Berliner Boersenzeitung

Oil soars, ruble and equities dive on Russia fallout

Oil and gas prices surged Monday, but the ruble collapsed and global stocks sank after world powers imposed new sanctions on Russia over its invasion of Ukraine.

Qatar hits out at Airbus as new jet grounded in paint dispute

Qatar Airways on Monday accused aviation giant Airbus of blocking efforts to settle their billion-dollar dispute over the safety of the A350 as it announced that another plane has been grounded with peeling paintwork.

Decaying Congo tin mining town finds new hope in lithium

Near the rusting carcass of a smelter, barefoot men and women scratch at the ground in the quest for cassiterite -- the tin oxide ore that generations ago gave the town of Manono a brief taste of the good life.

Toyota halts Japan plants after reported cyber attack

Japanese automaker Toyota said Monday it was halting operations at all its domestic plants for a day after a reported cyberattack on a parts supplier.

Paris Fashion Week returns to pre-pandemic form

Two years on from France's first pandemic lockdown, Paris Fashion Week is almost back in full stride, with the vast majority of houses returning to live shows.

Canadian TV giants pull Russia's RT network

Major Canadian TV providers have pulled Russian state television network RT from their output, they announced separately Sunday.

China puts 'aggressive' terms on Uganda airport loan: researchers

A top Chinese lender has imposed "aggressive" repayment terms on a $200 million loan to expand Uganda's international airport, US-based research lab AidData said Monday, criticising the bank for forcing the government to repay its debt before funding public services.

Oil and safe havens rally, ruble sinks on Russia sanctions

Oil prices and safe havens surged Monday while the ruble plunged after world powers imposed fresh sanctions on Russia over its invasion of Ukraine, fanning fears about a possible global energy crisis that could further stoke inflation.

Taliban ban Afghans from evacuating amid massive security sweep

The Taliban have clamped down on Afghans leaving the country as, separately, their forces continue a massive security sweep, going house-to-house across the capital Monday in a "clearing operation".

Screen Actor Guild Awards winners

Here is the list of winners in key categories at the 28th Screen Actors Guild (SAG) Awards, held Sunday in Santa Monica just west of Los Angeles.

Tech firms flock to Spain trade show in shadow of Russia war

One of the technology industry's biggest annual get-togethers is set to kick off in the Spanish city of Barcelona on Monday, under the shadow of Russia's invasion of Ukraine.

Oil surges, equities mostly fall on growing Ukraine fears

Oil prices and safe havens surged Monday while equities mostly fell and the ruble plunged after world powers imposed fresh sanctions on Russia over its invasion of Ukraine, fanning fears about a possible global energy crisis that could further stoke inflation.

Desperate Afghans resort to selling their kidneys to feed families

Jobless, debt ridden, and struggling to feed his children, Nooruddin felt he had no choice but to sell a kidney -- one of a growing number of Afghans willing to sacrifice an organ to save their families.

Homeless subjects of Oscars documentary invited to ceremony

Once a year, Hollywood hosts the Oscars -- but every night hundreds of homeless people sleep on and around the Los Angeles neighborhood's star-lined streets.

European subsidiary of Russia's Sberbank 'failing or likely to fail': ECB

The European subsidiary of Russia's state-owned Sberbank is facing bankruptcy, the European Central Bank said Monday, in the wake of sanctions aimed at punishing Moscow for its invasion of Ukraine.

G7 meeting to focus on Ukraine aid: World Bank

Finance ministers of the Group of Seven most developed nations will meet Tuesday to discuss urgent aid for Ukraine, World Bank president David Malpass announced Sunday.

'Uncharted' again finds its way atop N.America box office

Sony adventure film "Uncharted" rode the star power of Tom Holland to cling to the top spot in North American theaters this weekend, taking in an estimated $23.3 million, industry watcher Exhibitor Relations reported.

Surreal, guilt-free party as Milan Fashion Week wraps up

"Gilt without Guilt".

Google 'pauses' Russian state media monetization across platforms

Google on Saturday became the latest US tech giant to prevent Russian state media from earning money on its platforms in response to Moscow's invasion of Ukraine.

Ottawa flags 'concerns' over Russian channel RT broadcasts

Canadian authorities expressed "concerns" on Saturday over the local broadcasting of state-funded Russian channel RT, which critics have long labeled a mouthpiece for the Kremlin.

