Planes at Berlin, Hamburg and Bremen airports grounded due to strike
Berlin, Bremen and Hamburg airports said no commercial flights would take off on Monday due to a strike by trade union Verdi over pay.
“Due to the warning strike by ...
Articles
Tech execs race to save startups from ‘extinction’ after SVB collapse
Technology executives, prominent venture capitalists and founders including OpenAI CEO Sam Altman raced this weekend to keep alive companies caught up in the collapse of Silicon Valley Bank (SIVB.O).
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Ukraine, Russia locked in brutal battle in Bakhmut, casualties mount
Ukrainian forces faced relentless Russian attacks on Bakhmut in its eastern Donetsk region on Monday, with both sides reporting mounting enemy casualties as they battled across a small river that ...
Silicon Valley Bank’s fall widens systemic cracks as cheap money vanishes
Cracks are appearing in the global financial system as the decade-long era of cheap money ends, with some investors worrying the shock collapse of Silicon Valley Bank signals world markets ...
Explainer: What caused Silicon Valley Bank’s failure?
SVB Financial Group Inc’s (SIVB.O) shutdown and takeover by banking regulators on Friday can be traced to the US Federal Reserve raising interest rates and souring the risk ...
Offbeat multiverse movie ‘Everything Everywhere’ dominates the Oscars
“Everything Everywhere All at Once” won the coveted best picture trophy at the Academy Awards on Sunday as Hollywood embraced an off-kilter story about a Chinese-American family working out their ...
US weighs new fund to backstop deposits if more banks fail
The US Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a fund that would allow regulators to backstop more deposits at banks that run into ...
Eight dead after two boats capsize near San Diego
At least eight people have died after two fishing boats capsized off the coast of San Diego, California, emergency officials said on Sunday.
San Diego Fire-Rescue said in a statement ...
West Ham out of relegation zone with 1-1 draw v Villa
West Ham United drew 1-1 with Aston Villa in the Premier League on Sunday, with Said Benrahma scoring from the penalty spot to cancel out Ollie Watkins’s early opener, ...
League leaders Arsenal cruise to 3-0 win over Fulham
Arsenal restored their five-point lead at the top of the Premier League with an emphatic 3-0 victory over Fulham on Sunday and carved out a small slice of top-flight history ...
Ten-man Manchester United held 0-0 by Southampton
Manchester United endured a frustrating afternoon in the Premier League on Sunday with a 0-0 draw against bottom-placed Southampton marked by the expulsion of midfielder Casemiro.
The Brazilian’s 34th-minute ...
Russia says forces continue attack in Ukraine’s Donetsk region
Russia’s defence ministry said on Sunday that its forces continued to conduct military operations in Ukraine’s eastern Donetsk region, claiming to have killed more than 220 Ukrainian servicemen over ...
Greeks rally over train crash, labour unions gear for more walkouts
Thousands of people rallied in central Athens on Sunday to protest over the country’s deadliest train disaster that killed 57 people on Feb. 28, as Greece’s largest labour unions geared ...
Record-strength cyclone Freddy pounds Mozambique after making second landfall
Cyclone Freddy battered central Mozambique on Sunday after making landfall for a second time in a month, breaking records for the duration and strength of tropical storms in the southern ...
‘A thin existence’: man stranded in Turkey after being refused entry to Britain
By Ali Kucukgocmen
Stranded in Turkey since being barred from boarding a flight to Britain more than two months ago, Siyabonga Twala spent his 34th birthday on Saturday away from ...
UK’s Hunt says his budget will get more people into work
By William Schomberg and Sarah Young
British finance minister Jeremy Hunt said he would use this week’s budget plan to remove barriers, including high childcare costs, that are stopping ...
Champagne carpet and crisis team ready for Oscars celebration
Hollywood stars will walk a champagne-colored carpet at the Oscars on Sunday when organizers aim to keep the spotlight on “Everything Everywhere All at Once,” “Top Gun: Maverick” and other ...
UK races to minimise damage from Silicon Valley Bank collapse
British finance minister Jeremy Hunt said on Sunday he was working with Prime Minister Rishi Sunak and Bank of England Governor Andrew Bailey to “avoid or minimise damage” resulting from ...
Finding Covid-19’s origins is a moral imperative: WHO’s Tedros
Discovering the origins of COVID-19 is a moral imperative and all hypotheses must be explored, the head of the World Health Organization said, in his strongest comments yet that the ...
Saudi Aramco reports record profit of $161.1 billion in 2022
By Hadeel Al Sayegh and Maha El Dahan
Saudi Arabian oil giant Aramco 2222.SE on Sunday reported a record annual net profit of $161.1 billion for 2022, up 46% from the year earlier, ...
China chooses continuity, retaining central bank chief, finance minister
China unexpectedly kept its central bank governor and finance minister in their posts at the annual session of the rubber-stamp parliament on Sunday, prioritising continuity as economic challenges loom at ...
Tesla hits the brakes but rare earths juggernaut rolls on
Tesla (TSLA.O) will eliminate the use of rare earths in its next-generation electric vehicles (EV).
The big reveal at the company’s investor day last week caused a sell-off ...
Rice into low-carbon plastic: bringing hope to a struggling Fukushima town
Jinichi Abe grins as he watches diggers working earth near his rice fields, knowing they are returning still more fields to productivity after Fukushima nuclear reactors exploded and sprayed the ...
Nissan to overhaul electric powertrains for EVs, hybrids in search of cost cuts
Nissan on Thursday said it will overhaul its approach to powertrains for all-electric and hybrid petrol-electric vehicles as it aims to bring hybrid prices in line with those of petrol-powered ...