Sectors
Mexican government hikes dollar auction by almost 4 folds; holds rates
The continuous fall of peso currency is giving jitters to the Mexican economy. The second largest economy in Latin America is making all the possible efforts to prevent the arrest of its falling peso. It increased dollar auction level by almost four times to support the weakening peso.
Falling world oil prices result in job cuts
Collapsing oil prices are prompting energy firms to lay off workers. Royal Dutch Shell and Centrica -- two of Britain's leading energy firms -- are cutting more than 12,000 jobs this year.
BMW CEO hints there is space for more electric models
The chief executive of BMW hinted in a German paper that there was potential for another of its "i" electric car models.
Germans fret over Europe's future but still believe
The battle for Europe will be won or lost in Germany. On some days recently, it has looked like it might be lost. But that is to underestimate the deep German commitment to the success of European integration based on the rule of law.