Timeline

Miniso banks on finding the next Labubu as it opens 100 US stores

Japan to expand research grants, seeking 20,000 Ph.Ds a year

China's Nexchip has global ambitions as legacy chips thrive in AI's shadow

China anime festival shows Japan fandom undimmed by diplomatic chill

Japan's Yoshinoya to bulk up ramen business with US acquisition

South Korea's beauty tourism boom draws doctors away from hospital work

Mitsubishi Estate embarks on $9bn data center building spree in Japan

Japan shoe store giant ABC-Mart targets big strides across Southeast Asia

SK Hynix rallies in biggest-ever foreign share sale in US

Kazakhstan Extends Petroleum Export Ban Six Months as Hormuz Tensions Flare

Kazakhstan is growing more possessive of its petroleum products as a gasoline shortage tightens its grip in Russia and the US-Iran conflict reignites. Kazakh officials have established new police checkpoints on almost 60 roads along the country’s lengthy border with Russia to curb ‘gasoline tourism,’ according to local news reports. In addition, new restrictions have been introduced at border checkpoints, limiting trucks and cars to one crossing per day. In recent weeks, as gasoline shortages ha

OpenAI power consolidates under co-founder Greg Brockman ahead of prospective IPO

With Fidji Simo's official departure from OpenAI due to a chronic medical issue, Greg Brockman's role has become clearer.

Apple sues OpenAI alleging trade secret theft, says scheme was 'at every level'

The two companies entered into a high-profile partnership in 2024 when ChatGPT was integrated into the iPhone's operating system.

Security questions swirl over Trump’s new plane given to him by Qatar

US President Donald Trump faces questions about the security of his new Air Force One plane gifted by Qatar, after he took an older jet home from a Nato summit this week. The billionaire president has barely been able to contain his excitement over the retrofitted Boeing 747-8 aircraft, which took him to Ankara on its maiden trip outside the United States. But then Trump abruptly announced in Turkey that he was sending the luxury plane on ahead to a British airbase – saying it was so US troops..

How Apple stock rode the AI rollercoaster to record highs in 1 chart

Apple stayed true to itself in the AI race, and Wall Street is finally rewarding the stock for it.

Trump Accounts may help foster children build a financial safety net. What to know

Advocates say that Trump Accounts for foster children may end up being helpful, as long as concerns about flexibility and accessibility are addressed.

Meta’s stock roars back to life as it heads for its best week in years

Investors are bullish on Meta’s new low-cost AI pricing and infrastructure plans.

Trump admin eases export controls for UAE; Warren blasts 'corrupt' provision

The Commerce Department will favorably review exports involving MGX, which used a stablecoin linked to President Trump's family for a $2B Binance investment.

House of Representatives election in Berlin: Berlin's CDU gets a new top candidate

After Kai Wegner's withdrawal, the Berlin CDU needs a new top candidate for the House of Representatives election. The district chairmen of the capital have agreed on a name.

Volkswagen: Middle East conflict reaches VW – Qatar opposes deal with Israel

An arms cooperation with the Israeli company Rafael was supposed to save the VW factory in Osnabrück. But a major shareholder is against the plan. It's about hundreds of jobs.

Where to put cash right now: Should you lock in at 4% — or wait for the next Fed rate decision?

CD rates are at a standstill, but that could change after the next Fed meeting, or the one after that.

Federal Government: Quiet and yet powerful - Why Nina Warken, of all people, is the reform minister of this coalition

Against all resistance, Health Minister Warken pushed through her austerity reform for health insurance companies. How their leadership style works – the reconstruction.

Man arrested on suspicion of murdering ex-UK minister Ann Widdecombe

British police arrested a man on Friday on suspicion of murdering Ann Widdecombe, after the 78-year-old former government minister and Reform UK politician was found dead having “sustained serious injuries”. Police said a 26-year-old, white ‌British man had been arrested in Newton Abbot, a town about 15km (nine miles) from Widdecombe’s home in rural southwest England. Devon and Cornwall police assistant chief constable Matt Longman said there was no information to suggest the murder was related.

Air Force pushing contractors to purge Anthropic by Sept. 1: Memo

The Pentagon’s new target is to remove Anthropic department-wide by end of September, even as the AI titan is suing the government to overturn it.

The ETF market is pushing the limits of the leverage it can handle. SK Hynix is the latest example

The original ETF boom was about low cost, tax-efficient core index funds. Now single-stock ETFs are upping risk, with leverage getting 'a little carried away.'

A hedge-fund trade blamed for a massive market blowup in 2024 has made a big comeback, Goldman Sachs says

The currency-market carry trade is back — and bigger than it’s been in many years.

Prepare for the Fed to undo rate cuts that stabilized the economy, expert cautions

The Federal Reserve likely will take back all the 2025 ‘insurance cuts’ or not raise interest rates at all, according to RBC Wealth Management.

Summer Heatwaves Are Rewriting the Rules for Britain's Power Grid

The energy grid operator has warned that the “extreme temperatures” from this week’s heatwave could hit power supplies on Thursday night, as households’ use of fans and air conditioner place a record strain on our electricity system. The National Energy System Operator (Neso) issued a rare overnight notice calling on energy companies to generate additional supplies to satisfy demand from cooling devices during what Britain’s third heatwave of the summer. It is Neso’s second warning in as many mo

‘Trump accounts’ are great — if you’re already rich

They’re a poor deal for most other people.

King Charles hosts Prince Harry and family for first time in years, amid royal rift

King Charles hosted Prince Harry and met with his family for the first time in years Friday, as they try to repair a rift that has persisted since his youngest son and wife quit royal life and moved to America six years ago. Harry, Meghan and their two children, Prince Archie and Princess Lilibet, met with the king and Queen Camilla at Highgrove House, a country estate west of London. The Duke of Sussex had arrived on Monday in his homeland for a number of charity events that were overshadowed..

Renewed US-China AI dialogue serves American security interests: former officials

A new round of US-China dialogue on the risks of artificial intelligence, even just for the sake of dialogue, will be important for furthering US national security, according to former senior US officials responsible for China affairs. The assessment comes after the world’s two leading AI superpowers agreed to a new round of intergovernmental talks on AI safety following the Trump-Xi summit in Beijing in May, though few details about the dialogue have been announced. Jeannette Chu, one of the...

