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Shein plans IPO in Hong Kong on September 1 despite ethical concernsEconomy

Shein plans IPO in Hong Kong on September 1 despite ethical concerns

Der Online-Händler Shein plant einen Börsengang in Hongkong für den 1. September, gestützt auf sein Direktvertriebsmodell. Das Unternehmen bedient über 150 Länder und hat Millionen von Nutzern in Europa. Allerdings wird Shein gleichzeitig wegen Vorwürfen wie Plagiaten und Umweltbelastungen kritisiert.

Iranian President Acknowledges Economic Difficulties Amid US TensionsEconomy

Iranian President Acknowledges Economic Difficulties Amid US Tensions

Iran's President Masoud Pezeshkian publicly admitted to the nation's economic struggles, citing resource bottlenecks and systemic imbalances. These comments occurred while acknowledging US threats of conflict. Nevertheless, the President affirmed his strong belief in the enduring resilience of the Iranian people.

Moderna Stock Rises After Positive News on Cancer VaccineEconomy

Moderna Stock Rises After Positive News on Cancer Vaccine

Moderna's stock jumped nearly 130 percent following positive data for a new cancer vaccine developed with Merck. The Phase 3 study showed the vaccine, combined with Keytruda, significantly lowered the risk of relapse or death in melanoma patients. Experts view this as a major milestone for the company's future market potential.

Railway Union Threatens Nationwide Strikes After Attack on Train ConductorEconomy

Railway Union Threatens Nationwide Strikes After Attack on Train Conductor

Following a deadly attack on a train conductor, the railway union EVG has threatened a nationwide strike in January. The union criticizes the policy amid perceived safety gaps, while the justice minister's draft law for harsher penalties remains stalled in internal talks. Works councils are planning planned disruptions at major rail operators.

Gabriel Felbermayr warns about a global sovereign debt crisisEconomy

Gabriel Felbermayr warns about a global sovereign debt crisis

Gabriel Felbermayr warned of a global sovereign debt crisis, fueled by rising global yields tied to Middle East instability. He criticized central banks' actions and warned that high inflation and debt pressure the ECB. Ultimately, he stated that such central bank measures always have an inflationary effect.