Wirtschaft

Corona virus: Stock markets fear new downward trend

Corona virus: Stock markets fear new downward trend

The prices on the stock market fell sharply again. In the corona crisis, investors had to cope with a large number of profit warnings and dividend cuts. Investors should be prepared for the fact that there will be no distributions and share buybacks in the foreseeable future, the analysts told Bank of America. This is […]

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Corona crisis: Adidas now wants to pay rent

Corona crisis: Adidas now wants to pay rent

After harsh public criticism, the sporting goods manufacturer Adidas is now paying its rents and apologizing for its advance. “Many of you felt that the decision to require the landlords of our stores to defer the rent for April was unsolidarial,” says an open letter that Adidas published on Wednesday. “Your opinion is important to […]

Cornavirus: Unemployment in Austria increases more than 50 percent

Cornavirus: Unemployment in Austria increases more than 50 percent

The current statistics from Austria give an impression of how dramatically unemployment could soon rise. There have never been so many people registered as unemployed since 1946 as they are today. As the Labor Market Service (AMS) announced in Vienna, there are currently just over 504,000 people without a job in Austria (you can find […]

Corona crisis: Galeria Karstadt Kaufhof stops rent payments

Corona crisis: Galeria Karstadt Kaufhof stops rent payments

Adidas, H&M and Deichmann hurried forward, now the department store group Galeria Karstadt Kaufhof is canceling rental payments due to its landlords. There was “no other choice”, the company wrote this Monday to the property owners, in whose buildings the group’s shops, from department stores to travel agencies and the newly acquired sportscheck retailer, are […]

Coronavirus crisis: SPD leader Saskia Esken demands property tax

Coronavirus crisis: SPD leader Saskia Esken demands property tax

There are some indications that the economic costs of the shutdown could even outshine the direct consequences of the global financial crisis from 2008 – at least the effects on the federal budget. In any case, the federal government is currently planning to finance the numerous aid packages with a new debt of more than […]

Farmers warn of bottlenecks in some types of fruit and vegetables

Farmers warn of bottlenecks in some types of fruit and vegetables

Empty (toilet paper) shelves, hamster purchases and a run for durable food – the corona crisis is also noticeable in the German food trade. Even if, according to experts, nobody has to worry about the basic supply: For lovers of certain types of fruit and vegetables, there could be disappointments when shopping in the medium […]

Corona Crisis Corporations: America's War Economy

Corona Crisis Corporations: America’s War Economy

The Californian liquor distillery Amass produces gin, vodka – and recently also disinfectants. Everything based on herbs and at enthusiastic prices. Just under half a liter of the “alcohol-based botanical hand wash” costs $ 38. The product was inspired by the “four thieves” herbal mixture, which according to a legend from the Middle Ages could […]

How the new ice man boss wants to stop the descent | TIME ONLINE

How the new ice man boss wants to stop the descent | TIME ONLINE

content Read on one page content page 1 –How the new iceman boss wants to stop the descent Page 2 –Cooperations with Bosch Siemens home appliances and Beck’s A few days ago, Elmar Westermeyer received a letter which, he says, gave him goosebumps: “As a new customer, I would like to express my thanks to […]

IMF anticipates severe recession in Europe due to coronavirus

IMF anticipates severe recession in Europe due to coronavirus

The extensive shutdown of public life in the fight against the coronavirus pandemic has serious consequences, according to the International Monetary Fund (IMF): According to the organization, Europe’s economy is facing a severe recession in 2020. That is now a certainty, wrote the director of the IMF Europe department, Poul Thomsen, in a blog post. […]