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Featured

Drone hits data centre of Russia's largest bank

A drone hit a data centre belonging to the Russian state-owned lender Sberbank, a company executive said Wednesday, though the bank's systems and services were operating normally.

Bivial AG Brings Its Complete Dashboard to Mobile

The Bivial App now offers full dashboard capabilities, giving business clients access to their accounts, payments, FX, and cards on iOS and Android.

Last news

Asian, European markets drop as traders temper rate cut bets

Stocks fell Tuesday, extending the sell-off seen on Wall Street, with analysts warning November's rally fuelled by bets on interest rate cuts may have gone too far, forcing traders to take a step back.

Moody's downgrades outlook on China credit rating over debt fears

Ratings agency Moody's on Tuesday downgraded the outlook on China's credit rating to "negative" from "stable" on the back of rising debt in the world's second-largest economy, with Beijing saying it was "disappointed" by the move.

Asian markets drop as traders temper rate cut bets

Hollywood braces for actors' vote on strike deal

Hollywood on Tuesday anxiously waited to learn if actors have approved their union's hard-fought deal with studios, or if an entertainment industry still reeling from months-long strikes could be plunged back into turmoil.

Oscar-nominated Bhutan director turns lens on democracy ahead of vote

The Himalayan kingdom of Bhutan, the last country to introduce television, made waves last year with a film director who walked the red carpet of the Oscars.

Man in a wooden suit: Finnish craftsman turns bark to art

In his rustic cabin in the forests of southern Finland, 87-year-old Erkki Pekkarinen carves delicate strips of birch bark with his knife, before intricately weaving them into beautiful objects.

Grand Theft Auto: built for the long haul

In a video game industry known for cranking out sequels, Rockstar Games has cashed in big by making "Grand Theft Auto" fans painfully wait for their next fix of the shoot 'em up blockbuster.

Crunch time for EU-Mercosur deal at Rio summit

The fate of a long-awaited but controversial Europe-South America trade deal hangs in the balance this week when Brazilian President Luiz Inacio Lula da Silva hosts a summit of the Mercosur regional bloc.

Banque Pictet to pay nearly $123 mn over secret bank accounts

Banque Pictet et Cie will pay nearly $123 million under a deferred prosecution agreement in which the private bank admitted to helping US taxpayers evade $50.6 million in taxes, US officials announced Monday.

UK raises minimum salary for skilled migrant worker visa

Britain's embattled Conservative government unveiled a raft of measures Monday aimed at cracking down on record levels of regular migration, including raising the minimum salary threshold for a skilled worker visa.

'I did not kill Narumi:' Chilean appeals against murder conviction

A Chilean man insisted on Monday he did not kill his Japanese ex-girlfriend Narumi Kurosaki in 2016, at the start of his appeal against his murder conviction in a French court.

'Where is our future': Uganda declares war on used clothing

For nearly three decades, the chaotic, overcrowded Owino secondhand market in Uganda's capital has been the cornerstone of Hadija Nakimuli's life, helping the widowed shopkeeper build a house and raise 12 children.

Bitcoin soars past $40,000 on optimism for US trading approval

Bitcoin on Monday rose past $40,000 for the first time since May last year, boosted by hopes that the United States will soon allow broader trading of the world's biggest cryptocurrency.

China's Evergrande liquidation case adjourned until January: HK court

Heavily indebted Chinese property giant Evergrande has until late January to put together a restructuring plan, a Hong Kong court ruled Monday, extending a deadline that could lead to its liquidation.

What we know about Evergrande's financial future

A Hong Kong court on Monday gave Chinese property giant Evergrande until the end of January to put together a restructuring plan, offering the embattled firm much-needed breathing room as it teeters on the brink of bankruptcy.

Gold jumps to record on rate cut bets but equities struggle

Gold hit a fresh record Monday on growing optimism the Federal Reserve will cut interest rates in the new year, with traders shrugging off boss Jerome Powell's attempts to temper expectations.

Indonesia's coal love affair still aflame despite pledges

Sania sits in front of her home in Indonesia, less than a kilometre from Southeast Asia's biggest coal complex, where chimneys pump dark grey smoke and a chemical smell into the air.

Alaska Airlines to buy Hawaiian Airlines for $1.9 bn

Alaska Airlines announced Sunday that it would buy Hawaiian Airlines for $1.9 billion, consolidating its position as the nation's fifth biggest carrier if it can attain regulatory approval.

Beyonce's new concert film in 'excellent' N.America opening

Beyonce's new concert film "Renaissance" topped the North American box office in its opening weekend with an estimated take of $21 million, industry watcher Exhibitor Relations reported Sunday.

US Commerce chief warns against China 'threat'

US Commerce Secretary Gina Raimondo on Saturday urged lawmakers, Silicon Valley and US allies to stop China from getting semiconductors and cutting-edge technologies key to national security.

Erdogan weighs in on bank scam involving Turkish stars

President Recep Tayyip on Saturday urged Turks to steer clear of pyramid schemes as a scandal raged at a top bank that allegedly defrauded celebrities and football stars of millions of dollars.

Montreal research hub spearheads global AI ethics debate

Rapid developments in artificial intelligence -- and recent turmoil at industry powerhouse OpenAI -- have brought fresh attention to a key hub of ethics research related to the technology in Montreal, led by Canadian "godfather of AI" Yoshua Bengio.

With outburst, Musk puts X's survival in the balance

Elon Musk's verbal assault on advertisers who have shunned X (formerly Twitter) threatens to sink the social network further, with the tycoon warning of the platform's demise, just one year after taking control.

Argentina's Milei: From rabble-rouser to realist?

Libertarian Javier Milei stormed to election victory with wild promises of uprooting Argentina's political establishment and dramatically overhauling its ailing economy.

World Bank chief says donors, recipients to control new climate fund's resources

Donor countries to an ambitious new climate change fund, along with its recipients, will likely control how its financial resources are spent, World Bank President Ajay Banga said Friday.

Tantric yoga sect guru goes before France judge

The leader of a controversial tantric yoga sect went before a French judge on Friday, sources close to the case said, after he and others were arrested in a probe into alleged kidnapping, rape and people trafficking.

Nazi survivor worries about anti-Semitism in her UK haven

Alexandra Greensted was one of around 10,000 Jewish children rescued from the Nazis' clutches and transported to London, but 84 years on, she is now worried about anti-Semitism in her UK haven.

UK unveils £11 bn windfarm investment by UAE, German firms

UK Prime Minister Rishi Sunak announced Friday plans by UAE state-owned renewables firm Masdar and German energy giant RWE to invest up to £11 billion ($14 billion) in a giant offshore windfarm.

Author denies naming UK royals in 'racism' row

The author at the centre of renewed racism claims against Britain's royal family has denied naming members alleged to have asked about the skin colour of Prince Harry's son.

Pfizer to rethink weight loss pill after high side effect rate

US drugmaker Pfizer on Friday said it would end a clinical trial of its developmental weight loss pill after high side effect rates caused most participants to stop using it.

Olympic chief 'very satisfied' with Paris 2024 Village

Olympic chief Thomas Bach said he was "very satisfied" with the state of preparations for the Olympic Village of the Paris 2024 Summer Games after a visit to the new build north of the French capital on Friday.

Designer Matthew Williams leaves Givenchy

Fashion designer Matthew Williams is leaving Givenchy after three years as creative director, the French luxury brand announced Friday, in the latest shake-up at the top of the luxury business.

Berliner Tageblatt - Economy (English)