Business

Credit Suisse is once again in the red, partly due to the war in Ukraine. Due to the conflict, the Swiss financial group has announced that it is dealing with a financial blow of 200 million francs, converted into almost 195 million euros.   Once again, the bank is set aside a lot of money for legal proceedings about scandals that have been going on for some time. Credit Suisse decided in March to stop issuing new loans in Russia because of the war, a step that many parties in the financial sector have taken. However, the bank is probably not the only financial group to experience losses due to the Russian invasion of Ukraine. For example, Société Générale recently announced its withdrawal from Russia by selling its stake in Rosbank. As a result, the French bank has to write off bi...

Amazon is under fire because a slew of tornadoes in the US state of Illinois destroyed a department store and killed six people. The relatives wondered about the procedure followed when it became clear that a potentially dangerous storm was on the way.   How quickly did executives at the Amazon department store in Edwardsville intervene when it became clear that a devastating tornado was on the way? That is the question that some relatives of the six fatalities, who died when the roof collapsed, are asking themselves. One of them is Rachel Clayton, who lost her brother in the storm. "This would never have happened if they put human lives above productivity," she wrote in a Facebook post. "Everyone knows that Amazon only cares about that. If the company had immediately rescued all e...