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Featured

Germany lifts GDP forecast as economy withstands Iran war

Germany on Thursday sharply raised its growth forecast for this year, saying Europe's biggest economy had withstood the Iran war energy shock and was benefiting from the global AI boom.

Alex Bodi pushes ahead with expansion: ALIX LASERS showroom planned for Bucharest

Romanian businessman Alex Bodi combines international connections with substantial investments running into many millions and ventures into new business areas. On 19 September 2026, Bodi visited ALIX LASERS in Germany, one of the world’s leading manufacturers of AI-powered aesthetic laser systems, and held intensive, final-stage contract negotiations with Head of Operations Dieter Eitner about opening a showroom in Bucharest before the end of 2026. The venture could mark another milestone in Bodi’s expansion across multiple sectors.

Last news

Asian markets mixed as easing Fed fears tempered by China Covid

Asian markets were mixed Friday at the end of a week that has seen hopes the Federal Reserve will tone down its monetary tightening campaign offset by fresh lockdown fears as Covid-19 cases surge in China.

Chile's unique Atacama desert sullied by world's junk

It may be one of the driest places on Earth -- a brutal, alien landscape where life seems impossible.

EU frets over Twitter job losses as hate speech grows

The European Union on Thursday expressed concern about layoffs at Twitter since its takeover by Elon Musk, after the reported closure of the tech firm's lobbying office in Brussels.

Extreme poverty rising in Latin America: UN

Extreme poverty is likely to affect 82 million people in Latin America in 2022, an increase spurred by a slow pandemic recovery and high inflation, the UN economic commission for the region said Thursday.

Struggling Ghana plans tax rise, debt swap to secure IMF aid

Ghana's finance minister, Kenneth Ofori-Atta, presented the 2023 budget to parliament on Thursday, hiking tax and planning a debt swap as the country's negotiates an International Monetary Fund (IMF) loan.

Gas price cap divides EU energy ministers' meeting

EU energy ministers met Thursday to debate measures to mitigate the energy crunch in Europe but were divided over a gas price cap proposal slammed by many as a "joke".

Stocks rise, dollar slips as Fed signals softer rate hike pace

Asian markets rallied Thursday and the dollar weakened further after minutes from the Federal Reserve's latest policy meeting suggested it could slow its pace of rate hikes.

UK police lift lid on largest ever counter-fraud operation

UK police on Thursday said their biggest ever counter-fraud operation had disrupted an international criminal network targeting hundreds of thousands of victims in millions of spam phone calls.

Musk floats 'general amnesty' of suspended Twitter accounts

New Twitter owner Elon Musk on Wednesday polled users on whether the site should offer a general amnesty to suspended accounts, using the same method he used to handle the case of Donald Trump.

Fed minutes extend rally in US stocks as dollar retreats

Wall Street stocks rose again Wednesday following Federal Reserve minutes signaling a moderation in its aggressive policy to counter inflation, while oil prices slumped amid worries over demand.

Most Fed officials say slower rate hike pace appropriate 'soon'

A majority of US Federal Reserve policymakers found that a slower pace of interest rate hikes would "likely soon be appropriate," the central bank said Wednesday.

Gucci parts ways with star designer Michele

Italian designer Alessandro Michele on Wednesday left Gucci, where he has overseen a surge in sales at the fashion powerhouse since 2015 but seen his star fade in recent seasons.

Grinding inflation clouds 'Black Friday' shopping bonanza

The Black Friday kickoff of the holiday shopping season is expected to bring especially deep discounts in 2022, but one challenge will be finding consumers confident enough to spend.

British medic set to train to become first 'parastronaut'

John McFall, who has become the first astronaut recruit with a disability, is a British doctor and former Paralympian who lost a leg in a motorbike accident.

Embattled Credit Suisse expects Q4 pre-tax loss

Credit Suisse predicted a surprise fourth-quarter pre-tax loss of up to $1.6 billion as the beleaguered bank undertakes a radical overhaul, sending stocks tumbling again on Wednesday.

European, US stocks held back by economic gloom

European and US stocks made modest gains on Wednesday on news that major economies contracted in November and as traders looked ahead to Federal Reserve committee minutes.

New home sales in US post surprise jump in October

New home sales in the US defied expectations and rose in October, government data showed Wednesday, despite mortgage rates remaining high.

European, US stocks waver on economic gloom

European and US stock markets wavered Wednesday on news that the eurozone and UK economies shrank in November but by less than the previous month.

Fans hope Glazer era is over as Manchester United owners consider sale

Fans gathered outside Old Trafford on Wednesday said they hoped the Glazers' time as owners of Manchester United was coming to an end as a leading supporters group insisted the Red Devils' loyal followers must have a stake in any new share structure.

Uniper rescue to cost Germany an extra 25 bn euros

Troubled gas giant Uniper on Wednesday said the German government would need to spend an additional 25 billion euros under a planned nationalisation to stave off the firm's collapse in the wake of Russia's war in Ukraine.

European equities waver on economic gloom

European stock markets wavered on Wednesday on news that the eurozone and UK economies shrank in November, but by less than the prior month.

Gucci set to part ways with star designer Michele: report

The Italian designer Alessandro Michele is set to leave Gucci, where he has overseen a surge in sales at the fashion powerhouse since 2015 but seen his star fade in recent seasons, according to a report in industry bible Women's Wear Daily on Wednesday.

Credit Suisse expects Q4 pre-tax loss of $1.6 bn

Credit Suisse stocks tumbled again Wednesday after announcing it expects a surprise fourth-quarter pre-tax loss of up to $1.6 billion as it launches into a radical overhaul of its operations.

Markets rise on rate hopes but China Covid casts shadow

Asian and European markets rose Wednesday as traders flitted between hopes for a halt in sharp US interest rate hikes and concern that a surge in China's Covid-19 cases will see officials impose more painful lockdowns.

Asian markets rise on rate hopes but China Covid casts shadow

Asian markets rose Wednesday but traders flitted between hopes for a halt in sharp US interest rate hikes and concern that a surge in China's Covid cases will see officials impose more painful lockdowns.

Foreign university students sold 'dreams' in north Cyprus

Foreign students are big business in northern Cyprus, a tiny, breakaway statelet only recognised by Turkey, but some warn university recruiters are selling "dreams" in the internationally and economically isolated territory.

'But you're a woman': Iraqi furniture-maker carves up stereotypes

With hammer and saw, Nour al-Janabi is building her latest creation, a candy-pink sofa, in the carpentry workshop she runs in male-dominated and conservative Iraq.

Medical community frets over fate of Twitter

For days, doctors, scientists and public health experts have been telling their Twitter followers where to find them on other platforms if Elon Musk's newly-acquired company tanks.

'Dangerous rhetoric' stoking nuclear tensions: UN chief

United Nations chief Antonio Guterres warned on Tuesday against "dangerous rhetoric" stoking tensions among nuclear-armed rivals.

French regulator approves state bid to renationalise power giant

France's financial markets regulator on Tuesday approved the state's plan to fully control heavily indebted national power utility EDF that is to spearhead efforts to relaunch the French nuclear industry.

'Hardcore' Musk drives into a culture clash at Twitter

After snapping up Twitter, one of Silicon Valley's most iconic companies, Elon Musk swiftly introduced his no-holds-barred work ethic, setting up a bitter culture clash with thousands of workers who still believed in the platform's higher mission.

UK public finances worsen, as OECD warns on outlook

UK state borrowing jumped last month, official data showed Tuesday, as the government cushions consumers from soaring energy bills which the OECD said could further push up inflation.

Berliner Tageblatt - Economy (English)