Update: ABB Rewards Investors
ABB, the Swiss multinational corporation excelling in automation and electrification, has announced a proposal to increase its ordinary dividend to CHF 0.87 per share, marking a rise from the previous…
Germany CPI Lowest Since June 2021
The inflation rate in Germany is expected to be +2.9% in January 2024. This is the lowest value since June 2021. Consumer prices are expected to increase by 0.2% compared…
A1 Austria Announces Management Reshuffle
Dejan Turk, currently at the helm of A1 Serbia & A1 Slovenia, is set to take over as CEO of A1 Croatia & A1 Slovenia from June 1, 2024.
Testing Blood for Cancer
Multi-cancer early detection (MCED) blood tests have the potential to increase early detection rates of some cancers, improving survivability and reducing costs. However, there are concerns about their ability to…
DHL: Sustainable Shipping Starts
DHL Group has partnered with Schneider Electric to launch a new shipping model aimed at improving sustainability and agility. They have successfully deployed two multi-modal shipping bridges to reduce carbon…
Contactless Payments Grow in Europe
In the first half of 2023, the total number of non-cash payments in the euro area increased by 10.1% compared to the same period in 2022. However, the total value…
Modest Rise in German Employment
According to the German Federal Statistical Office (DESTATIS), the number of employed people in Germany in December 2023 increased by 0.4% compared to the previous year. In December 2023, there…
German Import Prices Lower
The import prices in December 2023 were 8.5% lower compared to December 2022, marking the strongest decline since 2009. The annual average for 2023 showed a decrease of 8.3% compared…
German Retail Weak in 2023
According to the German Federal Statistical Office, the retail turnover in Germany in 2023 was 3.3% lower than in 2022. The Christmas season was weaker compared to the previous year.…
CA Immo Sees Revaluation Loss
CA Immo expects a net property revaluation loss of around EUR 530 million for the 2023 financial year due to a weak market environment. Despite a successful operating year, a…