Municipal forecast for 2023: utilities expect 60 percent increase in electricity prices
The exploding costs for energy are threatening the existence of the public utilities. The most recent gas price reductions in the wholesale trade do...
Industry and trade are growing: China's economy defies corona lockdowns
Heat waves and strict pandemic rules prevent Chinese from shopping. Nevertheless, the retail trade can look forward to strong growth. Chinese production is also...
Rally continues: No all-clear for gas prices for consumers
On average, gas is more than three times as expensive for end customers as it was a year ago. Many should therefore draw hope...
State reaches for Rosneft: Is the operation in Schwedt now secured?
For months, Schwedt worried about the future of the PCK refinery. The plant with 1200 employees is something like the economic heart of the...
"Unfortunate mistake": EWE terminates gas customers – and backs out
Numerous electricity and gas customers are receiving termination notices from their suppliers these days. The bad news also reached EWE customers. Immediately afterwards, the...
Consequences of sanctions subdued: arms industry supports Russian economy
Russia is likely to spend an estimated one-sixth more on armaments this year. While the Russian industry as a whole is weakening like other...
Study: Pre-war GDP not until 2030: Russia's central bank cuts interest rates again
The Russian central bank lowered interest rates for the fifth time this year and is now signaling an interest rate pause. The central bankers...
Starbucks becomes Stars Coffee: Russian coffee clone "remains a cheap copy"
The logo is confusingly similar to the original - and the offer also seems very familiar. With the Russian brand clone of Starbucks, practically...
Rügenwalder Mühle facing problems: "We are in the middle of a food crisis"
At the food producer Rügenwalder Mühle, 60 percent of the products are now vegetarian. Group boss Hähnel talks about the tense situation on the...
Because of Taiwan and Covid policy?: Opel puts China expansion on hold
A year and a half ago, Opel announced major expansion plans to China. There were already political hotspots back then, but these have now...
BREAKING NEWS
117 Retail Theft Suspects Arrested in California Holiday Crackdown
117 Retail Theft Suspects Arrested in California Holiday CrackdownAt least 117 individuals found themselves on the wrong side of the law during the California...
