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Featured

Wall Street grills Bank of America over money laundering fine

Shares of Bank of America tumbled Wednesday as the lender faced pointed questions from Wall Street analysts over a $1.2 billion regulatory settlement that led to a big earnings miss.

Ukraine war reaches shores of Bulgarian fishing village

After a series of drone attacks on ships off the coast, the conflict in Ukraine has taken on a new immediacy for residents of Krapets, a tiny Bulgarian Black Sea fishing village.

Last news

Meta CEO Zuckerberg says US pressure on Covid-19 posts was 'wrong'

Meta CEO Mark Zuckerberg believes US government pressure on his social media platforms to take down certain Covid-19 content in 2021 was "wrong," and said he would resist similar attempts in the future, according to a letter submitted to a US congressional committee.

Colombia flights back to normal after fuel stock worries

Airlines on Monday scrapped flights from Colombia, blaming dwindling fuel stocks, then reinstated most of them as industry officials and the government disagreed on the cause of the interruption.

Dozens of Colombian flights cancelled due to low fuel stocks

Airlines on Monday scrapped dozens of flights from Colombia, blaming dwindling fuel stocks -- the cause of which industry officials and the government disagree about.

Canada slaps 100% tariffs on Chinese electric vehicles

Canadian Prime Minister Justin Trudeau announced Monday 100 percent tariffs on Chinese electric car imports, matching US measures seeking to fend off a flood of Chinese state-subsidized cars into North America.

Stock markets split after boost from Fed rate-cut talk

European and Asian stock markets were mixed on Monday after Federal Reserve chief Jerome Powell gave investors a boost last week by signalling that a US interest rate cut was on the way.

Durov has 'nothing to hide', says Telegram after France arrest

France held the Russian-born founder of Telegram Pavel Durov in custody for a second day of questioning on Monday over alleged offences related to the popular but controversial messaging app, which insisted he had "nothing to hide".

Dutch hit Uber with huge fine over driver data

The Dutch data protection watchdog said Monday it hit ride-hailing app Uber with a 290-million-euro ($324 million) fine over the transfer of personal data of European drivers to US servers.

Australia gives millions of workers 'right to disconnect'

Australia gave millions of workers the legal right to "disconnect" on Monday, allowing them to ignore unreasonable out-of-hours calls, emails and texts from their bosses.

Babe Ruth baseball jersey shatters sports memorabilia auction record

A jersey belonging to US baseball legend Babe Ruth shattered the record for the most expensive piece of sports memorabilia ever auctioned on Sunday, fetching $24.1 million.

Asian markets boosted by Fed chief's rate cut talk

Most Asian equities rose with the yen on Monday after US Federal Reserve boss Jerome Powell said "the time has come" to start cutting interest rates, lining up the central bank for a move as soon as next month.

Telegram chief Durov in French custody after airport arrest

The Russian-born founder and chief of Telegram Pavel Durov was in French police custody Sunday, awaiting a court hearing after his arrest at a Paris airport over alleged offences related to the popular but controversial messaging app.

'Deadpool' still has a pulse, again leading N.American box office

Disney/Marvel superhero comedy "Deadpool & Wolverine" clawed its way back to the top of the North American box office this weekend, taking in an estimated $18.3 million, industry watcher Exhibitor Relations reported Sunday.

Telegram chief Pavel Durov arrested at French airport

Telegram chief executive Pavel Durov is expected to appear in court Sunday after being arrested by French police at an airport near Paris for alleged offences related to his popular messaging app, sources told AFP.

Intruders try to board Trinidad and Tobago mystery tanker

Coast guard officers in Trinidad and Tobago have fired on intruders who attempted to board the wreck of a mysterious oil tanker that capsized off the Caribbean country months ago, its energy ministry said Saturday.

Flawed Boeing mission to return to Earth with rival SpaceX

Two US astronauts who arrived at the International Space Station aboard Boeing's Starliner will have to return home with rival SpaceX, NASA said Saturday, in a fresh public relations blow to the crisis-hit aviation giant.

Boeing's rescue by rival SpaceX 'embarrassing' and ill-timed

SpaceX is coming to Boeing's rescue.

Flawed Boeing mission to return to Earth with SpaceX: NASA

Two US astronauts who arrived at the International Space Station aboard Boeing's Starliner will have to return home with rival SpaceX, NASA said Saturday.

Torch begins its journey at English home of Paralympic Games

Four days before the Paris Paralympic Games begin, the Paralympic flame was on Saturday lit next to the English hospital where the idea for the competition was born.

'Bees starving' in disastrous year for French honey

Beekeepers across France say it has been a disastrous year for honey, with bees starving to death and production plummeting by up to 80 percent.

Experts meet as final global plastic treaty talks near

With months until crunch talks on the world's first binding treaty on plastic pollution, experts are meeting in Bangkok to discuss financing options and problematic plastics.

Economists push back on Harris price gouging plan

Kamala Harris's price gouging policy has been criticized by economists and analysts, who say it is an uncompetitive proposal that could end up hurting, and not helping, US consumers.

Chinese cars make inroads in Latin America

Chilean truck driver Claudio Perez was dubious about his first purchase of a Chinese-made family car two years ago. But the price and quick delivery time convinced him, and now he is a convert.

Stocks climb as Powell says rate cut coming

Stock markets jumped on Friday after US Federal Reserve chief Jerome Powell made clear that the central bank was ready to cut interest rates as inflation is cooling.

US Fed chair says 'the time has come' to start cutting rates

Federal Reserve chair Jerome Powell said Friday that the "time has come" for the United States to start cutting interest rates, adding that his "confidence has grown" that the battle against inflation is on track.

UK tycoon's daughter is seventh, final victim of Sicily yacht sinking

Divers searching a sunken superyacht off Sicily recovered the body of the teenage daughter of UK tech tycoon Mike Lynch Friday, the seventh and final victim of a tragedy in which the businessman also perished.

EU approves Moderna's RSV vaccine for over 60s

The European Commission on Friday approved Moderna's respiratory syncytial virus (RSV) vaccine for older adults -- the first time the bloc has authorised an mRNA shot against a disease other than Covid-19.

Stocks mostly rise as Powell speech looms

Asian and European stock markets mostly rose Friday hours before a much-anticipated speech by US Federal Reserve boss Jerome Powell that could shed more light on expected interest-rate cuts.

Nestle shares fall after CEO's surprise departure

Nestle shares fell Friday after the surprise departure of chief executive Mark Schneider, which followed slowing sales growth and bad headlines at the Swiss food group.

Stocks mostly rise ahead of Powell, yen after BoJ rate hint

Asian and European equities rose ahead of a much-anticipated speech by Federal Reserve boss Jerome Powell later Friday, as the dollar weakened amid speculation about how big an expected interest rate cut next month could be.

Alibaba to upgrade Hong Kong listing amid profit drop

Chinese e-commerce giant Alibaba said Friday it would upgrade its Hong Kong-listed shares to primary status, opening it up to China's huge army of investors that could potentially rake in billions of dollars for the firm.

Asian stocks slip with Wall St ahead of Powell, yen rises

Asian investors jockeyed for position ahead of a much-anticipated speech by Federal Reserve boss Jerome Powell later Friday, as the dollar weakened amid speculation about how big an expected interest rate cut next month could be.

US Fed chair expected to signal support for rate cuts

US Federal Reserve chair Jerome Powell is widely expected to use a keynote speech at a major central banking conference on Friday to signal support for cutting interest rates ahead of next month's rate decision.

Berliner Tageblatt - Economy (English)