Charity group Oxfam has released a report saying that while supermarkets, especially German chains expanding in foreign markets, enjoyed a bumper pandemic 2020, food laborers were conducting “modern slave labor.” Charity group Oxfam warned on...
A plan to privatize South America’s largest state-owned energy provider has been approved by Brazilian lawmakers. Critics warn that privatization will increase energy costs. The lower house of the Brazilian Congress passed legislation on Monday...
The region was an exception in a year that saw foreign investments crash to greater depths than after the 2009 global financial crisis. The steep fall could have painful implications for Africa’s industrialization bid. Foreign...
The pandemic-induced economic slowdown has hit India hard. Prospects for the vehicle sector hang on the monsoon season and a successful vaccination campaign. India’s automotive sector, which contributes 7.1% of India’s gross domestic product (GDP), has...
Australia and the UK have signed a free trade deal as Britain seeks to find alternative markets in the wake of Brexit. The deal was hailed by British Prime Minister Boris Johnson as “a new...
Almost 20 years after Concorde ceased operations, supersonic air travel could soon be taking off again. A deal involving United Airlines and the startup Boom has got the aviation industry buzzing. United Airlines, one of...
Video games company Electronic Arts says hackers managed to steal some of the source code to its popular football game FIFA 21, as well as the Frostbite engine underpinning several titles. California-based Electronic Arts said on...
Farm laborers from Asia flock to the European country known for its booming agricultural exports. The workers are often brought by gangs of traffickers and are forced to endure inhumane living conditions. They look like...
El Salvador plans to recognize Bitcoin as legal tender, becoming the first nation in the world to do so. The cryptocurrency could make it easier for the many Salvadorans living abroad to send money back...
The drug aducanumab could be approved in the US and EU soon. It effectively combats the amyloid beta plaques in the brain that are indicative of Alzheimer’s disease. But does it also slow down memory...
The study, the first of three parts of the Pilotproject Grundeinkommen (Basic Income Pilot Project), will provide 122 participants with €1,200 ($1,420) a month for a period of three years. Participants did not have to...
The US and Canada now allow the BioNTech-Pfizer vaccine to be administered to teenagers. Germany could follow suit this summer. But how sensible are the coronavirus vaccines for those under 18? According to the US...