KaDeWe Group, which runs the eponymous flagship retailer in Berlin and two other high-end outlets in Hamburg and Munich, has filed for insolvency under self-administration, the corporation announced this week.
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Bloomberg reports that Tesla’s owner has lost nearly $50 billion in the last month The world’s richest person, Elon Musk, has lost over $49 billion since he announced his plans to buy the social network Twitter last month, Bloomberg reports.
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Ukrainian cemeteries are filling up with the bodies of soldiers killed on the frontline, so much that authorities sometimes have to exhume old graves to make room for the newly deceased, The New York Times has reported. Russia has warned that by arming Kiev, Western nations were increasing the cost of the war for Ukrainians.
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