Category: Finance
WeWork: Once the most valuable start-up is bankrupt – economy
The office space provider WeWork, which was once one of the most valuable start-ups, has filed for bankruptcy. The company wants to reposition itself and, among other things, reduce its…
Cancellations in residential construction at an all-time high – economy
The wave of cancellations in German housing construction reached a new high in October. 22.2 percent of companies complained about canceled projects – a record high, as the Munich Ifo…
How drivers can save with telematics tariffs – Economy
The car insurers have announced massive price increases, and drivers are currently receiving letters with the new prices. But there are some ways to save. For example, simply calling the…
Collective bargaining evasion: Employees without a collective agreement earn 3,000 euros less
Significantly fewer companies are now paying union-negotiated wages – with drastic consequences. The DGB is now starting a campaign. source site
Biontech: Sales of corona vaccines are collapsing – economy
Like other manufacturers, the biotechnology company Biontech is struggling with falling sales of Covid-19 vaccines. The Mainz-based company has now lowered its forecast for revenue from Covid-19 preparations. Unlike its…
Siemens loses damages lawsuit – economy
Siemens is not entitled to compensation after its defeat in the struggle for a high-speed train project in Great Britain. The London High Court dismissed a lawsuit brought by Siemens’…
How to finance the purchase of a house now – Economy
Many citizens are worried that they will no longer be able to afford their own four walls. Building interest rates have quadrupled in the past few months. The four percent…
SZ series "Notary appointment": "I saw the beautiful wooden floors and the huge garden and thought: Wow."
A detached single-family home with a park-like garden for less than 300,000 euros? That still exists. Theresa, 33, got hold of it with almost no equity. source site
Galeria Benko: Power struggle for Benko’s company – economy
The Signa founder is reeling, but he doesn’t want to go. Some are pushing him, others are hoping for a good deal. About a humiliating spectacle. One crisis discussion is…
Why Telecom Italia wants to sell its fixed-line division – Economy
“Pronto” – when Italians answer the phone, almost 90 percent of the time they do so via a network: that of Telecom Italia (TI), the former monopolist. But things are…