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Featured

MEXC Adds Nine Ondo Tokenized Stock and ETF Trading Pairs Tied to AI Infrastructure Demand

MEXC, a pioneer in 0-fee digital asset trading, will add nine Ondo tokenized stock and ETF trading pairs to its spot market, the latest expansion of ongoing collaboration with Ondo Finance. The new pairs cover companies across the data center, semiconductor and power supply chains linked to growing AI infrastructure demand, expanding the range of tokenized U.S. equities available to users and providing on-chain exposure to a sector at the center of the current AI infrastructure buildout.

Apple loses challenge against EU digital competition rules

Apple lost its bid to escape digital competition rules after an EU court on Wednesday rejected the US giant's challenge.

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Amazon profit beats expectations on booming sales

Amazon on Thursday reported a quarterly profit that trounced market expectations, driven by strong sales helped by its annual Prime discount event.

Left faces up-hill battle for minimum wage in Italy

Security guard Aurelio Bocchi takes home just under four euros an hour in northern Italy, a paltry sum on which, he says, "we don't live, we survive".

Saudi extends 1m bpd oil output cut: energy ministry

Saudi Arabia announced Thursday it is extending a voluntary oil production cut of one million barrels per day for another month, keeping up its campaign to prop up prices.

BoE hikes rate 14th time in row on high UK inflation

The Bank of England on Thursday hiked its key interest rate for a 14th time in a row, by a quarter-point to 5.25 percent as UK inflation stays high, prolonging a cost-of-living crisis.

Adidas books profit as it sells off Kanye inventory

Adidas said Thursday it booked a profit in the second quarter, showing tentative signs of recovery as it sells off its huge inventory of rapper Kanye West's Yeezy merchandise.

Nigerian workers suspend strike over cost of living crisis

Nigerian workers have suspended a nationwide strike over the rising cost of living following the removal of a petrol subsidy scheme, the government and union leaders said Thursday.

Stocks markets extend losses on US credit downgrade

Major stock markets mostly slid further Thursday as traders moved out of riskier assets and into havens such as bonds, the dollar and yen after Fitch this week stripped the United States of its top credit rating.

Turkish inflation ticks up in July at 47.83 percent

Turkey's annual inflation climbed in July to 47.83 percent, up sharply from 38.2 percent, official data showed on Thursday, a week after the central bank more than doubled its year-end forecast.

Stocks struggle to recover from selloff, Fed rate fears linger

Asian markets fluctuated Thursday following a plunge on Wall Street as a forecast-beating US jobs report revived worries about the Federal Reserve's interest rate-hiking campaign.

Japan's elderly 'gateball' players unbeaten by the heat

Under a scorching sun in Tokyo, octogenarian Katsuko Morita swings her mallet and whacks a ball through a small "gate". The diehard gateballer plays almost every day, even when the mercury soars.

Traders struggle to recover from selloff as Fed rate fears linger

Asian markets fluctuated Thursday following a plunge on Wall Street as a forecast-beating US jobs report revived worries about the Federal Reserve's interest rate-hiking campaign.

BoE set for fresh rate hike as UK inflation stays high

The Bank of England is set to raise its key interest rate for a 14th time in a row Thursday as UK inflation stays high, adding to a cost-of-living crisis.

X, the former Twitter, lets users hide once-vaunted blue check

Users on the social media platform X, formerly known as Twitter, will now be allowed to hide their once-prized blue check marks, the company says.

Global stock markets slump after US ratings downgrade

Global stock markets slumped Wednesday after Fitch stripped the United States of its top credit rating, citing a growing federal debt burden and an "erosion of governance."

US credit downgrade 'entirely unwarranted': Yellen

A US credit downgrade by Fitch was "entirely unwarranted," Treasury Secretary Janet Yellen said Wednesday, pushing back against the second-ever decrease by a major ratings agency following repeated debt limit standoffs in Washington.

Canada PM Trudeau and wife announce separation

Canadian Prime Minister Justin Trudeau announced Wednesday that he and his wife of 18 years, Sophie Gregoire-Trudeau, are separating.

Wizz Air orders 75 more Airbus A321neos

Hungarian low-cost airline Wizz Air has ordered another 75 A321neo aircraft, Airbus said Wednesday, in a deal worth $10 billion at list prices.

Stock markets slump after US ratings downgrade

Global stock markets slumped Wednesday after the United States had its top credit rating downgraded by Fitch.

US private hiring hotter than expected despite July easing

Hiring in the US private sector decelerated in July but was nearly twice as high as analysts expected according to payroll firm ADP on Wednesday, signaling strength in the jobs market.

Romania Black Sea port braces for more Ukrainian grain

At the deepest berth of the Black Sea in the Romanian port of Constanta, the belly of a massive cargo ship bound for Belgium is fed tonnes of rapeseed through a huge steel hose as more vessels queue up.

Action demanded as rough sleeping numbers surge in London

An increasing number of people are sleeping rough on the streets of London with campaigners calling on the British government to tackle the "root causes" of the problem.

Stock markets slide after US downgrade

Asian and European stock markets slumped Wednesday after the United States had its top credit rating downgraded by Fitch.

Markets drop as US downgrade jolts latest rally

Asian and European markets followed Wall Street lower Wednesday as the wind came out of the latest rally, with traders jolted by the downgrade of US sovereign debt, soft economic data and concerns about elevated valuations.

Less power, lower emissions: improving AC technology

With air conditioner demand surging, scientists are looking for ways to improve the energy efficiency of cooling systems and limit damaging emissions that accelerate global warming.

Asian markets drop as US downgrade jolts latest rally

Asian markets followed Wall Street lower Wednesday as the wind came out of the latest rally, with traders jolted by the downgrade of US sovereign debt, soft economic data and concerns about elevated valuations.

Tunisia president dismisses PM as country faces 'colossal challenges'

Tunisian President Kais Saied sacked Prime Minister Najla Bouden without explanation Tuesday night and replaced her with former central bank executive Ahmed Hachani, whom he tasked with overcoming the "colossal challenges" facing the cash-strapped North African country.

Fitch downgrades US credit rating after debt limit standoffs

Fitch downgraded the United States' top-tier credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.

AI could halve time reading breast cancer scans, study suggests

Artificial intelligence could help almost halve the workload of radiologists when it comes to searching routine scans for signs of breast cancer, a large Swedish study suggested on Wednesday.

US House panel probes BlackRock, MSCI on China investment flow

US lawmakers are probing American investment flows facilitated by BlackRock and MSCI to Chinese companies that Washington has sanctioned, a congressional panel announced Tuesday.

US family reaches deal over cells harvested in 1950s

A US biotechnology company has reached a settlement with the family of Henrietta Lacks, an African-American woman whose cells were used for groundbreaking medical research without her consent.

Birkenstock plans to step into stock market: reports

The owners of Birkenstock are planning an initial public offering as soon as September that could value the German sandal maker at more than $8 billion, reports said Tuesday.

Caterpillar results boosted by strong demand, pricing

Caterpillar reported strong second-quarter profits Tuesday behind robust demand for industrial equipment and an improving cost environment that boosted profit margins.

Volkswacht Bodensee - Economy (English)