Rising wages, a strong job market and low oil prices have further boosted the mood among German consumers. Confidence has reached its highest level since 2001, but experts warn the air is getting thinner.
International Consolidated Airlines Group has cleared a major hurdle in its bid to acquire Aer Lingus after the Irish government agreed to sell its 25-percent stake. The deal now requires support from rival Ryanair.
At least nine top-ranking officials from soccer's governing body have been taken into police custody in Switzerland. They are suspected of having accepted millions of dollars in bribes over a 20-year period.
A damaged cargo ship carrying fertilizer is stranded off the coast of Heligoland, emitting foul smelling smoke. All crew members have been evacuated because authorities say the cargo ship is at risk of exploding.
Online retailer Amazon has announced it has opened national branches in certain European countries. Previously, all revenue was recorded in Luxembourg, prompting criticism from the European Union.
Charter Communications has announced it is acquiring rival Time Warner Cable to create a powerful new player in the US pay TV and broadband sector. The transaction will be carried out as combined cash and stock deal.
World powers and Iran might well miss their June target to reach a nuclear deal, France's ambassador in Washington has said. There will be no sanctions relief before the year is up, according to his German colleague.
Former Mexican Finance Minister Angel Gurria was re-elected as head of the Organisation for Economic Cooperation and Development (OECD), giving him another six years to push forward his agenda of innovation.
Mobile phone use has been skyrocketing in Africa - the number of handsets is set to reach a billion next year. Most people still use so-called feature phones but the rival smartphone is expected to catch up before long.
Beverly Hills, known for glamour and luxury, is getting a new look as residents cope with mandatory water restrictions. As further curbs are considered, Californians ask if urban water cuts are fair - and achievable.
New York is the world's most wasteful megacity. In the dark of night, Freegans roam the streets, rummaging through trash bags, looking for food and other discarded goods. Who are these people? Janosch Delcker reports.
The European Union is skidding further toward a political crisis. Skepticism is growing across the bloc and the willingness to reform is ebbing, warns DW’s Bernd Riegert.
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Full year profits at Europe's largest low-cost airline, Ryanair, were 66 per cent up on 2013 to 867 million euros. Management said the improvements can be traced back to a concerted programme of improving customer service, after complaints that it did not treat its passengers well.
Asylum seekers in Germany are permitted to work after three months. But many employers shy away from hiring them, uncertain as to whether their asylum applications will be granted. That decision-making process can take an average of 7 months - though some nationalities can wait up to 18 months.
Nigeria has just narrowly avoided a complete economic shutdown after the main unions - along with gasoline and diesel distributors - met the new government. The talks ended a crisis which has left domestic airlines grounded and seen gas stations run dry, hitting businesses and homes.
The G7 is "indispensable" in shaping the global agenda - that's how European industry leaders feel about the annual meeting of the seven leading industrial nations. But with emerging powers such as China left out, many say the G7 has become an anachronism.
The French parliament votes next week on legislation forcing large supermarkets to donate rather than destroy unsold but edible food. Those who fail to comply will face fines and even jail sentences.
More than 200 exhibitors from 15 countries are participating in CES Asia - an offshoot of the more famous Las Vegas Consumer Electronic Show, which often serves as a launching pad for the next season's must-have items.
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Thousands of liters of crude oil have leaked from a pipeline in California into the Pacific Ocean. The oil slick continues to spread, reaching pristine beaches and marine reserves.
15 years ago, German politicians agreed to wean the country off fossil fuels and nuclear energy. The shift has been expensive and mistakes were made, but it has put Germany on a path to a cleaner, greener economy.
Germany's parliament has begun debate on fracking legislation, with members split on the oil and gas extraction method. Environment Minister Barbara Henricks wants "very strict rules" based on scientific analysis.
With renewables delivering more and more electricity, some EU states have taken to paying subsidies to companies for keeping fossil-fuelled generators on reserve. EU regulators are now probing the subsidies.
Swedish energy group Vattenfall has reported a steep drop in quarterly profits and announced job cuts. In Germany, the company wants to sell its lignite-fired plants, but one research institute has an alternative.
Greece says it cannot make debt repayments to the IMF due next month without more aid from its foreign lenders. Athens defaulting on its debt could mean a Greek exit from the single currency eurozone.
Accounts of the ECB's last meeting in April show the central bank for the euro area remains committed to its massive monetary stimulus despite accelerating growth and rumors of an early roll-back of the program.
The government in Athens says it needs to strike a deal with its creditors by the end of the month if it's to stay afloat. It faces repaying big IMF loans in June, prompting more fears of insolvency.
A split appears imminent in the euroskeptic Alternative for Germany (AFD) party. Co-founder Bernd Lucke - a professor of economics - has threatened to quit the party, lamenting the far-right influence in AfD's ranks.
Turkey's thriving auto industry has been hit by one of the worst strikes in years. A wave of strikes began last week in the country´s largest car plant, the Renault factory in Bursa.
Japanese auto parts giant Takata has doubled the number of vehicles in the US being recalled due to the company's defective airbags, sending the firm's shares plunging in Tokyo on Wednesday.
Self-driving cars run by Google have been involved in less than a dozen accidents over the past six years, the Internet search behemoth has said, with none of them caused by the driverless vehicles.
Capitalizing on a weak yen, strong demand in the US and a cost-cutting drive, Toyota's net profit has accelerated for the second straight year, setting a new annual record for the world's top-selling carmaker.