The European Commission is delaying a legislative proposal for an EU tax on internet companies and other digital platforms, the so-called digital tax. According to a spokesman, the daily EU board first awaits the further elaboration of the tax agreement that was reached this weekend in Venice among the […]
Business
After being tied up in the Suez Canal for a week and chained in Egypt for more than three months, shipping company Evergreen will get hold of the large container ship Ever Given again on Wednesday. This happens after an agreement on the payment of compensation to channel authority […]
Automotive group Stellantis will build electric cars at its factory in the British Ellesmere Port. For this, an investment of 100 million pounds, converted 117 million euros, is made in the factory near Liverpool. Stellantis is the parent company of brands such as Peugeot, Citroën, Opel, Fiat, Vauxhall and Jeep. […]
The stock exchanges in New York opened Friday with small gains on the last trading day of the week. Investors on Wall Street are mainly focused on the crucial US government jobs report. It showed that employment in the United States increased more than expected in June, with the labour […]
US banks rose on the stock exchanges in New York on Tuesday. After a successful stress test by the Federal Reserve, they will soon be able to buy back their own shares, and they immediately took advantage of that. For example, Morgan Stanley is going to buy back its […]
The Bank of England (BoE) has not yet raised interest rates in the United Kingdom. The British central bank is also not yet tampered with the purchase program of, especially government bonds. Policymakers say they see inflation rising as the economy is growing fast after the corona crisis, but […]
Audi will stop producing cars with combustion engines in 2033. The German brand no longer puts engines that run on fossil fuels in new models seven years earlier. They will all be electrically powered. However, only the models introduced before 2026 will still be available with a petrol or […]
As far as the European Commission is concerned, Germany can receive 25.6 billion euros in subsidies from the European corona recovery fund. The recovery plan submitted by the government in Brussels meets the conditions and will help Germany emerge stronger from the Covid-19 pandemic, according to the EU daily […]
The British government has received 1 billion pounds back from companies that have received some form of wage support. In retrospect, these companies were not entitled to the subsidies or returned the money on their own initiative. The British tax authorities report that nearly £709 million of the aid […]
Following the example of truck manufacturer Volvo, car manufacturer Volvo Cars is going to look at the possibilities of producing cars from fossil-free steel. That is steel that has been produced without the use of fossil fuels. Volvo Cars, like its former sister company, is entering into a partnership […]
