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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.

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Indonesia biomass drive threatens key forests: report

Indonesia's push to add wood-burning to its energy mix and exports is driving deforestation, including in key habitats for endangered species such as orangutans, a report said Thursday.

Mumbai mourns Indian industrialist Ratan Tata

Crowds of mourners gathered in India's financial capital Mumbai on Thursday for the funeral of industrialist Ratan Tata, hailed as a "titan" who led one of the country's biggest conglomerates.

China opens $71 bn 'swap facility' to boost markets

China's central bank boosted support for markets Thursday by opening up tens of billions of dollars in liquidity for firms to buy stocks as part of a raft of measures by Beijing to kickstart the country's flagging economy.

Asian markets track Wall St record as Hong Kong, Shanghai stabilise

Asian markets tracked a record day on Wall Street Thursday, with Shanghai and Hong Kong supported by a Chinese central bank move to boost liquidity for major stock-buyers.

'Denying my potential': women at Japan's top university call out gender imbalance

Chika Ezure faced gender bias from her own family when deciding to do a master's degree at Japan's top-ranked university. After arriving on campus, she realised the resistance she faced as a woman was commonplace.

China's central bank says opens up $70.6 bn in liquidity to boost market

China's central bank boosted support for markets on Thursday as it launched a "swap facility" offering firms access to $70.6 billion in liquidity as Beijing seeks to raise confidence in the country's flagging economy.

Youth facing unprecedented wave of violence, UN envoy warns

Young people are facing an unprecedented wave of violence and sexual abuse driven by war, climate change, hunger, and displacement, the UN's special representative on violence against children has warned.

'A casino in every kitchen': Brazil's online gambling craze

Fernanda, a cleaner from Rio de Janeiro, lists off the items she sold to feed her online gambling addiction, one of millions of Brazilians caught in a betting craze that has swept the nation.

Discord seen as online home for renegades

Known for its appeal to online renegades, chat platform Discord finds itself in the crosshairs of Turkey and Russia.

Ratan Tata: Indian mogul who built a global powerhouse

Industrialist Ratan Tata, who has died aged 86, was credited with transforming India's Tata Group into a globally renowned conglomerate with a portfolio ranging from software to sports cars.

Indian business titan Ratan Tata dead at 86

Indian industrialist Ratan Tata, who is credited with transforming the Tata Group into a globally renowned conglomerate, has died at age 86, the company said late Wednesday.

Fed minutes highlight divisions over rate cut decision

The US Federal Reserve's rate-setting committee was divided during interest rate deliberations last month, although most members ultimately voted for a half percentage-point cut, according to minutes of the meeting published Wednesday.

Global stocks diverge as Chinese shares tumble

Wall Street shares steadied Wednesday as investors awaited new signals on interest rates but Chinese stocks tumbled on continued disappointment over a lack of fresh stimulus in the world's second biggest economy.

Creator's death no bar to new 'Dragon Ball' products

Fans of the "Dragon Ball" franchise are set to see a host of product launches in the coming weeks, including a new video game and animated series, despite the series creator having died this year.

Chinese stocks tumble on lack of fresh stimulus

Chinese stocks tumbled Wednesday on continued disappointment over a lack of fresh Chinese stimulus measures and scant detail on measures already unveiled.

Braving war: Lebanon's 'badass' airline defies odds

After narrowly escaping Israeli air strikes, Lebanese mother Tanaz Agha shared a picture taken from her plane window as she flew out of Beirut.

US weighs Google breakup in landmark trial

The US Department of Justice said on Tuesday it would demand that Google make profound changes to how it does business and even consider the possibility of a breakup, after the tech juggernaut was found to be running an illegal monopoly.

Chinese stocks tumble on stimulus upset, Asia tracks Wall St higher

Stocks in mainland China and Hong Kong tumbled Wednesday on another volatile day after Beijing disappointed investors over a lack of fresh stimulus and scant detail on its plans for implementing a raft of measures already unveiled.

7-Eleven owner confirms new takeover offer from Couche-Tard

The Japanese owner of 7-Eleven said on Wednesday it had received a "revised" takeover offer from Canadian rival Alimentation Couche-Tard after rejecting an initial bid worth around $40 billion.

Boeing suspends negotiations with striking workers

Boeing on Tuesday suspended negotiations with its striking workers as it accused the International Association of Machinists and Aerospace Workers (IAM) of making unreasonable demands and withdrew its offer.

7-Eleven owner's shares spike on report of new buyout offer

Shares in the Japanese owner of 7-Eleven surged Wednesday following reports that Canada's Alimentation Couche-Tard (ACT) had hiked its takeover offer by almost 20 percent.

Your 'local everything': what 7-Eleven buyout battle means for Japan

In Japan more is at stake than money in the mammoth takeover battle for 7-Eleven, the world's biggest convenience chain, by Canadian retail giant Alimentation Couche-Tard.

The US economy is solid: Why are voters gloomy?

Cooling inflation, low unemployment, robust economic growth and... downbeat voters.

Trump secretly sent Covid tests to Putin: Bob Woodward book

Then-president Donald Trump secretly sent Covid test kits to Vladimir Putin despite a US shortage during the pandemic, and spoke multiple times with the Russian leader after leaving office, says an explosive new book by Bob Woodward.

Boeing delivers 27 MAX jets in September despite strike

Boeing delivered 33 new aircraft to customers in September in spite of a labor strike of Seattle-area workers that has shuttered two major assembly plants, the company said Tuesday.

Stock markets diverge as Hong Kong sinks, oil prices fall

Oil prices fell and global stock markets diverged on Tuesday, with Hong Kong suffering its worst day in 16 years as China held off announcing fresh measures to boost its economy.

US trade gap narrowest in five months as imports slip

An uptick in exports and a fall in imports brought the August US trade deficit to its narrowest in five months, according to government data released Tuesday.

Geoffrey Hinton, soft-spoken godfather of AI

For a brief moment in spring last year, the bird-like features of bespectacled British-born researcher Geoffrey Hinton were poking out from TV screens across the world.

German 'Maddie' suspect could be free in 2025 after cleared of separate sex crimes

A German man named as the top suspect in the 2007 disappearance of British toddler Madeleine McCann was Tuesday cleared of all charges in an unrelated sex crimes trial, meaning he is set for release from prison next year.

China slaps provisional tariffs on EU brandy imports

China said on Tuesday it would impose provisional tariffs on brandy imported from the European Union, marking the latest salvo in an escalating trade row between Beijing and Brussels.

German 'Maddie' suspect could be free soon after cleared of separate sex crimes

The German convicted rapist and main suspect in the 2007 disappearance of British toddler Madeleine McCann was on Tuesday cleared of all charges in an unrelated sex crimes trial.

China says to take anti-dumping measures against EU brandy imports

China said on Tuesday it would impose anti-dumping measures on brandy imported from the European Union, marking the latest salvo in an escalating trade row between Beijing and Brussels.

Volkswacht Bodensee - Economy (English)