Germany's prized industrial robotics and automation sector is expecting a drop in sales this year for the first time since the global financial crisis, an industry body said on Friday.
Nov 22, 2019
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Business
Nissan's new chief executive Makoto Uchida is an insider with a global outlook, but he faces an uphill struggle to right the Japanese automaker still reeling from the Carlos Ghosn scandal.
Oct 9, 2019
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Business
Traditional banks are haunted by financial technology—fintech—firms. Challengers such as mobile-first banks Chime in the US, Monzo in the UK and Germany's N26 have been around for a number of years now, but big global ...
Sep 27, 2019
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Automotive
Crisis-hit Japanese automaker Nissan hopes the resignation of its embattled chief executive will help turn the page on the tumult unleashed by the arrest of former chief Carlos Ghosn.
Sep 10, 2019
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Business
A plunge in exports and the worst growth rates for a decade have fuelled concerns about the outlook for Singapore's economy, with analysts saying the figures offer a warning that Asia is heading for a slowdown as China-US ...
Jul 21, 2019
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Energy & Green Tech
Eighteen countries from developed economies have had declining carbon dioxide emissions from fossil fuels for at least a decade. While every nation is unique, they share some common themes that can show Australia, and the ...
Feb 26, 2019
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Business
European aerospace giant Airbus said Thursday that it would stop building its A380 superjumbo, the double-decker jet which earned plaudits from passengers but failed to win over enough airlines to justify its massive costs.
Feb 14, 2019
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The global financial crisis of 2008–2009 began in July 2007 when a loss of confidence by investors in the value of securitized mortgages in the United States resulted in a liquidity crisis that prompted a substantial injection of capital into financial markets by the United States Federal Reserve, Bank of England and the European Central Bank. The TED spread, an indicator of perceived credit risk in the general economy, spiked up in July 2007, remained volatile for a year, then spiked even higher in September 2008, reaching a record 4.65% on October 10, 2008. In September 2008, the crisis deepened, as stock markets worldwide crashed and entered a period of high volatility, and a considerable number of banks, mortgage lenders and insurance companies failed in the following weeks.
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