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Three dead after deadly spring storm wreaks havoc in the Alps

Two men on their way to help with rescue efforts were found dead on Friday after a spring storm drenched parts of northern Italy and dumped more than a metre of snow in other areas across the Alps, shutting ski areas, halting transport and killing at least one other person.

Tokyo leads gains in most Asian markets on trade deal hopes

Tokyo led most Asian markets higher Friday on optimism about a Japan-US trade deal as investors keep tabs on countries' tariff talks with the White House.

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Nvidia expects $5.5 bn hit as US targets chips sent to China

Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing requirement on the primary chip it can legally sell in China.

Trump resurrects ghost of US military bases in Panama

US President Donald Trump's bid to take back control of the Panama Canal has put his counterpart Jose Raul Mulino in a difficult position and revived fears in the Central American country that US military bases will return.

Boeing faces fresh crisis with US-China trade war

US aviation giant Boeing, fresh off a crippling labor dispute and quality control crisis, has now found itself drawn into the escalating trade conflict between Washington and Beijing.

Canada offers automakers tariff relief, Honda denies weighing move

Ottawa on Tuesday offered tariff relief to automakers on condition they maintain production in Canada, fearing US President Donald Trump's policies could trigger a flight of the key manufacturing sector to the United States.

Trump says China 'reneged' on Boeing deal as tensions flare

US President Donald Trump said Tuesday that China has gone back on a major Boeing deal, after a news report that Beijing ordered airlines not to take further deliveries of the US aviation giant's jets.

Trump eyes near 50 percent cut in State Dept budget: US media

The US State Department is expected to propose an unprecedented scaling back of Washington's diplomatic reach, multiple news outlets reported Tuesday, shuttering programs and embassies worldwide to slash the budget by almost 50 percent.

Harvey Weinstein New York retrial for sex crimes begins

Disgraced Hollywood mogul Harvey Weinstein's retrial on rape and sex assault charges started Tuesday, forcing survivors who helped fire up the "#MeToo" movement to prepare to testify against him once more.

Facebook chief Zuckerberg testifying again in US antitrust trial

Social media titan Mark Zuckerberg took the stand for a second day Tuesday in a landmark US antitrust trial where his conglomerate Meta is accused of taking over Instagram and WhatsApp before they could become competitors.

Auto shares surge on tariff reprieve hopes

Stock markets rose Tuesday as auto firms were boosted by US President Donald Trump's suggestion of flexibility over steep tariffs on the sector.

Trump trade war casts pall in China's southern export heartland

The blistering tariff war launched by Donald Trump this month cast a shadow Tuesday as businesses met to strike deals at a trade show in southern China, for decades a key hub for exports to the United States.

China tells airlines to suspend Boeing jet deliveries: report

China has told its airlines to stop taking deliveries of jets from American aviation giant Boeing, a report said Tuesday, as a trade war between Beijing and the United States deepens.

Stocks rise as stability returns, autos surge on exemption hope

Equities mostly rose Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms boosted by Donald Trump's possible compromise over steep tariffs on the sector.

Malawi's debt crisis deepens as aid cuts hurt

Behind a dimly lit bar in Malawi's capital, Ben Manda rubbed his tired eyes and poured a customer a drink. He had been working for 36 hours straight, packing in back-to-back shifts to feed his family of four.

Danish brewer adds AI 'colleagues' to human team

They have names, faces and email addresses, but the five new colleagues at Denmark's Royal Unibrew only exist in the virtual realm, which the brewer hails as a milestone to unleash the full potential of its staff.

S. Korea plans extra $4.9 bn help for chips amid US tariff anxiety

South Korea on Tuesday announced plans to invest almost $5 billion extra in the country's semiconductor industry, citing "growing uncertainty" over US tariffs.

The miracle babies who survived Ravensbruck

They were born in a hell on Earth and were never supposed to survive. But by some miracle a handful of babies born in Ravensbruck concentration camp in northern Germany made it out alive.

Asian stocks mixed as stability returns, autos lifted by exemption hope

Asian stocks were mixed Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms boosted by Donald Trump's possible compromise over steep tariffs on the sector.

Chinese EV battery giant CATL posts 33% surge in Q1 profit

The world's leading maker of electric vehicle batteries, Chinese firm CATL, posted a 32.9 percent jump in first quarter profit, even as demand for electric vehicles slows.

China's economy likely grew 5.1% in Q1 on export surge: AFP poll

China is expected to post first-quarter growth of around five percent on Wednesday, buoyed by exporters rushing to stave off higher US tariffs but still weighed by sluggish domestic consumption, analysts say.

S. Korea govt plans $4.9 bn more help for semiconductors as US tariff risk bites

South Korea on Tuesday announced plans to invest an additional $4.9 billion in the country's semiconductor industry, citing "growing uncertainty" over US tariffs.

Harvard sees $2.2 billion in funding frozen after defying Trump

Elite US university Harvard was hit with a $2.2 billion freeze in federal funding Monday after rejecting a list of sweeping demands that the White House said was intended to crack down on campus anti-Semitism.

Picktan Capital's Defensive Growth Fund Achieves Record-Breaking Returns

Picktan Capital's Multi-Asset Defensive Growth Fund has achieved record-breaking Q1 2025 returns amid global market uncertainty.

LVMH sales dip as Trump tariffs dent luxury tastes

Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on Monday.

Luka Modric becomes co-owner of Championship club Swansea

Real Madrid and Croatia midfielder Luka Modric has joined Swansea as an investor and co-owner, the Championship club announced on Monday.

Trump's tariff exemptions give markets relief, but uncertainty dominates

US tariff exemptions for electronics prompted market rallies Monday from Asia to Wall Street, but uncertainty dominated in a global trade war that Chinese leader Xi Jinping warned can have "no winner."

Meta chief Zuckerberg testifies at landmark US antitrust trial

Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US anti-trust trial in which his social media juggernaut stands accused of abusing its market power to acquire Instagram and WhatsApp before they could become competitors.

Goldman Sachs profits rise on strong equity trading results

Goldman Sachs reported Monday higher first-quarter profits on strength in equity trading, offsetting a hit from losses in investments on public stock markets.

Hungarian lawmakers back constitutional curbs on LGBTQ people, dual nationals

Hungarian lawmakers on Monday overwhelmingly backed constitutional changes targeting the country's LGBTQ community and dual nationals, the latest step to strengthen longtime nationalist Prime Minister Viktor Orban's self-styled "illiberal" brand of democracy.

Argentine peso depreciates after exchange controls lifted

Argentina's currency dropped 8.4 percent against the US dollar as markets opened in Buenos Aires Monday, after the partial lifting of exchange controls in place for six years.

Kim Kardashian will testify at Paris jewellery theft trial: lawyer

US reality television star Kim Kardashian is to testify in person at an upcoming French trial over an armed robbery of her jewellery in Paris in 2016, her US lawyer Michael Rhodes said Monday.

China warns UK against 'politicising' steel furnaces rescue

Beijing on Monday warned against "politicising" the rescue of Chinese-owned British Steel, as the UK government raced to secure raw materials to keep the country's remaining steelmaking blast furnaces running.

Xi calls on China, Vietnam to 'oppose unilateral bullying' on regional tour

Chinese leader Xi Jinping on Monday called on his country and Vietnam to "oppose unilateral bullying", Beijing's state media reported, during a regional tour as leaders confront US tariffs.

Berliner Boersenzeitung - Economy (English)