Business
4 Sep
With more than 41 percent of exhibitors at the Munich IAA mobility show headquartered in Asia, analysts say European carmakers will need to prove their ability to compete with China in the electric vehicle age.
31 Aug
China's largest property developer, Country Garden, warned that it is on the brink of default as it reported a staggering loss of almost $7 billion for the first half of the year, deepening a real estate crisis that threatens to unravel the country's already fragile economy.
29 Aug
Toyota said it was suspending operations at 14 manufacturing plants in Japan due to a system malfunction. The company was investigating the issue, and did not suspect cyberattack.
27 Aug
26 Aug
The annual meeting (24-26 August) hosted by the US Federal Reserve will be closely watched, especially Federal Reserve chair Jerome Powell on Friday. While the policy of raising interest rates to lower inflation is no longer in doubt, observers will be watching out for clues as to when the US central bank might consider lowering rates again. The Federal Reserve has repeatedly stressed the importance of reaching the 2 percent inflation target.
24 Aug
Strengthening the New Development Bank (NDB) — or the so-called BRICS Development Bank — is top agenda of the BRICS summit agenda. Could the NDB, backed by the five emerging world economies: Brazil, Russia, China, India and South Africa, replace existing financial institutions, such as the IMF, in lending funds to developing nations?
24 Aug
As BRICS leaders meet in Johannesburg on Tuesday, they will be sure to discuss ways to increase commercial exchanges within the bloc of emerging economies comprised of Brazil, Russia, India, China and South Africa. The group, which represents 16% of global trade, will also look to encourage the use of local currencies in exchanges. However, the Brazilian idea of creating a common currency for the bloc appears to now be on the back burner.
24 Aug
The People's Bank of China announced it was cutting its key one-year interest rate for the second time in three months on Monday, but left its five-year rate unchanged.
23 Aug
Beijing green-lighted the resumption of North Korea's Air Koryo flights between the two countries. The move comes as they both ease travel restrictions after strict COVID measures.
21 Aug
Fiona Afshar has written software, worked as a florist and raised three kids. She never thought she'd cook for money. Growing up in Iran, she was taught food meant love. "The more we feed you, the more we love you," Afshar, 57, tells CNBC Make It. In 2018, she started her Instagram @cookingwithfiona, specifically to post instructional cooking videos she'd filmed for her daughter.
19 Aug
It's being hailed as an electric vehicle breakthrough: the solid-state battery. The auto industry is investing heavily in the technology, which could improve driving range and safety while cutting production costs.
13 Aug
The UN said over 1 million barrels of oil have been removed from the tanker, off Yemen's Red Sea coast. For years, the UN and other organizations had sounded the alarm over the dangers surrounding the corroding vessel.
Latest
44 mins ago
It's not every day that both the Kremlin and its fiercest critics unite in outrage at the European Union. But that's precisely what happened recently, after the EU banned Russian citizens from bringing their personal vehicles into the bloc. And it wasn't just about cars. The Moscow Times reported that the ban appeared to include goods ranging from smartphones and laptops, to everyday necessities like toothpaste and toilet paper.
44 mins ago
A majority of Germans want fewer refugees to be accepted into the country. That is according to the latest Deutschlandtrend survey, which also shows that dissatisfaction with the government remains high.
44 mins ago
Sweden's Prime Minister Ulf Kristersson said he will meet the national army and police chiefs on Friday to combat a surge in gang violence, as the country reels from record shooting deaths this month.
1 hour ago
Since the February 2021 coup in Myanmar, the Christian Chin ethnic minority has taken up arms to defend its land, identity and ideals against the all-powerful ruling junta in the Buddhist-majority country. Our team reports.
1 hour ago
Hosting a summit on critical minerals in Paris on Thursday, the International Energy Agency said the "major challenge" countries faced was ensuring more diverse supplies and the recycling of metals. Elements like lithium, nickel and cobalt are key for governments hoping to make the green switch as they are needed for producing electric vehicle batteries and wind turbines. Western countries are keen to reduce dependency on China, which accounts for almost 70 percent of rare-earth metal production.
2 hours ago
Opposition leader Friedrich Merz has again ruffled feathers with a populist statement targeting refugees. It is not the first time he has misrepresented refugees' entitlement to state benefits. DW has the facts.