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Germany confirms Zelensky's Berlin visit for high-level talks

Germany confirms Zelensky's Berlin visit for high-level talks

Yahoo28-05-2025
The German government has confirmed that Ukrainian President Volodymyr Zelensky will visit Berlin on Wednesday for talks with Chancellor Friedrich Merz, focusing on military support and efforts to achieve a ceasefire.
Zelensky will be received with military honours at the Chancellery, government spokesman Stefan Kornelius said. The two leaders will hold talks followed by a working lunch and a joint press conference.
Later in the day, Zelensky is expected to meet with German business representatives before heading to Bellevue Palace for a meeting with German President Frank-Walter Steinmeier.
The visit had been widely reported in local media, though neither Kiev nor Berlin had confirmed it earlier, as Zelensky's trips are often kept confidential for security reasons.
It is Zelensky's first visit to Berlin since Merz became chancellor. His last trip to the German capital was in October 2024.
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How unspent pension pots could rack up inheritance tax bills
How unspent pension pots could rack up inheritance tax bills

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time27 minutes ago

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How unspent pension pots could rack up inheritance tax bills

Unspent pension pots could prove problematic for those calculating their potential inheritance tax bill, with new changes taking effect from April 2027. New calculations by Quilter show that a working-age single homeowner in England hoping to pass on an average-priced home (£290,395) and a pension pot of £415,000 would pass on an inheritance tax (IHT) bill of £82,158 from 2027 following changes announced in the government's budget — even if they die before reaching pension age. Until now, unspent pensions were typically passed on tax-free if the saver died before age 75, and especially if they passed away before they could access them. HMRC confirmed that from April 2027, pension savings will count towards a person's estate for IHT purposes regardless of age at death, unless covered by existing exemptions. This means that cohabiting families with young children, who do not benefit from the spousal exemption or a transferable nil-rate band, will be far more exposed, according to Quilter. 'Charging inheritance tax on a pension someone could not access and will never be able to use due to passing away before the minimum pension age is optically terrible for the government," said Jon Greer, head of retirement policy at Quilter. Read more: How to make pension pots tax-efficient "It is even more unjust for cohabiting families who have no spousal relief or ability to transfer tax allowances. A grieving family with young children and an average priced home could face six-figure IHT bills at the most distressing time." In many cohabiting households the property is jointly owned (joint tenants), meaning only half its value is included in the estate. Even then, a typical family in England would still face an IHT bill of £24,079, purely because of the pension inclusion. Where the property is solely owned by the deceased, the bill is more than three times higher. For example, in London, sole ownership of an average-priced home (£565,637) plus a £415,000 pension creates an IHT bill of £192,254 in 2027. If the home is jointly owned, that falls to £129,127 – still a severe hit for a grieving family without the protections available to married couples. Across Wales, Scotland and Northern Ireland, where lower house prices meant there was previously no liability for families with similar pensions, bills in joint-ownership cases will still be an average of £23,891, £21,392 and £20,007 respectively. These liabilities will grow if house prices inflate before the rules take effect, the research in to access your portfolio

Zelluna ASA Reports Second Quarter 2025 Financial Results and Provides General Business Update
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Yahoo

time27 minutes ago

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Zelluna ASA Reports Second Quarter 2025 Financial Results and Provides General Business Update

