The American supermarket group Walmart expects that profit will fall less sharply this year than it previously assumed. This is because, despite the increased prices, consumers are not skimping on…
The German government has blocked the sale of two companies to Chinese investors, Economic Affairs Minister Robert Habeck announced. Therefore, chip manufacturer Elmos from Dortmund does not fall into the…
The Chinese authorities have imposed a lockdown in the area around the largest iPhone factory in the world. This has to do with an outbreak of corona cases. It…
The US economy grew again in the third quarter after two-quarters of contractions. As a result, the world’s largest economy’s gross domestic product (GDP) rose 2.6 percent last quarter compared…
Mercedes-Benz is withdrawing from Russia and selling its shares in its industrial and financial services subsidiaries to a local investor. Harald Wilhelm, the chief financial officer of the German car…
The European Commission proposes, among other things, a flexible peak limit for the gas price to reduce sky-high energy bills. In addition, EU countries must purchase 15 percent of their…
Tourists managed to find Germany just as well in August as before the corona crisis. It was the first time that tourist levels in 2019 had been surpassed in a…
KLM and Transavia will exchange personal data of passengers who misbehaved on flights operated by one of the two airlines. If these passengers are on the so-called No Fly list,…
The European Commission is introducing new rules to ensure the EU’s supply of crucial raw materials. This should help to free Europe from China’s grip on raw materials for chips…
Russia has found a new buyer for its oil in Myanmar. The Asian country, led by a military junta, has reached an agreement on the purchase of oil, according to…