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...

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...

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...

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...

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...

Opinion

European models of home ownership: so how do they do it in Italy? Even the Italian obsession with bricks and mortar has fallen foul of the market, writes Paddy Agnew Italian house prices climbing When we arrived...

Hundreds missing, several feared dead after Laos dam collapse

Hundreds missing, several feared dead after Laos dam collapse Screen grab taken on handout video footage from ABC Laos on July 24, 2018 shows people sitting on a rooftop of a house surrounded by floodwaters...

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...

North Korea economy shrinks at sharpest rate in 20 years as sanctions bite

North Korea economy shrinks at sharpest rate in 20 years as sanctions bite North Korean leader Kim Jong-un speaks to officials as he inspects the construction site of a hydroelectric power plant in North Hamgyong...

News World News

US wants a fair trade deal, Trump tells EU leaders Donald Trump met European Commission President Jean-Claude Juncker at the White House. European Commission President Jean-Claude Juncker meets Donald Trump (Evan Vucci/AP) US President Donald Trump has...

TRENDING RIGHT NOW