An apartment in german

S hort-sellers have been ramping up their bets against the UK’s biggest supermarket, Tesco, in the run-up to its Christmas battle with the German discounters as they continue to tear chunks out of the big four’s market share. Hedge funds had been upping their short positions against London’s listed supermarkets before the crucial festive period but have only recently turned on Dave Lewis’s recovering Tesco. Short-selling , in effect a bet the share price will fall,  is used when they believe a business is overvalued or want to hedge against a stock’s risk, for instance during a merger. Margins at the big four supermarkets – Tesco, Sainsbury’s, Morrisons and Asda – have been squeezed by UK inflation outstripping wage growth, while deteriorating household incomes have driven customers into the arms of discount rivals Aldi and Lidl. … [Read more...] about Short-sellers take out bets against recovering Tesco ahead of Christmas pitch battle with German discounters

Back in 2014, the Sault Ste. Marie Tribe of Chippewa Indians from the US state of Michigan sent a letter of complaint to the Karl May Museum in the eastern German state of Saxony. A US visitor to the museum had alerted the tribe to an item on display there: a human scalp. The museum, which is dedicated to the works of legendary German "Wild West" writer Karl May , initially refused to return it , saying the staff could not ascertain its origins. "This individual was taken without the authority to do so and placed in a museum to be shown like a picture on the wall," stated a 2015 report from the tribe, which set in motion a series of changes: a specially commissioned study, a new ethnographic specialist at the museum and mediation by the US State Department, which is now the custodian of the human remains on behalf of the Chippewa Indians. Native American exhibits feature at the museum on account of May's Winnetou books On Monday, the museum returned the human … [Read more...] about Karl May Museum returns Native American human scalp

"I was totally relieved and really wanted to get out of my apartment," saber fencer Max Hartung told DW. The 31-year-old was finally able to leave after completing 10 days of quarantine and testing negative for COVID-19. Hartung had been forced into quarantine after four of his teammates tested positive for COVID-19 following the Fencing World Cup in Budapest in March. "I felt a bit like I was locked in a cage," he said. The fencers became infected even though the organizers had implemented what they had thought to be an effective hygiene plan. "We placed our trust in the organizers," Hartung said. "Even more disappointing was the fact that the even the additional protective measures we had taken were not effective." Tense mood It's not just the Fencing World Cup that has seen mass infections. At the European Athletics Indoor Championships in Torun, Poland, 50 of the 7000 participants tested positive. Max Hartung doesn't believe the Olympics will be fair One … [Read more...] about 100 days until Tokyo Olympics: An unfair Games looms

E.ON has reiterated its interest in the British market, despite a disappointing six months. The energy supplier, which is based in the German city of Essen, saw its group operating profit fall by 18% to €542m (£499m) in second quarter results revealed on Wednesday. In Britain, profits fell 65% and it also lost 400,000 of its 4.3 million customers during the first half of the year. In a conference call, the company's chief financial officer Marc Spieker blamed the system, saying: "For decades, Britain stood for a reliable energy policy. "For about two years we've been seeing the exact opposite." Advertisement Mr Spieker said E.ON's other markets showed a "stable or even clearly growing" customer base, but the British market was "a special case". He said regulators needed to realise that the current system is "unsustainable", but he added that "a number of developments already visible give me confidence". More from Energy Coronavirus to … [Read more...] about E.ON remains committed to British market despite losing 400,000 customers

MANCHESTER CITY players were given a rude awakening throughout the night as fans in Germany exploded fireworks outside their hotel. In comes as the Premier League champions take a 2-1 lead into the away leg of their Champions League quarter-final with Borussia Dortmund. Witnesses heard 'incredible bangs' which awoke residents and members of Pep Guardiola's travelling squad at the Radisson Blu in Dortmund. According to the Daily Mail , a gang of 17 ultras set off the first batch of 'industrial strength' fireworks at 2.45am which sparked City's security staff to patrol the area. Then at 4.30am around half a dozen of the group returned and set off a second explosion in a different area near the hotel, again waking up those inside. Police were called to inspect the incidents, but it is claimed City's security were forced to foil a THIRD attempt at 5.30am. The club's staff are said to have spotted members of the gang returning and managed to chase them away. A … [Read more...] about Brazen Dortmund ultras set off ‘industrial strength’ fireworks outside Man City team hotel at 2.45am, 4.30am and 5.30am