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Work starts on key German wind power energy line
Construction work has started on the long-delayed 700-kilometre (430-mile) power line that will transfer wind-generated electricity from northern to southern Germany, the economy ministry said Monday, pushed by an energy crisis.
Stock markets rise as US inflation data, ECB rate loom
Stock markets rose on Monday at the start of a busy week that includes key US inflation data and a European Central Bank decision on interest rates.
Job fears at UK retailer Wilko after partial rescue deal fails
Thousands of job losses at struggling UK household goods retailer Wilko are looking increasingly likely after the owner of the HMV music store chain said Monday that talks for a last-ditch rescue deal had collapsed.
EU cuts eurozone 2023 growth forecast, sees German recession
The European Commission cut its 2023 and 2024 eurozone economic growth forecasts on Monday, with the single currency area weighed down by Germany's poor performance.
HMV owner's bid for UK retailer Wilko falls through
A last-ditch bid to save thousands of jobs at struggling UK household goods retailer Wilko has collapsed, the owner of the HMV music store chain said on Monday.
History on tap: Brussels serves beer museum to thirsty visitors
Sightseers who flocked to a grand reopening of the refurbished Brussels stock exchange building this weekend were invited to chase the visit down with a side order of Belgium's top tipple -- beer.
Savoy dynasty daily life on display with Geneva auction
Porcelain figurines, a white faux-leather sofa and a foosball table: these are among the items in a House of Savoy auction, providing a rare glimpse into the everyday life of royals.
China says to curb 'disruption' in currency market
China's central bank said on Monday it would crack down on speculation that distorts the value of the yuan as the country's currency sees persistent volatility.
Biden leads US tech execs in Vietnam talks
US President Joe Biden and senior executives from top American tech firms including Google and Intel will meet Vietnamese business leaders Monday after the two countries agreed to deepen cooperation in the face of shared concerns about China.
Macron in Bangladesh to 'consolidate' France's Indo-Pacific push
President Emmanuel Macron was in Bangladesh on Monday in a bid to "consolidate" France's Indo-Pacific strategy and counterbalance a "new imperialism" in a region where China's influence is increasingly being extended.
Alibaba announces surprise departure of ex-CEO
Chinese e-commerce giant Alibaba has announced the surprise departure of former CEO Daniel Zhang, who had been set Monday to take charge of a key subsidiary as the firm undergoes a major restructuring.
Support slumps for Australian Indigenous rights referendum
Australia's historic Indigenous rights referendum is haemorrhaging support, with a barrage of damning new polls showing only a minority in favour of the October vote.
Pause or hike? ECB rate decision on a knife edge
The European Central Bank is walking a tightrope between still-high inflation and a darkening eurozone outlook as it decides whether to lift interest rates again or finally pause its historic hiking cycle.
The worst market crashes
Fifteen years ago, on September 15, 2008, the Lehman Brothers investment bank went bankrupt, a victim of the global financial crisis during which stock markets crashed.
Strike worries overshadow Detroit Auto Show
This week's Detroit Auto Show is meant to showcase impressive new electric vehicles, but the fanfare looks destined to be upstaged by a brewing labor dispute and the increasing likelihood of a strike.
Arm's listing on NY exchange is a big wager in an uncertain market
Shares in the British chip designer Arm will be listed Thursday on New York's Nasdaq exchange in the biggest such offering in two years, a $50 billion wager by principal shareholder SoftBank Group amid a still uncertain market.
How it went down: Three accounts of the Lehman bankruptcy
A key catalyst for the 2008 global financial crisis, the bankruptcy of Lehman Brothers still reverberates for those who lived through it. Here are the accounts of three who were there.
Troops dislodge 11,500 illegal miners from Venezuelan reserve
Venezuelan soldiers have dislodged more than 11,500 illegal gold miners from the country's biggest natural reserve since July, where they cleared forest and contaminated water, the head of the military operation announced Sunday.
Family killed by Nazis beatified in Catholic first
A Polish couple and their seven children, killed by Nazis during World War II for hiding Jews, were beatified Sunday, the first time an entire family was given one of Catholicism's highest honours.
Family killed by Nazis to be beatified in Catholic first
A Polish couple and their seven children, killed by Nazis during World War II for hiding Jews, will be beatified Sunday, the first time an entire family is given one of Catholicism's highest honours.
Wet feet dampen G20 leaders' Gandhi tributes in India
World leaders walked barefoot through puddles Sunday to pay their respects to revered Indian independence hero Mahatma Gandhi, after monsoon downpours dampened Prime Minister Narendra Modi's set-piece G20 programme.
Italian PM Meloni targets tight 2024 budget
Italian Prime Minister Giorgia Meloni is tightening the budgetary screws to show that Rome can balance its books, even if it means delaying electoral promises.
US takes on Google in landmark antitrust trial
Google faces its biggest ever legal challenge in a Washington court on Tuesday, as it fends off accusations from the US government that it acted unlawfully to build its overwhelming dominance of online search.
Rodgers backs Henderson against 'morality officers' over Saudi move
Celtic manager Brendan Rodgers has called critics of Jordan Henderson's move to Saudi Arabia "morality officers" after the former Liverpool captain apologised for upsetting the LGBTQ community.
Stocks waver on renewed inflation fears
Wall Street fell and European stock markets wavered on Wednesday on fears of more interest-rate hikes as oil prices climbed, stoking fresh concerns about high inflation.
US trade deficit widens slightly on rise in imports
A rise in imports widened the US trade deficit in July, government data showed Wednesday, although the increase was smaller than analysts had expected.
Erdogan pledges support for higher interest rates
Turkish President Recep Tayyip Erdogan on Wednesday confirmed a major policy reversal by backing his new economic team's decision to drastically hike interest rates to fight runaway inflation.
Moderna says updated Covid vaccine fares well against new variant
Moderna said Wednesday its updated fall Covid booster, which is pending approval from the Food and Drug Administration, performed well against the highly mutated BA.2.86 variant.
Music firm Universal announces streaming overhaul
The world's biggest music publisher Universal, whose catalogue includes artists from Taylor Swift to the Beatles, announced a deal on Wednesday it says will shake up the way artists are rewarded for streaming.
European stocks drop as oil spike fans inflation woes
European equities retreated Wednesday on fears of more interest-rate hikes, one day after oil hit a ten-month peak and stoked fresh fears about high inflation.
Taiwan chip giant TSMC says Arizona plant making 'fast progress'
Taiwan chip giant TSMC's planned factory in the United States was making "fast progress", the company's chairman said Wednesday, despite it facing a delayed start due to worker shortages and reported union disputes.
EU hits tech titans with tougher market restraints
The European Union on Wednesday unveiled the list of digital giants -- including Apple, Facebook owner Meta and TikTok parent ByteDance -- that will face tough new curbs on how they do business.