Volkswagen plans to cut 50,000 jobs in Germany by 2030 after its 2025 net profit fell 44% to โฌ6.9bn, the companyโs worst result since the 2015 diesel scandal.
The automaker blamed trade tensions, weaker demand in China and the US, and rising competition from Chinese EV makers.
Luxury brand Porsche was hit hardest, with operating profit dropping from โฌ5.3bn to โฌ90m.
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๐จ Over $600,000,000,000 has been added to the US stock market in just 60 MINUTES.
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In the 1980s, a group of 16 women from the small town of Beardstown, Illinois suddenly became famous on the US stock market.
Most of them had no investment background. The club was founded in 1983 by 62 year old bank employee Betty Sinnock after she noticed bank clients making money from stocks while brokers refused to work with her.
She invited friends and created an investment club that included teachers, nurses, farmers and small business owners aged from 41 to 87.
They followed a simple value approach. The women preferred companies with steady growth, strong management and reasonable prices, while avoiding businesses they considered unethical.
Some decisions were surprisingly intuitive. They bought shares of a shoe company because they personally wore the brand, and purchased Hershey stock because they loved chocolate.
After 10 years the clubโs initial $1,600 investment grew to more than $80,000.
Media attention exploded. Their book became a New York Times bestseller and journalists claimed their annual returns reached 23.4%, higher than many professional investors.
Later it turned out the calculation contained an accounting error. The real annual return was about 9.1%, while the S&P 500 delivered roughly 14.9% during the same period.
Even so, the story had a huge cultural impact. Between 1983 and 1997 the number of investment clubs in the US grew from about 7,000 to 28,000, and women became a rapidly growing group of investors.
The Beardstown club still exists today and its portfolio reportedly includes companies like Amazon, Facebook and Apple with a total value of more than $500,000.
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๐ฎ๐ณ Restaurants and hotels across India warn they may shut down as LPG supplies are disrupted by the USโIsrael war with Iran, with shipping through the Strait of Hormuz heavily impacted.
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๐ฎ๐ท๐บ๐ธ Iranian Foreign Minister says "US officials are posting fake news to manipulate markets."
"It won't protect them from inflationary tsunami they've imposed on Americans. Markets are facing biggest shortfall in history."
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Nvidia, $NVDA, is planning to launch an open-source AI agent platform called NemoClaw, allowing enterprises to deploy AI agents for their workforces.
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We normally donโt share promotions on this channel.
Financial World Updates focuses on macro, finance and politics, and we are very selective with anything we introduce to our community.
However, over the past 6+ months, our team has been quietly following @AltcoinTrading and even tested several of their free signals ourselves.
The results were honestly impressive.
According to their reports, traders who followed the setups consistently were able to achieve around 30โ50% profit on their total deposit per week during strong trading periods.๐ Daily๐ค Bitunix Futures signalsโ ๏ธ Very strict risk management๐ Structured strategy with weekly performance reports
What also stands out is the transparency.
Unlike many signal channels in crypto:
Everything is shared openly and completely free for the community.
There is also an active discussion chat, where traders exchange ideas and follow the setups together:
If youโre interested in seeing how the system works, feel free to check it out:
We rarely recommend anything here โ but after following the channel for months, we believe itโs worth sharing with our community.
Trade responsibly and always do your own research.
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๐บ๐ธ Americans are now taking more hardship withdrawals from their 401(k) retirement accounts than at any time in history.
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Boeing has signed a $289 million contract with Israel to deliver as many as 5,000 โnew air-launched smart bombs with deliveries not scheduled to start โfor 36 months, a source told Reuters โon Tuesday.
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Chevron and Shell are close to signing the first major oil production deals in Venezuela since the U.S. captured President Maduro in January.
Chevron plans to expand production in the Orinoco Belt (Ayacucho 8 area), while Shell is targeting the Carito and Pirital fields in Monagas North.
Venezuela recently changed its oil law to give foreign companies more control over operations and exports.
The government may finalize contract reviews by the end of March.
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๐บ๐ธ Pentagon Spent $93B in End-of-Year Budget Rush
In September 2025 the Pentagon spent a record $93.4B trying to use up its budget before the fiscal year ended.
US agencies often follow a โuse it or lose itโ rule. If allocated funds are not spent by year end, next yearโs budget may be reduced.
Some notable purchases during the spending surge:
September is often the biggest spending month for US government agencies as departments rush to exhaust remaining budgets.
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Volkswagen plans to eliminate around 50,000 jobs, about 17% of its German workforce, as profits fall to their lowest level in a decade.
The companyโs profit dropped 44% last year and pressure is coming from several directions.
โข Chinese EV makers like BYD are taking market share in China
โข U.S. tariffs on imported cars are costing VW nearly โฌ3B per year
โข Rising energy and labor costs in Germany are forcing factory shutdowns
Europeโs largest automaker is now restructuring to stabilize its finances.
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๐ฏ๐ต Japan announces plans to release 15 days' worth of private-sector oil reserves and one month's worth of state oil reserves, Prime Minister Sanae Takaichi said on Wednesday.
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Germany is releasing part of its strategic oil reserves to ease fuel price spikes caused by the Middle East war.
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Binance sues the Wall Street Journal for defamation.
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๐บ๐ธ US CPI DATA CAME IN AT 2.4%
EXPECTATIONS: 2.4%
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This media is not supported in your browser
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We normally donโt share promotions on this channel.
Financial World Updates focuses on macro, finance and politics, and we are very selective with anything we introduce to our community.
However, over the past 6+ months, our team has been quietly following @AltcoinTrading and even tested several of their free signals ourselves.
The results were honestly impressive.
According to their reports, traders who followed the setups consistently were able to achieve around 30โ50% profit on their total deposit per week during strong trading periods.๐ Daily๐ค Bitunix Futures signalsโ ๏ธ Very strict risk management๐ Structured strategy with weekly performance reports
What also stands out is the transparency.
Unlike many signal channels in crypto:
Everything is shared openly and completely free for the community.
There is also an active discussion chat, where traders exchange ideas and follow the setups together:
If youโre interested in seeing how the system works, feel free to check it out:
We rarely recommend anything here โ but after following the channel for months, we believe itโs worth sharing with our community.
Trade responsibly and always do your own research.
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๐ฅ NVIDIA invests $2B in Nebius Group to build a hyperscale AI/HPC data center for enterprise applications.
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