Ukraine can soon build its own Patriots – but it could take years

Ukraine may soon possess a license the U.S. currently extends to only a handful of allies — but it could be years before Patriots protect Ukrainian cities.

Jiaying Chen, who wed at least 14 men in Las Vegas fraud scheme, to plead guilty

A woman who authorities say married more than a dozen men in Las Vegas to fund her gambling has agreed to plead guilty to two felonies. Jiaying Chen, 33, waived her right to a preliminary hearing during an appearance before Las Vegas Justice of the Peace Rebecca Saxe on Tuesday. Chen’s lawyer, Thomas Wells, said she plans to plead guilty later this week to one count each of bigamy and obtaining money under false pretences more than US$100,000. “It will permit the victims of these crimes to...

Japan's JAPEX aims to nearly quadruple US oil, gas output by 2035

SK Hynix rises 14% in biggest-ever foreign share sale in US

Yen rises, JGB yields fall on Japan finance minister's pension fund remarks

China steps up maritime push against Philippines, Japan, with eye on Taiwan

China's BYD taps Japan luxury car dealer to drive expansion

Trump purges Election Assistance Commission members, months before midterms

The White House said the Supreme Court's ruling allowing President Trump to fire FTC Commissioner Louise Slaughter provided the precedent for the removals.

Election campaign in Berlin: Berlin's Finance Senator Stefan Evers faces new tasks

Stefan Evers is given credit for a lot in Berlin state politics. The CDU politician is considered experienced and a clever strategist. He could soon make a name for himself in the election campaign.

VW in crisis: The blocked Volkswagen Group

VW management wants to stick to its savings plans and create initial facts. The employee representatives are fighting against clear-cutting. The vow takes place in autumn at the latest.

Savings round at Volkswagen: cars that the world doesn't need

The opening round at VW brought little tangible. However, the sales problems require rapid action. Without a joint effort, there is a risk of even greater adversity.

US Oil, Gas Drillers Hang Back in Volatile Market

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 581, up 44 from this same time last year. The number of active oil rigs stayed at 445 during the latest reporting period, according to the data. This is 21 above this same time last year. The number of gas rigs also stayed the same, at 126, which is 18 more than this time last year. The gain was courte

Before the House of Representatives election: Berlin CDU: Finance Senator should be the top candidate

Two months remain until the Berlin House of Representatives election. Prime Minister Kai Wegner no longer wants to compete after the debates about telephone calls and tennis matches. The CDU is now relying on someone else.

Furniture trade: EU Commission examines Porta takeover by XXXLutz

A highly publicized deal in the furniture industry may have broken EU law. Brussels is therefore opening an investigation. What accusation is there?

Senate Democrats want hearings on Trump’s crypto holdings and foreign investors

Democratic Senators cited $1.4 billion in Trump family crypto income, unidentified investors and a reported UAE-backed stake in World Liberty Financial.

Traders fall back in love with Meta. Here's where bulls see it going

Meta Platform's AI efforts are looking like the recipe for a comeback after an almost year-long drought in shares of the $1.7 trillion market-cap company.

+++ Ukraine War +++: Ukraine attacks Russian tankers in the Sea of ​​Azov

Russian oil production drops massively +++ Fire extinguished in Russian Ilski oil refinery +++ Russia probably thwarts attack on military air base in Rostow +++ The news blog.

Zelenskyy taps European allies to build Freya, a cheaper Patriot-alternative to Russia’s ballistic missiles

Ukraine will hold its first coalition meeting on a homegrown ballistic missile defense system in France “in the coming days.”

Comment: And suddenly it's the summer of reforms

From a technical point of view, there is a lot to criticize about the health care reform, especially the federal government's last-minute caving in. But the psychological signal is crucial: black and red can reform.

How the U.S.-Iran deal set the stage for renewed fighting over the Strait of Hormuz

The U.S. and Iran's contradictory interperations of the memorandum of understanding have led to renewed fighting over the Strait of Hormuz.

european personal finance is mostly fees taxes and pretending this is simple

every time i try to make one clean money plan for europe i remember europe is not one country someone says just buy a global etf then another person shows up like yes but in my country accumulating funds are taxed weird then someone else says use the tax wrapper then another person says we do not have that here then a broker fee appears then currency conversion then dividend taxes then exit taxes then some guy with 900 spreadsheets says actually the optimal answer depends on your residency plans

As bank earnings approach, a market anomaly emerges

The Financial Select Sector Index trades at roughly 15.5 times forward earnings — about a turn and a quarter cheaper than where it stood in 2024.

Mojtaba Khamenei’s absence signals shifting role for Iran leader

The absence of Iran’s supreme leader Mojtaba Khamenei from the funeral ceremonies of Ali Khamenei raised questions about his health and fear of assassination, as well as indicating he may perform a quite different function as No 1 compared with his all-powerful father. The marathon funeral ceremonies for Ali Khamenei, killed on February 28 in an air strike on the first day of the US-Israeli war with Iran, culminated on Thursday in the holy city of Mashhad, with a who’s who of key figures in the.

Air taxi company Beta wraps first test flights in U.S. government's pilot program

Beta is one of several electric air taxi makers racing to secure Federal Aviation Administration certification and start flying passengers commercially.

Suspected perpetrator on the run: murder investigation after the mysterious death of a Brexit politician

Ann Widdecombe was one of the most prominent faces of the Brexit movement. A good ten years after the EU referendum, she was found dead - with very serious injuries. What is known?

Heat pumps: “The greatest possible chaos”

The federal government wants to cut funding for heat pumps and impose many new conditions. The plans plunge craftsmen, manufacturers and customers into chaos.

Dax currently: Dax closes only slightly changed - The struggle for 25,000 points continues

In the past four weeks, gains have predominated on the German stock market. Now the DAX is looking for a direction it can take sustainably.

DIU, Navy launch containerized payload competition

Chief of Naval Operations Adm. Daryl Caudle has been on a “containerized capability campaign.”

What the big housing bill means for buyers as home prices hit new record high

President Trump is refusing to sign the housing bill, but it will still become law on Saturday. Here’s what it does — and doesn’t — do.

