Berliner Boersenzeitung

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Mamdani to swap humble apartment for NY mayor's mansion

New York mayor-elect Zohran Mamdani announced Monday that he will be leaving his rent-controlled apartment in the borough of Queens for the luxurious official mayor's residence in Manhattan.

Boeing closes takeover of aviation supplier Spirit

Boeing announced Monday that it completed an acquisition of aerospace supplier Spirit AeroSystems, saying the move will allow for more seamless operations and enhance quality control.

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Texans forced to travel out of state, wait weeks for abortions

In a small Louisiana clinic, a five-hour drive from her home in the neighboring state of Texas, Shayla waits for her long-sought appointment to receive an abortion.

GM announces it will make electric Corvette

US car maker General Motors announced Monday that it is developing an electric version of its Chevrolet Corvette.

Coal still top threat to global climate goals: report

The number of coal-fired power plants in the pipeline worldwide declined in 2021, according to research released Tuesday, but the fossil fuel most responsible for global warming still generated record CO2 emissions, threatening Paris climate goals.

Second Amazon site in New York kicks off vote on joining union

Workers at an Amazon sorting center in New York began voting Monday on whether to join the Amazon Labor Union, which recently became the first union at the e-commerce giant in the United States.

Oil prices slide on China fears; Twitter rises on Musk deal

Oil prices tumbled Monday along with equities in Europe and Asia on worries over a worsening Covid-19 outbreak in China, while US stocks finished a volatile session higher as Elon Musk sealed a deal to acquire Twitter.

Gotta bounce: Some spiders catapult away after sex to avoid death

Sometimes there are pretty valid reasons for leaving right after sex.

Drop in vaccines exposes LatAm kids to disease: report

One in four children in Latin America and the Caribbean does not have vaccine protection against three potentially deadly diseases, a UN report said Monday, warning of plummeting inoculation rates.

Consumers lapping up Coca-Cola price hikes so far

Coca-Cola reported a jump in quarterly profits Monday in results showing the soda giant was able to implement price hikes with little sign of consumer pushback.

Crew of first private flight to ISS return to Earth

Three businessmen and a former NASA astronaut splashed down Monday off the Florida coast after spending two weeks aboard the International Space Station in a landmark mission for the commercial sector.

US sees Ukraine victory over Russia with 'right equipment'

The United States believes Kyiv can win the war against Russia if it has the "right equipment", Pentagon chief Lloyd Austin said Monday, as strikes on railway infrastructure in central Ukraine killed at least five.

US judge holds Trump in contempt over civil fraud probe

A US judge held former president Donald Trump in contempt of court Monday for failing to turn over documents related to an investigation of possible fraud in the Trump family's business dealings.

UK regulator probes 'sexist, misogynist' article about top MP

Britain's press regulator on Monday said it had received a slew of complaints over a newspaper article likening a leading woman opposition MP to the femme fatale character in "Basic Instinct".

Ukraine war has consequences for Asia, EU chief tells India

Russia's invasion of Ukraine threatens India's regional security, the European Union chief said Monday during a trip to New Delhi aimed at fostering deeper strategic ties.

Philips take hit by supply problems, respirator recall

Philips on Monday reported net losses of over 150 million euros in the first quarter of 2022 as the Dutch health technology firm battled a faulty respirator recall and supply chain problems.

Activists block Russian oil tanker in Norway

Greenpeace activists in Norway blocked a Russian oil tanker from unloading its cargo near Oslo Monday, saying the shipment was helping to finance Russian President Vladimir Putin's "warfare".

Hong Kong press club scraps rights awards over 'red line' fears

Hong Kong's foreign press club scrapped its annual human rights awards on Monday citing fears it could be prosecuted for crossing "new red lines" as Beijing stamps out dissent in the international business hub.

Markets plunge on China lockdowns, rate hike fears

Stock markets and oil prices sank Monday on growing concern that lockdowns in China aimed at fighting a worsening Covid outbreak could further harm a world economy battling decades-high inflation.

Nissan ending production of Datsun brand vehicles

Japanese automaker Nissan is ending production of Datsun brand vehicles, less than a decade after reviving the famed budget car to woo cost-conscious customers in emerging markets, the company said on Monday.

Sri Lanka shares plunge as Buddhist leaders ask govt to resign

Sri Lanka's stock market halted trading after a nearly 13 percent plunge Monday as the island nation's beleaguered government faces new pressure to resign from influential Buddhist leaders over a crippling economic crisis.

London and Washington begin two days of trade talks

The UK on Monday began two days of talks with the United States, hoping for progress to secure a coveted post-Brexit free trade deal.

Gambian faces trial in Germany over AFP reporter murder

The trial began in Germany on Monday of a Gambian man accused of being part of a death squad that assassinated opponents of former dictator Yahya Jammeh, including an AFP journalist.

China lockdowns, rate hike fears batter stock markets

Stock markets sank Monday on growing concerns that lockdowns in China aimed at fighting a worsening Covid outbreak could threaten the country's economy and global supply chains.

World's oldest person dies in Japan at 119

A Japanese woman certified the world's oldest person has died at the age of 119, local officials said Monday.

Markets hit China economy worries, rate hike fears

Stock markets sank Monday on growing concerns that lockdowns in China aimed at fighting a worsening Covid outbreak could threaten the country's economy and global supply chains.

Sri Lanka exchange halts again after 13% plunge

Crisis-hit Sri Lanka's stock exchange halted again Monday after a nearly 13 percent plunge, derailing the bourse's tentative reopening after a two-week break aimed at forestalling a market collapse.

Gambian to face trial in Germany over AFP reporter murder

The trial begins in Germany on Monday of a Gambian man accused of being part of a death squad that assassinated opponents of former dictator Yahya Jammeh, including an AFP journalist.

Asian markets track Wall St rout, oil sinks

Asian markets sank Monday on growing concerns of a sharp hike in US interest rates as officials struggle to contain runaway inflation, while oil was hit by expectations Chinese demand will dry up owing to Covid lockdowns.

Olympic status gives surfing a boost in Cuba

When they were children, Cuba's surfers used to transform their school desks into boards to ride the waves.

Top US officials to visit Kyiv as Orthodox Easter marked by war

The United States' top diplomat and defence chief were Sunday set to make their first war-time visits to Kyiv since Russia invaded Ukraine two months ago, with fierce fighting casting a long shadow over Orthodox Easter.

Mexican bishop aims to tame drug violence with dialogue

A Mexican bishop who served in conflict-torn areas abroad and survived an attack by drug traffickers in his own country hopes dialogue with criminals will pacify one of Mexico's most violent regions.

Egypt gig economy workers face rough ride

Young men on bikes and scooters zip through Cairo, Egypt's sprawling megalopolis, dodging cars to deliver more than a million orders each day, with little physical or legal protection.

'Bleed us dry': Why tech platforms are facing rebellions

When Jak found online marketplace Etsy, it seemed like the perfect match: a tech platform for small traders to sell handmade items that promised to be a creative outlet and bring tidy profits.

Berliner Boersenzeitung - Economy (English)