Zürcher Nachrichten

Featured

Toll from French tram crash rises to 68 injured

The toll from a collision of two trams in Strasbourg has risen to 68 injured in a rare accident that sowed panic near the eastern French city's main train station, authorities said Sunday.

Apple wants to keep diversity programs disavowed by other US firms

Apple's board of directors has recommended shareholders vote against a proposal to end the company's diversity, equity and inclusion (DEI) programs, going against the grain of decisions by other large US corporates.

Last news

Honda yearly earnings solid despite chip crunch

Japanese auto giant Honda said Friday net profit rose 7.6 percent in the financial year to March, benefiting from strong motorbike sales and a weaker yen.

Asian stocks up after Fed boss calms nerves over rates

Asian equities were mostly up Friday following a tumultuous trading period on Wall Street, but analysts said the outlook remained bleak as inflation, the Ukraine war and Chinese lockdowns weigh on sentiment.

Germans rethink their way of death

Germans are finding that death no longer quite becomes them.

Contemporary art to the metaverse: Takashi Murakami's poppy trip

Takashi Murakami is known for blending pop art and Asian fine arts, but for his latest exhibition in New York, he is moving into the metaverse.

Degas, Picasso sculptures bring record prices in New York

A sculpture by Edgar Degas sold Thursday for $41.6 million at Christie's in New York, the highest price paid at auction for a work by the French artist, while a bronze by Pablo Picasso also broke a record.

Asian stocks up as investors calm over potential Fed moves

Asian equities were mostly up Friday following a tumultuous trading period on Wall Street, which rebounded at the close after investors calmed down about US policies to counter surging inflation.

Lawyer who argued landmark US abortion case outraged over possible reversal

The leak of a US Supreme Court draft ruling that would seemingly overturn the landmark Roe v. Wade decision securing a nationwide right to abortion has sparked widespread outrage -- but attorney Linda Coffee is especially miffed.

US abortion debate spills over into Canada

Anti-abortion activists galvanized, supporters of the right to the procedure aghast and worried: a debate in the United States has spilled over the border into Canada.

US baby formula shortage gives Biden new headache

The White House vowed Thursday to take action to boost supplies of baby formula as President Joe Biden was slammed by Republicans for crippling shortages nationwide.

Baby formula shortage gives Biden new headache

The White House vowed Thursday to take action to boost supplies of baby formula as President Joe Biden was slammed by Republicans for crippling shortages nationwide.

US Senate confirms Powell for second term as central bank chief

The US Senate on Thursday confirmed Jerome Powell to a second term as head of the Federal Reserve, as the central bank fights to crush soaring inflation.

Global stocks down, euro slumps over growth and inflation worries

World equities mostly fell Thursday and the euro hit a five-year dollar low as investors worried about growth amid stubborn inflation and rising interest rates.

US Senate set to confirm Powell for second term as central bank chief

The US Senate was poised Thursday to confirm Jerome Powell to a second term as head of the Federal Reserve, as the central bank works to crush soaring inflation.

Global stocks, euro slump over US inflation alarm

World equities tanked Thursday and the euro hit a five-year dollar low as slowing US inflation failed to dent fears of rising global interest rates.

Show over for Paris' famed Lido cabaret

High-kicking showgirls and nightly cabaret shows at the famed Parisian Lido club on the Champs-Elysees are set to be a thing of the past after the venue's new owner confirmed mass lay-offs on Thursday.

Global stocks slump on alarm over US inflation

World equities tanked Thursday as slowing US inflation failed to dent fears of rising global interest rates and sent oil prices diving on demand concerns.

UK recession risk gathers pace as economy shrinks in March

Britain's economy shrank in March on fallout from soaring inflation, increasing the prospect of the country falling into recession.

Taiwan's Foxconn says impact from Chinese lockdowns limited

Taiwanese tech giant Foxconn on Thursday said the impact on production from Covid lockdowns in China was "limited" and most of its facilities in the country were operating normally.

How Sri Lanka's economy went into a tailspin

Sri Lanka is suffering its worst economic crisis since its independence from Britain in 1948.