China Tightens Its Grip on Namibia's Next Energy Boom

China isn't waiting for Namibia to become an oil producer. It's getting in early. During a state visit to Beijing this week, Namibia and China signed eight cooperation agreements covering energy, critical minerals, infrastructure, agriculture, and economic development, as China attempts to secure a front-row seat to what could become Africa's next major energy story. Namibia's first female president, Netumbo Nandi-Ndaitwah, spent the week courting investment as her government looks to diversify

Chip boom: SK Hynix starts with a significant price increase in New York

The second largest IPO behind SpaceX is successful. At the Nasdaq debut of Korean AI supplier SK Hynix, demand is far higher than supply.

Today: VW boss fails with austerity plan on supervisory board – these are the points of contention

Volkswagen boss Oliver Blume's future package did not receive a majority on the supervisory board. At the same time, an ultimatum from the works council expires. And: This is where dividend hunters in the Dax will find what they are looking for.

Meta's stock heads for best week since early 2024 as optimism builds around AI strategy

Meta released two AI models this week as part of its new Muse Spark family, under the leadership of Alexandr Wang.

The loudest voices in US-China trade talks? Christmas tree growers

It’s not yet the winter holiday season, but Christmas trees are back in the spotlight, caught in the geopolitical tug of war between Washington and Beijing. As the United States and China work to stabilise ties through a newly proposed bilateral trade mechanism, one of the most vocal groups weighing in is not the technology industry or manufacturers, but American Christmas tree growers determined to keep tariffs on Chinese-made artificial trees. Dozens of growers from across the country flooded.

Oil’s Calm Is Over as Middle East Risks Return

Renewed U.S.-Iran strikes have revived the Middle East risk premium, lifting Brent above $76 as traffic through the Strait of Hormuz slows and supply disruption fears return. Friday, July 10, 2026 The return of the Middle Eastern geopolitical risk premium has lifted global oil prices by $4 per barrel this week, with ICE Brent set to settle above $76 per barrel. Renewed US-Iran strikes pushed traffic through the Strait of Hormuz back toward a near-standstill as market concerns about continued sup

Russian Fuel Disruptions Push Central Asia Into an Energy Crisis

Ukraine's sustained attacks on Russia's oil refineries immediately plunged Central Asian countries into energy chaos, highlighting years of short-term policy decisions that have left the region without a coordinated energy strategy and sufficient diversification to withstand major disruptions. Just this week, Ukrainian drones knocked the Omsk refinery -- one of Russia’s largest processing facilities, with an annual capacity of nearly 22 million tons of crude oil -- offline, forcing Central Asian

The state of play with the defense budget’s various moving parts

Here’s what we’re watching for after Congress comes back in July.

Tourism: Revo bankruptcy attracts foreign hotel companies to Germany

The hotel operator Revo, which is also a franchisee of “Steigenberger”, “Ibis” and other brands, will be dismantled after filing for bankruptcy. The two renovators name the buyers.

Avantis AVWC vs Xtrackers MSCI World Momentum

Hey everyone, looking for some feedback on a long-term set-and-forget portfolio for my kid. They have a minimum 20-year investing horizon. I’ve narrowed it down to two completely different factor strategies in the UCITS space: Avantis Global Equity UCITS ETF (AVWC) Xtrackers MSCI World Momentum UCITS ETF (X3M / XDEM) Given that this is for a child with zero emotional attachment to daily volatility and a massive runway, which factor premium would you trust more over 20+ years? submitted by /u/mak

Schwarz Digits: Rolf Schumann – Schwarz Group separates from co-head of the digital division

The dual leadership is history: Rolf Schumann is leaving Schwarz Digits with immediate effect, his co-boss Christian Müller is taking over the leadership. The group leaves many questions unanswered.

Poker for Easyjet: New flying style

The bidding war for Easyjet shows a change in the consolidation of the airline industry. They no longer organize airlines among themselves, now financial investors are sorting things out. This can be expensive for passengers.

Uber and Bolt: The taxis are staggering

The taxi industry enjoys privileges - rightly so, as taxis ensure public transport services. Pressure from competition from Uber, Bolt and Co. is still good for the industry.

Handelsblatt Live: US stock market expert Koch: “Meta’s shares continue to rise”

After the “strong comeback” of the past few days, Markus Koch reports that the tech sector is taking a breather. However, the upward trend at Meta is continuing - also driven by positive news about the Internet company's AI model.

Health: Bundestag approves Warken's health insurance reform

The draft law to restructure statutory health insurance (GKV) passed the Bundestag on Friday with the votes of the black-red coalition. Demonstrators in front of the parliament building and the opposition parties criticized the move.

New authority: Will Germany remain a paradise for money launderers?

The EU's new anti-money laundering authority launched a year ago with high expectations, but is still in the middle of being set up. What is important in the fight against crime?

Investment: AI agents from JP Morgan beat the classic 60/40 portfolio

JP Morgan Chase is testing whether artificial intelligence can independently shift capital between stocks and bonds – and the initial results are encouraging.

Eurofinance Minister: Where is the Eurogroup heading?

The Euro finance ministers are struggling for their role. Should they limit themselves to the financial and monetary policy of the euro area or set out for new horizons?

IEA Chief Urges EU to Drop Arctic Drilling Ban

The European Union should reverse the current moratorium on drilling in the Arctic, where Norway is pushing to drill if allowed, Fatih Birol, the executive director of the International Energy Agency (IEA), has said. The EU’s moratorium on Arctic drilling was enacted in 2021 due to the bloc’s climate commitments and environmental concerns. The ban does not allow drilling in Norway’s northern parts of the Barents Sea, which is estimated to contain most of the remaining Norwegian oil and gas resou

US Marines successfully test-fire new medium-range air defense system

U.S. Marines on Guam successfully fired the service's new Medium-Range Intercept Capability system during Exercise Valiant Shield.

The situation at a glance: USA and Iran want to continue talking - Trump: ceasefire over

After mutual attacks by the USA and Iran, the search for a negotiated solution continues. Both sides seem ready to continue negotiating - US President Trump is now speaking out.

The space race is on as China takes a big step toward rivaling SpaceX

A Chinese company demonstrated controlled recovery of a rocket’s bottom portion, which is critical in helping to drive down launch costs.

