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Featured

LVMH sales dip as Trump tariffs dent luxury tastes

Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on Monday.

Luka Modric becomes co-owner of Championship club Swansea

Real Madrid and Croatia midfielder Luka Modric has joined Swansea as an investor and co-owner, the Championship club announced on Monday.

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Trump's tariff exemptions give markets relief, but uncertainty dominates

US tariff exemptions for electronics prompted market rallies Monday from Asia to Wall Street, but uncertainty dominated in a global trade war that Chinese leader Xi Jinping warned can have "no winner."

Meta chief Zuckerberg testifies at landmark US antitrust trial

Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US anti-trust trial in which his social media juggernaut stands accused of abusing its market power to acquire Instagram and WhatsApp before they could become competitors.

Goldman Sachs profits rise on strong equity trading results

Goldman Sachs reported Monday higher first-quarter profits on strength in equity trading, offsetting a hit from losses in investments on public stock markets.

Hungarian lawmakers back constitutional curbs on LGBTQ people, dual nationals

Hungarian lawmakers on Monday overwhelmingly backed constitutional changes targeting the country's LGBTQ community and dual nationals, the latest step to strengthen longtime nationalist Prime Minister Viktor Orban's self-styled "illiberal" brand of democracy.

Argentine peso depreciates after exchange controls lifted

Argentina's currency dropped 8.4 percent against the US dollar as markets opened in Buenos Aires Monday, after the partial lifting of exchange controls in place for six years.

Kim Kardashian will testify at Paris jewellery theft trial: lawyer

US reality television star Kim Kardashian is to testify in person at an upcoming French trial over an armed robbery of her jewellery in Paris in 2016, her US lawyer Michael Rhodes said Monday.

China warns UK against 'politicising' steel furnaces rescue

Beijing on Monday warned against "politicising" the rescue of Chinese-owned British Steel, as the UK government raced to secure raw materials to keep the country's remaining steelmaking blast furnaces running.

Xi calls on China, Vietnam to 'oppose unilateral bullying' on regional tour

Chinese leader Xi Jinping on Monday called on his country and Vietnam to "oppose unilateral bullying", Beijing's state media reported, during a regional tour as leaders confront US tariffs.

Stocks rise on new tariff twist

Stock markets rose, gold hit another record high and the dollar regained some ground Monday as investors grappled with the latest twists and turns in US President Donald Trump's trade war.

China, Vietnam sign agreements after Xi warns protectionism 'leads nowhere'

China and Vietnam signed dozens of cooperation agreements Monday, strengthening ties between the communist-run countries after Chinese leader Xi Jinping warned that protectionism "leads nowhere" and that a trade war would have "no winners".

Stocks rise on tech tariffs respite, gold hits new high

Stock markets rose firmly on Monday after fears over US President Donald Trump's trade war were tempered by tariff exemptions for smartphones, laptops, semiconductors and other electronic products.

Trump says no one 'off the hook' on tariffs but markets rise

Markets on Monday welcomed a US tariffs reprieve for electronics, but President Donald Trump warned no country would get "off the hook" in his trade war -- especially China.

Trump spotlight divides S.Africa's Afrikaners

Country music and the aroma of pancakes enveloped the "Boeremark", or farmer's market, outside South Africa's capital Pretoria where thousands of Afrikaners browsed on a Saturday morning.

Chinese exports soared in March ahead of Trump's 'Liberation Day'

China said Monday that exports soared more than 12 percent last month, beating expectations as businesses rushed to get ahead of swingeing tariffs imposed by US President Donald Trump on his so-called "Liberation Day".

China's exports beat forecast in March despite trade war woes

China said Monday that exports soared 12.4 percent year-on-year last month, beating expectations as Beijing navigated mounting trade headwinds sparked by US President Donald Trump.

Solar park boom threatens Spain's centuries-old olive trees

At his farm in southern Spain, Francisco Campos looked worriedly at a green sea of centuries-old olive trees that he fears will face the axe to make way for a proposed solar park.

Trump tariff rollercoaster complicates ECB rate call

US President Donald Trump's on-and-off tariffs have clouded the picture for European Central Bank policymakers meeting this week to decide whether to lower eurozone interest rates again.

Asian stocks rise on electronics tariffs exemption, gold hits new high

Asian stocks rose Monday as trade war fears were tempered by Donald Trump's announcement of tariff exemptions for electronics, though the dollar weakened and safe-haven gold hit a fresh record amid fears the relief would be short-lived.

Xi warns protectionism 'leads nowhere' as starts SE Asia tour

Chinese leader Xi Jinping warned Monday that protectionism "leads nowhere" and that a trade war would have "no winners", state media said, as he was due to kick off a tour of Southeast Asia with a visit to Vietnam.

Trump warns no country 'off the hook' on tariffs

US President Donald Trump warned Sunday that no country would be "getting off the hook" on tariffs, as his administration suggested exemptions seen as favoring China would be short-lived.

Trump downplays tariffs walk-back, says no country 'off the hook'

US President Donald Trump warned Sunday that no country would be getting "off the hook" on tariffs despite a 90-day reprieve on some levies, while also downplaying exemptions for Chinese technology.

Trump advisor Navarro looks to cool spat with Musk

Donald Trump's trade advisor Peter Navarro on Sunday insisted that "everything's fine with Elon" Musk, after the Tesla chief called him a "moron."

Moviegoers digging 'Minecraft Movie,' tops in N.America theaters

"A Minecraft Movie" easily held on to the top spot in North American theaters this weekend with estimated ticket sales of a solid $80.6 million, analysts said Sunday.

Paris Olympic torches, other memorabilia auctioned off

Torches used in the 2024 Paris Olympics, and numerous other official memorabilia were auctioned off on Sunday, with fans and a museum among the keen bidders.

US says tech tariff exemptions may be short-lived

Recent exemptions to sweeping US import tariffs may be short-lived, top officials warned Sunday, as China urged the Trump administration to simply abandon its aggressive trade tax policy altogether.

China calls on US to 'completely cancel' reciprocal tariffs

China on Sunday called on the United States to "completely cancel" its reciprocal tariffs after Washington announced exemptions for consumer electronics and key chipmaking equipment.

Bulgarian border city hails Schengen tourism boom

There always used to be a long line of traffic waiting to cross the steel truss Danube Bridge over the river between Giurgiu in Romania and the Bulgarian city of Rousse on the other side.

Harvey Weinstein sex crimes retrial to begin Tuesday in NY

The retrial of Harvey Weinstein, whose prosecution and conviction for rape and sex assault ignited the "MeToo" movement, kicks off in New York on Tuesday.

World Expo opens in Japan in rocky times

World Expo opened on Sunday with 160 countries and regions showcasing their technology, culture and food, with host Japan hoping to provide the world with some much-needed hope.

Ecuador's presidential hopefuls face toxic brew of crime, unemployment

Cartel violence is hollowing out Ecuador's largest city Guayaquil, scaring away tourists, pummelling the economy and leaving whoever wins Sunday's presidential election with a gargantuan problem.

Accord reached 'in principle' over tackling future pandemics: negotiating body

WHO members on Saturday reached agreement over how to tackle future pandemics after three years of discussions, the co-chair of the negotiating body told AFP.

Junta chief frontrunner as Gabon holds first election since 2023 coup

Gabonese voters began casting ballots on Saturday in a presidential election with eight candidates that is widely expected to make junta chief Brice Oligui Nguema the oil-rich central African country's first elected leader since his 2023 coup.

Volkswacht Bodensee - Economy (English)