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Trump's 'energy ceasefire' sparks confusion as Russia strikes Ukraine

US President Donald Trump sowed confusion on Sunday, announcing an "energy ceasefire" between Ukraine and Russia that sparked astonishment in Kyiv, silence from Moscow and support from Ukraine's Western allies.

Lula stages mass rally ahead of Brazil's presidential run-off

Brazilian President Luiz Inacio Lula da Silva led a massive rally Sunday to call for more days off for workers ahead of an election runoff against his right-wing opponent Flavio Bolsonaro.

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Stocks wobble after busy week for central banks

World stock markets mostly rose Friday and currencies gyrated as investors digested diverging interest-rate decisions by central banks on three continents this week.

Stocks climb after busy week for central banks

World stock markets rose Friday and currencies gyrated as investors digested diverging interest-rate decisions by central banks on three continents this week.

French officials squabble over revolutionary manifesto

French officials are fighting for possession of 1793 manifesto by a woman justifying her decision to stab a revolutionary leader to death, with local authorities saying Friday they will take the case to court.

'Better stay home': Kyiv's grim bomb shelters deter residents

An old door has been laid over broken steps to provide a precarious way down to a bomb shelter in the east of Ukraine's capital Kyiv.

Intel to invest up to $4.6 bn in new Poland chip site

US chip giant Intel said Friday it will invest up to $4.6 billion to build a new site in Poland, creating around 2,000 jobs in the process.

European leaders host Musk, chase Tesla investment

Billionaire Elon Musk is set to meet French President Emmanuel Macron in Paris on Friday as part of a European trip, with national leaders jostling for investment from his electric car firm Tesla.

France to plough cash into low-emission planes: Macron

France will pump hundreds of millions of euros into developing low-emission aircraft, engines and aviation fuel in the coming years, President Emmanuel Macron said Friday.

UK retailer Tesco sees early signs of easing inflation

British supermarket giant Tesco said Friday there are "encouraging early signs" of easing inflation, but customers are still looking to save cash in a cost-of-living crisis.

Musk heads to France for Macron meeting

Billionaire Elon Musk is set to meet French President Emmanuel Macron in Paris on Friday for the second time in just over a month, as France aims to curry favour and attract investment from the Tesla boss.

Bank of Japan sticks to ultra-loose monetary policy

The Bank of Japan said Friday it would maintain its long-standing, ultra-loose monetary policy as it looks to boost economic growth.

Asian markets mostly up as traders eye China stimulus

Hopes China will unveil fresh measures to kickstart its ailing economy lifted most markets Friday, while the dollar struggled to bounce from losses fuelled by bets the Federal Reserve is near the end of its tightening cycle.

Top executive quits Nissan in new leadership turmoil

Nissan top executive Ashwani Gupta is leaving the company, the Japanese automaker said Friday, in a surprise departure that will revive concerns about the stability of the firm's leadership.

Crunch time at UPS with strike looming

The Teamsters union, which represents hundreds of thousands of UPS employees, is set to reveal Friday whether it has authorized a strike against the delivery service -- a work stoppage seen as unlikely, but one that would certainly rattle the US economy.

Spend now, worry later: no point saving in inflation-stricken Argentina

Despite a biting economic crisis, restaurants in Buenos Aires are full and queues for theater and concert tickets long.

US clampdown has crypto kings looking abroad

After years on the sidelines, financial regulators in the United States are throwing the book at the free-wheeling cryptocurrency industry, with angry entrepreneurs threatening to take their business overseas.

Nissan confirms top executive Gupta leaving company

Top Nissan executive Ashwani Gupta is leaving the company, the Japanese automaker confirmed Friday, a day after reports of a leadership clash inside the company.

Iran, Cuba vow to confront US 'aggressive imperial policy'

The presidents of Iran and Cuba vowed Thursday to jointly confront the "aggressive imperial policy" of the United States, which has sanctions in place against both countries.

US trade chief seeks more resilient supply chains

Global supply chains need to be redesigned, with a greater focus on raising standards and building resilience for the sake of economic security, US Trade Representative Katherine Tai said Thursday.

The Future is Here: 3nm ASIC Technology in Cryptocurrency Miners

NEW YORK, June 15, 2023 (GLOBE NEWSWIRE) -- A suite of next generation crypto miners from Bitmanu are currently the talk of the town in the crypto market. These 3 nanometer ASIC miners have been tipped by many experts as the future of crypto mining. The immense power of Bitmanu’s BM1, BM2, and BM Pro miners have made them most powerful and profitable mining rigs ever.

Euro jumps after ECB raises rates but stocks diverge

The euro got a boost after the European Central Bank raised interest rates to a 22-year high on Thursday, while stocks diverged a day after the Federal Reserve signalled it would resume raising borrowing costs after a pause.

Boost Fleet Productivity and Profits with Command Alkon’s TrackIt Advantage

Vehicle Tracking, Status Loops, and Messaging Work to Recapture Lost Time in the Yard, Helping to Drive a More Efficient Fleet and Improve Profitability

ECB hikes rates to 22-year high and says not done yet

The European Central Bank hiked interest rates to a 22-year high Thursday and said another increase in July was "very likely", as it pushed ahead with its fight against inflation despite a darkening eurozone economy.

US trade chief seeks supply chain redesign to boost resilience

Global supply chains need to be redesigned to boost their resilience, US Trade Representative Katherine Tai is expected to say Thursday, stressing that this is "vital for greater national and economic security."

Stocks wobble after ECB raises rates, lowers growth forecast

Stock markets wavered Thursday as the European Central Bank raised interest rates to a 22-year high, a day after the Federal Reserve signalled it would resume raising borrowing costs after a pause.

Actor Gerard Depardieu selling art collection

French actor Gerard Depardieu, who faces mounting problems over his private life, is to sell much of his art collection worth an estimated 3-5 million euros, his auctioneers announced Thursday.

Kenya government unveils budget to opposition walkout

Kenyan President William Ruto's government presented its maiden budget to parliament on Thursday but was met with a walkout by protesting opposition MPs.

US retail sales grow at slower pace on falling gas station sales

Retail sales in the United States grew at a slower pace in May but still came in stronger than expected, according to government data released Thursday, on the back of falling gas station sales.

ECB hikes rate to 22-year high as inflation still 'too high'

The European Central Bank on Thursday said eurozone inflation was still too elevated as it hiked interest rates for an eighth consecutive time to a two-decade high, despite a darkening economic outlook.

European markets mostly drop before ECB

Europe's stocks mostly fell Thursday before an expected European Central Bank interest rate increase, and after the US Federal Reserve paused its rate-hiking cycle but signalled more to come.

Markets mostly up as Fed holds rates, China cuts

Most markets rose Thursday after the Federal Reserve decided against hiking interest rates while China's central bank cut borrowing costs to kickstart the struggling economy.

TikTok to spend billions in SE Asia as e-commerce move pays off

TikTok's chief executive said Thursday the company would pour billions of dollars into Southeast Asia in the coming years, as a report showed its nascent venture into online shopping is paying off.

Markets mixed as Fed holds rates, China cuts

Markets were mixed Thursday after the Federal Reserve decided against hiking interest rates while China's central bank cut borrowing costs to kickstart the struggling economy.

Berliner Tageblatt - Economy (English)