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Economy

Companies & Markets

Economy

Companies & Markets

A Chinese company buys Media-Markt and Saturn

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The EU allows the sale of Media-Markt and Saturn to the Chinese company JD.com. The price is 2.2 billion euro.

Economy

Companies & Markets

Schaeffler closes 4 factories in Germany

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The company Schaeffler cuts 3,460 jobs worldwide. 4 factories close in Germany. The reason is the crisis in the auto industry.

Economy

Companies & Markets

Hackers attack cool systems in super markets

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In many countries in Europe, hackers attack super markets. They make cool systems very hot. Many foods break now.

Economy

Companies & Markets

North Korea steals billions from crypto exchange

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Hackers from North Korea attack the crypto exchange Binance. They steal more than 6 billion dollars. The US police blame the group TraderTraitor.

Economy

Companies & Markets

Hacker attack on crypto exchange Binance

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The large crypto exchange Binance was probably hacked. It is about a lot of money. The trade stopped.

Economy

Companies & Markets

Christine Lagarde geht fruher von der Bank

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Christine Lagarde hfrt im Februar 2027 als Chefin der Bank auf. Sie macht Platz fur eine neue Person vor der Wahl in Frankreich.

Economy

Companies & Markets

Volkswagen has big loss

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Car company Volkswagen has a very high loss in the third quarter of 2026. Problems in China and high costs for the brand Porsche are the reason.

Economy

Companies & Markets

Cruise ends due to high cost

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More than 200 people are stuck in Cambodia. Their ship can not drive on. The fuel is too expensive now.

Economy

Companies & Markets

Depot closes all shops in Austria

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The shop Depot closes all 24 stores in Austria. About 140 people lose their jobs.

Economy

Companies & Markets

Microsoft gives money for quit

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Microsoft wants to save money. The firm offers money to 60.000 workers. They get money when they leave the firm.

Economy

Companies & Markets

Temu wants to do better

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The shop Temu has problems with the EU. Temu pays a big fine. Now Temu promises more safety for all buyers.

Economy

Companies & Markets

Heineken warns pubs about less beer sales

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Heineken warns pubs about weight loss drugs. These drugs reduce the desire for alcohol. Pubs must sell smaller glasses.