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Sorrow and fury in German town after Christmas market attack

The German city of Magdeburg was in mourning Saturday over a car-ramming attack that brought death and carnage to its Christmas market, but the sorrow gave way to anger when the politicians showed up.

France's most powerful nuclear reactor finally comes on stream

France on Saturday connected its most powerful nuclear power reactor to the national electricity grid in what leaders hailed as a landmark moment despite years of delays and technical setbacks.

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ECB cuts rates again as eurozone hit by economic, political woes

The European Central Bank cut interest rates again Thursday, citing a worsening growth outlook and slowing inflation, with political turmoil in the eurozone adding to the troubled picture.

'No longer of this time': Miss Netherlands pageant scrapped

The Miss Netherlands beauty pageant is being scrapped after 35 years, organisers said on Thursday, transforming into a new platform dealing with mental health and sharing positive stories.

Swiss central bank announces big rate cut to boost economy

The Swiss central bank announced an unexpectedly large interest-rate cut on Thursday, citing rising "uncertainty" about the economic outlook due to the potential impact of Donald Trump's policies and political turmoil in Europe.

European stocks rise after surprise Swiss rate cut

European stock markets rose Thursday as the Swiss central bank made a bigger-than-forecast interest rate cut before eurozone policymakers are expected to trim the bloc's own borrowing costs again.

Russians suffer rising costs of Ukraine conflict

In the small town of Dedovsk, just outside Moscow, pensioner Zinaida Kudriavtseva is struggling to pay the bills.

'Taste of love': Donkey milk cheese meets success in Albania

"Donkey milk has the taste of love," said Fatiko Basha as she caressed her favourite, Liza, before collecting the animal's milk. It also makes what is reputed to be one of the most expensive cheeses in the world.

Fears for the future as drug deaths among young Finns soar

At a popular meeting spot for substance abusers near central Helsinki, even the addicts warn that Finland has a spiralling drug problem, particularly among young people.

Asian markets rise after Wall St record; eyes on China

Equities mostly rose in Asian trade Thursday following another record day on Wall Street fuelled by inflation data that reinforced expectations for a US interest rate cut next week, while traders also remained hopeful for more measures to stimulate China's economy.

'Alarming' US mystery drones confound officials, scare locals

A rash of unexplained drone sightings in the skies above New Jersey has left locals rattled and sent US officials scrambling for answers.

Korean Air buys majority stake in rival Asiana Airlines

South Korea's flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first expressing its takeover intentions.

Tokyo to make day care free to boost birth rate

Tokyo plans to make day care free for all preschool children starting in September, the city governor has announced as part of efforts to boost Japan's low birth rate.

Amid weak eurozone and political turmoil, ECB to cut rates again

Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again.

Lithium-rich Bolivia lags behind in race to mine key metal

In a patch of South America rich in lithium, used to make batteries for electric cars and other tech, Bolivia is lagging behind its neighbors in the race to mine the key metal.

Video game bosses gather at 'darkest hour' for industry

The movers and shakers of the video game industry will gather Thursday in Los Angeles to celebrate the annual Game Awards, the sector's equivalent of the Oscars.

Krakatoa Jardim Becomes the First Official Distributor of SYNLawn in Portugal

Krakatoa Jardim, a garden construction and maintenance business, announced it has joined the global network of distributors of SYNLawn, an international manufacturer and innovator of bio-based artificial grass. As an official and exclusive distributor of SYNLawn in Portugal, the company will carry SYNLawn's premium line of synthetic turf and surfacing products.

Nasdaq surges above 20,000 after US inflation data matches estimates

American and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the US Federal Reserve will trim interest rates next month.

US-China officials to hold economic talks before Trump return

Economic officials in outgoing President Joe Biden's administration are set to meet their Chinese counterparts this week for talks, in a final effort to strengthen ties before Donald Trump's White House return.

Stocks mostly rise as US inflation data boosts rate cut hopes

US and European stock markets mostly rose on Wednesday after inflation data cemented expectations that the Federal Reserve will trim interest rates next month.

EU conservatives seek to stall 2035 combustion engine ban

The largest group in the European Parliament, the conservative EPP, joined calls Wednesday to "reverse" a ban on combustion engine vehicles starting in 2035, citing the struggles of the automotive industry.

Canada central bank makes half point rate cut to 3.25%

Canada's central bank on Wednesday lowered its key lending rate by 50 basis points to 3.25 percent, seeking to aid a slowing economy facing uncertainty following a tariff threat from US President-elect Donald Trump.

Google unveils latest AI model, Gemini 2.0

Google on Wednesday announced the launch of Gemini 2.0, its most advanced artificial intelligence model to date, as the world's tech giants race to take the lead in the fast developing technology.

US consumer inflation rises for second straight month in November

US consumer inflation ticked up for a second consecutive month in November, driven by housing and food prices among other sectors, according to government data published Wednesday, complicating the Federal Reserve's rate cut deliberations.

Stocks struggle for direction before US inflation data

Stock markets struggled for direction Wednesday as traders awaited key US inflation data with the Federal Reserve expected to cut interest rates next week.

Balkan journalists battle deluge of malicious lawsuits

Serbian journalist Radmilo Markovic has gone over every full stop and comma of an article about the powerful mayor of Belgrade that has landed him in court.

Indonesia's new coal phase-out goal sets 'daunting task'

Meeting Indonesia's pledge to phase out coal power in just 15 years and reach net-zero emissions by mid-century is a "daunting task" that will require immediate and ambitious action, experts warn.

Argentina's Milei touts US trade deal, says 'happy times' ahead

Argentine President Javier Milei promised Tuesday that inflation will soon be "little more than a bad memory" and vowed to pursue a free trade deal with the United States next year.

Asian markets mixed ahead of US inflation data, eyes on China

Markets diverged on Wednesday ahead of US inflation data that could play a key role in the Federal Reserve's interest rate decision next week, while traders were also keeping tabs on Beijing hoping for more economic support measures.

Ecuadoran workers accuse 'monster' Japanese company of exploitation

Ex-employees of a Japanese textile company in Ecuador told Tuesday of their dire living and working conditions, after the country's constitutional court ruled the firm kept its staff in a slave-like setting.

Nippon Steel slams 'inappropriate' politics in US deal

Nippon Steel on Wednesday slammed the "inappropriate" role of politics after Bloomberg News reported that President Joe Biden would block its planned takeover of US Steel.

Global stocks mostly fall ahead of ECB, US inflation data

Global stock markets mostly retreated Tuesday as traders eyed looming US inflation data and a key European interest rate call amid global political upheaval.

Biden says Trump economic plan will be 'disaster'

Outgoing US President Joe Biden on Tuesday branded his successor Donald Trump's economic plans a "disaster," in a speech hailing his own legacy.

New York appeals dismissed PepsiCo plastic pollution suit

New York state this week appealed the dismissal of a pollution lawsuit against soda giant PepsiCo, accusing its single-use plastic packaging of posing a scourge on waterways and public health.

Berliner Boersenzeitung - Economy (English)