US trade war would make world ‘poorer and more dangerous’

The International Monetary Fund has warned a trade war between the US and China risks making the world a "poorer and more dangerous place" in its latest assessment of the global economy. The IMF has...

Ein M zu wenig profitabel

Migros hat ein Problem mit den Erträgen. Ursache dafür sind nicht betriebliche Unzulänglichkeiten, sondern strukturelle Mängel: In der Führung des genossenschaftlich organisierten Konzerns besteht keine klare Trennung zwischen operativen und überwachenden Funktionen. Die Manager...

Venezuela: Misery of mothers fleeing with young babies amid country’s collapse

A Venezuelan mother tells Sky's Alex Crawford she prefers the desperate conditions at a camp in Colombia to life in her homeland. Desperate mothers are fleeing Venezuela with young babies and toddlers to find better...

Scepticism as Venezuela chops five zeros off currency to curb hyperinflation

President Nicolas Maduro prints a new currency in an attempt to curb hyperinflation, which is forecast to reach 1,000,000%. Venezuela is facing its first day of trading after the president removed five zeros from the...

HOW A NEW KIND OF SWISS STORE CHANGED THE WAY SWISS SHOP!

Seventy years ago, buying groceries in Switzerland and the rest of Europe changed forever when the Swiss retailer Migros opened a new kind of store in Zurich. In March 1948, Migrosexternal link founder Gottlieb Duttweiler introduced the first...

No clean-up of nuclear leak in South Carolina for years

HOPKINS, S.C. (AP) — Federal regulators say the Westinghouse Electric Company has no plans to clean uranium leaks at a nuclear fuel plant despite evidence that it could reach South Carolina’s water supply. Instead, Westinghouse...

Greek bailout ends, but Europe’s debt problem goes on

FRANKFURT, Germany (AP) — Greece officially completes its bailout program on Monday, after eight years of cutbacks enforced in return for massive loans and an economic collapse on the scale of the Great Depression. The...

Musk tells newspaper he’s cracking under stress of Tesla job

What do you do when your CEO confesses that he’s cracking under the stress of his job? That’s the question that the nine board members of electric car and solar panel maker Tesla Inc. must...

Former US security leaders blast Trump for yanking clearance

WASHINGTON (AP) — Former U.S. security officials issued scathing rebukes to President Donald Trump on Thursday, admonishing him for yanking a top former spy chief’s security clearance in what they cast as an act...

Leading Swiss retailer axes 290 jobs

Migros, the biggest retailer in Switzerland, has announced it will cut 290 full-time jobs over the next three years following a drop in profit. The federation of cooperatives said in a statement it was making itself fit...

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