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French debt tops symbolic level of 2 trillion euros

ImageFrance's public debt has shot up to just over 2 trillion euros ($2.5 trillion) for the first time, according to official figures for the second quarter. National debt now stands at 95.1 percent of GDP.


Eurozone inflation remains stubbornly low

Inflation in the 18-nation eurozone has fallen to a near five-year low, stoking fears over deflation. The data put pressure on the European Central Bank (ECB) to act.


More Germans in work, but market weaker

Fresh data from the German Labor Agency have shown a slight drop in the unadjusted unemployment rate in Europe's economic powerhouse. But a closer look revealed a weaker job market all the same.


EU sets out case against Apple tax deals

The European Union's competition watchdog has explained in more detail what its current probe into Apple is based on. It said it strongly believed the firm enjoyed unfair state aid from Ireland through lax tax deals.


Japan's factory output takes a surprise dive

The most recent economic data from Japan have suggested the world's third largest economy is facing a hard time recovering from a sales tax hike earlier this year. Both factory output and household spending dropped.

Auto Industry

Toyota recalls pickups over fire risk

Japanese carmaker Toyota has recalled well over half a million pickup trucks in the United States. The company said it needed to fix a flaw in the suspension system that could result in fires.


Climate change affects Vietnam's rice bowl

Ever more farmers in Vietnam's Mekong Delta are facing tough decisions as a result of saltwater intrusion in their rice fields. But some argue it's just nature undoing human changes to the land.


Canada's biggest gas producer Encana goes shopping in US

Canadian gas giant Encana has confirmed it is acquiring Athlon Energy in the US to get better access to oil deposits there. It will be able to tap into Texas' booming Permian Basin and plans huge investments there.

Court Cases

US court holds Argentina in contempt in debt case

A New York court has held Argentina in contempt of court for illegal actions to avoid repayments to hedge funds that sued the country. Buenos Aires had earlier changed its law to ostensibly sidestep US jurisdiction.


German inflation stuck at four-year low

Real wages in Germany are rising at a much faster rate than inflation, which remains stubbornly low. But what may seem like a boon for consumers is worrying monetary policymakers at home and at the European Central Bank.


Aldi UK profit soars as big four grocers lose market share

In the UK, German discount supermarket Aldi has posted a more than 65-percent rise in 2013 pre-tax profit on record turnover. It comes as the big four UK rivals are losing market share, and Tesco overstated its profits.


Allianz plays down Pimco outflows after founder left

German insurance giant Allianz has tried to allay investor concerns about massive capital outflows from its Pimco investment fund unit. The losses mounted after the shock resignation Friday of its founder Bill Gross.


SoftBank silent on rumored DreamWorks bid

Japanese telecom giant SoftBank has refused to comment on a reported bid to take over Hollywood's renowned DreamWorks Animation. The negotiations were said to value DreamWorks at over $3 billion.


Opinion: Alibaba's rivals start to gather

Even though Alibaba broke records with its spectacular stock market debut, its rivals in China are already gathering momentum. They might well give it a run for its money, writes DW columnist Frank Sieren.