At first glance, the German labor market looks quite healthy. Unemployment has almost halved since a series of reforms in 2005 ushered in a new era of job creation. The pandemic has not changed much in the picture either: the unemployment rate has only increased slightly from 5 to 5.9 percent since the beginning of
At first glance, the German labor market looks quite healthy. Unemployment has almost halved since a series of reforms in 2005 ushered in a new era of job creation. The pandemic has not changed much in the picture either: the unemployment rate has only increased slightly from 5.0% to 5.9% since the beginning of the
Indeed, it is a fresh start in several ways. On the one hand, the International Motor Show (IAA) opens its doors to the public as the first major trade fair in Germany since the beginning of the COVID-19 pandemic. It is a glimmer of hope for the hard-hit trade fair industry, which, according to the
Evian and Rothys work together to create a limited edition tennis-inspired capsule collection made from recycled Evian water bottles Evian water and Rothys announced a new partnership to transform the brand’s water bottles collected in September into a limited edition, tennis-inspired capsule collection from Rothy’s. With a shared mission to reduce plastic waste in business
Mexico City, Mexico – Legal cannabis is coming to Mexico and many overseas investors are chewing on it. Mexico is getting closer to full legalization since its Supreme Court ruled in 2018 that banning the drug was unconstitutional. In January, the country’s Ministry of Health put regulations on use for medical purposes. A bill to
Singapore CEOs and their global peers are optimistic about the near future – confident about their own businesses and about the broader economic outlook, according to PwC’s latest CEO survey. More than 5,000 executives worldwide took part in the PwC survey, and the results show a sunny outlook. Three-quarters of respondents worldwide expect economic growth
Welcome to the Business School Briefing. We bring you insights from Andrew Hill and the Business Education team, plus a selection of the top stories read in business schools. Edited by Wai Kwen Chan and Andrew Jack.Bulletin boardThe US Economy: Views from Chicago Booth Recommended The FT launched a series called the FT-IGM US Macroeconomists
Mercedes has canceled its subscription service Mercedes Collection. The two-year pilot, which offers paid access to 30 different models, insurance, breakdown assistance and maintenance, had around 100 participants. The Mercedes Collection offered people a different way of driving than buying or leasing. Apparently the expected profit did not materialize. On the other hand, Mercedes has
Containers on giant ships carrying everything from car tires to smartphones are falling alarmingly quickly, sinking millions of dollars of cargo to the ocean floor as pressures to expedite deliveries increase the risk of security failures. The shipping industry has seen its largest increase in lost containers in seven years. More than 3,000 boxes fell
The creative economy getty The industrial revolution increased the supply of consumer goods, which then required mass marketing to stimulate consumer demand. Today household spending makes up 70% of the US economy. Advertising has played a fundamental role in creating the consumer economy. Many of the world’s best-known brands were built on the basis of
