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International: Business archive

Laos Land Grabs: Deutsche Bank Backs Ruthless 'Rubber Lords'

Laos Land Grabs: Deutsche Bank Backs Ruthless 'Rubber Lords'

May 15, 2013, 10:33 AM

Vietnamese companies have been ruthlessly taking advantage of Laotian locals and their environment to create vast rubber plantations. The "rubber lords" are also getting support for the land grabs from Germany's Deutsche Bank, which is violating its ethics and sustainability policies, critics say. By Martin Hesse, Jörg Schmitt and Wieland Wagner more... Comment ]


'Autocomplete' Privacy Violations: Court Orders Google To Delete Results

'Autocomplete' Privacy Violations: Court Orders Google To Delete Results

May 14, 2013, 12:55 PM

A German court ruled Tuesday that Google's "Autocomplete" feature on search terms violates privacy laws in some cases. The company has been ordered to remove any suggestions that violate the rules. An entrepreneur sued after the algorithm linked him with Scientology. more...


Crash Test Dummy: Career of Daimler's Crown Prince Loses Speed

Crash Test Dummy: Career of Daimler's Crown Prince Loses Speed

May 06, 2013, 05:02 PM

Despite being a polarizing figure, Wolfgang Bernhard was long considered the heir to the throne at Daimler. But now the Stuttgart-based automaker is applying the brakes on his career and blaming him for its most recent public-relations debacle. By Dietmar Hawranek more... Comment ]

Passing the Buck: Siemens Blames Others for Delayed Deliveries

Passing the Buck: Siemens Blames Others for Delayed Deliveries

May 03, 2013, 05:10 PM

Due to a series of glitches, German electronics giant Siemens has once again been unable to deliver trains on time. Instead of assuming responsibility for the problems, management is trying to pin the blame on suppliers and government agencies. By Dinah Deckstein more... Comment ]

Man vs. Machine: Are Any Jobs Safe from Innovation?

Man vs. Machine: Are Any Jobs Safe from Innovation?

May 03, 2013, 10:49 AM

Past warnings about how technological innovation threatens jobs have proved exaggerated. Yet the digital revolution now has many scholars warning that this time things are different, and that the breakneck speed of automation could wreak havoc on the global labor market. By Thomas Schulz more... Comment ]

Less Is More: Rogue Economists Champion Prosperity without Growth

Less Is More: Rogue Economists Champion Prosperity without Growth

May 02, 2013, 04:23 PM

For years, economists have posited that prosperity requires growth, with environmental damage as the regrettable but unavoidable consequence. A growing number of critics are now challenging this equation, though, calling for a radical revamping of the economic system. By Nils Klawitter more... Comment ]

Gnome City: How Garden Kitsch Saved a Polish Town

Gnome City: How Garden Kitsch Saved a Polish Town

May 02, 2013, 04:21 PM

A flourishing garden gnome industry spared an entire region around the town of Nowa Sól in western Poland from economic ruin. With the decorations now out of style, the industry is branching out to plastic tigers, dinosaurs and even churros. By Jan Puhl more... Comment ]

Powerful Enemies: Kremlin Targets Russian Facebook Clone

Powerful Enemies: Kremlin Targets Russian Facebook Clone

May 02, 2013, 11:32 AM

Russia's successful Facebook clone VKontakte has long been a thorn in the Kremlin's side. Now, Moscow appears to be increasing pressure on the company, and CEO Pavel Durov has left the country. By Benjamin Bidder more... Comment ]

Europe's Moral Quandary: The High Human Price of Cheap T-Shirts

Europe's Moral Quandary: The High Human Price of Cheap T-Shirts

April 29, 2013, 06:40 PM

More than 3,000 people worked producing cheap t-shirts for European clothing chains in the highrise sweatshop that collapsed in Bangladesh last week. Hundreds died because the facility was lacking even the most basic safety standards. By Hasnain Kazim, Nils Klawitter and Wieland Wagner more... Comment ]

'Perpetuating Blight': Deutsche Bank 'Slumlord' Case Going to Trial

'Perpetuating Blight': Deutsche Bank 'Slumlord' Case Going to Trial

April 25, 2013, 01:29 PM

Is Deutsche Bank one of the biggest "slumlords" in Los Angeles? The city thinks so, and has brought a lawsuit against the German banking giant that is headed to court now that a dismissal bid was rejected. more... Comment ]

Flat-Rate Fiasco: Telekom Plan to Limit DSL Worries Berlin

Flat-Rate Fiasco: Telekom Plan to Limit DSL Worries Berlin

April 25, 2013, 10:37 AM

German telecommunications giant Deutsche Telekom sparked controversy this week with plans to curtail flat-rate DSL speeds once certain data thresholds are reached. Customers, Internet advocates and the German government are all concerned. By Annett Meiritz and Severin Weiland more... Comment ]