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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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Major German companies warn against vote for extremism

Germany's biggest companies said Tuesday they have formed an alliance to campaign against extremism ahead of key EU Parliament elections, when the far right is projected to make strong gains.

Rescuers search for survivors after deadly S.African building collapse

Rescuers scrambled Tuesday to search for some 50 people trapped under rubble after the collapse of a multi-storey building under construction in the South African city of George killing five people.

Most markets rise after Wall St rally as US rate optimism lingers

Most markets built on the latest global rally Tuesday as optimism that the US Federal Reserve will cut interest rates this year continued to breeze through trading floors.

Coppola, Lucas, Schrader: 'New Hollywood' swansong set for Cannes

It is an offer they still can't refuse: Francis Ford Coppola will lead a parade of veteran American movie titans back to the Cannes Film Festival next week in a likely swansong for the "New Hollywood" generation.

Saudi Aramco says Q1 profit down 14.5 percent

Oil giant Saudi Aramco said Tuesday its first-quarter net profit dipped 14.5 percent on year to $27.27 billion as the Gulf kingdom kept production cuts in place.

UBS back in profit after Credit Suisse takeover losses

Swiss banking giant UBS on Tuesday said first quarter net profit rose 71 percent to nearly $1.8 billion, far exceeding expectations, after two quarters in the red due to the mammoth takeover of Credit Suisse.

Saudi Aramco's Q1 profit down 14.5 percent: statement

Oil giant Saudi Aramco announced first-quarter net profit of $27.27 billion on Tuesday, down 14.5 percent from last year as the Gulf kingdom kept production cuts in place.

London's gentlemen-only club votes on admitting women

One of London's oldest gentlemen's clubs on Tuesday votes on whether to start accepting women amid a row that has bitterly divided members.

UBS net profit up 71% after two quarters in the red

Swiss banking giant UBS on Tuesday said first quarter net profit rose 71 percent to nearly $1.8 billion after two quarters in the red due to the takeover of Credit Suisse.

Amazon says will invest $9 billion in Singapore

Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city.

Asia tracks another rally on Wall St as US rate optimism lingers

Asian markets built on the latest global rally Tuesday as optimism that the US Federal Reserve will cut interest rates this year continued to breeze through trading floors.

Stocks rise on renewed hopes of US Fed rate cuts

Stock markets advanced Monday on renewed optimism that the US Federal Reserve will cut interest rates this year, as well as on a positive corporate earnings season.

Macron thanks China's Xi for not imposing duties on French cognac

French President Emmanuel Macron on Monday thanked Chinese leader Xi Jinping for not imposing "provisional" customs duties on French cognac amid an ongoing probe, and presented him with bottles of the expensive drink.

Sony backtracks faced with anger of 'Helldivers 2' players

Sony backtracked Monday after players of its popular cooperative third-person shooter game "Helldivers 2" pushed back against a requirement to link with its PlayStation Network platform.

Head of French equality watchdog in hot water over 'abusive' comments

The chairwoman of a French watchdog created by the government to promote equality is facing mounting pressure to step down over what employees called sexist and racist comments and her "toxic" management style.

'Taboo': French women speak out on rapes by US soldiers during WWII

Aimee Dupre had always kept silent about the rape of her mother by two American soldiers after the Normandy landings in June 1944.

EU ready to protect economy, bloc chief tells China

European Commission President Ursula von der Leyen said on Monday that the EU would not shrink back from taking tough measures to protect its economy and security, amid tense trade relations with China.

Macron presses China's Xi to halt Ukraine war, agree fair trade

French President Emmanuel Macron and EU Commission president Ursula von der Leyen pressed Xi Jinping at a summit in Paris on Monday to use Beijing's influence to halt the Russian war against Ukraine, also telling the Chinese leader to accept fair global trade rules.

Stocks rise on renewed hopes of rate cuts

European and Asian stock markets rose on Monday on renewed optimism that the US Federal Reserve will cut interest rates this year.

Macron presses China's Xi on Ukraine, trade at Paris summit

French President Emmanuel Macron on Monday pressed Xi Jinping to coordinate closely with Europe in the face of Russia's invasion of Ukraine and accept fair global trade rules as the Chinese leader began a state visit to France.

No place to pray for Muslim workers in Italian city

It's Friday prayers in the northeastern Italian city of Monfalcone, and hundreds of men are on their knees in a concrete parking lot, their heads bowed to the ground.

Indonesia first-quarter growth boosted by election, holiday spending

Indonesia's economic growth accelerated in the first quarter of 2024 on the back of election and religious holiday spending, official data showed Monday.

Boeing's Starliner set for first crewed mission to ISS

After years of delays, Boeing's Starliner capsule is set to ferry astronauts to the International Space Station (ISS) Monday, a milestone for the US aerospace giant and NASA.

Asian markets build on rally as US jobs data boost rate cut hopes

Most Asian markets rose Monday after data showing fewer US jobs were created last month rekindled optimism interest rates will be cut this year, while mainland Chinese equities bounced on hopes for fresh government economic support.

Ex-minister Jose Raul Mulino wins Panama presidential race

Jose Raul Mulino, the protege of a graft-convicted former head of state, was declared Panama's president-elect after elections Sunday.

N.America moviegoers fall for Gosling, Blunt in 'The Fall Guy'

Universal's new action film "The Fall Guy" opened atop the North American box office this weekend, taking in an estimated $28.5 million at a time moviegoing has hit a slump, industry watcher Exhibitor Relations reported Sunday.

China's Xi arrives in France for state visit

Chinese President Xi Jinping on Sunday arrived in France on a state visit hosted by Emmanuel Macron where the French leader will seek to push his counterpart on issues ranging from Ukraine to trade.

Panama to vote in presidential election with eight contenders

Panamanians vote in presidential elections Sunday from a crowded field of eight candidates, with the protege of a graft-convicted ex-head of state in the lead.

Bodies found in Mexico likely those of missing surfers: authorities

The physical characteristics of three bodies found in Mexico's Baja California state resemble those of two Australian brothers and their American friend who went missing while on a surfing trip, local authorities said Saturday.

Three bodies found after surfers go missing in Mexico: FBI

Three bodies were found in Mexico's Baja California state, the FBI said Friday, days after two Australians and an American went missing during a surfing trip in an area hit by cartel violence.

Stocks gain while dollar retreats as US labor market cools

Stock markets rose Friday as cooling US job growth raised hopes of interest-rate cuts, while London hit another record high following speculation of a bidding war for mining giant Anglo American.

Spanish beauty group Puig makes market debut

Shares in Spanish fashion and beauty group Puig, owner of the iconic Nina Ricci, Paco Rabanne and Jean-Paul Gaultier labels, closed Friday at its issue price on its trading debut in one of Europe's largest initial public offering of the year.

Berliner Boersenzeitung - Economy (English)