Financial software and data provider Bloomberg has apologized for an IT meltdown which affected its 320,000 users’ terminals around the world. A weekly bond sale in London had to be delayed. The whole of the...
India says it will become the lion of economies, but it can’t do it on its own. Scores of hopeful Indians believe in ‘Modi magic’ – but the prime minister still has the rest of...
With growing concerns over the impact of air pollution on India’s 1.2 billion people, the government has launched a new air quality index. But as Vandana Shiva tells DW, simply monitoring pollution won’t solve the...
A side effect of India’s population growth and economic expansion is the increased pressure they put on the nation’s water, food and energy supplies. Analyst Michael Kugelman talks to DW’s Srinivas Mazumdaru about the challenges....
Greece has agreed to repay its debt to the International Monetary Fund due this week, according to the Fund’s director. Christine Lagarde held informal discussions with Greece’s finance minister in Washington. Greece’s Finance Minister Yanis...
In a bid to transform India’s economy, PM Narendra Modi has pledged unlimited reforms at a summit in Gujarat. DW speaks to economist Rajiv Biswas about the likelihood of “Modinomics” succeeding across India. Speaking at...
The European Union’s new rules for calculating GDP come into effect Sept. 1 and include revenue from prostitution, drugs and weapons trading. The new standards could also make debt levels seem lower than they really...
Dave Hakkens has a vision: an eco-friendly smart phone that can be assembled out of different blocks. He wants to change the electronics industry by making it sustainable. When Dave Hakkens’ camera stopped working because...
Eugene Fama, Robert J. Shiller and Lars Peter Hansen dare to predict the future. Now they were awarded the Nobel Prize for their research on how to predict shares and index developments. “This years’ prize...
Taiwan’s Foxconn group has said some of its student interns worked overtime and night shifts, in violation of company rules. The firm has been embroiled in a number of scandals regarding poor working conditions. Taiwanese...
Revenue at Samsung Electronics jumped in the third quarter of 2013 as the world’s largest technology firm sold more smartphones than ever before. A rebound in memory chip prices also boosted the record result. Samsung’s...
Emerging economies in the Asia-Pacific region are losing steam, which has prompted the Asian Development Bank to sharply cut its growth forecast. The bank calls for more financial stability and reforms. Gross domestic product (GDP)...