OVERALL ROUNDUP 2: Consequential storm weekend – dead and millions in damage
BERLIN – Storm and no end: After “Ylenia” the hurricane “Zeynep” caused deadly accidents and millions in damage at the weekend. And with “Antonia” threatened another storm in the night of this Monday. Rail traffic was persistently disrupted, especially in the north and north-east of Germany. At least six people died in accidents in Germany when “Zeynep” and “Ylenia” passed through. According to initial estimates, the two hurricane lows are likely to cost insurers more than 1.4 billion euros. “Zeynep” caused insured damage of over 900 million euros, said the management consultancy Meyerthole Siems Kohlruss (MSK) in Cologne, which specializes in actuarial mathematics. It was the most intense storm since “Kyrill” in 2007. The company estimated the insured losses from the storm “Ylenia” at 500 million euros.
VW: shifts out for the time being only in Wolfsburg, but ‘difficult to endure’
WOLFSBURG – The possibly prolonged elimination of many shifts from April will remain at Volkswagen (Volkswagen (VW) vz) for the time being limited to the main plant in Wolfsburg – but the works council is putting pressure on better chip purchasing. “We had to phase out temporary work at almost all locations and therefore changed course at the turn of the year,” said Human Resources Director Gunnar Kilian of the German Press Agency. Plants such as Emden are already geared towards two shifts instead of three shifts at VW. Works council chief Daniela Cavallo emphasized: “We have full order books. But the semiconductors are missing. That doesn’t go together and it’s hard to bear.”
ROUNDUP/Press: Credit Suisse had autocrats and criminals as clients
MNICH/BERLIN – According to a media report, the Swiss bank Credit Suisse (Credit Suisse (CS)) is said to have accepted autocrats, drug dealers and suspected war criminals and human traffickers as customers for years. According to research by the “Sddeutsche Zeitung”, this is confirmed by data from the financial institution, which the newspaper says it was leaked from an anonymous source. The “SZ” evaluated the documents together with the NDR and WDR as well as several other international media partners, including “Guardian”, “Le Monde” and “New York Times”.
The government expects the first Novavax delivery from Monday
BERLIN – The first doses of the corona vaccine from the US manufacturer Novavax are expected in Germany in the new week. “We expect the first delivery to start on Monday,” said a spokeswoman for the Federal Ministry of Health on Sunday in Berlin. Health Minister Karl Lauterbach (SPD) said on Friday that 1.4 million doses were expected on Monday. When the vaccine is used is a matter for the federal states. Some countries have announced vaccinations from the first week of March.
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Additional Reports
-Daimler works council: New jobs when the shortage of materials is eliminated
-Lithuania and Taiwan open joint semiconductor center
-Increased energy costs: Italy wants to increase its own gas production
-Staples wholesale division unaffected by OfficeCentre bankruptcy
-EnBW boss Mastiaux warns against too many charging stations
-US imports of Mexican avocados resume after freeze
-Initiative for more origin labels for food
The federal government wants to relax corona travel rules before the Easter holidays
The federal government removes Spain, Great Britain and the USA from the corona risk list
-Cyberprofessor: Include hacker defense in the training
-Pakistan tightens laws on online content
-ROUNDUP: Ethiopia starts electricity production with controversial Nile dam
-ROUNDUP: Lufthansa will initially suspend most Ukraine flights from Monday
-Frankfurter Mainova under pressure due to excessive prices for new customers
-Experts want to put out fires on freighters with VW Group cars at sea
Customer Note:
ROUNDUP: You are reading a summary in the company overview. There are several reports on the dpa-AFX news service on this subject.
/jha