London's finance sector could take a major hit. Up until now, London has been a top European hot spot for start-ups in the FinTech sector. Soon, many firms may consider leaving England in favor of places like Berlin.
What binds the most successful companies in the world together? According to some, it's so-called "platform" business models. And if European firms want to compete in the digital age, they need to catch up.
Thousands of children were placed on trains to escape Nazi Germany by relatives they never saw again. In recognition of the emotional trauma, the German government has agreed to compensate them.
The financial technology sector is expected to overcome long-standing barriers to financial inclusion in poor countries. The IMF and the World Bank are calling on policymakers to "embrace the promise of fintech."
Europe's top court has started looking into a complaint by Austria, which has been up in arms about a German plan to introduce a road toll for passenger cars. Lots of nations collect such tolls, but there's a difference.
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