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G7 ministers tackle economic fallout of Mideast war

G7 ministers and central bank officials gathered Monday to tackle the economic consequences of the war in the Middle East that has sent energy prices soaring and has triggered fears for the world economy.

Facts about Strait of Hormuz shipping blockade

Here are the latest key facts and figures about the blockage of the Strait of Hormuz, a crucial shipping route virtually paralysed by the Middle East war.

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Navalny widow, media watchdog to launch TV channel

The widow of Russian opposition leader Alexei Navalny and Reporters Without Borders will launch a television channel to "promote free speech in Russia", the press freedom advocacy group said on Friday.

Taylor Swift buys back rights to her old music

Pop sensation Taylor Swift, locked in a feud with record executives since 2019 over ownership of her music, has bought back the rights to her entire back catalog, she said Friday.

Canada growth up but Trump tariffs starting to hurt

Canada's latest growth figures, released Friday, were better than expected, but also highlighted weaknesses in the economy as the effects of a trade war launched by US President Donald Trump began to take hold.

Abortion pill inventor Etienne-Emile Baulieu dies aged 98

French scientist Etienne-Emile Baulieu, known as the inventor of the abortion pill, died at the age of 98 at his home in Paris on Friday, his wife told AFP.

Stocks waver as Trump raises trade risk with China

Stocks wavered on Friday, but the dollar mostly gained, after President Donald Trump put US-China trade tensions back on the boil by claiming Beijing "has totally violated" an agreement with Washington.

US April inflation cooled more than expected, despite tariffs

The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most countries came into effect.

Trump signals fresh trade tensions with China

US President Donald Trump signaled renewed trade tensions with China on Friday, arguing that Beijing had "violated" a deal to de-escalate tariffs, at a time when both sides appeared deadlocked in negotiations.

Britain's hard-right Reform UK to accept crypto donations

Britain's hard-right Reform UK has become the first political party in the country to accept donations through bitcoin and other cryptocurrencies, raising fresh concerns over transparency.

Rockfall at Indonesian limestone quarry kills 13

At least thirteen people were killed and a dozen injured Friday in a rockfall at a limestone quarry on Indonesia's Java island, disaster official said.

New to South Africa, saffron holds promise

Livestock farmer Joe Kroon turned to saffron in desperation when drought threatened his livelihood and, as this season's harvest winds down, he is encouraged by the potential of a new entry into South Africa's farming catalogue.

Rockfall at Indonesian limestone quarry kills eight

At least eight people were killed and a dozen injured Friday in a rockfall at a limestone quarry on Indonesia's Java island, police said.

Most Asian markets reverse after Trump's tariffs get court reprieve

Most Asian shares fell Friday after a US appeal court gave Donald Trump's sweeping tariffs a temporary reprieve, fanning uncertainty a day after judges had ruled the controversial measures were unconstitutional.

Asian markets reverse after Trump's tariffs get court reprieve

Asian shares fell Friday after a US appeal court gave Donald Trump's sweeping tariffs a temporary reprieve, fanning uncertainty a day after judges had ruled the controversial measures were unconstitutional.

New metro cuts through Saudi social divisions

For decades, civil servant Zayed al-Ghamdi's social circles in Saudi Arabia were more than predictable, bound by routine and kinship in a country where societal divisions have rarely been challenged. Then came the metro.

Targeting foreign students, Trump hits a US lifeline

On the campaign trail last year, then-candidate Donald Trump proposed handing US residency cards automatically to international students when they earn diplomas, bemoaning that they were leaving to form successful companies in China and India.

A bad wrap: An angry Trump blasts the 'TACO Theory'

President Donald Trump made no pretense at hiding his irritation this week when he was asked by a reporter about "TACO" -- an acronym that has been gaining traction among Wall Street traders who believe that "Trump Always Chickens Out."

Brazil sues China's BYD over 'slavery' conditions on build site

Brazilian prosecutors are suing Chinese electric car giant BYD and two contracting companies for human trafficking and alleged slave labor conditions at a build site, according to legal documents seen by AFP Thursday.

Trump tariffs stay in place for now, after appellate ruling

US President Donald Trump on Thursday won a temporary reprieve for his aggressive tariff strategy, with an appeals court preserving his sweeping import duties on China and other trading partners -- for now.

White House slams court decision blocking Trump tariffs

The White House on Thursday blasted a federal court's decision to block many of President Donald Trump's sweeping tariffs -- a major setback to his trade strategy.

US judge sentences ex-Goldman Sachs banker to two years over 1MDB scandal

A US judge on Thursday sentenced a former Goldman Sachs banker central to the 1MDB scandal to two years in prison after prosecutors argued for leniency due to his cooperation.

Trump steps up call for US rate cuts in talks with Fed chief

US President Donald Trump on Thursday stepped up the pressure on Federal Reserve chair Jerome Powell to cut interest rates, in their first sit-down since the Republican returned to the White House in January.

Stocks shrug off US court's tariff ruling

Global shares gave a muted response Thursday to a US court's decision blocking most of President Donald Trump's sweeping tariffs -- with analysts noting the issue was far from being settled.

Boeing CEO confident US will clear higher MAX output in 2025

Boeing is eyeing approvals for significantly higher production of the 737 MAX in 2025 after US authorities allowed increased output on the 787 plane, the company's CEO said Thursday.

Chinese exporters "on hold" despite US tariff relief

Chinese exporters in one of the world's busiest port cities spoke Thursday of murky horizons as they try to navigate the trade maelstrom unleashed by the ever-changing saga of US tariff policy.

Stocks get mild bump from US court's tariff ruling

Global shares gave a muted positive welcome Thursday to a US court's decision blocking most of President Donald Trump's sweeping tariffs -- with analysts noting the issue was far from being settled.

Mauritanian candidate on track to become Africa's next 'super banker'

Mauritania's former economy minister Sidi Ould Tah was on Thursday heading the race to become Africa's next "super banker", succeeding Nigeria's Akinwumi Adesina as head of the African Development Bank.

Stocks climb after US court blocks Trump tariffs

Global stocks and the dollar largely firmed Thursday after a US court blocked most of President Donald Trump's sweeping tariffs from taking effect.

S.African woman gets life term for selling 6-year-old daughter

A South African court on Thursday sentenced a woman to life in prison for kidnapping and selling her six-year-old daughter, in a case that horrified the country.

Zimbabwe's farmers push on as land grab compensation flounders

In a field of paprika plants in the heart of Zimbabwe, fourth-generation farmer Daniel Burger and relative newcomer Miriam Mupambawashe discuss the quality of the crop.

Loggers fell old, native forests on Australian island

On the edge of a dense forest on a rugged Australian island, an enormous stump rises from the ground -- all that remains of a eucalyptus tree that towered into the canopy for centuries.

Africa elects its next 'super banker'

The race to become Africa's next "super banker" ends on Thursday, with five candidates, including one woman, vying to succeed Nigeria's Akinwumi Adesina as head of the African Development Bank in a contest that appears too close to call.

US trade court blocks tariffs in major setback for Trump

A US federal court on Wednesday blocked most of Donald Trump's sweeping import tariffs from going into effect, ruling that the president had overstepped his authority with the across-the-board global levies.

Berliner Boersenzeitung - Economy (English)