The cabinet of Japanese Prime Minister Shinzo Abe has approved economic reforms aimed at making companies more competitive. The move follows huge fiscal stimulus by Tokyo to overcome two decades of sluggish growth. The reform...
Authorities in Germany’s flooded Elbe river basin plan to plug a broken dike by sinking two barges in the gap. Federal and regional governments are arguing over how to finance 8 billion euros in flood...
Robust demand in China has become the engine driving growth at German auto maker Volkswagen (VW). Rising sales in the world’s biggest car market made VW shine in May, despite the dark clouds over Europe’s...
The biggest lender in debt-stricken Greece, the National Bank NGB, has announced that it raised the necessary amount of private capital to avoid nationalization. It secured even more money than required by law. The National...
Criminals value the unlimited freedom and anonymity that they get on the Internet. But cybercops and digital forensic experts are working to change that. We are used to seeing police officers doing street patrols. And...
Rail workers have gone on strike in France, crippling the country’s train system, one day after striking air traffic controllers triggered flight cancellations en masse. The rail strikes are expected to end on Friday. Only...
“Almost 100 percent” of air traffic controllers have downed tools to protest plans to unify EU airspace, according to France’s DGAC aviation authority. Hundreds of flights were hit, with a rail strike next for France....
Global demand for renewable energy has continued to rise steadily, a fresh United Nations report has shown. But the study also pointed out that lower prices had prompted a reduction in revenue in the sector....
Global demand for aircraft in the next 20 years will be stronger than previously thought, US planemaker Boeing has said, as passenger numbers are set to double. Boeing’s estimate is even higher than that of...
Japan’s electronics giant Sony is using aggressive pricing policy to outmuscle its US rival Microsoft in the games console market. Sony’s new PlayStation 4 will cost much less than Microsoft’s next-generation Xbox One. Sony said...
Environment minister Peter Altmaier has reacted to Germany’s record floods by calling for rivers to be given more room to buffer their floodwaters, if necessary through removal of riverside homes and relocation of dikes. Germany...
The Greek government has admitted the planned privatization of the domestic gas supplier DEPA has had to be postponed. It said no serious bidders were left in the end, with Russia’s Gazprom opting out too....