Category Archives: Business

Salisbury struggles with Skripal poisoning infamy as tourists stay away

Residents of the quaint English city are eager for life to return to normal after the Russian spy poisoning case. Businesses are counting the cost as tourists give the city a wide berth. Continue reading

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‘Flight risk’ Porsche executive arrested over Dieselgate scandal

Amid concerns that he could flee the country, German police have taken Porsche manager Jörg Kerner into custody. The emissions scandal has spread from Volkswagen’s core VW division to many other brands. Continue reading

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As the Castro era ends, Cubans grumble at pace of reforms

For the first time since the 1959 revolution, Cuba’s new head of state will not answer to the name Castro. Miguel Diaz-Canel takes on a country facing many challenges. Andreas Knobloch reports from Havana. Continue reading

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ZTE, Huawei bans: Genuine security concerns or part of China trade spat?

Security and regulatory troubles on both sides of the Atlantic threaten the future of China’s ZTE and Huawei. But to what extent are the recent disputes linked to Trump’s attempts to rein in Beijing’s economic ambitions? Continue reading

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EU-Israel trade thriving, despite the politics

EU-Israel business ties have never been stronger. And while Brussels’ support for the Palestinian Authority means the political realm is fraught with often very old complications, business prospects look very healthy. Continue reading

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Report: EU countries to be straitjacketed by China’s New Silk Road

European firms could miss out on China’s $900 billion infrastructure initiative, warns a leaked report by EU diplomats. It said the New Silk Road trade corridor has the potential to disadvantage and even divide the bloc. Continue reading

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Germany’s Schäuble wants review of EU finance rules

At a meeting of European finance ministers, Germany warns that eurozone banking rules need reform amid new criticism that recent rescues of Italian banks failed to heed the lessons of the financial crisis. Continue reading

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Germany’s Schäuble wants review of EU finance rules

At a meeting of European finance ministers, Germany warns that eurozone banking rules need reform amid new criticism that recent rescues of Italian banks failed to heed the lessons of the financial crisis. Continue reading

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Putin calls sanctions a ‘covert form’ of protectionism

Ahead of the G20 summit, Russian President Vladimir Putin has restated his anger over sanctions levied against Moscow. In a guest article for a German newspaper, he warned that trade barriers are becoming the norm. Continue reading

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Bailed out Italian bank to cut thousands of jobs, close branches

Italy’s Monte dei Paschi di Siena bank is to lose more than 20 percent of its staff as part of its public bailout plan. On Tuesday, the EU approved a multi-billion euro rescue that effectively nationalizes the lender. Continue reading

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