Tag: economy
Galeria Karstadt Kaufhof: The branches are closing in these cities – economy
At the press conference in Essen in mid-April, people joked about whether Mannheim would also be on the “closure list” of Galeria Karstadt Kaufhof. Because one of the new designated…
Moody’s and Fitch leave France’s sovereign rating unchanged
Phew! The rating agency Moody’s maintained France’s sovereign rating on Friday at the “Aa2” level with a stable outlook, judging the risk of default to be very low despite the…
Thyssenkrupp: Czech billionaire enters steel business – Economy
The Czech company collector is now also betting on German steel: Daniel Křetínský, one of the richest Europeans, is buying into Thyssenkrupp’s struggling steel subsidiary with his holding company EP…
More than three years in prison for insider trading – Economy
Andreas T. was visibly tense shortly before the verdict was announced at the Frankfurt regional court, and appeared close to tears several times. Probably not without reason: the Frankfurt public…
Scholz against the economy: Please listen instead of dismissive – economy
Companies and associations in Germany complain about miserable government policies. Olaf Scholz simply lets the criticism drain away. Both camps have become comfortable with their righteousness – thereby ensuring that…
Nexity, French leader in promoters, will cut 502 positions because of the crisis
A social plan from the number 1 French real estate developer. Nexity will cut 502 positions to deal with the deep construction crisis, the company announced Thursday. “We have confirmed…
Greenwashing: This is how cruise operators make their business green – Economy
Apparently the ships are becoming more and more environmentally friendly. However, how operators count emissions varies greatly. This makes it difficult for consumers to understand – and easier for providers…
Galeria Karstadt Kaufhof closes another 16 branches – Economy
The new list is not yet public. But according to information from… South German newspaper 16 Galeria branches are to be closed this time. The SZ learned this from two…
Auto show in Beijing: Why VW, Mercedes and Co. are so slow – Economy
When the Chinese car manufacturer Li Auto presented its first fully electric model, the “Mega”, a few weeks ago, the German chief designer Ben Baum suffered his first setback. “We…
Europe imposes new controls on giant Shein to “protect consumers”
It joins Facebook, Google, X (formerly Twitter), Amazon, Aliexpress and TikTok among the large companies whose controls are reinforced. Shein, the Chinese fast fashion giant, will have to submit to…