These companies pay employees a premium

Car rental company Sixt The approximately 7,600 employees of the listed family business will receive an inflation premium of 1,700 euros at the end of this year. (Photo: image images/Ralph Peters) Stuttgart, Munich, Duesseldorf The employees of car rental company Sixt can look forward to extra money. “We pay every employee worldwide an extra special … Read more

Chinese currency drops to record high – central bank under pressure

chinese yuan The currency comes in an onshore variant, which is legal tender in China, and an offshore entity, which is traded abroad. Both are under a lot of pressure right now. (Photo: Reuters) Beijing, Frankfurt The different strategies of the US and the Central Bank of China (PBoC) are reflected in exchange rates in … Read more

German economy in crisis: the recession is coming

German economy in crisis The recession is coming 09/28/2022, 7:19 PM Economic researchers know for sure: Germany is in a recession or is already in one. According to economists, the economic downturn in Germany is likely to be more severe than in many other European countries. Questions and answers about the economic crisis: Economic researchers … Read more

These companies pay employees a premium

Car rental company Sixt The approximately 7,600 employees of the listed family business will receive an inflation premium of 1,700 euros at the end of this year. (Photo: image images/Ralph Peters) Stuttgart, Munich, Duesseldorf The employees of car rental company Sixt can look forward to extra money. “We pay every employee worldwide an extra special … Read more

Recession & ongoing inflation forecast

Federal Minister of Economy Robert Habeck The research institutes prepare their forecasts for the Ministry of Economic Affairs every six months. (Photo: Reuters) Berlin The four leading economic research institutes expect the German economy to shrink. In their joint economic forecast, they expect gross domestic product to fall by 0.4 percent in 2023, the Handelsblatt … Read more

This is the mood in the industry in the fall

real estate tax reform Detached houses are being built on the outskirts of Hanover. However, the mood in the real estate sector has been clouded of late. Photo: dpa (Photo: dpa) Frankfurt In the German real estate sector, the crisis mood intensified in the autumn. “The 2022 autumn survey as part of the ZIA-IW Real … Read more

Microsoft, SAP, Oracle: IT Companies Increase Software Prices Sharply

Shop by Microsoft The software manufacturer has significantly increased the prices for Office 365. (Photo: Reuters) Duesseldorf Building materials, fuel and office software: German companies are feeling the effects of record inflation across all business sectors, including IT. A number of software manufacturers and cloud service providers have announced price increases in recent weeks and … Read more

Microsoft, SAP, Oracle: IT Companies Increase Software Prices Sharply

Shop by Microsoft The software manufacturer has significantly increased the prices for Office 365. (Photo: Reuters) Duesseldorf Building materials, fuel and office software: German companies are feeling the effects of record inflation across all business sectors, including IT. A number of software manufacturers and cloud service providers have announced price increases in recent weeks and … Read more

The US Federal Reserve raises interest rates by 0.75 percentage point

Frankfurt The US Federal Reserve (Fed) has reaffirmed its determination to fight inflation, which recently stood at 8.3 percent. It raised interest rates by 0.75 percentage point (75 basis points) on Wednesday to a range of 3.0 to 3.25 percent. The markets had expected this move, but had not ruled out a full percentage point … Read more