Trump claims Iran wants to resume talks with US despite ceasefire breaches

US President Donald Trump said on Friday that Washington had agreed to resume discussions with Iran despite declaring an end to the fragile truce that had halted months of conflict between the two countries. “The Islamic Republic of Iran has asked us to continue ‘talks’. We have agreed to do so, but the United States has stated to them, in no uncertain terms, that the Cease Fire is OVER!” Trump wrote on his Truth Social platform. The remarks underscored the increasingly contradictory state of...

Pentagon picks Lockheed, nLIGHT for laser defense project

Separately, MBDA and Rheinmetall were selected to develop a laser weapon system for the German Navy.

Half of small-business owners hope to sell their companies and retire in the next decade. What happens to their workers?

“It’s an American tragedy” when small businesses close up shop.

Private chef salaries reach $300,000 as the rich seek their own Michelin stars

Demand for chefs, personal assistants, butlers, nannies, housekeepers, chauffeurs and estate managers have reached records, according to Morgan & Mallet.

Health Minister Warken: “It gets emotional very quickly at the clinics”

Health Minister Nina Warken had to defend her austerity law until the last second. “The compromises are very good,” she says in an interview with the F.A.Z.: The financial gap has been closed and stable contribution rates are guaranteed.

Hong Kong’s 3-year deal to host LEAP East ‘affirms’ global I&T role

Hong Kong’s role as the exclusive Asian host of the Middle East’s flagship LEAP East exhibition affirms its status as a global hub for innovation and technology (I&T), the Tourism Board has said. The Asian debut of the expo wrapped up in Hong Kong on Friday, drawing more than 25,000 visitors over three days. The city will serve as the event’s sole Asian host for the next three years. “This significant partnership not only demonstrates the global industry’s confidence in Hong Kong, but also...

+++ Iran War +++: According to Trump, the USA is ready for talks with Iran even after the end of the ceasefire

Mediator from Qatar apparently for talks in Iran +++ Reports: Israel warned Trump about Iranian murder plot +++ The news blog.

BOEM Explores Potential for OCS Space Launch and Recovery

'The Outer Continental Shelf presents a significant opportunity to support the future of America's space economy', Acting BOEM Director Matt Giacona said.

Stablecoin issuer Circle just got the greenlight to operate as a bank. The shares are up 7%

Stablecoin issuer Circle surged in premarket trading after the U.S. Office of the Comptroller of the Currency granted it approval to operate as a trust bank.

After new attacks: Trump confirms: ceasefire in the Iran war is over

At the NATO summit, US President Trump expressed frustration with Iran and said the ceasefire could be over. Now he follows up.

These are America's 10 cheapest states for 2026, where you can still beat inflation

These are America's cheapest states to live in for 2026, where residents can still beat inflation.

Nurses baffled by closed medicine tube to premature baby, inquest hears

An infusion tube delivering medicine to a premature baby at a Hong Kong public hospital was closed for unknown reasons shortly before her death three years ago, an inquest has heard. Two nurses testified at the Coroner’s Court on Friday about the circumstances of what Prince of Wales Hospital in Sha Tin acknowledged as a “serious untoward event” on June 13, 2023. Both witnesses said they had no idea why a three-way valve controlling the flow of medicine to the baby was closed, even though it had

Kraken to launch agentic trading as crypto exchanges evolve beyond crypto

Kraken is preparing to relaunch its app with agentic trading at its core, the company told CNBC exclusively.

SK Hynix stock set for Nasdaq debut, opening the trillion-dollar chip giant to U.S. investors

SK Hynix has soared to a trillion-dollar market cap by serving some of the biggest names in technology, including Nvidia and Apple.

VW in transition: Volkswagen has to dare to do more with Tesla

VW boss Blume wants a lean and regionally focused group. It will be difficult for politicians and trade unions to take a position against it. A comment.

$26.5B for memory chips. good luck financing a copper mine.

Wall Street can still find money for AI very quickly. SK Hynix just raised about $26.5B in its U.S. listing, even after a pullback in chip stocks. That is a huge number, and it says investors still want exposure to the AI infrastructure chain. The slower part is everything underneath it. More chips mean more data centers, more power infrastructure, more substations, more transmission, more electrical equipment, and eventually more copper demand. AI capital can scale in quarters. Copper supply us

Big bang before the election: Prime Minister Wegner no longer wants to be the top candidate

Kai Wegner pulls the ripcord: After constant criticism of a tennis match and false information, Berlin's head of government withdraws as the top candidate - and causes the CDU to falter shortly before the election.

The autonomous CCA wingmen of 2030 may look nothing like today’s assumptions

While services test teaming with Collaborative Combat Aircraft, industry faces hard questions.

AI briefing: What you should do now about high AI costs

For a long time, the large AI laboratories dictated the pace and prices. Now customers learn to compare models, control costs and limit dependencies. This week's AI news.

Can you pass this money quiz?

Also: How young people buy homes, the Trump-account lowdown and three stock screens.

SK Hynix’s stock looks primed for a pop in its Nasdaq debut

The South Korean memory company’s American depositary receipts begin trading on Friday.

UAE Oil Output Hits All-Time High, Doubling Pre-Crisis Levels

The United Arab Emirates (UAE) produced 4.1 million barrels per day (bpd) of crude oil in June, its highest output ever, according to estimates by the International Energy Agency. The UAE’s crude oil production jumped from 3.3 million bpd in May to 4.1 million bpd in June after the country left OPEC effective May 1, started raising output, and managed to sneak a lot of exports out of the Middle East even as the Strait of Hormuz was mostly blockaded for the first half of June. The crude oil produ

Six takeaways from the 2026 NATO Summit

From deep strike funding to a relatively tame Trump, what emerged from the event will have largely pleased most of the 32 allies.

Reform: Billions in savings in health spending are coming

The black-red coalition is pushing through a major reform before the summer: the austerity law for health insurance spending has been sealed after a long struggle. Are higher contributions now off the table?

Venezuela Breaks Up Oil Monopoly Under New Rules

Venezuela's interim government published long-awaited oil regulations on Thursday.

Trump says he won't sign housing bill, which would become law automatically

Congress passed the bill that aims to address the costs of homes and rein in institutional investors with strong bipartisan support in June.

My insurance company said my roof lost a few tiles. Loss adjusters found $10,000 in storm damage. How could this happen?

“My house shook violently from the wind.”

