[ad_1] BERLIN (Reuters) – Online travel startups based in Germany are hunkering down to survive a coronavirus pandemic that threatens to inflict a “nuclear winter” on the travel industry as…
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Wirecard collapse leads to call for German parliamentary inquiry
[ad_1] By Andreas Rinke, Neil Jerome Morales BERLIN/MANILA (Reuters) – Germany’s opposition called on Monday for a parliamentary inquiry into the collapse of payments firm Wirecard after a global fraud…
Boohoo to tackle failings in Leicester supply chain
[ad_1] (Reuters) – An independent review for fashion retailer Boohoo BOOH.L found many failings in its English supply chain after allegations about working conditions and low pay, the company said…
Germany moves to toughen Huawei oversight: sources
[ad_1] By Andreas Rinke, Douglas Busvine BERLIN (Reuters) – The German government is planning tougher oversight of telecoms network vendors that, while stopping short of a ban on Huawei [HWT.UL],…
Germany should aim to be a leader in hydrogen technology: minister
[ad_1] FRANKFURT (Reuters) – Germany should aim to be a leader in technologies needed to make and utilize hydrogen, which offers a green alternative to fossil fuels in the shift…
Old green power plants seek to regenerate as Germany turns off subsidies
[ad_1] FRANKFURT/DUESSELDORF (Reuters) – Wilfried Haas owns a 3 kilowatt solar system which has been running as a micro power station since 1992, helping Germany, Europe’s largest economy, curb its…
Italy’s Intesa sells merchant payments business to Nexi, takes stake
[ad_1] By Valentina Za, Elisa Anzolin MILAN (Reuters) – Intesa SanPaolo ISP.MI is selling its retailers’ payment business to Nexi NEXII.MI in a 1 billion euro ($1.1 billion)deal that will…
TUI secures third bailout in COVID travel slump survival battle
[ad_1] By Arno Schuetze, Michael Nienaber, Klaus Lauer FRANKFURT/BERLIN (Reuters) – TUI secured a third bailout on Wednesday, striking a deal with the German government, private investors and banks for…
Telecom Italia to retain Nokia as supplier, curbing Huawei’s share of 5G radio network – sources
[ad_1] By Elvira Pollina, Supantha Mukherjee MILAN (Reuters) – Telecom Italia has decided to retain Nokia as a supplier and reduce Huawei’s share of a planned purchase of equipment for…
German state ready to buy company stakes to protect core industry
[ad_1] By Paul Carrel, Michelle Martin BERLIN (Reuters) – Germany’s government could take stakes in key domestic companies to prevent foreign takeovers, its Economy Minister said on Tuesday, presenting a…