A strange strike by the Czech Post
Czech Post employees are on strike. They demand improved working conditions. According to unions, about a third of employees joined the strike. The strike should take the form of a slowdown in work. According to the company’s management, this did not limit the operation of the post office.
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Every tenth Czech is at risk
The share of Czechs at risk in debt has reached 11 percent this year. It is more frequent among men, often between the ages of 27 and 53, with a basic education and living outside Prague. This follows from a survey by the Czech Banking Association.
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What is risky behavior? For example, when people borrow despite the fact that they cannot save, when they have three or more loans or when they repay another with one loan.
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Most often, people borrow through installment purchases, overdrafts, other types of credit or through a credit card.
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43 percent of Czechs now repay a loan. They mainly bought a car or a motorcycle for it or renovated the apartment. He most often owes up to 200,000 crowns. 17 percent of Czechs declare that they have never borrowed money for anything.
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Some distributors have used a legal loop to fix energy prices
The current significant rise in energy prices should not affect consumers who have contracts with distributors with a temporarily guaranteed price. Sometimes, however, the so-called “fix” is only illusory, in the case of a contract of indefinite duration. The Energy Regulatory Office advises people to check contracts and not get used to change if the price is fixed.
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Travelers owe 20 million on vouchers
By mid-September, all money for vouchers was to be in clients’ bank accounts. But the travel is still around 20 million. Some of them have nothing to return from and are begging for patience. Some clients will receive the money until the end of the year.
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The marijuana business earns more than technology giants
The legalization of cannabis for medical purposes in the USA is helping the shares of Innovativ Industrial, which is linked to the cannabis business. Revenues are more than 98 percent higher than a year ago. Such growth also surpassed the shares of companies such as Tesla, Apple and Microsoft.
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China’s largest developer on the verge of bankruptcy sells assets
The largest Chinese developer Evergrande no longer has its own commitments. He therefore decided to sell part of his business to the regional bank Shengjing Bank, which is one of its main creditors. The share price exceeds 33 billion crowns.
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Czech doors want to break through quality, not price
The leading manufacturer of doors and frames Sapeli wants to penetrate the demanding Western European markets with the Unlimited concept. This year, the brand focused on the German and Austrian markets. “Undermining the price is not the way to go,” the heads of the company from Polná near Jihlava tell the Business List of News.
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Dearest Bond?
A new Bond film called No Time to Die could go down in history by fighting the covid and not backing down. The creators did not want to release it on streaming platforms, so it goes to cinemas with a year and a half long delay. To make money on himself, he would have to make almost a billion dollars.
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Keep an overview of business events from previous days in a quick video HEREif you want a quick overview of today’s economic news, go HERE, and if you are really interested in business and want to see its top form, look SEM.
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