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European Union

EU prepares new sanctions against Russia

ImageEU leaders agreed to embark on fresh sanctions for Russia at a special meeting in Brussels on Saturday. But their actual powers will be worked out by the European Commission next week.

International Relations

Mongolia's 'rebalance' towards Russia and China

In a bid to boost its ailing economy, Mongolia is refocusing its foreign policy on its traditional partners Russia and China. But experts warn Ulan Bator runs the risk of becoming increasingly dependent.

Taxes

Home of the Whopper will be Canada

Fast-food chain Burger King is one of the most visible symbols of corporate America. The firm's new plans to shift its headquarters to Canada, however, have rekindled the heated debate about the US tax system.

Inequality

What a dollar store reveals about US inequality

There is a bidding war between two rock-bottom retailing chains over Family Dollar, a store serving many low-income communities in the US. It's a story about the richest and the poorest members of the US society.

Auto Industry

Volkswagen to build production facility in Thailand

German carmaker Volkswagen is expecting the go-ahead for a factory in Thailand, newspaper reports have claimed. The company aims to strengthen its position in markets with enormous growth prospects.

Energy

Russia, China break ground on joint mega gas pipeline

Russian and Chinese leaders have celebrated the symbolic start to the construction of what they say will be the world's largest pipeline. The bilateral gas supply network is to start operating by 2019.

Industry

Eurozone manufacturing slows, Ireland only bright spot

Factory orders and staffing levels are at a 13-month low in the eurozone, and manufacturing activity in the UK slowed markedly in August. Irish industry, meanwhile, expanded at its fastest rate since 1999.

European Union

UK businesses want new relationship with EU

More than half of British companies want to re-negotiate their relationship with the European Union, according to a survey by the British Chambers of Commerce (BCC). But most do not favor a withdrawal from the bloc.

Industry

New policy for vacuum cleaners sweeps the EU

Consumers will no longer be able to buy high-powered vacuum cleaners in September. EU policymakers estimate the measures will save families not only energy, but also billions of euros, while keeping their houses clean.

Food Security

Deutsche Bank-Foodwatch spat highlights unresolved global food issues

Deutsche Bank denies accusations by NGO Foodwatch that it misleads the public over its involvment in agricultural trading funds. The spat highlights food security issues that are still unresolved.

Vaccines

Unprofitable Ebola: Still no proven drug

Ebola has lurked around African tropical rainforests for decades and can have a fatality rate up to 90 percent. But despite Ebola's deadly record, it remains a disease without a proven drug for economic reasons.

Society

Global Shapers give new boost to community work in Kano

The city of Kano in northern Nigeria is widely regarded as backward and underdeveloped. A group of young people are actively working to change this, despite terror attacks by Boko Haram and political violence.