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International: Business archive

Europe: 1, Google: 0: EU Court Ruling a Victory for Privacy

Europe: 1, Google: 0: EU Court Ruling a Victory for Privacy

May 20, 2014, 06:58 PM

A ruling by the European Union's highest court last week ordering Google to provide people with the right to be forgotten has generated fiercely divergent responses in the US and Europe. Germans are celebrating the decision, which buttresses privacy. By SPIEGEL Staff more... Comment ]


Combatting the Crunch: ECB Plans Negative Rate on Bank Deposits

Combatting the Crunch: ECB Plans Negative Rate on Bank Deposits

May 19, 2014, 11:23 AM

When it meets on June 6, SPIEGEL has learned, the European Central Bank may implement a negative interest rate for financial institutions seeking to park their money at the Frankfurt powerhouse. The move is aimed at spurring loans. By Christian Reiermann more... Comment ]


Cold Turkey: How Germany Could End Russian Gas Dependency

Cold Turkey: How Germany Could End Russian Gas Dependency

May 06, 2014, 05:51 PM

The crisis in Ukraine has made painfully obvious just how dependent Germany and other European countries are on Russian natural gas. There are serious alternatives for supplying the vital natural resource, but they all come at a price. By Frank Dohmen and Alexander Jung more... Comment ]

Third Time's a Charm: Airbus Has Fewer Headaches with New A350 Jet

Third Time's a Charm: Airbus Has Fewer Headaches with New A350 Jet

May 05, 2014, 05:56 PM

The new A350 from European airplane manufacturer Airbus is expected to go into service this year. The long-haul plane, which can carry up to 300 passengers, is experencing far fewer problems than the A380 or its Boeing competitor, the 787 Dreamliner. By Marco Evers in Toulouse, France more... Comment ]

Out of Ammo? The Eroding Power of Central Banks

Out of Ammo? The Eroding Power of Central Banks

April 16, 2014, 01:06 PM

Since the financial crisis, central banks have slashed interest rates, purchased vast quantities of sovereign bonds and bailed out banks. Now, though, their influence appears to be on the wane with measures producing paltry results. Do they still have control? By Michael Sauga and Anne Seith more... Comment ]

Victim of Its Own Success: German Jobs Program for Southern Europeans Falls Short

Victim of Its Own Success: German Jobs Program for Southern Europeans Falls Short

April 11, 2014, 03:10 PM

When Germany announced a program to attract jobless young adults from Southern Europe, they had no idea how high demand would be. Funding has temporarily run out for travel, training and language learning subsidies. By Markus Dettmer and Claus Hecking more... Comment ]

Bird Strike: Backlash Stirs Against Lufthansa Pilots

Bird Strike: Backlash Stirs Against Lufthansa Pilots

April 11, 2014, 11:07 AM

Last week's three-day strike at Lufthansa drew attention to structural problems at a company that is critical to Germany's globalized economy. The flag carrier is losing ground against competitors but its pilots are remaining firm. By Dinah Deckstein more... Comment ]

WSJ Editor Gerard Baker: 'Journalism Is Not a Dying Business'

WSJ Editor Gerard Baker: 'Journalism Is Not a Dying Business'

April 03, 2014, 05:14 PM

In an interview, Gerard Baker, the editor in chief of the Wall Street Journal, discusses the wave of billionaires diving head first into the journalism business and his own newspaper's evolution after seven years of ownership by Rupert Murdoch. Interview Conducted By Isabell Hülsen more... Comment ]

'No Reason for Concern': Energy Exec Says Ukraine Crisis Not Bad for Business

'No Reason for Concern': Energy Exec Says Ukraine Crisis Not Bad for Business

March 17, 2014, 03:25 PM

The political crisis between Europe and Russia continues to worsen and sanctions are coming. But Johannes Teyssen, CEO of utility giant E.on is unconcerned. He says the Moscow-Berlin partnership has promoted peace on the continent and warns against gambling it away. An Interview by Frank Dohmen and Stefan Schultz more... Comment ]

Bank Oversight: Europe Stressed by Approaching Stress Tests

Bank Oversight: Europe Stressed by Approaching Stress Tests

March 05, 2014, 02:23 PM

Thousands of ECB auditors have begun examining the balance sheets of euro-zone banks. Stress tests are coming soon. With the European Central Bank in charge of oversight, many hope the EU's financial industry will return to health. But there are risks. By Martin Hesse, Christoph Pauly and Anne Seith more... Comment ]