ROUNDUP 2: VW is still coping well with the chip crisis – but there are considerable risks
WOLFSBURG – The Volkswagen (Volkswagen (VW) vz) group also made significantly higher profits in 2021, despite the tough supply crisis with microchips. Like BMW, Mercedes-Benz (Mercedes-Benz Group (ex-Daimler)) or the Opel mother Stellantis, the Wolfsburg-based company managed to improve its financial figures. For the current year, Europe’s largest car group has so far been quite confident. However, the war in Ukraine in particular, with its unpredictable consequences for energy and raw material prices and the security of vital supply chains, is causing unrest.
Deutsche Bank to shut down remaining business in Russia
FRANKFURT – Deutsche Bank is in the process of shutting down its business in Russia following the Russian invasion of Ukraine. Also, no more new business will be done there, as the bank announced on Friday evening. “At the same time, we are helping our existing non-Russian international clients to scale back their operations in the country.”
BVB wins Haaland comeback: Tedious 1-0 over Bielefeld
DORTMUND – Celebrated comeback by Erling Haaland, hard-fought victory over Bielefeld – Borussia Dortmund (BVB (Borussia Dortmund)) is finding new hope in the Bundesliga title fight. With a 1-0 (1-0) win over the severely decimated Ostwestfalen, the Revierclub consolidated second place in the table and could reduce the gap to the leaders from Munich to four points with a win next Wednesday in the catch-up game at FSV Mainz 05. Accompanied by the return of Haaland, who came on as a substitute in the 63rd minute, after a seven-week forced break, Marius Wolf (21st minute) ensured the Revierclub’s deserved victory in front of 33,000 spectators at Signal Iduna Park.
Colgate-Palmolive restricts deliveries to Russia
NEW YORK – The consumer goods giant Colgate-Palmolive only sells essential health and hygiene products for everyday use in Russia. The delivery of all other items had been stopped, the US group announced on Friday in a statement on the Russian war in Ukraine. Numerous Western companies have already suspended their business in Russia, including Coca-Cola and McDonald’s (McDonalds).
Left call for a round table on Tesla and water
POTSDAM – In view of the impending water shortage for the factory of US electric car manufacturer Tesla after a court ruling, the left-wing faction in the Brandenburg state parliament is calling for a round table. The Ministry of the Environment, the responsible water association Strausberg-Erkner (WSE), those affected and stakeholders in the region should be there, said the environmental policy spokesman for the Left Group, Thomas Domres, in a statement on Sunday. This is the only way to work out the necessary measures for a safe water supply for the people in the region, a healthy water balance and the needs-based supply of the Tesla plant.
Gazprom: We are fulfilling contractual obligations to supply gas
MOSCOW – Despite the war in Ukraine, the Russian energy company GAZPROM claims to be fulfilling its contracts for gas deliveries through the neighboring country to Europe. On (today) Sunday, 109.6 million cubic meters were pumped through the pipes, said the spokesman for the state energy company Gazprom, Sergei Kupriyanov, according to the TASS agency. The day before it was 109.5 million cubic meters. According to the contract, Gazprom will supply 40 billion cubic meters of gas annually.
Rostock power plant: EnBW wants to burn less Russian coal
ROSTOCK – The shareholder of the Rostock hard coal power plant, the Karlsruhe energy supplier EnBW, wants to reduce the dependency on Russian coal supplies. This had already started at the end of last year, EnBW announced on request. In addition to the suppliers in Colombia, South Africa and the USA, further procurement options from Australia, Africa and Asia are now being examined in the medium term. In addition to EnBW, Cologne’s Rheinenergie is a shareholder in the power plant.
TV ratings: ZDF thriller before show marathon ‘Small vs. Large’ in the first
BERLIN – You can rely on “Helen Dorn”: The crime series with Anna Loos as an investigator was also the most successful show on German television in terms of ratings on Saturday evening. 6.55 million viewers (market share 22.4 percent) wanted to see the episode “The Red Cloth”, in which an arson attack resulting in Dorn’s death leads into the left-wing extremist scene. On the other hand, even presenter Kai Pflaume cut back with his marathon game show “Small vs. Large”: 5.42 million (20.5 percent) spent a long evening with it.
Verdi is calling for warning strikes at airports on Monday
BERLIN – Verdi is calling on security forces in passenger control at several German airports to go on all-day warning strikes for Monday. According to the union, strikes are to take place at the airports in Düsseldorf, Cologne/Bonn, Berlin, Bremen, Hanover and Leipzig. The warning strikes are part of the collective bargaining conflict between Verdi and the Federal Association of Aviation Security Companies (BDLS). The union is negotiating with the employers’ association about a new collective agreement for around 25,000 security forces nationwide.
Ukraine war cuts steel supply – India sees opportunity
BERLIN/NEW DELHI – The Ukraine war and the resulting sanctions imposed on Russia have reduced the supply of steel worldwide and caused prices to skyrocket. Ukraine and Russia are responsible for around ten percent of international steel trade, steel expert Jayanta Roy from the Indian rating agency ICRA told the German Press Agency. Due to the war and sanctions, exports from both countries could now fail. Yesterday, the EU, together with the USA and other allies, agreed on further punitive measures against Russia. Among other things, the new EU sanctions package provides for a ban on the import of “essential goods in the iron and steel sector from the Russian Federation,” according to a statement by EU Commission President Ursula von der Leyen.
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Additional Reports
-ROUNDUP: Youtube Bans Russian Invasion Denial
– Aeroflot Vice President resigns and leaves Russia
-More and more prefabricated houses are being built in Germany
-Aiwanger demands commercial diesel for 1.50 euros per liter
-Lidl and Kaufland no longer offer Russian goods
-Expert: Germany less well prepared against cyber war than Ukraine
– BACKGROUND/Fashion: Why do we buy more than necessary?
-CSU boss Sder wants to speed up the rearmament of the Bundeswehr
-‘Ballermann’ entrepreneurs commit themselves to rules of conduct
-Bermuda deprives Russian planes of airworthiness
-ADAC: The expensive fuel is only a small part of the car costs
-Ukraine war major challenge for Bulgaria’s tourism
-Almost all players tested: Mainz wants to play against Dortmund
-Agricultural Traders: Food becomes more expensive
-Lindner brings more oil and gas production in the North Sea into play
-Lower fuel prices inPoland – gas stations fear for existence
-NRW airports are expecting numerous flight cancellations due to warning strikes
-Less dependence on Russia’s energy: Habeck sees progress
-Secretary of Defense Lambrecht: There will be no spending spree now
-Ukraine: Power supply to the former Chernobyl nuclear power plant is running again
-Ukrainian government wants to help farmers
-Mexico outraged by EU Parliament resolution on violence against press
-Ost-Chemie fears a new cost shock due to the Ukraine crisis
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.
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