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Featured

Baltics transform from Soviet stagnation to startup hubs

Stepping into the newly renovated Vilnius airport, visitors are greeted with a slew of billboards advertising products "Made in Lithuania", including cybersecurity giant NordVPN.

AI keeps consumer prices high in 'RAMaggedon' chip crunch

Print-outs of articles about the global memory chip shortage are pinned beside a price list at a Hong Kong computer shop, offering an explanation to confused customers feeling the pinch.

Last news

Tech rally lifts Hong Kong but Asia rally stutters on China data

Hong Kong rose Monday on hopes Beijing has ended its long-running crackdown on the tech sector but an early Asia-wide rally was staunched by inflation data showing further weakness in China's economy.

Japan's macho cheerleaders fight to save a tradition

They are drenched in sweat, their hands bloodied from clapping, and their voices hoarse from shouting -- meet Japan's predominantly male and unashamedly macho "leadership section" cheerleaders.

Tech rally helps Hong Kong lead most Asia markets higher

Hong Kong led gains in most Asian markets Monday on hopes China has ended its long-running crackdown on the tech sector after imposing huge fines on the fintech affiliates of Alibaba and Tencent.

Sweden tries to break Turkish resistance in NATO talks

Sweden's prime minister will meet Turkish President Recep Tayyip Erdogan on Monday in a last-gasp attempt to bridge a diplomatic impasse over his Nordic state's stalled NATO membership drive.

Japan sea sludge tells story of human impact on Earth

Beneath the seawater in Japan's Beppu Bay lie layers of seemingly unremarkable sediment and sludge that tell the story of how humans have fundamentally altered the world around them.

Welcome to the Anthropocene, Earth's new chapter

Since 2009, a cloistered band of hard-rock geologists and other scientists have toiled on a mission of great consequence.

'Insidious' whips past 'Indy 5' to top N.America box office

Sony's horror film "Insidious: The Red Door" scared its way to the top of the North American box office on a slow weekend, taking in an estimated $32.7 million, industry watcher Exhibitor Relations reported Sunday.

Elton John hails fans at emotional final farewell show

"You know how much I like to play live. It's been my lifeblood to play for you guys, and you've been absolutely magnificent," he told the delighted audience at the arena in the Swedish capital.

Angola, DRC eye iconic rail revamp to quench global minerals thirst

Angola and the Democratic Republic of Congo are pinning hopes for economic revival on the revamp of an iconic African railway connecting mineral-rich inland areas to the Atlantic Ocean.

Sons' jailing turns Cuban mothers into activists

Two years ago, Marta Perdomo and Liset Fonseca were two unassuming Cuban women with little interest in politics and no social media footprint.

Paloma Picasso takes over late father's estate

Paloma Ruiz-Picasso, the last of Pablo Picasso's four children, has been appointed administrator of the estate managing rights linked to the artist and his work, replacing her brother Claude, their lawyer has told AFP.

Energy-short South Africa will survive winter: minister

South Africa, which has experienced crippling electricity outages in recent months, will "survive" this winter season thanks to a huge improvement in generation, a cabinet minister said on Saturday.

Fresh protests against police violence planned in France

Dozens of marches against police violence in France have been announced for Saturday after authorities banned a memorial rally, fearful of reigniting the recent unrest that engulfed the country.

Stocks mixed, dollar lower as US hiring slows

Global stocks moved indecisively and the dollar retreated Friday as markets digested a mixed US employment report that showed moderating jobs growth but solid wage increases.

Senegal leader backs permanent African Union seat at G20

Granting the African Union a permanent seat at the G20 group of wealthy nations would undo an "injustice", Senegalese President Macky Sall said on Friday.

Underwater mining of high seas inches closer, worrying environmentalists

Governments will soon likely be able to apply for deep sea mining contracts in international waters, a plunge into the unknown that is worrying conservationists as calls for a moratorium on such digging grow.

Teamsters hold 'practice pickets' for possible UPS strike

UPS drivers came out in force Friday for a "practice picket" event organized by the Teamsters as the union edges towards a possible strike in light of stalled contract talks.

One dead in Kenya protests over tax hikes

One man was shot dead in Kenya on Friday, a hospital official said, following anti-government protests over a cost-of-living crisis and a raft of controversial tax hikes.

Thyssenkrupp's hydrogen unit surges in stock market debut

Thyssenkrupp's green hydrogen unit Nucera made a strong debut on the Frankfurt stock exchange Friday, amid growing interest in the technology as an alternative to fossil fuels.

Maritime sector seals carbon-cutting deal but sparks criticism

The International Maritime Organization, which oversees the highly polluting shipping industry, clinched a landmark deal on Friday to improve its target to cut carbon emissions -- but green campaigners said it fell far too short to tackle climate change.

Stock markets waver as US hiring cools

Stock markets wavered Friday as investors still bet on the US Federal Reserve hiking interest rates further despite jobs data showing hiring slowed more than expected last month.

US jobs data fails to give equities a boost

Wall Street stocks sputtered Friday as investors still bet on the US Federal Reserve hiking interest rates further despite jobs data showing hiring slowed more than expected last month.

China hits tech firms with hefty fines as crackdown draws to close

Chinese regulators said Friday they had fined fintech giant Ant Group almost $1 billion for "illegal acts" and handed an affiliate of rival Tencent a $415 million penalty, adding that a long-running crackdown on tech firms was drawing to a close.

US economy adds 209,000 new jobs as hiring slows

Hiring in the United States slowed in June, the Labor Department said Friday, with fewer new jobs created than many had expected, a signal that the economy is showing signs of cooling.

Fire in Italy retirement home kills six

A fire at a retirement home in Milan on Friday killed six people, firefighters said, with some 80 other residents hospitalised suffering from smoke inhalation.

China fines Ant Group almost US$1 bn as tech crackdown draws to close

Chinese fintech giant Ant Group has been fined almost $1 billion for "illegal acts", the country's financial regulators said Friday, adding that a longtime crackdown on tech firms was drawing to a close.

AI robots tell UN conference they could run the world

A panel of AI-enabled humanoid robots took the microphone Friday at a United Nations conference with the message: they could eventually run the world better than humans.

Stock markets diverge, dollar drops before US jobs data

Major stock markets diverged and the dollar fell Friday, with all eyes on more US jobs data for clues on the outlook for interest rates.

Watchdog urges Tunisia to stop expelling migrants to desert

Human Rights Watch on Friday urged Tunisia to put an end to what it called the "collective expulsions" of Black African migrants to a desert area near the Libyan border.

Global maritime sector agrees deal on carbon-reduction target

The International Maritime Organization, overseer of the highly-polluting shipping industry, sealed a landmark deal Friday to improve its target to cut carbon emissions but green campaigners said it fell far short.

Global maritime sector improves carbon-reduction target: draft deal

The International Maritime Organization, overseer of the highly-polluting shipping industry, has agreed to improve on its target to cut carbon emissions, according to a draft agreement seen Friday by AFP.

AIIB says internal review found 'no evidence' of China influence

The China-based Asian Infrastructure Investment Bank (AIIB) said Friday there was "no evidence" it was dominated by Beijing's ruling Communist Party, as it released a review into explosive claims made by a former executive.

Berliner Tageblatt - Economy (English)