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Union warns of 'conflict' as Volkswagen eyes mass job cuts

Volkswagen workers staged protests nationwide Thursday as unions warned of "major conflict" if the struggling German car giant pushes ahead with what could be the global auto industry's biggest restructuring.

Cocoa lynchpin sees chocolate lovers make hesitant return

Barry Callebaut, one of the world's biggest chocolate makers, signalled Thursday that chocoholics are starting to replenish their stocks after being stung by inflation.

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Air Canada flight attendants strike over pay, shutting down service

Air Canada's flight attendants went on strike Saturday, as the airline announced a complete shutdown of operations, creating summer travel chaos for its 130,000 daily passengers.

Air Canada set to shut down over flight attendants strike

Air Canada's flight attendants were poised to strike on Saturday as the carrier cancelled hundreds of flights impacting more than 100,000 passengers ahead of a threatened work stoppage that could shut down service.

Semenyo racist abuse at Liverpool shocks Bournemouth captain Smith

Bournemouth captain Adam Smith said he was left shocked and angered after teammate Antoine Semenyo reported being racially abused by a fan during the Cherries' 4-2 defeat at Liverpool in the opening game of the Premier League season.

Vietnamese rice grower helps tackle Cuba's food shortage

Outside Havana, a combine belonging to a private Vietnamese company is harvesting rice, directly farming Cuban land -- in a first -- to help address acute food shortages in the country.

Davos founder Schwab cleared of misconduct by WEF probe

An investigation conducted by the World Economic Forum's board on Friday cleared the body's founder Klaus Schwab and his wife of wrongdoing, after a probe into whistleblower complaints.

Stocks waver on mixed US data, eyes on Trump-Putin summit

Stock markets wavered on Friday as investors digested mixed US economic data and awaited a landmark US-Russia summit aimed at ending the war in Ukraine.

Deadline looms to avert Air Canada strike

Air Canada faced a midnight deadline Friday to avert a flight attendants strike that would shut down service, creating summer travel chaos for the carrier's 130,000 daily passengers.

Stocks waver as US-Russia summit looms

Stock markets wavered on Friday as investors digested mixed US economic data and awaited a landmark US-Russia summit aimed at ending the war in Ukraine.

Italian authorities try to identify Lampedusa capsize victims

Italian authorities on Friday sought to identify the bodies of 27 people who died when two crowded boats sank off the Mediterranean island of Lampedusa.

'Like hell': Indoor heat overwhelms Saudi Arabia's cooks, bakers

Baker Eid Ahmed just can't get away from Saudi Arabia's notorious heat: he makes bread next to a sweltering oven for 13 hours a day, only to step outside into summer temperatures that can soar past 45C.

Stocks mostly higher before US-Russia summit

Stocks were mostly up Friday after better-than-expected Japanese growth, although weak Chinese data hit the Hang Seng and oil slipped back ahead of a US-Russia summit on Ukraine.

Indonesia's president touts economy, social welfare drive

Indonesian President Prabowo Subianto emphasised an expectation-defying economy, low unemployment rate and slew of ambitious social welfare initiatives as he delivered his first state address to parliament on Friday.

Stressed UK teens seek influencers' help for exams success

Posing as a fortune teller on his YouTube channel, former teacher Waqar Malik tells thousands of followers that he can predict this year's exam questions.

Five things to know about Nigeria's oil sector

Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected to disrupt the oil sector in the continent's largest crude producer.

Asia stocks mixed before US-Russia summit

Asian stocks were mixed Friday after better-than-expected Japanese growth and weak Chinese data, while oil slipped back ahead of a US-Russia summit on Ukraine.

Online cockfighting thrives in Philippines despite ban and murders

Divers have spent more than a month searching a lake south of Manila for the bodies of men with links to the Philippines' bloody national obsession: cockfighting.

Trump's tariffs drown Brazil's fish industry

When the water pump is switched on, hundreds of tilapia come to the surface of a pond at a Brazilian fish farm. Their final destination is now uncertain because of US President Donald Trump's stiff tariffs.

Japan posts modest growth despite US tariffs

Japan eked out modest growth in the second quarter despite painful US tariffs, official data showed Friday, in welcome news to embattled Prime Minister Shigeru Ishiba.

Global plastic pollution treaty talks extended in 'haze' of confusion

Talks on striking a global treaty on combating plastic pollution were extended an extra day into Friday but with no clear endgame in sight.

Trump's tariffs have not reduced Panama Canal traffic -- yet

Tariffs imposed by US President Donald Trump on dozens of countries have so far not affected container ship traffic through the Panama Canal, its administrator said Thursday.

YouTube turns to AI to spot children posing as adults

YouTube has started using artificial intelligence (AI) to figure out when users are children pretending to be adults on the popular video-sharing platform amid pressure to protect minors from sensitive content.

Oil prices rise ahead of US-Russia summit as stocks digest inflation data

Wall Street stocks finished little changed Thursday as markets absorbed a disappointing inflation report, while oil prices shot higher on the eve of a US-Russia summit on Ukraine.

Apple Watch gets revamped blood oxygen feature

Apple on Thursday said some of its top smartwatch models are getting a redesigned blood oxygen sensing feature, sidelined for several years by a patent dispute.

Global plastic pollution treaty talks in a 'haze'

Countries scrambled Thursday to secure a global agreement on tackling plastic pollution as 10-day talks headed towards overtime, with one diplomat saying negotiators were in a "haze" on how to find common ground.

Apple rejects Musk claim of App Store bias

Apple on Thursday rejected Elon Musk's claim that its digital App Store favors OpenAI's ChatGPT over his company's Grok and other rival AI assistants.

Air Canada cancels flights over strike threat

Air Canada began cancelling flights on Thursday after receiving a strike notice from the flight attendants' union, warning all operations could be shut down by Saturday.

UN warns Russia, Israel of conflict sex crimes listing risk

The United Nations warned Israel and Russia on Thursday that their militaries faced being listed as parties suspected of committing sexual violence in conflict in light of credible evidence of violations.

US stocks drop as producer inflation surges

Wall Street shares fell Thursday as data showed US producer price inflation surged far more than expected in July, denting optimism that the Federal Reserve would soon start cutting interest rates.

Stocks diverge as bitcoin hits record high

European and Asian stock markets diverged Thursday and bitcoin hit a record high on the eve of landmark talks between US President Donald Trump and Russian counterpart Vladimir Putin on potentially ending the Ukraine war.

Japan's grand tea master Sen Genshitsu dies at 102: reports

Sen Genshitsu, a would-be kamikaze pilot who became a Japanese tea ceremony master preparing cups of matcha for world leaders and monarchs, died aged 102 on Thursday, reports said.

Germany's Thyssenkrupp cuts targets as US tariffs weigh

Thyssenkrupp's shares slumped Thursday as the struggling German industrial giant slashed its sales forecasts due to weak demand amid US President Donald Trump's tariff onslaught.

UK economy slows less than feared after tariffs

Britain's economy performed better than expected in the second quarter as it weathered the impact of US tariffs and a higher UK business tax, official data showed Thursday.

Berliner Tageblatt - Economy (English)