Tag: Süddeutsche Zeitung Economy
Trade – EU Treaty with New Zealand – Economy
After four years of negotiations, the EU Commission and the government of New Zealand agreed on a trade agreement on Thursday. The agreement removes all tariffs for EU exports to…
Depreciation – Energy subsidiary burdens Siemens – Economy
Siemens Energy’s recent price losses have had a major impact on the major shareholder Siemens. A special depreciation will burden the result after taxes in the third business quarter by…
Financial sector – banks control Schufa – economy
The cooperative banks and savings banks are on target with Schufa: the majority of the Wiesbaden credit agency is in the hands of the two banking associations. The cooperative banks…
Shares – Dax falls below 13000 points – economy
Fears of a recession prompted European investors to withdraw from equities again on Thursday. Of the dax fell below the 13,000 point mark and lost 1.7 percent to 12,784 points…
Collective bargaining dispute – eight percent more targeted – economy
In view of the high inflation, IG Metall wants to demand eight percent more money for employees in the metal and electrical industry in the forthcoming round of collective bargaining.…
Forex, Bonds, Commodities – Euro Falls Well Below $1.05 – Economy
Fresh inflation data is weighing on the shared currency, which is trading well below the $1.05 mark. Federal bonds, on the other hand, are in demand, which pushes their yields…
Shares – Dax limits losses somewhat – economy
A somewhat lower inflationary pressure in Germany has the dax at best saved from an even bigger setback on Wednesday. The leading German index lost 1.7 percent to 13,000 points…
E-car production – Mercedes stays in Rastatt – economy
Mercedes-Benz has agreed with employee representatives on a plan to switch to electric cars. As the company announced on Wednesday after weeks of negotiations, the plant in Rastatt, Baden, will…
Economy – US economy weaker – economy
At the beginning of the year, the US economy contracted a bit more than previously assumed. Gross domestic product (GDP) fell by an annualized 1.6 percent in the first quarter,…
Russia – Ruble is getting stronger – Economy
The Russian leadership is discussing measures to ensure that the strengthened national currency, the ruble, does not pose a risk to its own economy. The strong ruble is already having…