Page Updated: Thursday, May 28, 2020 5:04 PM ET

Deutsche Welle - Business

Polish auto sector driven to despair -- The Polish automotive sector has been the worst-hit domestic sector in the coronavirus pandemic. Given that exports drive manufacturing, it's hardly surprising.

9 hours ago

Low solar prices: Bright future for renewables? -- Solar energy has fallen in cost faster than experts predicted. How did electricity from photovoltaic panels get so cheap?

10 hours ago

Boeing to cut 12,000 jobs in the US -- Boeing plans to let go of 10% of its total workforce. The company expects to start deliveries of its 737 MAX jetliner by October.

49 minutes ago

Who is Elon Musk, and what made him big? -- How did an awkward, nerdy boy from South Africa become a world-famous American engineering entrepreneur? Elon Musk's story is a lesson in how a few simple principles, applied relentlessly, can yield amazing results.

1 day ago

Young people hit hardest by unemployment -- The director-general of the International Labour Organization, Guy Ryder, tells DW that the coronavirus-caused lockdowns are dealing a severe blow to younger people in particular.

1 day ago

Mexico's own strategy to fight crisis fallout -- More than a million jobs are likely lost during the coronavirus crisis in Mexico, with the important auto industry expected to take the worst hit. But Mexico's leftist president is optimistic he can cushion the blow.

1 day ago

Iranian oil tankers come to Venezuela's rescue -- Two of five Iranian fuel tankers have arrived in Venezuela, a show of defiance by two states sanctioned by the US. An acute shortage of petrol is forcing Venezuelans to line up for days at gas stations or walk to work.

1 day ago

Where the state wants control over airlines -- Following the devastating impact of the coronavirus crisis on aviation, Germany's Lufthansa can now expect a financial lifeline from the government. Critics have slammed it, but state financing for carriers is not rare.

1 day ago

Coronavirus pushes Latam into bankruptcy -- Latin America's largest airline is the latest carrier to fall prey to the virus that has massively disrupted air travel. Latam Air counts US airline Delta Air Lines and Qatar Airways among its prominent shareholders.

2 days ago

Dropping globalization easier said than done -- Globalized supply chains have accelerated growth over the past decades but are proving fragile in the current pandemic. As companies assess the new risks emerging from globalization, safe supply is moving center stage.

2 days ago

Your EV parked on the bottom of the ocean? -- Billions of tons of valuable polymetallic nodules are dozing on the Pacific Ocean floor southeast of Hawaii, a key potential source of materials for making EV batteries. We know how to harvest them. What's stopping us?

35 minutes ago

Huawei CFO loses extradition battle -- China slammed Canada over the ruling which bring Huawei CFO Meng Wanzhou closer to facing charges in the US.

14 hours ago

EU unveils huge recovery plan -- 27.05.2020 -- The European Commission has unveiled a €750-billion aid package to help the EU recover from the coronavirus pandemic.

9 hours ago

Germany poised for big economic recovery -- The German economy is expected to shrink by more than 6% this year. But a new study found the country could be in for a big economic recovery next year.

12 hours ago

Crisis will be paid for by EU's next generation - The EU wants to stimulate its coronavirus-hit economy with joint borrowing. The funding model proposed is a very audacious one, comments Bernd Riegert. And, once again, it's our children who will have to pay the debt.

14 hours ago

A new beginning for Berlin tourism? -- For weeks Berlin was out of bounds to tourists. On May 15, restaurants began to reopen under certain conditions, and now also hotels. We took a look around the Kurfürstendamm, Berlin's famous promenade and shopping area.

14 hours ago

Indian farmers cut out middlemen -- India's corona lockdown has hit supply chains and seen vegetables left to rot in fields. But grassroots initiatives to connect farmers directly to consumers are helping cut waste and boost income.

1 day ago

Closed borders hit German shops -- In Süderlügum, Germany, the Danish customer is king. Thousands of shoppers normally arrive on buses to take advantage of the lower sales tax in Germany. But now, since the border closed, so have many of the shops.

3 days ago

Romanian farmworkers stuck in Germany -- Several harvest hands from Romania could be left stranded in Germany after the farm they were working for went bankrupt. They have not been paid, speak limited German — and are scared of not being able to go home.

