BASF cuts 2,600 jobs but plans to distribute profits

The chemical group BASF is cutting 2,600 jobs and closing roughly 10 percent of its production capacities at its main site...
Online shopping becomes a debt trap for many shoppers

The trend toward online shopping, which has been boosted by the Corona pandemic, brings with it a negative side: many...
84 percent inflation in Turkey

Prices continue to rise exceptionally fast across the board in Turkey. Goods and services became more expensive in...
Binance blows off FTX purchase

The cancellation of the FTX.com acquisition, announced just a day earlier, pushed bitcoin near $16,000 on Wednesday. The...
German economy defies the crises

The German economy grew by a surprising 0.3 percent in the third quarter, adjusted for seasonal and calendar effects, the...
Real estate as retirement provision: Owners have an early advantage

Many people start putting money away at an early age. Often their parents, grandparents or godparents do it first, before...
Turkey now imports twice as much oil from Russia

Turkey has more than doubled its imports of Russian oil this year. Imports have so far totaled an average of more than...
Israel and Turkey resume full diplomatic relations

After years of tensions, Israel and Turkey plan to fully resume diplomatic relations. Both countries have decided to...
Threat of strikes continue to drive up gas prices

Amid concerns about gas supplies to Europe, a strike by oil and gas workers in Norway could reduce its gas production by...
Bitcoin has not been worth much for a long time

The original cryptocurrency Bitcoin fell to its lowest level since the end of 2020 at 26,591 US dollars on the Bitfinex...
Beijing wants to force tech companies to withdraw from stock market

This would be the heaviest blow yet in the Chinese government's campaign against the domestic Internet industry, which has...
E-Commerce : cheap purchases from China is over

On July 1, the biggest EU-wide VAT reform since the creation of the Single Market in 1993 comes into force. The reform...
Netflix growth slows

Netflix was considered one of the big winners of the Corona crisis. In the midst of the pandemic, the video service gained...
German companies lagging digital peers

It's hard to imagine a typical workday in Germany without digital technologies from abroad. Video chats via Microsoft...
Billions for Europe's chip industry

The chip industry in Germany and Europe is apparently facing a wave of investment worth billions. After bottlenecks in the...
Three benefits of automation in manufacturing

There're numerous benefits to automation that greatly outweigh the drawbacks. This is especially true in Germany, whereby...
BMW and Daimler team up

BMW and Daimler have just recently merged their mobility services. The next step is now the future cooperation between the...

Real wages fall at record pace due to high inflation

Inflation in the euro zone falls to 8.5 percent in January

Exxon-Mobil takes action against excess profits tax

Executive Board bonuses cause dispute at Lufthansa

Inflation in Germany falls to 10.0 percent

Government and opposition reach agreement worth billions of euros

Whatsapp plans revolutionary change for group chats

Airbus counters Boeing's billion-dollar loss

Coalition wants to facilitate immigration of job seekers

Operation could save 1.3 million tons of CO2

US economy: Inflationary pressure eases slightly

Euro continues to weaken against the dollar

Liquid gas from Canada will only be available on a large scale in a few years

Even fish are now tested for the coronavirus in China

China's exports rise by a surprising 18 percent

Oil production now suffers from long Covid

What follows from iOS 16 for the iPhone 14

Relief over interest rate outlook boosts US stock markets

Sri Lanka no longer services its debts

Germany wants to close airspace for Russian aircraft

Evergrande announces millions in on-time interest payment

Home office is a culture change that cannot be ignored

Amazon achieves record profit

Apple presents the Turbo iPad

Lufthansa expects a challenging summer

Facebook wants to lift block on media content

German exports slump sharply

Berlin remains top business location despite pandemic

German Pandemic response creates record public debt

Green gifts for Black Friday

Bauma rules the building world
