German Institute for Economic Research

EQS-News: Ludwig Beck am Rathauseck-Textilhaus Feldmeier AG: Slight increase in sales compared to previous year in the third quarter of 2023

Retrieved on: 
Thursday, October 26, 2023

Despite of the adverse conditions in the third quarter, LUDWIG BECK at least kept the previous year's level and ended the quarter on par with 2022.

Key Points: 
  • Despite of the adverse conditions in the third quarter, LUDWIG BECK at least kept the previous year's level and ended the quarter on par with 2022.
  • In online retail, LUDWIG BECK further increased its sales compared to the previous year.
  • LUDWIG BECK generated gross sales of € 59.6m in the first nine months of the fiscal year 2023 (previous year: € 56.4m).
  • In the third quarter, LUDWIG BECK achieved gross sales of € 22.6m at group level (previous year: € 22.4m).

New Report Shows Airbnb Generates No Meaningful Increase in Rent Across Canada

Retrieved on: 
Wednesday, October 11, 2023

OTTAWA, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Airbnb activity at the current levels has not generated an economically meaningful increase in rents across Canada’s major cities, according to new research from The Conference Board of Canada in collaboration with Airbnb .

Key Points: 
  • OTTAWA, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Airbnb activity at the current levels has not generated an economically meaningful increase in rents across Canada’s major cities, according to new research from The Conference Board of Canada in collaboration with Airbnb .
  • The study is the first of its kind to use actual Airbnb booking data rather than information scraped from the webpage, and the first to focus on the effect of Airbnb activity on rents in the Canadian market.
  • “We’ve seen a significant increase in rents across Canadian cities since 2016, as well as an increase in Airbnb activity,” stated Tony Bonen, Director, Economic Research at The Conference Board of Canada.
  • The research focused on high-use, or full-time Airbnb listings between 2016 and 2022 across 330 neighbourhoods in 19 of the largest cities across Canada.

EQS-News: Epigenomics AG publishes financial results for the first six months 2023

Retrieved on: 
Thursday, August 10, 2023

Berlin (Germany), August 10, 2023 - Epigenomics AG (FSE: ECX, the "Company") today reported financial results (IFRS, unaudited) for the second quarter and first half of 2023.

Key Points: 
  • Berlin (Germany), August 10, 2023 - Epigenomics AG (FSE: ECX, the "Company") today reported financial results (IFRS, unaudited) for the second quarter and first half of 2023.
  • Ultimately, an agreement was reached with New Day Diagnostics LLC on July 24, 2023, to sell substantially all of Epigenomics' assets.
  • In terms of cash consumption, Epigenomics forecasts a range of EUR 7.0 million to EUR 9.0 million for the current full year 2023.
  • The interim statement for the first half of 2023 (unaudited) can be found on Epigenomics' website at: https://www.epigenomics.com/news-investors/financial-reports/ .

aShareX Names University of Chicago Booth Professor Eric Budish to its Advisory Board

Retrieved on: 
Thursday, July 20, 2023

aShareX, Inc. (Art Share Exchange), the first and only auction-based universal trading platform dedicated to democratizing ownership of high-value alternative assets, today named Professor Eric Budish to its Board of Advisors.

Key Points: 
  • aShareX, Inc. (Art Share Exchange), the first and only auction-based universal trading platform dedicated to democratizing ownership of high-value alternative assets, today named Professor Eric Budish to its Board of Advisors.
  • Budish is the Paul G. McDermott Professor of Economics and Entrepreneurship at the University of Chicago Booth School of Business.
  • View the full release here: https://www.businesswire.com/news/home/20230720312473/en/
    Eric Budish, aShareX Board of Advisors, Paul G. McDermott Professor of Economics and Entrepreneurship at the University of Chicago Booth School of Business (Photo: Business Wire)
    "With all due respect to NFTs and blockchain trust, I’d much rather own a legally registered share of a real Picasso," said Professor Budish.
  • He also serves as the Co-Director of The Kent A. Clark Center for Global Markets at Chicago Booth and the Krane Distinguished Visiting Professor at the University of Chicago Law School.

The Student Investment Program Announces Successful Registration of its First Cohort of Students

Retrieved on: 
Tuesday, April 25, 2023

Today, Student Freedom Initiative (SFI) , Stackwell , and Prudential Financial announced that the Student Investment Program (SIP), a multi-year strategic partnership granting $500,000 in funding to students attending Historically Black Colleges and Universities (HBCUs) and other Minority Serving Institutions (MSIs) nationwide, has successfully completed the registration of its 415 student cohort.

Key Points: 
  • Today, Student Freedom Initiative (SFI) , Stackwell , and Prudential Financial announced that the Student Investment Program (SIP), a multi-year strategic partnership granting $500,000 in funding to students attending Historically Black Colleges and Universities (HBCUs) and other Minority Serving Institutions (MSIs) nationwide, has successfully completed the registration of its 415 student cohort.
  • The pilot program, which launched in November 2022, is providing participants with investment education programming and distributing $1,000 grants to each student’s investment account on the Stackwell platform.
  • Grant funding is distributed to the investment accounts of participating students over a 12-month period to encourage participants to sustain their investment commitments and develop wealth-building behaviors.
  • “The Student Investment Program provides us with money to start investing and is teaching us a lot,” said Ashanti Bonne, a Bowie State sophomore.

