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Mixed US auto sales in 2nd quarter amid high gas prices

Automakers reported a mixed batch of second-quarter US sales on Wednesday, revealing continued demand for trucks and large models despite rising gasoline prices due to the US-Iran war.

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.

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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.

China stocks rally fizzles on stimulus worries amid Asia retreat

Mainland Chinese markets rallied Tuesday but were well off their morning highs, while Hong Kong suffered its worst day in 16 years on disappointment at a lack of detail on Beijing's raft of economic stimulus announced last month.

China stocks rally peters out on stimulus worries amid Asia retreat

Mainland Chinese markets rallied Tuesday but were well off their morning highs, while Hong Kong tumbled as traders were left disappointed by a lack of detail on Beijing's raft of economic stimulus announced last month.

Taiwan's Foxconn says building world's largest 'superchip' plant

Taiwanese tech giant Foxconn said on Tuesday it is building the world's largest production plant for US hardware leader Nvidia's GB200 "superchips" that power artificial intelligence servers.

China holds off on fresh stimulus but 'confident' will hit growth target

China said on Tuesday it was "fully confident" of hitting its growth target this year but held off announcing more stimulus measures, leaving markets disappointed.

German suspect in 'Maddie' case faces verdict in sex crimes trial

The German convicted rapist and main suspect in the 2007 disappearance of British toddler Madeleine McCann on Tuesday faces a verdict on five other sex crime charges following a trial.

Top economic official 'confident' China will hit 2024 growth target

China's top economic planner said Tuesday that authorities were "fully confident" the country would hit its economic growth targets for the year, after last month announcing a series of stimulus measures that sent stock markets soaring.

Shanghai stocks soar to extend stimulus rally amid Asia-wide drop

Mainland Chinese stocks roared ahead Tuesday as traders returned from a week-long break to resume a blistering rally fuelled by a raft of measures aimed at reigniting the world's number two economy.

Will Tesla's robotaxi reveal live up to hype?

After years of talking up Tesla's prowess on autonomous driving, Elon Musk is set to host Thursday a much-hyped robotaxi event amid a mix of anticipation and skepticism.

Oil prices extend gains on Mideast tensions, Wall Street falls

Oil rose above $80 a barrel Monday on Middle East tensions while equities slid in New York as political and interest rate concerns dented the recent rally.

Oil prices extend gains on Mideast tensions, Wall Street slips

Oil rose above $80 Monday on Middle East tensions while equities slid in New York as political and interest rate concerns dented the recent rally.

Europe's asteroid mission Hera launches despite hurricane

Europe's Hera probe launched Monday on a mission to inspect the damage done by a NASA spacecraft when it smashed into an asteroid during the first test of Earth's planetary defences.

Oil prices extend gains on Mideast tensions, Wall Street retreats

Oil markets rose further Monday as tensions escalated in the Middle East one year after the deadly Hamas attacks on Israel, while stock markets diverged.

China to flesh out economic stimulus plans after bumper rally

Top Chinese economic policymakers are expected to flesh out a raft of growth-boosting policies on Tuesday, after the announcement of long-awaited stimulus measures last month sparked a blistering stock market rally.

Milton 'erratically' approaches Florida, likely to become major hurricane

Hurricane Milton was moving "erratically" through the Gulf of Mexico toward Florida on Monday, the US National Hurricane Center said, warning it will likely soon become a major hurricane.

Asian markets track Wall St rally on US jobs data

Asian markets rose Monday after a blockbuster US jobs report soothed any concerns about the world's top economy, while the dollar held gains with traders scaling back bets on another bumper interest rate cut.

Asian markets track Wall St rally on jobs data

Tunisia incumbent Saied set to win presidential vote: exit polls

Tunisia's incumbent President Kais Saied is set to win the country's presidential election with 89.2 percent support despite a low turnout, according to exit polls broadcast on national television Sunday after polls closed.

Tunisia voting ends as Saied eyes re-election with critics behind bars

Polls closed Sunday night in Tunisia after voting in a presidential election expected to see incumbent Kais Saied secure another five years in office while his main critics -- including one contender -- are behind bars.

Drowned by hurricane, remote N.Carolina towns now struggle for water

Nicole Crane, exhausted, tearful and unwashed after a week of searching for a neighbor swept away by the raging waters of Hurricane Helene, dreams of taking a shower.

Tunisia votes with Saied set for re-election

Voting began in Tunisia's presidential election on Sunday with no real opposition to incumbent Kais Saied, who is widely tipped to win as his most prominent critics are behind bars.

US trade chief defends tariff hikes when paired with investment

US Trade Representative Katherine Tai defended stiff tariff hikes against countries like China, arguing that paired with investment, they were a "legitimate and constructive" tool for re-invigorating domestic industries.

EU court blocks French ban on vegetable 'steak' labelling

A European court on Friday overturned a French government ban on makers of plant-based meats calling their products "steak" or "sausage", which Paris had imposed to protect livestock farmers.

US dockworkers return to ports after three-day strike

Thousands of dockworkers returned to work Friday, the day after a longshoremen's union reached a preliminary deal with shippers, ending a three-day strike weeks before the US presidential election.

DR Congo to begin mpox vaccination campaign Saturday in east

Democratic Republic of Congo, the epicentre of an mpox outbreak, will begin a vaccination campaign on Saturday, three days later than planned.

Meta must limit data use for targeted ads: EU court

Social media platforms such as Meta's Facebook must limit the use of personal data including someone's sexual orientation for targeted advertising, the European Union's top court ruled Friday.

Oil extends gains, jobs report lifts Wall Street

Oil prices rose further Friday on fears Israel could strike Iranian crude facilities, while global stock markets mostly advanced on signs of continued strength in the US economy.

US hiring soars past expectations in sign of resilient market

Hiring in the United States picked up significantly more than expected in September while the jobless rate crept lower, according to government data released Friday, offering relief to policymakers ahead of November's election.

As EU targets Chinese cars, European rivals sputter

As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear.

Top EU court finds against FIFA in key transfer market ruling

The EU's top court said on Friday some international football rules regulating player transfers are contrary to the bloc's laws, in a landmark decision that could shake up the system.

Oil extends gains, Hong Kong stocks resume rally

Oil prices rose further Friday as tensions mount in the Middle East, while Hong Kong's stock markets resumed a rally caused by China's recently-announced measures to stimulate its economy.

'A man provides': Ukrainian miners send families away as Russia advances

Yury Kozynets embraced his wife Alyona Gladkaya in front of the evacuation bus, just before it separated them, whisking her away from the under-fire Ukrainian city of Pokrovsk.

Volkswacht Bodensee - Economy (English)