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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

Biden warns 'silence is complicity' after Kanye's Hitler outburst

President Joe Biden Friday called on US political leaders to denounce anti-Semitism, days after Donald Trump hosted a well-known Holocaust denier and the rapper Kanye West -- whose virulent outbursts culminated this week with praise of Adolf Hitler.

EU agrees to impose price cap on Russian crude

The European Union will join the G7 powers in imposing a $60-per-barrel price cap on Russian oil, the Polish ambassador to the bloc said Friday, three days ahead of an EU embargo on imports by sea.

Biden signs emergency law forcing US rail unions to accept wages deal

US President Joe Biden signed into law Friday a rare intervention by Congress forcing freight rail unions to accept a salary deal, avoiding a possibly devastating strike -- but putting the pro-union Democrat in an awkward political position.

Austria must continue to cut Russian gas reliance: OMV CEO

Austria has cut its dependence on Russian gas but it must keep up efforts to diversify its supplies for the next cold season, the head of Austrian energy group OMV told AFP.

Biden signs emergency law forcing rail unions to accept wages deal

Ecuador seeks to protect unique Galapagos birds from flu

Ecuador has put in place a plan to try and protect its unique wild bird species on the Galapagos islands from the H5N1 virus also rampaging through Europe and North America.

European gas pipe dreams become reality in eastern France

Underneath the lush countryside in eastern France lie the pipelines expected to rescue Europe before a winter without Russian gas.

US hiring tops expectations in November as wages pick up

US job gains were unexpectedly robust in November despite efforts to cool the economy, while unemployment held steady and wages ticked up, the government reported Friday.

Stocks fall after strong US jobs data

Stock markets fell on Friday after strong US jobs data raised concerns that the US Federal Reserve may continue to aggressively hike interest rates to tame inflation.

Energy crisis driving climate-friendly power savings: IEA

Russia's invasion of Ukraine has driven countries across the world to boost energy efficiency, creating "huge potential" to tackle high prices, security and climate change, the IEA said on Friday.

'No surrender': ragtag militia helps hold Ukraine line in Donbas

Underarmed and with limited ammunition, Volodymyr Regesha is adamant his volunteer battalion won't be joining the Ukrainian army even if it means taking their chances on the front.

European stocks, oil steady before US jobs data and OPEC

European stock markets and oil prices steadied Friday before key US jobs data and an oil output decision by OPEC and its Russia-led allies.

Musk's free speech absolutism 'a fantasy'

The limits of Elon Musk's self-professed "free speech absolutism" were laid bare, critics said, when he banned rapper Kanye West from Twitter over his latest anti-Semitic outburst on Thursday.

Sun to go down on Elton John's final UK tour at Glastonbury

After Paul McCartney, the Glastonbury music festival on Friday again rolled back the years by announcing Elton John as its headline act next June to close out his final UK tour.

Street life: Manila's homeless find shelter in pushcarts

Like thousands of homeless people in the Philippine capital Manila, Maricel Abawag and her son used to sleep on flattened cardboard boxes laid out on footpaths. Then they got a pushcart.

LGBTQ groups seek legal ban on Swiss conversion therapy

LGBTQ organisations in Switzerland are concerned that without swift action, the country could become a haven for conversion therapy, which is banned in neighbouring France and Germany.

Biden, Macron pledge US-French alliance on Ukraine, democracy

US President Joe Biden and French President Emmanuel Macron emerged from White House talks Thursday pledging to close ranks in helping Ukraine and pressuring Russia's Vladimir Putin to make peace.

Fed rate hopes weigh on dollar, stocks fall ahead of US jobs data

The dollar struggled to recover on Friday from its recent sell-off as traders grew confident the Federal Reserve will slow its pace of interest rate hikes, while an equities rally sputtered ahead of key US jobs data.

Hair transplant fad turns deadly in India

All that balding Indian television executive Athar Rasheed wanted was to look handsome and get married. But the 30-year-old's seemingly harmless hair transplant went fatally wrong.

Dollar falls after Federal Reserve shift in tone, stocks mixed

The dollar continued to retreat Thursday on shifting expectations for US monetary policy, while global stocks finished mixed after digesting data showing record low eurozone unemployment and a moderation in US inflation.

US Congress approves bill to avert major freight rail strike

The US Congress passed legislation Thursday to avert a freight rail strike that could have been devastating for the economy, intervening to break an impasse between workers and management as the holiday season approaches.

US, France vow to settle spat over green industry subsidies

President Joe Biden said Thursday US support for green industry was not intended to be at Europe's expense as he and French leader Emmanuel Macron pledged to surmount a serious transatlantic trade dispute.

Equities slow after gains on Fed rate optimism

Stocks diverged Thursday after Federal Reserve boss Jerome Powell signalled a moderation in interest rate hikes, as fears over the health of the global economy persist.

EU chief hails 'pragmatic spirit' of UK talks on post-Brexit issues

Ursula von der Leyen on Thursday hailed a "more pragmatic spirit" in talks between the UK and the European Union aimed at resolving post-Brexit trade problems in Northern Ireland.

SpaceX again postpones Japanese moon lander launch

SpaceX on Wednesday postponed the launch of the world's first private lander to the Moon, a mission undertaken by Japanese firm ispace.

Key US inflation index ticks down in October: official data

A closely-watched measure of US inflation edged down in October, government data showed Thursday, with costs of goods easing while spending remained resilient.

Brexit ramps up UK food bills by £6 bn: study

Britain's exit from the European Union added almost £6 billion to consumers' food bills, hitting the poor the hardest and further stoking red-hot inflation, a study said Thursday.

World equities extend gains on Fed rate optimism

Global stocks rose further Thursday as Federal Reserve boss Jerome Powell flagged a moderation in interest rate hikes, while China signalled a softer approach to fighting Covid.

Eurozone unemployment drops to record low

Unemployment in the eurozone has dropped to a record low, at 6.5 percent in October, the EU's Eurostat statistics office said Thursday.

Musk vows interface implants in human brains within six months

Tech billionaire Elon Musk said on Wednesday one of his companies would in six months be able to implant a device into a human brain that would allow communication with a computer.

China protests explode 'harmonious society myth': Tiananmen leader

Demonstrations in China sparked by tough anti-Covid policies explode the "myth" of a "harmonious society" and reveal deep discontent with Beijing's rulers, a leader of the Tiananmen Square protests said on Thursday.

El Salvador journalists sue NSO Group in US over alleged Pegasus attacks

Salvadoran digital newspaper El Faro's employees filed a lawsuit in a US federal court on Wednesday against NSO Group, alleging the Israeli firm's controversial Pegasus software was used to spy on them.

Berliner Tageblatt - Economy (English)