Dow Jones, S&P, Nasdaq: The Middle East is depressing the mood of the US stock markets – investors are holding back

Stocks are falling, oil remains under pressure, the dollar is falling. The fragile ceasefire in the Middle East is keeping investors on tenterhooks. Apparently the efforts to negotiate are continuing.

Condos are getting cheaper — but list prices don’t include this fast-growing hidden cost

New lending requirements, rising insurance premiums and aging buildings have contributed to the rising cost of condo ownership.

Heating law: Bundestag passes new heating law

The Bundestag has passed the new building modernization law. This overturns key points of the regulations decided by the previous traffic light government.

Fidji Simo: Top Open AI manager resigns

Fidji Simo came to the AI ​​company almost a year ago as a great hope. Why she is giving up her post now.

Hong Kong eases proposed health check rules for elderly commercial drivers

Hong Kong authorities have relaxed a recent proposal requiring mandatory annual medical check-ups for commercial vehicle drivers aged 65 to 69, reducing the frequency to twice in five years following an industry backlash. The proposal, set to take effect in mid-2027, will reduce the age threshold for mandatory medical certification for commercial vehicle drivers from 70 to 65. In a policy paper submitted to the legislature on Friday, the Transport and Logistics Bureau said the move was aimed at.

Trump says he will not sign bipartisan housing bill: ‘a big yawn’

US President ⁠Donald Trump said ⁠on Friday he would ⁠not sign a bipartisan housing affordability bill that he had called “a big yawn”, but the measure can become law without his signature. Trump said in a social ‌media post that he was withholding his signature “in PROTEST over the fact that the United States Senate is not capable of passing THE SAVE AMERICA ACT”. The housing bill was a rare instance of bipartisan agreement on major ⁠legislation in the deeply divided Congress. Among its main...

Hong Kong and Shenzhen the perfect end points for modern Silk Road: leading economist

Prominent economist Jeffrey Sachs says he chose Hong Kong and Shenzhen as the final stop on an overland journey retracing the footsteps of Marco Polo because of their significant role in powering the world’s green and digital age. The Columbia University professor set off from Rome on June 13 for a 43-day, 15,000km (9,300-mile) journey, the Marco Polo Drive of Peace, Culture and Sustainable Development. The former adviser to the UN secretary general said the journey was designed to send a...

Bureaucracy Is Strangling America's Clean Energy Buildout

The global energy system is facing a polycrisis. Consecutive and escalating geopolitical crises have thrown the world’s oil and gas markets into turmoil, the artificial intelligence boom is placing unprecedented stress on power grids and threatens to drive a major energy supply deficit in the near future, and all of this is taking place against the backdrop of dangerous heat waves, underscoring the cost of our energy system and the urgency of the global clean energy transition. So what is standi

These are America's 10 most expensive states for 2026, where inflation is punishing residents

These 10 U.S. states are the most expensive places to live in America in 2026, with inflation punishing residents to an extreme degree.

Retail: Purchase advisor defies AI – how Stiftung Warentest and Co. want to maintain their business

Stiftung Warentest, “Bild” and “Chip” make money from product tests – but AI agents threaten their models. How providers counteract this.

Electricity affair: Berlin's governing mayor Kai Wegner withdraws from the top candidacy

Berlin's governing mayor Kai Wegner is giving up his candidacy for the CDU in the House of Representatives elections in September. However, he will remain in office until the election.

Export ban: Helium shortage endangers China's future industries

China's industry is sounding the alarm. The reason: Qatar, the largest helium supplier, is failing, while Russia, the second largest supplier, is supplying much less. Beijing takes emergency measures.

48-year-old worked at a garden center for $17/hour to make ends meet: 'It's one of the best jobs I've ever had'

"Without a job, I felt invisible. With a job, I felt seen, useful, and purposeful again," says Leslie Friday, who sold plants and flowers while job searching after a layoff. "I loved every minute."

Development service provider Magna: “When BMW coughs, Magna gets pneumonia”

The car manufacturer BMW has to save money and is increasingly restricting external developments. This particularly affects the former house and court supplier Magna.

Car crisis: Financial investor 3i says goodbye to automotive service provider Formula D

New owner for the ailing automotive quality inspector Formula D: The investment company 3i is out. That's what's behind the deal.

Chinese users praise OpenAI’s GPT-5.6 for efficiency, even at higher cost than local rivals

OpenAI’s latest GPT-5.6 release marks a growing emphasis on cost-efficiency, a move welcomed by some users in China who continue to access the blocked service via virtual private networks (VPNs) and third-party proxies, even as the artificial intelligence model remains more expensive than local rivals. The launch on Thursday introduced a trio of models tailored to different capabilities, speeds and price points: the flagship Sol, the balanced Terra and the lightweight Luna. According to OpenAI,.

IEA Cuts Russia's Oil Production Forecast Due to Ukrainian Attacks

Russia's oil production in 2026 and 2027 is set to be lower than previously expected, due to intensified Ukrainian drone attacks on Russia's energy infrastructure, the International Energy Agency said in its monthly oil market report on Friday. Russia produced on average 9.2 million barrels per day (bpd) in 2025. The forecasts for this year and next, however, has been downgraded from previous projections as Ukraine continues to inflict damage on Russia's storage, refining, and transportation ass

Crisis in the auto industry: Weak market in China is slowing down German car manufacturers

Weak demand in China hits VW, BMW and Mercedes hard. Sales are falling by double digits – despite growth in Europe.

Health costs: health savings package at its destination - what's in it?

The coalition wants to curb ever-increasing health spending and avert new premium increases for millions of health insurance patients. What awaits everyone with the hotly contested reform?

Fast fashion: China approves Shein IPO after lengthy review

Shein has received the green light from Beijing to go public in Hong Kong. After failed attempts in New York and London, the way is now clear.

Schwarz Group: Christian Müller becomes sole boss of Schwarz Digits

Rolf Schumann is leaving the company with immediate effect. Müller's focus for the new phase: expansion as a European cloud alternative and a billion-dollar project in the Spreewald.

