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Featured

India's domestic workers go online as instant services boom

Racing against a stopwatch, a group of women folds bedsheets as they train to join an Indian startup that offers instant home services, transforming a traditionally word-of-mouth sector and promising better pay.

Hormuz, Malacca and other key straits spawn tensions throughout history

Hormuz and a handful of maritime straits around the world have served as the linchpin of global trade since the 16th century and have fuelled geopolitical rivalries throughout history.

Last news

Microsoft cutting more jobs from its gaming unit

Microsoft is cutting about 650 more positions from its gaming unit as it continues to tighten its belt following the blockbuster buyout of "Call of Duty" maker Activision Blizzard.

US says new Apple AirPods can be hearing aids

Apple on Thursday got a green light from US regulators to add a feature that would let upcoming AirPods Pro ear pieces be used as hearing aids, potentially disrupting that market.

ECB rate cut boosts European stocks as Wall Street extends rally

Europe's main stock markets climbed Thursday as the European Central Bank cut interest rates for the second time this year, while Wall Street equities shook off early weakness to also finish higher.

Business groups ask Ottawa to prevent Air Canada strike

Groups representing more than 200,000 businesses across Canada on Thursday urged the government to intervene to block a looming pilot's strike at flagship carrier Air Canada that they say risks devastating the economy.

US clears way for hearing aid feature in new Apple AirPods Pro

Apple on Thursday got a green light from US regulators to add a feature that would let upcoming AirPods Pro ear pieces be used as hearing aids, potentially disrupting that market.

Peru mourns divisive former strongman Fujimori

Peruvians began three days of national mourning Thursday for polarizing former president Alberto Fujimori, who ruled his country with an iron fist and then spent 16 years in prison for crimes against humanity.

PSG refuse League order to pay Mbappe disputed €55 million

Paris Saint-Germain refused Thursday to pay departed striker Kylian Mbappe a disputed 55 million euros ($60.6m) despite a French league (LFP) order to do so earlier in the day.

Fiat 500 electric production pauses for one month

Carmaker Stellantis said Thursday it would halt production of the electric version of its emblematic Fiat 500 in Italy due to weak demand, a move that comes as EV sales have slowed in Europe.

ECB cuts rates again, Lagarde backs EU reform call

The European Central Bank cut its key interest rate again Thursday as inflation cools while president Christine Lagarde urged EU governments to institute sweeping reforms proposed in a "formidable" report by her predecessor Mario Draghi.

ECB rate cut boosts Europeans stocks, euro

Europe's main stock markets and the euro climbed Thursday as the European Central Bank cut interest rates for the second time this year.

Bike-loving Dutch grapple with 'fatbike' phenomena

Dutch transport authorities said Thursday they have seized thousands of illegal electric "fatbikes" imported from China, as the bicycle-loving country grapples with a new craze that has even prompted heated debate in parliament.

ECB cuts rates again as inflation slows

The European Central Bank cut its key interest rate again Thursday as inflation cools but warned of continuing price pressures and gave no indication of the path ahead.

Stocks rally on cooler US inflation, before ECB rate call

Europe's main stock markets rallied Thursday following some strong gains in Asia and on Wall Street thanks to big uplifts for tech shares after data showed US inflation cooling further.

UniCredit CEO says Commerzbank takeover an option: Bloomberg

UniCredit is studying a takeover of Commerzbank, Chief Executive Andrea Orcel said Thursday, a day after Italy's second-largest bank surprised markets by revealing a nine-percent stake in its German rival.

Ireland launches EU privacy probe into Google AI development

An Irish regulator helping to police European Union data privacy on Thursday launched an investigation into Google's artificial intelligence development.

Pakistan police strike after attacks on polio vaccination teams

More than 100 Pakistan police who provide security for polio vaccination teams in restive border areas went on strike Thursday after a string of deadly militant attacks this week.

Markets rally with Wall St after US inflation eases further

A surge in tech firms Thursday helped Asian markets track a Wall Street rally after data showed US inflation at a more than three-year low, reinforcing expectations the Federal Reserve will cut interest rates next week.

Businesses warn Yellen on 'political pressure' over US Steel sale

Major Japanese and American business groups have urged US Treasury Secretary Janet Yellen not to succumb to political pressure when reviewing Nippon Steel's proposed acquisition of United States Steel.

Brazil's Indigenous people hail return of sacred cloak

With the beating of drums and pipes filled with medicinal herbs, the Tupinamba people of Brazil are counting down the final hours of a 335-year wait for the official return of a sacred cloak taken in colonial times.

With inflation slowing, ECB to cut rates again

With inflation slowing and the economic outlook darkening, the European Central Bank is expected to cut interest rates again Thursday but is unlikely to give much away about its next moves.

Asian markets rally with Wall St after US inflation eases further

Boeing faces potential strike as Seattle workers vote

Boeing faces a potentially crippling strike in the Seattle region, depending on how 33,000 workers vote Thursday on a new contract that has angered many employees despite solid wage gains.

On Cuban streets, mid-century icons face challenge from new rides

Brand new Mercedes, state-of-the-art 4x4s, even Teslas: high-end, modern cars have started appearing in Havana, a city whose image is intricately linked to the classic American sedans and Soviet-era Ladas that cruise its streets.

Argentine Congress backs Milei veto of pensions hike

Argentina's Congress on Wednesday upheld President Javier Milei's veto of a bill to increase pensions which sparked clashes outside parliament.

Ghana raises cocoa price by 45% to deter smuggling

Ghana's government on Wednesday announced a 45-percent increase in the producer price of cocoa for the 2024/2025 crop season, in a bid to curb smuggling.

US stocks rebound as market eyes Fed rate cut after inflation data

Semiconductor stocks were among the strongest performers Wednesday as US stocks staged a rebound to finish higher following mixed inflation data.

Argentine Congress upholds Milei veto of pensions increase

Argentina's Congress on Wednesday upheld a veto by President Javier Milei of a bill to increase pensions, as protesters clashed with police outside the building.

UN experts call for global system to trace critical minerals

UN experts called Wednesday for the creation of a global system to trace the extraction and production of critical minerals that are needed in the transition away from fossil fuels.

Afghanistan says to begin work on huge gas pipeline

Afghanistan said Wednesday work would begin on a $10 billion gas pipeline traversing South Asia as officials joined dignitaries in neighbouring Turkmenistan to celebrate its completion on that side of the border.

US stocks diverge as investors weigh slowing inflation

US stocks diverged on Wednesday as consumer inflation fell more than expected, fuelling a debate about the size of an expected Federal Reserve interest-rate cut next week.

Senior with style: Retirees take centre stage at Vienna Fashion week

Style is ageless, say a group of retirees who have just debuted their self-made collection at the Vienna Fashion Week.

US consumer inflation eases more than expected in August

US consumer inflation eased more than expected last month, according to government data published Wednesday, bolstering expectations that the Federal Reserve will cut interest rates next week.

Berliner Tageblatt - Economy (English)