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Featured

Supreme Court boosts Trump's power to fire officials, but protects Fed

The US Supreme Court on Monday fortified President Donald Trump's powers to fire members of independent government agencies, but carved out protections for the Federal Reserve by blocking the firing of Governor Lisa Cook.

Burnham pledges radical devolution of UK govt if PM

The frontrunner to become Britain's next prime minister, Andy Burnham, vowed speech Monday to "bring about the biggest rebalancing of power our country has seen" if he succeeds Keir Starmer.

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Benin seeks home-grown cotton 'revolution'

Mathias Azonnoudo, a 50-year-old farmer in Benin, was taking a break sitting on a large pile of freshly picked cotton, which the government hopes will feed the country's nascent textile revolution.

Philadelphia plane crash marks a second US aviation disaster

A small jet with six people onboard crashed into a busy Philadelphia suburb Friday, officials said, marking another US aviation disaster after a passenger plane and a military helicopter collided midair in Washington earlier this week.

Trump to impose Canada, Mexico, China tariffs at weekend

President Donald Trump will implement tariffs Saturday on the three largest US trading partners -- Canada, Mexico and China -- saying there was nothing they could do to forestall him while vowing further levies on various industries.

US charges former Fed official with spying for China

US prosecutors announced Friday that they have charged a former Federal Reserve advisor with spying on behalf of China while posing as a part-time lecturer at a local university.

Meta mulling incorporation shift to Texas: report

Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big shareholders like Mark Zuckerberg, the Wall Street Journal reported Friday.

World's longest cargo sail ship launched in Turkey

The world's longest wind-powered cargo ship was launched Friday in Turkey, offering a promising way to slash carbon emissions from merchandise trade.

Grim search for plane crash bodies as Trump doubles down

US investigators insisted Friday they will not bow to outside pressure as they search for bodies and the remaining black box after the fatal Washington air collision, as President Donald Trump doubled down on political point scoring.

Stock markets mostly gain at end of turbulent week

Stock markets mostly rose Friday, led by New York after strong results from Apple reassured investors that the tech sector was still healthy after a volatile week, though European shares were hit by a late bout of profit taking.

Stock markets gain at end of turbulent week

Major stock markets rose Friday, as a key US inflation reading met expectations and strong results from Apple reassured investors that the tech sector is still healthy after a turbulent week.

Calls for UK govt to allow bird flu vaccines for poultry

Several farming organisations on Friday urged the UK government to allow vaccinations for poultry against bird flu amid an outbreak of the highly contagious disease in the country.

Offshore wind power giant Orsted changes CEO

Denmark's struggling offshore wind power group Orsted said Friday it was replacing its CEO with his deputy as the sector faces an "increasingly challenging situation".

Stock markets close out turbulent week with gains

European and Asian stock markets mostly rose Friday, the end of a week beset by volatility after China's DeepSeek unveiled an artificial intelligence model to rival those of US tech giants.

Kenya's Ice Lions skate to win on East Africa's only rink

Screeching off East Africa's only ice rink, the skates of Kenya's Ice Lions scatter frozen chips of ice as they celebrate their first title win in the capital Nairobi.

World awaits Trump tariff deadline on Canada, Mexico and China

With less than 24 hours before President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners -- Canada, Mexico and China -- the global economy is bracing for impact.

Samsung operating profit hit by R&D spending, fight to meet chip demand

The operating profit of South Korean tech giant Samsung Electronics sank almost a third in the fourth quarter owing to spending on research, the company said Friday, as analysts said it was struggling to meet demand for chips used in AI servers.

Japan records biggest jump in foreign workers

Japan saw its biggest year-on-year jump in foreign workers since records began, government data showed Friday, as the country seeks to address labour shortages exacerbated by its ageing population.

Asian markets mostly rise but worries over tariffs, AI linger,

Most Asian markets edged up Friday at the end of a week beset by volatility after China's DeepSeek unveiled a groundbreaking chatbot, while sentiment was dampened after Donald Trump confirmed he hit Canada and Mexico with hefty tariffs.

Investigators recover plane black boxes from Washington air collision

Investigators on Thursday recovered the black boxes from a passenger plane whose mid-air collision with a military helicopter over Washington's Potomac river killed 67 people, as rescuers pulled victims' bodies from the freezing water.

Chipmaker Intel beats revenue expectations amidst Q4 loss

Intel reported a fourth-quarter loss on Tuesday, but better than expected revenue as the US chip giant continues to struggle to stake its place in the artificial intelligence revolution.

Key nominees for the Grammy Awards

Here is a list of nominees in the major categories for the 67th annual Grammy Awards, which will be handed out on Sunday in Los Angeles.

Samsung Electronics posts 129.85% jump in Q4 operating profit

Samsung Electronics said Friday its operating profits surged 129.85 percent year-on-year in the fourth quarter of 2024, but fell from the previous quarter as it struggled to meet demand for chips used in artificial intelligence servers.

French luxury billionaire sparks tax debate with threat to leave

Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United States to escape a planned tax hike.

Washington midair crash: What we know so far

A US commercial airliner with 64 people aboard and a military helicopter collided over Washington on Wednesday before crashing into the Potomac River.

Trump blames 'diversity' for deadly Washington airliner collision

US President Donald Trump -- speaking as the bodies of 67 people were being pulled from Washington's Potomac River -- launched an extraordinary political attack Thursday, blaming diversity hires for the midair collision between an airliner and a military helicopter.

Merkel slams successor over far-right support on immigration bill

Germany's ex-chancellor Angela Merkel weighed in Thursday on a controversy flaring ahead of February elections, slamming her party successor for relying on far-right support on the flashpoint issue of immigration.

Stock markets firm on ECB rate cut, corporate results

European stock markets rose Thursday as the European Central Bank cut interest rates again while US shares were steady after a mixed bag of company earnings reports.

Mexican economy shrinks for first time in three years

Mexico's economy suffered its first contraction in three years in the fourth quarter of 2024, official figures showed Thursday, as the country braces for US President Donald Trump's threatened tariffs.

Nostalgia and escapism: highlights from Paris Couture Week

Nostalgia-tinged evening wear, fantasy-fuelled escapism and messages about world peace featured during a packed Paris Couture Week that also saw new changes on fashion's artistic director merry-go-round.

Dubai airport clocks record 92.3m passengers, extending hot streak

A record 92.3 million passengers travelled through Dubai's international airport last year, its operator said on Thursday, extending a post-pandemic tear that exemplifies the city's economic boom.

US economic growth steady in 2024 as Trump takes office

The US economy expanded at a solid clip in 2024, helped by consumer and government spending, official data showed Thursday, signaling its resilience as President Donald Trump takes over the reins.

ECB cuts rate again as eurozone falters, with eye on Trump

The European Central Bank made a fresh interest rate cut Thursday as inflation eases and the eurozone economy flatlines, with a nervous eye on US President Donald Trump's protectionist agenda.

No survivors from plane, helicopter collision in Washington

US officials said Thursday there were likely no survivors after a passenger jet carrying 64 people collided in midair with a military helicopter and crashed into the icy waters of Washington's Potomac river.

Volkswacht Bodensee - Economy (English)