FRANKFURT—The eurozone housing market is heating up, increasing the chances of a correction in both the residential and commercial segments, the European Central Bank said in a stability report on Wednesday. With families building up savings during pandemic and increasingly working from home, demand for property is on the rise, pushing house price growth to…
Lufthansa Launches $2.5 Billion Capital Increase to Repay State Bailout
FRANKFURT—Lufthansa said on Sunday it would launch a capital increase that was expected to raise 2.14 billion euros ($2.51 billion) to pay back part of a state bailout Germany’s top airline received during the coronavirus crisis. The subscription period for the widely-expected rights issue, involving the issue of about 597.7 million new shares, would run…
Ford’s Europe Sales up 43.7 Percent in the Second Quarter
By Jordyn Grzelewski From The Detroit News Ford Motor Co. netted 242,618 sales in Europe in the second quarter, for a 43.7 percent increase over the same period last year. Meanwhile, Ford’s European sales of more than 500,000 vehicles through the first half of the year represent a 22.6 percent improvement over last year, when…
Increase Revenue Through Subscription Services
When one thinks of subscription services, the first thought that comes to mind is newspapers or magazines. While periodicals may have established the subscription model over a century ago, more and more businesses are successfully adopting it. From razor blades to socks, the subscription service model is more popular than ever. If your business is…
Australian Retail Sales Rose in November
Retail sales in November were up 7.1 percent on the previous month, after statisticians increased their preliminary estimate by 0.1 percent. Victorians were largely responsible for the sizeable improvement on October trade, evident in the Australian Bureau of Statistics’ improved report on January 11. Victoria’s retail sales grew by 22.4 percent (previously estimated to be…
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