Zalando goes public
Europe's biggest online retailer Zalando started trading on the Frankfurt stock exchange on Wednesday. Established in 2008, Zalando has 14 million active customers buying its fashion and lifestyle goods. With a global workforce of about 5,000, the company now operates in countries including Austria, Switzerland, France, Belgium, Italy, Poland, Sweden and Great Britain. Wednesday's sale of 24.5 million shares is expected to raise more than 600 million euros.
Investors move to Poland
The crisis between Western Europe and Russia has hit the Polish economy hard - exports to Ukraine, for example, have plunged 30-percent. Luckily, Poland remains attractive to foreign investors who are helping secure its economic growth. And many German companies are moving production to Poland, thanks to a favourable tax scheme and low labor costs.
Germany's revolving doors
It's a highly sensitive topic here in Germany - former politicians who switch jobs and take on a lucrative management position at big companies. Like Dirk Niebel, former Minister of Economic Cooperation and Development who now works for the arms industry. While the career move might come under harsh criticism, it's still legal in Germany. Latest example of "top-politician turns fat cat": former health minister Daniel Bahr.