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US Fed chair says committed to combatting 'too high' prices

US Federal Reserve Chair Kevin Warsh said Wednesday the central bank was committed to fighting "too high" prices, as inflation fuelled by the US war on Iran surges through the world's largest economy.

Trump defends earning more than $1bn on crypto

US President Donald Trump on Wednesday defended earning around $1.2 billion from his family's cryptocurrency activities last year, saying "everybody's profiting" from his time in power.

Last news

Oil prices fall on reports Israel will not strike Iran supply facilities

Oil prices tumbled Tuesday on reports that Israeli Prime Minister Benjamin Netanyahu told US President Joe Biden he would not strike Iran's crude or nuclear facilities.

US holiday spending to approach $1 tn: Retail Federation

US consumers are expected to spend close to $1 trillion during the winter holiday season, a slight uptick from the year prior, the National Retail Federation (NRF) said Tuesday.

Turkish govt delays tax plan to fund defence industry

The Turkish government on Tuesday postponed until 2025 a parliamentary debate on a proposed tax on credit cards, which it sought to fund the arms industry as conflict rages in its neighbourhood.

Russia, China step up cybercriminal recruitment, warns Microsoft

Russia, China and North Korea are becoming more aggressive and sophisticated in their recruitment of cybercriminals to steal money, gain intelligence and sway elections, Microsoft said in a threat report released Tuesday.

Boeing to raise up to $25 bn as strike weighs on finances

US aircraft manufacturer Boeing unveiled measures meant to replenish its cash flow Tuesday, including an intention to raise up to $25 billion, as it navigates recurrent production problems and a major US strike.

Oil prices fall on easing Middle East fears

Oil prices tumbled Tuesday on reports that Israeli Prime Minister Benjamin Netanyahu told US President Joe Biden he would not strike Iran's crude or nuclear facilities.

Boeing announces intention to raise up to $25 bn

US aircraft manufacturer Boeing on Tuesday unveiled measures meant to replenish its cash flow, including its intention to raise up to $25 billion, as it navigates recurrent production problems and a major US strike.

Ferguson to leave Man Utd ambassador role as club cuts costs

Alex Ferguson is leaving his reported £2 million-a-year ($2.6m) ambassador role with Manchester United at the end of the season as part of a cost-cutting exercise.

Oil prices tumble on easing Middle East fears

Oil prices tumbled more than five percent Tuesday after a report said Israeli Prime Minister Benjamin Netanyahu told US President Joe Biden he would not strike Iran's crude or nuclear facilities.

Oil prices hit by easing Middle East fears, most Asian markets rise

Oil prices tumbled Tuesday after a report said Israeli Prime Minister Benjamin Netanyahu had told US President Joe Biden he would not strike Iran's crude or nuclear facilities in retaliation for a missile attack earlier this month.

Hopes pinned on peace across Taiwan Strait after drills

People on both sides of the fraught Taiwan Strait pinned their hopes this week on peace, after Beijing launched military drills around the self-ruled island.

Belgian pathologist and literary star gives 'voice to the dead'

Forensic pathologist Philippe Boxho likes to ask people "why shouldn't we laugh about death?". But gallows humour is just one of the ingredients that the surprise literary sensation brings to his macabre line of storytelling.

Oil prices drop on easing fears over Middle East, most markets rise

Oil prices extended losses Tuesday after a report said Israeli Prime Minister Benjamin Netanyahu had told US President Joe Biden he would not strike Iran's crude or nuclear facilities in retaliation for a missile attack earlier this month.

Wall Street stocks hit fresh records as oil prices slide

Global markets shrugged off Monday's weak data from China, with some major indices hitting fresh records as traders looked ahead to corporate earnings later this week.

Strike-hit Boeing leaves experts puzzled by strategy

A historic round of cost-cutting measures at Boeing has left experts perplexed and wondering whether the aviation giant, plagued by a month-long strike, is sacrificing its future.