Brazil tourism sector tries to rise from pandemic ashes

With the glittering parades, towering floats and sultry samba postponed by the omicron variant, Brazil will have a carnival week without much carnival this year -- bad news for a tourism industry already battered by the pandemic.

YouTube blocks monetization for some Russian channels

YouTube announced on Saturday it would block certain Russian channels from monetizing their videos, among other restrictions, due to Moscow's invasion of Ukraine.

Russia's anti-war lobby goes online

The head of Russia's state-run RT television is in no doubt. If fellow citizens oppose President Vladimir Putin's action in Ukraine then they are no longer Russians.

Cryptocurrencies enter Ukraine conflict

Having evacuated part of his team from Kyiv, Mike Chobanian, boss of cryptocurrency exchange Kuna, is watching the effects of Russia's invasion on his flourishing industry with a weary eye.

Greeks protest at soaring cost of living

Thousands of Greeks on Saturday joined union protests in several cities against a steep rise in the cost of living as the government vowed to boost emergency support for households.

Afghan universities reopen, but few women return

Afghanistan's main universities reopened Saturday six months after the Taliban returned to power, but only a trickle of women returned to now-segregated classes.

Ukrainian, Russian troops fight in streets of Kyiv

Ukrainian forces repulsed a Russian attack on Kyiv but "sabotage groups" infiltrated the capital, officials said Saturday as a defiant President Volodymyr Zelensky vowed Ukraine would never give in.

Chinese banks limit financing for Russian purchases: Bloomberg

Several Chinese public banks are limiting financing to purchase raw materials from Russia for fear of Western sanctions following the invasion of Ukraine, Bloomberg news agency reported on Saturday.

Arabs fear for wheat supplies after Russia invades Ukraine

Russia's invasion of Ukraine could mean less bread on the table in Egypt, Lebanon, Yemen and elsewhere in the Arab world where millions already struggle to survive.

UN to agree on plan for 'historic' plastics treaty

More than 100 nations convening in Nairobi next week are expected to take the first steps toward establishing a historic global treaty to tackle the plastic crisis afflicting the planet.

Ukrainian and Russian fight on streets of capital Kyiv

Ukrainian soldiers repulsed a Russian attack in the capital, the military said early Saturday, only hours after President Volodymyr Zelensky warned that Moscow would attempt to take Kyiv before dawn.

Fuel prices raised in Sri Lanka as energy crisis worsens

One of Sri Lanka's biggest fuel suppliers put up its prices by as much as 12 percent on Saturday, as the cash-strapped island's energy crisis worsened.

Los Angeles counts its growing homeless population

Tents, makeshift shelters and dilapidated campervans line the streets of Skid Row as Mike Murase and his team tally the exploding population of homeless people in Los Angeles.

Cuban tobacco yield up in smoke amid fertilizer shortages

Yurisniel Cabrera, 35, is a fourth-generation tobacco farmer, eking out a meager living from the leaves used to make Cuba's fabled cigars.

Facebook says penalized by Russia after refusing to halt fact-checkers

Facebook's parent company Meta said Friday that Russia will hit its services with restrictions after the social media giant defied authorities' order to stop fact-checkers and content warning labels on its platforms.

Ukraine resists Russian troops in Kyiv as Zelensky vows to stay

Ukrainian forces fought off Russian troops in the capital Kyiv on Friday as President Volodymyr Zelensky defied calls by his Russian counterpart Vladimir Putin for him to be overthrown.

US incomes edge up as inflation accelerates in January: govt

Americans saw their incomes climb slightly in the first month of 2022, but the gain was overtaken by rising prices, which increased at their fastest rate in 40 years, according to government data released Friday.

Mexico's avocado heartland held hostage by drug violence

As Super Bowl fans devoured tons of guacamole in the United States, soldiers in the world's biggest avocado-producing region in Mexico were deactivating makeshift landmines left by warring drug traffickers.

Man Utd end Aeroflot sponsorship deal after Ukraine invasion

Manchester United said Friday they had ended their sponsorship deal with Russia's flagship airline Aeroflot after President Vladimir Putin's invasion of Ukraine.

Berliner Boersenzeitung - Economy (English)

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