Management buys omniCon from CA Immo
CA Immo has spun off its German construction management subsidiary, omniCon, as part of its strategy to outsource non-core activities. This move will…
German Beer Sales Drop 4.5% in 2023, Continuing Long-Term Decline
Der Bierabsatz in Deutschland ist im Jahr 2023 um 4,5% gesunken. Der Inlandsabsatz ging um 4,2% zurück und die Bierexporte waren um 5,9%…
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…
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…
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 &…
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,…
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…
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…
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…
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…