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Featured

Euros to showcase new TV guidelines on non-sexualisation of women athletes

New guidelines to prevent broadcasters sexualising coverage of women athletes will come into place when the European championships start in Birmingham on Monday.

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.

Last news

Out of the box: defying stereotypes in 'Return to Seoul'

It is Cambodia's next Oscars entry, has a Korean-born France-based star, a French-Cambodian director, and was shot in South Korea.

Asian markets sink as rate hike woes return to the fore

Trading was subdued in Asia on Thursday as the optimism that characterised recent sessions was dealt a blow by data showing a resilience among US consumers that gives the Federal Reserve room to keep hiking interest rates.

UK budget set to deliver more economic pain

Britain is set Thursday to unveil hefty tax rises and spending cuts at the risk of worsening a cost-of-living crisis for millions in the recession-bound economy.

European equities slip on Ukraine fears, US markets slump

Global markets slid Wednesday with investors in Europe spooked by a deadly missile blast in Poland, while US markets fretted over a major retailer's warnings about a weak holiday season.

NATO believes Poland blast an 'accident,' Kyiv assails Russia

Western leaders moved to calm fears of a dangerous escalation in Russia's war in Ukraine Wednesday, saying a missile blast in Poland was likely an accident, while Kyiv pushed back hard at the idea its anti-aircraft fire was to blame.

CNN tells New Year anchors to lay off the booze

Cable news giant CNN has told its celebrity presenters they need to cut back the on-air boozing this New Year's Eve, with bosses seemingly determined to make their broadcast a more sober affair.

US Fed official open to slower rate hike in December

Recent signs of easing inflation pressures and a slowing US economy could allow the central bank to dial back the pace of interest rate hikes, Federal Reserve Governor Christopher Waller said on Wednesday.

US sports stars named in lawsuit over FTX's deceptive practices

High-profile US sports stars and personalities have been named in a lawsuit over deceptive practices targeting investors who became victims of the stunning collapse of cryptocurrency exchange FTX.

UK central bank blames Brexit for trade slump

Brexit is hurting the UK economy, Bank of England officials said Wednesday, even as government leaders downplay the impact of the seismic EU withdrawal.

In US trial, Musk defends his $50 bn pay deal at Tesla

Tesla tycoon Elon Musk on Wednesday defended his $50 billion pay package as CEO of the electric vehicle giant, arguing that the pioneering company was expected to collapse when the deal was agreed.

US retail sales bounce in October on auto and gas

US retail sales jumped more than expected in October, bumped up by higher gas prices and auto sales while pointing to resilience in spending in the face of price pressures, according to government data released Wednesday.

Israel blames Iran as 'drone strike' hits tanker off Oman

Israel blamed Iran on Wednesday after what it said was a drone strike hit a tanker operated by an Israeli-owned firm carrying gas oil off the coast of Oman.

European equities slip on Ukraine fears

European stock markets slid Wednesday, with investors spooked over a deadly missile blast in Poland near the border with Ukraine.

Indonesia proposes nickel producer bloc at Canada G20 talks

Indonesia has proposed the establishment of a bloc of the world's top nickel producers similar to the oil cartel OPEC in talks with Canada, its investment minister said.

Russia accuses Ukraine of Poland missile blast

Russia on Wednesday accused Ukraine of a deadly blast in Poland, with Belgium saying it was probably caused by Kyiv's air defences firing at Moscow's incoming missiles.

UK inflation accelerates to 41-year peak

British inflation has jumped to a 41-year high on soaring energy and food bills in a worsening cost-of-living crisis, data showed Wednesday on the eve of a key budget.

UK householders face squeeze as budget looms

Thursday's government budget is unlikely to be uppermost in the minds of people enjoying the annual light show on the seafront promenade of Blackpool.

Falconers hope to draw World Cup fans to Qatar heritage

In the deserts of northern Qatar, children with a falcon perched on gloves on their left arms show off their hunting birds in a bid to preserve an age-old tradition.

Asian stocks mostly down as Ukraine fears offset inflation hopes

Asian stocks mostly fell Wednesday as another positive US inflation report that fanned hopes of a slowdown in the Fed's rate hike campaign was offset by fresh geopolitical concerns over Ukraine and profit-taking.

Liftoff! NASA successfully launches mega Moon rocket

NASA launched the most powerful rocket ever built on a journey to the Moon on Wednesday, in a spectacular blaze of light and sound that marked the start of the space agency's new flagship program, Artemis.

Chagall painting stolen by Nazis sells for $7.4 mn at US auction

A painting by Marc Chagall, which was among 15 works stolen by Nazis and eventually returned by France to the heirs of the affected families, sold for $7.4 million at auction in New York Tuesday.

Asian stocks swing as Ukraine fears offset inflation hopes

Asian stocks fluctuated Wednesday as another positive US inflation report that fanned hopes of a slowdown in the Federal Reserve's interest rate hike campaign was offset by fresh geopolitical concerns over Ukraine.

Floods sweep future from Pakistan schoolchildren

Pakistani three-year-old Afshan's trip to school is a high-wire balancing act as she teeters across a metal girder spanning a trench of putrid floodwater, eyes fixed ahead.

Estee Lauder agrees to buy Tom Ford brand for $2.3 bn

Luxury beauty brand Estee Lauder said in a statement Tuesday it had agreed to buy designer Tom Ford's company for $2.3 billion.

Musk delays Twitter relaunch after fake account frenzy

Twitter's new owner Elon Musk on Tuesday postponed the relaunch of the site's paid subscription service after a first attempt saw an embarrassing spate of fake accounts that scared advertisers.

'Two dead' as Iran protests swell on anniversary of lethal 2019 crackdown

Iranian security forces shot dead at least two protesters Tuesday, a rights group said, as demonstrations sparked by Mahsa Amini's death swelled on the anniversary of a bloody 2019 crackdown.

US wholesale price inflation slows in October

US wholesale prices continued to rise in October but at a slower pace than in the prior month, according to official data Tuesday which will add to rising hopes that inflation has peaked.

Red Cross says first aid convoy arrives in Tigray capital

The International Committee of the Red Cross (ICRC) said a medical aid convoy had arrived in the capital of Ethiopia's war-ravaged Tigray region Tuesday, its first since a peace deal between the federal government and Tigrayan rebels almost two weeks ago.

Stocks push higher on reassuring US inflation data

Stocks mostly pushed higher on Tuesday, boosted by encouraging data and earnings suggesting inflation may be slowing, and resilience in the US economy.

Walmart sees third quarter loss on opioid settlement but lifts outlook

US retail giant Walmart posted a $1.8 billion loss in the third quarter after a settlement resolving allegations on opioid cases, but lifted its full-year outlook on strong quarterly results.

UK set for new austerity budget

Britain will Thursday hike taxes and slash public spending in a government budget that signals a return to austerity despite a cost-of-living crisis and recession headwinds.

Ethiopia PM vows to execute 'promise' of peace deal

Ethiopia's Prime Minister Abiy Ahmed vowed on Tuesday to fulfil commitments made in a landmark peace deal with Tigrayan rebels and make "our promise a reality", nearly two weeks after the agreement was signed.

Berliner Tageblatt - Economy (English)