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Airbus, Boeing fly in different directions at Farnborough

Airbus and Boeing presented differing outlooks for their commercial aircraft in coming years, as the aviation sector gathered near London for this week's Farnborough airshow.

NATO to overhaul European fuel pipeline network

NATO countries have agreed a 27-billion-euro overhaul of their fuel network to supply forces in Europe in coming decades, in a move Romania hailed on Thursday as "essential" for security.

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Charity warns about Mediterranean migrant 'emergency'

German charity Sea-Eye on Tuesday said it had come to the rescue of migrant boats five times in 24 hours, which showed "the state of emergency" in the Mediterranean.

European stocks drop before Powell's Fed testimony

Europe's main stock markets slipped Tuesday as investors tracked new political landscapes in France and Britain and looked ahead to testimony from Federal Reserve chief Jerome Powell.

Moody's cuts Kenya debt rating further into junk

Moody's has downgraded Kenya's debt rating further into junk territory and warned the outlook was negative after a wave of protests led the government to abandon proposed tax hikes.

Samsung says 'no disruption' to production despite strike

South Korean tech giant Samsung said Tuesday that production was not being disrupted despite a three-day general strike by thousands of workers.

Asian markets rise ahead of Fed chief's Congress testimony

Asian markets rose Tuesday following gains in US stocks and ahead of Fed chief Jerome Powell's testimony to Congress which will be closely watched for any hints on the timing of rate cuts.

New Sahel bloc leaves West Africa more divided than ever

The creation of a Sahel confederation on Saturday plunged West Africa into an unprecedented crisis that could threaten the free movement of people and goods in the region.

737 MAX: Key dates in US criminal case against Boeing

Here are key dates in the US Department of Justice's ongoing criminal case against Boeing over its 737 MAX airplane, following deadly crashes in 2018 and 2019.

European stocks drop after French election

European stocks fell on Monday as investors digested a left-wing alliance win in French snap polls in which no single group won a majority.

Le Pen and Orban far-right groups unite in EU parliament

Marine Le Pen's party on Monday teamed up with the camp of Hungarian Prime Minister Viktor Orban to launch a new far-right camp in the EU parliament, a day after being dealt a surprise defeat in French elections.

European stocks, euro bounce back after French election

Europe's main equity markets and the euro rebounded from initial losses on Monday as investors digested snap French elections in which a hung parliament appeared the likeliest outcome.

China's BYD to open electric car plant in Turkey

China's electric vehicle giant BYD will open a factory in Turkey, a government source told AFP on Monday, as the company continues its international expansion.

Tourist numbers in Portugal hit record in 2023

Foreign tourists flocked to Portugal in record numbers in 2023 with 26.5 million visitors -- a 19.2 percent jump compared to the year before, the country's National Statistics Institute said Monday.

Carlsberg quaffs British soft drinks maker Britvic for £3.3 bn

Danish brewer Carlsberg on Monday said that it had reached a deal to buy British soft drinks manufacturer Britvic for £3.3 billion ($4.2 billion).

Euro slips, eurozone markets edge up after snap French election

The euro slipped on Monday but eurozone stock markets edged up after early losses following snap French elections in which a hung parliament appeared the likeliest outcome.

Euro slips in Asian trade after snap French poll

The euro slipped in Asian trade on Monday after snap French elections in which a hung parliament appeared the likeliest outcome, as markets in the region searched for direction after Wall Street closed the previous week on a strong note.

Samsung workers begin three-day general strike over pay

Workers at South Korean tech giant Samsung began a three-day general strike over pay and benefits on Monday, the head of a union representing tens of thousands of employees told AFP, warning the action could impact memory chip production.

South Korea Samsung workers start strike: union chief

Workers at South Korean tech giant Samsung began a three day general strike Monday, the head of a union representing tens of thousands of employees told AFP, after talks with management broke down.

'Despicable Me 4' tops N.American box office on opening weekend

Animated comedy "Despicable Me 4" rose to the top of the North American box office on its first weekend in theaters, according to figures from industry watcher Exhibitor Relations published Sunday.

Tourists are latest conquest of Viking fortress in Denmark

A millennium-old Danish Viking fortress is wowing tourists by offering visitors a broader view of Scandinavia's famed marauders.

Cybercrime groups restructuring after major takedowns: experts

Cybercrime gangs are looking to rebuild with new tactics after global police operations this year made a huge dent in their activities, experts have told AFP.

New Dutch PM under fire over ministers' 'racist' remarks

Newly-minted Prime Minister Dick Schoof faced a baptism of fire at the opening of the Dutch parliament over remarks by two cabinet ministers about a conspiracy theory with neo-Nazi roots.

Pound climbs after Labour's UK election win

The pound advanced Friday after Britain's centre-left Labour Party clinched an expected landslide election victory to end 14 years of right-wing Conservative rule.

Rachel Reeves: Britain's first woman finance chief

Rachel Reeves, Britain's first woman finance minister, is a former child chess champion and Bank of England economist who has pledged to grow the nation's economy while showing strong fiscal discipline.

Is AI a major drain on the world's energy supply?

When Google announced this week that its climate emissions had risen by 48 percent since 2019, it pointed the finger at artificial intelligence.

Tension as France's snap election campaign comes to a climax

Tensions were running high Friday as France's election campaign came to an end ahead of a one-day pause and then a historic run-off vote that could paralyse government or see the far right sweep to power.

Flights slowly resume at Sicily's Catania airport as volcano erupts

Sicily's Catania airport began gradually reopening for flights Friday after they were temporarily suspended following an eruption from Mount Etna, Europe's largest active volcano.

US jobs market sees gradual cooldown in June

US job gains eased slightly in June while unemployment edged up, government data showed Friday, in a sign that the world's biggest economy is cooling steadily.

US hiring cools in June, unemployment up slightly: govt

US job gains eased slightly in June while unemployment edged up, government data showed Friday, in the latest sign that the world's biggest economy is cooling as policymakers hope.

UK stocks, pound climb after Labour election win

The London stock market advanced Friday after Britain's centre-left Labour Party clinched an expected landslide election victory to end 14 years of right-wing Conservative rule.

Flights suspended in Sicily's Catania as volcano erupts

Catania airport on the Italian island of Sicily was closed on Friday after Mount Etna, the largest active volcano in Europe, erupted and spewed ash into the sky, disrupting air travel.

Reformist faces ultraconservative as Iran votes for president

Iranians voted on Friday in a presidential runoff election where the choice is between a reformist advocating improved ties with the West and an ultraconservative former nuclear negotiator.

Asian markets down as traders await US jobs report

Asian markets were largely down on Friday, a day after Tokyo's indexes hit record highs, with traders preparing for a key US jobs report.

Berliner Tageblatt - Economy (English)