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New German Finance Minister Might End Euro-Austerity

Olaf Scholz’s spending policies and his Social Democratic Party'scriticism of Angela Merkel's ‘forced austerity’could lead to higher spending, a reduction of Germany’s historical surplus and the risk of inflation.

Economics, Policy & Regulation

Restructuring Pro Takes Over At Toshiba

Nobuaki Kurumatani, a former banker experienced in restructuring distressed companies,will be the first outsider to run the electronics giant in more than 50 years.

News

Markets Cheer Change in Pretoria

The rand and South African stocks rallied on the news of Zuma's removal as the republic's president, but challenges remain for his successor.

Emerging & Frontier Markets

Conference Board Sees Good Momentum

Bart van Ark, chief economist at The Conference Board, visited Global Finance to discuss the state of the global economy and the outlook for 2018 and beyond.

News

EU Gives Consumers New Data Controls

On May 25 this year, the adoption of Europe’s new General Data Protection Regulation (GDPR) is set to become a watershed moment in privacy history: EU citizens gain new rights to view, limit and delete data that businesses from around ...

News

Reining In Big Tech

The dominance of media-technology platforms that control information has roused regulators around the world. New laws are coming into effect, with more on the way.

Economics, Policy & Regulation

Cryptocurrencies Face Bans, More Regulations

Countries like Algeria, Morocco, Bolivia, Ecuador, Kyrgyzstan, Nepal and Bangladesh have all issued bans—or at least begun the process—on bitcoin and other alternative currencies, in order to stamp out tax evasion and irresponsible trading.

Economics, Policy & Regulation

Worst-Case Brexit Could Cost UK $65 Billion

According to a Cambridge Econometrics report a “hard Brexit,” in which the country would leave both the EU customs union and the single market, could cost the UK almost half a million jobs and about $64.7 billion in investment by 2030.

News

Argentina Railway Revives With Upsurge In New Investments

Just two of several programsover the past two years haveattracted $45 million from local and foreign private inerests and created at least 8,000 jobs.

News

Berkshire Hathaway Names Buffett’s Successors

Longtime senior executives Greg Abel and Ajit Jain were promoted to vice chairman on January 10 and joined Berkshire’s board of directors. The announcement might suggest that Abel and Jain, alone or together, might lead the company in the near future.

News

Protestors Demand Change In Iran’s Economic Priorities

The situation came to a head late last year when the Iran government proposed an austere budget for 2018. Subsidies on basic goods and services for the poor were subject to proposed cuts, as fuel prices were set to rise by as much as 50%.

News

Ferrero Buys Nestle’s US Candy Business

With the Nestle acquisition, Ferrero has now become the third-largest confectionary company in the United States.