Volkswacht Bodensee

French businessman takes over 2030 Winter Olympics amid leadership turmoil

High-flying businessman Geoffroy Roux de Bezieux was on Thursday unveiled as the new head of the organising committee of the 2030 Winter Olympics in the French Alps.

VW says 'no time to lose' to slash costs after 5.8 billion euro loss

German carmaker Volkswagen said Thursday that it needed to redouble cost-cutting efforts after its quarterly loss deepened to 5.8 billion euros ($6.5 billion) amid intense Chinese competition.

Stock markets diverge on corporate earnings, tech jitters

Stock markets diverged Thursday as investors weighed a fresh batch of corporate earnings against growing concerns over whether the global technology boom can be sustained.

Oil majors reap bumper profits as Mideast war drives prices

Oil and gas giants Shell and TotalEnergies on Thursday reported soaring quarterly net profits as the Middle East war pushed up hydrocarbon prices -- and the cost of living around the world.

TotalEnergies profit hits record on high oil prices

French oil and gas giant TotalEnergies said Thursday that its net profit hit a new record in the third quarter as the war in the Middle East pushed up hydrocarbon prices.

Taiwan says Pakistan briefly closed airspace to Taiwanese flights

Pakistan briefly closed its airspace to Taiwanese cargo and passenger flights, Taiwan said on Thursday, suspecting China of being behind the unprecedented move.

Afghanistan opium poppy cultivation surges despite Taliban govt ban: UN

Opium poppy cultivation in Afghanistan more than quadrupled in 2026 despite a Taliban government ban, the United Nations said Thursday, urging that impoverished farmers needed alternatives to the lucrative crop.

US Fed holds interest rates steady despite 'too high' inflation

The US Federal Reserve on Wednesday held interest rates steady, even as its Chairman Kevin Warsh said inflation remained "too high" but insisted that politics played no part in the central bank's decision not to continue raising rates days before crucial midterm elections.

Pioneering US labor leader Dolores Huerta dies at 96

Dolores Huerta, the US labor leader and civil rights icon whose union work changed the lives of migrant workers, has died, her family said Wednesday. She was 96.

Airbus aims for record deliveries despite disappointing quarter

European aircraft manufacturer Airbus said Wednesday its third quarter revenues dipped as it finished fewer planes, but insisted it would still deliver a record number this year.

US Fed holds interest rates steady despite surging inflation

The US Federal Reserve on Wednesday held interest rates steady, in line with market expectations, days ahead of crucial midterm elections where surging inflation has been a key issue.

Real Madrid, La Liga apology over Mbappe shows power of Chinese market

Faced with a widespread boycott in China following the controversy sparked by Kylian Mbappe's comments about Mao Zedong, Real Madrid added its own apology on Tuesday.

US labor leader Dolores Huerta dead: family

US labor leader and civil rights campaigner Dolores Huerta, whose union work with Cesar Chavez changed the lives of migrant workers, has died, her family said. She was 96.

'Cruise for life' strands passengers in Cambodia as operator goes bust

Around 200 passengers who paid to live on a cruise ship while travelling the world were abruptly left in Cambodia after the company ran out of money -- but passengers told AFP on Wednesday they had no regrets.

French firm Safran helps build aircraft wings of the future in UK factory

For the French aerospace company Safran the future runs through a century-old factory in Britain where it aims to manufacture mechanisms key for the folding wings that will enable the next-generation of Airbus planes to meet ambitious fuel reduction targets.

Canada hikes rates to contain oil price surge caused by Iran war

Canada's central bank raised its key interest rate to 2.5 percent Wednesday, as it tries to prevent an oil price surge caused by the Iran war from sparking broader inflation.

World Bank warns of worsening food insecurity as commodity prices soar

The World Bank on Wednesday warned that global commodity prices were set to increase by 23 percent by the end of 2026, with energy prices at four-year highs due to the war on Iran and food prices driven up by global conflicts and El Nino.

Nintendo producer 'all nervous' as Zelda classic remake hits shelves

He has been behind some of Nintendo's biggest hits, but producer Eiji Aonuma still feels "nervous" as he awaits players' reactions to the new Zelda video game, "Ocarina of Time" out November 5.

Billionaire Ambani's Jio soars in market debut after India's biggest IPO

Shares in India's Jio Platforms surged nearly 27 percent on its market debut Wednesday, after raising more than $3 billion in the country's biggest initial public offering.

Two hundred 'Cruise for life' passengers stranded in Cambodia

Around 200 passengers who paid to live on a cruise ship while travelling the world were abruptly left in a Cambodian port after the company ran out of money, an official said on Wednesday.

S.African activists push back on data centre rush

A little boy balanced a large bottle of water on his shoulder as he returned from a communal tap near land acquired by a major data centre developer in South Africa's water-scarce city of Cape Town.

Billionaire Ambani's Jio jumps 21% in market debut after record India IPO

Shares in India's Jio Platforms surged more than 21 percent on its market debut Wednesday, after raising more than $3 billion in the country's biggest initial public offering.

UK set for cautious budget as borrowing costs climb

Britain's finance minister John Healey will unveil his first budget Wednesday, as he juggles commitments to defence spending and easing household bills with little financial room to manoeuvre.

'They don't care about us': Trump food aid cuts leave Americans struggling and angry

Christine, a retired widow in Arizona, placed food staples in her cart at a charity food distribution event -- as she's had to do monthly since the Trump administration slashed federal food assistance programs.

US Fed expected to hold rates steady ahead of key midterm elections

The US Federal Reserve will announce a decision on setting interest rates on Wednesday, with markets expecting the central bank to hold steady days ahead of crucial midterm elections, despite surging inflation.

AI chip giant SK hynix says quarterly operating profit soars 630%

South Korean chip giant SK hynix said Wednesday its third-quarter operating profit soared 632 percent on-year, largely driven by the artificial intelligence industry's explosive demand for its advanced memory chips.

Charles tackles thorny legacy of slavery on Caribbean trip

King Charles III began a Caribbean tour in the Bahamas Tuesday where he acknowledged "the great suffering of the past" in the face of pressure to apologize for the slave trade.

Storied Paris department store seeks bankruptcy protection

Paris department store BHV Marais, which courted controversy last year with a partnership with Asian fast-fashion giant Shein, said Tuesday it had sought bankruptcy protection to protect its operations and jobs.

UN nuclear watchdog chief urges Iran to grant access

IAEA chief Rafael Grossi urged Iran during a UN Security Council meeting on Tuesday to grant immediate access to his agency so it can verify the Islamic republic's nuclear materials.

Boeing shares tumble after it releases cautious growth forecast

Boeing shares slumped around nine percent Tuesday as the company's cautious production growth timeframe surprised Wall Street, deepening questions about how fast recent plane certification and defense procurement wins will translate to the bottom line.

Boeing releases cautious growth plan as shares fall sharply