Addressing the problem of zombie firms at the international level

The term "zombie firm" was coined in the late 1980s in the context of "zombie banks." In fiction, the word zombie itself usually refers to a monstrous creature that is animated and yet dead. In the context of finance, however, ...

Germany fines Bosch over 'dieselgate' role

German prosecutors said Thursday they had fined car parts supplier Bosch 90 million euros ($100 million) over its role supplying components in the "dieselgate" emissions cheating scandal.

Ethiopian clothes makers worst paid in the world: study

Ethiopia's clothes factory workers, producing items for top fashion brands including Guess, H&M and Calvin Klein, are the worst paid in the world, earning only $26 (23 euros) a month, a report said Tuesday.

China eases controls on rare earths after WTO complaint

China has scrapped its export quotas for rare earths, minerals used in mobile phones and other high-tech products, after losing a World Trade Organization case brought by Washington and other trading partners over controls ...