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Deutsche Welle: DW.com - Business
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Deutsche Welle: DW.com - Business
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Nobel economics prize awarded for innovation-growth theory
The award went to three researchers from the United States, Canada and France for explaining how technological progress leads to prosperity.
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EU seeks US trade concessions by doubling steel tariffs and cutting quotas
A recent EU decision to punish imports of steel with new levies has sparked backlash from China and global concerns over rising protectionism. Is Brussels following Washington's lead — or defending its steel industry?
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Tech Zity hub set to crown Lithuania's bustling startup scene
Lithuania's startups are on the rise with fintechs showing the way. There's hope the sector could become an economic backbone. But more young tech companies will need to take the leap.
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Germany: Merz pledges to resist 2035 EU electric car switch
Chancellor Friedrich Merz said he would oppose the "hard cutoff" currently planned by the EU, aiming to stop registering new internal combustion engine cars by 2035. The goal was already under review and looking fragile.
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Can France learn from Italy to overcome its fiscal crisis?
France's political and economic crisis is deepening. Governments keep falling, budgets can't be agreed and the country's debt pile keeps expanding. Can it learn anything from reformed problem child Italy?
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German chancellor hosts auto summit as carmakers bleed jobs
German automakers won fresh incentives to revive demand for electric vehicles during crunch talks with Chancellor Friedrich Merz. Berlin is under pressure to act as German sales slump while Chinese rivals surge.
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How China wields rare earths as a strategic weapon
China's grip on rare earths — vital for smartphones, EVs and military tech — has left the US, Europe and India vulnerable. Until global supplies increase, China wields great power over the critical technology sectors.
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Germany investigating Temu on price-fixing suspicions
Germany's competition watchdog has announced an investigation of Chinese discount online retail site temu.com, suspecting it of influencing retailers' prices. The site is the fastest-growing of its kind in the world.
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EU to double steel tariffs amid influx of Chinese imports
The EU's industry chief says the bloc plans to raise tariffs on foreign steel in a bid to counter cheap Chinese imports. Nearly 100,000 jobs have been lost in the European steel sector in the past 15 years.
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Could France's political turmoil spark eurozone debt crisis?
The collapse of yet another French government for its inability to push austerity measures through parliament is raising fears that the debt of the European Union's second-largest economy is spinning out of control.
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Gold tops $4,000 as demand for safe assets rises
Gold and bitcoin have both hit record highs in recent days. Geopolitical and economic uncertainty are factors, while doubts over the US dollar are attracting institutional investors.
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Are Volkswagen's EVs made with African conflict minerals?
The German carmaker requires substantial amounts of minerals for its transition to electric vehicles. But new research by DW shows that some of Africa's most notorious smelters are part of Volkswagen's supply chain.
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Pilot crisis looms as airlines scramble to fill cockpits
Many airlines worldwide are struggling to fill their cockpits with experienced pilots as demand for air travel grows. Can signing bonuses and fast-track promotions make up for a massive retirement wave?
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Nvidia chips in millions for AI factory in Armenia
As costly artificial intelligence data centers get built in rich countries, there's concern that many countries will be left behind. But Armenia is poised to get a boost from Nvidia's plans for a $500 million AI factory.
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Trump tariffs: Who stands to lose most from new US pharma duties?
The US president's latest tariff move will see the US impose 100% levies on imports of branded or patented pharmaceutical goods from October 1. What could it mean for global trade?
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How Russia's mounting economic woes could force Putin's hand
The Russian economy is in trouble. Growth has stalled, energy revenues have plunged, and the budget deficit is growing. If the EU and US step up sanctions, things could get more serious still.
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Germany's bid to lead in autonomous driving faces roadblocks
Germany has the research expertise, a car production ecosystem and even test tracks for autonomous driving. But Europe's biggest auto nation still lags when it comes to putting self-driving cars on the road.
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How Donald Trump's H-1B visa fee could affect the US economy
Critics say the president's plan to charge $100,000 application fees for the H-1B visa program will greatly stifle the US economy. Universities, nonprofits and tech startups stand to be most affected.
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Here's how flowers can harvest vital metals
As demand for nickel grows, plants could help suck out vital raw materials from soil. Could this replace conventional mining that's harmful to the environment?
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What you need to know about thrifting
Thrifting is hailed as a cheap and green alternative to fast fashion. But when DW reporter Katharina Schantz set out to find the perfect pre-loved shirt, it made her question what she thought she knew about secondhand.
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