The German “balance police” is about to end

Düsseldorf On July 3, 2015, the then Federal Minister of Justice Heiko Maas (SPD) put warm words into a speech. He spoke on the tenth anniversary of the German Audit Office (DPR), which is often referred to as the German “accounting police”. It is your job to take a close look at the company’s annual […]

Rating agency Moody’s warns of “substantial risk” at Tui

Empty luggage straps at the Tui check-in Even before the corona crisis in December, Moody’s had downgraded the Hanoverian group’s credit rating to “speculative”. (Photo: dpa) Dusseldorf A week after the presentation of Tui’s quarterly figures, the rating agency Moody’s on Wednesday drastically tightened the warnings of a credit default by the holiday provider by […]

Tui is considering separating losers

Tui boss Fritz Joussen Joussen demands that the loss-making parts of the company cut costs. (Photo: dpa) Frankfurt Travel company Tui is considering separating loss-makers. A company spokesman confirmed a corresponding report from the “Frankfurter Allgemeine Zeitung” (Tuesday) on Monday evening. First of all, however, an attempt should be made to make the corresponding parts […]

There is a shortage of offers on the North and Baltic Seas

Dusseldorf The tour operator DER Touristik promises crystal clear lakes, “an impressive mountain panorama and traditional, richly decorated villages”. “Spectacular looks”, enthuses the advertising text, abound on the trip. We’re not talking about the Himalayas or the Peruvian Andes, but about the Bavarian Tegernsee. Those who are studying the travel offers of the Rewe subsidiary […]

Mallorca wants to open to tourists in June

Closed beach near Palma de Mallorca Economic output is slumping by 30 percent. (Photo: imago images / ThomasReiner.pro) Madrid The Balearic Islands have been hit particularly hard by the slump in tourism. The people there generate around a third of their economic output from the travel business. The forecast so far has been bleak: the […]

Borders open – this is what summer leaves could look like

Athens, Istanbul, Madrid, Milan, Paris, Vienna Summer vacation on the Mediterranean? So far, this seemed hopeless in Corona year 2020. But now Europe’s entire tourism industry is building new hope. The federal government plans to restore freedom of travel in the Schengen area by June 15. Interior Minister Horst Seehofer announced this. The travel group […]

Dax closes deep in the red – Fed boss Powell stirs up pessimism

Dusseldorf The stock market showed its weak side this Wednesday. At the close, the Dax was down 2.6 percent at 10,543 points. For the MDax of medium-sized values, it was only a good one percent down to 23,546 points. In addition to the fear of the negative consequences of rapid easing in the corona crisis, […]

Dax slips according to weak guidelines

Landesbank Helaba experts looked at the overall market for all stocks traded in Germany. Your finding: The ratio of winners to losers and the trading volumes on both sides are remarkable and negative: On Monday, 382 titles posted price gains, while 474 went down. However, the trading volume on the losing side was five times […]