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Featured

US Fed begins meeting with markets expecting steady interest rates

The US Federal Reserve's key rate-setting committee opened a two-day meeting on Tuesday, with policymakers expected to hold rates steady amid growing concern over Iran war-fuelled inflation.

Synsira Launches Kind Local Pro with 100% On-Device AI

Operating entirely offline, Kind Local Pro gives individuals local data sovereignty without sacrificing AI performance

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Russian hackers suspected of Sweden cyber attack

Online services at some Swedish government agencies and shops have been disrupted in a ransomware attack believed to have been carried out by a Russian hacker group, IT consultancy Tietoevry said.

Japan give goalkeeper 'full support' after racist abuse

Zion Suzuki has "the full support" of Japan's squad at the Asian Cup after the goalkeeper was racially abused online, their coach said on Tuesday.

Ericsson sees 'further' market decline after 2023 loss

Swedish telecoms equipment giant Ericsson warned Tuesday that it expected further market decline outside China this year after booking a sizeable loss in 2023 due to a write-down and restructuring costs.

Kosovo tries to tackle domestic violence - but women keep dying

After more than a decade in an abusive marriage, Linda fled to a refuge in a suburb of Kosovo's capital Pristina, a safe space for survivors in a nation long ravaged by domestic violence.

Combat flares in southern Gaza as new hostage deal sought

Combat raged in Khan Yunis in the southern Gaza Strip on Tuesday, against a backdrop of negotiations aimed at bringing about a pause in fighting between Israel and Hamas in the absence of a long-term peace plan.

Bank of Japan maintains ultra-loose policies

The Bank of Japan maintained its signature monetary easing measures on Tuesday, as speculation grows of a shift away from its ultra-loose stance.

Hong Kong leads Asian market rally on China support hopes

Hong Kong led a rally across Asian markets Tuesday as traders were cheered by reports that Chinese authorities were considering a blockbuster boost to equities after a painful start to the year.

Perec's Olympic goal driven by changing perception of French West Indians

France's three-time Olympic champion Marie-Jose Perec says her motivation to succeed on the track was so she could speak up for other French West Indians -- but she needed to win "otherwise what you say goes unheard".

Paris' grittiest suburb awaits Olympics dividend

From the windows of "Les Bons Vivants" cafe, a short walk from the athletes' village for the Paris Olympics, the changes underway in the once run-down neighbourhood are instantly visible.

EU under pressure to defuse farmers' anger

EU agriculture ministers will discuss on Tuesday how to resolve European farmers' growing discontent as Brussels scrambles to address the issue ahead of elections this year.

Norwegian factory gears up to supply ammunition to Ukraine

Around the clock, glowing slabs of steel move from one machine to the next in a Norwegian factory producing artillery shells desperately needed by Ukraine.

Wall Street smashes records ahead of heavy corporate earnings

Stocks moved higher Monday in the United States and Europe, with both the Dow and the S&P 500 hitting new record highs on growing optimism for the American economy.

Will sanctions easing reboot Venezuela's oil industry?

On paper, the easing of US oil sanctions against Venezuela should allow its battered economy to once again profit from a resource it has more of than any country in the world.

FAA recommends inspections for more Boeing models

The US Federal Aviation Administration has recommended that airlines inspect door plugs on Boeing 737-900ER jets after a blowout on another type of aircraft with a similar mid-cabin exit earlier this month.

Israel pressed on two-state solution, pounds south Gaza

Palestinians sheltered from intense fighting in southern Gaza where communications were cut again on Monday, as pressure mounted on Israel for a solution involving long-sought Palestinian statehood.

Wall Street smashes records as tech earnings boost confidence

Stocks moved higher in the US and Europe on Monday, with both the Dow and the S&P 500 building on record gains seen ahead of the weekend on growing optimism for the American economy.

'It makes me sad': Gloomy times for Argentine vacationers

They are few, tight-fisted and downcast. This year's trickle of Argentine vacationers to a popular Atlantic beach resort is a dreary reflection of the country's economic woes.

Stocks advance as optimism for US economic outlook grows

Stocks rose in Europe and on Wall Street on Monday, lifted by expectations the US economy will shake off geopolitical concerns to continue expanding this year even if the Federal Reserve holds off on cutting rates while waiting to see inflation come down.

Biden, Harris put abortion rights on election frontline

US President Joe Biden and Vice President Kamala Harris will push the fight for abortion rights in a series of events this week, highlighting what Democrats believe is political kryptonite for Donald Trump in November's election.

South African miners see gold in hills of waste

In Johannesburg, illegal miners and mining companies are in a race to tap golden riches hidden in hundreds of heaps of mine waste, many taller than a 20-storey building.

Nigeria's polluted economic hub Lagos bans styrofoam, plastics

Nigeria's Lagos State, which includes the country's sprawling economic capital of more than 20 million people, has announced a ban on styrofoam and single-use plastics to curb pollution.

German train drivers to stage longest-ever strike

German train drivers will stage their longest-ever walkout with a six-day strike this week, their union said Monday, escalating a dispute with rail operator Deutsche Bahn over pay and working hours.

Europe stocks advance on record-busting Wall Street

Europe's top stock markets rose Monday as investors eyed a record tech-driven rally on Wall Street before the weekend and set aside a mixed Asian performance.

Sony 'terminates' Indian merger with Zee

Sony "terminated" on Monday the $10-billion merger of its Indian operations with local rival Zee Entertainment that would have created a new streaming giant in the world's most populous nation.

Markets mixed after Wall St record as China worries weigh

Stock markets were mixed Monday following a record finish on Wall Street, while hopes for an early US interest rate cut were dealt a fresh blow by Federal Reserve officials looking to rein in investor expectations.

ECB to signal no rush to cut interest rates

European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they are in no hurry to start slashing borrowing costs despite progress against inflation.

Wanted crypto boss Do Kwon's Terraform files for US bankruptcy

South Korean entrepreneur Do Kwon's Terraform Labs, whose cryptocurrencies crashed dramatically in 2022, is seeking bankruptcy protection in the United States, according to court documents filed Sunday.

Most Asian markets rise after Wall St record

Most Asian markets rose Monday following a record finish on Wall Street, but hopes for an early US interest rate cut were dealt a fresh blow by Federal Reserve officials looking to rein in investor expectations.

'If you're silent on racism, you're complicit', says Maignan

AC Milan's French goalkeeper Mike Maignan on Sunday said clubs, fans and legal authorities who ignore racism in football will be seen to be "complicit" in its scourge.

'Stand up to racism' says AC Milan keeper Maignan

AC Milan's French goalkeeper Mike Maignan on Sunday called for clubs, fans and the legal system to stand up to racism in football after he was the target of abuse in an Italian Serie A match.

Death toll soars as fighting rages across Gaza, Israel raids West Bank

Fighting raged across Gaza and Israeli units raided the West Bank on Sunday after Prime Minister Benjamin Netanyahu, who has faced growing domestic criticism, rejected calls for post-war "Palestinian sovereignty".

EU ports urged to team up to fight 'very creative' drug smugglers

Drug smugglers in the EU have become so "very creative" that the bloc's seaports should join forces to combat their ever-changing tactics, Belgian Interior Minister Annelies Verlinden told AFP.

Berliner Tageblatt - Economy (English)