Marketplace®

Daily business news and economic stories
  • Albania is one of the poorest countries in Europe, and for years, many of its citizens have fled to Greece to look for work. But as Greece faces one of the world's worst fiscal crises, Albanian workers are looking to move again.

  • China is deeply invested in Europe, not only with trade partnerships, but also in European real estate. And with all that investment, a Greek default could have major implications for China.

  • Both Boeing and Airbus have announced that their long-held dominance of the airplane market is over, as new manufacturers see an increase in orders.

  • Internet minders voted today to allow an onslaught of new domain names on themes as varied as company brands, entertainment and political causes.

  • Prada is expected to announce the final pricing for its initial public offering later this week in Hong Kong. But a faltering IPO in Hong Kong for Samsonite is raising questions on the wisdom of setting up shop in the city.

  • According to Tanzania's opposition party, 13 percent of the country's budget is spent on stipends for members of parliament. Now, many politicians are moving to give up their stipends to help their constituents.

  • According to new data from the site Inside Facebook, the number of people using the social media site during May fell in the U.S., U.K., Canada, Norway and Russia.

  • German health authorities have confirmed that sprouts from an organic farm in Germany are the source of the E. coli outbreak that has killed 31 people.

  • Telecommunication companies across the globe are preparing to role out plans to allow payments by mobile phones. But the technology already insists in Uganda — where limited access to traditional banking has paved the way for mobile monetary transactions.

  • Three months after the big earthquake and tsunami, one of the big problems the country faces is what to do with all the debris. In the quake-stricken zone, there is 100 years worth of garbage to clean up.