Finance news

ECB announces main milestones for roll-out of Integrated Reporting Framework

China’s new battery tech set to turbocharge EVs, energy storage

Next-generation Chinese electric-vehicle (EV) batteries that charge in minutes are expected to add fuel to global sales of the country’s carmakers. An EV battery that goes from a 10 per cent to a 98 per cent charge in under six-and-a-half minutes was the star of the Super Technology Day event staged in Beijing in April by the world’s biggest producer of batteries for EVs, Contemporary Amperex Technology Ltd (CATL). Earlier, the world’s leading EV maker, Shenzhen-based BYD, unveiled a battery...

NATO eastern flank: Latvia: NATO fighter jets shoot down drone

Misguided Ukrainian drones have recently repeatedly penetrated Latvia's airspace. Now another flying object flew over the territory of the Baltic state - and was taken out of the sky.

Dax current: Dax is moving significantly away from the 25,000 point mark

The renewed attacks in the Middle East and sell-offs in tech stocks in the USA and Asia are also weighing on the German stock market. Oil prices are heading towards $100 again.

Healthcare: Skilled labor shortage – what the EU demands and what Germany needs

In the EU as well as in Germany, the shortage of personnel in the healthcare system will worsen. The responsible committees of the EU Parliament adopted a report on the shortage of skilled workers on Wednesday.

Holiday prices: save in the south, pay in the north: gap when it comes to European holidays

The summer holidays are just around the corner. If you haven't booked yet, you should take a closer look: In some European countries you can go on vacation much cheaper than in Germany.

Disrupt: Is there still a chance for independence for Europe and Canada, Aidan Gomez?

The CEO of Cohere talks about competing with tech giants, the concentration of power - and his internship where the AI ​​revolution began.

Can you “accidentally” incur huge debts with Flatex or Trade Republic?

Some time ago I saw a documentary in which a young woman apparently accidentally leveraged in her broker app and also used a loan. In the end she had debts amounting to several hundred thousand euros. Gamification in the app is difficult with such sums. Can something like this just happen at Flatex and Trade Republic? Flatex offers a loan of up to around €250k depending on the size of the deposit. At Flatex I always had my risk class after purchase

Japanese city closes 94 schools as hunt for stray bear enters third day

A bear roaming the streets of a Japanese city for three days forced the closure of nearly 100 schools on Monday, as dozens of hunters and officials searched for the animal. The city government of Utsunomiya, north of Tokyo, closed all 94 public primary and junior high schools in the area after receiving more than 10 reports of bear sightings since Saturday – including in a shopping arcade. “We have vehicles out to areas where a bear was seen to make people aware and to urge people to stay...

Asian Coal Prices Surge as Indonesia Tightens Export Controls

Benchmark coal prices in Asia surged to the highest in almost two years following a government announcement from Indonesia concerning control of commodity exports, including coal. The new rules for commodity exports would cause delays in outbound shipments of coal from Indonesia, Bloomberg noted in a report on the price news, adding the disruption comes amid climbing demand for coal amid the summer heat that drives higher electricity consumption for air-conditioning. Demand for coal has increase

Beyond the obvious: Without a goal, everything is a waste: Why Germany needs visions again

It is not enough to talk about reforms in small, small ways. That's why Daniel Stelter talks to the co-founder of Zukunft-Fabrik.2050 in the podcast.

Diplomacy: Chinese President Xi begins visit to North Korea

Xi Jinping is visiting North Korea for the first time in seven years. The Chinese head of state previously promised “new development opportunities” for the relations between the two countries.

Insight Innovation: “A decathlon” – Why the new electric cars from Mercedes and BMW have more range and charge faster

With the new generation of their electric vehicles, German car manufacturers want to catch up with the competition. But there's more to it than just more powerful batteries.

Financial supervision: BaFin examines DekaBank's consolidated financial statements

The German financial regulator BaFin has initiated an audit of DekaBank's 2024 consolidated financial statements. What's behind it?

Business ticker: Significantly fewer orders for industry

DGB boss Fahimi criticizes black-red reform plans +++ Few companies ban the use of AI +++ Google signs a pact with SpaceX +++ News in the company live blog.

