New US ambassador to Germany under fire for rightwing support
June 16, 2018

Politicians accuse Richard Grenell of breaching protocol over interview with Breitbart

German politicians have criticised Donald Trumps new ambassador to Germany after he said he wanted to empower anti-establishment rightwing forces throughout Europe.

In an interview with the far-right news Continue reading

Deutsche Bank’s Bad News Gets Worse With $35 Billion Flub
April 28, 2018
  • Most of money quickly returned and no financial harm suffered
  • Derivatives payments mistake larger than bank’s market value

The bad news at Deutsche Bank AG just got worse.

Amid a weeks-long leadership tussle that claimed the scalps of the chief Continue reading

Volkswagen CEO Predicts Renaissance for Embattled Diesel Cars
March 29, 2018

Volkswagen AG, whose global emissions-cheating scandal has put the future of diesel engines in doubt, expects consumers to return to the embattled technology — and soon.

“Diesel will see a renaissance in the not-too-distant future because people who drove Continue reading

How a small town reclaimed its grid and sparked a community revolution | Aditya Chakrabortty
March 9, 2018

When a German utilities contract expired, one man thought his neighbours could take over. Wolfhagen not only reclaimed its grid, it cut energy prices and inspired hundreds of other cities, writes Guardian columnist Aditya Chakrabortty

Martin Rhl never imagined Continue reading

Dow Plunges 666 Points as Rate Angst Sinks Bonds: Markets Wrap
February 11, 2018

The Dow Jones Industrial Average tumbled 666 points in the biggest plunge since June 2016, as the worsening bond rout stirred angst that the Federal Reserve will accelerate its rate-hike schedule.

Solid jobs data that underscored the strength of the Continue reading

Bitcoin Finds Floor After Worst Selloff Since 2015
January 4, 2018

Bitcoin rebounded on Saturday along with most of the major cryptocurrencies, halting a four-day tumble that drew worldwide attention to the unregulated $500 billion market that’s frequently called a bubble.

The double-digit bounceback was strongest with second-tier digital coins. Bitcoin Continue reading

Germany Tightens the Screws on International Funds to Turkey
November 5, 2017

The German government is wielding its influence with international development institutions to restrict financing to Turkey over an escalating political dispute, people familiar with the matter said.

Germany is actively working to cut funding to Turkey from the country’s state-owned Continue reading