Deutsche Welle: DW.com - Business
Updated: 1 min 26 sec ago
The US ride-hailing company has said it is halting its pilot program for driverless cars after a vehicle equipped with the nascent technology hit and killed a pedestrian in Tempe, Arizona on Sunday.
The two-day gathering in Argentina comes at a tense moment, just a few days before the US will impose higher tariffs on steel and aluminum imports and new US trade measures reportedly targeted at China.
Yi Gang takes over the reins of the People's Bank of China (PBoC) at a time when it is rapidly gaining global influence. But his key challenge would be domestic: tackling ballooning debt and ensuring financial stability.
As negotiations for Britain's exit from the EU are dragging on, European carmaker are calling for clarification of issues affecting their sector, including type approval procedures and emissions targets.
The planned US tariffs on steel and aluminum have not gone down well with the United States' trading partners. With trade tensions intensifying, will we also see a currency war to make things even worse?
Leading US trade associations have written to President Donald Trump, urging him to halt plans to slap higher tariffs on Chinese imports. They said they feared a chain reaction of negative consequences.
The European Commission is to unveil plans for a digital tax on big US tech companies. The move is aimed at recovering billions of euros from multinationals that divert their earnings to low-tax nations.
The German industrial giant has floated the shares of its Healthineers unit on the Frankfurt Stock Exchange, after muted initial interest from investors. But on the first trading day the stock made healthy gains.
The Aspen Institute's two-day conference on artificial intelligence raised several interesting points. Among them was a need to energize the public — and German investors — on the benefits of AI.
The case dates back to 2008 when Siemens agreed to resolve bribery investigations in the US and Germany that included a contract in Argentina. The manager admitted he had approved fake invoices to disguise bribes.
In roughly a week from now, higher US tariffs on steel and aluminum imports are to come into force. Will the European Union manage to be exempted from the duties? DW's Sabine Kinkartz reports from Berlin.
EU judges have failed to see the funny side of branding a chain of pizzerias as "The Mafia." They rejected an appeal by a Spanish company to keep trademark protection for its controversial marketing slogan.
Russia's economy is the world's eleventh-largest. Following a period of recession, it managed to return to growth last year despite Western sanctions widening. But can the country continue on the road of recovery?
The Anglo-Dutch company will scrap its London corporate headquarters and make Rotterdam its sole legal home. The move is seen as a blow to efforts to keep post-Brexit investment in the country.
Benefiting from low fuel costs, strong demand and the collapse of Air Berlin, the German flag carrier has reported record profits for 2017. But the air is getting thinner at the top of the European aviation business.
Once the go-to store for toys, Toys 'R' Us is now set to close more than 700 stores, affecting some 300,000 employees. The company sold major brands including Barbie maker Mattel, Lego and board game company Hasbro.
Artificial intelligence (AI) is becoming increasingly prevalent in our daily lives, from medical care to self-driving vehicles. DW reports from a two-day conference on the topic taking place in Berlin.
The law firm at the center of the "Panama Papers" global tax evasion scandal has said reputational damage means it will be shutting down operations. Its clients included Argentinian soccer star Lionel Messi.
Newspaper reports have said CNBC contributor Larry Kudlow has accepted an offer by US President Donald Trump to become his new top economic adviser. Kudlow is said to be "straightforward and loyal."
German engineering giant Siemens has announced plans to triple its investments in Brazil. It said the new resources would mainly go into electrification, automation and digitalization projects across the nation.