Business Even Siemens retracts the financial outlook Medical technology company Siemens Healthineers is withdrawing its outlook for the rest of the year due to uncertainty about… Read More
Business German retail sales down 5.6 percent in March Retail sales in Germany fell sharply in March after increasing in the previous month. According to figures from the German F… Read More
Business Rémy Cointreau expects 55 percent drop in turnover French beverage producer Rémy Cointreau expects to achieve significantly less turnover in the current quarter as a result of… Read More
Business Wirecard investigation shows no abuses yet German payment processor Wirecard does not have to adjust its reported results for the years 2016-2018 for the time being. A… Read More
Business VimpelCom plans to close 4600 stores Veon’s Russian subsidiary VimpelCom reportedly plans to discontinue its own stores. The telecom company listed on the … Read More
Business Nestlé benefited on consumer panic Consumer goods producer Nestlé benefited in the first quarter from consumer hoarding behavior, particularly in Europe and th… Read More
Business Credit Suisse warns of upcoming setbacks Credit Suisse warns against financial setbacks during the year as a result of the corona crisis. The Swiss bank closed the f… Read More
Business Price of American oil drops below $15 barrel The price of a barrel of American oil has plunged below $ 15. That is the lowest level in two decades, mainly because the de… Read More
Business Mexico and USA join the oil production cut agreement Mexico is participating in the production cut of oil cartel OPEC and its allies such as Russia. The United States will also … Read More
Business French industry production increased in February Industrial production in France increased by 0.9 percent in February from a month earlier. The French statistics office repo… Read More
