after Hong Kong authorities revealed plans to require the MTR Corporation to build the project to boost connectivity for a tech hub. The Development Bureau said on Thursday that the project would be financed by allowing the rail giant to build and sell private flats near the new station. The original plan called for a combination of private and public homes. The station will now be located between..

◇ unclassifiedchina · asia

Food industry: Sugar-free sodas give PepsiCo a boost - snack business is weakening

While sugar-free sodas are boosting PepsiCo, brands like Lay's and Doritos are lagging. The group is still sticking to its forecast.

◇ unclassifiedgermany · europe

How Europe’s rush for Chinese air conditioners exposes the gap in Brussels’ trade policy

A heatwave is driving unprecedented demand for Chinese air conditioners in Europe, just as Brussels seeks to narrow its record trade deficit with China through new restrictions. Observers said this exposed a glaring contradiction between public demand and political rhetoric, adding that the European Union was shifting blame for the trade deficit instead of addressing its own structural shortcomings. The record-breaking heatwave has disrupted transit infrastructure, triggered droughts and led to.

◇ unclassifiedchina · asia · europe

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