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Featured

Zelensky blasts diesel deal after Russian strikes kill 15

Ukrainian President Volodymyr Zelensky said on Saturday that Russia was expressing its "thanks" for a diesel deal agreed with the United States by attacking Ukraine, after fresh Russian attacks killed 15 people, according to authorities.

Spanish PM begins vote campaign overshadowed by housing protests

Spain's Prime Minister Pedro Sanchez aimed to pull off another unlikely comeback as he began campaigning on Saturday for a snap vote dominated by housing protests that have shaken the country.

Last news

US broadcaster NPR quits Twitter as Musk admits 'many mistakes'

US radio broadcaster NPR on Wednesday said it was quitting Twitter, in the first significant defection by a major news outlet since Elon Musk's tumultuous takeover of the platform.

Netflix plans Africa expansion after hit series

Netflix said on Wednesday it planned to expand operations in Africa, building on the success of hit shows like the South African drama "Blood and Water."

US inflation slows in March but remains above Fed target

US consumer inflation slowed in March, according to data released Wednesday, but remained well above the Federal Reserve's target level despite numerous interest rate hikes over the last year.

Stocks rise as US inflation cools

Stock markets rose on Wednesday as data showed US inflation had slowed to its lowest level in nearly two years in March, raising hopes that the Federal Reserve will wind down its interest-rate-hike campaign.

Paris stocks hit fresh record peak before US inflation data

French equities hit another record peak Wednesday amid broad European gains as traders awaited US inflation data set to play a key role in the Federal Reserve's next move on US interest rates.

UK police probe 'sexual misconduct' at business lobby

UK police have launched an investigation into the nation's CBI business lobby group over allegations of sexual misconduct.

Volvo's shares up after record first quarter profits

Volvo Group's shares were up seven percent Wednesday after the Swedish truck-maker posted record first-quarter earnings, in a sign of an easing of supply chain disruptions and high costs that have plagued the auto industry.

Markets mixed as traders await key inflation report

Equity markets were mixed Wednesday as traders jockeyed ahead of US inflation data that could play a key role in the Federal Reserve's interest rate decision-making.

Building fever grips Greece as tourism booms

It's early morning in the picturesque village of Naoussa on the Greek island of Paros, and jackhammers are already echoing as locals ready for what they hope will be a record tourist season.

NASA unveils 'Mars' habitat for year-long experiments on Earth

Four small rooms, a gym and a lot of red sand -- NASA unveiled on Tuesday its new Mars-simulation habitat, in which volunteers will live for a year at a time to test what life will be like on future missions to Earth's neighbor.

Rising costs spell doom for Egypt's village traditions

Multi-day weddings, feeding the bereaved and homemade bread are all becoming things of the past in rural Egypt, as centuries-old traditions are steadily squeezed by a punishing economic crisis.

Asian markets mixed as traders await key inflation report

Asian markets were mixed Wednesday as traders jockeyed ahead of US inflation data that could play a key role in the Federal Reserve's interest rate decision-making.

Thailand's China-built high-speed rail, on track but delayed

One of Thailand's oldest railway stations is facing demolition as the kingdom presses ahead with a long-delayed Chinese-backed high-speed line that has caused unease about lost heritage and closer ties to Beijing.

Michael Jordan sneakers fetch auction record $2.2 mn

A pair of sneakers worn by NBA superstar Michael Jordan sold for $2.2 million on Tuesday, setting a record price at auction for game-worn sports footwear, Sotheby's announced.

Tough-talking Erdogan lashes 'imperialist' West

President Recep Tayyip Erdogan on Tuesday condemned "global imperialists" and played up Turkey's might as he unveiled his Islamic-rooted party's manifesto in next month's knife-edge parliamentary and presidential polls.

IMF issues growth warning as it lowers 2023 forecast

The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical tension.

Inflation means last call for raft of UK pubs: study

The number of pub closures in England and Wales surged 47 percent in the first quarter from a year earlier as inflation soared, a study showed Tuesday.

Doctors in England start historic four-day strike over pay

Doctors working in England's public health service on Tuesday launched what has been billed as the most disruptive strike in its history, in a dispute over pay and working conditions.

Stocks climb as investors await US inflation data

Asian and European stock markets mostly rose Tuesday after an Easter break, with focus turning to the release of US inflation data later in the week.

Swiss president says Credit Suisse rescue averted catastrophe

Swiss President Alain Berset told lawmakers Tuesday that letting banking giant Credit Suisse collapse would have triggered a catastrophe, as he defended the orchestrated takeover by UBS.

Head of British business lobby sacked over misconduct

Britain's main business lobby group announced Tuesday the sacking of Director General Tony Danker following sexual misconduct allegations that have shaken the Confederation of British Industry.

France's Macron stirs confusion, criticism with Taiwan comments

French President Emmanuel Macron risks creating fresh confusion among his Western allies and encouraging China with his latest headline-grabbing foreign policy comments, this time on Taiwan, analysts say.

UN says forced into 'appalling choice' by Taliban ban on women

The United Nations is being forced to make an "appalling choice" over whether to continue operations in Afghanistan while the Taliban government bans women from working for the organisation, the world body said Tuesday.

China to require 'security assessment' for new AI products

New AI products developed in China will have to undergo a security assessment before being released and must reflect "core socialist values", a sweeping new draft law by the country's internet regulator showed Tuesday.

Macron visits Netherlands amid row over China comments

French President Emmanuel Macron began a state visit to the Netherlands on Tuesday seeking to calm a furore over his controversial remarks on Europe and China.

China draft law to require 'security assessment' for new AI products

All new artificial intelligence (AI) products developed in China will be required to undergo a "security assessment" before being released to the public, a sweeping new draft law by the country's internet regulator showed Tuesday.

Markets track higher as investors await US inflation data

Asian and European markets mostly rose Tuesday after an Easter break that thinned trading volumes in the region, with focus now turning to the release of US inflation data later in the week.

China to require 'security assessment' for new AI products: draft law

All new artificial intelligence (AI) products developed in China will be required to undergo a "security assessment" before being released to the public, a new draft law by the country's internet regulator showed Tuesday.

Dismantling Germany's Lubmin nuclear plant, piece by piece

At a former nuclear power plant near Lubmin on Germany's Baltic coast, workers in the disassembly hall are chopping up a bulky grey section of a pump from inside one of the reactors.

China consumer inflation falls below 1% in March

China's consumer price inflation fell below one percent in March, official figures showed Tuesday, a sign of weak demand as the world's second largest economy tries to recover from its pandemic-driven slump.

Cuba announces surprise reversal of US dollar deposit ban

Cuba's government on Monday announced a surprise lifting of its ban on US dollar deposits in banks, reversing a policy which had been in place across the communist island nation since June 2021.

Asian markets track higher as investors await US inflation data

Asian markets mostly rose Tuesday after an Easter break that thinned trading volumes in the region, with focus now turning to the release of US inflation data later in the week.

Berliner Tageblatt - Economy (English)