Monday, 28 September 2020
National | Business | Reuters

The new Czech health minister said on Tuesday tighter restrictions on bars and public events were imminent after his predecessor resigned following a doubling of Covid-19 infections in the country over the past three weeks.

Business | Axios

Back in February, Axios wrote about how the classic Czech piano company Klaviry Petrof, founded in 1864, could face losses after China threatened retaliation on Czech companies after a Czech politician planned to visit Taiwan, which the Chinese government views as part of its territory.

After a second Czech official visited Taiwan in August, China made good on that threat — a Chinese company suspended a USD 23.8 million order of the Czech-made pianos. But Karel Komárek, a Czech entrepreneur and billionaire, stepped in and bought the 11 pianos originally intended for China.

Business | Reuters

Czech firearms maker CZG-Ceska Zbrojovka Group launched a public share offering on Tuesday, valuing the company at up to 13.6 billion crowns (459.12 million pounds) under a full allotment at the top end of the price range.

Business | Reuters

One of the largest Czech media groups, Economia, has pledged to donate 200,000 euros to a new independent Hungarian website called Telex.hu started by former journalists of website Index, who quit en masse in July citing government pressure.

Finance | Radio Prague

More than CZK 1 billion worth of state rent subsidies have been approved since the government's Covid rent programme was launched three months ago. In total 17,290 applications for rent relief, worth a total of CZK 2.4 billion, have been sent to the Ministry of Industry and Trade, the Czech News Agency reported on Monday.

Prague | Business | Expats.cz

New Europe-wide regulations for short-term accommodation rentals are planned, as existing rules are insufficient to regulate the digital economy. Representatives of Prague and other major European cities met with European Commission Vice-President Margrethe Vestager to seek help in regulating short-term accommodation services, such as Airbnb.

National | Business | SchengenVisaInfo

The Czech Ministry of Foreign Affairs has updated the rules of entry for unmarried partners of Czech citizens, by also permitting entry into the country for the unmarried partners of EU citizens residing in Czechia.

Business | Prague Daily Monitor

Choosing the right courier service is vital for any large, small, or starting an online business. Well, the courier service has to work hand in hand with the online business to ensure its customers are satisfied. And the courier service also forms the overall impression of the online business.

Business | Prague Leadership Institute

"The greatest good you can do for another is not just to share your riches, but to reveal to him his own." I am often asked what an executive leadership coach really does and, I would have to say, that this quote from the 19th century British politician and twice serving Prime Minister Benjamin Disraeli goes a long way to defining it.

Business | bne IntelliNews

An increase in the average annual temperature will have a predominantly positive impact on the Czech economy, a recent study of the economics of climate change by Deloitte showed. In the warmest scenario, Czech GDP is projected to see an increase of 0.44% by 2050. Agriculture would be the only negatively impacted sector.

Business | Radio Prague

Czech arms manufacturer Česká zbrojovka Uherský Brod (CZUB) plans to launch production in its new weapons factory in Arkansas, the United States, by the end of 2020, the business daily e15 reports.

Business | Reuters

Czech billionaire Daniel Kretinsky has built a 3.05% stake in J. Sainsbury to become the UK supermarket group's fourth-largest shareholder, expanding a portfolio of retail investments that also includes France's Casino and Germany's Metro.

Business | Lingua Centrum

The school year has begun bringing us a lot of responsibilities. For many children, as well as their parents, one of them is the issue with learning foreign languages. How to motivate young learners to learn a foreign language we ourselves might not speak?

National | Business | Radio Prague

The great Czech astronomer Luboš Perek has died at the age of 101. He headed the Institute of Astronomy at the country's Academy of Sciences for several years and was also secretary general of the International Astronomical Union.

National | Business | Radio Prague

Culture is often said to be the Czech Republic's first ambassador, which plays a key if at times intangible role in bolstering the country's reputation. With that in mind, Minister of Foreign Affairs Tomáš Petříček and Minister of Culture Lubomír Zaorálek have just signed a memorandum on how to best develop a vibrant "cultural diplomacy".