Economy

Investigators have raided offices and homes of former and current managers at German carmaker Porsche. Prosecutors said the searches were carried out on suspicion of diesel emissions fraud. Prosecutors in Stuttgart said on Tuesday they were...

The gap between the rich and the poor has been widening in most countries. Economists are analyzing the potential consequences, among them pundits at the IMF which is holding its spring meeting in Washington this week....

Presidents and prime ministers from Bulgaria, Croatia, Montenegro and Serbia are visiting the Bosnian town of Mostar for the 21st International Economy Fair, aiming to boost regional business cooperation. The 21st International Economy Fair in Mostar,...

Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro and Serbia added 190,000 jobs last year but economic growth declined, says the World Bank’s latest report on the Western Balkans. Average GDP growth in Albania, Bosnia and Herzegovina, Kosovo,...

Deutsche Bank (DB) is expected to oust British CEO John Cryan and replace him with the German head of the private and commercial banking division. Germany’s biggest lender has experienced three years of losses. The German...

The UK’s biggest mobile operators have smashed expectations by spending almost £1.4bn in the race to secure spectrum to launch next-generation 5G services. BT-owned EE, Vodafone, O2 and Three have paid close to double what many City...

Sir Martin Sorrell’s iron grip as chief executive of WPP is under threat after the advertising group hired a law firm to investigate an allegation of personal misconduct. Sorrell is one of Britain’s best-known and most highly paid...

China has raised the stakes in the escalating trade showdown with the US, unveiling tariffs on a targeted list of American imports in response to levies on more than 1,300 Chinese goods put forward by Donald Trump....

Prime Minister Edi Rama faces calls for resignation while opposition urges civil disobedience after a protest against the imposition of a toll on the highway to Kosovo ended in violence and arrests. Albania’s Socialist government faces...

Romania remains a centre for cybercrime in Eastern Europe, despite the best efforts of the police to crack these networks.* Several cyber-crime cases dismantled by Romanian police in cooperation with international law enforcement show that the...