Euro loses ground to the dollar
Is the US dollar set for a big comeback? Over the past few months the US dollar has been picking up steam in the international currency markets, especially against the Euro. The dollar's rise owes much to the easy money policy that central banks have been implementing since the financial crisis. Many expect the US to start unwinding that policy soon, whereas in Europe all indications are that the ECB isn't done with stimulus just yet.
Brazil invests in Germany
This week business leaders from Germany and Brazil are meeting in Hamburg to try to see how they might beef up their cooperation. Today there are roughly 1,600 German companies operating in Brazil, but only 60 Brazilian companies active in Germany. DW takes a look at one Brazilian company that two years ago invested in a medium sized German company in the the country's south.
Court bans Uber ridesharing in Germany
Uber has hit a major roadblock in Germany. The carsharing company has been banned from picking up passengers by a court in Frankfurt. It say that Uber lacks the necessary legal permits to operate under German law. Taxi drivers have long complained that Uber presents unfair competition. Uber risks fines of 250 thousand euros per trip if it ignores the ban.