The ratings agency Standard & Poor’s has downgraded Italy’s credit score by one place. S&P noted that the country’s creditworthiness might well take a further hit in the not-too-distant future. The New York-based agency announced...
The Spanish government has said unemployment in the crisis-stricken southern European nation has gone down markedly over the past four weeks. The main reason was a strong tourist season. The number of officially registered job...
China’s advancing technological prowess has reached the point where is has overtaken Europe in the fields of space research and travel. Germany is also finding ways to assist the Asian nation’s missions. China’s latest space...
Indian locomotive derailed, or a blip, this is a phenomenon that is all makes sense due to the combination of a degraded international environment and a specific business cycle India , what were called the...
Recently, the entire political establishment was bitterly divided on the issue of allowing greater than 50% FDI in retail. Almost 2 parliament sessions were wasted and a lot of public posturing was undertaken by leaders...
The EU is taking a tough stance against what it considers anti-competitive behavior by Microsoft, which could be fined up to 7 billion dollars. DW looks at Microsoft’s troubles in Europe.There’s nothing more frustrating than...
Battered by a government decision to phase out nuclear power, Germany’s biggest energy firmE.on is eager to enter more lucrative markets abroad. It has now forged a joint venture with a Turkishenergy group.E.on had acquired...
Auto maker Ford has said it will work hard to make its brands easier to identify by potential customers around the globe. The company believes a unified design concept can also help boost sluggish European...
Germany and France have made a fresh appeal to the European Union executive to pave the ground for a tax on financial transactions. They hope it can be introduced in at least nine of the...
Its power grid is virtual emissions free and there’s plenty of cool air to keep a data center from over heating – and now Iceland wants to become the “green hard drive” of the world....
While the EU agrees that it needs a banking union, sorting out the details is somewhat tricky. Despite slow progress at the Cyprus summit, a common banking supervisory by January 2013 seems increasingly unlikely. In...
RIM’s home advantage position has taken by Apple, Apple shipped 2.85 million iPhones in Canada during 2011, beating RIM’s 2.08 million shipments, according to numbers compiled by market research firm IDC and Bloomberg. RIM needs...