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Featured

EU trade chief seeks to dial down China tensions

The European Union's top commerce official was due in China on Thursday for talks aimed at bringing both sides back from the brink of a mutually damaging trade war.

French PM denies police ordered to confront student protesters

French security forces do not have orders to "confront" protesting high school students, the prime minister said Wednesday, as allegations of police brutality mounted following days of protests that have shaken the country.

Last news

'Too late': Escape routes close on Ukraine's new front

The newborn peeking out of a pink blanket in a hospital on the north bank of Ukraine's Dnieper river may never see her grandparents back home in the Russian-occupied south.

A spate of drownings: Classes help Black Americans learn to swim

Ten-year-old Aiden Reed had reason to be a little nervous as he dipped into a swimming pool in Washington.

Infantino says broadcasters offer '100 times less' for Women's World Cup

FIFA president Gianni Infantino on Saturday criticised television broadcasters who have offered "100 times less" to screen the Women's World Cup compared to the men's.

UK's Sunak qualifies for PM race as Johnson eyes comeback

British Conservative politician Rishi Sunak late Friday reached the minimum threshold to run for party leader, as former prime minister Boris Johnson targeted an audacious comeback.

Mordaunt enters Tory race as Johnson eyes comeback as PM

Britain's divisive former leader Boris Johnson on Friday received heavyweight Conservative backing to stage a sensational comeback following the resignation of Prime Minister Liz Truss.

Pro-Draghi League moderate named Italy economy minister

Giancarlo Giorgetti, named Italy's new economy minister on Friday, is considered one of the more moderate, pro-Europe members of Matteo Salvini's League party.

India's Reliance reports mixed results as taxes hurt oil business

Indian conglomerate Reliance Industries reported mixed quarterly results on Friday, with weakness in its core oil-refining business hurting profits even as its retail and telecom arms posted strong earnings.

Mordaunt enters Tory race as Johnson eyes comeback for PM

Britain's divisive former leader Boris Johnson on Friday received heavyweight Conservative backing to stage a sensational comeback following the resignation of Prime Minister Liz Truss.

Pound sinks on UK political chaos

The British pound sank against the dollar Friday on political uncertainty after the resignation of UK Prime Minister Liz Truss, while weak economic data added to the turmoil.

UK reports further bleak economic data

UK government borrowing surged and retail sales slumped in September, official data showed Friday, dealing a further economic blow to a country in political crisis.

Google fined $162 mn by Indian watchdog over market dominance

Google has been fined more than $160 million by India's anti-trust watchdog after a probe found the tech behemoth was abusing its commanding position in the local smartphone market.

Dollar extends gains on Fed rate hike expectations

The dollar extended gains Friday on expectations the Federal Reserve will press ahead with its programme of bumper interest rate hikes for the rest of the year.

Homegrown superheroes: Meet the US Robin Hoods battling inflation

There is no such thing as a free lunch, economists chide, but one alternative store in the southern US city of Atlanta is offering the next best thing to those struggling with spiraling prices.

Brazil's dirty campaign: a disinformation guide

Brazil's election campaign has been an orgy of mudslinging, social media attacks and outright lies so outlandish they are sometimes comical.

US airlines cheer travel boost from shift to hybrid work

US airlines say they are reaping the benefits of a growing trend of hybrid work that allows employees to travel more frequently as Covid-19 restrictions ebb.

Ukraine warns Russia planning to destroy hydro dam

Kyiv accused Russia on Thursday of planning to destroy a hydropower plant in the eastern Kherson region, where Ukrainian soldiers have been steadily advancing and Moscow-installed authorities have begun evacuations.

Yen sinks to new low as British pound briefly surges after Truss exit

The yen sank to a new 32-year low Thursday against the dollar, while the pound briefly rallied after British Prime Minister Liz Truss announced her resignation following a brief crisis-filled tenure.

Dan Smith, American activist and son of a slave, dead at 90

Dan Smith, an American civil rights activist and son of a former slave has died aged 90, his wife told AFP Thursday.

Shortest-serving PM in history leaves scars on economy

Truss' attempt to boost growth in a recession-threatened economy was fuelled by eye-watering levels of debt, damaging her government's credibility on financial marketsLiz Truss, the shortest serving prime minister in UK history, leaves lasting scars on the economy after her botched budget rocked markets, spiked borrowing costs and tanked the pound.

Thai regulators approve controversial telecom merger

Thailand's telecom regulator on Thursday approved the merger of Telenor's Thai arm and a local rival that would create the kingdom's biggest mobile services provider, despite concerns about competition and consumer harm.

Italy holds govt talks as Meloni coalition spars over Ukraine

Italy's president began consultations Thursday to form a new government following the victory of far-right leader Giorgia Meloni in elections last month, even as friction over Ukraine threatened the unity of her coalition.

Pound, London stocks climb after Truss resignation

The London stock market and the pound bounced on Thursday after British Prime Minister Liz Truss announced her resignation following disastrous policies that rocked the markets for weeks.

European Space Agency to launch two missions on SpaceX rockets

The European Space Agency announced Thursday it will use SpaceX's Falcon 9 rockets to launch two scientific missions because of delays to its own Ariane 6 rocket and the cancellation of flights on Russia's Soyuz launchers.

Robust travel demand boosts American Airlines' Q3 profits

American Airlines reported a strong third quarter Thursday, capitalizing on robust demand for travel that the company sees persisting as Covid-19 worries recede.

Turkish central bank cuts rates again as inflation rockets

Turkey's central bank on Thursday cut its policy rate for the third consecutive month despite a plunging lira and an annual inflation rate that has soared over 83 percent.

Italy opens talks on new government as coalition spars over Ukraine

Italy's president began consultations Thursday on forming a new government following the victory of far-right leader Giorgia Meloni in elections last month, as tensions over Ukraine threatened the unity of her coalition.

Stocks mostly slide on strong dollar

Asian and European equities mostly slid Thursday after overnight Wall Street losses, while the dollar jumped as surging inflation, interest rate hikes and recession fears returned to the fore.

Turkish central bank cuts rates for third month

Turkey's central bank on Thursday cut its policy rate for the third consecutive month despite plunging lira and an annual inflation rate that has soared over 83 percent.

First-ever licencing deal struck for cancer drug

Pharmaceutical giant Novartis has signed a licensing agreement increasing access to a vital leukaemia treatment, a UN-backed public health organisation said Thursday, marking the first-ever such agreement for a cancer drug.

Yen sinks to 150 per dollar, lowest since 1990

The falling yen hit 150 per dollar for the first time since 1990 on Thursday, driven down by the contrast between Japanese monetary easing and aggressive US interest rate hikes.

Asian markets drop and dollar rises as inflation, rate fears return

Asian equities tumbled Thursday, tracking a sell-off on Wall Street, while the dollar regained its strength as surging inflation, interest rate hikes and recession fears returned to the fore.

Tesla quarterly profit jumps, but revenues miss estimates

Tesla reported Wednesday another quarter of sparkling earnings growth, but shares fell amid questions over the resilience of electric vehicle demand, CEO Elon Musk's embattled Twitter transaction and other issues.

Berliner Tageblatt - Economy (English)