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German factory orders unexpectedly rebound in May

German industrial orders unexpectedly rebounded in May, official data showed Monday, but the government warned of continued headwinds due to "geopolitical uncertainty" from the Middle East war.

Sky strengthens UK streaming offer with ITV deal

Sky television on Monday said it had agreed to buy ITV's media and entertainment business for up to £1.6 billion ($2.1 billion), creating a heavyweight in UK streaming.

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Tesla to recall 1.6 mn cars in China to fix steering software: regulator

Tesla is recalling more than 1.6 million electric vehicles in China, the country's market regulator said Friday, owing to software issues that could pose safety risks while driving.

Markets mostly down ahead of US jobs as rate cut hopes fade

Asian and European stocks struggled Friday after a bigger-than-expected rise in US private-sector jobs poured cold water on hopes for an interest rate cut in the next few months.

Markets mixed ahead of US jobs as rate cut hopes fade

Asian stocks were mixed Friday after a bigger-than-expected rise in US private-sector jobs poured cold water on hopes for an interest rate cut in the next few months.

Israeli defence chief lays out post-war Gaza plan as fighting rages

Israel's defence minister has laid out for the first time preliminary plans for the post-war administration of Gaza, saying neither Israel nor Hamas will rule the Palestinian territory after hostilities there conclude.

Navajo object to depositing human remains on Moon

The United States will soon launch its first spacecraft to attempt a soft lunar landing since the Apollo era, in a historic collaboration with the private sector -- but not everyone is celebrating.

US stocks stumble as tech titans tumble

European stocks rebounded from losses at the start of the year on Thursday, while the picture in the US was mixed as investor enthusiasm for American tech giants continued to wane.

US auto sales boosted by price cuts in 2023

US vehicle sales got a boost from strong demand in 2023, due in part to attractive offers by automakers and dealers in the face of high interest rates and stubborn inflation.

Ford US vehicle sales neared two million in 2023

Auto giant Ford sold almost two million vehicles in the United States last year, the company said Thursday, buoyed by accelerating electric vehicle sales and continued growth in internal combustion engine trucks.

European, US stocks stage rebound

European and US stock indices rebounded Thursday following a series of losses at the beginning of the year over interest rate cut angst and geopolitical uncertainty.

Spain generated record 50% of power from renewables in 2023

Spain generated more than half of its electricity from renewable sources such as wind and solar power in 2023 in a "historic" record, the national power grid said Thursday.

UK party leaders kick off general election year

UK Prime Minister Rishi Sunak said on Thursday he had pencilled in later this year for a general election, as he and his main political rival to be Britain's next leader effectively kicked off campaigning.

Strikes shut doors at world-famous French monuments

Tourists travelling to visit historic French landmarks the Eiffel Tower and Normandy's Mont Saint Michel have found their doors closed for part of the past two weeks, as striking workers complain of underinvestment and too many visitors.

European, US stocks creep higher

Europe's major stock indices edged higher Thursday, while Wall Street opened mixed, following a series of losses at the beginning of the year.

US private sector hiring up more than expected in December

The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates.

German emissions at 70-year low as coal use drops

German emissions were at their lowest point in around 70 years, as Europe's largest economy managed to reduce its dependence on coal faster than expected, a study published Thursday showed.

German car sales up in 2023 but electric models lose ground

Sales of new cars in Germany increased in 2023, official data showed Thursday, but an end to government subsidy programmes saw electric vehicles lose ground on fossil-fuel models.

Russia hopes to wear down Ukraine with mass strikes: analysts

Russia's latest massive strikes against major Ukrainian cities aim at wearing out both the population and air defences, experts say, as Kyiv urges Western allies to provide more weapons.

TotalEnergies announces land review in controversial Africa projects

French energy giant TotalEnergies on Thursday said it had launched a land acquisition assessment for controversial $10-billion projects in Uganda and Tanzania slammed by environmentalists.

Private sector funding key to climate transition, World Bank chief says

The World Bank is working to slash how long it takes to get financing projects off the ground as part of a push to speed up and scale up the 79-year-old development lender, its president told AFP on Wednesday.

US interest rates likely to stay high 'for some time': Fed minutes

US Federal Reserve officials expect interest rates will need to remain high "for some time" to tackle stubborn inflation, according to minutes of the most recent rate decision published on Wednesday.

Republicans push impeachment of Biden immigration chief

US Republicans announced impeachment proceedings Wednesday against Joe Biden's homeland security chief over the worsening border crisis, as they seek to cement immigration as a major issue in November's presidential election.

Migrant arrivals in Spain nearly doubled in 2023

The number of migrants arriving illegally in Spain soared by over 80 percent in 2023, with a record number landing in the Canary Islands, official figures showed Wednesday.

GM rides 'strong demand' to grow US auto sales

US automaker General Motors reported Wednesday a jump in vehicle sales for 2023, citing robust demand in a year also boosted by easing supply issues.

Oil prices jump, stocks slump after Iran blasts

Global markets were rattled Wednesday as blasts in Iran that killed at least 103 fanned fears of the war between Israel and Hamas spreading further.

Ethiopia defends Somaliland deal as Somalis protest

Ethiopia insisted on Wednesday that its controversial deal with the breakaway region of Somaliland broke no laws after Somalia accused its neighbour of a blatant attack on its sovereignty.

Algerian football international Atal convicted over Gaza post

Algerian international footballer Youcef Atal was handed an eight-month suspended sentence by a French court Wednesday for inciting religious hatred in a social media post about the conflict in Gaza.

Global stocks mostly retreat

Asian and European stock markets mostly fell Wednesday as traders took cash off the table after a blockbuster end to 2023, with eyes now on the release this week of US Federal Reserve minutes and jobs data.

French oyster sales clam up as contamination scare spreads

When Philippe Le Gal brought his oysters to market this weekend, he expected them to sell quickly. It was, after all, New Year's Eve, a day when the delicacies are a crucial ingredient for champagne-soaked celebrations in French homes and restaurants.

Doctors in England start longest strike in NHS history

Hospital doctors in England on Wednesday began their longest consecutive strike in the seven-decade history of Britain's National Health Service (NHS).

Fears in Wales over legacy of its coalmining past

It was nearly four years ago but the memory of the landslip that sent 60,000 tonnes of old mining debris sliding down a Welsh hillside still haunts former miner Jeff Coombes.

Doctors in England to hold longest NHS strike ever

Hospital doctors in England on Wednesday begin their longest consecutive strike in the seven-decade history of Britain's National Health Service (NHS).

BYD: Chinese electric vehicle giant that has overtaken Tesla on sales

China's BYD has overtaken US electric vehicle giant Tesla as the world's leading EV deliverer, according to recent sales figures.

Volkswacht Bodensee - Economy (English)