Germany’s cabinet passes draft bill on aid to coal regions

The US sanctions target officials from China's Hong Kong liaison office, which seeks to promote Chinese influence in the partly autonomous city.

Managers in Germany are not feeling overly optimistic about the coming months, a major business confidence barometer shows. Two major concerns are clouding their outlook.

Emergency workers, ambulances and mourning relatives of victims are seen near the site of an explosion in an illegal coal mine that left 12 people dead in the Colombian department of Boyaca.

In an effort to stem incidences of business failures in the corporate polity, H. Michael & Co. founder Dr. Adeyinka Hassan in commemoration of its 10th anniversary put together a conference tagged: Corporate Governance and Enterprise Development Conference. The well-attended conference examined the imperatives of corporate governance for the success of business enterprises in Nigeria, creating economic stability and business sustainability.

In the first half of 2021, coal shot up as the biggest contributor to Germany's electric grid, while wind power dropped to its lowest level since 2018. Officials say the weather is partly to blame.

China's announcement that it will stop funding coal projects overseas is important says Li Shuo, a climate policy adviser with Greenpeace China, because Beijing is saying "as one of the biggest overseas public financier, we are not going to put more money into coal."

Beijing is to end support for overseas coal-fired power projects and plans to up investment in low-carbon energy. It's big news ahead of the November climate summit, but private investors need to follow suit.

Beijing's seemingly eco-conscious pledge could mend some bridges between China and the EU, say analysts, after relations between the two sides have worsened since early 2020.

The Social Democrats' narrow victory in Germany's federal elections suggests the country could be heading into a more progressive future. As coalition talks get started, business leaders want their priorities heard.

The standoff over migrants entering the EU between Minsk and Warsaw has hit local Polish businesses near the border, many reliant on tourism. With the winter coming and no end in sight to the crisis, DW visited the area.

China and India are struggling to obtain enough coal to get through the winter and power their pandemic recoveries. Soaring prices are exacerbating the energy crisis and raising urgent questions about climate goals.

Report: Africa to see less funding for fossil fuels - Nigeria introduces eNaira digital currency - Solar powered vehicles made in Germany?