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Featured

UN maritime head urges halt to Hormuz transit to protect seafarers

The head of the International Maritime Organization said Wednesday the 6,000 seafarers still stranded in the Gulf must not be put in unnecessary danger by crossing the Strait of Hormuz amid fresh US-Iran attacks.

Air Canada taps new CEO to replace chief who couldn't speak French

Air Canada named a new CEO on Wednesday to replace Michael Rousseau, who announced his retirement following controversy over his failure to issue condolences both in English and French after a fatal airport disaster.

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Turkey's Sweden demand rocks NATO unity ahead of summit

NATO's united front at a summit focused on helping Ukraine defeat Russia and Kyiv's push to join the alliance was undermined Monday by a shock Turkish ultimatum on Sweden's membership bid.

Rescuers save 86 migrants from boat near Canary Isles

Spain's coastguard said Monday it rescued 86 migrants from sub-Saharan Africa from a boat near the Canary Islands that had been spotted earlier in the day by a rescue plane.

Transfer of crude from tanker off Yemen to start next week: UN

The transfer of crude oil from a decaying tanker off Yemen will begin early next week, the United Nations said Monday of an operation aimed at preventing a damaging Red Sea spill.

Top US Marines job unfilled as senator stalls nominations

The head of the US Marine Corps stepped down Monday, leaving the famed service without a confirmed long-term leader as America's bitter political feud over abortion hampers the approval of scores of military nominees.

US Fed official calls for increase to bank capital requirements

A senior Federal Reserve official has proposed raising capital requirements for large US banks as part of a "comprehensive" series of measures to tighten banking regulation and supervision.

Stock markets advance as traders track China news, await US data

Major stock markets largely climbed Monday tracking more weak data from China and hopes that the country had ended a long-running crackdown on the tech sector.

HRW says TotalEnergies oil project 'a disaster' for Ugandans

Human Rights Watch (HRW) on Monday urged a halt to a major East African oil project led by French giant TotalEnergies, warning of dire consequences for the environment and local communities.

Stock markets climb as traders track China news

Major stock markets largely climbed Monday tracking more weak data from China and hopes that the country had ended a long-running crackdown on the tech sector.

UK telecoms firm BT announces exit of chief executive

British telecoms group BT on Monday announced the departure of chief executive Philip Jansen, two months after the group axed up to 55,000 jobs to slash costs.

Birds or rivers on euro notes? Europeans can weigh in

The European Central Bank launched a survey Monday asking citizens to weigh in on the redesign of euro banknotes, with rivers, birds and European culture among the shortlisted themes.

Auditors say French govt must rein in decried consultancies

France's government must further rein in sometimes "inappropriate" hiring of consultancies, the country's Court of Auditors said Monday, responding to public outcry over an issue that hobbled President Emmanuel Macron's reelection campaign last year.

Twitter rival Threads signs up 100 million users in five days

The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, data tracking websites said on Monday, smashing the record of AI tool ChatGPT for fastest-growing consumer app.

Egypt annual inflation at record 36.8% in June

Annual inflation in Egypt hit 36.8 percent in June, official figures showed on Monday, an all-time high for the country grappling with a punishing economic crisis.

Tech rally lifts Hong Kong but Asia rally stutters on China data

Hong Kong rose Monday on hopes Beijing has ended its long-running crackdown on the tech sector but an early Asia-wide rally was staunched by inflation data showing further weakness in China's economy.

Japan's macho cheerleaders fight to save a tradition

They are drenched in sweat, their hands bloodied from clapping, and their voices hoarse from shouting -- meet Japan's predominantly male and unashamedly macho "leadership section" cheerleaders.

Tech rally helps Hong Kong lead most Asia markets higher

Hong Kong led gains in most Asian markets Monday on hopes China has ended its long-running crackdown on the tech sector after imposing huge fines on the fintech affiliates of Alibaba and Tencent.

Sweden tries to break Turkish resistance in NATO talks

Sweden's prime minister will meet Turkish President Recep Tayyip Erdogan on Monday in a last-gasp attempt to bridge a diplomatic impasse over his Nordic state's stalled NATO membership drive.

Japan sea sludge tells story of human impact on Earth

Beneath the seawater in Japan's Beppu Bay lie layers of seemingly unremarkable sediment and sludge that tell the story of how humans have fundamentally altered the world around them.

Welcome to the Anthropocene, Earth's new chapter

Since 2009, a cloistered band of hard-rock geologists and other scientists have toiled on a mission of great consequence.

'Insidious' whips past 'Indy 5' to top N.America box office

Sony's horror film "Insidious: The Red Door" scared its way to the top of the North American box office on a slow weekend, taking in an estimated $32.7 million, industry watcher Exhibitor Relations reported Sunday.

Elton John hails fans at emotional final farewell show

"You know how much I like to play live. It's been my lifeblood to play for you guys, and you've been absolutely magnificent," he told the delighted audience at the arena in the Swedish capital.

Angola, DRC eye iconic rail revamp to quench global minerals thirst

Angola and the Democratic Republic of Congo are pinning hopes for economic revival on the revamp of an iconic African railway connecting mineral-rich inland areas to the Atlantic Ocean.

Sons' jailing turns Cuban mothers into activists

Two years ago, Marta Perdomo and Liset Fonseca were two unassuming Cuban women with little interest in politics and no social media footprint.

Paloma Picasso takes over late father's estate

Paloma Ruiz-Picasso, the last of Pablo Picasso's four children, has been appointed administrator of the estate managing rights linked to the artist and his work, replacing her brother Claude, their lawyer has told AFP.

Energy-short South Africa will survive winter: minister

South Africa, which has experienced crippling electricity outages in recent months, will "survive" this winter season thanks to a huge improvement in generation, a cabinet minister said on Saturday.

Fresh protests against police violence planned in France

Dozens of marches against police violence in France have been announced for Saturday after authorities banned a memorial rally, fearful of reigniting the recent unrest that engulfed the country.

Stocks mixed, dollar lower as US hiring slows

Global stocks moved indecisively and the dollar retreated Friday as markets digested a mixed US employment report that showed moderating jobs growth but solid wage increases.

Senegal leader backs permanent African Union seat at G20

Granting the African Union a permanent seat at the G20 group of wealthy nations would undo an "injustice", Senegalese President Macky Sall said on Friday.

Underwater mining of high seas inches closer, worrying environmentalists

Governments will soon likely be able to apply for deep sea mining contracts in international waters, a plunge into the unknown that is worrying conservationists as calls for a moratorium on such digging grow.

Teamsters hold 'practice pickets' for possible UPS strike

UPS drivers came out in force Friday for a "practice picket" event organized by the Teamsters as the union edges towards a possible strike in light of stalled contract talks.

One dead in Kenya protests over tax hikes

One man was shot dead in Kenya on Friday, a hospital official said, following anti-government protests over a cost-of-living crisis and a raft of controversial tax hikes.

Thyssenkrupp's hydrogen unit surges in stock market debut

Thyssenkrupp's green hydrogen unit Nucera made a strong debut on the Frankfurt stock exchange Friday, amid growing interest in the technology as an alternative to fossil fuels.

Volkswacht Bodensee - Economy (English)