Category: Finance

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Will the coronavirus pandemic result in a pilot shortage?

Will the coronavirus pandemic result in a pilot shortage?

Nils Wulkop has just received his new shift plan. Looking at it, he sees he won't be flying at all in the days ahead. The 51-year-old is a Lufthan [...]
Black entrepreneurs in Berlin: Kwame Owusu

Black entrepreneurs in Berlin: Kwame Owusu

When Kwame Owusu moved from his native Ghana to Berlin as a young boy in the 1980s, the life that stretched out before him was anything but clear. [...]
Beijing's security law threatens Hong Kong's financial hub status

Beijing's security law threatens Hong Kong's financial hub status

Just a few short years ago, to disembark from the Beijing flight at Hong Kong International Airport was to take a step into a freer environment. W [...]
Pilot shortage leaves aviation restart up in the air

Pilot shortage leaves aviation restart up in the air

Nils hasn't operated the joystick or replaced the control column on the A320 since March. "I'd never have expected the grounding would be so long, [...]
German short-time work cushions unemployment rate

German short-time work cushions unemployment rate

The jobless rate in Germany only rose marginally in June, official data showed on Wednesday, signaling that the European economic powerhouse's lab [...]
Dodge Brothers: From family ownership to corporate underling

Dodge Brothers: From family ownership to corporate underling

Most of the thousands of US automotive startups in the past 120 years failed to even get off the ground. Others rolled along for a while and then [...]
German rail operator Deutsche Bahn warns of worst-ever losses

German rail operator Deutsche Bahn warns of worst-ever losses

Chief executive Richard Lutz on Tuesday said the state rail operator was hemorrhaging cash "in the three-digit-millions" each month, and that the [...]
US: Where lawsuits are as common as apple pie

US: Where lawsuits are as common as apple pie

Werner Baumann was seen heaving a sigh of relief. The chief executive of Leverkusen-based chemicals behemoth Bayer had every reason to do so follo [...]
Life after lockdown: Virtual events could be here to stay

Life after lockdown: Virtual events could be here to stay

One of the joys of attending conferences pre-COVID were spontaneous meetings, corridor chats, and drinks with like-minded people. This was all but [...]
German government endorses ECB bond-buying bid after courts clash

German government endorses ECB bond-buying bid after courts clash

Germany's finance ministry backed a disputed stimulus program pushed by the European Central Bank (ECB), paving a way past the power struggle betw [...]
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