Business

Business

  • China's road from copycat to innovator China's road from copycat to innovator
    19 November 2018 By 2050, China wants to be the global technology leader in all key industries. For this to become a reality, it first needs to unleash its full innovative power. The Asian giant is making big strides toward that goal...
  • image Cars still rule the roost in Germany 15 November 2018 How do Germans like to get around? That's the question the Transport Ministry asked in a nationwide poll. That the car still dominates is perhaps unsurprising but that doesn't help the nation's...
  • image Battery cell production: Is Germany too late to the party? 13 November 2018 Germany intends to spend €1 billion to support a consortium looking to produce electric battery cells. Meant to reduce the dependence of carmakers on Asian suppliers and protect jobs, the...
  • image Move over, blockchain: Holochain is coming 08 November 2018 Holochain's designers want to change the world. They say apps built on their new peer-to-peer platform could replace not just blockchain, but centralized apps like Facebook too. Is the hype...
  • image Iran sanctions: US grants oil exemptions for several countries 05 November 2018 US Secretary of State Mike Pompeo has announced the details of US sanctions against Iran, including oil exemptions for eight countries. Tehran has said it will continue to sell oil despite the...
  • image VW car owners to vent their anger in German class-action suit 01 November 2018 New German legislation taking effect on November 1 is enabling duped VW car owners to fight for compensation in the country's first-ever class-action suit. But angry consumers will have to hurry...
  • image Why can't Germans stop saving money? 30 October 2018 In the first part of her quest to understand Europe's biggest economy, Kate Ferguson explores the German obsession with saving money and asks whether frugality should be considered a virtue or a...
  • image Takeoff in Turkey for Erdogan's mega Istanbul airport 29 October 2018 In the nick of time for a national holiday, President Erdogan is cutting the ribbon on Istanbul's massive new airport. It could one day be the world's biggest, but there have been many losers in...
  • image Rome in the crosshairs as Draghi sharpens ECB's monetary scissors 25 October 2018 We don't know if the rumors that Italy's PM checks Italian-German bond yield spreads several times a day are true. But as the ECB ends stimulus and Rome refuses to budge on its budget, he might...
  • image Deutsche Bank earnings down, but full-year profit in sight 24 October 2018 Germany's largest lender has reported a hefty drop in net profit for the third quarter amid a continued restructuring drive. Deutsche said it was aiming to return to profitability this year for...
  • image Saudi investment conference kicks off in Riyadh 23 October 2018 A three-day international investment conference has started in Saudi Arabia to help the nation overcome its dependence on oil revenues. The meeting got off to a bumpy start amid a major Saudi...
  • image How will the EU-Italy budget standoff be resolved? 22 October 2018 Italy's populist government has spooked Brussels with an ambitious draft budget after vowing to end austerity. DW's Bernd Riegert explains how the country plans to have its cake and eat it. After...
  • image Kosovo Telecom adds 500 new customers to Prizren 18 October 2018 From now on, more than 500 new customers that make up the entire municipal administration of Prizren will be beneficiaries of telecom services of Telecom of Kosovo. This was made possible on...
  • image VW planning on nationwide diesel cull through trade-ins 18 October 2018 The Volkswagen (VW) Group has announced a package of measures aimed "to improve air quality in Germany through fleet renewal." The measures primarily center on scrappage deals for old diesels in...
  • image US 'world's most competitive economy' according to World Economic Forum report 17 October 2018 A detailed study of competitiveness in the global economy ranks the US top of the 140 countries included. The report suggests that few governments have begun to plan for the impact of the fourth...
  • image Audi pays hefty fine over emissions cheating 16 October 2018 German prosecutors have announced a fine against German carmaker Audi for cheating emissions tests. The €800 million penalty came after "deviations from regulatory requirements" at the...
  • image Saudi Arabia warns against sanctions over Khashoggi case 15 October 2018 Riyadh has vowed to retaliate against any sanctions imposed over the disappearance of Jamal Khashoggi. Several countries, including the US, say they want to take action if the government critic...
  • image China's trade surplus with the US hits another record high 12 October 2018 China's vast export engine unexpectedly accelerated in September, producing a record trade surplus with the United States that could worsen already strained relations between Beijing and...
  • image Lagarde defends rate hikes after Trump's Fed attack 11 October 2018 The head of the International Monetary Fund has thrown her weight behind the US central bank's recent rate hikes. Her support came after Donald Trump had called the Fed's policies "crazy" and...
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