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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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UN shipping body approves global carbon pricing system

Member states of the International Maritime Organization have voted in favour of a global pricing system to help curb maritime carbon emissions, the UN shipping body announced Friday.

Spain marine park defends facilities after France orca transfer blocked

A Spanish aquatic park which authorities prevented from taking in two orcas from a shuttered French attraction that was criticised by animal rights groups denied on Friday it was unfit to shelter them.

Dollar plunges, stocks wobble over trade war turmoil

Investors dumped US government bonds, the dollar tumbled and stocks seesawed Friday, capping a volatile week as President Donald Trump's unpredictable tariff policy rattled market confidence.

Trump says tariff policy 'doing really well' despite China retaliation

President Donald Trump pledged Friday that his tariff policy is working and will benefit the United States and the world, despite China hiking tariffs on US goods to 125 percent in a deepening trade war.

Jolted by Trump, EU woos new partners from Asia to Latin America

Shaken by Donald Trump's tariff blitz, the EU has embarked on a charm offensive to diversify its alliances in Asia and beyond, with summits lined up back-to-back and trade talks launched in all directions.

Dollar slides, stocks diverge as US-China trade war escalates

The dollar tumbled, gold hit a fresh record high and stock markets seesawed Friday as China again retaliated against US tariffs, deepening a trade war between the world's two biggest economies.

UK parliament to be recalled Saturday to discuss British Steel's future

UK lawmakers will be recalled from their Easter break to discuss the future of British Steel in parliament on Saturday, the House of Commons said, with reports the struggling company could be nationalised.

JPMorgan Chase sees 'considerable turbulence' facing economy as profits rise

JPMorgan Chase CEO Jamie Dimon said Friday that US Treasury bonds remained a safe place in an unpredictable world as he warned of "considerable turbulence" facing the economy.

Trump's trade whiplash sends dollar into tailspin

The mighty dollar is sliding sharply as President Donald Trump's turbulent trade agenda has battered US credibility in global markets and fanned fears of a self-inflicted economic downturn.

Dollar slides, stocks diverge as China hits back at US tariffs

The dollar tumbled and gold hit a fresh record high on Friday, while stocks diverged as hiked Chinese tariffs on the United States deepened a trade between the world's two largest economies.

Dollar, stocks hit and gold hits record as trade war panic returns

The dollar tumbled with most stocks while gold hit a fresh record high as panic gripped markets again on Friday, while China retaliated against Donald Trump's latest tariff blitz against the world's number two economy.

Xi calls for EU, China to resist Trump trade war 'bullying'

China's President Xi Jinping urged the European Union on Friday to join hands with Beijing in resisting "unilateral bullying", after US President Donald Trump's tariff onslaught sparked mayhem on world markets.

Apple’s iPhone 16 hits Indonesia stores after monthslong ban

Smartphone buyers were cheered by shopkeepers in Jakarta on Friday after Apple's latest smartphone went on sale following a monthslong ban in Indonesia.

Sweden drowns in discarded fast fashion items

Sweden's recycling centres are overflowing with clothes after an EU-wide ban this year on throwing away textiles, leaving overwhelmed municipalities eager to have fast fashion giants take responsibility.

Despite US tariffs pause, southern African economies under threat

Washington's 90-day pause on higher tariffs is of little comfort to southern African economies facing the collapse of a preferential trade deal and a 25-percent hike on car imports, analysts say.

Stocks, dollar hit as Trump admits costs of 'beautiful' trade blitz

Jitters about US tariffs hammered stocks and the dollar again Friday as President Donald Trump acknowledged the costs from his rollercoaster trade offensive but predicted a "beautiful" ending.

Despite Trump pause, overall US tariff rate at highest in a century

US President Donald Trump's delay of steeper tariffs may have won brief respite on Wall Street, but analysts say his actions -- which hit China especially hard -- already bring the average US effective tariff rate to its highest in over a century.

'A pain that doesn't subside' at funerals for Dominican nightclub disaster victims

A basketball court in the Dominican town of Haina became a makeshift chapel Thursday, hosting funeral ceremonies for two dozen residents whose lives were abruptly cut short when a nightclub's roof collapsed with hundreds of people inside.

US auto union praises some Trump tariffs

The head of the US auto workers union endorsed car tariffs Thursday as a way to address the "free trade disaster" while rejecting use of the levies for "political games."

IPRoyal Joins Industry Leaders at Think Global 2025 in Dublin

Company's Co-Founder Highlights Lessons Learned After Scaling to 170 Countries in Under Four Years

Tesla opens first showroom in oil-rich Saudi

The Tesla electric vehicle company owned by billionaire Elon Musk on Thursday opened its first showrooms in oil-rich Saudi Arabia -- where hybrid cars remain a rare sight.

Argentina braves 24-hour strike as it awaits word on IMF loan

Trains and planes were grounded in Argentina Thursday as a 24-hour general strike against President Javier Milei's austerity measures paralyzed some services, even as the country awaits news on a fresh IMF loan.

US-China trade war surges, overshadowing Trump climbdown

The US-China trade war intensified Thursday, sending the global economy into unknown territory and dampening relief after President Donald Trump's earlier climbdown from a wider tariff onslaught against the rest of the world.

Global plastic recycling rates 'stagnant' at under 10%: study

The amount of plastic being recycled around the world is stagnant at less than 10 percent with most new plastic still made from fossil fuels, a new study said Thursday.

Miuccia Prada's path from activist to top designer

As a student in the volatile May of 1968, Miuccia Prada took to the streets of Milan to demonstrate for women's rights wearing an Yves Saint Laurent suit.

Wall Street rally fizzles as tariff worries resurface

Wall Street shares fell Thursday as a rally faded over lingering concerns about the economic fallout from President Donald Trump's trade war despite his U-turn on steep new tariffs.

US consumer inflation cools in March on falling gas prices

US consumer inflation cooled last month on plunging gas prices, according to government data published Thursday, as consumers and businesses waited nervously for President Donald Trump's sweeping tariffs to come into effect.

Shanghai finance workers worry after front-row seat to tariff turmoil

As stock prices flashed across a huge screen at a bustling intersection in China's business hub Shanghai, finance workers shared their concerns after getting front-row seats to the global market turmoil wreaked by Donald Trump this week.

EU halts counter-tariffs but no pause in US-China trade war

The EU paused plans for retaliatory tariffs on US goods Thursday after President Donald Trump abruptly suspended higher US duties on the bloc and other countries, leaving China in the crosshairs of his trade war.

Trump tariffs weigh on Germany as institutes cut forecasts

Leading economic institutes Thursday slashed their 2025 growth forecast for Germany to near stagnation, warning Europe's struggling top economy will face extra pain from US President Donald Trump's tariff blitz.

Stocks zoom higher as Trump delays painful tariffs

Stocks rocketed Thursday as a relief rally spread through markets after Donald Trump paused crippling tariffs on US partners, with Chinese investors even brushing off his decision to ramp up duties on Beijing to 125 percent.

Taiwan's TSMC says first quarter revenue up 42 percent

Taiwanese chipmaking giant TSMC reported Thursday a better-than-expected revenue for the first quarter on strong demand for AI technology, after tariffs slapped onto major economies by US President Donald Trump caused global uncertainty.

Berliner Boersenzeitung - Economy (English)