Adidas boosts yearly profit outlook despite Trump-era tariff pressures
Germany’s Adidas increased its full-year profit guidance, saying it managed to cushion some of the extra expenses resulting from higher U.S. tariffs...
Germany has suspended admissions of refugees via a UN resettlement programme, the interior ministry said on Tuesday, as a new coalition government that is expected to tighten immigration rules prepares to take office.
Migration has been a contentious issue in coalition negotiations between Friedrich Merz's conservative CDU/CSU bloc and the centre-left Social Democrats, which are expected to conclude within weeks.
The conservatives are advocating a stricter approach to asylum seekers in response to rising support for the far-right Alternative for Germany (AfD) party and several violent incidents involving refugees.
The two sides have struck a preliminary agreement to end voluntary federal admission programmes for refugees such as the U.N. programme - the only one currently active - and not to launch any new ones, according to a document seen by Reuters.
Germany has participated since 2016 in a European Union resettlement scheme that accepts refugees selected by the U.N. refugee agency, UNHCR. Most come from Turkey, Egypt, Jordan or Kenya, or from Libya via Rwanda.
The ministry said 4,711 people had arrived in Germany through the programme since 2024, out of the 13,000 refugees that Germany has promised the European Commission it will take in for 2024 and 2025 combined.
Despite the suspension, admissions that are already well advanced, with concrete commitments, will go ahead, a ministry spokesperson said.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
President Donald Trump rejected a request from leading Democratic lawmakers to meet until the three-week-old U.S. government shutdown is brought to an end on Tuesday.
A Colombian court has overturned former President Álvaro Uribe’s convictions for fraud and bribery, halting a years-long legal saga that had made him the country’s first ex-leader to face criminal sentencing.
A Jan. 6 rioter who was pardoned by President Donald Trump has been charged with making terroristic threats after allegedly sending text messages that threatened to kill House Democratic Leader Hakeem Jeffries, according to a felony complaint filed in New York state court.
Netflix (NFLX) missed Wall Street third-quarter earnings targets due to an unexpected expense from a dispute with Brazilian tax authorities, though it offered a slightly stronger-than-expected forecast for the rest of the year.
Uzbekistan and Saudi Arabia have strengthened their strategic economic partnership with new projects in the capital’s development plan, including the construction of the ‘Riyadh Quarter’ in New Tashkent and the launch of a new international airport.
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