6 days ago

Lockdowns keep bees at home -- Restrictions limiting the movement of pollinators could hurt crops, adding pressure to a food system already reeling from conflict, climate change and the coronavirus pandemic.

7 days ago

Court finds firms liable in fipronil scandal -- Two disinfection firms in the Netherlands have been found liable for a 2017 food scandal that swept across Europe. Eggs were contaminated with the insecticide fipronil, which saw millions of chickens slaughtered.

7 days ago

Coronavirus: The consequences for tourism -- The COVID-19 epidemic poses a threat to the everyday life of people worldwide. Travelers are particularly affected, as are people working in tourism. Here are the latest developments.

15 days ago

North Sea fishermen are hurting -- Fisherman on Germany's North Sea are painting their boats instead of catching fish. They've seen better times.

12 hours ago

Nissan plans to shutter Barcelona plant -- Japanese carmaker Nissan announced its first annual loss in a more than a decade.

1 hour ago

Australian stage builders now making desks and wineracks -- As more and more people are forced to work from home, one company is looking to make tools for this new lifestyle.

1 hour ago

Cava makers under pressure in Spain -- Cava makers in Spain are laying off workers as the pandemic dampens demand.

1 hour ago

Iranians slow to return to restaurants -- Iran is starting to ease some coronavirus-related restrictions on restaurants, but a feeling of unease remains.

1 day ago

Youth unemployment a severe challenge -- As the pandemic hits economies around the world, younger workers are most at risk of losing their jobs.

1 day ago

MADE: DW Business Show -- In-depth business stories

9 months ago

Globalization Magazine -- Reports from around the globe

9 months ago

African megacities adapt to a climate crisis - 06.12.2019

5 months ago

DW Business – international - Youth Unemployment Surges – EU Recovery Fund – Mayor in Action

23 hours ago

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9 months ago

Israel thwarted attack on water systems: cyber chief -- Israel's cyber chief has said the country prevented a major cyber attack on its water systems last month. He said it was the first attempt to use cyber technology to disrupt real life.

10 hours ago

The 77Percent: COVID-19 disrupts education in Africa -- Over a billion students around the world have been forced out of classes by theCovid19 pandemic. Many are turning to online classes to continue learning. But this comes with challenges, especially in Africa due to its poor internet connectivity and accessibility. That forms our #77percent discussion this week with DW's Miriam Kaliza in Malawi. Enjoy the show!

8 days ago

Germany's virus-tracing app: A never-ending story? -- The infection-tracing app should have been available weeks ago, but is still held up by disputes over technology, data protection and responsibilities. Now tech giants SAP and Deutsche Telekom have been brought on board.

9 days ago

South Korean FM on the coronavirus: 'We have to live with this risk' -- In an exclusive interview with DW's Conflict Zone, Kang Kyung-wha discussed her country's much-lauded handling of the COVID-19 pandemic. But has its technology-led response come at the expense of privacy?

15 days ago

EU Commission planning 'green' auto industry rescue: report -- A draft proposal seen by German media suggests the EU is planning on pumping billions into its shattered auto industry. However, the aid would be contingent on promoting "cleaner cars."

8 days ago

EU car sales sink to record-low levels -- EU automotive sales plummeted 76% in April. In Spain and Italy, that number was closer to 97%. German carmakers have been calling on the state to offer large financial incentives for car buyers.

9 days ago

ECB: Coronavirus downturn could put strain on eurozone -- The European Central Bank said mounting public debt, as countries dole out coronavirus assistance, could put further strain on the eurozone's more indebted members. The twin threats of rising debt and falling GDP loom.

1 day ago

Coronavirus: France, Germany propose €500 billion recovery fund -- EU leaders have sparred for weeks over how to best help the eurozone recover from the impact of the coronavirus pandemic. This proposal between Paris and Berlin could signal a way forward.

10 days ago

Coronavirus: EU faces 'recession of historic proportions' -- EU officials have forecast "the deepest economic recession" in the bloc's history as a result of the coronavirus. Failure to agree on common solutions for the post-pandemic recovery could undermine the European project.

22 days ago

Eurozone finance ministers agree on coronavirus rescue plan -- How to cope with the economic impact of the coronavirus? Eurozone finance ministers have agreed on a plan that is worth over half a trillion euros.

1 month ago