Competition for Boeing's Dreamliner arrived on Friday with the maiden flight of the new Airbus A350 wide-body jet. The plane took off from the company's plant in Toulouse for a four-hour test. more... [ Comment ]
For the last five years, the world's leading central banks have been combatting the crisis with extremely low interest rates and vast bond purchases. Now the American Fed is breaking ranks, as it cautiously suggests a change in its policy -- sending the markets into turmoil. By Martin Hesse, Anne Seith and Wieland Wagner more... [ Comment ]
The Kiel Canal has long kept the Port of Hamburg alive, providing Germany's biggest port with a direct link to countries further east. Now, though, a massive overhaul of the waterway could prompt shipowners to switch to rival terminals. By Christian Wüst more... [ Comment ]
The financial sector continues to insist that the controversial practice of speculating on agricultural commodities does not cause high food prices. But some German banks disagree. Now DZ Bank, the country's fourth largest financial institution, has announced it has stopped the practice. By Christian Teevs more... [ Comment ]
Companies in Germany that rely on exports are becoming increasingly concerned about the future of the country's economy, according to a new industry survey. The downturn in optimism is yet another indication that Europe may be in for a period of extended stagnation. more... [ Comment ]
Forget environmental concerns: When it comes to fracking, Germans are worried about how it might affect beer quality. In a letter to several ministries in Berlin, brewers expressed concern that the exploitation of shale gas could contaminate water supplies and thus violate the beer purity law of 1516. more... [ Comment ]
Last week workers walked out in protest at Amazon's two largest distribution centers in Germany. The online retail giant is one of several US companies to butt heads with employees in the country over corporate practices that chafe against German labor laws. By Janko Tietz more... [ Comment ]
A recent inquiry suggests that Cyprus isn't doing enough to combat money laundering, a precondition for obtaining a bailout package. The banks know little about their customers and are ill-equipped to identify suspicious transactions. more... [ Comment ]
Forget Big Brother. Companies and countries are discovering that algorithms programmed to scour vast quantities of data can be much more powerful. They can predict your next purchase, forecast car thefts and maybe even help cure cancer. But there is a down side. By Martin U. Müller, Marcel Rosenbach and Thomas Schulz more... [ Comment ]
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