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Business | Economy and finance news from a German perspective - DW

https://www.dw.com/en/business/s-1431
Chinese capital flows into Hungary Chinese companies are investing billions of euros in Hungary as they look to expand into the European market. Hungary 07/06/2024 July 6, 2024 03:53 min

China: Communist Party meets amid economic slump - DW

https://www.dw.com/en/china-communist-party-meets-amid-economic-slump/a-69662287
China: Communist Party meets amid economic slump 07/15/2024 July 15, 2024. Top Chinese officials have kicked off a key four-day economic meeting after latest figures showed lower-than-expected growth.

Downbeat China Data Sparks Growth Forecast Cuts by Global Banks

https://www.morningstar.com/news/dow-jones/202407161454/downbeat-china-data-sparks-growth-forecast-cuts-by-global-banks
Economists at Goldman Sachs and Barclays now expect China's economy to grow 4.9% and 4.8% respectively this year, down from 5.0% previously. J.P. Morgan analysts have lowered their estimate to 4.7

Traders Worry China Easing Measures Would Hurt Banks' Profitability

https://www.bloomberg.com/news/articles/2024-07-17/traders-betting-on-china-easing-boost-bearish-options-on-banks
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

Hungary's PM travels to Washington after talks with China's Xi

https://www.reuters.com/world/hungarys-pm-travels-washington-after-talks-with-chinas-xi-2024-07-08/
Hungary's Prime Minister Viktor Orban said on Monday he would go to Washington after discussing a Chinese peace plan for Ukraine in Beijing.

Why Europe Is Pushing Back Against Chinese EV Blitz - Bloomberg.com

https://www.bloomberg.com/news/articles/2023-09-13/who-are-the-new-chinese-ev-manufacturers-and-why-do-they-worry-the-eu
September 15, 2023 at 7:03 AM PDT. Chinese electric vehicle makers including BYD Co. and Nio Inc. are making a push into Europe to sidestep a price war at home. Their arrival is an unwelcome

German companies are pouring a record amount of investments ... - Fortune

https://fortune.com/europe/2024/02/19/german-companies-pouring-record-investments-us-germany-tight-economic-relationship-china-wobbles/
German firms committed $15.7 billion in capital projects to the U.S. last year, marking a steep rise on 2022's figure of $5.9 billion, according to an analysis of company announcements by fDi

Dow Jones hits new record, stocks climb as Fed eyes interest rate cuts

https://www.usatoday.com/story/money/2023/12/13/dow-jones-record-high-close/71910975007/
After closing at a record high of 37,090.24 on Wednesday, the Dow jumped another 0.43% Thursday. The S&P 500 closed up 0.26%, inching closer to its own record high, while the Nasdaq composite

Microsoft Outlook (formerly Hotmail): Free email and calendar

https://www.microsoft.com/en-us/microsoft-365/outlook/email-and-calendar-software-microsoft-outlook
For 1 person. Ad-free Outlook email and calendar web, desktop, and mobile apps. Advanced Outlook and OneDrive security. 50 GB mailbox storage 4. 100 GB cloud storage. Microsoft technical support. OneDrive ransomware protection for your files and photos. Access to Microsoft support experts.

Russia has ordered the arrest of Wagner Group chief Yevgeny Prigozhin : NPR

https://www.npr.org/2023/06/23/1184090744/russia-wagner-group-yevgeny-prigozhin-criminal-case
Yevgeny Prigozhin, owner of the Wagner private military contractor, made his most direct challenge to the Kremlin yet on Friday, calling for a rebellion aimed at ousting Russia's defense minister.

Germany wrestles to find a way out of budget crisis | AP News

https://apnews.com/article/german-economy-budget-crisis-scholz-d6015679d5c4604f9a16a118bb445983
German Chancellor Olaf Scholz attends a debate about Germany's budget crisis at the parliament Bundestag in Berlin, Germany, Tuesday, Nov. 28, 2023. With its economy already struggling, Germany now is wrestling to find a way out of a budget crisis after a court struck down billions in funding for clean energy projects and help for people

Putin Could Be Ousted by Wagner Army, Says Former Ally - Business Insider

https://www.businessinsider.com/putin-could-ousted-prigozhin-wagner-army-say-former-russian-commander-2023-5?op=1
The Wagner army could pose a huge threat to Putin's power, according to Igor Girkin, a former Federal Security Service officer who once led a group of Russian militants in Donetsk.