Climate protection campaign: Greenpeace is putting up 100 km/h signs on motorways

With a traffic sign campaign, Greenpeace is sending a signal for a speed limit on motorways. The organization sees this as an answer to the current fuel crisis.

“Middle East war takes toll”: Industry with unexpectedly strong decline in orders

Weak demand is becoming a problem: orders from German industry fell significantly more in April than originally expected.

Daniel Stelter: Germany is slipping - and we are becoming involuntary passengers

Chancellor Friedrich Merz sees “no reason for pessimism and pessimism about the future of our country.” Where he gets this confidence from remains his secret. A guest post.

14 to 18 percent return: The 15 billion euro plan of the German start-up investors

European start-ups often lack the capital to compete internationally in the long term. 24 of the most prominent venture capitalists in Germany now want to change that and mobilize billions in private capital every year.

China sees record panda bond issuance in 2026 as foreign borrowers pile in

Foreign governments, international banks and multinational companies are increasingly tapping China’s domestic bond market, as panda bond issuance hit a record high in the first five months of the year. A total of 11 entities sold 14 panda bonds – yuan-denominated debt instruments issued by foreign entities in mainland China’s onshore market – worth 26.64 billion yuan (US$3.7 billion) in May, up 246 per cent from a year earlier and the highest level on record for the month, according to data...

Real-name booking planned for Hong Kong geopark trail to curb scalping, no-shows

Visiting the popular Po Pin Chau trail in Hong Kong’s geopark will require real-name reservations under a pilot scheme aimed at preventing scalping and no-shows, officials have told lawmakers concerned about its effectiveness. Undersecretary for Environment and Ecology Diane Wong Shuk-han told the Legislative Council subcommittee on ecology and tourism on Monday that authorities would not use a first-come-first-served model and were studying a ballot mechanism to prevent scalping. “We will...

Iran war: Israel attacks Iran despite US warning – Trump angry with Netanyahu: “He’s not in charge”

Several military strikes in Israel, Iran and Lebanon could lead to a renewed escalation in the Middle East. US President Trump warns of the impact on the peace negotiations.

Middle East: New attacks endanger negotiations between the USA and Iran

First the conflict in Lebanon escalates, then Iran attacks Israel again, Israel hits back. This will have an impact on the already difficult US-Iran talks.

Position paper: Associations criticize possible mandatory quotas for electric company cars

The EU Commission is pushing for a higher proportion of electric cars in company fleets. In a position paper, several associations speak out against it and suggest other solutions.

Eni Gets Exploration Block offshore Gambia

'The block is located in a region of the Atlantic margin with proven hydrocarbon discoveries'.

LKA: Suspicion of arson after a power outage in Reutlingen

What is behind the power outage in Reutlingen? According to the LKA, there is supposed to be evidence of arson in the substation. Several fire sites are being investigated.

Column: Inside America: Why I like Trump's new ballroom

Instead of a modest east wing, the White House will soon have a magnificent ballroom. Many Americans are upset about this. But maybe the investment isn't such a bad investment after all.

Has a diplomatic feud prompted China to press pause on Japanese film and music?

A diplomatic feud between Beijing and Tokyo appears to have spilled over to the arts, with what looks like an unofficial boycott on Japanese film, music and books. China has slapped official restrictions on tourism and trade with Japan since the row erupted in November, but so far there has been no official ban on the cultural sector. However, the Shanghai International Film Festival, which begins this Friday, does not have any Japanese films on its line-up for the first time in 20 years. It...

OPEC+ Approves Another Oil Output Hike for July

OPEC+ this Sunday decided to add another 188,000 barrels of crude to its collective production next month despite the ongoing disruption in the Middle East resulting from the U.S. and Israeli war against Iran. The group has approved a series of output hikes totaling close to 600,000 barrels daily since April, but this has remained largely on paper as a lot of big producers in the Middle East cannot restore production to pre-war levels due to the continued blockage in the Strait of Hormuz. The la

Intesa: After merger offer from Banco BPM: Major Italian bank Intesa wants to take over Monte dei Paschi

The bidding war for consolidation among the major banks is entering the second round: Both Banco BPM and Intesa have expressed interest in the Monte dei Paschi financial institution.