Børge Brende, 56, has headed the World Economic Forum, headquartered in Geneva, since 2017. The former foreign minister of Norway has very good international contacts. This week, for the first time in two years, the annual meeting of the international World Economic Forum will take
Tag: business
World Economic Forum calls for Marshall Plan for Ukraine – Economy
Børge Brende is President of the World Economic Forum. He explains why the event has to take place in these times and wants to organize an international aid campaign for Ukraine.
Interviewed by
Caspar Buses
… Read more
Top Management: Firms Ignoring Women Are Harming Themselves – Economy
You emphasize the value of the family, but in the large German family businesses, it is above all men who rule. That has to change, not only, but also for economic reasons.
comment by
Elizabeth Dostert
It will take 58 years until there is parity in the 100 largest German family businesses, i.e. there are as many women as men on the executive boards and management boards. At least if they keep up the pace of the past two years.
Reader Discussion: Your take on inflation
The war in Ukraine also gave a strong boost to inflation in Germany. But the effects can also be positive – for example for competitiveness, writes SZ author Bastian Brinkmann.
Baby food: US company Abbott apologizes – economy
The largest US infant formula maker, Abbott, has expressed regret at the dramatic shortages following the shutdown of one of its factories. “We’re sorry for every family we’ve let down since our voluntary recall exacerbated our country’s baby food shortages,” Abbott CEO Robert Ford wrote in a commentary published Saturday Washington Post. Nevertheless, one believes that the recall was correct. “We will not take any chances when it comes to children’s health.”
Ford announced measures to overcome the bottlenecks.
Travel: This is how vacationers recognize fake ratings – Economy
Of
Sonja Salzburger
Anyone who books a trip online usually invests a lot of time. According to studies, it takes an average of eight hours to search for and compare offers, browse through travel blogs and, of course, read lots of reviews from other holidaymakers – a whole working day. It’s all the more annoying when the supposedly “light-flooded, modern hotel room” turns out to be dark and old in reality, the food advertised as “delicious and varied” doesn’t taste
Shares – Dax is recovering – economy
With its measures to support the economy, the Chinese central bank caused more optimism on Europe’s stock markets at the end of the week. However, price losses on Wall Street slowed the recovery, so that the dax failed to maintain its initial gains of 2 percent. The leading German index ended the trading session with a price premium of 0.7 percent to 13,982 points. China lowers a key long-term borrowing rate benchmark. The authorities are trying to boost the housing
Hartz IV sanctions: “What kind of senseless law is that?” – Economy
Of
Alexander Hagelüken, Helena Ott and Paulina Würminghausen
Tanja Röder still has a lot to swallow when she remembers. That was in 2016 when she was sanctioned. She was afraid of the job center from the start, explains the 52-year-old: “This huge gap when someone has absolute power over you.” The contact with the authority, which is supposed to help the unemployed, ended traumatically for her, at least that’s how she describes it. She ended up on the street.
Tesla – Musk denies allegations of harassment – Economy
The Tesla boss describes reports that he is said to have sexually harassed a flight attendant on a private jet as “absolutely untrue”. He suspects attacks to prevent his Twitter deal. However, money is said to have flowed.
Tesla boss Elon Musk has denied allegations of sexual harassment as “completely untrue”. The news portal Business Insider had reported the billionaire sexually harassed a flight attendant on a private jet in 2016. In 2018, Musk’s space company Space-X paid $250,000 to
Commodities and foreign exchange – oil prices rise moderately – economy
At the end of the week, oil prices only rose moderately. A barrel of North Sea Brent cost $113.10, 0.9 percent more than the previous evening, the price of the US variety West Texas Intermediate (WTI) advanced by 0.4 percent to $112.70. Market observers spoke of a breather after oil prices had risen significantly on Thursday evening with a general improvement in the mood on the financial markets. Oil prices had fluctuated significantly over the course of the week.
At
Inflation: The Dirty Side of Inflation – Economics
essay by
Bastian Brinkman
Inflation works best in the dark. Secretly when no one is looking. She sneaks up and whispers in your ear, which now costs more. Your work doesn’t attract attention in normal times, most people don’t notice it. Nevertheless, it shifts billions, redistributes economic power. This mechanism is a little-known secret of the success of the market economy.
