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Featured

Call for Infantino to resign comes amid wave of support

Beleaguered FIFA president Gianni Infantino has received some much-needed support after over a week of scathing criticism revolving around the now shelved private investment plan but there was again a call Friday for him to resign.

Apple and OpenAI escalate legal battle over devices

A legal battle between Apple and OpenAI over the ChatGPT-maker's secretive device project escalated this week when the artificial intelligence (AI) developer called the iPhone-maker's allegations "baseless" and asked for the lawsuit's dismissal.

Last news

Twitter timeline: From Musk's entry to his planned exit

Since buying Twitter, Elon Musk has made radical changes that have sparked fears for the future of the platform, from firing half the staff to restoring ex-president Donald Trump's account and temporarily suspending those of several journalists.

Crypto could cause next financial crisis: India central bank chief

India's central bank governor warned Wednesday that cryptocurrency markets risked causing the next global financial crisis, saying the recent collapse of FTX was proof of the sector's "inherent risks".

Prepay meters worsen energy inequality in UK

A bitter cold descends on snow-topped terraced houses in the north London suburb of Arnos Grove, as Samantha Pierre-Joseph warms her living room with a small whirring fan heater.

In troubled South Africa, a boys' choir gives cause for hope

A hush grips the auditorium as the long-awaited concert by one of the world's most renowned chorales gets underway.

Indonesia's 'all-gendered' priests on verge of extinction

After dawn in a small eastern Indonesia town, a young man holds an ornate umbrella over non-binary priest Puang Matowa Nani, as they walk barefoot to a nearby pond to perform the annual ritual of Mappalili.

Ghosts of insecurity, inflation haunt Nigeria Christmas present

This year will be the fourth year running that Seyi Anne Moses has had to decide against going home to see her parents at Christmas.

Musk says will step down as Twitter CEO once successor found

Elon Musk said Tuesday he would resign as chief executive of Twitter once he finds a replacement, in apparent response to a poll he launched that suggested users wanted him to step down.

Musk expresses doubts on reliability of Twitter CEO poll

Elon Musk on Tuesday said that he doubted the reliability of a Twitter poll in which a majority of votes said he should step down as a CEO of the company.

Five ways TikTok is seen as threat to US national security

Many in the United States see TikTok, the highly popular video-sharing app owned by Beijing-based ByteDance, as a threat to national security.

Nike tops estimates despite hit to profit margins

Nike reported flat profits on higher sales Tuesday in results that topped estimates and lifted shares as strong demand helped counter the drag from heavy discounting due to excessive inventory.

US says seizes enough fentanyl to kill all Americans in 2022

US law enforcement seized more than enough fentanyl to kill all Americans in 2022, the Drug Enforcement Administration said Tuesday, underscoring the deep threat of the deadly man-made opioid.

UK ambulance workers ready to join widening strikes

UK ambulance workers readied to walk out on Wednesday, a day after nurses staged their second stoppage, in a widening dispute with the government which is refusing to cede to above-inflation demands on pay.

Europe gripped by worst ever bird flu outbreak: EU

Europe has been gripped by its "most devastating" ever outbreak of bird flu in the past year, European health authorities said on Tuesday as experts study the feasibility of vaccinations.

3M to phase out 'forever chemicals' PFAS by 2025

US industrial giant 3M announced Tuesday it will phase out production of so-called "forever chemical" PFAS in light of tightening regulation connected to harmful health effects from their use.

US agency orders Wells Fargo to pay $3.7 bn for shoddy banking practices

US officials announced Tuesday a $3.7 billion settlement with Wells Fargo over an array of "illegal activity" that burdened customers with wrongful home foreclosures and other problems.

Federation slams 'hateful' racist abuse of French footballers

Several members of the France team that lost to Argentina in the World Cup final were subjected to "hateful" racist abuse on social media, the French Football Federation (FFF) said on Tuesday, adding it intended to file a legal complaint.

Amazon strikes deal with EU to close anti-trust probes

Online retail giant Amazon has reached an agreement with the European Commission to close two inquiries into anti-competitive tactics, notably using third-party seller data to improve its own sales.

Yen surges on surprise Bank of Japan policy move

The yen soared to a four-month high against the dollar Tuesday after a surprise tweak to monetary policy of the Bank of Japan, which has decided against hiking interest rates to tame decades-high inflation.

UK fines TSB Bank nearly £50 million for IT fail

British regulators on Tuesday said they had fined TSB Bank £48.7 million ($59 million) over an IT upgrade that left customers unable to access services.

Ghana labour unions call for strike over local debt swap

Ghana's main unions on Monday called for a nationwide strike from next week in protest against the inclusion of workers' pensions in a local debt swap programme as part of the terms for an IMF credit.

Hong Kong exchange headed to worst IPO finish in a decade

Hong Kong's stock exchange is on track for its weakest year since 2012 for new listings as the city reeled from the pandemic, rising interest rates and China's economic uncertainty, according to data released Tuesday.

'Asterix' takes on new writer for 2023 instalment

Popular French comic book series "Asterix" will turn a new page for its forthcoming 40th volume, with a new writer chosen to pen next year's instalment, the publisher said Tuesday.

London Arabic bookshop to shut after 45 years

Salwa Gaspard gazes fondly at the hundreds of Arabic-language books displayed on dark wooden shelves, putting some back in place while exchanging a few words with customers.

UK nurses stage new walkout over pay

UK nurses on Tuesday stage a second unprecedented strike amid an increasingly acrimonious fight with the government for better wages and warnings that patient safety could be jeopardised.

Japan central bank tweaks monetary policy, yen strengthens

Japan's central bank tweaked its longstanding monetary easing programme on Tuesday, in a surprise move that saw the yen strengthen quickly against the dollar while Tokyo stock markets fell.

Biden says 'will not be silent' over rising anti-Semitism

Joe Biden on Monday promised he will not remain silent in the face of growing anti-Semitism in the United States, as the president hosted a White House reception celebrating Hanukkah, the Jewish festival of lights.

King Charles banknotes to enter UK circulation from mid-2024

The first banknotes bearing the image of King Charles III are set to enter circulation by mid-2024, the Bank of England said on Tuesday as it unveiled their designs.

Naughty, not nice: 'Santa' bags Peru drug sellers

A gang of drug dealers in Peru got a nasty surprise when Santa and a merry band of elves broke down their door, cuffed them and seized their merchandise in an unusual bust announced Monday.

Argentina lauds united footballers in divided crisis-riven country

For the last month, Lionel Messi and his Argentina teammates have brought success and unity to their fans, in stark contrast to the country's economic woes and polarized political landscape.

Ethiopia's largest bank says Tigray services resume

The Commercial Bank of Ethiopia said Monday that it has resumed financial services in some towns in the war-torn region of Tigray, enabling residents to access their funds after a shutdown lasting more than a year.

FTX founder Bankman-Fried back in jail after hearing

Samuel Bankman-Fried, wanted in the United States for fraud after the collapse of his FTX group, returned to a Bahama prison Monday after a hearing that had been expected to focus on his possible extradition.

Honeywell to pay $160 mn to settle US, Brazil bribe case

US industrial giant Honeywell will pay $160 million to settle criminal and civil probes in Brazil and the United States over bribes in order to win business from two national oil companies, the government said Monday.

Berliner Tageblatt - Economy (English)