Asian, European stocks down as inflation fears churn markets

Asian and European equities slumped on Thursday following Wall Street's lead, after a key US report renewed fears of inflation and a tightening of monetary policies.

UK oil capital tackles the energy transition... up to a point

In Aberdeen, northeast Scotland, offshore wind turbines, the extension to the city's port, and hydrogen buses are clear evidence of the move to green energy.

SoftBank reports record loss as tech shares tank

Japanese investment giant SoftBank Group on Thursday logged a record annual net loss after a bruising year that saw its assets hit by a US tech-share rout and a regulatory crackdown in China.

Nissan reports first full-year net profit in three years

Nissan said Thursday its full-year net profit to March 2022 returned to the black for the first time in three fiscal years, citing cost-saving efforts and positive US market conditions.

With Russians gone, French Riviera woos other big spenders

Private chef Selim M'nasri used to cook for wealthy Russians on the French Riviera once a month, but he says it has been "radio silence" from them since Moscow's invasion of Ukraine.

UK economic growth slows in first quarter

Britain's economy grew at a slower pace in the first quarter compared with the final three months of last year as the country battled soaring inflation, official data showed Thursday.

SoftBank reports record $13 bn full-year net loss

Japan's SoftBank Group on Thursday logged a record annual net loss after a bruising period that saw its assets hit by a US tech-share rout and a regulatory crackdown in China.

Erdogan opponents allege Greek border pushbacks

For years Greece has been accused of illegally pushing asylum-seekers back to Turkey, a practice it strenuously denies.

How will Lebanon vote impact the crisis-hit economy?

The Lebanese parliament voted in on Sunday will have to tackle overdue reforms required for international assistance the cash-strapped country desperately needs.

Asian stocks down as inflation fears churn markets

Asian equities slumped on Thursday following Wall Street's lead, as markets churned after a key US report renewed fears of inflation and a tightening of monetary policies.

US eyes trade deal-lite as Southeast Asian leaders gather

The United States is preparing a scaled-back version of a trade pact as Southeast Asian nations gather in Washington, where President Joe Biden is seeking to show solid commitment in the face of a rising China.

US stocks fall, oil rallies as inflation stokes market volatility

Wall Street stocks slumped and oil prices rallied Wednesday as markets churned with more volatility after a report showed US inflation moderated less than investors had been expecting.

US Republicans block contentious Senate abortion rights vote

A Democratic drive to make the right to abortion the law of the land failed in the US Senate on Wednesday after Republicans refused to allow a vote on the deeply polarizing issue that threatens to upend the upcoming midterm election campaign.

EU-wide mask rules for flights, airports eased from Monday

EU-wide guidance on requiring masks for air travel will be lifted from next week, the bloc's aviation safety agency said on Wednesday, as the pandemic eases in Europe.

Brazil April inflation hits 26-year high

Brazil's inflation rate hit a 26-year high for the month of April, the government said Wednesday, as spiraling prices continued to defy the central bank's push to rein them in.

UK's Johnson downplays EU trade war fears over N.Ireland protocol

Prime Minister Boris Johnson on Wednesday downplayed the prospect of triggering a UK trade war with the EU by threatening to pull post-Brexit arrangements in Northern Ireland, despite European warnings that he risks breaching international law.

Ireland warns UK against threats to Brexit protocol

Ireland's foreign minister on Wednesday said the UK risked a breach of international law if it scraps the trade rules it signed with the EU for Northern Ireland.

iPod RIP: How Apple's music player transformed an industry

At the height of its powers the pocket-sized music player known as the iPod shifted tens of millions of units each year, helping Apple to conquer the globe and transforming the music industry.

US inflation slowed in April but prices for many goods rising

US inflation slowed in April, according to new data Wednesday, but Americans continue to see their wallets empty faster when they buy groceries and pay the rent.

New Airbnb feature aims to 'redistribute' tourists from oversold venues

Seeking to address "over-tourism" at popular destinations, Airbnb unveiled Wednesday a new feature that encourages users to search by trip category, not only destination.

Zürcher Nachrichten - Economy (English)