World

EU leaders move to end costly tax evasion

EU leaders have have taken a major step to curb tax cheats, pledging to do more to stop companies actively avoiding taxes. The bloc’s latest actions pave the way to ending banking secrecy among its...

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Seeing the eye as a window to disease elsewhere

People with bad vision tend to go to the ophthalmologist, but their actual problems may lie somewhere else. Ophthalmologists are able to recognize other illnesses through the eyes. “You could go to the ophthalmologist and...

Bundesliga matches sporting success with commercial gains

Borussia Dortmund and Bayern Munich will square off in the Champions League final at Wembley. Saturday’s game is the best evidence of a general resurgence in German football and the Bundesliga. This year’s UEFA Champions...

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Silver prices slide further even on buoyant markets

The German DAX index has climbed to yet another record close-of-trade figure, but one notable commodity losing ground was silver. Precious metals have been sliding in recent months, albeit after a meteoric decade. The price...

Chinese premier seeks ‘mutual trust’ on trade and border dispute

Chinese Prime Minister Li Keqiang has vowed to increase “mutual trust” with India in his first trip abroad since assuming office. Talks with Indian leaders are expected to focus on trade and recent border tensions....

‘Chindia’ has great potential

Mutual investment and cooperation set to continue as trade volume expands The emerging Indian market will continue to attract project-contracting businesses from China as experts call for more mutual investments and cooperation between large companies...

Bundestag debates nuclear waste “disposal”

Germany’s parliament has begun lengthy debate on draft legislation to find the safest possible underground site to stash waste from nuclear power stations for eons. Legislative details have already sparked ructions. German Environment Minister Peter...

German lawmakers calling for more consumer rights on the mobile apps market

German state-level lawmakers agree that consumers should have the right to return mobile apps. But changing the law may do little to help consumers if companies don’t do their bit. Hundreds of thousands of mobile apps...

EU report on dangerous products cites imports from China

Toys, clothes and gadgets from China are being flagged in increasing numbers by the EU’s rapid alert system for dangerous goods (RAPEX). Ignorance of the rules is cited as a cause. China, including Hong Kong,...

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EU ministers agree on fishing policy overhaul

EU ministers have agreed to a deal that will ban throwing unwanted fish back into the sea in a bid to end decades of over fishing. The new agreement now needs approval of the European...

EU investigates oil giants over possible price-fixing

Anti-trust authorities have conducted surprise inspections at offices of at least three major oil companies, suspecting a possible collusion on oil prices. Shell, BP and Statoil confirmed inspections at their sites. European inspectors raided the...

Alibaba to face challenges head-on in post-Ma era

Alibaba changed its leader on Friday in what the company describes as “a year of transition” for the world’s largest retail giant. Jack Ma, 48, stepped down as Alibaba CEO, with 43-year-old Jonathan Lu Zhaoxi...