Tag Archives: business-dw

Spain’s monarchy: Boon or bane for the nation’s economy? 

Former Spanish King Juan Carlos is dogged by allegations of corruption and has gone into exile. His move has triggered a public debate about whether the monarchy is good for the country and its economy in particular.

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Germany charges four ex-Audi executives with fraud over ‘dieselgate’ scandal 

Three former board members at German car manufacturer Audi, along with a retired manager have been charged with fraud, criminal advertising and indirect false certification for their part of the “dieselgate” scandal.

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Outraged’ Chinese want ByteDance to ‘put up a fight’ over TikTok sale 

China is unlikely to accept an acquisition of TikTok’s US operations by Microsoft and said it will prevent any deal forced by Trump. DW spoke with Rui Ma, a China tech expert, about a sale the Chinese see as “theft.”

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Australia: Melbourne to enforce new pandemic measures 

Residents of the eastern Australian city are now under strict lockdown due to a surge in coronavirus cases. Hundreds of thousands of people will not be able to work for several weeks.

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Barclays sexism trial opens UK banking’s can of worms 

Gender inequality and sexism have long been significant features of London’s financial district, the City. A high-profile case at the High Court in the capital highlights what’s at stake.

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Hong Kong businesses worried after US downgrade 

After China introduced a controversial new security law, Donald Trump signed an order ending preferential economic treatment for the territory. What does Hong Kong’s economic future now hold?

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World Wealth Report: Germany’s dollar millionaires on the rise 

The number of Germany’s dollar millionaires rose by 100,000 in 2019, according to the World Wealth Report. The US had the biggest upturn, although the coronavirus crisis could change the upward trend.

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Could 400,000 car industry jobs in Germany be lost? 

The car industry is in apparent decline in Germany. Some estimates predict that half its 800,000 jobs will be gone by 2030. The industry disagrees with that estimate, but the road ahead looks bumpy.

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Coronavirus — when a trip to the store is not fun anymore 

Everybody in Germany has to wear a nose and mouth mask when they enter a store. The question is: how much longer? Shopkeepers say we cannot go on like this. Germany is a divided country and feelings are running high.

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Coronavirus fallout: Cruising into the unknown 

Did the coronavirus kill the party for cruise operators, or did it simply put the boom on hold? As DW Senior Business Editor Ben Fajzullin reports from Hamburg, consumers can be astoundingly quick to forgive and forget.

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Germany to overhaul regulator after Wirecard scandal 

Germany’s finance minister wants to beef up the nation’s financial regulator in the wake of the Wirecard scandal. The finance watchdog admitted its ineffectiveness in preventing the auditing disaster.

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Turkey’s strategic play in Libya to help reap economic gains 

Ankara is looking to harness its carefully-crafted relationship with Tripoli to shore up its own economy. Turkish firms’ decades-long experience in war-torn Libya could boost their chances as the nation rebuilds itself.

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Poles weigh cost of change as COVID-19 dulls PiS appeal 

Poland’s incumbent Andrzej Duda’s reelection as president would entrench the ruling PiS’ illiberalism, but also its social policies. Jo Harper looks at at what impact the election outcome might have on the economy.

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US pulls out of talks on big tech tax at last minute 

France has accused the US of deliberately provoking the European Union by withdrawing from major talks on digital tax. Tech giants are able to pay minuscule tax rates by shifting profits overseas.

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Vacation rentals in huge demand among ‘safety-first’ holidaymakers 

As countries gradually ease lockdown restrictions, people craving for an excursion are heading to nearby holiday homes. Go-local is the new mantra among holidaymakers seeking both safety from the coronavirus and privacy.

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