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Author: DW
Skip next section Shirt and blouse maker Eterna to close after rescue bid fails03/03/2026March 3, 2026Shirt and blouse maker Eterna to close after rescue bid fails’Everything must go,’ as the old saying goes — Eterna’s stores have been running closing sales all winter since December’s insolvency applicationImage: Ardan Fuessmann/Eibner-Pressefoto/picture allianceFounded in 1863, Eterna ultimately could not stand the lofty test of time its name set for itself. The Passau-based company’s management announced on Tuesday that it would cease operations in the summer. “Unfortunately, the continuation of Eterna’s business operations in Passau is ruled out,” the company’s management stated. Despite efforts to save…
The US-Israel attack on Iran and Iran’s aggressive response have unnerved oil markets, with many analysts predicting a massive rise in oil prices.While Iran is responsible for just 3-4% of global oil output, its proximity to the Strait of Hormuz, considered the world’s most critical oil chokepoint, is prompting oil analysts to raise their forecasts for future oil prices. A prolonged disruption to traffic in the strait, which carries around one-fifth of oil consumed globally as well as large quantities of gas, could see oil prices breach the $100-a-barrel threshold, a prospect that would hurt the global economy and push…
March 3 marks 100 days until the 2026 World Cup kicks off. A series of playoffs this month will determine the last six teams to make up the newly expanded 48-team tournament. But with the US and Israeli attacks on Iran and Iran’s retaliatory strikes in the Middle East, one of those playoff contenders — likely Iran’s neighbors Iraq — may replace Iran, who qualified a year ago. “It’s not possible to say exactly, but there will certainly be a response,” Iran Football Federation President, Mehdi Taj, said on Monday on Iran’s IRIB Channel 3. “This will surely be studied by…
It sounds like the plot of a screenplay, but it happened to two Berlin film students in real life. Moritz Henneberg and Julius Drost had created an animated short film for their final project at university. “Butty” tells the tale of a household robot that gets kicked out when it can’t do its job properly. When the two filmmakers posted the work on YouTube, this touching tale quickly went viral. After generating a huge amount of hits, the duo decided to submit their work to festivals — but they were in for a shock: Organizers told them the film had already been submitted under a different name. How could that have…
Components from German manufacturers have been found in Russian drones attacking Ukrainian cities. German media reported on this in January, citing the latest Geran-5 attack drone in particular. The television broadcaster ntv and later other German media reported that transistors made by the German company Infineon Technologies were found in a Geran-5, along with other foreign-made components. The information had been published on a web portal called War and Sanctions, which is run by Ukraine’s military intelligence service HUR. It includes a detailed list of all foreign components found to date in Russian military equipment. According to the War and Sanctions website, the majority of foreign…
Travel can sometimes place us in a moral dilemma. A sense of unease may arise from everyday realities — the carbon emissions caused by flying, for example, or the broader consequences of modern mass tourism. Is this simply something to accept? Should we simply stop traveling or are there better ways to do it? For Wolfgang Strasdas, the answer is clear: “I don’t think we need to feel guilty at all,” says the scientific director of the Center for Sustainable Tourism in Berlin, who has studied the impacts of travel for many years. In many parts of the world, tourism is…
The United States and Israel launched an attack on Iran on Saturday (February 28), an escalation that could lead to the closure of the Strait of Hormuz, a major oil shipping route at the mouth of the Persian Gulf. Iran has repeatedly threatened to close the strait, signalling that it can disrupt the vital maritime artery that carries a fifth of the world’s oil consumption. But Tehran has never followed through on its threats to close off access to the strait completely, as this would prevent it from shipping its own oil abroad and would likely provoke a rapid international…
FIFA President Gianni Infantino believes it is time to reinstate Russia, who has been banned since invading Ukraine in 2022, to football. Ukraine’s sports minister Matvii Bidnyi said the words were detached from a “reality in which children are being killed.” Russian and Belarusian athletes are about to compete as neutrals at the Winter Olympics in Italy IOC boss potentially opens door to Russia’s return to Olympic stage What has FIFA said about Russia’s ban? FIFA President Gianni Infantino said he wants Russia reinstated to international football tournaments. “We have to [look at reinstating Russia], definitely, because this ban has…
Neil Sedaka, the hit rock ‘n’ roll singer and songwriter who achieved fame in the 1960s and 1970s with hits like “Laughter in the Rain” and “Breaking Up Is Hard To Do,” died on Friday. Sedaka was 86. “Our family is devastated by the sudden passing of our beloved husband, father and grandfather, Neil Sedaka,” his family said in a statement, without giving a cause of death. “A true rock and roll legend, an inspiration to millions, but most importantly, at least to those of us who were lucky enough to know him, an incredible human being who will be deeply missed.” One…
The United States and Israel launched an attack on Iran on Saturday (February 28), an escalation that could lead to the closure of the Strait of Hormuz, a major oil shipping route at the mouth of the Persian Gulf. Iran has repeatedly threatened to close the strait, signalling that it can disrupt the vital maritime artery that carries a fifth of the world’s oil consumption. If Iran were to follow through on its threat, oil prices could rise sharply, which would deal a massive blow to the global economy. In February, oil prices rose to their highest levels in months…