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.
PM Narendra Modi recently announced a financial inclusion scheme, which aims to provide banking access for all Indian citizens. Experts say the initiative faces some challenges but will help the country's economy.
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.
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