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Thursday, June 04, 2020 10:30 PM ET

Deutsche Welle - Business

Hope for German cars after stimulus snub -- Chancellor Merkel's coalition has refused to provide incentives for the purchase of conventional cars, leaving carmakers disappointed. Car sales have taken a battering due to COVID-19, but there is a silver lining.

13 hours ago

Merkel seals stimulus to lift German economy -- Germany has unveiled its biggest stimulus package on record, aiming to heave the economy out of a coronavirus-induced recession. The €130-billion plan will slash taxes, hand money to families and boost investment.

16 hours ago

Why stock markets rally amid economic gloom -- Global financial markets have brushed off a devastating pandemic, US civil unrest and fresh China tensions. How can Wall Street be so detached from the economic reality of our times?

17 hours ago

No-deal Brexit scenario rising amid COVID-19 -- June is a critical month for EU-UK talks on a trade deal. If no progress is made this month, a no-deal Brexit looks inevitable. Is it possible that's because of, rather than in spite of, the coronavirus crisis?

19 hours ago

An uncertain future awaits Berlin's new airport -- After years of canceled and postponed openings, Berlin Brandenburg Airport has been given the go-ahead to take flight. The lack of passengers because of the coronavirus crisis will make that a lot easier.

1 day ago

Spain to curb poverty with welfare benefits -- Poverty had been widespread in Spain long before COVID-19 hit the southern European nation. Since the early 1980s, 10% of the population has been without a job. Stefanie Claudia Müller reports.

1 day ago

Siemens CEO says 'learn from the pandemic' -- Siemens CEO Joe Kaeser told DW the world needs strong leadership to steer countries through the current COVID-19 pandemic, and in shaping different global economic relations after the crisis.

1 day ago

Coronavirus challenges global division of labor -- The more complex global supply chains are, the riskier they can be for companies. The coronavirus has shown how costly it can get to be faced with disrupted supplies. Does that mean the end of globalization?

1 day ago

Travel industry's main pandemic losers -- The COVID-19 epidemic poses a threat to the everyday life of people worldwide. Travelers are particularly affected, as are people working in tourism. Here are the latest developments.

1 day ago

How auction houses aim to survive lockdowns -- Selling rare books, paintings and photography in times of stay-at-home orders and social distancing is not easy. German auction house Bassenge is nonetheless charging ahead and bringing in buyers.

15 hours ago

Will COVID-19 help 'greedy' pharma's image? -- The pharmaceutical industry has often been castigated, especially in the US, for being profit-driven. Now, many are saying the coronavirus crisis offers a perfect opportunity to the industry to boost its image.

3 days ago

Lawyers cash in on coronavirus pandemic -- The coronavirus pandemic has prompted governments around the world to take dramatic and sometimes unprecedented measures to protect public health. However some legal firms are looking to cash in on these measures.

3 days ago

Germany unveils massive stimulus package -- 03.06.2020 -- Governing parties have agreed on a €130 billion stimulus package to help the economy recover from the COVID-19 pandemic.

3 hours ago

EU vaccine alliance in the making -- Germany is wary of US and Chinese efforts to secure large doses of potential COVID-19 vaccines.

15 hours ago

Why Berlin builds refugee homes as numbers fall -- Germany's capital has approved plans to build new refugee homes as coronavirus and housing shortage bite. Some refugee homes are struggling to maintain hygiene guidelines.

1 day ago

Trump keeps threats to China vague - The Hong Kong protest movement cannot rely on Donald Trump. The US president's announcements of denying Hong Kong special status and sanctioning China remain vague, says Frank Sieren.

14 hours ago

Tensions put Hong Kong's status at risk -- If Hong Kong's special trade privileges under US law were revoked, it would erode the city's competitiveness as an export hub and an international financial center, say experts.

6 days ago

Low solar prices: Bright future for renewables? -- Solar energy has fallen in cost faster than experts predicted. How did electricity from photovoltaic panels get so cheap?

7 days ago

How COVID-19 could boost smart-city visions -- The pandemic lockdowns have shown how much healthier city life could be without clogged streets, deafening noise and polluted air. But will the virus boost efforts for greener cities? The technology is already there.

2 days ago

Your EV parked on the bottom of the ocean? -- Billions of tons of valuable polymetallic nodules are dozing on the Pacific Ocean floor southeast of Hawaii, a key potential source of materials for making EV batteries. We know how to harvest them. What's stopping us?

7 days ago

Is capitalism veering off a cliff? -- As the coronavirus pandemic has brought economies to a halt all over the world, Kate Ferguson examines the idea of capitalism as a runaway car on the edge of a cliff.

