Volkswacht Bodensee

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Featured

Fitch downgrades France's credit rating in new debt blow

The Fitch agency downgraded France's credit rating on Friday, as President Emmanuel Macron struggles with political instability and disagreements on how to put the country's strained public finances in order.

Stocks hang onto gains as rate cuts in focus

Global stocks on Friday mostly held onto gains made earlier this week on expectations of a cut to US interest rates.

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Key OPEC+ members boost oil production

Eight key members of the OPEC+ alliance said Sunday they have agreed to again boost oil production, in a strategy analysts saw as a bid to gain a bigger market share of crude sales.

Pope declares 'God's influencer' first millennial saint

Tens of thousands of people gathered at the Vatican on Sunday as Pope Leo XIV proclaimed the Catholic Church's first millennial saint, an Italian teenager dubbed "God's Influencer" for his efforts to spread the faith online.

Seoul says over 300 South Koreans detained in US to be released

Seoul said Sunday that negotiations with the United States to secure the release of South Korean workers detained in an immigration raid have been "concluded" and they would soon be freed and flown home.

Huge crowds at the Vatican as teen becomes first millennial saint

Tens of thousands of people gathered at the Vatican on Sunday for the canonisation of an Italian teenager dubbed "God's Influencer" for his efforts to spread the Catholic faith online.

A 'real' movie fights back in anime-ruled Japan

Pensioner Shizue Kato didn't fancy the new "Demon Slayer" anime blockbuster and instead watched "Kokuho", a rare live action cinema hit in Japan, where animation rules.

Indonesia's delayed new capital risks 'white elephant' status

A year after it was inaugurated, Indonesia's would-be new capital Nusantara attracts tourists and construction workers, but most of its architecturally arresting presidential palace and freshly built avenues sit silent.

Tough negotiations and uncertainty ahead of OPEC+ meeting

Uncertainty loomed over what Saudi Arabia, Russia and six other key members of the OPEC+ alliance would decide on crude output in their meeting on Sunday, with analysts saying a production boost was also being considered.

Seoul says over 300 South Koreans held in US battery plant site raid

More than 300 South Koreans were among 475 people arrested by US immigration officials in a raid on a Hyundai-LG battery plant being built in the southern US state of Georgia, the foreign minister in Seoul said on Saturday.

Thousands expected to pay respects to Italian designer Giorgio Armani

Thousands of mourners from the fashion world and beyond are expected to pay homage on Saturday to Italian fashion giant Giorgio Armani, following his death aged 91.

EU massive fine against Google draws Trump threat

The EU on Friday slapped Google with a massive 2.95 billion euros ($3.47 billion) antitrust fine for favoring its own advertising services, drawing a furious rebuke from President Donald Trump and a threat of fresh tariffs against Europe.

US agents arrest 475 in raid on Hyundai-LG plant

South Koreans suspected of working in the United States illegally were the majority of the 475 people arrested in a raid on a Hyundai-LG battery plant being built in the southern state of Georgia, a US official said Friday.

Leo XIV inaugurates eco training centre near Rome

Pope Leo XIV inaugurated a new training centre devoted to sustainability on the outskirts of Rome on Friday, following in his predecessor Francis's efforts to champion the environment.

US jobs data boosts rate cut hopes but stocks slide

Weak US jobs data cemented expectations of an interest rate cut later this month on Friday but stocks slid on worries about the economic outlook and profit-taking.

Farage rallies faithful at hard-right Reform UK annual meet

British hard-right leader Nigel Farage rallied his insurgent Reform party at the start of its annual conference Friday, seizing on the Labour government's woes to insist his movement could seize power within two years.

Tesla proposes package for Musk that could top $1 trillion

Tesla unveiled on Friday a proposed compensation package for Elon Musk that could top $1 trillion if the controversial CEO delivers on his vision for stratospheric growth from new technologies.

Stocks rise, dollar drops as US jobs data boosts rate cut hopes

Stocks rose and the dollar slid Friday as a sharp slowdown in US hiring cemented expectations that the US Federal Reserve will resume cutting interest rates later this month.

US hiring weakens sharply in August as jobs market stalls

US job growth stalled in August while unemployment crept up to its highest level since 2021, in a closely watched report Friday after weak data earlier prompted President Donald Trump to fire a key economic official.

'Roblox' game to impose age controls this year

The publisher of "Roblox" has promised to set up age verification mechanisms, after allegations the video game massively popular with children and teens worldwide has fallen short on safety.

WHO backs weight-loss drugs, urges cheap generics

The World Health Organization recommended a range of blockbuster weight-loss drugs to treat diabetes and obesity globally for the first time on Friday, calling for cheap generic versions to be made available for people in developing countries.

US hiring significantly misses expectations as jobs market cools

The US economy added significantly fewer jobs than expected in August, government data showed on Friday, in a closely watched report after weak data earlier prompted President Donald Trump to fire a key economic official.

Hitwomen: how teen girls are being used in Sweden crime wars

Teenage girls are hiring themselves out as hitwomen in Sweden's organised crime wars, keen to prove they are more deadly and ruthless than young men, prosecutors say.

The massive debt behind France's political turmoil

France's growing debt pile is at the heart of the confidence vote that could topple the government of Prime Minister Francois Bayrou next week.

Stocks rise ahead of key US jobs data

Asian and European stock markets advanced on Friday ahead of a key US jobs report that will give insight into the Federal Reserve's path for interest rates.

Danish wind giant sues US government over project halt

Danish energy group Orsted has filed a lawsuit seeking to prevent the US government from blocking the construction of one of its wind farms that was nearing completion.

Asian, European markets rally ahead of US jobs data

Asian and European markets advanced on Friday, in line with a global equity rally ahead of a US jobs report that will give insight about the Federal Reserve's next move on interest rates.

German factory orders drop in new blow to economy

German industrial orders unexpectedly fell in July, official data showed Friday, the latest sign that Europe's long-struggling top economy remains stuck in the doldrums.

Cooling US jobs market in focus as political scrutiny heats up

US employment data on Friday is expected to confirm a cooled labor market, as companies pull back on hiring amid continued uncertainty over President Donald Trump's tariffs.

New recipes help Pakistani mothers ward off malnutrition

Clutching their hungry babies, a group of mothers mix a semolina dish under the guidance of a teacher, an attempt to curb malnutrition which affects nearly one in two children in Pakistan's south.

Asian markets rally as Chinese stocks selloff eases

Asian markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the country's financial regulators could intervene to slow the dumping.

'God's Influencer' to become first millennial saint

An Italian teenager dubbed "God's Influencer" for his efforts to spread the Catholic faith online will become the first millennial saint Sunday at a canonisation attended by thousands of pilgrims.

Farage grabs momentum, convenes hard-right Reform UK party

Nigel Farage's anti-immigration party Reform UK kicks off Britain's annual party conference season Friday, with the Brexit cheerleader and his buoyant supporters increasingly confident he could be Britain's next leader.

Trump signs order to lower US tariffs on Japan autos to 15%

US President Donald Trump signed an order Thursday to lower tariffs on Japanese autos, as Washington moves to implement its trade pact negotiated with Tokyo.

Volkswacht Bodensee - Economy (English)