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Germany to end home office obligation on June 30

Germany to end home office obligation on June 30
trust.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trust.org Daily Mail and Mail on Sunday newspapers.

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UPDATE 1-Beiersdorf shares fall on weak profit outlook


By Reuters Staff
(Adds detail, background)
BERLIN, Feb 17 (Reuters) - Shares in Nivea maker Beiersdorf fell on Wednesday after it said it does not expect a recovery in profitability in 2021 even though sales of products such as sunscreen and luxury skin cream should bounce back as COVID-19 lockdowns are lifted.
Beiersdorf said late on Tuesday that it expects a return to revenue growth for the group as a whole and its consumer business but its operating margin to remain at the same 12.9% level as 2020.
The group’s Tesa adhesives unit is also projected to return to sales growth, but its operating margin is expected to be hit by increased investment. Beiersdorf said on Tuesday that it will invest an extra 300 million euros ($362 million) over the next five years. ....

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German businesses dismayed by further lockdown extension | Hellenic Shipping News Worldwide


German businesses dismayed by further lockdown extension
The German business community expressed consternation on Thursday after Chancellor Angela Merkel and regional leaders agreed to extend the coronavirus lockdown until March 7.
Under the agreement reached on Wednesday, hair salons will be allowed to reopen from March 1 but the threshold for a gradual re-opening of the rest of the economy has been tightened: an infection rate of no more than 35 new cases per 100,000 people over seven days, down from 50 previously.
German retailers are currently losing around 700 million euros ($849.17 million) every day stores stay closed, the HDE sector lobby group said, calling the decision to extend the lockdown “inappropriate and incomprehensible”. ....

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