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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

Yellen heads to China as US seeks to stabilize ties

US Treasury Secretary Janet Yellen is due to arrive in Beijing on Thursday, kicking off a high-level visit aimed at improving communication and stabilizing the tense relationship between the world's top two economies.

Twitter rivals pile up with Meta's Threads launch

Since Elon Musk took over Twitter eight months ago, users irked by the platform's new regime have vowed to move their online presence elsewhere, though the habit has proved hard to break.

Some Fed officials backed rate hike in June, minutes show

Some members of the US Federal Reserve's rate-setting committee supported another interest rate hike in June to tackle high inflation, but ultimately voted for a pause, the Fed announced Wednesday.

Automakers report higher Q2 car sales in US

Leading automakers reported a jump in quarterly US car sales Wednesday, reflecting increased vehicle inventory levels and the support of a strong US labor market.

Stocks drop as Chinese, eurozone data disappoint

Stock markets retreated Wednesday on disappointing eurozone and Chinese economic data and rising tensions between Beijing and Washington.

'It's time': haute couture embraces men

Long the preserve of women, haute couture has in recent years opened up to men who dare to ditch the black tuxedo for something with a few more feathers, sequins and embroidery.

Stock markets drop as Chinese, eurozone data disappoint

Stock markets retreated Wednesday on disappointing eurozone and Chinese economic data and rising tensions between Beijing and Washington.

Stock markets drop as Chinese data disappoints

Stock markets retreated Wednesday on poorly-received Chinese data, as investors looked ahead to the reopening of Wall Street after the Independence Day holiday.

'Strongest' Dutch summer storm kills one, scrambles flights

The Netherlands was battered by the strongest summer storm on record on Wednesday, killing one person and throwing international air and rail travel into chaos.

Blondie drummer says music in UK schools helps autistic children

Blondie drummer Clem Burke on Wednesday said adding drumming to the UK school curriculum could be a "game changer" for autistic children after a study found as little as 90 minutes a week offered benefits.

S. Korea says respects IAEA approval of Fukushima water release

South Korea said Wednesday it respects the UN atomic agency's endorsement of Japan's plan to release treated water from the Fukushima nuclear plant, despite growing domestic opposition and protests.

Markets drop as China data indicates further weakness

Equity markets sank Wednesday as another round of data showed China's economy continued to struggle in June, with little hope that its leaders can unveil the blockbuster stimulus needed to kickstart growth.

Austria's new answer to long-term unemployment

After spending years at home bringing up her two children, electrical systems technician Sarah Sklenicka found it a "big challenge" to get back into the job market.

Asian markets drop as China data indicates further weakness

Asian markets sank Wednesday as another round of data showed China's economy continued to struggle in June, with little hope that the country's leaders can unveil the blockbuster stimulus needed to kickstart growth.

Ex-Audi boss appeals 'dieselgate' conviction

Audi's former chief executive is appealing against his conviction over the "dieselgate" emissions cheating scandal that rocked the car industry, a German court said Tuesday.

Stocks struggle in subdued deals amid US holiday

Asian and European equities faltered Tuesday in muted trade, with Wall Street shut for the US Independence Day holiday.

Twitter chaos leaves door open for Meta's rival app

Elon Musk spent the weekend further alienating Twitter users with more drastic changes to the social media giant, and he is facing a new challenge as tech nemesis Mark Zuckerberg prepares to launch a rival app this week.

Most Asian markets up as traders weigh outlook on rates, economy

Asian markets mostly rose on Tuesday as investors weighed signs of a slowing US economy against hopes the Federal Reserve's interest rate hiking cycle could be nearing its end.

Asian markets fluctuate as rate-hope rally fades

Asian markets struggled for direction on Tuesday as investors weighed signs of a slowing US economy against hopes the Federal Reserve's interest rate hiking cycle could be nearing its end.

Medical, but hold the marijuana: new CBD source found in Brazil

In a laboratory tucked away on a sprawling university campus in Rio de Janeiro, Brazilian molecular biologist Rodrigo Moura Neto is running tests on a seemingly ordinary plant with a potent secret.

Legal battle looms over London's expanding vehicle pollution fee

A UK court on Tuesday will consider contentious plans to extend a scheme obliging the most polluting vehicles to pay for using London's roads, as opponents engage in protests -- and even sabotage.

Charles de Vilmorin: young designer turning couture unisex

At just 26, French designer Charles de Vilmorin is setting the tone for fashion's most elite segment, the haute couture week in Paris, with his gender-fluid aesthetic.

Oil prices fall despite output cuts, equities wobble

Oil prices reversed into the red Monday on global growth concerns, despite fresh output cuts by key producers Saudi Arabia and Russia aimed at propping up prices.

Oil prices momentarily lifted from output cuts, equities wobble

Oil prices rose on Monday after key producers Saudi Arabia and Russia further cut crude output in a bid to protect their precious revenues, but quickly gave up their gains.

Mercosur calls for 'update' to draft EU trade agreement

South American trade block Mercosur opened a two-day summit on Monday with host Argentina calling for an "update" to a long-paused trade deal with the European Union which it said was the product of an "asymmetrical" relationship.

Paris couture week brushes off riots with art and opulence

Greek goddesses at Christian Dior, mermaids at Iris Van Herpen and fine art inspiration at Schiaparelli -- the fashion world brushed aside concerns about riots in France as haute couture week launched on Monday.

Oil prices get small lift from output cuts; equities wobble

Oil prices rose on Monday after key producers Saudi Arabia and Russia further cut crude output in a bid to protect their precious revenues, but quickly gave up most of their gains.

Troubled retailer Tesco picks Burberry boss as chair

Britain's biggest retailer Tesco on Monday named Burberry boss Gerry Murphy as chairman, replacing John Allan who stepped down after misconduct claims which he denies.

Oil prices advance on output cutbacks; equities rise

Oil prices rose Monday after key producers Saudi Arabia and Russia further cut crude output in a bid to protect their precious revenues.

Markets follow Wall St higher as US inflation eases

Data showing inflation easing further boosted eqiuty markets Monday, fuelled by hopes central banks could be nearing the end of their interest rate hiking cycle.

Asian markets follow Wall St higher as US inflation eases

Data showing inflation easing further boosted Asian markets Monday, fuelled by hopes central banks could be nearing the end of their interest rate hiking cycle.

Mercosur summit opens as EU trade deal hangs in the balance

The South American trade bloc Mercosur opens a two-day summit Monday with a deal with the European Union on the agenda, but few expect leaders to reach consensus on how to fulfill EU demands on environmental protections.

Berliner Tageblatt - Economy (English)