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German corporate tidings

BASF

Plant of German chemical maker BASF

BASF's mixed report

The world's biggest chemical producer suffers from China growth slowdown.

SAP

SAP logo at the software giant's headquarters in Walldorf, Germany

SAP's booming revenues

Software giant SAP posts decent third-quarter revenues and raises 2012 forcecast.

Daimler

A DaimlerChrysler employee is polishing the hood of a new Mercedes Benz CLS car

Daimler lowers forecasts

German luxury carmaker Daimler looks unable to meet earlier profit targets.

E.on

E.on drops nuke project

In efforts to realign its portfolio, German energy giant E.on shutters another nuclear project.

Have you heard yet?

Tax evasion

Greece fights eternal battle against tax evasion

A euro coin Photo: Hannibal/dpa +++(c) dpa - Bildfunk+++

Greece is struggling to combat tax evasion and corruption. Last summer, the tax debts reached a record level of 45 billion euros. But so far, the state has recovered just 19 million euros of this debt.

Monetary Policy

Germany to check gold reserves stored abroad

gold bars (Foto:Newmont Mining, File /AP/dapd)

Much of Germany's gold reserves are stored abroad, in vaults in the US, Britain and France. No one has actually seen the gold bars for a long time - which has prompted German federal auditors to call for a look.

Germany electrified by renewables

Bluefields Bay (Photo: Nick Davis)

A new Jamaica tourism model

Jamaicans bet on fresh food and protected fish to keep more tourist dollars.
More videos

Biz Videos

Microsoft hopes for Windows8 boost, Wall Street shuns Obama ...

Exclusive Story

Chile economy booms

Raw materials' wealth fills state coffers, brings stability

The globalization magazine

Focus on the risks and opportunities shaping our global world.

Biological Diversity - The Primeval Forest of Białowieza

Deadly Mosquitoes - Kenya's Battle Against Malaria

Concrete to Combat Illegal Fishing - Protecting the Sea Italian Style

Global Snack - Vitamin C from Colombia

Bitter Pill - The Pharmaceutical Industry vs. Global Health Care

The Worldwide Living Room: a Visit to Jim Lowry in Dublin, Ireland

The Business Magazine

An inside view of the global economy with weekly business reports from the heart of Europe.

Offshore Wind Farm - Emden's Dream of Producing Green Energy Could Be Dashed

A Family Business That Thinks Globally -- Auto Supplier Eberspächer

Successful Despite the Crisis? What's the State of Germany's Machine Manufacturers

Innovestment - Crowd Funding for Start-ups

Innovations from the Tango Factory - Huber's Unique Corporate Culture

World Champion: Washtec

Business in brief

Business news, analysis, background

A picturesque view of the world

  • Maize

    Crops offer vital food source

    Maize

    Maize, also known as corn, is a staple in both Western and Eastern societies. Record droughts in the US, Russia and Australia have led to a dramatic decrease in crop yield, raising worldwide prices.

  • Rice

    Crops offer vital food source

    Rice

    Though primarily grown in East Asia, rice is used in a number of dishes around the world. In addition, rice husks are increasingly being sold to be used as a means of energy. Husk ash is being sold to companies in Europe, who use it for everything from computer chips to engine molds. Here, a farmer pulls rice husks in a field in Patumthani Provice, Thailand.

  • Wheat

    Crops offer vital food source

    Wheat

    Name the food, and chances are wheat is an ingredient. From bread to pasta and cereal, wheat is an integral part of diets from Alaska to Australia. Originally from the Middle East, world production of wheat in 2010 was 651 million tons, making it the third most-produced grain after maize (844 million tons) and rice (672 million tons).

  • Potato

    Crops offer vital food source

    Potato

    Potatoes are a staple in many diets. Here in Belarus, farmers collect and divide their potato crop in a field near the village of Volchkovichi, some 130 kilometers (80 miles) west of Minsk. According to the UN Food and Agricultural Organization (FAO), the average person eats 33 kilograms (73 pounds) of potato per year.

  • Cassava

    Crops offer vital food source

    Cassava

    The importance of cassava in Africa and South America is difficult to overstate. A drought-resistant crop that does well in poor soils, cassava is a starch-heavy lifesaver for low-income areas. According to the UN, worldwide production of cassava in 2008 exceeded 232 million tons.

  • Soybeans

    Crops offer vital food source

    Soybeans

    Soybeans double as both food for humans and a natural fertilizer for soil. Here, farmer Scott Keach, looks at a drought-damaged soybean plant in a field in Henderson, Kentucky. The worst US drought in more than half a century battered soybean crops, causing domestic stockpiles to shrivel to near bare-bone levels. As a result, prices skyrocketed.

  • Sorghum

    Crops offer vital food source

    Sorghum

    Though not as well-known as wheat or soybeans, sorghum is nonetheless an important crop in many parts of the world. Grown in warmer climates, it is native to tropical and subtropical regions of all continents. Here in Nyala, Sudan, a local farmer harvests sorghum produced from seeds donated by the UNs FAO through the 'Improving Seeds' project.


    Author: Benjamin Mack | Editor : Jessie Wingard