German Handelsblatt: Chip manufacturer: Ex-VW boss Diess is to take over the chairmanship of the supervisory board at Infineon005848

Herbert Diess Der ehemalige VW-Chef kehrt zurück in den Aufsichtsrat von Infineon. (Foto: imago images/Jan Huebner) Wechsel an der Spitze des Aufsichtsrats von Infineon: Der ehemalige VW-Chef Herbert Diess, 64, soll neuer Chefkontrolleur des größten europäischen Chipherstellers werden. Das teilte der Dax-Konzern am Freitag mit. Amtsinhaber Wolfgang Eder, 70, werde zur Hauptversammlung am 16. Februar aus… Continue reading German Handelsblatt: Chip manufacturer: Ex-VW boss Diess is to take over the chairmanship of the supervisory board at Infineon005848

‘Death Stranding’ will get a movie adaptation

It will feature new elements and characters. Kojima Productions is working with LA-based Hammerstone Studios to develop a movie adaptation of Death Stranding. The 2019 action game already provides quite a cinematic experience with lengthy cut scenes and dramatic expositions, which is probably part of the reason why they aren’t directly adapting its story into… Continue reading ‘Death Stranding’ will get a movie adaptation

Final goodbye: Recalling influential people who died in 2022 – ABC News

One would have to go back hundreds of years to find a monarch who reigned longer than Queen Elizabeth II. In her 70 years on the throne, she helped modernize the monarchy across decades of enormous social change, royal marriages and births, and family scandals. For most Britons, she was the only monarch they had… Continue reading Final goodbye: Recalling influential people who died in 2022 – ABC News

Bank margins may come under stress amid deposit rate war

The Bank Nifty is trading near lifetime highs, reflecting the fortunes of lenders that extricated themselves from the quagmire of bad assets spawned by the last round of bankrolled capacity expansion. Yet, bank profitability, now at its highest in a decade, faces the risk of starting a downward journey yet again as the hunt for… Continue reading Bank margins may come under stress amid deposit rate war

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TOKYO, Dec 16 (Reuters) – Japan will extend tax breaks on low-emission cars and seek to shift its massive household savings into investment in the government’s annual tax code revision to be approved on Friday. The government will also raise corporate, income and tobacco taxes to pay for a scheduled doubling of Japan’s defence spending… Continue reading Untitled

Radiator leak from Russian ISS module leaves spacewalkers cooling their heels

NASA said the capsule’s external radiator cooling loop is the likely culprit. Russia’s Soyuz MS-22 spacecraft, currently docked at the International Space Station (ISS), began leaking coolant Wednesday evening. According to Russia’s space agency Roscosmos, the instrument and assembly compartment’s outer skin was damaged. Fortunately, the crew is safe, and they conducted normal operations afterward.… Continue reading Radiator leak from Russian ISS module leaves spacewalkers cooling their heels

Chinese firms avert delisting as US audit watchdog gets full inspection access

The U.S. accounting watchdog on Thursday said it has gotten full access to inspect and investigate firms in China for the first time ever, removing the risk that around 200 Chinese companies could be kicked off U.S. stock exchanges. The statement from the Public Company Accounting Oversight Board marks a victory for U.S. regulators and… Continue reading Chinese firms avert delisting as US audit watchdog gets full inspection access

IPO market freeze sparks 80% drop in Nasdaq listings

Equity listings on the Nasdaq fell about 80% this year, as the appetite for new issues took a hit from extreme volatility in the stock market, sparked by the Federal Reserve’s war on inflation. A total of 156 companies listed their shares on the bourse this year, raising nearly $15 billion in initial public offerings,… Continue reading IPO market freeze sparks 80% drop in Nasdaq listings

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WASHINGTON, Dec 15 (Reuters) – The U.S. Federal Trade Commission, which enforces rules against deceptive practices, has contacted Twitter to ask if the company still has the resources to comply with a privacy consent decree, a person familiar with the matter said on Thursday. Upheaval and mass layoffs at Twitter since its takeover by Elon… Continue reading Untitled

German Handelsblatt: Oliver Blume: The friendly Mr. Blume – The VW boss does that differently than his predecessor Diess005839

Oliver Blume The new VW boss reorganized a lot in his first months in office – and showed himself to be decisive. (Photo: dpa) In a tug-of-war at an in-house trade fair, VW boss Oliver Blume has to settle for a stalemate. Much to the amusement of the visitors, he was unable to pull his… Continue reading German Handelsblatt: Oliver Blume: The friendly Mr. Blume – The VW boss does that differently than his predecessor Diess005839