2 days ago

A new space race? -- The US is resuming crewed space travel with American spacecraft after nearly a decade of relying on Russian aid to reach the ISS. The era of space cooperation between Moscow and Washington may be reaching its end.

3 days ago

Who is Elon Musk, and what made him big? -- How did an awkward, nerdy boy from South Africa become a world-famous American engineering entrepreneur? Elon Musk's story is a lesson in how a few simple principles, applied relentlessly, can yield amazing results.

8 days ago

Activists protest Germany's new coal plant -- Germany has pledged to phase out coal production by 2038. Protesters think the new Datteln 4 coal power plant in the western state of North Rhine-Westphalia should not have been fired up.

3 days ago

Vaccine research drives German biotech boom -- Many promising developments in the fight against the pandemic come from Germany's flourishing biotech scene.

1 day ago

China's domestic flights' market needs reform -- China is using the COVID-19 pandemic to stifle competition on its domestic aviation market, says an EU business group.

2 days ago

Thousands queue for food handouts in Spain -- Spain will be one of the major recipients when the EU's rescue package is drawn down. The country's economy is at a standstill and unemployment is soaring.

3 days ago

Korean Air reopens international routes amid rescue plan -- South Korea's main airline, Korean Air, will resume more than a dozen international routes after the coronavirus shutdown. State backed loans and employee leave will also assist the airline in efforts to survive the severe downturn.

3 days ago

France pips Germany with COVID-19 warning app -- Germany is still working on its app, but in France, people can already download the warning app "Stop Covid".

3 days ago

Brazilian unemployment leaps as GDP sinks -- Brazil is the country with the most COVID-19 cases after the USA. The economy has been battered too.

3 days ago

Easyjet makes sweeping cuts to workforce -- Easyjet is cutting 30% of its workforce. But it's far from the only airline suffering due to the pandemic.

6 days ago

Does coronavirus mean the end of globalization? -- Experts have very different views on whether the coronavirus is killing globalization or if things will go on as normal.

6 days ago

MADE: DW Business Show -- In-depth business stories

9 months ago

Globalization Magazine -- Reports from around the globe

9 months ago

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5 months ago

DW Business – Europe & America - EU leaders welcome historic German aid package – Las Vegas casinos resume gambling after closures

4 hours ago

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9 months ago

Israel thwarted attack on water systems: cyber chief -- Israel's cyber chief has said the country prevented a major cyber attack on its water systems last month. He said it was the first attempt to use cyber technology to disrupt real life.

7 days ago

The 77Percent: COVID-19 disrupts education in Africa -- Over a billion students around the world have been forced out of classes by theCovid19 pandemic. Many are turning to online classes to continue learning. But this comes with challenges, especially in Africa due to its poor internet connectivity and accessibility. That forms our #77percent discussion this week with DW's Miriam Kaliza in Malawi. Enjoy the show!

15 days ago

Nissan plans to shutter Barcelona plant -- Japanese carmaker Nissan announced its first annual loss in a more than a decade. It lost more than $6 billion in the fiscal year ending in March. The struggling carmaker says it had to make tough choices.

1 day ago

Mexico chooses its own path to stem economic fallout of pandemic -- More than a million jobs are likely lost during the coronavirus crisis in Mexico, with the important auto industry expected to take the worst hit. But Mexico's leftist president is optimistic he can cushion the blow.

13 hours ago

EU Commission planning 'green' auto industry rescue: report -- A draft proposal seen by German media suggests the EU is planning on pumping billions into its shattered auto industry. However, the aid would be contingent on promoting "cleaner cars."

15 days ago

ECB: Coronavirus downturn could put strain on eurozone -- The European Central Bank said mounting public debt, as countries dole out coronavirus assistance, could put further strain on the eurozone's more indebted members. The twin threats of rising debt and falling GDP loom.

9 days ago

Coronavirus: France, Germany propose €500 billion recovery fund -- EU leaders have sparred for weeks over how to best help the eurozone recover from the impact of the coronavirus pandemic. This proposal between Paris and Berlin could signal a way forward.

17 days ago

Coronavirus: EU faces 'recession of historic proportions' -- EU officials have forecast "the deepest economic recession" in the bloc's history as a result of the coronavirus. Failure to agree on common solutions for the post-pandemic recovery could undermine the European project.

29 days ago

Eurozone finance ministers agree on coronavirus rescue plan -- How to cope with the economic impact of the coronavirus? Eurozone finance ministers have agreed on a plan that is worth over half a trillion euros.

1 month ago