Germany's environment minister says the country will likely miss its target of cutting carbon emissions by 2020, an embarrassment for a government that wants to lead the charge on limiting climate change.
US conglomerate General Electric will have to pay millions of euros in penalties in France if it fails to uphold its pledge to create 1,000 new jobs by year end, a government official said Sunday.
When Chinese President Xi Jinping took office in 2012, he launched the most extensive anti-corruption drive since Maoist rule in China.
The German government acknowledged Wednesday that it will miss a 2020 target for reducing carbon dioxide emissions, but vowed to catch up "as quickly as possible".
Germany ordered Monday the recall of some 774,000 vehicles from Mercedes-Benz maker Daimler across Europe, citing illegal "defeat devices" designed to conceal high levels of harmful emissions from regulators' tests.
Dozens of French farmers blocked access to 13 refineries across the country on Monday to protest plans to import palm oil for use in biofuels, a move they denounce as unfair competition which jeopardises their livelihood.
Traditional retail is in the centre of a storm – and British department store chain House of Fraser is the latest to succumb to the tempest. The company plans to close 31 of its 59 shops – including its flagship store ...
It's no secret the U.S. newspaper industry is in decline. Nationwide, circulation is down by some 40 percent in the last two decades, and this year alone, multiple prominent newsrooms, including those at the Denver Post and ...
Air India has announced it is seeking an urgent multi-million-dollar loan to maintain day-to-day operations, highlighting the wretched financial predicament of the country's debt-stricken national carrier.
While most countries around the world rely on debt to finance their government and economy, keeping this debt under control is a financial imperative. Large government debt negatively impacts long-term economic growth. Increase ...