In the late 2000’s, nobody would have a clear idea of the non-traditional industries like Uber and Airbnb. Uber, Airbnb, Alibaba, Netflix are the top and most common services people use today. All run on...
Porsche CEO Oliver Blume has begun his dual role as the head of Volkswagen. Blume is taking over at a sensitive time for the German carmaker, as it tries to pull off a shift to...
When we say or think “A child”, what comes to everyone’s mind? Mostly we get a smile on our faces thinking about how cute they are or how mischievous they are. How can we see...
The nightmare scenario of a cold winter without access to heating seems to be off the table, according to Germany’s economy minister, while Russian gas now accounts for less than 10% of Germany’s consumption. German...
Hydrogen has been hyped as key to a global energy transition. After a slow start, it has received a boost from a Canada-Germany deal. So what does the future hold for the low-carbon fuel? Hydrogen...
Humans can influence the weather ― to a degree. Today, cloud seeding, or artificial rain, is mostly used to bring water to drought-ravaged regions. But it’s also been misused in the past. Countries in the...
The poor eurozone PMI underscores likely recession and weighs on the single currency, which was sold to a new 20-year low. Rather than a “Turn Around Tuesday” a broadly consolidative session is unfolding. Asian and...
Ukraine’s central bank has been de facto printing money to pay its troops, but the measure is unsustainable. More international support is vital, but how much new cash could be raised domestically? As the war against...
The US and Taiwan seem willing to set aside bilateral trade irritants and boost commercial ties as relations with China deteriorate. The United States announced on Wednesday that it will begin formal negotiations with Taiwan on...
The sell-off in European bonds continues today. The 10-year German Bund yield is around four basis points higher to bring the three-day increase to about 22 bp. The Italian premium over Germany has risen by...
Beijing this week slashed interest rates to boost demand after its zero-COVID policy and a property crash rocked the economy. China’s woes will hurt global growth but could also help to cool inflation. As growth...
Saudi energy giant Aramco says its profits have nearly doubled compared with last year. The firm, which is nearly fully state-owned, has seen both demand — and pump prices — soar. Saudi Arabia’s national oil...