Business French economy tumbled 6 percent in Q1 The French economy shrank by an estimated 6 percent in the first quarter compared to the previous three months. With that es… Read More
Business Air France – KLM needs urgent cash injection, France and Netherlands are in talks Air France-KLM has EUR 6 billion in cash, but because of the corona crisis, it quickly needs state aid from the French and D… Read More
Business German factory orders fell sharply in February Factory orders in Germany fell sharply in February. According to figures from the German Federal Statistical Office, orders … Read More
Business Eurozone retail in February maintained 0.9 percent growth Eurozone retail sales were up 0.9 percent in February from the previous month when the revised rate was up 0.7 percent. This… Read More
Business Hamsters to the rescue: German retail has been saved by panic Store sales in Germany increased again in February, after another plus in the previous month. According to figures from the … Read More
Business Credit card companies affected by corona virus crisis Credit card companies are also hit by the worldwide outbreak of the new corona virus. Due to the strict restrictions that ap… Read More
Business The Chinese central bank cuts interest rates The Chinese central bank cuts interest rates on loans to banks in order to mitigate the damaging effects of the corona crisi… Read More
Business The company behind Ray-Ban and Oakley brands closes all factories in France Glasses maker EssilorLuxottica has closed all its factories in France due to the outbreak of the new coronavirus. The French… Read More
Business Pernod Ricard expects profits to plunge French beverage producer Pernod Ricard fears his profits will be hit hard this year by the consequences of the corona crisis… Read More
Business Swedbank cancels bonus payment for Birgitte Bonnesen Swedish bank Swedbank will not pay a departure fee to the previously dismissed top woman Birgitte Bonnesen. The bank decided… Read More
