Tough premium business in China Most recently, Mercedes had to significantly reduce the prices for the electric EQS and the slightly smaller EQE in China. (Photo: imago images/Xinhua) Ironically, in their prime discipline, the German car manufacturers are being presented by a little-known Chinese start-up. The company is called Human Horizons and redefines the premium… Continue reading German Handelsblatt: VW, Audi, BMW: Figures in China show: German electric cars are being penalized in the premium league005762
Category: Automotive
FTSE Russell, Ping An jointly launch China ESG indicesThe strategic partnership comes as global investors increasingly grow ESG-conscious.
Global index publisher FTSE Russell and Chinese financial conglomerate Ping An announced a partnership on Thursday to promote sustainable investment, launching a series of China indexes integrating environmental, social and government (ESG) considerations. The strategic partnership comes as global investors grow increasingly ESG-conscious, and Beijing accelerates a green push to help meet the government’s carbon neutrality pledge by 2060. The FTSE Ping An China ESG Index Series, which combines Ping An’s China-specific ESG approach into FTSE Russell‘s China indexes, shows… Continue reading FTSE Russell, Ping An jointly launch China ESG indicesThe strategic partnership comes as global investors increasingly grow ESG-conscious.
Asia Digest: FinAccel welcomes Slack’s Allen Shim; Australia’s Avarni raises $3m; Blackstone eyes KKR’s Australian Venue
Former Slack CFO Allen Shim recently joined FinAccel’s board of directors. Meanwhile, carbon management startup Avarni raised $3 million, while US private equity giant Blackstone is reportedly showing interest in KKR’s pubs business. Allen Shim joins FinAccel FinAccel, the parent company of Kredivo, announced on Thursday that former Slack CFO Allen Shim has joined its… Continue reading Asia Digest: FinAccel welcomes Slack’s Allen Shim; Australia’s Avarni raises $3m; Blackstone eyes KKR’s Australian Venue
Bankruptcy judge orders Celsius to return crypto assets to some customers
A U.S. bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, giving relief to a relatively small group of customers whose deposits were never commingled with other Celsius funds. U.S. Bankruptcy Judge Martin Glenn is weighing broader questions of who owns crypto assets that were deposited with Celsius. His ruling Wednesday was limited to customers who had non-interest bearing custody accounts, whose funds were not commingled with other Celsius assets, and… Continue reading Bankruptcy judge orders Celsius to return crypto assets to some customers
FTX founder Sam Bankman-Fried may face US probe for market manipulation
US federal prosecutors are investigating whether FTX‘s founder Sam Bankman–Fried manipulated the market for two cryptocurrencies this May that led to their collapse and resulted in the implosion of his own cryptocurrency exchange, the New York Times reported on Wednesday. The prosecutors are looking into whether Bankman–Fried controlled the prices of two interlinked currencies, TerraUsd and Luna, to benefit the entities he controlled including FTX and Alameda Research, the report said. The… Continue reading FTX founder Sam Bankman-Fried may face US probe for market manipulation
@Nissan: 2022/12/08 Sakura wins 2022-2023 Japan Car of the Year award and Kei Car of the Year award …000914
2022/12/08 YOKOHAMA, Japan – Nissan announces today that its all-electric Sakura minivehicle won the 2022-2023 Japan Car of the Year award. This is the sixth time Nissan has won this award. The Sakura also won the Kei Car of the Year award, an award specifically for the minivehicle segment. In addition, the X-Trail SUV won… Continue reading @Nissan: 2022/12/08 Sakura wins 2022-2023 Japan Car of the Year award and Kei Car of the Year award …000914
German Manager Magazin: Start-ups for mobility: Who is still attracting investors002177
In 2021, Tier Mobility was so well off financially that one could almost get the impression that the e-scooter rental company didn’t even know what to do with their money. Within a short time, the Berliners incorporated five companies, including well-known names such as the Leipzig bike-sharing top dog Nextbike. In mid-August 2022, CEO Lawrence… Continue reading German Manager Magazin: Start-ups for mobility: Who is still attracting investors002177
German Manager Magazin: Mercedes-Benz: Why Development Director Markus Schäfer is being criticized002177
Restore iTunes subscription manager+ is processed via your iTunes account and paid for with confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazin: Mercedes-Benz: Why Development Director Markus Schäfer is being criticized002177
German Manager Magazine: Mercedes, Tesla, Jobrad, Porsche, Electromobility, Deutsche Bahn: The new newsletter manage:mobility002177
Dear reader, since Monday is the first ICE 3 Neo on road. Deutsche Bahn has ordered 73 of the high-tech trains. Among other things, the new ICE should score with more comfort, better internet reception and space for eight bicycles. And the Neo packs up to 400 km/h at the top, boasts the manufacturer Siemens.… Continue reading German Manager Magazine: Mercedes, Tesla, Jobrad, Porsche, Electromobility, Deutsche Bahn: The new newsletter manage:mobility002177
Thursday’s top tech news: Another Theranos exec sentenced to over a decade in prison
Former Theranos President Sunny Balwani was sentenced to almost 13 years in prison.Image: Getty After Theranos founder Elizabeth Holmes was sentenced to almost 11 years in prison last month, yesterday it was the turn of her business partner Ramesh “Sunny” Balwani. The former COO and president of Theranos was handed a sentence of just under… Continue reading Thursday’s top tech news: Another Theranos exec sentenced to over a decade in prison