EVs seek to regain sales momentum at Paris Motor Show

European and Chinese automakers faced off at the Paris Motor Show on Monday as they seek to make electric vehicles affordable for the broader public as the sector faces stalling sales in many countries.

'Unsustainable' housing crisis bedevils Spain's socialist govt

Spain's acute housing crisis is piling pressure on Socialist Prime Minister Pedro Sanchez as his government's measures yield few results and frustration boils over among beleaguered citizens.

Stocks shrug off China disappointment but oil slides

Major stock markets shrugged off weak data from China on Monday following a pledge by the country's finance minister to boost the world's second-biggest economy, but oil prices fell.

Stocks diverge, oil retreats as China disappoints markets

Major stock markets diverged and oil prices fell more than two percent Monday as traders reacted to more weak data from China following a pledge by the country's finance minister to boost the world's second-biggest economy.

Shanghai stocks gain after stimulus briefing as markets rally

Shanghai stocks rose on Monday as traders digested a pledge by China's finance minister to provide more help for the country's struggling economy, while most other markets tracked another record day on Wall Street.

Shanghai stocks gain after stimulus briefing as Asian markets rally

Shanghai stocks rose Monday as traders digested a pledge by China's finance minister to provide more help for the country's struggling economy, while most other Asian markets tracked another record day on Wall Street.

With inflation down, ECB eyes faster tempo of rate cuts

The European Central Bank is expected to lower interest rates again this week as anxiety about inflation in the eurozone fades and concerns over sluggish growth mount.

Bangladeshi Hindus shrug off attack worries to celebrate festival

In Muslim-majority Bangladesh, vast crowds celebrate the biggest Hindu festival of the year under tight security, after a spate of attacks against the minority following the ouster of the autocratic premier.

Ubisoft fears assassin's hit over falling sales

Ubisoft's battle to maintain its share price has become almost as epic as its "Assassin's Creed" franchise as the video game giant confronts stuttering sales, buyout rumours, and now a strike that starts Tuesday.

Vietnam, China hold talks on calming South China Sea tensions

Vietnam and China agreed to calm tensions in their South China Sea dispute, Vietnamese state media reported on Sunday, days after Hanoi accused Beijing of a "brutal" attack on its fishermen.

'Little Gregory' murder haunts France 40 years on

Gregory Villemin was four years old when he was murdered on an autumn day in 1984, his hands and feet tied when his body was found in a river in eastern France.

Tariffs, tax cuts, energy: What is in Trump's economic plan?

Republican presidential candidate Donald Trump wants to bring back US manufacturing and lower costs, relying on tariffs to boost US coffers and exert pressure on other countries -- but the reality is less straightforward.

With medical report Harris seeks to play health card against Trump

Democratic White House candidate Kamala Harris is in "excellent health" and fit for the presidency, according to a medical report published by the White House Saturday, as she aims to put pressure on rival Donald Trump to publish his own health records.

China-EU EV tariff talks in Brussels end with 'major differences': Beijing

The latest negotiations over European Union tariffs on Chinese electric vehicles ended in Brussels with "major differences" remaining, Beijing's commerce ministry said Saturday.

Harris to release medical report confirming fitness for presidency: campaign

Democratic White House candidate Kamala Harris will release a medical report Saturday confirming her fitness to be president, her campaign said, aiming to put pressure on rival Donald Trump to publish his own health records.

China offers $325 bn in fiscal stimulus for ailing economy

China said Saturday it will make $325 billion in fiscal support available to its economy over the next three months, offering help to bolster banks, shore up the property market and free up consumption spending in Beijing's biggest aid programme since the global financial crisis.

Small Quebec company dominates one part of NHL hockey: jerseys

As a sport that involves men colliding at high speeds, bare-knuckle brawls, and a fair number of players with missing front teeth, ice hockey is not commonly linked to high fashion.

Volkswacht Bodensee - Economy (English)