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First-time boat buyers advised to assess full ownership costs

Buying a first boat is one of those purchases that arrives with a particular quality of excitement that makes careful financial planning feel like an obstacle rather than a preparation. The boat is there, it’s the right size, it’s in reasonable condition, and the idea of being on the water by the weekend is considerably more compelling than the idea of spending another two hours reading about comparison rates.

US Treasury order targets bank transfers linked to crypto exchange MEXC

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Meta to lay off 3,600 employees in performance-based cuts

Meta plans to dismiss approximately 3,600 employees identified as low performers and replace them with new hires, according to an internal memo reported by Bloomberg on Tuesday.

Mexico hails $5 bn Amazon investment in face of Trump threats

Mexico on Tuesday trumpeted a multibillion-dollar investment pledge from Amazon as a sign of a "great future" awaiting Latin America's second-largest economy, despite US President-elect Donald Trump's threat of a trade war.

MSNBC boss leaves ahead of Trump White House return

The head of the left-leaning US news channel MSNBC has quit, a source at the network told AFP Tuesday, just days before Donald Trump returns to the White House threatening to silence critical coverage.

Panama Canal will 'remain' Panamanian: UN maritime chief

The Panama Canal will remain Panamanian, the secretary general of the United Nation's maritime body told AFP on Tuesday, after Donald Trump refused to rule out using military force to seize the key waterway.

Amazon orders 200 Mercedes-Benz electric trucks

Online retailer Amazon has purchased 202 electric Mercedes-Benz eActros 600 vehicles from Germany's Daimler Truck, the automaker said Tuesday, marking both firms' largest-ever order for battery-powered lorries.

Amazon to invest over $5 bn in Mexico data center

Amazon will invest more than $5 billion in a data center in central Mexico, the e-commerce giant said on Tuesday, part of a push by big tech to add more storage facilities to meet the needs of AI.

Lindt chocolate to raise prices again this year

Swiss chocolate maker Lindt & Spruengli announced Tuesday that it would raise prices again in 2025 after strong sales last year showed that increases had not cut the appetite of consumers.

UK finance minister, hit by market woes, stands firm on growth

Britain's finance minister Rachel Reeves on Tuesday insisted the Labour government needed to "go further and faster" in its bid to kickstart economic growth in the face of UK markets turmoil.

Dozens rescued, 15 bodies pulled from South Africa mine

Over two dozen illegal miners were rescued and at least 15 bodies recovered from an abandoned gold mine in South Africa, as operations continued for a second day Tuesday to reach more people who have been underground for months.

Ukraine hits Russian army factories, energy hubs in 'massive' barrage

Ukraine fired missiles and drones at factories and energy facilities across Russia early on Tuesday, sparking fires hundreds of kilometres (miles) from the frontline, a source in Ukraine's SBU security services said.

NATO launches Baltic Sea patrols after suspected cable sabotage

The NATO military alliance said Tuesday it was launching a Baltic Sea monitoring mission following the suspected sabotage of undersea cables in recent months.

North Korea fires short-range ballistic missiles into sea

North Korea fired several short-range ballistic missiles into the sea Tuesday, according to Seoul's military, in what experts said could be a message to US President-elect Donald Trump's incoming administration.

'Not for the poor': Indonesians in capital face housing, commute woes

Scrolling on social media, Indonesian moviegoer Jessica Sihotang stumbled across a film depicting a fellow woman in her 30s struggling to make the dream of buying a Jakarta home a reality.

Trump's return threatens resurgence of trade wars

Donald Trump's second presidential term promises a return to tariffs as he pressures partners and rivals to tackle everything from migration to drug trafficking, while protecting US industries -- in moves that could trigger new trade wars.

Grammys still set for February 2, will support LA fire relief

The Grammys, slated for February 2, will "proceed as planned" despite the devastating fires scorching Los Angeles, the Recording Academy said Monday.

Kazakhstan says part of Aral Sea has nearly doubled in volume

Kazakhstan said on Monday the northern part of the Aral Sea had nearly doubled in volume since 2008, a rare environmental success story in a region plagued by pollution.

Trial over Apple App Store 'surcharge' opens in UK

Apple was accused Monday of abusing the dominant position of its app store at the start of a court trial in the UK, with plaintiffs seeking £1.5 billion pounds ($1.8 billion) in damages.

Last tourist information centre in Paris closes

The last physical tourist information centre in Paris has closed, with officials saying Monday they will boost digital services to meet visitor demand for online information.

Oliviero Toscani, photographer famed for Benetton ads, dies aged 82

Italian photographer Oliviero Toscani, best known for his work on Benetton's provocative advertising campaigns in the 1980s and 1990s including one featuring an AIDS sufferer, died on Monday aged 82.

Markets track Wall St losses after blockbuster US jobs report

Asian and European markets sank Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while oil extended a rally sparked by new sanctions on Russia's energy sector.

Billion-pound lawsuit against Apple over App Store opens in UK

Did US tech giant Apple abuse the dominant position of its app store in the UK? A trial opening Monday in which plaintiffs want more than one billion pounds is set to answer that question.

Japan PM tells Biden 'strong' concerns over steel deal

Japanese Prime Minister Shigeru Ishiba told US President Joe Biden that his blocking of Nippon Steel's takeover of US Steel raised "strong" concerns in both countries, local media reported Monday.

China saw booming exports in 2024 as Trump tariffs loom

China's exports surged to a record high in 2024, providing a much-needed boost for the economy as the prospect of biting tariffs imposed by US president-elect Donald Trump looms.

Asian markets track Wall St losses after blockbuster US jobs report

Asian markets tumbled Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while oil extended a rally sparked by new sanctions on Russia's energy sector.

Toll from French tram crash rises to 68 injured

The toll from a collision of two trams in Strasbourg has risen to 68 injured in a rare accident that sowed panic near the eastern French city's main train station, authorities said Sunday.

Apple wants to keep diversity programs disavowed by other US firms

Apple's board of directors has recommended shareholders vote against a proposal to end the company's diversity, equity and inclusion (DEI) programs, going against the grain of decisions by other large US corporates.

China's women e-sports players defy sexism for love of the game

For women e-sports players in China, mastering the game is just the first hurdle to carving out a space for themselves in the male-dominated field.

Germany battles to secure stricken 'Russian shadow fleet' oil tanker

Germany was battling Saturday to secure a heavily loaded tanker stranded off its northern coast, towing the stricken ship that it said was part of Russia's sanctions-busting "shadow fleet" away from shore to avert an oil spill.

'Education apartheid': schooling in crisis in Pakistan

Aneesa Haroon drops off her tattered school bag at her rural home in Pakistan and hurriedly grabs lunch before joining her father in the fields to pick vegetables.

Supreme Court looks poised to uphold TikTok ban

The US Supreme Court appeared likely on Friday to uphold a law that would force TikTok's Chinese owner ByteDance to sell the wildly popular online video-sharing platform or shut it down.

US hikes reward for Maduro arrest after 'illegitimate' swearing-in

The United States hiked its reward for information leading to Venezuelan President Nicolas Maduro's arrest to $25 million Friday, saying his swearing-in was illegitimate after he "clearly lost" last year's election.

Robots set to move beyond factory as AI advances

Today's robots perform safety checks at industrial plants, conduct quality control in manufacturing, and are even starting to keep hospital patients company.

Berliner Boersenzeitung - Economy (English)