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Ukrainian heavy industry ground down by Russia's war
Ukrainian heavy industry ground down by Russia's war
by  AFP

Usually the engine-room of the Ukrainian economy, heavy industry has fallen victim to Russia's invasion, with output ground down under the pressure of the war. The importance of heavy industry for the economy explains why Russia pounds it, according to Anatoly Kovaliov, rector of the Odessa National University of Economics.

Porsche, luxury carmaker with storied history
Porsche, luxury carmaker with storied history
by  AFP

Germany luxury carmaker Porsche is gunning for a blockbuster IPO on the Frankfurt Stock Exchange this week. At the Porsche museum in Zuffenhausen, southern Germany, a kind of old stage coach described as the first Porsche in history is on display.

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