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Featured

Trump signs executive order establishing 'Strategic Bitcoin Reserve'

US President Donald Trump signed an executive order Thursday establishing a "Strategic Bitcoin Reserve," forcefully endorsing a currency once shunned as a tool for money launderers.

Australian casino firm scrambles for cash to survive

Troubled Australian casino operator Star Entertainment said Friday it is trying to sell its stake in a major resort to raise desperately needed cash.

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Poll puts Bulgaria ex-PM Borisov back on top but short of allies

Exit polls indicated the party of conservative former premier Boyko Borisov has come first in Bulgaria's general election Sunday, the country's fourth in 18 months, held amid mounting anxiety over soaring inflation and the impact of the Ukraine war.

Fall of Ukraine rail hub threatens Russian war gains

As Russian troops retreat after losing the key Ukrainian town of Lyman they need to set up a new frontline to protect their dwindling gains -- but one key supply route has already been cut off.

Hundreds protest in Turkey in support of Iranian women

Hundreds of protesters took to the streets in Turkey on Sunday to condemn Iran's crackdown on women-led demonstrations sparked by a young woman's death after her arrest by the country's notorious morality police.

UK's PM faces TV inquisition ahead of tense Tory conference

After a week of market turmoil, dismal headlines and disastrous polls, British Prime Minister Liz Truss faces a TV grilling Sunday at the start of her restive Conservative party's annual conference.

No Terminator: Musk teases 'useful' humanoid robot

Elon Musk on Friday showed off the latest version of a humanoid robot that the world's richest man said could one day eliminate poverty.

US suicide rate rose in 2021 after falling for two years

The US suicide rate rose in 2021, particularly among young men, according to official data out Friday -- an increase that ends a two-year-decline.

Cyberattack reveals Mexico president's health scare

Hackers have stolen sensitive Mexican files including previously undisclosed information that President Andres Manuel Lopez Obrador was taken to hospital by air ambulance in January with a heart problem, the government said Friday.

Tribute to Issey Miyake at Paris Fashion Week

Japanese label Issey Miyake paid tribute to its late founder at Paris Fashion Week on Friday with the sort of choreographed dance show that he pioneered.

Foreigners arrested as Iran protests over Amini death enter third week

Iran said Friday that nine foreigners were arrested over deadly street protests sparked by the death of Kurdish woman Mahsa Amini, as demonstrations across the country entered a third week amid gunfire.

Strong US dollar an unstoppable force endangering other currencies

The dazzling rise of the US dollar, which has hit one record after another, is raising fears of a currency crash of a severity not seen since the 1997 Asian financial crisis reverberated around the world.

EU to cut power use, levy energy companies

EU ministers on Friday agreed cuts to peak-hour power consumption and windfall levies on energy companies in an urgent effort to bring down sky-high energy prices.

Tobacco giant Altria ends non-compete accord with Juul

Tobacco giant Altria said Friday it ended a non-compete agreement with Juul, which is mired in a fight with a US agency over its ability to sell vaping products.

Key US inflation index shows signs of slowing in August

A closely-watched measure of US inflation showed the annual pace of price increases slowed slightly in August as energy costs fell and increases in food costs eased, according to government data released Friday.

Eurozone inflation jumps to record 10% as energy prices soar

Eurozone consumer prices skyrocketed by a record 10 percent in September, official data showed on Friday, as inflation reached double digits on the back of soaring energy prices caused by Russia's war on Ukraine.

Clashes as Iran protests over Mahsa Amini death enter third week

Iranian security forces opened fire on angry protesters as street violence sparked by the death of Kurdish woman Mahsa Amini entered a third week on Friday, foreign-based opposition media reported.

UK teen died after 'negative effects of online content': coroner

A 14-year-old British girl died from an act of self harm while suffering from the "negative effects of online content", a coroner said Friday in a case that shone a spotlight on social media companies.

UK avoids recession in boost for under-fire Truss

Britain is not yet in recession, revised data showed Friday in a boost for under-fire Prime Minister Liz Truss, but its economy may still face a downturn on soaring interest rates.

Eurozone inflation jumps to record 10%

Japan's digital minister says he's ready for a fight

Japan's media-savvy digital minister said Friday he's ready to take an iron-fisted approach to speed up the nation's slow embrace of online services at government offices and workplaces.

French economy minister 'worried' by British 'disaster'

France's economy minister said Friday that he was worried by the financial turbulence in Britain, criticising Prime Minister Liz Truss's economic policies for causing a "disaster" of high borrowing rates for her country.

Markets mixed after sell-off, sterling edges up after recovery

Markets in Asia and Europe were mixed Friday after another tough day on US trading floors, with inflation continuing to soar and central bankers getting increasingly hawkish in their attempts to bring prices under control.

Most markets drop again but sterling edges up after recovery

Most markets sank Friday after another tough day on US trading floors, with inflation continuing to soar and central bankers getting increasingly hawkish in their attempts to bring prices under control.

Genies not genius: Turkey's low-budget horror flicks boom

Kneeling before a chalk star outside his tumbledown house, an old man performs a ritual to rid himself of evil spirits -- which many superstitious Turks believe exist.

Victoria Beckham caps French makeover with Paris debut

Having turned to French experts to overhaul her struggling business, Victoria Beckham is seeking the highest validation of the fashion world with her first runway show in Paris on Friday.

China dips into pork reserves as rising prices fan inflation fear

China released more pork reserves Friday, state media said, after prices of the staple meat soared by almost a third, triggering inflation concerns.

Japan plans more stimulus to tackle inflation, low yen

Japan is preparing another round of economic stimulus measures, the government said Friday, as rising prices and the plummeting yen squeeze the world's third-largest economy.

Meta to freeze hiring to tighten budget: report

Facebook-parent Meta put out word to employees on Thursday that it will freeze hiring to cut costs as it endures tough economic times, The Wall Street Journal reported.

No timeframe for fixing Nord Stream pipelines: operator

Nord Stream's operator said Thursday it was unable to immediately assess damage to pipelines linking Russia to Europe, threatening an indeterminate outage -- after Sweden detected a fourth leak and NATO decried "acts of sabotage".

Women referees at World Cup in Qatar a 'strong sign'

The presence of three female referees at the World Cup in Qatar will send "a strong sign", said one of those women selected on Thursday.

Swiss court backs Lindt in chocolate bunny bust-up

Swiss luxury chocolatier Lindt & Sprungli has won its case against the local branch of budget supermarket chain Lidl over its similar-looking Easter bunnies, according to a court decision published Thursday.

Latin America bears brunt of land activist murders: NGO

More than three-quarters of the world's murders of environmental activists took place in Latin America last year, an annual review by watchdog Global Witness showed on Thursday.

UK PM vows to get borrowing 'back on track' after market turmoil over tax cuts

UK Prime Minister Liz Truss defended her tax-slashing plans Thursday but vowed to "get borrowing back on track", after nearly a week of silence when markets tanked and the Bank of England was forced into an emergency intervention.

Berliner Tageblatt - Economy (English)