ROUNDUP: Lack of Chinese tourists is slowing down L’Oreal surprisingly significantly PARIS – The weak demand in North Asia slowed down the French cosmetics group L’Oreal surprisingly significantly in the final quarter. A decline in consumption by Chinese tourists was particularly noticeable, which was particularly reflected in the luxury care sector. Although L’Oreal was able … Read more
The Saxon economy is in stagnation. As the current IHK survey on the economy showed, the overall business situation has deteriorated. The The reasons for this lie in the falling demand and the persistently high costs, it was said. The chambers had based the survey presented on Tuesday under the motto “Stagnation instead of upswing”. … Read more
More and more investors are attaching importance to sustainability. But how environmentally friendly or socially companies actually act is often difficult to understand. New EU rules should change that. dpa 02/06/2024 – 12:47 am Brussels – With the help of new transparency rules, investors should be able to invest their money more easily in sustainable … Read more
Hanover (dpa/lni) – The number of corporate bankruptcies in the Lower Saxony economy has risen significantly. In 2023 there were 202 more applications to open insolvency proceedings than in the previous year. This corresponds to an increase of 17.4 percent, the State Office for Statistics in Lower Saxony (LSN) announced on Monday. 1,366 companies submitted … Read more
L-Bank is increasingly supporting Southwest companies January 12, 2024, 11:27 a.m Promoting companies is one of L-Bank’s main tasks. Last year the total funding amount decreased. However, loans for companies with financial problems increased significantly. The logo of the Landeskreditbank Baden-Württemberg (L-Bank – State Bank for Baden-Württemberg) can be seen on a window of the … Read more
Microsoft temporarily overtook Apple as the most valuable listed company in the world. The success of the software company’s investments in the chat GPT manufacturer Open AI drove its stock market value by two percent to $2.903 trillion on Thursday. Apple at the same time had a market capitalization of $2.871 trillion. “It was inevitable … Read more
Only slight growth in new start-ups in Central Switzerland: Why this is not a warning sign If you look at the new entries in the Swiss commercial register, 2023 was not a particularly good year for the Central Switzerland region compared to the previous year. But that’s not the whole truth. The new Qubo building … Read more
Working in the insurance and finance industry offers a diverse range of career opportunities in a key sector of the economy. This industry plays a crucial role in hedging risks and providing financial stability to individuals and companies. Working in the insurance and finance industry requires not only expertise in insurance and finance, but also … Read more
After strenuous months of insolvency, there is finally good news for the local organic drinks manufacturer around the Pona brand. Pona is starting again and better and stronger than ever. Anna Abermann, Pona Vienna (OTS) – Pona is starting again and better and stronger than ever. Together with Wolfgang Fojtl, an experienced entrepreneur in the … Read more
Best of 2023 Dancers, Thurbo cows and fling rooms: these are the eastern Swiss stories of the year A man dances through St.Gallen, a cow is transported in the Thurbo and the people of Eastern Switzerland indulge in their secret sex affairs: the year 2023 has produced many headlines and emotional stories. We have summarized … Read more