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Featured

Swedish court orders Google pay $1.46 bn for favouring its price comparisons

A Swedish market court on Wednesday ordered Google to pay some 14.3 billion kronor ($1.46 billion) in damages to price comparison site Pricerunner for promoting its own shopping comparisons in search results.

European stocks mostly drop with eyes on US Fed

European stock markets mostly dropped Wednesday ahead of a speech by the new head of the Federal Reserve, Kevin Warsh, that could indicate the timing of likely US interest-rate rises.

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Navalny memoirs spark mix of curiosity, indifference in Moscow

There was a mix of indifference and curiosity in Moscow when late opposition leader Alexei Navalny's autobiography was published on Tuesday.

US interest rate, election uncertainy hit stock market sentiment

European and US stock markets dropped on Tuesday after gains for Chinese indices, as traders sought to ascertain the outlook for US interest rates ahead of the presidential election.

Rare Tintin albums go under the hammer in Paris

A collection of rare Tintin comic albums is up for auction in Paris on Wednesday, many signed by cartoonist Herge, who wrote "Tintin is just another version of me" on one flyleaf.

Most markets fall as traders weigh US rates outlook

Most markets fell Tuesday after a negative lead from Wall Street fuelled by profit-taking, while traders try to ascertain the outlook for US interest rates.

Hyundai Motor India shares dip on debut after record IPO

Hyundai Motor had a lacklustre Indian market debut on Tuesday after raising $3.3 billion in the country's biggest-ever initial public offering, with shares down nearly five percent from their issue price in early trade.

In Mozambique, cigars 100% made in Africa

In a small neon-lit factory in Maputo, a dozen workers are hand-rolling premium cigars intended for the global market, seemingly undisturbed by the pungent tobacco smell.

Britain seeking EU trade reset: minister

Britain is urgently looking to reset its trading relationship with the European Union, and sees international commerce as key to reviving UK growth, trade minister Douglas Alexander told AFP.

Most Asian markets drop as traders weigh US rates outlook

Most Asian markets turned lower Tuesday after a negative lead from Wall Street fuelled by profit-taking, while traders try to ascertain the outlook for US interest rates.

Israel strikes 300 Hezbollah targets as US urges war's end

Israel said Monday it struck around 300 Hezbollah targets in Lebanon over 24 hours, ramping up its offensive to hit the group's finances, as the United States called for the war to end "as soon as possible".

US infant mortality spiked after right to abortion overturned: study

US infant mortality surged in the months following the Supreme Court decision to overturn the national right to abortion, driven by a rise in the number of babies with birth defects, a study said Monday.

Venezuela arrests ex-oil minister accused of US links

Venezuela on Monday announced the arrest of a former oil minister accused of links to a firm controlled by US intelligence services -- the latest scandal to shake the crisis-hit country's energy sector.

Disney expects to name Iger's successor in early 2026

Disney said Monday it will name Bob Iger's successor as chief executive in early 2026 as it tapped former Morgan Stanley CEO James Gorman as chairman of the entertainment giant.

Power restored to half of Cuban capital after nationwide blackout: state media

Electricity has been restored to half of Havana, the Cuban capital's power company reported Monday, four days after the start of a nationwide blackout that authorities have struggled to address.

Electricity restored to 50% of Havana after nationwide blackout: Cuba state media

Electricity has been restored to half of Havana, the Cuban capital's power company reported Monday, four days after the start of a nationwide blackout that the authorities have struggled to address.

Stock markets slide, oil jumps as China cuts rates

Major stock markets mostly dropped Monday on profit-taking and oil prices jumped as traders weighed fresh interest-rate cuts from China's central bank aimed at reigniting the world's second-biggest economy.

French govt takes new blows over deal to sell painkiller maker to US fund

French drugmaker Sanofi's confirmation that it will sell a ctrolling stake in its consumer health unit to a US investment fund sparked a new political backlash Monday, stoked by fears the deal marks a loss of sovereignty over key medications.

France bristles at painkiller maker's sale to US fund

French drugmaker Sanofi's Monday confirmation that it plans to sell a controlling stake in its over-the-counter unit to a US investment fund sparked a new political backlash, stoked by fears the deal marks a loss of sovereignty over key medications.

Asian markets mixed as traders digest China rate cut

Asian markets started the week on a mixed note Monday as traders weigh Chinese central bank interest rate cuts aimed at reigniting the world's number two economy, while gold hit a record high on geopolitical concerns.

Sanofi pursues sale of painkiller after political controversy

Sanofi confirmed on Monday plans to sell a controlling stake in its over-the-counter unit to a US investment fund, after employment and investment guarantees relieved political controversy.

Asian markets fluctuate as traders digest China rate cut

Asian markets swung Monday as traders weigh Chinese central bank interest rate cuts aimed at reigniting the world's number two economy, while gold hit a record high on geopolitical concerns.

China's central bank cuts two key rates to boost economy

China's central bank on Monday said it had cut two key interest rates to historic lows, in the latest move by Beijing to boost sluggish spending and kickstart the world's second-largest economy.

'Smile 2' scares up the biggest audiences in N.American theaters

Paramount's new horror film "Smile 2" has surpassed its successful predecessor, taking in an estimated $23 million in North American theaters this weekend, industry watcher Exhibitor Relations reported Sunday.

Eight-storey building collapses in Kenyan capital

A residential building collapsed in the Kenyan capital Nairobi on Sunday, leaving several people feared trapped, county officials and emergency responders said.

Hurricane set to hit Cuba amid national blackout

A hurricane was bearing down on Cuba Sunday as the island nation's authorities scrambled to restore power following a massive nationwide outage.

New rules drive Japanese trucking sector to the brink

Fujio Uemura has to rest after driving fish all night to Tokyo, under new rules that trucking firms and experts say are crippling Japan's logistics sector and risk pushing up prices for consumers.

Boeing and workers reach tentative deal to end strike

Boeing and its striking Seattle-area workers have reached a tentative deal to end a more than month-long stoppage, the union said Saturday.

Blackout drags on for second day in Cuba

Cuba remained without electricity Saturday as a nationwide power outage dragged on for a second day.

Japan 'zombie' train spooks passengers ahead of Halloween

It's usually a serene two-and-a-half-hour ride on Japan's famously efficient bullet train. But the journey quickly descended into a zombie apocalypse, with passengers screaming in terror.

Netanyahu residence targeted as Hezbollah launches barrage at Israel

Israel said a drone targeted Prime Minister Benjamin Netanyahu's residence on Saturday, as Hezbollah launched a barrage of projectiles into Israel from its northern neighbour Lebanon.

Electricity blackout puts Cubans on edge

Cuban Tania Ramirez walks alone along Havana's famous Malecon promenade to relieve the stress wrought by the massive blackout that has plunged the entire island into darkness.

Power plant failure triggers blackout across cash-strapped Cuba

Cuba was plunged into a nationwide blackout Friday after the island's biggest power plant failed, the energy ministry said, coming on the heels of weeks of extended outages across the cash-strapped country.

US budget deficit widens to $1.8 tn, third highest on record

The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt.

Volkswacht Bodensee - Economy (English)