Tag: Süddeutsche Zeitung Economy
Shares – Dax continues recovery – economy
Dhe dax gained the third trading day in a row on Tuesday. But as at the beginning of the week, the initially significant premiums of the dax noticeably during the…
Bankruptcies: German companies are robust
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Accountants – Penalty for EY in the US – Economy
The US Securities and Exchange Commission has imposed a severe fine on the consulting firm Ernst & Young (EY) for violating the rules in employee reviews. The company admitted to…
US charging network – Siemens joins forces with VW – Economy
Siemens is joining the Volkswagen Group’s North American fast-charging network project Electrify America. Together, the partners want to invest 450 million dollars (426 million euros) in the expansion of the…
Pharmaceutical industry – Novartis cuts jobs – economy
The restructuring of the Swiss pharmaceutical giant Novartis will cost a good seven percent of the workforce the job. In the course of the realignment of the main business with…
Federal Minister – Heil complains about low collective bargaining coverage – Economy
Federal Labor Minister Hubertus Heil (SPD) has called on employers and trade unions to improve collective bargaining coverage in Germany. At the moment it is only an average of 48…
Commodities, Bonds, Forex – Oil & Copper Prices Rise – Economy
The prospect of rising demand pushed prices higher in commodity markets on Tuesday. The reason for the optimism was the recent easing of strict corona quarantine regulations in China, which…
Shares – Dax with a slight plus – economy
Investors in Europe started the new week with increasing optimism. After the dax had gained almost two percent in early trading, the momentum abated and the leading German index moved…
Material bottlenecks – mechanical engineers under pressure – economy
The situation is getting worse for mechanical and plant engineering. Material bottlenecks and a shortage of skilled workers are increasingly affecting the backbone of the German economy with over a…
Banks – many branches are closing – economy
Due to digitization and cost pressure, more and more bank branches are being closed in Germany. The number of domestic branches fell significantly by almost 10 percent to 21,712 last…