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Business Ethics

Ashley Madison chief Biderman steps down

ImageThe chief executive of Canadian-based infidelity website Ashley Madison has thrown in the towel after hackers leaked sensitive membership data online. Executives, however, said the portal would continue operating.


Fresh Japan data deal blow to Abenomics

Just over two years after Japan's PM Shinzo Abe launched an economic policy blitz, the latest inflation and consumer demand figures suggest his spendthrift measures have led to nothing but higher government debt.


ADB Chief Economist: Claims of China's growth collapse 'greatly exaggerated'

The recent stock market plunge has exacerbated worries about China's economic slowdown. But ADB Chief Economist Shang-Jin Wei tells DW the stock price turbulence is likely to have limited impact on the real economy.


Global markets mixed at end of rollercoaster week

Stocks nosedived this week on the potential impact of a slowing Chinese economy, but strong economic data from the US and interest rate cuts in China have helped markets recover some of the losses.


US second-quarter growth up sharply

The US Commerce Department has revised its estimate of US second-quarter economic growth sharply upward. It reported that domestic consumption was one of the main drivers of growth across the country.


Switzerland narrowly avoids recession

Switzerland narrowly avoided its first recession in six years as rising investment and consumer spending in the second quarter gave the economy the boost it needed to return to growth of 0.2 percent.


ABBA's piano goes under the hammer

We've all heard it, now you can have it: The grand piano that featured on a number of ABBA's biggest hits is up for sale. The instrument is expected to fetch a hefty sum at auction.


European bailout fund chief upbeat on Greece

Klaus Regling, head of the European bailout fund ESM, is upbeat about Greece. There's a lot of work to be done to restructure the economy - but if reforms are pushed through, brighter days are ahead.


New tools for a new Europe

The European project has not failed, but the crisis in the eurozone will only come to an end once the EU decides what it wants to be, writes Brando Benifei, a member of the European Parliament.


Garbage governance: Poor waste management causes environmental crises

Trash is a big problem at the moment for Lebanon - and for governments all over the world. It can lead to major environmental problems. But there are solutions - if the authorities are ready to take them on.


Google locks horns with EU regulators

Internet search giant Google has said accusations by EU regulators that it abuses its market dominance are unfounded, and that its services do not violate the bloc's competition laws in any way.

Labor Market

More Germans at risk of falling into poverty

Germany's public coffers are full but for poorly educated workers, the danger of slipping into poverty is greater now than it was 10 years ago, new data from the country's Federal Statistical Office has revealed.

Auto Industry

Carmakers sued over 'deadly' keyless ignitions

A group of US consumers has filed a lawsuit against ten of the world's biggest auto makers, charging them with concealing the risks of carbon monoxide emissions in vehicles with keyless ignitions.


Wal-Mart to stop selling semi-automatic rifles

Hours after a deadly on-air shooting of two TV journalists in Virginia, Wal-Mart, the United States' largest seller of guns and ammunition, said it would stop selling AR-15 semi-automatic rifles and similar weapons.


Fresh US rate speculation fuels stocks rebound

Fears of a lasting global stock rout are waning after signs the US central bank might postpone its rate hike scheduled for September. Share markets in the US, Asia and Europe recovered on the prospect.

European Union

Europe - A patient in need of intensive care

After years of crisis, the EU is well aware of the flaws in the eurozone and European foreign policy. But it’s lacking the strength to fix them, writes guest contributor Martin Winter.