2023-06-30 17:30:24 Trading room of the Frankfurt Stock Exchange in 1988 The Dax is 35 years old: Germany’s leading index Dax celebrates its birthday on June 1st. (Photo: dpa) Frankfurt Shortly before its 35th birthday, the Dax gave itself and its investors a present. With 16,427 points on June 16, it marked a new all-time … Read more
Zalando, which grew rapidly during the lockdowns, saw its profit more than halved last year. After all, consumers are going to physical stores more often to buy clothes. The company therefore does not rule out the possibility that it will have to record a small loss of turnover this year. The profit before taxes and … Read more
The Germany heads of the top strategy consultancies Fabian Billing, Walter Sinn and Michael Brigl fight a three-way battle. Düsseldorf The three leading global strategy consultancies increased their sales in Germany by around 20 percent in 2021. And the industry is also expecting strong growth for 2022. McKinsey is still the market leader, just ahead … Read more
The Dax continues to weaken: After a shortened trading week, the leading German index started the weekend with a large daily loss on Friday. Fear of rising interest rates pushed investors onto the defensive on Friday. Given the high Inflation and economic risks, the yield on ten-year Bunds climbed to its highest level in almost … Read more
B.Z. Rubin Ritter left the fashion giant last year and is taking care of the family. Scream with happiness! ex-Zalando-Boss Rubin Ritter (40) went on parental leave as a multi-millionaire. The money should be enough for quite a few diapers and a fancy stroller. The former manager of the Berlin fashion retailer received a five-digit … Read more
Frankfurt Even the war in Ukraine will probably not avert the forthcoming turnaround in interest rates: For the first time in decades, the major central banks are planning an abrupt change in monetary policy. The British central bank has recently raised interest rates twice in a row, and the US Federal Reserve will follow suit … Read more
Düsseldorf There may be signs of a trend reversal in the markets. Reason: The yields on benchmark bonds in the USA and Germany have now risen to their highest level since the beginning of the corona pandemic. A further increase is unlikely to leave the German stock market unscathed and at least cause higher fluctuations. … Read more
Symbolic picture: Biontech founders Özlem Türeci and Uğur Şahin The pair’s company has become significantly more valuable because of its hugely successful vaccine sales. (Foto: imago images/Political-Moments) Hamburg Pinduoduo is not one of the well-known tech companies in Europe – despite being listed on the Nasdaq. There are two reasons for this: On the one hand, … Read more