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Featured

US strikes Iran after Hormuz attacks, Tehran threatens response

US forces launched strikes on Iran on Tuesday after three commercial vessels were attacked in the Strait of Hormuz, the US military said, sharply escalating a confrontation that has already shaken efforts to end the Middle East war.

US strikes Iran after Hormuz tanker attacks: military

Last news

US Army, Marine heads approved amid abortion standoff

The US Senate confirmed two generals as the new heads of the Army and Marine Corps on Thursday, filling senior military posts left open due to a lawmaker's opposition to Pentagon abortion access policies.

Inflation-battered Turkey hikes key rate to 20-year high

Turkey's central bank on Thursday raised its key lending rate to a 20-year high following a sudden turn towards conventional economics by President Recep Tayyip Erdogan.

UK's Sunak defends climate policy shift

Britain's Prime Minister Rishi Sunak on Thursday insisted he was "not slowing down efforts" to tackle climate change, a day after softening green policies aimed at achieving net zero carbon emissions by 2050.

US home sales continue downward trend as prices climb

Sales of US homes crept down further in August, industry data showed Thursday, as supply remained limited while mortgage rates stayed high.

Bank of England follows Fed in pausing rate hikes

The Bank of England left its key interest rate unchanged Thursday, snapping 14 straight hikes following a shock slowdown to UK inflation and one day after the US Federal Reserve also hit pause.

Bank of England freezes interest rates after 14 straight hikes

The Bank of England on Thursday held interest rates steady, snapping 14 straight hikes following a shock slowdown to UK inflation and one day after the US Federal Reserve also hit pause.

Stocks slide after raft of central bank rate moves

Global stocks sank Thursday after the US Federal Reserve hinted it could hike interest rates again this year to tame inflation and other central banks warned they were not done either.

Turkey hikes interest rate to 20-year high

Turkey's central bank on Thursday raised its key lending rate to a 20-year high following a sudden turn towards conventional economics by President Recep Tayyip Erdogan.

Japan broadcaster to acquire Hayao Miyazaki's Studio Ghibli

Hayao Miyazaki's celebrated Japanese animation house Studio Ghibli said Thursday it will be acquired by private broadcaster Nippon TV, citing his old age.

'Game of Thrones' author, other writers sue ChatGPT creator over copyrights

"Game of Thrones" author George RR Martin and other best-selling fiction writers have filed a class-action lawsuit against OpenAI, accusing the tech startup of violating their copyrights to fuel its generative AI chatbot ChatGPT.

Turkey expected to hike interest rate to 20-year high

Turkey's central bank was expected Thursday to dramatically raise its key interest rate for the second month running following a sudden turn towards conventional economics by President Recep Tayyip Erdogan.

Bank of England faces rate-hike dilemma

The Bank of England is expected to raise its key interest rate for a 15th straight time Thursday but the possibility of a pause has surfaced after a surprise dip in UK inflation.

King Charles to address French Senate after urging stronger France-UK ties

King Charles III on Thursday follows in his mother Queen Elizabeth II's footsteps by addressing lawmakers in the French upper chamber of parliament on the second day of a visit that has seen him urge stronger ties between the countries.

Dollar rallies, US stocks fall as Fed signals it could hike again in 2023

Wall Street stocks dropped and the dollar rallied Wednesday after the Federal Reserve kept interest rates unchanged, but signaled it could lift them again this year.

Ford reaches Canadian labor deal as US auto strike enters 6th day

The Canadian auto workers union has reached a tentative agreement with Ford, averting a strike as the labor group's US counterpart eyes expanding its ongoing stoppage to more plants.

Stocks advance as Fed looms, UK inflation dips

Wall Street and European stock markets rose Wednesday as traders gear up for an expected pause in the US Federal Reserve's interest rate hike campaign.

French Apple workers call strike on iPhone 15 debut

Workers at Apple stores in France are set to strike and disrupt the launch of the iPhone 15 in a battle over pay, trade unions told AFP on Wednesday.

Charles III welcomed in France for first visit as king

King Charles III on Wednesday began his first state visit to France as monarch, a rescheduled trip aimed at showing the fundamentals of the cross-Channel alliance remain strong despite a litany of political tensions after Brexit.

European stocks advance as Fed looms, UK inflation dips

European stocks rose Wednesday on a surprise slowdown in UK inflation and lower oil prices, as traders awaited a key US Federal Reserve interest rate call and shrugged off equity losses in Asia.

UK inflation in surprise drop to 18-month low

British inflation unexpectedly slowed in August, data showed Wednesday, hitting an 18-month low and sparking hope this week's widely-forecast interest rate hike by the Bank of England could be its last for now.

Gold and mercury, not books, for Venezuela's child miners

At 10 years old, Martin cannot read, but he is an old hand at detecting traces of the gold he and his young cousins dig for at an open-pit mine in southeastern Venezuela.

High-rises sweep Sao Paulo, but boom casts shadows

Worried by the surge of skyscrapers fast replacing the houses and historic buildings in her Sao Paulo neighborhood, Rosanne Brancatelli put up a sign on her street: "Don't take away our sun."

Taylor Swift takes on Hollywood

She already rules music, so now it's on to Tinseltown: Taylor Swift's concert documentary is poised to dominate the fall movie season, challenging the hegemony of film studios and consecrating her business empire.

Stocks diverge as oil touches 10-month high

Global stocks were mixed Tuesday ahead of a Federal Reserve decision as oil prices reached fresh multi-month peaks before pulling back.

US government at rising risk of shutdown with Congress in deadlock

The United States is less than two weeks away from a potential government shutdown, with the stakes increasing as lawmakers struggle to agree on a short-term spending bill.

Scientists find 'missing ingredient' for pink diamonds

Scientists said on Tuesday they have found the "missing ingredient" for pink diamonds, some of the world's most expensive stones due their rarity and beauty, and the discovery could help find more.

Canada warns India to treat Sikh slaying allegation seriously

Prime Minister Justin Trudeau on Tuesday demanded that India treat with "utmost seriousness" Canada's allegations of New Delhi's possible involvement in the slaying of a Sikh exile, a concern echoed by Washington.

London Fashion Week says sheer is back for spring, summer 2024

Transparent and revealing looks will make a comeback for spring and summer 2024, according to trends spotted at London Fashion Week, which wrapped up on Tuesday.

Google's AI chatbot goes personal tapping into Gmail

Google on Tuesday said it had integrated Gmail, YouTube and other tools into its Bard chatbot as the tech giants seek to persuade users that generative AI is useful and not dangerous or just a fad.

Chioma Nnadi to become head of British Vogue

Chioma Nnadi will replace Edward Enninful as head of editorial content for fashion magazine British Vogue, its publisher said Tuesday, becoming the first black woman to fill the coveted role.

US Fed starts interest rate meeting as traders predict a pause

The Federal Reserve began two days of interest rate deliberations Tuesday amid widespread expectation that it will pause rate hikes as it attempts to fight inflation without sinking the US economy.

Bangladesh bowler sorry for misogynist remarks: cricket board

A Bangladeshi cricketer has apologised for social media posts condemning working women but denied he was a misogynist because "his mother is a woman", the country's cricket board said Tuesday.

Volkswacht Bodensee - Economy (English)