Business Four banks ‘made serious mistakes’ while financing the ill-fated Wirecard Four banks have made serious mistakes when guiding a loan issue for the fallen payment processor Wirecard. This is stated by… Read More
Business Richemont sales halved: there is no demand for luxury during the COVID Richemont sales of luxury watches and jewelry nearly halved in the past quarter compared to the same period last year. The S… Read More
Business Swatch suffers a COVID-related sales plunge Watchmaker Swatch wrote deep red figures in the first half of the year because stores worldwide had to close because of the … Read More
Business EC wants EssilorLuxottica to sacrifice retail chain European Commission is bothered by EssilorLuxottica brand shops. In order to acquire GrandVision eurocrats want EssilorLuxot… Read More
Business Air traffic across Europe is at least five times weaker than it was in 2019 European air traffic is recovering very gradually, with no one knowing what the situation will look like in a few months or … Read More
Business German export grew less than expected in May German exports rose by nearly 10 percent in May compared to the previous month. As a result, exports of Europe’s large… Read More
Business Roland Boekhout is the most likely candidate for Commerzbank’s CEO The Dutchman Roland Boekhout is a top candidate to become the new CEO of Commerzbank, succeeding departing CEO Martin Zielke… Read More
Business Martin Zielke to step down from Commerzbank CEO of the German Commerzbank, Martin Zielke, is willing to step down as the supervisory board who considers it better for t… Read More
Business Agnès Pannier-Runacher acknowledges that Air France is on the edge Airline Air France is on the brink of collapse. I was said by the French Deputy Minister of Economic Affairs Agnès Pannier-R… Read More
Business Eurozone unemployment caught a snowball effect Unemployment in the eurozone increased further in May due to the negative effects on the economy and labor market due to the… Read More
