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Global Economy

Germany's biggest overhaul of its pension system in more than two decades is set to hand hundreds of billions of euros in retirement savings to global asset managers at the expense of insurers, according to FT

StockNow breaking-news AI analysis

Germany is advancing broad pension system reforms, prioritizing changes to private pension schemes to complement the state pension framework.

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Geopolitics

IRGC says a supertanker caught fire and was halted after being struck by two naval mines in Strait of Hormuz, adds tanker was attempting to pass illegally through the Strait of Hormuz and that ships must comply with its rules for passage

Geopolitics

Iran's army said it launched tens of drones at the Al Minhad air base in the UAE