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Sports Brand Puma Benefits From High Demand
The German sports brand Puma did good business in the first quarter with the sale of its sneakers, clothing and other items. Turnover rose by almost 20 percent to 1.9 billion euros compared to a year earlier. Gross profit increased by 27…
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Chinese Drone Manufacturer DJI Suspends Operations in Russia and Ukraine
China's DJI, the world's largest manufacturer of civilian drones, is suspending its commercial activities in both Russia and Ukraine. The drone builder is one of the few Chinese companies to take such an initiative publicly.
China…
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Beijing Will Test Even More Massively for Corona
After a few dozen new corona infections, Beijing has decided to expand the massive testing program even further with eleven additional districts.
Effective immediately, about 90 percent of the Chinese capital's 21 million residents…
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Wall Street Falls Ahead of Microsoft and Alphabet Results
Stock markets in New York were slightly lower on Tuesday after the rebound a day earlier. Investors remained cautious amid interest rate fears and concerns about the economic impact of the corona lockdowns in China.
In addition, we…
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UN: Nearly 13 Million Ukrainians on the Run
More than 12.7 million people have been displaced since Russia invaded Ukraine two months ago.
Of these, 7.7 million sought safer shelter within Ukraine, and more than 5 million Ukrainians fled abroad, the UN refugee agency…
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Primark Cannot Escape Price Increases Due to Inflation
The clothing at budget chain Primark is becoming more expensive. According to British parent company AB Foods, the company cannot avoid raising prices for certain items due to high inflation.
The group reported a trading update for…
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Trump Does Not Return to Twitter Despite Takeover by Musk
Former US President Donald Trump will not return to Twitter even if he gets his account back due to Elon Musk's takeover of the social media company. He said that on the American channel Fox News.
"I'm not going back to Twitter;…
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Russia: Temporary Ceasefire at Mariupol Steel Plant
Russia has announced a temporary ceasefire on Monday for the Mariupol steel plant area. According to Ukrainian officials, about a thousand civilians reside on the enormous terrain of Azovstal.
The defence ministry in Moscow has…
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