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Featured

'Two bad options': Rights groups decry IMF austerity demand

Coconut farmer Sombat Chuekrod travelled more than 200 kilometres to join hundreds on the streets of Bangkok on Friday demanding that the International Monetary Fund and World Bank change how they deal with the developing world.

Macron calls for calm amid fears of violence at France protests

President Emmanuel Macron called for calm on the eve of nationwide cost-of-living protests Saturday that authorities fear could lead to a violent escalation of weeks of student demonstrations.

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Chile steel plant reopens as tariffs imposed on Chinese imports

Chile's biggest steel plant has resumed activities after the government imposed a temporary tariff on Chinese imports.

Turkey's Erdogan in Iraq to talk security, water and oil

Turkish President Recep Tayyip Erdogan was in neighbouring Iraq on Monday for his first state visit there in years, with water, oil and regional security issues topping their agenda.

Opening statements due at Trump's trial

The criminal trial of Donald Trump moves to opening statements Monday, kickstarting weeks of salacious evidence centered on a porn star and alleged fraud that will run in parallel with his attempt to retake the White House.

New EU spending rules bring back debt discipline focus

With an energy crisis and record high inflation in the EU's rearview mirror, Brussels believes the time has come for the bloc to focus on ensuring sound public finances.

Denmark launches its biggest offshore wind farm tender

The Danish Energy Agency on Monday launched its biggest tender for the construction of offshore wind farms, aimed at producing six gigawatts by 2030 -- more than double Denmark's current capacity.

Malaysia to build massive chip design park: PM

Malaysia's leader on Monday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation's role in the global chip industry.

Markets bounce as MidEast fears ease, US inflation in view

Asian markets rose Monday, clawing back some of last week's losses, as Middle East worries subsided while traders look ahead to the release of key US inflation data and corporate earnings.

In Basque vote, a major breakthrough for left-wing separatist Bildu

The leftwing separatist coalition EH Bildu, widely viewed as the political heir of the defunct armed group ETA, made a major breakthrough in Sunday's Basque regional elections although falling short of the win predicted by pollsters.

'Civil War' stays on top at N.American box office

"Civil War," the disturbing story of a divided and dystopian America sometime in the near future, narrowly held on to the top spot in North American theaters this weekend, earning an estimated $11.1 million, industry watcher Exhibitor Relations reported Sunday.

Israel pounds Gaza as West Bank violence surges

Israel carried out deadly strikes in Gaza, first responders in the war-battered Palestinian territory said on Sunday, as violence flared in the occupied West Bank.

InstaDeep CEO takes AI from Tunis to London

Karim Beguir launched the artificial intelligence start-up InstaDeep in Tunisia in 2014 with just two computers and $2,000.

Splashy Saudi mega-project NEOM chases Chinese funds

Bigwigs behind a Saudi megacity dogged by questions about its viability have wrapped up a tour courting Chinese investors, detailing plans for a futuristic ski resort and 170-kilometre-long skyscrapers.

Bill to ban TikTok in US moves ahead in Congress

The US House of Representatives approved a bill Saturday that would force the wildly popular social media app TikTok to divest from its Chinese parent company ByteDance or be shut out of the American market.

Mass protests in Canary Islands decry overtourism

Tens of thousands of demonstrators hit the streets across Spain's Canary Islands on Saturday to demand changes to the model of mass tourism they say is overwhelming the Atlantic archipelago.

AI's relentless rise gives journalists tough choices

The rise of artificial intelligence has forced an increasing number of journalists to grapple with the ethical and editorial challenges posed by the rapidly expanding technology.

In historic election, Volkswagen workers in Tennessee vote to unionize

Volkswagen workers in Tennessee voted decisively to become a union shop, according to election results released Friday, marking the first victory for organized labor at a foreign-owned auto plant in the American South.

Hong Kong regulator to investigate PwC auditing of Evergrande

Hong Kong's accounting regulator said it would start an investigation into PwC's role in auditing Chinese real estate giant Evergrande, citing the publication of a "whistle-blower report".

'Halving' arrives for bitcoin miners

The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step designed to limit production and boost the digital money.

'No to mining': activists demand closure of Guatemala gold mine

Waving banners and shouting "no to mining," environmental activists gathered in small boats on a lake between El Salvador and Guatemala on Friday calling for the closure of a Canadian-owned gold mine.

X owner Musk says opposed to US ban of competitor TikTok

Elon Musk on Friday came out against banning TikTok in the United States, even if it would mean less competition for his social media platform X, formerly Twitter, as the initiative sees fresh bipartisan momentum in Congress.

IMF calls on EU to deepen single market integration to boost growth

Deeper integration of the European Union's internal market could prove crucial for boosting lackluster economic growth and productivity levels in the 27-member trading bloc, a senior IMF official told AFP Friday.

P&G profits rise despite hit from Middle East tensions

Procter & Gamble reported higher profits Friday, citing strong demand in the United States and many European markets that offset weakness elsewhere due to Middle East tensions and a lackluster performance in China.

Oil, gas drilling blocked in Alaska wilds as Biden seeks green cred

The United States on Friday blocked oil, gas and mining operations across tracts of unspoiled wilderness in Alaska, winning praise from environmentalists for safeguarding habitat for polar bears, caribou and other Arctic species.

Taylor Swift, tortured poet, exorcises demons with new double album

Taylor Swift's hotly anticipated "The Tortured Poets Department" is here along with a surprise second album -- 31 tracks released Friday in which the megawatt star purges her inner turmoil while scorching former lovers.

China auto sector steps up Europe push with Spain plant

Chinese carmaker Chery signed a deal Friday to produce mainly electric vehicles in Spain, as Beijing's auto sector pushes ahead with plans to expand into Europe despite growing competition concerns.

Tesla to recall Cybertruck over acceleration defect

Tesla is recalling 3,878 Cybertruck vehicles because of a defect that can cause unintentional vehicle acceleration, increasing crash risk, according to a US notice posted this week.

Quarter of UK 5 to 7-year-olds have smart phone: study

Around a quarter of British children aged between five and seven-years-old now have a smart phone, a study by the UK communications regulator said on Friday.

Oil jumps, equities fall as Iran blasts fan MidEast fears

Oil prices rallied and equities fell Friday as reports said explosions had been heard in Iran and Syria, fuelling fears of an escalation of the Middle East crisis after last weekend's missile attack on Israel by Tehran.

Taiwan's TSMC founder Morris Chang receives medal of honour

Taiwanese tycoon Morris Chang received one of the island's highest medals of honour on Friday, in recognition of his achievements as the founder of semiconductor giant TSMC.

Apple drops WhatsApp, Threads from China app store on official order: report

Apple has removed the Meta-owned WhatsApp and Threads from its App Store in China following an order from the country's top internet regulator, Bloomberg reported Friday citing the tech giant.

Taylor Swift's 'The Tortured Poets Department' drops

Taylor Swift released her highly anticipated record "The Tortured Poets Department" on Friday -- the 11th studio album from the megastar who is already having a blockbuster year.

Oil surges, equities sink as Iran blasts fan MidEast escalation fears

Oil prices rallied and equities sank Friday as reports said explosions had been heard in Iran and Syria, fuelling fears of an escalation of the Middle East crisis after last weekend's missile attack on Israel by Tehran.

Berliner Tageblatt - Economy (English)