Can anyone point me to a good source on Oil?

pre MOU with iran there were reports that several places were approaching a critical level (see comments by Exon CEO, trump among others). Obviously since then there has been SOME transit of the straight but the best data Ive been able to find is that the area was able to get close to about 75% of pre war oil export levels (including pipelines). Obviously a large portion of that transit has been interrupted again, however we havent seen a spike in oil levels commensurate to what we had previousl

IPO: China approves Shein IPO after lengthy review

The fast fashion retailer waited a year for approval from China. Shein could probably aim for a valuation of 40 to 50 billion dollars in the IPO.

Using crypto to transfer USD -> EUR?

I know there are fees for deposits on crypto platforms, and I know it affects your taxes, but if I'm transferring thousands of USD to EUR might it be cheaper than Wise to just load the thousands of dollars into a crypto exchange, buy BTC, and then extract it back out as EUR right away? submitted by /u/oneiric_one [link] [comments]

Health care reform: Warken brings savings package through the Bundestag and Bundesrat

The Health Minister's controversial health insurance savings package has been approved. Warken was ultimately able to convince the states of the reform, whose approval was unclear until the end.

Health insurance savings law: A first step for the health system - but a hard-fought success for Warken

The savings for 75 million people with statutory health insurance are more than they expected in twenty years. But the real restructuring is still waiting for Minister Nina Warken. A comment.

China to head off AI-fuelled inequality by lifting salaries, narrowing pay gap

China has made income growth and the reform of its wage-distribution system a priority within broader efforts to cushion the domestic job market against the impact of artificial intelligence over the next five years. A new blueprint released by the Ministry of Human Resources and Social Security on Thursday laid out a detailed road map for the strategy, vowing to promote collective wage bargaining within the private sector, ensure steady wage growth, and tilt pay towards frontline...

US scientists use Chinese humanoid robot to carry out keyhole surgery and remove organs

US scientists have carried out keyhole surgery with a Chinese-made robot taking the place of the lead surgeon. The general-purpose humanoid robot made by Unitree Robotics was remotely controlled by two human surgeons as it successfully removed a pig’s gallbladder at the University of California San Diego (UCSD). Another robot also played a support role during the procedure, controlling the endoscope used to monitor the operation and retracting tissue. “Remotely operated and autonomous humanoid..

F.A.Z. series Get smarter quickly: Does the much talked about private school boom exist?

It has long been believed that many middle-class families would flee to private institutions in large numbers due to dissatisfaction with public schools. What actually happened.

New drone czar’s success hinges on personalities, Pentagon politics: Experts

Depending on who’s named to head the new drone-buying office, and how they handle the inevitable friction, said a former Pentagon AI chief, “it may turn out to be a master stroke … [or] it could end up looking like the F-35.”

Joint venture: Bayer gets financial injection from Apollo

The Leverkusen-based pharmaceutical and agricultural chemicals group has had high debts since the Monsanto takeover. Fresh capital is now coming from a financial investor.

Building modernization law: One bad heating law is replaced by another bad one

The Union has achieved its goal: Habeck's heating law has been abolished. However, it is questionable whether she has done herself and the country a favor.

Anwar, Anutin hit diplomatic high notes to mask Malaysia-Thailand tensions

After a rendition of My Way and a saxophone accompaniment that felt closer to crooning uncles at a wedding party than high-stakes diplomacy, Malaysian Prime Minister Anwar Ibrahim and his Thai counterpart Anutin Charnvirakul announced the serious business of squashing a damaging trade row and bringing greater security to the porous border between the nations. The pair, long-standing friends, also share a love for public spectacle, with Anutin playing the classic song popularised by Frank Sinatra

Volksbanken: “You can hardly imagine it” – trouble at Volksbanken after the Cologne brothel loan

The lobby association BVR is closely examining the processes at Volksbank Köln Bonn. In the cooperative sector, the case is seen as reputational damage - not the first in the recent past.

The next frontier of AI: how ‘world models’ are simulating reality and virtual spaces

Artificial intelligence has spent years learning to generate words, images and videos. Now, the industry’s attention is shifting towards “world models” – AI systems designed to simulate how the physical or digital world changes over time. While the term was originally associated with physics simulations and robotics, a growing number of Chinese companies are applying the concept more broadly. The technology remains in its infancy, with little consensus on what a world model should ultimately...

India’s State Nuclear Firm In Search of Global Uranium Assets

Indian state-owned NTPC Ltd, the biggest utility in the country, is looking to acquire stakes in uranium assets globally to secure fuel for the expected massive expansion of India’s nuclear power capacity. NTPC, currently the only nuclear power generator in the country, has issued a tender to hire consultants to help it identify potential uranium mines in which it could invest in uranium-producing countries, including Australia, Canada, Kazakhstan, and South Africa. Bids are due by July 16, acco

The solution to the tanker problem the US military keeps finding in Pacific wargames

[Sponsored] Simulations consistently point to the vulnerability of larger refuelers concentrated at a handful of airfields.

Car manufacturer crisis: austerity plans and falling sales: struggle for VW's future

Even after the supervisory board did not want to pass the austerity package, the board is still planning the major renovation. Meanwhile, the current sales figures are pointing sharply downwards.

People’s Daily joins Beijing blitz against Philippines over 2016 South China Sea ruling

China’s flagship Communist Party newspaper has joined a sweeping rhetorical offensive against rival maritime claimant the Philippines, days ahead of the 10th anniversary of a South China Sea arbitration ruling rejected by Beijing as “illegal”. In twin commentaries published on Friday, the People’s Daily branded the July 12 decision of 2016 a “destabilising force” and demanded that Manila pivot to direct talks. The commentaries from official media cap a multi-agency initiative from Beijing in...

AI Act: Federal Network Agency also takes over state supervision for AI

AI supervision in Germany is to be more centralized than previously planned: the federal and state governments want to pool responsibility. How the surprising agreement came about.

Why the stock market and economy may seem out of sync

The stock market has boomed on AI euphoria, while the trajectory of the U.S. economy has been more tepid, economists said.

New law: Now the “biostairs” are coming into the boiler room

The Bundestag passes the new building modernization law. The installation of new gas and oil heating systems remains permitted – subject to conditions.

Pakistan mediates between Libya's two administrations after US-Iran talks

Taiwan's top memory chip maker Nanya Tech to quadruple 2027 capex

China successfully recovers rocket at sea in push for reusable launches

SoftBank and PayPay offer to invest up to $1.9bn in 7-Eleven parent

Chevron to Continue Supplying Gas to Australian Utility Alinta

Chevron signed a new agreement to supply 46 petajoules of Western Australian natural gas to Alinta over five years.

