Short-time work: Germany resorts to well-proven tool again
By DW
06 July 2019 |
1:48 pm
Surveys have shown that more and more German companies are reintroducing short-time work to cushion the impact of a creeping economic slowdown. That policy tool had worked miracles during the global financial crisis.
In this article
Related
31 May 2020
Reported earnings from companies on the BRVM Stock Exchange have been largely mixed. Myriam Ouattara, Portfolio Manager at EDC Asset Management joins CNBC Africa to breakdown some of these results.
13 Jun 2020
The need in Europe for tighter rules on US internet giants has become "urgent," says its anti-monopolies chief Margethe Vestager. Brussels is seeking submissions by September on its planned 'Digital Services Act.'
12 Jul 2020
The global top 100 companies have continued to outperform industry peers even amid the market volatility caused by Covid-19. Microsoft, Apple Netflix and Tesla are amongst those who have seen increased market capitalisation during Covid-19, joining CNBC Africa for more is Alice Tomdio, Director of Capital Markets at PwC Nigeria.
10 Sep 2020
Global utility companies have been slow to go green, undermining efforts to tackle climate change, a new report says. But that may be changing.
11 Nov 2020
Port users accuse customs, shipping companies of frustrating trade facilitation
6 Mar 2021
Microsoft said hackers exploited a bug in its email server software, which affected organizations rather than private accounts.
19 Mar 2021
The US State Department called for companies to cease activity on the controversial pipeline or face sanctions. The US has slammed the project as a Russian plan to "divide Europe and weaken European energy security."
10 Jul 2021
The UN Security Council accuses Russian mercenaries of human rights violations in the Central African Republic. Western mercenaries and companies also operate in Africa — often in a highly opaque manner.
22 Jul 2021
Four drugs companies in the United States have agreed to pay up to $26 billion to settle claims that they fuelled an opioid addiction crisis in the country. The deal was unveiled by a group of state attorneys general and could settle thousands of cases over the epidemic. Opioid addiction is estimated to have claimed over one million lives in the US. Individual states and local governments will now have to sign up to the deal, but there are divisions over how the payout will be shared.
13 Sep 2021
US President Joe Biden says a "distinct minority of Americans" are to blame for preventing the United States from overcoming the pandemic during a speech from the White House on the nation's fight against the Covid-19 Delta variant. He says he will mandate companies with 100 or more employees to vaccinate all workers or administer weekly Covid-19 tests in a new effort to defeat the surging Delta virus.
7 Nov 2021
Tens of millions of working Americans will need to be vaccinated or tested weekly for COVID-19 by early January under new government rules. Companies that fail to comply could be fined thousands of dollars.
18 Nov 2021
Pharma giants are earning millions every day with COVID vaccines, but leaving poorer nations in the lurch, an activist alliance says. The WHO reports that the delta variant has "outcompeted" others. DW has the latest.
Latest
28 mins ago
After suffering racism while fleeing the war in Ukraine, many Africans say they are now experiencing further discrimination in Germany.
28 mins ago
Rwanda has said the Congolese military shelled Musanze district in the north of the country, wounding several civilians.
28 mins ago
German Economy Minister said the EU was close to finally agreeing on a ban on Russian oil imports as the war in Ukraine enters the fourth month.
2 hours ago
Accra residents were grappling with flash flooding on Tuesday (May 24) after heavy rain hit the Ghanaian capital overnight.
2 hours ago
A controversial public health order invoked by the Trump administration in 2020 to curb the spread of COVID-19 in migrant holding facilities was due to be lifted on Monday. But a federal judge has quashed the move.