Business - Page 5

Botswana’s President Mokgweetsi Masisi was quick to view and pose with the vast gemstone. Diamonds are a key export for the country, although the company that unearthed the diamond is based in

Amid slow economic growth figures, German companies have seen the first month-on-month rise in orders this year. But second-quarter figures overall were still down. German manufacturers received some good news on Tuesday, with

July has seen an unexpected jump in unemployment in Germany, with over 2 million people left jobless. The German social welfare system braces itself for spending more on welfare support than planned.

New data shows that Germany’s economic output fell by 0.1% compared to the first quarter. The news dampens prospects of a recovery in Europe’s largest economy. Germany’s economy unexpectedly shrank in the

The Halle-Vilvoorde public prosecutor’s office and federal judicial police have uncovered a large-scale money laundering network. During 13 house searches in Halle-Vilvoorde, Brussels, Mons, Walloon Brabant and Charleroi, eight people were arrested.

German authorities have granted Elon Musk’s Tesla permission to expand its Gigafactory just outside Berlin. The original plans sparked resistance from locals worried about the environmental impacts. US electric vehicle giant Tesla

The fifth consecutive decline in factory orders and a fall in demand from abroad point to “subdued” industrial activity in the coming months. The Federal German statistics office, Destatis, said Thursday that factory orders

The European Commission has said it is imposing provisional duties on Chinese electric cars to counteract what it called unfair subsidies received by Chinese EV makers. The European Commission on Wednesday announced it

New yen bills use 3-D holographic technology to curb counterfeiting, which Japan’s money printing agency called a world-first. Cashless payment has been slow to catch on in Japan. Japan issued its first new

Boeing is set to take subcontractor Spirit back into its fold, stepping away from its longtime strategy of outsourcing key parts of its passenger airplanes. Aircraft manufacturer giant Boeing has announced plans