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Featured

Trump forms panel to probe US Fed governor Lisa Cook

US President Donald Trump has set up a committee to probe Federal Reserve Governor Lisa Cook over alleged "false statements" linked to mortgages, renewing his efforts to oust her.

Stocks advance as Trump rules out pre-vote Iran attack

Stock markets climbed Friday as oil prices dropped after President Donald Trump ruled out a strike on Iran before next month's US midterm elections.

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S.Africa's Eskom gets interim head after CEO's sudden exit

Beleaguered South African power utility Eskom appointed an interim CEO on Friday, capping a week of high drama marked by a bombshell interview in which the firm's previous head accused the ruling party of graft.

Crumbling Pakistan economy puts children's futures on hold

Sixteen-year-old Nadia makes the one-hour journey to and from her employer's house on foot each day, stopping frequently along the congested streets of Lahore so her mother can rest her weary legs.

Modi calls for World Bank reform at G20 finance meet

Indian Prime Minister Narendra Modi added his voice Friday to calls for the reform of global lenders such as the World Bank, as G20 finance ministers and central bank heads met.

Six dead, dozens still missing after China mine collapse

Dozens of people remained missing on Friday following a collapse at a coal mine in northern China that killed six, state media reported.

Bank of Japan's next chief says monetary easing 'appropriate'

The Bank of Japan's longstanding monetary easing policies are "appropriate", its next governor Kazuo Ueda told parliament on Friday, suggesting no sudden changes to the bank's stance when he takes the helm in April.

Japan inflation hits 4.2 percent in January

Japan's consumer prices rose 4.2 percent in January from a year earlier, a level not seen since September 1981, fuelled in part by higher energy bills, government data showed Friday.

Boeing halts deliveries of 787 again on fuselage issue

Boeing has suspended deliveries of the 787 Dreamliner again following new issues with a fuselage component, US aviation regulators said Thursday.

US World Bank pick a straight-talker who 'gets things done'

The United States' candidate to lead the World Bank, Ajay Banga, has helmed large institutions and "helped bring 500 million unbanked people into the digital economy," according to US authorities.

Quake girl Sham leaves Syria for treatment in Turkey

A nine-year-old Syrian girl whose fate captured the tragedy, hope and heartbreak of this month's earthquake after spending 40 hours under the rubble was taken to Turkey Thursday for treatment.

R. Kelly gets new 20-year jail term for child porn crimes

A US judge on Thursday handed disgraced R&B singer R. Kelly a 20-year prison term for child pornography and other charges -- but he will serve most of it simultaneously with a previous sentence.

US transport chief sorry over delayed derailment response

US Transportation Secretary Pete Buttigieg voiced regret Thursday over his muted response to a toxic train derailment and pushed for safety reforms as he addressed resident's fears over possible contamination of their air and water.

World's last Meccano factory to close next year in France

The owners of the world's last dedicated Meccano toy factory have said it will close by next year after more than half a century in France because of rising costs.

French news channel sacks anchor after disinformation probe

France's leading rolling news channel BFMTV on Thursday said it has sacked an anchor after a probe into alleged external influence in his work, according to a company message seen by AFP.

EU institutions ban TikTok on work devices

The main EU governing institutions on Thursday banned their staff from installing TikTok on devices used for work amid concerns over data protection, in a move that provoked an angry response from the company.

Equities struggle but oil advances

US and European stocks turned in mixed performances on Thursday, while oil bounced higher on Chinese demand expectations.

Vuitton accused over Joan Mitchell paintings in handbag ads

The Joan Mitchell Foundation has sent a cease and desist letter to Louis Vuitton alleging the luxury brand is using reproductions of the artist's paintings in handbag advertisements without authorization.

US to help Africa get louder global voice, says Jill Biden

First Lady Jill Biden said the United States was committed to helping African nations get a louder voice at the UN and other international bodies, as she visited Namibia on Thursday.

Canada's First Quantum suspends Panama mine operations

Canadian mining giant First Quantum Minerals announced Thursday the suspension of its operations at a major mine in Panama, saying it was being blocked from exporting copper abroad.

Biden nominates ex-Mastercard CEO to lead World Bank

US President Joe Biden said Thursday that Washington is nominating former Mastercard Chief Executive Ajay Banga to lead the World Bank, after its current chief David Malpass announced plans to step down early.

Japan's 'Suzume' stars at Berlinale after 20-year anime hiatus

Japanese director Makoto Shinkai admits that he "didn't have an eye on the global market" when making "Suzume".

Fashion courts K-Pop and its fans at Milan catwalk shows

Milan's catwalks may be the epicentre of global fashion this week, but it's Seoul and K-Pop fans who are front and centre in the battle for new luxury customers.

G7 presses IMF for Ukraine aid as Yellen says Russia hurting

G7 finance chiefs pressed the IMF on Thursday to provide more aid to Ukraine, as US Treasury Secretary Janet Yellen insisted that sanctions were hurting Russia on the eve of the first anniversary of the invasion.

Death toll from China mine collapse rises to five, dozens still missing

The death toll from a collapse at a coal mine in northern China rose to five on Thursday, state media reported, as rescuers searched for dozens still missing after a massive landslide hindered recovery efforts overnight.

Hong Kong exchange reports IPO drought in 2022 as profits slide

Hong Kong's stock exchange last year saw the fewest new listings in more than a decade, it said Thursday as the city struggles to emerge from pandemic isolation and kickstart an economic recovery.

India's troubled Adani invests in bankrupt Sri Lanka

Cash-strapped Sri Lanka on Thursday announced its first major foreign investment since it declared bankruptcy, approving a $442 million wind power project by India's scandal-hit Adani group.

When men won't 'get dirty', Nicaraguan women dig for cockles

From a young age, Elena Martinez and other female residents of Aserradores, a small fishing community in eastern Nicaragua, learn to navigate the dense mangrove forest to extract a black mollusc from deep under the mud.

Bosnian furniture sector spurs economic growth

The screech of chainsaws echoes through a Bosnian forest edged by snowy peaks, where lumber is to be crafted into high-end furniture to adorn European or South Korean homes.

Coffee harvest plunges amid Central American exodus

Nestled in the mountains of central Honduras, the "El Encanto" coffee farm is tackling this year's harvest with half the pickers it needs.

Markets stabilize as investors digest latest Fed minutes

Equity markets stabilized Wednesday following the prior session's Wall Street rout as markets assessed the latest Federal Reserve meeting minutes amid worries over higher interest rates.

MLS banking on new Apple deal to boost popularity

Major League Soccer is hoping its ground-breaking new global streaming deal with Apple TV will launch a new era of growth when their season gets under way on Saturday.

Google hails 'key milestone' in quantum computing

Google scientists said Wednesday they have passed a major milestone in their quest to develop effective quantum computing, with a new study showing they reduced the rate of errors -- long an obstacle for the much-hyped technology.

Kenya launches probe into sex abuse claims at UK tea firms

Kenyan lawmakers say they will investigate accusations of sexual abuse on tea plantations that supply some of Britain's most popular brands.

Berliner Tageblatt - Economy (English)