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Featured

Amazon beats expectations with cloud and AI growth

Amazon beat analysts' expectations on Thursday when it reported growth in overall revenue and sales, particularly in its cloud, artificial intelligence and chips divisions.

Blowout Microsoft results lift US stocks as oil retreats

Wall Street stocks rebounded Thursday as blowout Microsoft results and moderating oil prices blunted worries about higher US Treasury yields.

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'Harry Potter' actor Michael Gambon dies aged 82

British-Irish actor Michael Gambon, best known for playing Albus Dumbledore in six of the eight "Harry Potter" films, has died in hospital aged 82, his family announced Thursday.

Oil prices cool after hitting highest levels in almost a year

Oil prices on Thursday reached their highest levels in nearly a year, with Brent North Sea crude advancing towards $100 on tight supplies, an increase that has weighed on stock markets.

Farm scientist behind India's 'green revolution' dies

India on Thursday mourned the death of scientist Monkombu Sambasivan Swaminathan, the architect of the 1960s "green revolution" that brought an end to the chronic food shortages then plaguing the country.

Grief, anger at Iraq mass for victims of wedding fire

Survivors of a fire that ripped through an Iraqi wedding and those mourning the at least 100 people killed filled the pews of a Christian mass Thursday, two days after the disaster.

New film on historical Native American murders reflects universal themes: Scorsese

Martin Scorsese, best known for his action-packed thrillers and gangster epics, now depicts an investigation into the murders of Native Americans in his latest film, "Killers of the Flower Moon", which previewed in New York on Wednesday.

In divided US, women crisscross country for abortion care

A year after the US Supreme Court abolished nationwide access to abortion care, many American women are settling into a new reality: arranging costly trips to terminate their pregnancies in states where the procedure is still allowed.

How a 20-cent fee upended the gaming world

Their language was salty and the message was clear: game developers believed their livelihoods were under threat and they were not going to accept it.

Syrian beekeepers battle both war and climate change

Syrian beekeeper Ibrahim Damiriya struggles to produce honey from his hives on parched land near the capital Damascus after years of war, economic collapse and worsening climate change impacts.

Peace pioneer Bertha von Suttner's message still resonates

The first woman to be awarded the Nobel Peace Prize in 1905, Austrian pacifist Bertha von Suttner's reflections are still cited by peace advocates as the war in Ukraine grinds on.

Oil extends rally on supply woes as dollar holds gains on US rate talk

Oil extended gains Thursday to a fresh one-year high and towards the $100-a-barrel mark on concerns about growing demand and waning supplies, while bets on another US interest rate hike kept the dollar elevated against its peers and equities mixed.

China's Evergrande Group halts trading in Hong Kong

Beleaguered property giant China Evergrande suspended trading of its shares on the Hong Kong stock exchange on Thursday, according to notices posted by the bourse, as the debt-ridden company grapples with severe financial difficulties.

Trump's business empire threatened by judge's ruling

A key selling point of Donald Trump's 2016 presidential run was that he was a businessman, not a politician.

Meta putting AI in smart glasses, assistants and more

Meta chief Mark Zuckerberg on Wednesday said the tech giant is putting artificial intelligence into digital assistants and smart glasses as it seeks to gain lost ground in the AI race.

Depardieu art collection sells for 4 million euros

A sale of artworks belonging to French actor Gerard Depardieu brought in some four million euros, Paris auction house Ader said Wednesday.

Talk shows coming back after Hollywood writers' strike ends

Late-night talk shows, a mainstay of the US TV schedule, will be back on the air within a week, hosts said Wednesday, after leaders of the Writers Guild of America called off a paralyzing strike.

Brain implants could restore paralyzed patients' arm movements

A paralyzed Swiss man has become the first person to test a new technology that reads his thoughts using AI and then transmits signals through his own nervous system to his arms, hands and fingers in order to restore movement.

What happens if US government enters a shutdown?

The United States is heading toward a government shutdown this weekend with no foreseeable way out of a deadlock in Congress over hardline Republican calls for deep spending cuts.

US sues eBay for selling products that harm environment

The US Justice Department sued eBay on Wednesday for allegedly selling restricted pesticide products and devices that defeat motor vehicle emission controls.

Stocks struggle to make headway against inflation, rate fears

European stocks closed lower Wednesday and Wall Street slipped back from early gains on expectations that inflation will keep US interest rates high, which also drove investors to seek safety in the dollar.

Inuit versions of Metallica, Pink Floyd tackle Indigenous trauma

They are classics by Pink Floyd, Queen and Metallica like you've never heard them. Translated into her Inuit language, singer Elisapie uses them to convey the hopes and trauma of Canada's Indigenous people.

TotalEnergies to raise fossil fuel production

French oil and gas major TotalEnergies said Wednesday that it would boost fossil fuel production over the next five years, a reversal after years of reducing output.

Nearly half of Karabakh population flees Azerbaijan's control

Armenia said Wednesday that nearly half of Nagorno-Karabakh's population has fled the enclave since Azerbaijan crushed the rebels' decades-long fight for an independent state last week.

France hopes for 'ambitious' growth in budget plan

The French government on Wednesday presented a budget plan based on a buoyant growth prediction that raised eyebrows at France's public finance watchdog.

Indonesia bans goods transactions on social media platforms

Indonesia has banned goods transactions on social media platforms in a new regulation, its trade minister said Wednesday, as Jakarta aims to rein in direct sales on major platforms it says are harming millions of small businesses.

Stock markets diverge as uncertain outlook buoys dollar

World stocks markets were mixed Wednesday as the dollar hit multi-month peaks on expectations of more hikes to US interest rates to combat persistently high inflation.

Poland says open to Ukraine grain proposals ahead of talks

Poland's agriculture minister said on Wednesday that his country remained open to a Ukrainian proposal for a grain import licensing system, adding that the thorny issue would be discussed in the coming weeks.

Markets mostly up but US rate outlook feeds uncertainty

Markets mostly rose Wednesday following hefty recent losses but traders remain consumed by worries over the economy as the Federal Reserve considers hiking interest rates further.

Asian markets mixed but US rate outlook feeds uncertainty

Markets were mixed Wednesday as the hefty selling witnessed in the first few days of the week eased but traders remain consumed by worries over the economy as the Federal Reserve considers hiking interest rates further.

Students see glimmer of hope in post-Bongo Gabon

At Omar Bongo University in Gabon's capital, student Nathan Ovono Obiang is as absorbed by what's going on in his post-coup country as he is in his maths lessons.

'Save our village': Indonesians resist eviction for China-backed project

Sitting on a creaky bridge linking stilt houses, Indonesian fisherman Sadam Husen fears for his people and their traditions, knowing they may be uprooted from their ancestral land to make way for a China-funded megaproject worth billions.

Police hold boss of troubled developer China Evergrande: report

The billionaire boss of beleaguered Chinese property developer China Evergrande is being held by police, a report said Wednesday, as the debt-ridden company grapples with severe financial difficulties.

Boss of Chinese property giant Evergrande being held by police: report

The billionaire boss of beleaguered Chinese property developer Evergrande is being held by police, Bloomberg reported Wednesday, as the debt-ridden company continues to grapple with severe financial troubles.

Berliner Tageblatt - Economy (English)