Volkswacht Bodensee

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Featured

Stocks extend record run as trade, AI dominates

Stock markets hit record highs Wednesday thanks to optimism over US trade deals, the AI sector and an expected interest-rate cut by the US Federal Reserve.

Under-fire UK govt deports migrant sex offender with £500

The UK government said Wednesday it had forcibly deported an Ethiopian migrant and convicted sex offender, giving him £500 ($661) to leave, as it came under fire on multiple fronts over immigration.

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US Fed official urges caution but says could back October cut

A senior member of the US Federal Reserve on Friday indicated he could back another interest rate cut later this month, while urging a meeting-by-meeting approach going forward.

US Treasury chief to speak with China counterpart as tensions flare

US Treasury Secretary Scott Bessent is set to speak Friday with Chinese Vice Premier He Lifeng, an official from President Donald Trump's administration told AFP -- as Washington works to rally allies to respond to Beijing's rare earth curbs.

Stocks slide even as fears over banks, trade war ease

Global stocks mostly fell Friday even as concerns over bank loans and an escalation in the US-China trade war eased.

US stocks rise as fears over banks, trade war ease

US stock markets rose Friday as concerns over bank loans and an escalation in the US-China trade war eased.

US puts plan to cut ship emissions in troubled waters

An international plan to cut emissions from ships hung in the balance on Friday as the United States urged countries to reject it and oil producers pushed for a delay.

Dozens injured at state funeral for Kenya opposition leader Odinga

Dozens were injured, many seriously, at the state funeral of Kenya's revered opposition leader Raila Odinga on Friday as crowds rushed to see his coffin, AFP journalists saw.

Stocks retreat as US credit fears pile on pressure

European and Asian stock markets Friday tracked losses on Wall Street as fresh credit market fears compounded worries about trade tensions, a possible tech bubble and the US government shutdown.

Ex-McLaren boss could take the wheel at Porsche

The ex-head of British supercar brand McLaren could take over as Porsche CEO, said the German sports car maker Friday, which is struggling with weak demand and a troubled EV shift.

Caracas records 8.7 pct growth but Venezuelans lament economic woes

Venezuela's economy grew by 8.7 percent in the third quarter, the country's central bank announced Thursday, but residents told AFP they are still struggling to make ends meet.

Stock markets fall with Wall St as US credit fears add to worries

Asian and European stocks tracked losses on Wall Street on Friday amid fresh credit market fears that compounded worries about trade tensions, a possible tech bubble and the US government shutdown.

Polish teens study in first drone class overseen by military

At a Polish military school, teenagers in military-style uniforms crowded around a 15-year-old classmate, pushing him to "search for Russians," as he hunted for targets on a drone simulator.

Maritime sector to decide on plan to cut emissions opposed by US

Member states of the International Maritime Organization will decide on Friday whether to formally adopt a plan to cut carbon emissions in the face of opposition from the United States.

Indonesia growth push sparks fight on deforestation, rights

An "eco-city", a mining complex, and a massive project to grow food and fuel are all part of an Indonesian growth drive that activists allege is causing deforestation and dispossession.

Nearly 900 mn poor people exposed to climate shocks, UN warns

Nearly 80 percent of the world's poorest, or about 900 million people, are directly exposed to climate hazards exacerbated by global warming, bearing a "double and deeply unequal burden," the United Nations warned Friday.

Asian stocks fall with Wall St as US credit fears add to worries

Asian stocks tracked losses on Wall Street on Friday amid fresh credit market fears that compounded worries about trade tensions, a possible tech bubble and the US government shutdown.

China's economic growth slowed to 4.8% in third quarter: AFP poll

China's economy likely grew at its slowest pace in a year last quarter, according to an AFP survey, dragged down by lacklustre demand and a crisis in the crucial property sector, compounded by a trade war with the United States.

US stocks fall as regional bank angst adds to list of worries

Wall Street stocks fell Thursday on fears that private credit problems may weigh on US regional banks, adding to concerns about trade tensions and a government shutdown.

Europe 'well positioned' for future shocks: ECB's Lagarde

Europe, under pressure from US tariffs and the war in Ukraine, is in a strong position to weather the next economic storm, ECB President Christine Lagarde said Thursday.

'Battlefield' video game sees big-time sales

The latest installment of military video game "Battlefield" hit the market with sales rivaling that of blockbuster rival "Call of Duty," publisher Electronic Arts (EA) announced on Thursday.

Waymo robotaxis to deliver orders for some US DoorDash users

US food delivery app DoorDash announced Thursday that Waymo driverless cars will soon shuttle orders to some customers in a budding partnership with the Google-owned robotaxi star.

Johnson & Johnson faces UK lawsuit over talc cancer claim

Thousands of UK claimants have filed legal action against US pharmaceutical and cosmetics giant Johnson & Johnson alleging people diagnosed with cancers were exposed to asbestos in its talcum powder, lawyers said Thursday.

Stocks higher as traders weigh China-US row, tech earnings

Global stock markets mostly rose on Thursday as investors weighed strong tech earnings and hopes that the latest flare-up in US-China trade tensions might ease.

US Fed chair contender backs October rate cut

A top contender to run the US Federal Reserve threw his support Thursday behind a quarter-point rate cut later this month, claiming he believed inflation would soon cool.

Armani names executive close to designer as new CEO

The Armani Group on Thursday named a senior manager who worked alongside Giorgio Armani to take over as chief executive of the luxury empire following the designer's death.

Greece lawmakers back plan to allow 13-hour workday

Greece's parliament on Thursday approved a government-backed bill allowing people to work 13-hour days, despite fierce objections from trade unions and opposition parties.

Stocks fluctuate as traders weigh China-US row, tech earnings

Stock markets were mixed Thursday as investors weighed the latest volleys in the China-US trade war and strong tech earnings.

Pope slams millions facing hunger worldwide as 'collective failure'

Pope Leo XIV on Thursday slammed the world's failure to stop millions of people going hungry, blaming a "soulless economy" and calling on people to rethink their lifestyles and priorities.

Nestle to cut 16,000 jobs worldwide

Nestle, the Swiss food giant whose brands include Nespresso coffee and Perrier water, announced Thursday plans to cut 16,000 jobs worldwide over the next two years, sending its share price soaring.

Markets mixed as traders weigh China-US row, rate cut hopes

Markets were mixed on Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal Reserve will continue cutting interest rates this year.

Markets mostly rise as traders weigh China-US row, rate cut hopes

Most markets rose Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal Reserve will continue cutting interest rates this year.

One year on, Italian migrant camps in Albania near-empty

One year after Italy opened migrant camps in Albania intended to hold people intercepted at sea, the legally contested centres lie almost empty.

AI boom delivers record net profit for Taiwan's TSMC

Taiwanese tech titan TSMC reported Thursday a forecast-busting record net profit for the third quarter on skyrocketing demand for microchips used to power iPhones and artificial intelligence.

Volkswacht Bodensee - Economy (English)