Oslo, Norway, 20 August 2025 – Zelluna (OSE: ZLNA), a company pioneering allogeneic 'off-the-shelf' T-cell receptor-based natural killer (TCR-NK) therapies for the treatment of cancer, announces its second quarter 2025 results today. Webcast scheduled for 20 August 2025, at 09:00 (CET). Link to webcast here. Second Quarter 2025 Business Update Highlights On track toward IND/CTA submission in 2H 2025 and first-in-human trial initiation in 1H 2026. Broadened regulatory engagement: following positive FDA pre-IND feedback (Q2 2024), submitted a scientific advice briefing package to the UK MHRA in July 2025 for ZI-MA4-1. Initiated GMP manufacturing of clinical material in July 2025, a major step in clinical readiness; scalable platform developed with Catalent can deliver hundreds of doses from a single batch. Strong support from leading clinical experts and sites; refined trial design and moving to operational readiness ahead of IND/CTA submission Financial highlights Total operating expenses amounted to MNOK 38.4 in Q2 2025, and MNOK 67.8 YTD. Total loss was MNOK 37.5 for the period and MNOK 66.0 YTD. Net negative cash flow from operations was MNOK 59.4 in Q2 2025, and net decrease in cash and cash equivalents, excluding currency effects, was MNOK 59.0 during Q2 2025. Cash and cash equivalents amounted to MNOK 76.0 as per 30 June 2025. The current cash is expected to give a financial runway into Q2 2026, slightly shortened from the previously guided 'through Q2 2026' due to some one-off cost elements mainly related to investment in the successful development of the TCR-NK manufacturing process. The expected financial runway reflects that the cash burn rate is forecasted to come down significantly from the Q2 2025 level. On 27 May 2025, Zelluna ASA issued 227,096 new shares, each with a subscription price of NOK 26, to settle an amount of EUR 500,000 of an already triggered option exercise fee towards Inven2. The quarterly report and presentation will be published at 07:00 CET on 20 August 2025, and will be publicly available on the Zelluna website. The Company will conduct a webcast at 09:00 CET the same day, and questions can be submitted throughout the event. The webcast will be archived for replay following the conference call. Link to webcast here. For further information, please see or contact: Namir Hassan, CEO, Zelluna ASAEmail: +44 7720 687608 Hans Vassgård Eid, CFO, Zelluna ASAEmail: +47 482 48632 About Zelluna ASA Zelluna's mission is to deliver transformative treatments with the capacity to cure advanced solid cancers, in a safe and cost-efficient manner, to patients on a global scale. The Company aims to do this by combining the most powerful elements of the immune system through pioneering the development of 'off-the-shelf' T-cell receptor (TCR) guided natural killer (NK) cell therapies (TCR-NK). The TCR-NK platform offers a unique mechanism of action with broad cancer detection capability to overcome the diversity of tumours and will be used 'off-the-shelf' to overcome scaling limitations of current cell therapies. The lead program is a world's first MAGE-A4 targeting 'off-the-shelf' TCR-NK for the treatment of various solid cancers; a pipeline of earlier products follows. The Company is led by a management team of biotech entrepreneurs with deep experience in discovery through clinical development of TCR and cell-based therapies including marketed products. For more information, please visit This stock exchange announcement was published by Joachim Midttun, Financial Manager at Zelluna ASA, on 20 August 2025 at 07:00 CET. Attachments Zelluna-ASA-Q225-Report Zelluna-ASA-Q225-Presentation

