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Featured

Nestle siphons off bottled water business into joint venture

Swiss giant Nestle said Thursday that it will create a joint venture for its bottled water business, which includes top-selling brands such as San Pellegrino, Source Perrier and Acqua Panna.

Nokia says AI, cloud boosted sales in second quarter

Finnish telecommunications equipment maker Nokia said that demand for its AI and cloud services drove sales higher in the second quarter, but restructuring charges ate into earnings.

Last news

Stocks rally runs out of puff as focus turns to interest rates

A rally on stock markets lost its legs Monday as investors looked ahead to key interest-rate decisions this week in the United States and elsewhere.

UK facing £22bn hole in public finances: minister

Britain's Labour finance minister Rachel Reeves declared Monday that public finances faced an extra hole of £22 billion inherited from the Conservatives, who warned she was readying tax hikes.

Iowa latest US state to adopt near-total abortion ban

After a year-long legal battle, Iowa became the latest US state to enact a near-total abortion ban on Monday, keeping the charged issue of reproductive rights at the forefront of November's presidential election.

Fibre optic cables targeted in new infrastructure attack in France

France was on Monday probing the possible involvement of ultra-left movements in attacks that paralysed the rail network at the start of the Olympic Games, as new sabotage acts affected fibre optic cables in several areas.

Stock markets mostly rise as focus turns to interest rates

Major stock markets mostly advanced Monday as investors looked ahead to key interest-rate decisions this week in the United States and elsewhere.

French police arrest ultra-left activist after sabotage attacks: source

French authorities have arrested an activist belonging to an ultra-left movement at a site belonging to national rail operator SNCF, days after sabotage attacks paralysed the network at the start of the Olympic Games, a police source said Monday.

Asian markets extend Wall St rally after US data and ahead of Fed

Asian markets rallied Monday, tracking a surge on Wall Street after data showing US inflation slowed further in June stoked hopes the Federal Reserve will cut interest rates.

'Deadpool & Wolverine' opens to 'spectacular' $205 million

New Disney/Marvel comedy "Deadpool & Wolverine" scored a "spectacular" opening in North American theaters this weekend, its huge take of $205 million placing it not just near the top of superhero films but marking the eighth-biggest opening ever, analysts said Sunday.

Paris Olympic opening creator defiant, denies Last Supper reference

The mastermind of the ambitious Paris Olympics opening ceremony on Sunday rejected criticism his boundary-breaking show had gone too far, saying it had created a "cloud of tolerance" and denying any reference to the Last Supper that angered the Church.

Migrant dies on cross-Channel bid, boat continues to England

A migrant died on Sunday trying to cross the Channel from France to Britain on an overcrowded boat but authorities said dozens on the vessel refused to be rescued and continued their journey to England.

Avoid 'sexist' filming of women, Olympics camera operators told

The official Olympics broadcaster has urged camera operators to film men and women athletes in the same way to avoid "stereotypes and sexism" creeping into the coverage, its CEO said Sunday.

Bangladesh students vow to resume protests unless leaders freed

A Bangladeshi student group has vowed to resume protests that sparked a lethal police crackdown and nationwide unrest unless several of their leaders are released from custody on Sunday.

Defying downturn, auction houses bid high on Hong Kong

Three of the world's top auction houses are racing to expand in Hong Kong, eager to woo young Asian buyers even as the global art market retreats from pandemic-era highs.

US to help Amazon nations fight illicit finance, Yellen says

The United States is launching a new initiative to help South American nations disrupt illicit activities that harm the Amazon rainforest, Treasury Secretary Janet Yellen announced Saturday in Brazil.

LVMH's publicity in Olympics ceremony raises eyebrows

LVMH's high profile and highly visible product placement in the Paris Games opening ceremony surprised marketing experts and raises the possibility it could cause problems for the International Olympic Committee with their long-term sponsors.

French high speed train services still disrupted after sabotage

Traffic on three major French high-speed train lines remained disrupted Saturday, a day after saboteurs paralysed much of the rail network ahead of the Olympic Games opening ceremony in Paris.

Bangladesh says student leaders held for their own safety

Bangladesh said three student leaders had been taken into custody for their own safety after the government blamed their protests against civil service job quotas for days of deadly nationwide unrest.

Australia bans uranium mining at Indigenous site

Australia moved Saturday to ban mining at one of the world's largest high-grade uranium deposits, highlighting the site's "enduring connection" to Indigenous Australians.

Trump offers tech sector policy flips ahead of election

Fiercely against social media platform TikTok, cryptocurrency bitcoin and electric cars during his presidency, Republican presidential nominee Donald Trump has recently flip-flopped on several issues that are dear to Silicon Valley.

Spacecraft to swing by Earth, Moon on path to Jupiter

A spacecraft launched last year will slingshot back around Earth and the Moon next month in a high-stakes, world-first manoeuvre as it pinballs its way through the Solar System to Jupiter.

Lady Gaga, Celine Dion add sparkle to star-studded Olympic show

Lady Gaga, Celine Dion and French-Malian singer Aya Nakamura joined dancers, an opera diva and even a heavy metal band in an opening ceremony for the Paris Olympics that sought to proudly showcase French culture with a modern twist.

Airbus and Boeing supremacy secure despite turbulence

Boeing's safety troubles and the Airbus scramble to ramp up production should have left a gap for smaller rivals to challenge their dominatiion of the commercial airliner market.

G20 seeks common ground on taxing super-rich

G20 finance ministers are expected to take a first step towards international cooperation on taxing the super-rich Friday, with a deal in Brazil likely to call for individual nations to strengthen their own measures, rather than delivering a set of unified regulations.

Stocks rise as inflation data boosts rate cut hopes

Major stock markets pushed higher Friday as traders welcomed data showing US inflation is slowing, firming expectations for the Federal Reserve to start cutting interest rates in September.

Spain train driver jailed for 2.5 years over deadly 2013 crash

A Spanish court on Friday sentenced a train driver and a safety director to two-and-a-half years in prison over a 2013 crash that was the nation's deadliest rail disaster in nearly eight decades.

Russian central bank hikes key rate to fight inflation

Russia's central bank raised its key interest to 18 percent on Friday, the sixth hike in just over a year as it seeks to tame soaring price rises.

UK to reveal £20 bn hole in public finances: reports

Britain's new Labour government will announce next week that the country's public finances have an additional hole of around £20 billion ($26 billion), risking tax rises in an upcoming budget, media reported on Friday.

US Fed's favored inflation measure cools further in June

The US Federal Reserve's favored inflation measure eased further in June, according to government data published Friday, in more good news for policymakers ahead of next week's interest rate decision.

Electric car woes force German supplier ZF to axe jobs

German car parts manufacturer ZF said Friday it would cut a fifth to a quarter of jobs in Germany as it struggled with the switch to electric vehicles and foreign competition.

France's high-speed railway hit by 'sabotage' hours before Olympics

France's high-speed rail network was hit by arson attacks that disrupted travel for hundreds of thousands of passengers on Friday, just hours before the opening ceremony of the Paris Olympics.

Greece's 'Instagram island' Santorini nears saturation point

One of the most enduring images of Greece's summer travel brand is the world-famous sunset on Santorini Island, framed by sea-blue church domes on a jagged cliff high above a volcanic caldera.

Mongolians fight plastic pollution in vast steppe

Mongolian herder Purev Batmunkh sighs as he picks through waste strewn across a field -- the refuse of an unsightly and deadly waste pollution problem affecting swathes of the steppe.

Berliner Tageblatt - Economy (English)