Markus Braun's departure came a day after the German fintech firm disclosed it was missing $2 billion in cash.
Even export powerhouses Germany and Japan saw steep decreases in factory output last month as the coronavirus upended supply chains and crushed demand.
While “all advanced economies are facing a growth challenge, the euro area has been slower to embrace innovation," Christine Lagarde says.
The country is feeling the effects of trade conflicts and global uncertainty.
German officials say Facebook presented a "distorted picture" of the extent of illegal content, including hate speech, on its platform.
Germany's largest initial public offering in 16 years will raise 2 billion euros for Innogy, the renewable energy business of utility RWE.
More than 80% of the layoffs will be in Deutsche Bank's private and commercial clients division.
Germany’s competition watchdog is investigating whether Facebook adequately discloses to customers the type and extent of the data it collects.
Some members of the European Union want a firmer commitment to austerity, but the new Greek government faces a backlash from voters if it softens too much.
At the same time, places like China and India pose significant business risks, says EY.
As the region gets ready to feel the impact of sanctions on Russia, its two largest economies report dismal growth numbers.
Aligning accounts and tracking foreign accounting standards can become unruly. Here's how to approach it.
