Ruble rout impacts German corporations
Numerous German companies are feeling the pain from the Russian economic crisis. For example, a deal collapsed between chemicals giant BASF and Russian state enterprise Gazprom. Other companies being affected include sportswear maker Adidas.
Easing of Cuban trade embargo raises hopes
The thaw in US-Cuban relations announced this week offers the chance to alter the structure of Cuba's economy by changing the nature of foreign investment in the country, as well as where that investments goes. Importantly, it could lead to a shift from money flowing not just into Cuba's state-run sector, but into the hands of private citizens as well. That could open a new world for small business owners.
Portable medical devices
Hospitals offering state of the art medical treatments are capable of achieving medical miracles these days. But, for the millions who don't have access to such hospitals, even highly treatable diseases and illnesses can still mean a death sentence. Now, a German company has come up with a way of delivering the hospital to the patients instead of the other way around.