Economy

Newspaper: Deutsche Bank employs IT workers from Russia in Germany

Newspaper: Deutsche Bank employs IT workers from Russia in Germany

Photo: ANP Deutsche Bank employs approximately 1,500 employees in Germany in its IT sector in St. Petersburg. Business newspaper Handelsblatt reports this locally. Several hundred employees are said to have already switched to a technology center set up by the bank in Berlin. Deutsche Bank declined to comment on the news. In a written statement, Germany’s largest financial services provider …

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Turkey no longer wants to be called ‘Turkey’. What is behind it?

Turkey no longer wants to be called 'Turkey'.  What is behind it?

Turkey is now officially called Türkiye, meaning ‘Turkey’ in Turkey. Last week, the Turkish government sent a letter to the United Nations urging it to use the name Türkiye. A UN spokesman said the name change came into effect from the moment the letter was received by the UN. There is no problem in using the letter ‘⁇’ which is …

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Chinese taxi service flies on Wall Street

Chinese taxi service flies on Wall Street

Photo: ANP Didi Global rose more than 56 percent on Monday in stock markets in New York. Investors have welcomed a report in the business newspaper The Wall Street Journal that Chinese officials will end their investigation into the taxi service this week. Uber’s competitor was, among other things, suspected of illegally collecting personal data from users and violating competition …

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Russian newspaper: Agreement on the supply of grain to Ukraine via Odessa

Russian newspaper: Agreement on the supply of grain to Ukraine via Odessa

Photo: ANP Ukraine will supply grain via the Black Sea from the hitherto banned port of Odessa. According to the Moscow-based newspaper Izvestia, according to Russian government sources, an agreement has been reached with Russia on distribution. Russia and Turkey are said to have agreed on a road map. In doing so, Turkey will clear the coastal area near Odessa …

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There is not enough support to acquire the manufacturers of Badawas and Sparta

Weer

Sufficient shareholders have expressed support for acquiring Accel, a well-known bicycle manufacturer for brands such as Batavus and Sparta. The deal is worth 1.6 billion euros. The deadline for shareholders to offer their shares to the US KKR-led group of investors ended Friday evening. Some key shareholders have already announced that the offer is too low. KKR and other buyers …

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America’s largest foreign investor in Belgium

America's largest foreign investor in Belgium

Belgium is attractive to foreign investors led by US multinationals. This is evident from the adviser EY’s annual barometer, which comes out on the day the unions take action in the public sector. You may not expect this due to the rumors about the US multinational 3M and the alarming reports about higher wage costs in Belgium, but Belgium is …

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Tesla lost on Wall Street, focusing more on the US jobs report

Tesla lost on Wall Street, focusing more on the US jobs report

Photo: ANP Tesla was the biggest loser on the New York Stock Exchange on Friday. The electric vehicle manufacturer may say goodbye to 10 percent of its employees. Investors on Wall Street are also reacting to the US government jobs report. This shows that more jobs have been created in May than expected. The jobs report may affect the Federal …

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Outrage in the UK over Johnson’s plan to reintroduce the old British mate

Outrage in the UK over Johnson's plan to reintroduce the old British mate

Listen to the audio version of this article below 15 15 British Prime Minister Boris Johnson can count on the necessary criticism from his own ranks in response to his plan to reintroduce the old measures of the British colonial empire in addition to the metric system. Lord Stuart Rose, a member of the Conservative Party in the House of …

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