Tag: Foreign Investment by Country
Adidas exchanges its China boss
Adrian Siu The manager knows the Chinese market and is now returning to Adidas in a managerial capacity there. (Photo: Adidas) Munich, Beijing Loud music blasts from the third floor…
Gazprom subsidiary Wingas restricts gas trading in Germany
Wingas gas storage near Rehden Companies with close ties to Russia like Wingas are currently under a lot of pressure. (Photo: Reuters) Dusseldorf The broker of a large portfolio manager…
Unionpay as a way out for Russia’s banks?
Unionpay With a transaction volume equivalent to around 150 billion US dollars, Unionpay was the second largest payment network in 2020. (Photo: Reuters) Beijing After the withdrawal of Mastercard and…
China must take a stance on the Ukraine conflict
Military-strategic misjudgments, complete underestimation of Western cohesion and then sanctions that lead to a collapse of the economy and will cause great damage to the country for years to come:…
These corporations want to stay in Russia
Dusseldorf, Berlin, Frankfurt Metro boss Steffen Greubel has to justify himself more and more. Despite the current situation, the wholesale group wants to hold on to business in Russia. The…
Pharmaceutical companies continue to deliver to Russia
Frankfurt At internal meetings, Stada boss Peter Goldschmidt has had to mediate between employees from Ukraine and Russia himself, and not just since Russian troops invaded the neighboring country. “For…
How China could stop Russia’s war with Ukraine
Beijing Just last week, EU foreign policy chief Josep Borrell suggested that China could play a mediating role in the Ukraine war. Experts were skeptical – and this skepticism is…
Auditors KPMG and PwC separate business in Russia
PwC logo So far, Sberbank and the oil company Gazprom have been among the customers in Russia. (Photo: Reuters) new York After KPMG and PwC, the auditing company EY is…
Auditors KPMG and PwC separate business in Russia
PwC logo So far, Sberbank and the oil company Gazprom have been among the customers in Russia. (Photo: Reuters) new York The big auditors KPMG and PwC are parting with…
The sanctions are hitting the country with full force
empty shelves A sign indicates the maximum purchase quantity. Since the weekend, many Western companies have even gone out of business completely. (Photo: dpa) Berlin Women’s Day on March 8…
More gas supplies – Italy strengthens partnership with Qatar
Luigi di Maio According to Di Maio, Italy is planning further ventures to “diversify” energy supplies to the Mediterranean country. (Photo: dpa) Rome In view of the Ukraine war to…
World’s largest credit card issuers suspend business in Russia
Visa and Mastercard credit cards Because of the Russian invasion of Ukraine, the two credit card providers are suspending their business in Russia. (Photo: dpa) Washington Because of the Russian…
German suppliers are building factories of the future
Elon Musk in Gruenheide Tesla works fundamentally differently than German car manufacturers. The hidden champions like that. (Photo: Reuters) Dusseldorf, New York For a good two years, Tesla has been…
VW is building a new e-car plant for two billion euros
Dusseldorf Volkswagen is doing it like Tesla and is building a completely new electric car plant. VW is investing around two billion euros in the Warmenau district of Wolfsburg. The…
Politics and business celebrate the approval decision
Berlin The relief was almost tangible that Friday afternoon in the Potsdam State Chancellery. “A mammoth task” was the immission control approval process for the factory of the US electrical…
McKinsey, BCG and Accenture pull out of Russia
McKinsey, BCG, Accenture The three business consultancies are rethinking their business in Russia. Dusseldorf Some of the world’s largest strategy consultancies are suspending their business in Russia. On Thursday, McKinsey,…
Mayor of Grünheide speaks of winning the lottery
In this respect, there will have to be technical solutions, for example a new waterworks, Christiani said. “Or you face the challenge of getting the water from where it is…
How China could shore up Russia’s financial system
Xi Jinping Will he help Russia to cushion the economic crisis? (Photo: imago images/Xinhua) Beijing As Western banks and corporations declare their withdrawal from Russia, Moscow’s attention turns to a…
Volkswagen shuts down business in Russia because of the Ukraine war
Production at the VW plant in Kaluga The German carmaker shuts down its factories in Russia. (Photo: Bloomberg) Dusseldorf Volkswagen stops doing business in Russia because of the Ukraine war.…
Russia would be 59 times more affected by a trade freeze than the West
50 years of containers – DUSS Terminal Frankfurt/Main-Ost ARCHIVE – View of the premises of the DUSS (German transhipment company rail – road) – transhipment terminal Frankfurt/Main-Ost, taken on 08/19/2015…