Japan’s economy unexpectedly slips into recession, hurt by weak domestic demand

An editorial picture of the Japan flag set against an economic trend graph and images associated with the stock market, finance and digital technology. Manassanant Pamai | Istock | Getty Images Japan’s economy dipped into a technical recession, after unexpectedly contracting again in the October-December period, provisional government data showed Thursday. High inflation crimped domestic demand … Read more

38-Year-Old German Arrested Over Cannabis Gummies At Airport In Russia

The arrested could face up to seven years in jail under Russia’s drug laws. (Representational) Berlin: A 38-year-old German man has been arrested at St Petersburg airport in Russia after edible cannabis gummies were found in his luggage, the German foreign ministry confirmed on Wednesday. “I can confirm that we are aware of the case … Read more

Germany’s economy is on shaky ground and there are few signs of hope

Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner (FDP), Federal Minister of Finance, follow the debate at the start of the budget week. Michael Kappeler | Picture Alliance | Getty Images Good news has been sparse for the German economy. And … Read more

Passengers left ‘traumatised’ after man dies on Lufthansa flight from Bangkok to Munich

A man has died during an international flight after he began feeling unwell and bleeding from his mouth and nose. Passengers were left “traumatised” after the German man began coughing up blood before collapsing and dying next to his wife mid-air during the flight on Thursday night. The 63-year-old man reportedly boarded a Lufthansa flight … Read more

Putin hints at swapping Wall Street Journal reporter for Russian prisoner

U.S. journalist Evan Gershkovich, who was detained in Russia on spying charges, is escorted out of the Lefortovsky Court building in Moscow on Jan. 26, 2024. Alexander Nemenov | Afp | Getty Images Russian President Vladimir Putin on Thursday said “an agreement can be reached” over the release of detained Wall Street Journal reporter Evan … Read more

Deutsche Bank smashes profit estimates and boosts shareholder returns

Deutsche Bank on Thursday smashed fourth-quarter earnings expectations, reporting net profit of 1.3 billion euros ($1.4 billion) and announcing a further 1.6 billion euros in shareholder returns for 2024. The quarterly net profit figure marked an almost 30% fall from the same quarter a year ago but was significantly higher than the 785.61 million euros … Read more

Potential measles exposure on flight to Pearson, at ONroute and clinic: Windsor, Ont. health unit

Descrease article font size Increase article font size The Windsor-Essex County Health Unit is issuing a public warning over the potential exposure to measles at four locations on Jan. 11 and 15. The locations involve flights from Romania to Germany and from Germany to Toronto, an ONroute location and a walk-in clinic in Windsor, Ont. The … Read more

Germany the ‘tired man’ of Europe, finance minister admits

BERLIN, GERMANY – NOVEMBER 15: German Finance Minister Christian Lindner gives a statement to the media at the Chancellery following the weekly government cabinet meeting on November 15, 2023 in Berlin, Germany. The topic was a ruling by the German Constitutional Court declaring that the coalition government’s shift of federal money in 2021 originally earmarked … Read more

Davos leaders see a new normal in 2024

President of the European Central Bank (ECB) Christine Lagarde attends a session on the closing day of the World Economic Forum (WEF) annual meeting in Davos, on January 19, 2024.  Fabrice Coffrini | Afp | Getty Images European Central Bank President Christine Lagarde said she does not expect a return to economic “normality” in 2024, … Read more

Germany hit by major disruption amid rail strikes and farmer blockades

Highspeed ICE trains stand still in front of frankfurt’s skyline at Frankfurt main station, western Germany, on January 10, 2024, as German train drivers start a nationwide three-day strike from after wage talks broke down. Kirill Kudryavtsev | Afp | Getty Images Germany is in the grip of major travel disruption. A three-day nationwide strike … Read more