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Hormuz ship traffic climbs after war deal: trackers

Shipping traffic through the Strait of Hormuz rose to its busiest in two months after a deal to halt the US-Iran war, maritime trackers said on Friday.

Oil edges back up, shares steady after US-Iran talks postponed

Oil prices edged back up and stock markets stabilised Friday after postponement of US-Iran peace deal talks.

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LVMH sales feel impact from war

Sales at the world's leading luxury group, LVMH, fell six percent in the first quarter of the year as the war in the Middle East depressed business in the region.

French court gives teacher suspended sentence over pupil's suicide

A French court Monday handed a suspended one-year jail sentence to a teacher for bullying an 11-year-old pupil who killed herself in 2019, in a rare such verdict in the country.

French court jails Lafarge ex-CEO for funding IS in Syria

A French court on Monday fined the cement group Lafarge over $1.3 million and sentenced its former boss to six years in prison for paying protection money to the Islamic State group and other jihadists to maintain its business in war-torn Syria.

Oil surges, stocks drop as Trump threatens to block Hormuz

Oil prices surged and stock markets broadly fell Monday after US-Iran peace talks broke down and President Donald Trump announced a plan to block the strategic Strait of Hormuz, ratcheting up fears for Middle East energy supplies.

'Help me!': family's anguish over Equatorial Guinean lured into Ukraine war

A desperate voice crackled down the phone -- Mariano Nkogo Mba Nchama's 22-year-old son pleaded for help to get home to Equatorial Guinea from Ukraine, where he is fighting for the Russian army.

Germany unveils 1.6 bn euro fuel price relief to tackle energy shock

Germany on Monday unveiled 1.6 billion euros ($1.9 billion) in fuel price relief for households and businesses struggling with the energy shock unleashed by the Middle East war.

Australia names Coyle first woman to lead army

A woman will command Australia's army for the first time since its founding 125 years ago, Defence Minister Richard Marles said Monday as he unveiled the "deeply historic" appointment.

Spain's Sanchez calls China trade imbalance with EU 'unsustainable'

Spanish Prime Minister Pedro Sanchez called China's trade imbalance with the European Union "unsustainable" on Monday, as he began a three-day visit to Beijing where he hopes to strengthen economic ties.

Oil surges, stocks fall as Trump says to blockade Strait of Hormuz

Oil prices surged and stocks sank Monday after US-Iran peace talks fell apart and Donald Trump announced a blockade of the strategic Strait of Hormuz, adding to fears of energy supplies from the Middle East.

Trump orders US naval blockade of Strait of Hormuz

President Donald Trump on Sunday ordered a US naval blockade of the Strait of Hormuz in response to Iran's "unyielding" refusal to give up its nuclear ambitions during failed peace talks in Islamabad.

'Stop hiring humans'? Silicon Valley confronts AI job panic

AI industry insiders want workers to code smarter, think harder and lean into their humanity -- but still dodge the question of how many jobs artificial intelligence will destroy.

US warships transit Strait of Hormuz in mine clearance op

Two US Navy warships have transited the Strait of Hormuz to begin clearing the strategic waterway of mines laid by Iran, US Central Command said Saturday -- a claim denied by Tehran.

In Europe first, Netherlands to allow Teslas to self-drive

In a first for Europe, the Netherlands is poised to allow Tesla owners to use their car's self-driving feature -- as long as they are in the vehicle and keeping a watchful eye over it.

Iran, Lebanon bore brunt of missiles and drones launched during war

Some three-quarters of the airstrikes during the Middle East war targeted sites in Iran or Lebanon, according to an AFP analysis of data from ACLED, a non‑profit that tracks political violence worldwide.

Iran, US to hold peace talks overshadowed by mutual mistrust

Iran and the United States were scheduled to hold peace talks in Pakistan on Saturday with the foes appearing to be far apart on key demands and expressing mutual mistrust.

Small US farm copes with fuel hikes from Mideast war

An hour's drive north of New York City, the greenhouses at Cropsey Farm are seeing their first leaves of kale, spinach and arugula emerge. But the farmer who runs the outfit is obsessed with something else: the soaring price of fuel.

Djibouti leader claims sixth straight term

Djibouti's President Ismail Omar Guelleh on Saturday claimed victory in an election that secured a sixth straight term in the strategically placed Horn of Africa nation.

Stocks up, oil down over week on guarded optimism for Iran

Wall Street stocks rose sharply over the week and oil prices fell as a fragile truce was struck between the United States and Iran, with ceasefire talks due to start in Islamabad on Saturday.

OpenAI CEO's California home hit by Molotov cocktail, man arrested

The luxury San Francisco home of OpenAI boss Sam Altman was hit by a Molotov cocktail on Friday, the company said, as police announced the arrest of a suspect.

Michael Jackson fans swarm Berlin for biopic premiere

Thousands of Michael Jackson fans descended on Berlin on Friday for the premiere of a new biopic about the "King of Pop", undeterred by child sex abuse allegations that continue to haunt the star.

War's impact on fertilisers stirs food producer fears

Even as Gulf tanker traffic slowly resumes, the road back to normal food production will be long and arduous, given the war's impact on fertiliser supplies, the UN has warned.

US inflation surges to 3.3% as Iran war impact bites

Inflation in the United States rose sharply in March, government data showed Wednesday, as higher energy prices due to the war in the Middle East hit Americans hard.

Pay fears grow for US security workers in shutdown

Thousands of US homeland security employees are facing growing uncertainty over their pay after being told Friday's check could be their last until a record-long partial government shutdown is ended.

US inflation surges 3.3% as Iran war impact bites

Inflation in the United States rose sharply in March, government data showed Wednesday, as higher energy prices due to the war in the Middle East hit Americans hard.

Stocks climb, oil steadies on guarded optimism over Iran war ceasefire

Stock markets rose and oil prices flattened Friday with investors nervously optimistic about the shaky US-Iran ceasefire holding ahead of weekend talks aimed at finding a long-lasting truce.

Irish govt to meet farmers, hauliers over fuel cost fears

The Irish government was set to hold talks Friday with agricultural and haulage representatives, as days of protests over spiralling fuel prices sparked warnings over supplies, including for emergency services.

Oil spill snarls shipping traffic in Antwerp port

Shipping was at a near-standstill in Belgium's port of Antwerp on Friday following an overnight oil spill, Europe's second-biggest port said as it raced to contain the risks of pollution and economic damage.

Pakistan prepares to host US-Iran talks, as Lebanon fighting continues

Pakistan was poised on Friday to host Iranian and US delegations for negotiations in its capital, although Tehran's participation remained uncertain after deadly Israeli strikes on Lebanon threatened this week's temporary truce.

Vaccine gaps fuel Bangladesh's deadly measles crisis

Rocking her baby to soothe his searing pain and gasping breaths, 18-year-old Rubia Akhtar Brishti recounts how her son nearly died in Bangladesh's deadly measles outbreak.

Stocks rally on optimism over Iran war ceasefire, oil extends gains

Stocks rose Friday with investors still optimistic about the shaky ceasefire in the US-Iran war ahead of planned weekend talks, though oil prices extended gains over worries Israel's continued attacks on Lebanon could shatter the peace process.

New Jersey city spurns data center as defiance spreads

Residents of a New Jersey city mobilized within days to kill a planned data center -- and now activists nationwide want to know how they did it.

US to host Israel-Lebanon talks as strikes threaten Iran ceasefire

Israel and Lebanon will hold talks in Washington next week, a State Department official said Thursday, amid mounting international concerns that Israel's bombings could shatter an already fragile US-Iran ceasefire.

Volkswacht Bodensee - Economy (English)