EQS-News: Biotest AG: Biotest receives 'Innovation Champion of Sustainability' award

Retrieved on: 
Thursday, February 2, 2023

With its GoFuture sustainability initiative, Biotest aims to grow in line with social and ecological requirements.

Key Points: 
  • With its GoFuture sustainability initiative, Biotest aims to grow in line with social and ecological requirements.
  • Among the pharmaceutical companies rated as sustainable in the study, Biotest achieved 5th place.
  • We are very pleased that our path to a sustainable future is also being noticed," emphasises Dirk Neumüller, Chief Sustainability Officer at Biotest AG.
  • "The award is a recognition of the commitment of the employees at Biotest and at the same time a motivation to further advance the topic of sustainability in the company."

Indeed US Wage Tracker Shows Wages Growing Quickly, but Decelerated Markedly Since the Spring

Retrieved on: 
Thursday, December 8, 2022

Despite the decline, posted wage growth remains elevated from pre-pandemic rates of 3.1% annual growth in November 2019.

Key Points: 
  • Despite the decline, posted wage growth remains elevated from pre-pandemic rates of 3.1% annual growth in November 2019.
  • The Indeed Wage Tracker measures the real time temperature of the market for employers looking to hire new workers1, and may be a leading indicator of broader measures of wage growth.
  • Our measure of wage growth has already peaked, but we are in the early innings of this wage slowdown.
  • Data from the Indeed Wage Tracker suggests that wage growth for job switchers will continue to decline, but the amount of time it takes for a slowdown in posted wage growth to flow through to job switcher wage growth is about three months.

Chunghwa Telecom Responds to Union's Call for Overall Wage Increases

Retrieved on: 
Wednesday, November 30, 2022

TAIPEI, Nov. 30, 2022 /PRNewswire/ --Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") announced that it has engaged in talks with the Chunghwa Telecom Workers' Union on November 21st to respond to their call for comprehensive salary increases.

Key Points: 
  • TAIPEI, Nov. 30, 2022 /PRNewswire/ --Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") announced that it has engaged in talks with the Chunghwa Telecom Workers' Union on November 21st to respond to their call for comprehensive salary increases.
  • Chunghwa said the recent salary increases had demonstrated its willingness to share operating success with employees and place great emphasis on employees' salaries and benefits.
  • Chunghwa further highlighted its competitive compensation scheme in the telecom industry of Taiwan.
  • Chunghwa Telecom (TAIEX 2412, NYSE: CHT) ("Chunghwa" or "the Company") is Taiwan's largest integrated telecommunications services company that provides fixed-line, mobile, broadband, and internet services.

Zeigler Auto Group Among Glassdoor Economic Research's Top 10 U.S. Companies for Work-Life Balance, Only Auto Company to Make List

Retrieved on: 
Tuesday, November 1, 2022

KALAMAZOO, Mich., Nov. 1, 2022 /PRNewswire-PRWeb/ -- The Glassdoor Economic Research Center has ranked Zeigler Auto Group at number 6 among the Top 10 U.S. Companies for Work-Life Balance. The auto group currently has a 4.77 out of 5 rating; and a 96% Recommend to a Friend Rating, up by 5% from 2021.

Key Points: 
  • A Glassdoor Economic Research study on Work-Life Balance in the U.S. for 2022 has named Zeigler Auto Group among its Top 10 U.S. companies for work-life balance.
  • KALAMAZOO, Mich., Nov. 1, 2022 /PRNewswire-PRWeb/ -- The Glassdoor Economic Research Center has ranked Zeigler Auto Group at number 6 among the Top 10 U.S. Companies for Work-Life Balance .
  • The auto group currently has a 4.77 out of 5 rating; and a 96% Recommend to a Friend Rating, up by 5% from 2021 .
  • This is not the first time that Zeigler Auto Group has been recognized for its employee-first views on work-life balance.

Ceramic Fiber Market Worth USD 4432.5 Million by 2028 at a CAGR of 9.8% - Report by Brandessence Market Research

Retrieved on: 
Monday, October 31, 2022

Mechanical and chemical recycling processes such as solvolysis and pyrolysis is performed to produce three new products: glass fiber, carbon fiber and glycols.

Key Points: 
  • Mechanical and chemical recycling processes such as solvolysis and pyrolysis is performed to produce three new products: glass fiber, carbon fiber and glycols.
  • Glass fiber will be applied in the form of ceramic supports, frits and glazes to reduce tile firing temperature.
  • Inks will be manufactured with the glycols and carbon fiber will be used to make sustainable composites for the transport sector.
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