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Aluminium-Produktion in China (picture-alliance/dpa/Imaginechina)

New EU duties on steel come into force

In the wake of US tariffs on steel and aluminum, the EU has made several counter moves and has now raised tariffs of its own on steel imports which exceed quotas based on current levels.  

Volvo's XC 90 (picture alliance/AP Photo/J. Ekströmer)

Volvo shifting production to navigate tariffs

The Swedish carmaker's second-quarter sales and profits are up substantially, despite global trade tensions. Nonetheless, it is shifting production within its factories around the world to try and avoid stiff duties.  

Anti-Trump protest in Edinburgh

Can the concept of 'free trade' survive?

Since helping shape the General Agreement on Trade and Tariffs (GATT) in 1948, the World Trade Organization's forerunner, the US has been at the forefront of trade liberalization. That era appears to be ending.  

Google's Android (picture alliance/AA/M. Kaynak)

Google fined €4.3 billion by EU regulator

The EU hits Google with a massive fine for freezing out rivals of its Android mobile phone system. The ruling could further enflame tensions between Brussels and Washington, which are already at a low point.  

Working at home on a laptop (picture-alliance/C.Klose)

Women entrepreneurs paying their dues

In an effort to create a better sunscreen and find the best bag, two women founders have turned to the project "Female Entrepreneurs of the Future" for help to market their innovative products in savvy and creative ways.  

Farnborough International Airshow (Farnborough International Airshow)

Farnborough Airshow: Brexit? What Brexit?!

Sure, there's been the odd mention of the UK's leaving the European Union at Farnborough, and the odd announcement that says "there's still a great in Great Britain." But aerospace is so global, you're unlikely to care.  

Bar El Floridita in Cuba (picture-alliance/dpa/J. Kalaene)

Cuba: restrictions hold back private sector

From December, Cuba's small business owners can open new stores again. But there is skepticism about what will really change as increased bureaucracy, longer authorization procedures and more controls are imminent.  

Ukraine gas-compressor station in Mryn (picture-alliance/dpa/epa/R. Pilipey)

Romania, Hungary clash over Black Sea gas

Gas deposits off Romania's coast worth billions of dollars have drawn the country into an economic row with Hungary. The EU is aiming to reduce its energy dependence on Russia, and Budapest wants to play a key role.  

People waiting at an employment agency (picture-alliance/dpa/J. Stratenschulte)

German plan to combat unemployment

The German Cabinet has given the green light to a plan to subsidize jobs for people who have been jobless for years. The project, dubbed "social labor market," could help tens of thousands of people.  

Deutschland thyssenkrupp AG Logo (picture-alliance/dpa/P. Seeger)

Thyssenkrupp in turmoil over future plans

When it comes to venerable German business institutions, the industrial giant Thyssenkrupp is something of a poster boy. The Essen-based company is in turmoil though, as disagreements over job losses mount.  

Nord Stream 2-Baustelle in Lubmin (picture alliance/dpa/S. Sauer)

EU 'positive' on Russia-Ukraine gas talks

Talks have taken place in Berlin with the EU, Ukraine and Russia over the transit of gas from Russia to Europe. The forthcoming Nord Stream 2 project has stoked Ukrainian fears of economic isolation.  

Textile workers in a demonstration in South India (TTCU)

India: What's behind the deaths of workers

Campaigners have recorded over 100 deaths in the past four years in India's textile hub in the state of Tamil Nadu. They say retailers are shirking responsibility by not asking their suppliers the really tough questions.  

German ZDF and ARD public broadcaster symbols

German public broadcasting levy ruled legal

Germany's top court has ruled a monthly fee levied on every household to fund public broadcasters is constitutional. The fee brings in €8 billion a year and has had its critics, and its supporters.  

Kambodscha Frauen IT (Getty Images/L. DeCicca)

Cambodian girls defy gender barriers in tech

The Cambodian government has begun an initiative aimed at encouraging young women to study science and technology. The goal is for more women to become future leaders in the country's growing IT sector.  

Google Android - IT-Unternehmen l Strafen (picture alliance/dpa/C. Dernbach)

EU: the great antitrust busters

Don't be evil? The EU seems to agree, particularly going by the manner in which it fines the big US software companies when they fall foul of the bloc's laws. Since 2004, penalties for transgressions have risen markedly.  

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People working in a coworking space (picture-alliance/dpa/D. Karmann)

NZ firm switches to four-day working week

A trial of the reduced working week at Perpetual Trust found productivity went up and stress levels went down. The four-day work week is now set to become permanent, with employees receiving the same pay as before.  

Can Ikea make it big in India? 17.07.2018

ikea, werbeturm, zwangsarbeiter (dapd)

Swedish furniture behemoth Ikea is taking longer than expected to open its first store in India, after the firm recently postponed its grand opening in Hyderabad. Analysts say it faces a long journey in a tough market. 

First Ethiopia-Eritrea flight in 20 years 19h ago

A woman in a white dress and scarf is standing in the aisle of a passenger plane with a glass in her hand, chatting to two men. (Getty Images/AFP/H. Tedese)

The skies over Ethiopia and Eritrea opened to a first commercial passenger flight in two decades, giving tailwind to the peace process between the neighbors that severed ties in a border war. 

Solomon confirmed as Goldman Sachs CEO

Goldman Sachs LOGO (picture-alliance/dpa/J. Lane)

Goldman Sachs has announced the appointment of a new CEO, who will take over on October 1. The news comes on a day of glad tidings for the mega-bank, which announced a 44 percent earnings jump earlier in the day. 

UK bank Lloyds mulls moves for Brexit 17.07.2018

UK Lloyds Banking Group HQ in London

One of the UK's oldest banks is following the trend to relocate operations across several European locations after Brexit. It is no longer a choice between Frankfurt, Paris or Dublin that bankers in London are mulling. 

Hobby or job? Forging a career in eSports 22h ago

E-Sport Counter Strike auf der ESL Cologne 2018 | Tizian Feldbusch (Berlin International Gaming)

There's more to competitive gaming than just having a quick trigger finger. Both individual skill and teamwork are required in Counter Strike, in which Tizian Feldbusch of BIG is making a name for himself. 

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The League's Foreigners

Migrant entrpreneurs can feel the tension of doing business in territories governed by Italy's League Party.  

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Greek bell makers defy financial crisis

Robots step up delivery services

European Amazon workers strike on Prime Day

Africa seeks partnerships to fill $170billion infrastructure gap

EU fines Google €4.3 billion

A full trash bin (picture-alliance/dpa/K. Hildenbrand)

Amsterdam's high-tech trash

Turkey's central bank paralyzed as inflation soars

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