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DAX firmer – Asian exchanges mostly in red – US Fed: Corona crisis hits the economy hard – Zalando posts red operating figures – Drägerwerk raises forecast | message

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The domestic stock market shows its friendly side on Thursday. Of the DAX opened 1.37 percent higher at 10,420.26 meters and is clearly in the profit zone in the further course of trading. Also the TecDAX is currently increasing significantly after rising by 0.45 percent to 2,806.41 points at the start. After a few retail … Read more

Oil rises after hitting its lowest level in 18 years

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Oil rose on Thursday after sharp losses incurred in the previous session on hopes that a significant increase in US stocks may mean that producers have little choice but to deepen production cuts as the Corona Virus pandemic crushes demand. With the release of official data showed that US crude inventories rose by the largest … Read more

“I’m having trouble paying my credit”, “I have given up all the unnecessary expenses” … Partial unemployment is already being felt on their finances

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Nantes, confined on March 1 st – Marin Driguez / SIPA To date, 8 million workers are on partial unemployment, receiving compensation up to 70% of gross salary and 84% of net salary (100% if they are on minimum wage). Even if these employees know they are better off than the self-employed, this situation has … Read more

Börse Express – Aktien Frankfurt Outlook: Dax after a setback before a friendly start

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After a cloudy Wednesday, the German Stock market on Thursday again demonstrated its resilience put. The indications for the Dax tended again in the morning more positive, but not yet clear enough for a definite recovery to call out. The X-Dax as an indicator for the German Leading index Dax signaled almost an hour before … Read more

Ex-Swiss boss leaves VR of the airline

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Ex-Swiss boss Harry Hohmeister is leaving the board of directors of the Swiss airline because he has to deal with the corona crisis at the parent company Lufthansa. (Archive) Source: KEYSTONE / NICK SOLAND There have been two changes on the Swiss Board of Directors. The two board members Harry Hohmeister and Ulrik Svensson stepped … Read more

Corona crisis causes Zalando high losses

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Last year, Zalando made a small profit of more than six million euros in the first three months – but the coronavirus pandemic affects Europe’s largest online fashion retailer. In the first quarter of this year, Zalando slid deep into the red in adjusted operating profit (Ebit) and expects a loss of between 90 and … Read more

In China, 46 cases of coronavirus infection were detected per day

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Chinese authorities on Thursday reported 46 new cases of coronavirus, 34 of which were imported from outside the country. No new deaths from coronavirus recorded, said the PRC Of the internal cases, three were reported in Beijing. Four more cases were identified in the northeastern Heilongjiang province, reports AP. Recall that in China, 90% of … Read more