Fading supply problems underpin German manufacturing slowdown

Germany’s manufacturing sector slumped in December as supply chain problems helped cushion the decline, although weak demand continued to weigh on sentiment, a survey showed on Monday. S&P Global’s final Purchasing Managers’ Index (PMI) for manufacturing, which accounts for about a fifth of Germany’s economy, rose to 47.1 from November’s 46.2. While this was the […]

adidas launches investigation into allegations against Kanye West

Adidas AG (ADSGn.DE) said on Thursday it has launched an investigation into allegations of inappropriate behavior by Kanye West, after the German sporting goods maker ended its partnership with the rapper and fashion designer last month. Adidas said it launched the investigation after receiving an anonymous letter making several allegations against the musician, who now […]