Business French economy recovery slows down The pace of economic recovery in France is slowing down. This is reflected in a report by the Central bank of France. In July, economic activity was 7% below the normal level. That was 9% a month earl… Read More
Politics Taiwan fears ‘to end up as Hong Kong’ Taiwan fears that, in the end, it will face the same fate as Hong Kong, which is in danger of losing its autonomy as a result of the new Chinese security law. US Secretary of Health Azar arrived in Ta… Read More
Taiwan fears ‘to end up as Hong Kong’ 11 Aug 2020 Taiwan fears that, in the end, it will face the same fate as Hong Kong, which is in danger of losing its autonomy as a result of the new Chinese security law. US Secretary of Health Azar arrived in Taiwan on Sunday. It is the highest visit the country has received from the United States in 40 years. China, which …
EU shame: Brussels and Berlin accused of selling out as row over corruption erupts 10 Aug 2020 Berlin and Brussels both sold the European Union’s credibility “too cheaply” with their support for centre-right ally prime minister Bokyo Borissov, an opposition politician claimed. Hristo Ivanov, a former justice minister who now leads the anti-corruption Yes Bulgaria movement, said Mr Borissov’s abuses of power had been ignored because of his role in upholding the EU’s migration pact with Turkey. …
French economy recovery slows down 10 Aug 2020 The pace of economic recovery in France is slowing down. This is reflected in a report by the Central bank of France. In July, economic activity was 7% below the normal level. That was 9% a month earlier. A similar level is expected for August as in July, or a marginal improvement. The monthly report of the French central bank …
Pfizer will manufacture Remdesivir 8 Aug 2020 Pharmaceutical Pfizer is commissioned to produce the medicinal product Remdesivir. Gilead’s viral inhibitor was approved earlier this year in the United States and the European Union for the treatment of severely ill patients with Covid-19, the disease caused by the coronavirus. The effectiveness of the drug is questioned by many researchers, but authorities are pushed ‘to do something’. Gilead hopes …
Nivea profits down 20 percent, no definitive green shots in sight 6 Aug 2020 For the manufacturer of care products Beiersdorf, the company behind level, among other things, the first six months of the corona pandemic did not go as smoothly as usual. Especially the sales of its more exclusive brands went down sharply, now that there are hardly any travellers at airports visiting tax-free shops. This affected profits and turnover, for example, on …
As Hugo Boss sales sank, yearly forecast got cancelled 4 Aug 2020 Hugo Boss fashion house saw his sales collapse in the second quarter. The group’s turnover fell by almost 60 percent to EUR 275 million due to the consequences of the coronacrisis. As a result, many branches were temporarily closed. Hugo Boss is counting on improvement in the second half of the year. Below the line, Hugo Boss put a loss …
