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Stocks tread water with earnings, tech in focus

Global stock markets were stuck in neutral Thursday as investors assessed the latest batch of corporate earnings, with tech firms back under pressure while awaiting developments over a potential US-Iran deal to reopen the Strait of Hormuz.

Inevitable AI Group Raises $6M From Aleph to Launch AI-Native SaaS Companies

Inevitable AI Group (IAIG), an AI-native venture studio founded by veteran technology entrepreneurs, today announced a $6 million pre-seed funding round led by Aleph. The company is building and launching dozens of AI-native software businesses designed to capitalize on the rapidly changing economics of software development.

Last news

Asian markets rise ahead of Powell testimony, US jobs data

Asian markets mostly rose Tuesday as traders geared up for this week's release of key US jobs data and Federal Reserve chief Jerome Powell's testimony to lawmakers.

UK to unveil latest bid to stop migrants crossing Channel

The UK government will on Tuesday unveil hotly anticipated legislation aimed at stopping migrants crossing the Channel illegally on small boats, banning such arrivals from claiming asylum and promptly deporting them.

Global stocks mixed as China eyes 'around 5%' growth in 2023

Global stocks were mixed Monday ahead of key Federal Reserve congressional testimony as China set a lower-than-expected target for 2023 economic growth.

World Bank halts Tunisia program over president's migrant remarks

The World Bank is pausing talks over its future engagement with Tunisia following anti-immigrant comments made by the country's president, Kais Saied, according to an internal message to staff seen by AFP.

Twitter suffers major outage disabling external links

Twitter on Monday suffered a major outage with users worldwide reporting they could no longer read links to articles from outside websites.

Greek PM asks high court to expedite cases over rail disaster

Greek Prime Minister Kyriakos Mitsotakis on Monday asked the country's Supreme Court to prioritise any criminal cases over last week's deadly train crash and to shed light on what led to the country's worst rail disaster.

Stocks largely gain as rate hike hopes offset muted China outlook

Major stock markets mostly rose Monday, with Paris briefly reaching a fresh record, as traders reacted to indications the Federal Reserve could soon end a policy of hiking interest rates.

Accor co-founder, who brought France US-style hotels, dies at 91

Gerard Pelisson, who co-founded Accor and turned the hotel group into a world leader, has died at 91 after a long illness, his family told AFP on Monday.

Asian markets broadly positive but China shares muted

Asian markets enjoyed healthy gains on Monday over murmurs that the US Federal Reserve may loosen its monetary tightening but stocks in Hong Kong and China were muted after Beijing announced its lowest economic growth target in decades.

'Forget the war': Ukraine ski slope offers respite from conflict

Far from the Ukraine war's frontlines, only the whirring of generator-powered ski lifts disturbs the calm at Bukovel in the country's west, a winter resort nestled in the pine-forested Carpathian Mountains.

Barred from the streets, Cubans mark Women's Day online

Taking to the streets to make your voice heard on International Women's Day is a right taken for granted in most countries. Not in Cuba.

Greek stationmaster charged over rail crash as PM seeks forgiveness

The stationmaster implicated in Greece's deadliest rail crash, which killed at least 57 people, was charged and taken into custody Sunday, hours after the prime minister asked for forgiveness for the disaster.

'Creed III' punches its way to top of N.America box office

MGM's boxing drama "Creed III" scored an opening-round knockout this weekend, taking in an estimated $58.7 million to top North America's box office in one of the biggest debuts ever for a sports film.

Poor nations' leaders unleash anger and despair at UN summit

Leaders from the world's poorest nations poured out their disappointment and bitterness at a UN summit on Sunday over the treatment of their countries by richer counterparts.

Greek PM seeks forgiveness as thousands protest over rail tragedy

Greece's prime minister on Sunday asked for forgiveness from the families of the 57 dead in the nation's worst rail disaster as thousands of furious protesters rallied in Athens and clashed with police.

Russian minority shuns Estonia vote over Ukraine support

Put off by the Estonian government's hawkish stance on Russia, many Russian speakers are expected to stay away from elections on Sunday even though they oppose the war in Ukraine.

Greeks set to gather to mourn rail crash dead

Students and rail workers were preparing to rally in Athens on Sunday in the latest expression of grief and anger at Greece's worst rail disaster, which killed at least 57 people.

Texas: Wind and solar stake claim to land of oil

Modern Texas was built on oil, and its production has long been a source of immense pride. But now, areas that moved to the steady rhythm of oil derricks for more than a century are making the state a national leader in wind and solar energy.

Prince Harry says always felt 'different' from other UK royals

Prince Harry reportedly revealed he has long felt "slightly different" to the rest of Britain's royal family in an interview on Saturday with a trauma expert.

Hundreds of migrants fly home from Tunisia after attacks

Almost 300 people returned from Tunisia to Mali and Ivory Coast on Saturday after boarding repatriation flights, fearful of a wave of violence since the president launched a tirade against migrants.

Iran to reconnect nuclear cameras, ramp up inspections: IAEA

Iran has agreed to reconnect surveillance cameras at several nuclear sites and increase the pace of inspections, the head of the International Atomic Energy Agency said on Saturday.

Iraq customs ordered to start enforcing alcohol import ban

Iraq's customs department gave orders on Saturday to start enforcing a ban on alcohol imports that became law last month despite divisions over the legislation.

A year on, Ukraine's embattled nuclear plant turned Russian 'military base'

Ukraine's Zaporizhzhia nuclear power plant no longer produces electricity and serves solely as a military base for Moscow's troops, the exiled mayor of the city of Energodar, which houses the facility, told AFP.

Greek station master court date delayed as anger boils over rail tragedy

The station master involved in Greece's worst-ever train disaster had his court appearance postponed by a day on Saturday as the country braced for more mass protests over the crash that killed at least 57 people.

UN chief slams rich countries' treatment of poor states

UN Secretary-General Antonio Guterres on Saturday slammed the world's rich countries and energy giants for throttling poor nations with "predatory" interest rates and crippling fuel prices.

UN chief condemns rich countries 'vicious' tactics against poor

UN leader Antonio Guterres on Saturday slammed the world's rich countries and energy giants for throttling poor nations with "predatory" interest rates and crippling fuel prices.

UN nuclear chief to meet Raisi during crucial Iran talks

The UN nuclear watchdog chief was in Iran on Saturday for expected talks with President Ebrahim Raisi and other officials after the discovery of uranium particles enriched to near weapons-grade level.

Balenciaga's Demna seeks redemption after scandal

Having fled war as a child, Georgian designer Demna made fashion a sort of battleground of provocative ideas at the helm of Balenciaga. It was tremendously successful -- until it wasn't.

Foxconn plans new India iPhone plant in shift away from China

Apple will manufacture iPhones at a new plant in India, officials said Friday, as the US tech giant seeks to ramp up its India production and diversify away from China.

Portugal's Catholic Church asks abuse victims for pardon

Portugal's Catholic Church on Friday asked victims of child sexual abuse by the clergy for forgiveness, following the publication of an independent report that set out the extent of the offences.

White House unhappy after Walgreens bans abortion pill in some states

The White House on Friday expressed regret at US pharmacy giant Walgreens' decision to not distribute abortion pills in some 20 states after "dangerous" pressure from anti-abortion officials.

Biden, Scholz pledge Ukraine support at White House talks

US President Joe Biden and German Chancellor Olaf Scholz held talks at the White House on Friday in a display of unity over the Ukraine war after warnings from Russia over arms supplies.

Berliner Tageblatt - Economy (English)