Volkswacht Bodensee

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Featured

7-Eleven exits India amid mounting competition

All 7-Eleven convenience stores in India shut down in September, according to its Japanese parent company on Tuesday, as media reported the retail giant struggled to compete with local rivals.

German factory orders plunge as recovery still fragile

German factory orders fell faster than expected in August, official data showed Tuesday, underscoring the fragility of a recovery in Europe's biggest economy.

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Asian markets bounce after tough week as US inflation looms

Asian markets rose Friday after falling for much of the week, with below-forecast US data injecting some fresh life into hopes the Federal Reserve will cut interest rates this year.

Young Cambodians fight to preserve ancient martial art

In a small Cambodian town near the banks of the Mekong River, law student Oeun Bunthav tenses his slender torso and steels himself for an elbow strike to his head.

Flood-hit Brazil businesses count losses, look to future

The thriving economy of southern Brazil has been brought to its knees by historic floods, with vast agricultural land unusable and factories paralyzed.

Jury in Trump trial reaches verdict

The jury in Donald Trump's hush money trial announced Thursday in a note to the court that it has reached a verdict, indicating that this would be delivered in less than an hour.

Oil giant Aramco says to offer shares worth over $10 bn on Saudi bourse

Oil giant Saudi Aramco said on Thursday it plans to sell 1.545 billion shares worth more than $10 billion in one of the biggest such offerings in recent years.

Tribute to late Iranian president at UN stirs anger

The UN General Assembly drew criticism Thursday for its tribute to the late Iranian president Ebrahim Raisi who died in a helicopter crash, with Washington boycotting the gathering.

Jury in Trump trial reviews evidence, resumes deliberations

Jurors returned Thursday to a second day of deliberations in Donald Trump's criminal trial with detailed requests to review portions of the evidence, leaving the Republican presidential candidate stuck awaiting his fate.

ANC on track to lose majority after watershed South Africa vote

South Africa's ruling ANC was on course to lose its 30-year-old unchallenged majority on Thursday after voters queued long into the night to cast their ballots, preliminary results and projections showed.

French pharmacists strike over pay and drug shortages

French pharmacists began their first walkout in 10 years on Thursday, closing up shop over drug shortages, low regulated prices, pharmacy closures and fears medications could be sold online.

Meta says generative AI deception held in check -- for now

Social media giant Meta says its bid to thwart coordinated disinformation campaigns created through ever-improving generative AI is working, despite widespread concerns.

US Democrats call for criminal probe into Big Oil price-fixing

Senate Majority Leader Chuck Schumer and nearly two dozen Democrats called on the Justice Department Thursday to investigate the oil and gas industry over allegations of price-fixing.

Stock markets diverge ahead of key inflation data

Stock markets diverged Thursday as traders awaited key inflation indicators that could determine the future direction of interest rates on both sides of the Atlantic.

Africa economic growth not enough to tackle poverty: AfDB

Africa's economy has shown resilience overall despite global conditions but growth needs to be in double digits to truly tackle poverty on the continent, the African Development Bank (AfDB) said on Thursday.

EU states agree 'prohibitive' tariffs on Russia grain imports

EU states agreed on Thursday to impose "prohibitive" duties on grain imports from Russia in a bid to cut off revenues to Moscow for its war on Ukraine.

European stock markets recover slightly

Europe's main stock markets inched higher Thursday, making up just some of the losses from the previous session when shares were hit by concerns that interest rates will stay high for an extended period.

Red Bull becomes Leeds sponsor and takes minority share in club

Red Bull has purchased a minority stake in Leeds United and will become the English second-tier football club's main shirt sponsor next season, it was announced Thursday.

Why has Russian wheat been entering the EU duty-free?

Since its invasion of Ukraine, Russia's grain exports have not only been spared by European Union sanctions, but even stayed free of tariffs -- a seeming anomaly the bloc has now agreed to rectify.

Taliban govt harbours big dreams for Afghan rail

On the edge of the Afghan border with Uzbekistan, where the railway abruptly stops, throngs of young men transfer sacks of wheat or flour from freight trains to trucks.

Markets extend losses with Wall St as rate hopes dim

Asian and European markets fell Thursday, with traders tracking losses on Wall Street fuelled by concerns over rising Treasury yields and fading hopes for US interest rate cuts.

Google to invest $2 bn in Malaysia: government

Google will invest $2 billion in Malaysia to house the firm's first data centre in the country, the government said Thursday, making it the latest tech titan to pump cash into the region in search of growth opportunities.

Iran iPhone users signal dismay over new models ban

At a Tehran cafe, Hamid waves his mobile around hoping to latch onto a faint signal and thus bypass Iran's stringent ban on the latest models of iPhone.

Boeing set to deliver plan to regulators on upgrading safety

Boeing is expected to deliver on Thursday a "comprehensive action plan" required by US air safety regulators after a near-catastrophic incident in January.

Asian markets extend losses with Wall St as rate hopes dim

Asian markets fell Thursday, with traders tracking losses on Wall Street fuelled by concerns over rising Treasury yields and fading hopes for US interest rate cuts.

Australia engaging with Ticketmaster over hacking 'incident'

The Australian government was on Thursday investigating claims by a hacking group to have stolen the details of 560 million customers from global events giant Ticketmaster, with the FBI offering its assistance.

'Come back': Champs-Elysees wants to win over Parisians

The Champs-Elysees, the iconic avenue sweeping through central Paris dotted with cafes and shops, connects the Place de la Concorde in the east with the Arc de Triomphe in the west in a single, breathtakingly straight line.

SE Asia gas expansion threatens green transition: report

Southeast Asia is on track to vastly expand its gas-fired power plant and liquid natural gas import capacity, threatening its green energy transition, a report warned Thursday.

Australia says engaging with Ticketmaster over hacking 'incident'

Australia's government said Thursday its cyber security office was "engaging" with US-based Ticketmaster after a hacking group claimed to have accessed the details of 560 million global customers.

Panama's first climate change displaced bid their island farewell

Some 1,200 members of a Panamanian Indigenous community, their island home threatened by rising sea levels, received new government-sponsored homes on the mainland Wednesday.

Trump criminal trial jury ends first day of deliberations

Jurors completed opening deliberations Wednesday on whether to convict Donald Trump in the first criminal trial of a former US president -- a decision that could upend the November's election, in which the Republican seeks to return to power.

Stocks slide, dollar gains as rate cut outlook dims

Stock markets fell Wednesday as investors locked in profits after indicators and comments from central bankers further dented hopes for interest rate cuts.

Long queues as S.Africa votes with ANC rule in balance

South Africans queued late into the night to vote Wednesday, forcing polling stations to remain open beyond closing time in a landmark general election, with the ruling ANC fighting to protect its three-decade-long grip on power.

American Airlines shares sink as it lowers demand outlook

Shares of American Airlines dove Wednesday after it lowered its profit outlook, citing weaker demand and a troubled booking system upgrade.

Volkswacht Bodensee - Economy (English)