German GDP slumps but optimism up as vaccinations increase
DAVID RISING, Associated Press
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The Olympic TV tower is silhouetted as the sun sets in Munich, Germany, Monday, May 24, 2021. (AP Photo/Matthias SchraderMatthias Schrader/AP
BERLIN (AP) Germany s economy contracted more than expected in the first quarter amid coronavirus lockdown measures, according to statistics released Tuesday, but a leading indicator showed that businesses optimism is rising as the pace of vaccinations increases.
The Federal Statistical Office said that the first quarter gross domestic product in Germany, Europe s largest economy, dropped by 1.8% over the fourth quarter of 2020, according to figures adjusted for price, seasonal and calendar factors. The office s preliminary estimate had been a drop of 1.7%.
Germany’s biggest trade union, IG Metall, and its affiliated works councils have explicitly supported the auto companies, agreeing to forfeit wage increases by suppressing all opposition in the factories.
NP Digital Announces Holding Company Veteran Paul Darling as CFO
Seasoned Finance Leader Will Manage High Growth Monetization Strategies for NP Digital
May 25, 2021 09:05 ET | Source: NP Digital NP Digital San Diego,
SAN DIEGO, May 25, 2021 (GLOBE NEWSWIRE) NP Digital, a leader in performance marketing, announced today that Paul Darling has joined the agency as its Global Chief Financial Officer. Darling will drive top-line growth by guiding pricing and monetization strategies positioning the company for continued global expansion.
Darling has more than 30 years of invaluable financial and operational experience in the public and private digital marketing, media, and technology sectors. He comes with solid accounting credentials and expertise in FP&A, M&A, strategic planning, finance systems, SaaS, capital structures, pricing, and contract negotiations.
Southwest launches $49 Memorial Day fare sale
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Feb 5, 2019. Southwest Boeing 737-800 at Daniel K. Inouye International Airport in Honolulu. Courtesy of Southwest Airlines
Airline ticket prices are rising fast as we head into summer, but beloved budget airline Southwest just dropped a Memorial Day fare sale that puts them back within reach, with one-way fares starting at $49.
For Bay Area travelers, there are a number of jaw-dropping deals throughout the summer and early fall. Those flying out of SFO will find nonstop round trip flights for $98 to Southern California (Burbank and LA) and Denver for $242. With stops, there are flights to Puerto Vallarta, Mexico, for $322 round trip and Los Cabos in Baja California for $325 in September.