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Featured

Iran stands firm on Hormuz plan after US rejection

Iran stood firm Sunday on its conditions for reopening the Strait of Hormuz, despite US President Donald Trump's rejection of the proposal that had created some optimism for breaking the Mideast war stalemate.

Italy winemakers hail bumper harvest but cut output

Wine growers in Italy's Piedmont region are celebrating a bountiful harvest despite the extreme heat but warn they have to cut production because of trade headwinds and changing consumer habits.

Last news

Most equity markets rise on lingering trader optimism

Stocks rose on Monday after a busy last week, with optimism supported by another AI-led tech rally on Wall Street.

Asian markets rise on lingering trader optimism

Stocks rose in Asian trade Monday after a busy last week, with optimism supported by another AI-led tech rally on Wall Street.

As clock ticks down, Greece tries to clean up its act on waste

Cell phone glued to his ear, Kosmas Vassilas watches his truck crews round up multi-coloured bins on the island of Corfu, where a groundbreaking recycling initiative is bucking the trend of Greece's anarchic waste disposal.

Most Asian markets rise on lingering trader optimism

Most stocks rose in Asian trade Monday after a busy last week, with optimism supported by another AI-led tech rally on Wall Street.

Affiliate of Pacific Avenue Capital Partners Completes Acquisition of FLSmidth Cement from FLSmidth & Co. A/S

LOS ANGELES, CA / ACCESS Newswire / November 3, 2025 / Pacific Avenue Capital Partners ("Pacific Avenue"), a leading global private equity firm focused on corporate carve-outs and other complex situations in the middle market, today announced it has completed the acquisition of FLSmidth Cement A/S ("FLSmidth Cement" or "Company"), from FLSmidth & Co. A/S (CPH:FLS) ("FLSmidth"). With the completion of the transaction, FLSmidth Cement will operate under the new name Fuller Technologies ("Fuller"), marking the beginning of its next chapter as an independent, technology-driven leader serving the global cement sector. Fuller is a leading solutions provider for the cement production industry focused on providing aftermarket parts and services to as well as new and replacement equipment for cement plants around the globe. The Company has manufacturing locations in North America, Europe, and Asia, and its global installed base spans over 1,400 of the world's approximate 2,700 cement plants.

'Regretting You' wins spooky slow N. American box office

Paramount's "Regretting You," the latest film adaptation of a Colleen Hoover novel, finished first place in a lackluster Halloween weekend at the North American box office, industry estimates showed Sunday.

OPEC+ further hikes oil output

The eight key members of the OPEC+ alliance, including Saudi Arabia and Russia, on Sunday said they had agreed a further slight hike to their oil production.

Death becomes a growing business in ageing, lonely South Korea

Rows of coffins line a university classroom in the South Korean port city of Busan, ready for use in training the funeral directors of the future in a rapidly ageing country.

Denmark's fabled restaurant noma sells products to amateur cooks

Several times crowned the best restaurant in the world, noma, a beacon of gastronomy in Copenhagen, wants to carve a niche among home cooks by selling them some of its products.

'I can't eat': Millions risk losing food aid during US shutdown

Approximately one in eight Americans receive food stamp benefits from the US government, a program at risk of losing its funding as of Saturday due to the government shutdown.

High price of gold inspires new rush in California

Matt James has collected gold nuggets for years from the hills and riverbeds of California, but as the precious metal's price soars, he has found an unexpected El Dorado: on social media.

'Swing for the fences': Carney promises bold budget as US threat grows

Canada's new Liberal government unveils its first budget on Tuesday, with Prime Minister Mark Carney saying "bold risks" are needed to reform an economy facing unprecedented economic threats from the United States.

French fraud watchdog reports Shein for 'childlike' sex dolls

France's anti-fraud unit said on Saturday it had reported Asian e-commerce giant Shein for selling what it described as "sex dolls with a childlike appearance".

South Korea hosts Xi as Chinese leader rekindles fraught ties

South Korean President Lee Jae Myung hosted Xi Jinping for their first meeting on Saturday as the Chinese head of state took centre stage and reforged old ties at an Asian summit from which US leader Donald Trump was largely absent.

Latin America weathered Trump tariffs better than feared: regional bank chief

The impact of tariffs imposed by US President Donald Trump "has been less than expected" in Latin America, the head of the region's development bank told AFP in an interview.

Bangladesh dockers strike over foreign takeover of key port

Bangladesh's dock workers escalated a strike on Saturday at the country's biggest port, Chattogram, protesting plans by the interim government to lease operating licences to a foreign company.

China to exempt some Nexperia chips from export ban

China said Saturday it will exempt some Nexperia chips from an export ban that was imposed over a row with Dutch officials and has alarmed European businesses.

China to exempt some Nexperia orders from export ban

China said Saturday it will exempt some Nexperia chips from an export ban that has alarmed European businesses, days after trade talks between the leaders of the world's two largest economies.

Finland's crackdown on undocumented migrants sparks fear

The Finnish government's crackdown on immigration has led to a sharp rise in deportations, raising fears among undocumented migrants who could face dangerous situations in their home countries.

Food stamps, the bulwark against hunger for over 40 mn Americans

The ongoing budget deadlock in the United States is threatening food security of around 42 million Americans who receive food stamps at the start of each month to help get by.

Wall Street stocks rebound on Amazon, Apple earnings

Wall Street stocks rebounded on Friday as investors welcomed strong earnings reports by Amazon and Apple.

Swiss central bank profits boosted by gold price surge

Switzerland's central bank on Friday reported a profit of 12.6 billion Swiss francs ($15.7 billion) for the first nine months of 2025, boosted by soaring gold prices and rising stock markets.

Profits dip at ExxonMobil, Chevron on lower crude prices

US oil giants ExxonMobil and Chevron reported lower earnings Friday as the decline in oil prices offset the lift from higher production.

China's suspension of rare earth controls applies to EU: official

The EU's commissioner for trade on Friday said China's one-year suspension on its restrictions of rare earth materials would apply to the bloc as well as the United States.

Italy complains about strong euro, urges ECB to cut rates

Italy's foreign minister called on the European Central Bank on Friday to reduce interest rates to weaken the euro, warning its strength was hurting his country's exporters.

Wall Street bounces on Amazon, Apple earnings

Wall Street stocks moved higher on Friday as investors welcomed strong earnings reports by Amazon and Apple.

Shein set to open first physical store in Paris

Controversial online fast-fashion seller Shein will open its first bricks and mortar store in the world in Paris next week, its new landlord announced Friday.

Stocks extend losses tracking AI, Fed and trade

Europe and Asian stock markets mostly fell Friday at the end of a fluctuating week as traders reacted to company earnings, central bank decisions and a tentative US-China trade truce.

Asia markets diverge on heels of Apple, Amazon earnings

Asian stock markets presented a mixed bag on Friday, with falls in China and gains in Japan and South Korea coming after better-than-expected earnings reports from US tech behemoths Apple and Amazon.

Risky gold rush drives young into Ivory Coast nature park

Emmanuel knows only too well the allure of illegal gold prospecting in the protected Comoe National Park for the many young without prospects in Ivory Coast's troubled northeast.

Deadly roads block mothers from care in jihadist-hit Nigeria

When Lawan Mustafa's wife, nine months pregnant, woke up bleeding in the middle of the night, she looked at her husband and warned him: don't go to the hospital.

In the black: the business of mourning Thailand's queen mother

In a bustling Bangkok market, hundreds of wholesale vendors have been selling black clothing since dawn -- several with hefty discounts -- in honour of Thailand's late former queen.

Volkswacht Bodensee - Economy (English)