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: His predecessor made Tesla a role model, that’s over now: How the new boss changed Volkswagen in 100 days005862
Tag: Possible_Terrorism_Warfare
Hong Kong-based COVID-19 testing firm Prenetics buys ACT Genomics
Hong Kong-based Prenetics Global Limited is buying a majority stake in ACT Genomics, a Nasdaq-listed company specialising in precision oncology in Asia, as it looks to build an ecosystem extending beyond COVID-19 testing. Prenetics, which went public in May through a $1.7-billion SPAC merger with Artisan Acquisition, has agreed to pay $20 million in cash… Continue reading Hong Kong-based COVID-19 testing firm Prenetics buys ACT Genomics
German Manager Magazin: Europe is gambling away its future002198
What is Crisis Boost? The buzzword “polycrisis” has been around for a number of years. In 2022 it will be in general usage. It’s my word of the year. Measured against what swept over Europe in the past year, the past few decades have been an era of calm, reliability and boredom. You have to… Continue reading German Manager Magazin: Europe is gambling away its future002198
Global recession risks rise as Central Banks raise rates
They remain particularly worried about price expectations ratcheting up and elevated pressures becoming embedded in their economies, much as happened in the 1970s. Major central banks this week signaled their willingness to countenance a global recession in 2023 as they promised to raise borrowing costs further in their ongoing battle against sky-high inflation. After each… Continue reading Global recession risks rise as Central Banks raise rates
An Alleged Russian Smuggling Ring Was Uncovered in New Hampshire
As Russia’s invasion of Ukraine drags on, navigation system monitors reported this week that they’ve detected a rise in GPS disruptions in Russian cities, ever since Ukraine began mounting long-range drone attacks. Elsewhere, a lawsuit against Meta alleges that a lack of adequate hate-speech moderation on Facebook led to violence that exacerbated Ethiopia’s civil war. … Continue reading An Alleged Russian Smuggling Ring Was Uncovered in New Hampshire
Chairman of the Board Of Avia Solutions Group Gediminas Ziemelis: Did aviation’s estimated 73% revenue growth hold up in 2022?
LONDON, Dec. 15, 2022 /PRNewswire/ — The global aviation industry has continued to experience economic and operational shocks from the COVID-19 pandemic, at least for the first and second quarters of the financial Year 2022. Many airlines have reported normal recovery from the crisis, while others are yet to bounce back into full mode due to… Continue reading Chairman of the Board Of Avia Solutions Group Gediminas Ziemelis: Did aviation’s estimated 73% revenue growth hold up in 2022?
Europe’s car repairers call for competition rules rewrite
The Commission needs to make a decision before the current MVBER expires on May 31, 2023. By Nick Carey Europe’s car repair and spare parts industry is calling for a rewrite of EU competition rules, arguing they allow carmakers and franchise dealers to disadvantage independent operators. The European Commission has recommended extending 2010’s Motor Vehicle… Continue reading Europe’s car repairers call for competition rules rewrite
John Carmack leaves Meta with a memo criticizing the company’s efficiency
‘[W]e constantly self-sabotage and squander effort,’ he wrote in his memo. John Carmack, the virtual reality pioneer who joined Meta from Oculus after its $2 billion acquisition, has left the social network. Business Insider first reported his departure, citing people familiar with the company, and published pieces of his internal memo that contained sentiments critical… Continue reading John Carmack leaves Meta with a memo criticizing the company’s efficiency
India rupee settlement mechanism draws interest from more nations
The Reserve Bank of India (RBI) set up the mechanism in July. India‘s rupee trade settlement mechanism, a means of using rupees instead of dollars and other big currencies for international transactions, is attracting interest from more countries. Tajikistan, Cuba, Luxembourg and Sudan have begun talking to India about using the mechanism, according to two… Continue reading India rupee settlement mechanism draws interest from more nations
Cyrus Mistry car crash: Anahita Pandole had not worn seat belt properly, say police
Dr Anahita Pandole had not properly worn the seat belt of the car, which she was driving at the time of the accident that claimed the life of industrialist Cyrus Mistry earlier this year, police said on Friday. Former Tata Sons chairman Mistry (54) and his friend Jehangir Pandole were killed after the Mercedes-Benz car… Continue reading Cyrus Mistry car crash: Anahita Pandole had not worn seat belt properly, say police