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Stopped broadcast, layoffs: Hungary media eyes post-Orban renewal

A month after Hungary's state broadcaster MTVA suspended its news programmes, many employees are still waiting at home to hear when -- or if -- they can return to work.

Asian stocks track Wall St higher after US job losses ease rate fears

Stocks rose Monday as investors pared their bets on a US interest rate hike after data showed thousands of jobs were lost in July, though sentiment was dented by another spike in oil prices as hopes for an end to the Middle East crisis fade.

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Wall Street attempts recovery from previous day's rout

Wall Street stocks made modest gains Wednesday following the previous day's rout on stronger-than-expected US inflation data that sparked fears of a prolonged campaign of Federal Reserve interest rate hikes.

Shops shut for queen's funeral but pubs to raise glass

Many retailers will shut Monday for the state funeral of Queen Elizabeth II but thousands of pubs and bars will remain open for Britons to toast the late monarch.

Smaller Detroit Auto Show kicks off ahead of Biden address

A revived Detroit Auto Show kicked off in earnest Wednesday with presentations by GM and Stellantis brands ahead of an address by President Joe Biden expected to highlight electric vehicle investments.

Royals escort queen on final journey from Buckingham Palace

To the strains of a military band, King Charles III on Wednesday led his family in procession behind Queen Elizabeth II's coffin as she left Buckingham Palace for the final time to lie in state until her funeral.

US inflation gloom casts dark shadow over markets

Global equities sank further Wednesday as stronger-than-expected US inflation data sparked fears of a prolonged campaign of Federal Reserve interest rate hikes.

Stocks extend global selloff on US inflation gloom

Global equities sank further Wednesday as stronger-than-expected US inflation data sparked fears of a prolonged campaign of Federal Reserve interest rate hikes.

Activism and '90s glamour on display at New York Fashion Week

Glamour on the one hand, activism on the other: designers Tory Burch and Gabriela Hearst showcased two different approaches to New York Fashion Week on Tuesday.

Crowds build to see Queen Elizabeth II lying in state

King Charles III leads a procession of the coffin of his mother Queen Elizabeth II through London on Wednesday, before hundreds of thousands of people pay their final respects.

'Majestic' Greek 'Zorba' star Irene Papas dies at 93

Greek-born actor Irene Papas, famous for her fiery appearances in the internationally acclaimed "The Guns of Navarone" and "Zorba the Greek", died Wednesday at the age of 93.

UK inflation eases from 40-year high

UK inflation has eased on lower motor fuel costs but remains close to 40-year peaks, official data showed Wednesday as the nation faces more strikes over a cost-of-living crisis.

Google handed setback as EU court upholds record fine

The European Union's second-highest court on Wednesday overwhelmingly upheld the EU's record fine against Google over its Android operating system for mobile phones, slightly reducing the fee for technical reasons.

Lufthansa back in private hands as govt sells rescue stake

Lufthansa said Wednesday the German state had sold the stake it took in the airline as part of a rescue package at the peak of the Covid pandemic, and booked a healthy profit in the process.

Google loses appeal against record EU antitrust fine

Asian stocks slump, tracking US losses after inflation report

Asian markets dropped on Wednesday, tracking losses in the United States and Europe as traders responded negatively to higher-than-expected US inflation data that raised fears of a prolonged period of interest rate hikes.

Foxconn strikes $19.4 bn deal to make chips in India

Taiwanese electronics giant Foxconn will invest $19.4 billion to make semiconductors in India with local conglomerate Vedanta, backed by New Delhi's push to boost tech self-reliance after a global chip shortage.

Shares in Chinese conglomerate Fosun dive on report of watchdog scrutiny

Club Med owner Fosun, one of China's largest private-sector conglomerates, saw billions wiped off its value on Wednesday as jittery investors reacted to a media report that the group was under regulatory scrutiny.

King Charles mulls patronages after queen's death

The late Queen Elizabeth II was patron of numerous good causes, as is her son King Charles III, but he will now look to redistribute them among the Royal Family.

Japan central bank conducts 'rate check' as yen sinks: reports

Japan's central bank on Wednesday conducted an operation often seen as a precursor to currency intervention, local media said, as the yen continues to crater against a strengthening dollar.

Health groups calls for fossil fuel non-proliferation treaty

Around 200 health organisations and more than 1,400 health professionals on Wednesday called for governments to establish a binding international treaty on phasing out fossil fuels, which they said pose "a grave and escalating threat to human health".

Seeds of change for Dijon mustard amid shortage

France's favourite condiment, Dijon mustard, is hard to find these days, with signs on supermarket shelves warning the lucky few who spot jars that they can only take one home.

How the tide turned on data centres in Europe

Every time we make a call on Zoom, upload a document to the cloud or stream a video, our computers connect to vast warehouses filled with servers to store or access data.

Energy crisis to dominate EU chief's annual speech

Europe's fears of a long winter with scarce energy supplies because of Russia's war in Ukraine are expected to top an annual speech by EU chief Ursula von der Leyen on Wednesday.

Hunger returns to haunt Brazil amid divisive vote

In a small cement house crumbling to ruins in Brazil's parched Sertao region, Maria da Silva, a graying matriarch struggling to feed her family, opens her empty refrigerator and breaks down in sobs.

Crowds gather as queen's coffin to go on display in London

King Charles III leads a procession of the coffin of his mother Queen Elizabeth II through London on Wednesday before hundreds of thousands of people pay their final respects.

Under leaden skies, Queen Elizabeth II's coffin returns to London

Grey skies and rain greeted Queen Elizabeth II's coffin as it was brought back to London on a military transport plane on Tuesday, before Britain says a final farewell to its longest-serving monarch.

Queen leaves Scotland for final time, bound for London

Queen Elizabeth II left Scotland for the final time on Tuesday, as her coffin began its journey to London where crowds of mourners have begun queueing to pay their respects when she lies in state before a state funeral next week.

New president Ruto pledges to work for all Kenyans

William Ruto pledged to work for all Kenyans after he was sworn in as president at a pomp-filled ceremony on Tuesday, five weeks after his narrow victory in a bitterly-fought but largely peaceful election.

Twitter ex-security chief tells US Congress of security concerns

Twitter whistleblower Peiter Zatko told the US Congress on Tuesday that the platform ignored his security concerns, as its shareholders decide whether to approve a $44 billion takeover deal that Elon Musk is trying to exit.

World in 'wrong direction' as climate impacts worsen: UN

Humanity is "going in the wrong direction" on climate change due to its addiction to fossil fuels, the UN said Tuesday in an assessment showing that planet-warming emissions are higher than before the pandemic.

US annual inflation eased in August - but likely not enough

US annual inflation slowed in slightly in August, largely thanks to falling gasoline prices -- but likely not enough to satisfy the Federal Reserve and President Joe Biden, as high prices continue inflicting pain on Americans.

Major UK port set for fresh eight-day strike

Workers at Britain's largest container port, Felixstowe, are to strike for a further eight days, union bosses announced Tuesday, as the country suffers a cost-of-living crisis.

French cinema giant Jean-Luc Godard dies aged 91

Jean-Luc Godard, one of the most influential filmmakers of the 20th century and the father of the French New Wave, died "peacefully at home" on Tuesday aged 91, his family said.

Berliner Tageblatt - Economy (English)