Coronavirus is directly hitting earnings of German industrial firms: Ifo

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The earnings situation in Germany's mighty industrial sector is only improving slowly and the coronavirus crisis is still directly hitting the earnings of industrial firms, Germany's Ifo institute said on Thursday.

FILE PHOTO: A worker controls a tapping of a blast furnace at Europe's largest steel factory of Germany's industrial conglomerate ThyssenKrupp AG in the western German city of Duisburg December 6, 2012. REUTERS/Ina Fassbender/File Photo

BERLIN - The earnings situation in Germany’s mighty industrial sector is only improving slowly and the coronavirus crisis is still directly hitting the earnings of industrial firms, Germany’s Ifo institute said on Thursday. Ifo said its indicator for industrial firms’ earnings was at -32 points in September, a slight improvement from -43 points in May, when Ifo last asked companies about their earnings.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

i thought this was a mandalorian ad

In other news, themandalorian kicks off July 4th several weeks late due to coronavirus sparkly things up in his face

When Azerbaijan fails at the battlefield, powerless he starts bombing non-military targets. That happened yesterday in Martakert, where we unfortunately have 3 civilians killed. StopTurkey StopAzerbaijaniAggression StopAliyev peaceinNK

Ngl thought this was Boba Fett at first

In all countries

This is the most intense photo selection for 'German Industrial Firm' I could imagine.

Singapore Singapore Latest News, Singapore Singapore Headlines