A US settlement over Volkswagen’s emissions cheating scandal has cleared a final hurdle, with a federal judge giving his approval for VW's multi-billion dollar buyback and compensation plan.
US companies such as Apple, Google or Microsoft may be undisputed technology leaders. But German carmaker Volkswagen leads the field in terms of spending on research and development, a study shows.
Britain's government has given the green light to plans for a new runway at London's Heathrow Airport. The decision comes despite opposition from senior cabinet members and criticism from environmental activists.
A Brussels summit to seal a EU-Canada trade deal has been thrown into doubt after a Belgian region refused to give its support. EU Parliament President Martin Schulz says the signing will almost certainly be postponed.
The latest forward-looking monthly index by the Ifo economic think tank sees German corporate executives in a much better mood than expected by many analysts. Boardroom confidence is up again.
Germany's ammunition exports skyrocketed in the first half of 2016, a leaked report has revealed. Turkey, currently suppressing its political opposition, has moved up the list of the country's best customers.
Troubled Italian lender Monte Paschi has said it would cut thousands of jobs and close hundreds of branches as it continued its efforts to get on its feet again. A huge recapitalization scheme is part of the plan.
Financial news agency Bloomberg reports that Twitter is set to cut up to 300 of its workers. The announcement comes before the social media site prepares to release its third-quarter earnings this week.
Microsoft has announced it will increase prices for a range of enterprise services in the UK. It said the decision was linked to Britain's vote to leave the European Union and the resulting drop in the pound's value.
Hundreds of South Koreans have filed a lawsuit against Samsung, seeking compensation for the Galaxy Note 7 disaster. Lawyers said the phone owners had been subjected to "mental distress" caused by the turmoil.
India's Tata Sons holding company has replaced its Chairman Cyrus Misty with Ratan Tata, leaving the media wondering what may have caused the surprise move. The firm appointed a chief who'd been at the helm before.
In a surprise move, the Iraqi parliament has banned the sale, import and production of alcohol. Secular and Christian Iraqis have criticized the ban, which is stricter than in the Islamic Republic of Iran.
The UN has said the concentration of carbon dioxide (CO2) in the atmosphere hit a record 400 parts per million in 2015. That means the effects of climate change will last generations even if immediate action is taken.
Britain's vote to leave the European Union will have a negative impact on gross domestic product in Germany, a survey by an economic think tank has predicted. It expects exports to shrink considerably next year.
As if the EU didn’t have enough problems, it’s being shown up by a tiny regional government. Wallonia in Belgium has blocked the CETA deal with Canada. But this particular problem has many causes, says Bernd Riegert.
The EU and Canada are holding out hope for a trade deal despite the Belgian blockade.
Belgium is blocking CETA. Is it a regional political fight or is big business getting too much power?
Sub-Saharan economies could drop to their slowest growth in 20 years, the IMF says.
Now the oil prices has fallen, Nigeria's economy has gone from bad to worse.
Media Merger: AT&T agrees to buy Time Warner for $85bn.
Germany is stalling the Chinese takeover of Aixtron, a supplier to the semi-conductor sector.
10 percent of land in South Africa which once was in white hands has been handed over to black farmers. But they lack the finance, training and support to make the farms a going concern.
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German industry shrugs off Brexit - Tata chairman removed after four years on the job
From lack of funds to lack of interest, there are many reasons construction projects drag on for centuries. Here of five examples of architectural "works in progress," including the Kremlin and the Ulm Cathedral.
A US judge has less than 24 hours to green light a nearly $15 billion (13.8 billion euro) settlement over Volkswagen's emissions cheating scandal. If approved, it would be the largest auto scandal payout in US history.
A US settlement over Volkswagen’s emissions cheating scandal has moved closer to clearing a final hurdle, with a federal judge signaling his approval for VW's buyback and compensation plan.
At the Paris Motor Show, Volkswagen has unveiled a new electric car. It's an attempt to change VW's reputation as the carmaker battles with ongoing litigation over its dirty diesel scandal.
In a significant blow to Audi, the luxury car brand's head of technical development has quit after he was accused by German media of being involved in Volkswagen's diesel emissions cheating scandal.
Despite a strong third quarter, German premium carmaker Daimler has lowered its full-year profit forecasts for 2016, with lower truck sales countering growing demand for its flagship Mercedes-Benz cars.
The Indian government has passed a series of reforms to lift manufacturing and boost investments. So are they working? What do entrepreneurs make of them? Our correspondent Sonia Phalnikar visited a factory near Delhi to find out.
As emissions regulations grow stricter, the auto industry is scrambling to build eco-friendlier cars. The Paris Motor Show is a showcase of how far they've come - and how much they still have to do.
The US tech giant is said to be considering a tie-up with the luxury carmaker as part of an effort to invest some of its huge cash reserves in the auto industry. But McLaren has denied it was approached by Apple.
The governing council of the European Central Bank has decided to leave its current interest rates unchanged. This comes despite mounting criticism from eurozone lenders over shrinking profits.
There is some positive progress in Greece's debt drama. One EU Commissioner says the country has done everything needed to clinch more cash. Eurozone finance ministers were in Luxembourg - and they said yes to another payment of over 1 billion euros to the deeply endebted nation. It'll get that money right away with more to come by the end of the month. It's a lifeline for Greece.
Eurozone finance ministers have approved part of a new bailout tranche for Greece. They said Athens had made good progress in implementing reforms, but added that some measures agreed on needed more attention.
Lithuanians are voting in a tight general election. The governing Social Democrats could see themselves returned to the opposition.
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