Always safe in your seat: Why you should stay strapped in on the plane

On the plane, many people only put on their seat belts when they have to, i.e. when the familiar signs light up. This incident shows why constantly wearing your seatbelt is important for your own safety.

Delta expects higher airfare to last, bringing 2026 profit goal in reach, CEO says

Delta is the first of the U.S. airlines to report second-quarter results.

Slumping AI stocks could be really good news for your nontech holdings, says market strategist

Katie Stockton, of Fairlead Strategies, said she is seeing strong buying momentum in the healthcare, industrial, biotech, insurance and utility sectors

Heating: Bundestag passes new heating law

Riedl's Dax radar: AI correction and renewed battle for the stock market trend

Oil price turbulence and interest rate fears are causing stocks to tremble. However, the Dax should no longer fall too low: help is coming from highly rated US stock exchanges. A column.

Meta found to breach EU laws with 'addictive' Instagram, Facebook designs

Instagram and Facebook's "addictive" designs have put Meta in breach of the European Union's digital laws, the EU concluded Friday in a preliminary report.

Aviation: Suddenly two investors are vying for the British low-cost airline Easyjet

US financial investor Apollo surprisingly outbid its competitor Castlelake and was initially awarded the contract for the airline. The takeover battle is about more than just price.

Energy transition: electricity without gaps - Federal Council clears the way for gas power plants

After the Bundestag, the state chamber also accepted the new power plant law. The background is the concern about blackouts and lulls in the dark.

Friend sues ex-plastic surgeon for HK$12m over loans tied to manslaughter case

A former Hong Kong plastic surgeon has been sued for more than HK$12 million he allegedly owes to a friend who lent him the money to help him contest a manslaughter charge arising from a botched botox injection eight years ago. Retiree Diana King Yuen-fung initiated the lawsuit in the High Court on Thursday demanding that Franklin Li Wang-pong immediately return the money he borrowed through 14 bank transfers between May 2023 and August 2024. Li, 94, was implicated in a high-profile trial last..

Well prepared for retirement: What remains for a European soccer champion in old age

In terms of sport, footballer Petra Landers has achieved everything - in a time before sponsorship money and acceptance for women's football. A story of big titles and a small pension.

Comment: Blume's big package now comes in individual parts

The VW boss actually wanted to pick up the pace. Months of tough negotiations are now looming. The car manufacturer is thus cementing its reputation for not being able to make decisions at the crucial moment.

Social media: EU accuses Meta of violating the law and risking addiction - high penalties are imminent

The European Commission assumes that Meta is not complying with the requirements of the Digital Services Act - and is pressing ahead with proceedings against the company.

Reforms: Bundestag approves health savings package

After a long struggle, the coalition is bringing billions in savings in health spending through parliament, which are intended to prevent higher contributions. The law still has one final hurdle to clear.

The Tech Download: Teen social media bans miss a key part of the puzzle: AI chatbots

Teenagers are increasingly becoming dependent on AI chatbots, echoing a familiar problem with social media in the 2010s.

ADNOC Orders $900 Million in New LNG Carriers to Expand Global Fleet

ADNOC Logistics and Services has placed a $900-million order for four newbuild LNG carriers to expand its fleet as Abu Dhabi’s national oil company seeks to boost gas exports to seize the global rise in LNG demand. ADNOC Logistics and Services on Friday announced a newbuilding order for an additional four next-generation LNG carriers with a total value of approximately $900 million, or 3.3 billion UAE dirhams. The newly-built vessels will be constructed at Jiangnan Shipyard in Shanghai, China, a

U.S. Strikes Fail to Break Iran’s Grip on the Strait of Hormuz

The U.S. launched another major round of strikes across Iran this week, targeting roughly 90 military sites, including coastal radar installations, anti-ship missile batteries, drone launch positions, command networks and IRGC naval assets around Hormuz. Tehran responded within hours with missile and drone attacks against U.S. military facilities in Bahrain, Kuwait, and Qatar while insisting it will continue enforcing its own navigation regime through the Strait. For Tehran, control of Hormuz is

Nord Stream Loses Landmark Insurance Case as War Exclusion Prevails

Politics, Geopolitics & Conflict A UK High Court ruling has ended Nord Stream AG’s attempt to recover $662 million in insurance claims from the September 2022 sabotage of the Nord Stream 1 gas pipeline, with a judge ruling it a standard war-risk exclusion and relieving insurers of liability (Lloyd’s and Arch). The court also rejected Nord Stream AG’s argument that separate damage to one section of the pipeline had been caused by a ship’s anchor rather than explosives. This ruling establishes an

Oil Prices Rally on Renewed Hormuz Supply Risks

August WTI crude oil traded higher during the week ending July 10, with prices last at $71.84 through Thursday evening, up $3.38, or 4.94%. The contract posted a wide weekly range, climbing from a low of $67.82 to a high of $76.08 before pulling back late Thursday. The week's advance was driven by one dominant theme: growing concern over global oil supplies. Traders added a larger risk premium to crude prices as renewed geopolitical tensions in the Middle East raised questions about the security

New sole boss: Christian Müller becomes sole boss of Schwarz Digits

After Rolf Schumann's farewell, Schwarz Digits is starting the next phase with Müller at the helm. In focus: Expansion as a European cloud alternative and a billion-dollar project in the Spreewald.

Corporate America is pumping $1 trillion into stock buybacks — but look at what insiders are doing

These 22 U.S. stocks are backed by company buybacks and insider cash.

Brewery: Consumers are drinking less and less beer

The German market is shrinking. Veltins also feels this. Only the purchase of caramel keeps the Sauerland brewery on course for growth.

Battle for battery manufacturers: Varta creditors are increasing the pressure on the rescuer investor

The tone between Varta's main creditors and the investor Allswiss, which wants to save the battery manufacturer, is becoming rougher. The lenders around Deutsche Bank are finally demanding details of the takeover offer.