Best credit cards for air miles
Best credit cards for air miles

Yahoo

time27 minutes ago

  • Yahoo

Best credit cards for air miles

Credit cards aren't just about spending. They are also powerful tools that, when used wisely, can help you save money, manage debt and even earn rewards. Whether you're looking to cut down on interest payments, earn cashback on everyday purchases, rack up air miles for your next holiday, or avoid fees while traveling abroad, there's a credit card tailored to your needs. In this guide, we'll break down the best options on the market for balance transfers, purchases, cashback, air miles and travel spending. We'll show you how to use these cards to your advantage, ensuring you get the most value while avoiding common mistakes. Best credit cards for air miles If you travel frequently, a credit card for air miles can help reduce the cost of flights and even unlock perks like flight upgrades and hotel stays. By using these cards for everyday purchases, you can earn points that can be redeemed for flights with your favourite airline's loyalty programme. Read more: How to use your Avios points for more than flight tickets How it works: 1. Earn miles: Points are usually earned based on the amount you spend and the class of your ticket — premium tickets often earn more points. 2. Redeem points: You can use points to cover the cost of flights or upgrades, though taxes and fees may still apply. Kate Steere, a credit card expert at personal finance comparison site said: 'For big rewards, the British Airways (IAG.L) American Express (AXP) Premium Plus Card offers 30,000 Avios when you spend £6,000 in three months, while the Barclaycard Avios Plus Card gives 25,000 Avios for spending £3,000 in the same period. "Virgin Atlantic fans can earn 18,000 points with the Virgin Money Virgin Atlantic Reward Plus Credit Card by making their first purchase within 90 days. Just remember the cards with the biggest introductory reward offers are also the ones with the largest annual fees.' Best 0% purchase credit cards A 0% purchase card allows you to make new purchases without paying interest for a set number of months. This can save you thousands compared with using a standard credit card, assuming you pay off the balance during the interest-free period. Read more: How to build passive income These cards are perfect for planned, necessary purchases. Think of them as a tool for managing big buys such as a new TV or essential home improvements. Let's say you take out a 0% purchase card with a 10-month interest-free period and spend £2,000 on new appliances. If you repay £200 each month, you'll clear the debt before the interest kicks in. However, if you still have a balance after the 10-month period, you'll start accruing interest at the standard rate, which can be as high as 27% annually. Key points: 1. Make sure to pay at least the minimum each month to keep the 0% deal. 2. Borrow only what you can comfortably repay within the 0% period. Steere said: 'TSB currently has the longest 0% purchase deal on the market at 25 months, narrowly ahead of M&S (MKS.L) and Barclaycard at 0% for 24 months. 'If you're planning a large expenditure, the current range of 0% purchase cards gives you 2 years to pay off your balance. None of these cards come with annual fees, but all of them revert to very standard (read 'punishing') rates after the 0% periods end. If you haven't cleared your balance at that point, look at a balance transfer deal.' Best credit cards for holidays and travelling Planning a trip abroad? A specialist travel credit card can save you a bundle by offering near-perfect exchange rates without the usual foreign transaction fees. Most credit and debit cards charge around 3% on foreign transactions, meaning a £100 purchase abroad could cost you £103. On top of that, some cards add a flat fee for every overseas transaction. Specialist travel cards waive those fees, letting you spend abroad at the same rates your bank gets. Key points: 1. Avoid cash withdrawals, as they often come with fees and interest. 2. Use the card for spending abroad to enjoy near-perfect exchange rates. Steere said: 'If you're summer holiday is still coming up, there are great offers at the moment to help you avoid currency conversion fees overseas, and you can even earn cashback on your spending (at home or abroad). "NatWest offers 1% cashback on all eligible travel spending, while you can get 0.25% cashback with Barclaycard. Just be sure to pay your card off in full each month to avoid paying interest (which would soon outweigh any cashback).' Best 0% balance transfer credit cards If you're struggling to keep up with credit card payments, a balance transfer credit card can be a lifesaver. These cards allow you to transfer existing credit card debt onto a new card with a 0% interest rate for a set period, potentially saving you hundreds of pounds in interest. Read more: How to find the weak link in your finances However, there are some crucial rules to follow to make the most of these deals: Always pay the minimum monthly repayment. Missing a payment could result in losing your 0% interest deal, incurring fines, and damaging your credit score. Clear the debt within the interest-free period. To avoid paying interest after the promotional period ends, make sure you can pay off the entire balance within the 0% timeframe. Don't use the card for new purchases. The 0% deal usually applies only to transferred balances, and using the card for new spending could result in hefty interest charges. Check your credit score. The best deals are often reserved for those with a strong credit rating, so it's worth checking your score before applying. Steere said: 'There's healthy competition in the balance transfer market at the moment, with 4 big names offering almost 3 years at 0%. MBNA leads the pack with 0% for 34 months and a balance transfer fee of 2.99%. "If you're in the market for a balance transfer and don't think you'll need such a long period to clear your card debt, then first consider the longest no-fee deals on the market (Barclaycard currently offers 14 months with no transfer fee). But if you do know you'll need longer to clear your debt, then it's worth taking a slightly shorter 0% term to get a lower balance transfer fee.' Best cashback credit cards A cashback credit card rewards you with a percentage of your spending, effectively giving you back some of what you spend. For example, if your card offers 1% cashback and you spend £100 on groceries, you'll earn £1 back. This cashback is typically credited to your account or added to your statement. Read more: Analysts' top emerging market fund and trust picks Things to watch out for: 1. Limits: Some cards cap the total cashback you can earn. 2. Introductory offers: Cashback rates might only apply for the first few months. 3. Restrictions: Some cashback offers are limited to specific purchases or retailers. 4. Minimum spend: Some cards require you to spend a certain amount to qualify for cashback. Steere said: "Amex (AXP) currently offers the highest introductory cashback rate: 5% (up to £125) plus an extra £10 bonus cashback for the first 5 months. After the 5 months, with the Everyday Amex you can earn 0.5% ongoing cashback (1% on annual spend over £10,000) or you can upgrade to the Amex Cashback Credit Card (£25/year) for a slightly higher ongoing earn-rate. Afterwards, you can earn 0.75% ongoing cashback - the extra cashback covering the card fee once it kicks back in, provided you spend £10,000 on the card annually. "However, if you want an instant welcome bonus, then you can get a £20 Amazon (AMZN) welcome gift card with the Amazon Barclaycard.' Disclaimer: The opinions expressed are the author's alone (unless stated otherwise) and have not been provided, approved, or otherwise endorsed by the providers listed. Yahoo does not earn any commissions from the lenders, or any other third party from the content in this lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données

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