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Featured

Oil prices surge while US stocks fall as Fed keeps rates unchanged

Wall Street stocks finished sharply lower Wednesday after the Federal Reserve kept interest rates unchanged despite lofty US inflation as escalations in the Middle East war pushed oil prices skyward.

US Fed holds interest rates steady as 'family fight' sees hawks call for hike

The US Federal Reserve held interest rates steady on Wednesday, with Chair Kevin Warsh lauding a "family fight" that saw three policymakers dissent in calling for a rate hike to combat surging inflation.

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Ryanair rewards shareholders after profit soars

Irish no-frills airline Ryanair on Monday announced the start of regular dividends to shareholders after net profit surged 72 percent in its first half on higher fares and record traffic.

'Did you kill a Palestinian?': anti-West boycott sweeps Mideast

In a convenience store in Bahrain, 14-year-old Jana Abdullah carries a tablet as she shops, checking a list of Western brands to avoid as Israel pursues its war against Hamas.

Ohio abortion vote this week may ripple to 2024 US election

As the clock ticks down on a high-stakes vote in the US state of Ohio, activists are out in force urging voters to decide whether to explicitly enshrine the right to abortion in the state constitution.

Telecom Italia approves US fund's bid for network

Telecom Italia on Sunday approved an offer by US investment fund KKR for its fixed-line network, infuriating its main shareholder which vowed to contest the "illegal" decision.

Hamburg airport hostage-taker gives himself up

An armed father who took his four-year-old daughter hostage, forcing the suspension of flights at Hamburg airport, gave himself up "without resistance" on Sunday after hours of negotiations, German police said.

Father takes child hostage, halting flights at Hamburg airport

German police negotiators were Sunday trying to convince a father armed with a weapon and perhaps explosives to free his four-year-old daughter that he was keeping hostage at Hamburg airport, where flights were suspended, authorities said.

UK government defends proposals to restrict homeless tents

Britain's government on Sunday defended proposed legislation that aims to restrict charities from providing homeless people with tents, after facing fierce criticism.

Bleu Royal diamond set to dazzle in Geneva jewels sale

The exceptionally rare Bleu Royal gem is set to become one of the most expensive diamonds ever sold by auctioneers Christie's when it goes under the hammer on Tuesday.

Musk teases AI chatbot 'Grok,' with real-time access to X

Elon Musk on Saturday unveiled details of his new AI tool called "Grok," which can access X in real time and will be initially available to the social media platform's top tier of subscribers.

Russell Brand accused of sexual assault on set of 'Arthur' in 2010

British comedian and actor Russell Brand has been accused by an unnamed actress of sexually assaulting her during the filming of the film "Arthur" in 2010 in New York, according to court documents revealed Friday.

Donald Trump 'fired up' to testify in New York fraud case: son

Donald Trump's son Eric wrapped up his testimony on Friday in the civil fraud case against the family business empire and said his father is "fired up" to take the stand next week.

Relief in crypto world over Bankman-Fried conviction

Cryptocurrency backers on Friday celebrated the fraud conviction of the industry's one-time golden boy Sam Bankman-Fried, hoping the embattled sector can finally turn the page on a multibillion dollar scandal.

Swedish union widens strike for Tesla workers

Sweden's metalworkers union said Friday that it was expanding its strike against Tesla, a week after mechanics walked off the job over the electric carmaker's refusal to sign a collective wage agreement.

US hiring slows more than expected with auto strike drag

Job growth in the United States cooled in October, according to government data released Friday, in part dragged down by an auto workers strike.

Bangladesh protests halt production for top fashion brands: union

Levi's and H&M are among top global clothing brands to suffer production halts in Bangladesh, a garment union leader said Friday, after days of violent protests by workers demanding a near-tripling of their wages.

Nobel-winner Gurnah: UK imperial literature was openly racist

Nobel-winning writer Abdulrazak Gurnah says removing offensive words from the likes of Agatha Christie is "futile", but says Britain did produce openly racist literature during the last century of its empire.

Maersk to slash 3,500 jobs as profits, revenue plunge

Danish shipping giant Maersk said Friday it would slash 3,500 jobs as net profit and revenue plunged in the third quarter due to a sharp fall in freight rates.

Angry Qantas investors block executives' pay plan

Jeering Qantas shareholders voted down a pay package for the company's top brass Friday, as the outgoing chairman apologised for a public "loss of trust" in Australia's much-loved carrier.

Italy's olive growers lament poor harvests from extreme weather

At this time of year, the trees on Alan Risolo's land in central Italy should be groaning with olives. But extreme weather blamed on climate change has ruined his harvest.

'A tragic hero': Malcolm X opera comes to New York's Met

A mesmerizing musical biography of civil rights leader Malcolm X that infuses history with Afrofuturism will open at New York's Metropolitan Opera on Friday.

Desolation in Greece's Dadia park after Europe's biggest fire

Perched atop a metal ladder, Athanassia Pistola helps her husband nail the roof of a temporary pen for their farm animals that survived a gigantic fire that ravaged northeastern Greece in August.

Former crypto tycoon Sam Bankman-Fried found guilty on all counts at fraud trial

Former crypto tycoon Sam Bankman-Fried was found guilty Thursday by a New York jury on all seven counts of fraud, embezzlement and criminal conspiracy.

Apple sales continue to lose ground

Apple on Thursday reported that sales fell for the fourth consecutive quarter when compared to the prior year, but profit rose on the back iPhones and services.

Jury begins deliberations in Bankman-Fried crypto trial

Jurors began deliberations in the trial of Sam Bankman Fried, the one time cryptocurrency golden boy who is accused of massive fraud by stealing customer money as he built his empire.

Lisa Franchetti becomes first woman to lead US Navy

The US Senate on Thursday evening approved Admiral Lisa Franchetti's nomination to lead the Navy, making her the first woman to hold the position and to serve on the Joint Chiefs of Staff.

Players 'abandoned' over rainbow armbands in Qatar: Deschamps

France coach Didier Deschamps told a French National Assembly committee on Thursday that national teams had been "abandoned" over the issue of rainbow armbands at last year's World Cup in Qatar.

US seeks China collaboration, with eye on national security: Yellen

The United States seeks to work with China on global challenges from climate change to debt distress, but will not compromise on areas like national security, Treasury Secretary Janet Yellen said Thursday.

Uber, Lyft to pay $328 mn to drivers after New York state probe

Uber and Lyft will pay $328 million to settle a New York probe alleging that the companies "cheated" drivers, in an accord that also establishes paid sick leave, state officials announced Thursday.

US seeks collaboration with China with eye on national security: Yellen

YouTube takes aim at teens bingeing on body image videos

YouTube on Thursday said it tweaked its recommendation system in the United States to prevent teens from bingeing on videos idealizing certain body types.

New Beatles single 'Now and Then' released

A new Beatles song produced with a little help from artificial intelligence and including the vocals of John Lennon was released on Thursday -- to lukewarm reviews.

Hong Kong gears up for first Gay Games in Asia despite pushback

TheGay Gameswill kick off in Hong Kong on Friday, the first time the international sporting eventis held in Asia, despite some local opposition and fears over political freedoms.

Berliner Tageblatt - Economy (English)