Germany's second-largest bank, Commerzbank, is planning to cut between 4,000 and 6,000 jobs. The lay-offs are part of a larger trend of scaling back among German banks.
Germany's inflation rate remains mired at dangerously low levels, with the threat of deflation looming large. The possibility of ECB action to stimulate the eurozone economy seems increasingly likely.
A new report by the Asian Development Bank finds that 1.25 USD a day isn't enough to maintain minimum welfare in many parts of Asia. Economist Guanghua Wan tells DW what should be included when measuring extreme poverty.
Sanofi is banking on inhaled insulin as an alternative to daily injections for diabetics. The French drugmaker has struck a multi-million licensing deal with US-based MannKind.
Europe's biggest lender, London-based HSBC, has reported a decline in earnings for the first half of 2014. The bank cited weaker investment banking and one-off gains on the year as reasons for the dive.
© 2014 Deutsche Welle | Legal notice | Contact