The Rupee breaching the psychological mark of 80 on Tuesday for the first time ever has set off alarms if this slump signals a further deterioration of the Indian economy. While a weaker Rupee tends to do more harm than good, some economists have opined that it does not mean the Indian economy is in… Continue reading Rupee @ 80: How worried should you be?
Tag: Possible_Terrorism_Warfare
Amara Raja charged up for the future
Amara Raja Batteries has taken the next step in their business model by concentrating equally in both lead acid batteries and newer mobility needs (lithium-ion). The company, which in 2021 announced strategic plans, said that they will expand their growth model in lead acid batteries and also establish a new energy SBU encompassing lithium cell… Continue reading Amara Raja charged up for the future
TikTok Starts Layoffs in Company-Wide Restructuring
TikTok has begun a global restructuring of its business that includes layoffs, according to five people with knowledge of the process. The short-form video app, owned by Chinese parent company ByteDance, has rapidly expanded both its user base and workforce in recent years. Despite tensions with the Trump administration over fears it could be a… Continue reading TikTok Starts Layoffs in Company-Wide Restructuring
Bungie sues ‘Destiny 2’ player over alleged threats and cheating
On the same day it officially became a PlayStation studio, Bungie filed a lawsuit against a Destiny 2 player it accused of persistent cheating and making threats against its employees. The developer claimed Luca Leone violated the game’s Limited Software License Agreement (LSLA) on multiple occasions. It’s seeking $150,000 in damages and an injunction preventing… Continue reading Bungie sues ‘Destiny 2’ player over alleged threats and cheating
NHTSA investigates another Tesla crash involving death of motorcyclist
The National Highway Traffic Safety Administration is opening yet another special investigation into a Tesla vehicle crash, according to documents viewed by TechCrunch. This time it involves the crash of a 2021 Tesla Model Y that killed a motorcyclist in California earlier this month. Reuters was the first to report the special investigation. This is… Continue reading NHTSA investigates another Tesla crash involving death of motorcyclist
German Manager Magazin: Porsche: The car manufacturer lures investors before the IPO with high return targets001925
The sports car builder Porsche has big plans for the coming years ahead of the planned IPO. The management around boss Oliver Blume wants to benefit above all from the increasing number of wealthy people, but also earn money from the move to pure electric cars. In some areas, the company also relies on the… Continue reading German Manager Magazin: Porsche: The car manufacturer lures investors before the IPO with high return targets001925
German Handelsblatt: Comment: The Porsche IPO is a strategic weakening for the VW group004750
Porsche und Volkswagen Ohne gemeinsame Software vergrößert sich die Distanz der beiden Autohersteller zueinander. (Foto: IMAGO/Fotostand) Es war wirklich schlechtes Timing. Ein paar Stunden nachdem Russland die Ukraine angegriffen hatte, vermeldete Volkswagen Ende Februar, dass ein Börsengang von Porsche geprüft werde. Das Umfeld für IPOs hat sich seitdem verdüstert. Und nun, Mitte Juli, wurde auf dem… Continue reading German Handelsblatt: Comment: The Porsche IPO is a strategic weakening for the VW group004750
German Handelsblatt: Comment: The Porsche IPO is a strategic weakening for the VW group004748
Porsche und Volkswagen Ohne gemeinsame Software vergrößert sich die Distanz der beiden Autohersteller zueinander. (Foto: IMAGO/Fotostand) Es war wirklich schlechtes Timing. Ein paar Stunden nachdem Russland die Ukraine angegriffen hatte, vermeldete Volkswagen Ende Februar, dass ein Börsengang von Porsche geprüft werde. Das Umfeld für IPOs hat sich seitdem verdüstert. Und nun, Mitte Juli, wurde auf dem… Continue reading German Handelsblatt: Comment: The Porsche IPO is a strategic weakening for the VW group004748
National Defense University Congratulates Presidential Medal of Freedom Recipients John McCain and Wilma Vaught
WASHINGTON, July 18, 2022 /PRNewswire/ — The National Defense University (NDU) and the National Defense University Foundation extend congratulations to the family of the late Senator John McCain and Brigadier General Wilma Vaught on receiving the Presidential Medal of Freedom, the nation’s highest civilian honor, presented to individuals who have made exemplary contributions to the prosperity, values,… Continue reading National Defense University Congratulates Presidential Medal of Freedom Recipients John McCain and Wilma Vaught
UK fuel prices drop for first time in months
Petrol and diesel prices are beginning to fall for the first time in months in the UK, having soared well beyond record levels and pushed the average price of a fill-up far north of £100. The AA says the price of a tank of fuel has dipped by £1.50 since the beginning of the month, adding that… Continue reading UK fuel prices drop for first time in months