World Biz
Daimler applies to be principal witness in EU automotive cartel probe2017-10-21
German automaker Daimler AG confirmed on Friday that it has applied for the status of principal witness in the European Union's(EU)probe of allegations that German carmakers formed an illegal cartel.
British quarterly retail sales figures point to bank rate rise2017-10-20
Despite weak monthly growth in British retail sales figures revealed on Thursday, the quarterly figures are buoyant, pointing to a possible rise in the bank rate in the coming months.
Bank of Israel keeps interest rate unchanged at 0.1 pct2017-10-20
The Monetary Committee of the Bank of Israel announced Thursday to keep the interest rate unchanged at 0.1 percent.
S. Korea's central bank raises 2017 economic growth outlook to 3 pct2017-10-20
South Korea's central bank on Thursday raised its 2017 growth outlook for the economy by 0.2 percentage points to 3 percent.
S. Korea freezes policy rate at record low for 16 months2017-10-20
South Korea's central bank on Thursday froze its benchmark interest rate at a record low, refraining from altering the rate for 16 straight months.
German economy to witness further growth: study2017-10-20
German economic growth will continue unabated in 2017, a study published on Thursday by the Association of German Chambers of Commerce and Industry (DIHK)said.
Switzerland scores high in youth employment survey2017-10-20
Switzerland is the second best labor market for young European citizens, only behind Denmark, according to a latest survey released by the Federal Institute of Technology in Zurich(ETHZ)on Thursday.
German firm to push cooperation with Iran amid uncertainty2017-10-20
German Henkel Group said Wednesday the firm will not stop operating in Iran despite of the uncertainty arising from the ongoing spat over Iran's nuclear deal.
Cloud computing unit sees rapid growth at German software giant SAP2017-10-20
SAP SE continues to see strong growth in its cloud computing business, official figures released on Thursday by Europe's largest software producer showed.
Italian youths remain unemployed despite positive economic signs2017-10-20
Italy's budding economic recovery is leaving at least one key group behind:young workers.
Nissan to suspend new car shipment in Japan over renewed inspection scandal2017-10-20
Japan's Nissan Motor Co. said on Thursday that it will suspend shipment of new cars from all of its domestic plants for two weeks after it found out that flawed inspection still carried on after it apologized for the malpractice earlier this month.
Polish leaders voice support to Turkey's EU bid2017-10-20
Polish leaders, including President Andrzej Duda and Senate Speaker Stanislaw Karczewski, have voiced their support to Turkey's EU bid after Turkish President Recep Tayyip Erdogan paid a one-day visit to Poland on Tuesday.
Ukraine approves cooperation program with UN for 2018-20222017-10-20
The Ukrainian government has approved the country's cooperation program with theUnited Nations(UN)for 2018-2022, the cabinet's press service said Wednesday in a statement.
German municipal association dismisses EU's proposals for city security upgrade2017-10-18
The German Association of Cities and Towns(DStGB)said it does not see any need for concrete provisions from the European Union to improve the protection of public space in Germany, in a statement published on its website on Tuesday.
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