Business Former WireCard boss, Markus Braun, testifies in Bundestag Former CEO Markus Braun of Wirecard, who had been killed by mega-fraud, refused to disclose his role in the accounting scand… Read More
Business Germans pump aid in car industry The German car industry will receive billions of euros in extra state aid to withstand the coronacrisis and invest in electr… Read More
Business Banco Santander to fire 4000 employees The major Spanish bank Banco Santander has plans to cut 4,000 jobs in its own country in order to save costs. According to s… Read More
Business UN report show significant drop in overseas shipments The volume of goods shipped across the seas will fall by 4.1% this year on an annual basis compared to a year earlier due to… Read More
Business McDonald Q3 results are better than expected The US fast-food chain McDonald’s has achieved better figures than expected in the third quarter. In doing so, the wor… Read More
Business German export rose in October Germany exported 2.3 percent more than a month earlier in September, reports the German Federal Statistical Office. This inc… Read More
Business Richemont sees market recovering Richemont, the parent company of, among others, besides Cartier, the market for luxury products pick up again, and climbing,… Read More
Business Commerzbank sees bad loans increase as pandemic revives The German bank Commerzbank suffered a lot from the COVID-19 lockdowns in the third quarter. The bank’s profits were l… Read More
Business Crédit Agricole performs well above expectations In the third quarter, Crédit Agricole has benefited from good performance in its trading sector, mainly in bond trading. The… Read More
Business Adecco Broadcast Group reports losses in Q3, expects more bumps ahead Adecco Broadcast Group Limited reported the decline in turnover due to the coronacrisis in the third quarter. As lockdowns w… Read More