A quick rundown of the latest business headlines
"I've been directly involved in the business world all my life, from starting off as a child in a small German family business to working as a communications consultant for some top companies."
"The incredibly huge amount of money that makes its way around the globe every day, changing hands either legally or illegally. It can happen quicker than you can form a thought."
A German look at the world of business from a European angle. We offer reports, business news and analysis from the world’s most important financial centers, the key markets and leading producers.
The clean-up in VWs management has started in earnest. Volkswagen's supervisory board has elected former Chief Financial Officer Hans Dieter Poetsch as its new chairman. Poetsch is a company insider, and that has already provoked criticism.
The newly signed free-trade deal spans around 40 percent of the world's economy.
The International Monetary Fund has cut its growth forecast for this year from 3.3 to 3.1 percent.
The European Court of Justice has declared the Safe Harbor agreement invalid.