Why did no one tell me about investing in the stock market? Im having huge regrets

Im 29 years old, and up until 28 i never invested and just thought you are supposed to be frugal and stack up cash in the bank. It thought investing is similar to gambling and that you have to have alot of knowledge about it. I didnt know about the simplicity of investing in the S&P500 I still was able to stack up alot of money since i live in my parents house and now have it all invested through a lump sum but everyday i think about the bull market i missed in 2023-2025. I hate how online finan

Volkswagen to slash model lineup and shrink capacity — but no word on job cuts

The update followed a high-stakes boardroom showdown with the group's supervisory board.

VW: Volkswagen employee representatives take the board to court

The austerity program at Volkswagen is causing anger and criticism. The most important employee representatives have now given CEO Oliver Blume an ultimatum.

Ukraine escalates attacks on tankers near Crimea as Russian fuel shortages bite

The drone strikes form part of Ukraine's campaign designed to choke off supplies and transportation routes in and out of Crimea.

Humpback whale in the Baltic Sea: Humpback whale spotted again off Denmark

“Timmy” was not the first humpback whale in the Baltic Sea. There is currently another one swimming there, in Danish waters. The authorities provide clear rules of conduct.

EIA Cuts 2026, 2027 USA Gasoline Price Projection

The EIA lowered its U.S. regular gasoline price projection for both 2026 and 2027 in its latest short term energy outlook.

New sole leader: Christian Müller becomes sole boss of Schwarz Digits

After Rolf Schumann's farewell, Schwarz Digits is starting the next phase with Müller at the helm. In focus: Expansion as a European cloud alternative and a billion-dollar project in the Spreewald.

Kids portfolio

Hi, I’m building my children portfolio I am debating between vuaa with avws to capture small cap value premium and Paul merriman 4 fund portfolio whole world value. Problem is that it can’t be replicated using ucits. Almost no value options. His portfolio is Us large value, small value, int large value and small value I can do a global funds but I’m not sure it will be the same even when the global have us in them submitted by /u/Vivid_Initial8129 [link] [comments]

Hong Kong keeps tight grip on housing land supply despite property rebound

Hong Kong’s government will release just one residential site for sale in the July to September quarter, maintaining a cautious approach even as the housing market rebounds, while officials argue that supply from other channels will keep the city on track to meet its housing targets. A 5,170-square-metre (55,649 sq ft) site on Fat Kwong Street in Ho Man Tin, Kowloon, will be offered through tender in the second quarter of the 2026-27 financial year, according to Development Secretary Bernadette.

As SK Hynix lands in the U.S., here’s why investors should be wary of the chip sector’s ‘bubblelike’ volatility

Traders can only hope South Korea–style turbulence won’t be imported to Wall Street.

Hong Kong watchdog orders removal of viral video allegedly involving singer David Lui

A viral dashcam video clip showing a heated argument inside a ride-hailing vehicle between a driver and a passenger, identified in the footage as singer David Lui Fong, has prompted Hong Kong’s privacy watchdog to order its removal, the South China Morning Post has learned. In response to the SCMP’s queries, the Office of the Privacy Commissioner for Personal Data said on Friday that it had ordered a social media platform to remove the footage, adding that the office had not yet received any...

Delta reports record revenue and a profit beat, even as fuel costs surge

Delta Air Lines’ stock was set to gain despite the company saying that profit fell — but beat expectations — even after the air carrier absorbed the highest quarterly fuel expense in its history.

Reform: Bundestag approves health savings package

After a long struggle, the coalition is bringing billions in savings in health spending through parliament, which are intended to prevent higher contributions. The law still has one final hurdle to clear.

+++ Football World Cup 2026 +++: Argentina legend Kempes rejects conspiracy theories: “Losers will always complain”

Morocco has no chance: International press celebrates France and bows to Mbappé +++ Now negotiations are underway: DFB leadership on the way to Klopp in New York +++ The World Cup blog.

Stocks are seeing increasingly wild swings post-earnings. Why even good numbers often aren’t enough to impress.

The second-quarter earnings season is off to a volatile start, offering an early test of whether investors’ high expectations for corporate profits can hold up.

Tanker transit through Strait of Hormuz plunges as US-Iran ceasefire fractures

The Strait of Hormuz faces a renewed plunge in maritime traffic after the United States ended its ceasefire with Iran, casting a shadow over a tentative commercial recovery, as analysts warn unaddressed differences in the framework agreement risk fuelling further escalation. Traffic volumes dropped again on Thursday, with only 14 vessels transiting the strait, down from 35 a day earlier, according to Veson Nautical, a maritime software and data provider. Real-time data from the vessel-tracking..

AI, data center fears could be key in closely watched Michigan Democratic Senate primary

Abdul El-Sayed and Rep. Haley Stevens will face off in the Michigan Democratic Senate primary on Aug. 4.

1,500 Americans filed for bankruptcy each day last year. They should have done this instead.

Personal bankruptcy filings surged 47% between 2022 and 2025. Here’s what you should do before deciding to file.

Rheinmetall, MBDA to develop laser weapon for German Navy

Rheinmetall and MBDA aim to field an operational laser weapon for the German Navy in 2029.

Schumann leaves: Christian Müller becomes sole boss of Schwarz Digits

Rolf Schumann is surprisingly leaving the Lidl Group's digital division after seven years. The previous co-boss Christian Müller will now be solely responsible for the expansion as a European cloud alternative.

Why India is turning to retired jets to sustain its depleted air force

India’s struggle to replenish its depleted fighter fleet has led one of the world’s largest defence spenders to seek spare parts from decommissioned aircraft. New Delhi recently secured nine retired British-built Jaguar ground-attack jets, which will not enter service with the Indian Air Force (IAF) but will be dismantled to help sustain its six operational Jaguar strike squadrons of about 120 aircraft. Analysts said the acquisition was a practical stopgap but also exposed a deeper weakness in..

IEA Warns Renewed U.S.-Iran Conflict Could Upend Oil Surplus Forecast

Despite the tentative recovery of oil flows through the Strait of Hormuz and the first build-up in global stocks since the war began, this week’s re-escalation of the U.S.-Iran hostilities could flip the outlook for an oil market surplus for next year, the International Energy Agency said on Friday. Oil prices have plunged since the United States and Iran signed the memorandum of understanding (MoU) in the middle of June, with North Sea Dated prices down by $31 per barrel in June to $68 a barrel

Fiber optic: How AI and war are strangling fiber optic expansion in Germany

Fiber optic expansion in Germany is stalling again. Prices have quadrupled. Why is that?