Category: News Type

German Handelsblatt: Dispute over damages: VW shortly before settlement in the diesel scandal – Winterkorn should pay more than ten million euros002154

Martin Winterkorn The Supervisory Board is convinced that from July 27, 2015, Winterkorn failed to clarify the background to the use of impermissible software functions in diesel engines. (Photo: Reuters) Düsseldorf The Volkswagen Group and six former board members are on the verge of reaching an agreement in the dispute over compensation from the diesel… Continue reading German Handelsblatt: Dispute over damages: VW shortly before settlement in the diesel scandal – Winterkorn should pay more than ten million euros002154

Elon Musk explains why Tesla keeps increasing prices

Elon Musk has finally given an explanation as to why Tesla keeps increasing Model 3 and Model Y prices. The reason is simple: Costs are increasing. Since the beginning of the year, Tesla had notably adopted a strange pricing strategy that puzzled people following the automaker. While Tesla has been no stranger to frequent price… Continue reading Elon Musk explains why Tesla keeps increasing prices

Consortium led by KKR, TIGA to buy office space solutions provider The Executive Centre

A consortium led by private equity giant KKR and Singapore-based investment firm TIGA Investments will acquire the flexible office solutions provider The Executive Centre (TEC), the acquiree said in a statement on Tuesday. As part of the transaction, the funds advised by HPEF Capital Partners and CVC Capital Partners will exit their investments in TEC.… Continue reading Consortium led by KKR, TIGA to buy office space solutions provider The Executive Centre

Indian early-stage investor WEH Ventures launches second fund

WEH Ventures, an early stage investor, on Monday said it is launching its second fund of Rs100 crore corpus to continue supporting startups focusing on India-first problems, the firm said in a press statement. The Fund II is a successor vehicle to WEH Ventures’ maiden early stage fund launched in 2017. From its first fund,… Continue reading Indian early-stage investor WEH Ventures launches second fund

People Digest: SG’s Vulpes, SGX rope in senior execs

Singapore’s investment management firm Vulpes Investment Management has named Sadiq Currimbhoy as head of sustainability, while Singapore Exchange has appointed Pol de Win as senior managing director, head of global sales and origination. Singapore’s Vulpes ropes in head of sustainability Vulpes Investment Management, a family office-backed investment management firm in Singapore, has hired Sadiq Currimbhoy… Continue reading People Digest: SG’s Vulpes, SGX rope in senior execs

German Manager Magazin: Continental: Trouble about the remuneration of Ariane Reinhart and other board members000850

Restore iTunes subscription manager + is processed via your iTunes account and paid for with a purchase confirmation. 24 hours before it expires, the subscription is automatically renewed by one month at the current price of € 24.99. You can cancel the subscription at any time in the settings of your iTunes account. In order… Continue reading German Manager Magazin: Continental: Trouble about the remuneration of Ariane Reinhart and other board members000850

German Manager Magazin: Exhaust gas scandal: Martin Winterkorn probably wants to pay 10 million euros000850

According to a media report, an agreement is emerging between Volkswagen and several former board members. According to draft contracts, ex-VW boss Martin Winterkorn (74) agreed to pay around ten million euros to the company, reports the business magazine “Business Insider”. Corresponding agreements with the former top managers should be signed this week. In the… Continue reading German Manager Magazin: Exhaust gas scandal: Martin Winterkorn probably wants to pay 10 million euros000850

@Geely: Geely Auto’s Fourth Generation of Emgrand Is On the Horizon

June 01, 2021, Hangzhou, China. Geely Auto, China’s largest privately owned vehicle brand, announced its fourth generation vehicle from the Emgrand family, along with plans for the vehicle’s involvement during the 2022 Asian Games in Hangzhou, China. The Emgrand sedan was first launch in 2008 with focus on value and technology offerings. The model quickly… Continue reading @Geely: Geely Auto’s Fourth Generation of Emgrand Is On the Horizon

KBR to Provide High-End Engineering to U.S. Air Force with a New $91.8M Task Order

HOUSTON, June 1, 2021 /PRNewswire/ — KBR, Inc. (NYSE: KBR) won a new $91.8 million task order to provide high-end engineering services to research, analyze and develop solutions for U.S. Air Force (USAF) aircraft and other system components managed by the 448th Supply Chain Management Wing (SCMW). “This is an exciting opportunity to bring our engineering expertise… Continue reading KBR to Provide High-End Engineering to U.S. Air Force with a New $91.8M Task Order