In a brief interview for DW, Volkswagen CEO Herbert Diess outlined the challenges for the German carmaker in China's car market, saying Beijing's commitment to electric vehicles would accelerate change at VW.
China is "one of the most restrictive economies in the world," concluded a recent survey by the EU Chamber of Commerce in China. The chamber's president tells DW about European firms' challenges in doing business there.
Barbados has been struggling with weak economic growth over the past decade, putting strains on its public debt and deficit. The ailing economy offers a cautionary tale for other small island nation states in the region.
Conservative Ivan Duque has won the presidential runoff. The pro-business candidate has said he would alter some of the terms of the 2016 peace deal with FARC which ended decades of conflict in the South American state.
In what is viewed as a major win for German consumers in the wake of the diesel emissions scandal rocking the nation’s mighty auto industry, the German parliament has passed legislation enabling class-action lawsuits.
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