China looks to shore up belt-and-road deals with Middle East cash

https://www.scmp.com/economy/china-economy/article/3231912/china-looks-shore-belt-and-road-deals-middle-east-cash-and-partnerships-western-investment-wanes
Official figures from China's Ministry of Commerce showed that foreign direct investment (FDI) dropped 9.8 per cent, year on year, to US$111.8 billion in the first seven months of 2023.

Germany used to be the world's export powerhouse. Now, it's not growing

https://apnews.com/article/german-economy-growth-recession-2ff7fc60181970cbbca581e56dcf1f5f
A builder waits outside a construction site in Frankfurt, Germany, Friday, July 28, 2023. The German economy is still failing to grow, figures showed Friday, as the country that should be the industrial powerhouse for all of Europe struggles with high energy prices, rising borrowing costs and a lagging rebound from key trading partner China.

Global Exodus From Chinese Markets Prompts Xi to Change Tack

https://www.bloomberg.com/news/articles/2022-03-18/global-exodus-from-chinese-markets-prompts-xi-to-change-tack
WATCH: A global exodus from Chinese markets prompts President Xi Jinping to change tack to stabilize the economy and financial markets. Source: Quicktake by Bloomberg. By Sofia Horta e Costa

China's Growth Slows to Three-Decade Low Excluding Pandemic

https://www.wsj.com/world/china/chinas-growth-slows-to-three-decade-low-excluding-pandemic-93d61487
HONG KONG—China's economic growth rate finished at one of the lowest levels in decades last year, underscoring the heavy toll that a property-sector collapse and weak consumer confidence have

Sri Lanka permits China's space-tracking vessel to dock - DW

https://www.dw.com/en/sri-lanka-permits-chinas-space-tracking-vessel-to-land-at-chinese-run-port/a-62800297
08/13/2022. Sri Lanka has granted permission for the Chinese space-tracking vessel Yuan Wang 5 to dock at a port that China runs. The Hambantota port is the southernmost in Sri Lanka and has

China heatwave: Sichuan shuts factories to save power | CNN Business

https://www.cnn.com/2022/08/16/economy/sichuan-factories-power-crunch-china-heat-wave-intl-hnk/index.html
01:06 - Source: CNN. Hong Kong CNN Business —. China's Sichuan province has ordered all factories to shut down for six days to ease a power shortage in the region as a scorching heat wave

Bad Rabbit: Ten things you need to know about the latest ... - ZDNET

https://www.zdnet.com/article/bad-rabbit-ten-things-you-need-to-know-about-the-latest-ransomware-outbreak/
7. It may not be indiscriminate. At the same point following the WannaCry outbreak, hundreds of thousands of systems around the world had fallen victim to ransomware. However, Bad Rabbit doesn't

China's Economy Is in Trouble. Xi Jinping Has Other Priorities.

https://www.wsj.com/world/china/chinas-economy-is-in-trouble-xi-jinping-has-other-priorities-c1933b34
China's real-estate crisis, now in its third year, has become a major drag on the economy. greg baker/Agence France-Presse/Getty Images

Carol Dweck Explains the False Growth Mindset - The Atlantic

https://www.theatlantic.com/education/archive/2016/12/how-praise-became-a-consolation-prize/510845/
Dweck: False growth mindset is saying you have growth mindset when you don't really have it or you don't really understand [what it is]. It's also false in the sense that nobody has a growth

Most Executives Believe in the Business Case for CSR. So Why Don't They

https://hbr.org/2018/09/most-executives-believe-in-the-business-case-for-csr-so-why-dont-they-invest-more-in-it
Summary. Given companies' track record in achieving great things, the question is not whether companies can be a force for good. The question is, why do not all executives lead their companies

German, French Officials Accuse U.S. Of Diverting Supplies

https://www.npr.org/2020/04/04/827321294/german-french-officials-accuse-u-s-of-diverting-supplies
The U.S. has the most cases globally, with Germany and France at the fourth and fifth-highest case count, respectively. On Friday, officials in Berlin alleged that the U.S. intercepted a shipment