Zürcher Nachrichten

Featured

Trump federal spending freeze sparks confusion, fury

The healthcare system for millions of low-income Americans and rafts of other programs were thrown into disarray Tuesday after President Donald Trump ordered a freeze on federal funding, a move opponents blasted as unconstitutional.

DeepSeek shock shows Europe not out of AI race: experts

China-based DeepSeek's artificial intelligence model has shaken the sector by offering high performance apparently at a fraction of the cost of those developed by US giants, with many experts saying the release also hints at opportunity for investment minnow Europe.

Last news

European watchdog takes aim at online gambling, gaming among youths

Online gambling and gaming can cause depression and other mental health issues in young people, which the Council of Europe rights watchdog is trying to counter with a new project encouraging good policy and awareness raising.

US stocks, Nvidia shares steady after Chinese AI shock

US stocks and shares in chip-making giant Nvidia on Tuesday clawed back some of their losses following a sell-off triggered by the sudden success of Chinese artificial intelligence firm DeepSeek.

Hopes for turnaround lift Boeing shares despite huge losses

Boeing reported a hefty fourth-quarter loss Tuesday following a bruising 2024, but shares rallied on hopes that early turnaround signs under a new CEO may bear fruit.

France savours competitive cooking win as restoring lost prestige

After major investments in a bid to restore its lost national culinary prestige, France savoured victory Tuesday at the world's most prestigious international cooking competition, the Bocuse d'Or.

Police arrest two after protest at Sigourney Weaver London play

UK police said on Tuesday they had arrested two people a day after climate activists disrupted a London play starring Hollywood actress Sigourney Weaver.

Spain jobless rate falls to lowest level since 2008 crisis

Spanish unemployment fell last year to its lowest level since the 2008 global financial crisis as the tourism-driven service sector performed strongly, official data showed on Tuesday.

Climate activists fire confetti cannon at Sigourney Weaver London play

Two climate activists disrupted a London stage performance of William Shakespeare's "The Tempest", starring Hollywood actress Sigourney Weaver, on Monday.

German, Danish leaders meet after Trump Greenland warnings

German Chancellor Olaf Scholz and Danish Prime Minister Mette Frederiksen met on Tuesday in a show of unity after US President Donald Trump again stressed his designs on Greenland.

Breakout Chinese AI 'programmed' to toe the party line

Chinese AI chatbot DeepSeek has made waves in Silicon Valley, stunning investors and industry insiders with its ability to match the skills of its Western competitors at a fraction of the cost.

Trump warns of 'wake-up call' as low-cost Chinese AI jolts sector

Fears of upheaval in the AI gold rush rocked Wall Street on Monday following the emergence of a popular ChatGPT-like model from China, with US President Donald Trump saying it was a "wake-up call" for Silicon Valley.

How Donald Trump weaponized tariffs

When President Donald Trump learned Colombia had pushed back on US deportations, his threat of a massive trade war laid out the stakes: cooperate, or else.

EU, Britain to face off in post-Brexit fishing battle case

A tiny silver fish which is an important food source in the North Sea will take centre stage Tuesday as the European Union and Britain square off over post-Brexit fishing rights.

Do or DEI: Trump's assault on diversity divides America

For President Donald Trump's allies, his crackdown on the "illegal and immoral discrimination" of equal opportunities programs reflects a shifting US electorate that has lost patience with ineffective and performative political correctness.

'Tell the world': Holocaust survivors entrust memories to AI

Survivors of the Holocaust have entrusted their memories of the Nazi death camps to artificial intelligence to ensure that generations to come can access recollections of the genocide of six million Jews.

Chinese property giant Vanke warns of huge loss, CEO resigns

Indebted Chinese property giant Vanke said Monday that its CEO had resigned due to "health reasons", after state-backed media reported he had been taken away by authorities.

Taiwan identifies 52 'suspicious' Chinese ships for close monitoring

Taiwan has identified 52 "suspicious" Chinese-owned ships flying flags of convenience that require close monitoring if detected near the island, the coast guard said Monday, as Taipei seeks to protect its subsea telecoms cables.

Chinese lion dance troupe shrugs off patriarchal past

Flinging her male teammate into the air, performer Lin Xinmeng practises China's world-famous lion dance with a troupe that is shrugging off centuries of patriarchal norms.

Asian stocks drop as tariff fears return, new AI programme emerges

Asian markets mostly fell Monday on fresh trade fears after Donald Trump's threat to impose huge tariffs on Colombia in retaliation for its refusal to accept deportation flights from the United States.

Troubled European carmakers to talk fines and EVs with EU

Europe's biggest carmakers will converge on Brussels for talks this week as the EU seeks to chart a way forward for an embattled industry struggling to cope with Chinese competition and climate rules.

Japan's Osaka bans street smoking ahead of Expo 2025

The Japanese city of Osaka on Monday imposed a smoking ban on public streets as part of efforts to become more visitor-friendly ahead of this year's World Expo.

ECB to cut rates again, with a nervous eye on Trump

Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump's protectionist agenda.

Universal, Spotify ink multi-year deal

Universal Music Group, the world's largest music company, and streaming behemoth Spotify on Sunday announced a multi-year direct deal that will affect both recording and publishing royalty rates.

Undersea cable between Sweden and Latvia damaged, both countries say

Latvia said it had dispatched a warship on Sunday after damage to a fibre optic cable to Sweden that may have been "due to external factors".

Belarusians near Ukraine border long for end to war

Living 30 kilometres from the Ukrainian border, Belarusian retiree Sergei Budyukhin says the war on the other side of the frontier never feels far away.

US Fed prepares to pause in first rate decision since Trump's inauguration

The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from President Donald Trump.

Rubbish roads: Nepal explores paving with plastic

Cars speeding along a smooth, black-coloured street in Nepal's Pokhara are also driving over heaps of discarded plastic, transformed into an ingredient in road construction.

US stocks retreat while yen gains on Bank of Japan rate hike

Wall Street stocks retreated Friday as the market's latest rally lost steam, while the yen pushed higher after the Bank of Japan lifted interest rates.

Serbians strike in protest over fatal roof collapse

Thousands of young people took to streets across Serbia on Friday, after student protest organisers called for a general strike over the fatal collapse of a train station roof in November.

Meta plans to invest $60 bn or more in AI this year

Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60 billion in artificial intelligence in 2025, aiming to lead in the technology.

Croatians boycott shopping to protest high prices

Supermarket aisles were quiet across Croatia on Friday as consumers protested high food prices by joining a boycott on shopping.

US home sales in 2024 weakest in nearly 30 years

Sales of previously owned US homes slipped to their weakest level in about three decades last year on the back of high housing prices and mortgage rates, according to industry data released Friday.

Stocks diverge as investors weigh earnings, Trump policies

Global stock markets were pulled in different directions on Friday as investors weighed corporate earnings, economic data and US President Donald Trump's policies.

Zürcher Nachrichten - Economy (English)