Tag: Supply chains
Inflation in Turkey has risen to over 83 percent
Currency exchange office in Istanbul The price of imported goods is rising continuously due to the weak lira. (Photo: Reuters) Ankara Inflation in Turkey has reached a new high. Annual…
Other emerging markets in Asia are growing faster
Corona virus in China The government’s non-Covid strategy is becoming a growing economic risk. (Photo: dpa) Bangkok For the first time in more than three decades, the economy in China…
According to these guidelines, companies should act in the event of a crisis
Brussels EU Commissioners Margrethe Vestager and Thierry Breton presented the plans. (Photo: Reuters) Brussels The world was actually warned: 17 years before the corona pandemic, the first “Sars” virus infected…
Erdogan wants to convince voters with projects worth billions
Istanbul The Turkish President loves to give gifts to the people. The latest: a four-room condominium for 850,000 Turkish lira, the equivalent of almost 47,000 euros. Funded by the state…
This is how the industry reacts to high costs and waiting times
Dusseldorf Long delivery times, high prices – Frank Spaleck has had enough of the tense situation in the supply chains. That’s why his company manufactures more of the preliminary products…
With the iPhone 14, less dependent on China
san francisco The walls along the factory site in the southern Chinese metropolis of Shenzhen are kilometers long. Hundreds of thousands of workers are said to toil here. The operator,…
German economy shrinks faster in August
Industry The economic slowdown is having an increasingly negative impact on companies’ willingness to hire. (Photo: obs) Berlin Due to high inflation and rising interest rates, the German economy is…
German economy shrinks faster in August
Industry The economic slowdown is having an increasingly negative impact on companies’ willingness to hire. (Photo: obs) Berlin In August, the German economy shrank more than it had since the…
Blocking cargo ship removed – low water not the reason for the jam
The Middle Rhine near St. Goar A container ship near the bottleneck at St. Goar. (archive image) (Photo: Reuters) Dusseldorf There are currently no ships sailing across the Middle Rhine,…
Goods ship blocks the Middle Rhine
The Middle Rhine near St. Goar A container ship near the bottleneck at St. Goar. (archive image) (Photo: Reuters) St Goar, Oberwesel Shipping on the Middle Rhine was suspended on…
Only trading with friends – why “friendshoring” is a dangerous idea
Brussels In April, India’s Prime Minister Narendra Modi received two important visitors from Europe in quick succession. First British Prime Minister Boris Johnson arrived and campaigned for closer economic cooperation.…
Chemical industry remains optimistic despite gas crisis
Dusseldorf This week Evonik and Brenntag, two of the leading German chemical companies, presented their quarterly results. As different as the business models of the two companies are, they share…
Why companies move from China to Portugal
Dusseldorf At the Portuguese investment agency Aicep, the phones are running hot: In the seven months of this year, inquiries from companies wanting to set up a location in Portugal…
Why companies move from China to Portugal
Dusseldorf At the Portuguese investment agency Aicep, the phones are running hot: In the seven months of this year, inquiries from companies wanting to set up a location in Portugal…
The Germans in the pension trap – Morning Briefing
It’s the weekend, late summer and without thinking about the gas bill, and I don’t want to spoil your mood with the latest shelling situation in the Ukraine, including Crimea.…
Apple defies the economic downturn – especially with strong iPhone sales
new York Apple’s business is resilient to economic concerns and logistics bottlenecks. Last year, the Cupertino-based group was able to increase sales of the iPhone in an overall shrinking smartphone…
Apple’s quarterly figures show a positive trend – unrestrained demand for iPhones
Apple logo Analysts had expected worse values in the past quarter. (Photo: Reuters) Cupertino Apple’s iPhone business is resilient to economic concerns and logistics bottlenecks. Last year, the group was…
Commerzbank & Telekom: Corporations want to digitize supply chains
container port Because of the consequences of the corona crisis and the war in Ukraine, many companies are complaining about supply chain problems. (Photo: dpa) Frankfurt The corona crisis and…
Elon Musk is thinking, but will continue to caper
Elon Musk The Tesla boss has said goodbye to his Twitter takeover plans. (Photo: dpa) Do you know the little story by Christian Morgenstern “Luck and Unhappiness”? When a horse…
German industry is sitting on a backlog of orders – record range
Cargo ships in Hamburg Within a year, the backlog of orders increased by 16.9 percent. (Photo: IMAGO/Chris Emil Janssen) Berlin In view of delivery problems and production delays, the backlog…