FILE PHOTO: President of Germany’s Constitutional Court Vosskuhle attends the

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FILE PHOTO: Andreas Vosskuhle (2ndL), President of Germany’s Constitutional Court, attends the ruling on the legality of a European Central Bank emergency bond-buying scheme at the court in Karlsruhe, Germany June 21, 2016. REUTERS/Ralph Orlowski/File Photo

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German economy likely to contract in fourth quarter, DIW says

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BERLIN (Reuters) – The German economy probably shrank in the fourth quarter as export-oriented manufacturing continued to decline, the DIW economic institute said on Friday. DIW said Europe’s largest economy probably contracted by 0.1% in the October-December period. “We could at most hope for stagnation,” said DIW economist Claus Michelsen. DIW’s forecast contrasted with a […]
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Ghosn says French envoy told him Nissan was turning against him

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BEIRUT (Reuters) – Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him. “Frankly, I was shocked by the arrest and the first thing I asked is make […]
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Kraft Heinz ask employees to work from home; provide travel restriction

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(Reuters) – Kraft Heinz Co <KHC.O> said on Sunday it has asked office employees to work from home as the coronavirus continues to spread. Kraft Heinz expects employees to work from home except those who cannot perform their roles remotely, it said in a statement, adding that company will not close its offices. “Until further […]