Australian regulator accepts PayPal unit’s undertaking for money laundering laws

March 17 (Reuters) – Australia’s financial crime regulator said on Friday it accepted an enforceable undertaking from payments giant PayPal Holdings’ (PYPL.O) local unit to ensure its compliance with the country’s anti-money laundering and counter-terrorism financing laws. In 2019, AUSTRAC, which is tasked with ensuring compliance with the laws, had ordered PayPal Australia Pty Ltd… Continue reading Australian regulator accepts PayPal unit’s undertaking for money laundering laws

Tesla’s Cybertruck Is Coming Soon. Maybe.

More than three years after Elon Musk stunned the auto industry with an electric pickup truck that looked more like a stealth fighter than a way to haul two-by-fours and drywall, Tesla said last month that it would begin building the vehicle by the end of 2023. The announcement has helped fuel a recovery in… Continue reading Tesla’s Cybertruck Is Coming Soon. Maybe.

Payne: The N-spired Hyundai Elantra N is a tattooed terror

This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Payne: The N-spired Hyundai Elantra N is a tattooed terror

@VW Group: CEO Markus Duesmann: “We are on the verge of the biggest product initiative in our history”006830

AUDI AG’s Annual Media Conference saw CEO Markus Duesmann and CFO Jürgen Rittersberger address current topics. Alongside the key financials for the 2022 fiscal year, the pair focused on strategic decision-making, spotlighting holistic sustainability, and the upcoming model initiative. The key statements at a glance: On the year 2022 and the annual financial statements …… Continue reading @VW Group: CEO Markus Duesmann: “We are on the verge of the biggest product initiative in our history”006830

Skoda revenues rise in 2022 despite impact of war in Ukraine

Skoda’s worldwide revenues rose 19% last year, despite heavy impacts on the firm’s sales and production output, which was largely driven by the effects of Russia’s invasion of Ukraine.  Some 731,300 Skoda cars were delivered worldwide in 2022, which is a 16.7% drop compared with 2021. However, the brand, owned by the Volkswagen Group, earned around €628… Continue reading Skoda revenues rise in 2022 despite impact of war in Ukraine

BS W/ JAKE PAUL RETURNS FOR SEASON TWO

After a successful inaugural season filled with A-list guests, viral moments, and over 130 million views across platforms, Paul returns for a second season MIAMI, March 16, 2023 /PRNewswire/ — Betr, the first microbetting-focused sports betting and media company, announced today that its most popular digital show, BS w/ Jake Paul will return for season two… Continue reading BS W/ JAKE PAUL RETURNS FOR SEASON TWO

Global Automatic Number Plate Recognition Systems Market to Reach $6.9 Billion by 2030

NEW YORK, March 16, 2023 /PRNewswire/ — The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front… Continue reading Global Automatic Number Plate Recognition Systems Market to Reach $6.9 Billion by 2030

VIKING ANNOUNCES NEW RIVER VOYAGE FOR 2024: “PARIS & D-DAY 80th ANNIVERSARY”

New 12-Day River Voyage Will Visit Destinations in England and France, Honoring the Historic World War II Milestone LOS ANGELES, March 16, 2023 /PRNewswire/ — Viking® (www.viking.com) today announced its new Paris & D-Day 80th Anniversary voyage for the 2024 European river season. With departure dates running from March through November 2024, the special 12-day voyage… Continue reading VIKING ANNOUNCES NEW RIVER VOYAGE FOR 2024: “PARIS & D-DAY 80th ANNIVERSARY”

ABB invests in US robot factory as reshoring trend hots up, article with image

ZURICH, March 15 (Reuters) – ABB (ABBN.S) is expanding its main US robot factory as its customers there in the automotive, packaging and machinery industries confront a tight labour market as they bring production back home. The Swiss engineering company, which competes with Japan’s FANUC (6954.T) and Germany’s Kuka (KUKAF.PK), is spending $20 million boosting… Continue reading ABB invests in US robot factory as reshoring trend hots up, article with image

German Handelsblatt: Car manufacturer: Audi achieves record results – but the competition is more profitable006527

Audi-Chef Markus Duesmann Der Autobauer lässt die Mitarbeiter am Ergebnis teilhaben. (Foto:  AUDI AG ) Audi war noch nie so profitabel: Die bereinigte Gewinnmarge lag im abgelaufenen Geschäftsjahr bei 12,2 Prozent, teilte die VW-Premiumtochter am Donnerstag mit. Demnach erwirtschaftete der Autobauer aus Ingolstadt einen Gewinn von 7,6 Milliarden Euro und ist damit einer der großen… Continue reading German Handelsblatt: Car manufacturer: Audi achieves record results – but the competition is more profitable006527