Category: Finance
Galeria Karstadt Kaufhof: The secret insolvency plan of the Benko subsidiary
At Galeria Karstadt Kaufhof, creditors must once again forgo hundreds of millions of euros. The insolvency plan reveals details of how the group will continue. This article is available for…
Working time debate: Why the four-day week is not a good idea
The shortage of workers is felt everywhere, while at the same time unions are fighting for a shorter working week. This is the wrong way to deal with the challenges…
Argentina and El Salvador hold conference on Bitcoin adoption and regulation.
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Mobile phone providers are expanding their networks for EM – Economy
Before the European Football Championship in Germany, Deutsche Telekom, Vodafone and Telefonica O2 are significantly expanding their mobile networks. From June 14, millions of fans are expected in stadiums and…
Refinery in Schwedt: No state money yet – Economy
Uncertainties about the future of the PCK oil refinery are worrying Schwedt’s mayor Annekathrin Hoppe (SPD). She told the German Press Agency that the unresolved ownership issue at the PCK…
Diversity please only if it doesn’t hurt – Economy
Regardless of disability, skin color, religion or ADHD: German companies perform pretty poorly when it comes to diversity. Even a “German Diversity Day” doesn’t help much. Diversity is one of…
“Innovation Club”: How these digital ministers want to change Europe – Economy
“This is Berlin calling,” a spokesman for the Digital Ministry shouted on Monday, and lo and behold: Tallinn, Riga and Vilnius have responded. Federal Digital Minister Volker Wissing (FDP) has,…
Research spending: These are the most innovative German companies
DAX companies are catching up in research and development, especially in the tech and automotive industries. The winner of the innovation ranking is Infineon. A German veteran comes in at…
How the Ruhr area can emerge from the crisis – Economy
For 35 years, companies in the “Initiative Ruhr” have been supporting the crisis-hit region. The heads of the association explain where the Ruhr region should develop and how the Olympic…
Schlecker family must repay millions – Economy
More than twelve years after insolvency proceedings began, those responsible for the former Schlecker drugstore chain must repay a loan of 1.35 million euros. The Zwickau-based company Meniar illegally paid…