Volkswacht Bodensee

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Featured

OpenAI number two Simo steps down to focus on health

Top Silicon Valley executive Fidji Simo announced Wednesday she is leaving her full-time role at OpenAI to go part-time as an advisor and focus on recovery from a chronic illness.

Chip titan SK hynix to raise $26.5 bn in blockbuster US listing

South Korean chip giant SK hynix on Friday priced its mega US listing at $149 per share, raising around $26.5 billion in what will be the world's second largest stock sale after SpaceX.

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Montana lawmakers vote to ban TikTok in US state

Lawmakers from the western US state of Montana voted Friday to impose a total ban on TikTok setting up a legal fight over accusations that the popular app is a tool of the Chinese Communist Party.

US Supreme Court hits pause on abortion pill ban

The US Supreme Court on Friday temporarily preserved access to a widely used abortion pill, in an 11th-hour ruling preventing lower court restrictions on the drug from coming into force.

French unions defiant as court clears pensions overhaul

France's constitutional court on Friday approved President Emmanuel Macron's plan to raise the retirement age to 64 from 62, but unions vowed to oppose the controversial reforms as fresh protests erupted nationwide.

Boeing shares dive on latest 737 MAX issue

Shares of Boeing tumbled Friday after the company disclosed a problem with a supplier part on the 737 MAX that is expected to slow deliveries of new jets.

Family of detained US journalist in Russia breaks silence

The parents of detained Wall Street Journal reporter Evan Gershkovich on Friday said that they remained optimistic for a positive outcome to his detention insisting that their son "still loved Russia."

'Really hard' -- the life of an Amazon Brazil nut harvester

Assailed by mosquitoes and wary of snakes, Jorge Lengua walks watchfully through the Bolivian Amazon collecting Brazil nuts from the forest floor.

French court approves Macron's pensions reform

France's constitutional court on Friday approved the key elements of President Emmanuel Macron's pension reform, paving the way for him to implement the unpopular changes that have sparked months of protests and strikes.

Boeing shares dive on latest MAX issue

Shares of Boeing tumbled Friday after the company disclosed a problem with a supplier part on the 737 MAX that is expected to slow deliveries of new jets.

Zilliacus says offer to buy Man Utd still on the table

Thomas Zilliacus insists his offer to buy Manchester United is still on the table after the Finnish tycoon declined to enter a third round of bidding for the Premier League club.

Nurses reject UK govt pay offer and escalate strikes

Britain's main nursing union said Friday its members had rejected a government pay offer and immediately announced an escalation in strike action.

US clinic charts course through abortion pill chaos

Tammi Kromenaker is a seasoned fighter in the grinding battle over reproductive rights in America -- but even she has to admit that the latest front, over access to a widely used abortion pill, is a "mess."

Kenya's Ruto vows to slash price of food staple

Kenya's President William Ruto announced on Friday that he would slash the price of a key food staple as anger over skyrocketing inflation fuels protests in the East African nation.

Mars CEO sees 'moral' duty in tackling climate change

The new chief executive of Mars, maker of M&M's sweets, chewing gum and pet food, says companies have a "moral" duty to reduce their environmental footprint as the world battles climate change.

Stocks waver, dollar drops as Fed seen halting rate rises soon

Stock markets fluctuated Friday, with Paris hitting a record-high, as investors tracked easing inflation, cooling US retail sales and some strong earnings.

Large US banks report higher profits despite recent industry turmoil

JPMorgan Chase reported a jump in first-quarter profits Friday alongside fellow banking giants Citigroup and Wells Fargo, in reassuring news to investors after recent banking sector turmoil sparked contagion fears.

US retail sales post steeper fall than expected as consumer strength fades

Retail sales in the United States slipped more than anticipated in March, according to government data released Friday, extending a downward trend that signals cooling in the economy.

Europe's JUICE mission blasts off towards Jupiter's icy moons

The European Space Agency's JUICE space probe successfully launched Friday on a mission to discover whether Jupiter's icy moons are capable of hosting extraterrestrial life in their vast, hidden oceans.

'Stay the course': Macron inspects Notre-Dame restoration drive

French President Emmanuel Macron visited the Notre-Dame Cathedral on Friday to mark four years since the fire that destroyed significant parts of the world heritage landmark, urging workers to "stay the course" and ensure restoration is finished by the end of 2024.

US retail sales post steeper fall than expected: govt

Retail sales in the United States slipped more than anticipated in March, according to government data released Friday, extending a downward trend that signals cooling in the economy.

UAE and China promise Pakistan $1.3 bln to get IMF deal on track

Pakistan announced financial support Friday from the United Arab Emirates and China totalling $1.3 billion, giving the ailing economy a shot in the arm as it seeks to meet conditions for the resumption of an International Monetary Fund bailout.

Europe's Jupiter moons mission launches on second attempt

The European Space Agency's JUICE space probe blasted off Friday on a mission to discover whether Jupiter's icy moons are capable of hosting extraterrestrial life in their vast, hidden oceans.

French villages run dry as water warnings rise

Another four French villages lost their fresh water supply on Friday, local authorities told AFP, as a winter drought causes disruption and serious concerns about shortages this summer.

Europe's Jupiter probe set for new launch attempt

The European Space Agency's JUICE mission to explore Jupiter's icy, ocean-bearing moons will again try to blast off on Friday, a day after the first launch attempt was called off due to the threat of lightning.

In C.Africa, informal pharmacies provide a health safety net of sorts

Yaguina Nesly waits outside a hut whose walls of corrugated steel are daubed in green and white paint.

Brazil's Lula to meet Xi in Beijing after lashing out at US dollar, IMF

Brazilian leader Luiz Inacio Lula da Silva is set to forge closer ties with Chinese President Xi Jinping during a meeting in Beijing on Friday, a day after he lashed out at the power of the US dollar and the IMF.

Stocks rally, dollar dips further on easing rate expectations

Asian equities rose and the dollar dipped further Friday after fresh data showing continued slowing of inflation fanned hopes the Federal Reserve is nearing the end of its long-running campaign of interest rate hikes.

Unsound climate studies sneak into print: scientists

Misleading studies sowing doubt about climate change are getting into peer-reviewed journals, scientists warn, citing recent papers linked to a lawsuit in Germany whose authors denied conflicts of interest.

TikTok faces ban in Montana as US backlash continues

The US state of Montana on Thursday was on the verge of implementing a total ban on TikTok, after a proposal passed a key hurdle in the state's legislature.

US stocks rally, while dollar drops after latest inflation data

US stocks rallied and the dollar tumbled Thursday following better inflation data that added to hopes of a shift in Federal Reserve monetary policy.

US Justice Dept taking abortion pill fight to Supreme Court

The US Justice Department said Thursday that it will go to the Supreme Court to appeal restrictions imposed on a widely-used abortion pill in the latest round of an intensifying battle over reproductive rights.

Delta sees strong demand persisting as it reports loss

Pointing to persistently strong flying demand, Delta Air Lines offered a bullish spring season forecast Thursday as it reported a loss in the first quarter.

Abortion pill mifepristone: timeline of US access

Mifepristone, a drug widely used in the United States to induce abortion in women pregnant for 10 weeks or less, has become a target of the country's anti-abortion movement.

Volkswacht Bodensee - Economy (English)