Deutsche Bank: criticism of the new head of the supervisory board
Hardly there, there was already criticism of the new chairman of the supervisory board of Deutsche Bank. A shareholder representative at the Annual General Meeting criticized that he had too many offices. Meanwhile, his predecessor was being celebrated by his companions.
There have been better times for a first public appearance. But because Deutsche Bank also preferred to hold a digital general meeting this year with reference to the pandemic, Alexander Wynaendts, the new head of the Supervisory Board of
Guide : Getting into the classical music business
counselor
Getting into the classic business
Mercedes 190 W201
© press-inform – the press office
Anyone who has not yet developed a taste for a classic car should start slowly. Preferably with a future classic that is not yet in demand, is fun and can be repaired with manageable effort. How about a Mercedes 190? As an exception, the bookkeeper equipment is even possible.
What magnificent specimens did not exist from the Mercedes 190? DTM fans get sweaty hands faster
Shares – fears of recession weigh on Dax – economy
Fears of a significant economic slump on both sides of the Atlantic are growing on the European stock markets. Investors fear that rising interest rates in the US and the war in Ukraine could hit the global economy hard. Of the dax slipped back below the 14,000 point mark on Thursday. At its peak, the leading index lost 2.3 percent. At the end of trading, it was still 0.9 percent lower at 13,882 points. The US stock markets had already
Getting into the classical music business STERN.de
Getting into the classic business
Anyone who has not yet developed a taste for a classic car should start slowly. Preferably with a future classic that is not yet in demand, is fun and can be repaired with manageable effort. How about a Mercedes 190? As an exception, the bookkeeper equipment is even possible.
Mercedes 190 W201
Mercedes 190 W201
Foreign exchange and commodities – Euro and Swiss franc increase – economy
Speculations about an impending turnaround in interest rates in the euro area supported the euro on Thursday. The common currency gained one percent to $ 1.0580. Last Friday, it fell to its lowest level in more than five years at $1.0348. “Leading representatives of the European Central Bank (ECB) speak up almost every day to signal to the markets that they are ready to act in the face of high inflation,” commented analysts at LBBW. Many joined the now quite
Wu-Tang Clan: “Who the hell am I ever going to sell this stuff to?” – Business
The “Wu-Tang Clan” was an unknown bunch of rappers with many criminal records when Eva Ries from Mannheim became their manager. A conversation about five-digit phone bills, conspiracy theories and big business.
Interviewed by
Jakob Biazza and Kathrin Werner
Eva Ries from Mannheim became manager of the Wu Tang Clan, one of the most successful hip-hop bands in history. In the beginning, the German and the New York men, many of whom had already served prison sentences, were a
How the Pandemic and the Ukraine War Changed Shopping – Economy
It’s worth taking a closer look at the “spaghetti monster”. This is what the online trade association BEVH calls the graphic that it has created for 2015 to date. It shows that the pandemic and the Ukraine war have changed German consumer behavior more than any other external influence in previous years. You can see how consumers suddenly demand a lot of certain goods online and then completely change their mind. Especially since the outbreak of the corona pandemic, things
Negotiations between Verdi and dbb: what daycare workers are getting now – economy
Municipal daycare workers and other employees in social professions can look forward to more money and free time. In the collective bargaining dispute between the municipal social and educational services, an agreement was reached late Wednesday evening: the Verdi union and the civil servants’ association dbb agreed with the municipal employers on additional days off and monthly allowances for the approximately 330,000 employees.
With the breakthrough, further warning strikes in the municipal public social and educational services were averted for
VW wants to sell electric car kit to India
In the future, the Volkswagen Group also wants to supply its drive and battery platforms for electric cars to a manufacturer in the large Indian market. With this plan, one of the next steps is taken to further open up the internal production of components and entire systems for e-mobility to external customers, said Thomas Schmall, Board Member for Technology and Components. The aim is to conclude a “binding contract” with the Indian carmaker Mahindra by the end of this
Davos 2022: Without snow and without Russia – economy
Of
Isabel Pfaff, Berne
More than 20 degrees, sun, hardly any clouds. The weather promises to be great in Davos on Sunday, and while that may not come as a surprise given the time of year, weather conditions like this are a first for the opening day of the World Economic Forum (WEF). Actually, winter coats, thick boots with tread and long underpants are part of the world-famous meeting at a good 1500 meters, which was last attended by around