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Competition

EU challenges new Boeing subsidies at WTO

ImageThe European Union has launched yet another dispute at the World Trade Organization over what it considers illegal US subsidies for Boeing. It claimed the state of Washington was offering WTO-incompatible tax breaks.

Investment

Shareholders approve Alstom energy assets sale

Shareholders have given the green light for the sale of Alstom's energy assets to US giant General Electric. Alstom's management said the move was the best solution for the future of the French company.

European Union

Thousands protest in Brussels against austerity, EU-US trade deal

Demonstrators gathered in Brussels to rally againist painful austerity measures and the upcoming TTIP trade deal. Protestors managed to shut down one of the European capital's busiest districts.

Eastern Europe

Russian ruble drop causes fear of devaluation in Belarus

Authorities in Belarus imposed a 30 percent fee at money exchanges to stop the citizens from buying foreign currency. Belarusians reacted with panic at the plummeting of the Russian ruble.

Visit Germany

German holiday resorts miss Russian tourists

Rich Russians have spent winters at European resorts for years, but following the Ukraine crisis and Western sanctions, their numbers have declined. That's led to a drop in business in cities like Germany's Baden-Baden.

Corruption

Franciscan Order reveals dodgy finances

The Order of Friars Minor (OFM), the Catholic Church's most prominent brotherhood of Franciscan friars, has said dubious dealings have led the OFM into serious financial trouble. An investigation is underway.

Economy

Bank of Japan upbeat despite challenges

Notwithstanding a stream of negative news in recent times such as a shrinking output and falling business confidence, Japan's central bank has struck a more positive tone about the country's economic outlook.

International Relations

From 'Look East' to 'Act East' – India shifts focus

India's ''Look East policy" has long shaped the nation's ties with the Asia-Pacific. But PM Modi now pursues a more ambitious agenda based on stronger ties to Japan, Vietnam, Australia and ASEAN, says Danielle Rajendram.

Labor relations

Amazon reputation tarnished amid labor disputes

German consumers may be spending more this month, but they are less likely to order from Amazon. That's because about a fifth of Germans disagree with the company's labor policies, according to a new survey.

Economy

ECB vice president expects negative eurozone inflation in coming months

A senior official with the European Central Bank has said that he expects the inflation rate in the eurozone to turn negative next year. However, he also said he didn't expect this to develop into a long-term problem.

Crime

Sony cyber attack a 'matter of US national security'

The United States has described a cyber attack on Sony Pictures as a matter of "national security" and vowed to respond appropriately. The attack led the company to cancel the planned release of a film.

Investment

BASF, Gazprom scrap asset swap deal

Germany's chemicals giant BASF and Russian energy company Gazprom have agreed to call off an important asset swap that the two firms had planned for the end of the year. The reason for the move was not immediately given.

Banking

Is Deutsche Bank considering selling Postbank?

Deutsche Bank, Germany's biggest bank, just finished acquiring Postbank in 2012. Now Deutsche is reportedly considering a sale of the huge post-office-based bank network, in order to increase Deutsche's capital buffer.

Auto Industry

Carmakers suspend deliveries to Russia

The Russian currency has plummeted dramatically in recent days. Now European carmakers have suspended deliveries to their showrooms in Russia while they consider price adjustments.

Aviation

Lisbon cracks down on TAP airline strike

The Portuguese government has invoked extraordinary measures to prevent TAP national airline staff from striking in the busy Christmas period. It imposed a labor requisition to avoid major disruptions for travelers.

China

Sieren's China: Shanghai's stock market soars

Investors have rediscovered the Chinese stock market - and this time, the surge in Shanghai stocks might last, says DW columnist Frank Sieren.