Amazon’s European web store division has paid no tax for 2021. Bloomberg reported this based on documents it could view.   The European part of the American company had a turnover of 51.3 billion euros last year but had a deficit of 1.2 billion euros below the line. As a […]

Car manufacturer Volkswagen expects to be badly affected by the war in Ukraine this year. It is already disrupting supply chains for materials and components. Moreover, rising prices for commodities like steel could cause even more financial pain.   Nevertheless, in the first quarter, the German group still made a […]

The German sports equipment manufacturer Adidas has drawn a line under its American brand Reebok. The sale of Reebok to the American Authentic Brands Group for 2.1 billion euros has been completed, Adidas announced on Tuesday.   Authentic Brands Group, which owns brands such as Forever 21, Barney’s New York […]

Quick Links