Hints and tips:
...Thousands of Porsche, Bentley and Audi cars have been impounded in US ports after a supplier to parent group Volkswagen found a Chinese subcomponent in the vehicles suspected of breaching the Uyghur Forced...
...becomes Barratt Developments chair Keith Barr steps down as InterContinental Hotels Group chief executive, to be succeeded by Elie Maalouf Anne Boden steps down as Starling Bank chief executive, replaced...
...Reichmann regained control in 1995 with a group of investors....
...He worked at Volkswagen’s Audi brand — where the diesel emissions scandal thwarted a potential entry into F1 — and then joined Lamborghini....
...Soaring interest rates already have created a freeze in dealmaking activity that has caused law firms and investment banks to cut headcount that swelled during the pandemic-era M&A boom....
...carbon finance group....
...Highlights Audi found its route into Formula 1 after agreeing to buy a stake in the group that owns the Sauber team, as the sport grows in the US and shows off its credentials as a marketing tool for high-end...
...Lucid was founded as long ago as 2007, as a battery technology company called Atieva, when a group of Musk’s employees defected, in the belief that Tesla’s plan to build an actual car, rather than supplying...
...It will be a busy few days for central bank meetings this week, including three of the big hitters — the US Federal Reserve, Bank of England and the Bank of Japan — with the focus on inflation fears and...
...In April, I flew to Bismarck, North Dakota, and found a shiny white Audi Q3 waiting for me in the rental parking lot....
...Due Diligence, our M&A newsletter, listed Wall Street’s 2020 winners and losers....
...Other companies reporting include South Korean group Samsung, US cable company Comcast, industrial group Honeywell, services business Boeing, carmakers of the likes of Volkswagen, Audi, Ford, Fiat Chrysler...
...The CRO position is an unexpected next act at the $183bn tech group for Mr Patterson, who at 52 is one of the FTSE 100’s younger former chief executives....
...Balancing those interests was never going to be straightforward, even before the coronavirus pandemic forced F1’s season into a costly delay....
...A Mitsubishi Group-led consortium announced the purchase of Dutch utility group Eneco for $4.1bn. EBay sold the ticketing business StubHub to Viagogo for $4.1bn....
...Audi Sector: AUTOs / HQ: Ingolstadt, Germany Key stat: €4.6bn — Audi’s operating profit in 2019, the largest of VW’s 12 marques....
...“Each time I’m selling an EV I’m making much less money than selling anything else,” says Carlos Tavares, chief executive of PSA, the French carmaker behind Peugeot, Opel, Citroën and Vauxhall....
...CYBG, the old Clydesdale and Yorkshire banks, adopted the shinier branding for the whole of the group after taking over Virgin. Results don’t look so shiny though....
...Barclays, Morgan Stanley, UniCredit, Credit Suisse and Royal Bank of Scotland are facing writedowns of up to £1.8bn....
...Daimler’s Mr Troska said more than 600 of its top-of-the-line, premium S-Class Maybachs were being sold a month in China....
...WPP, which owns advertising companies such as Young & Rubicam, Group M and J Walter Thompson, also expressed interest in MediaMonks, according to people briefed on the sale of the company....
...A former hard-charging, cost-cutting executive at BMW, he took the reins of the VW brand, which is one of multiple brands in the group along with Audi and Porsche, in the summer of 2015....
...’s Roadster and Model S, then breaking into the volume segment with lower priced offerings....
...to oligarchs or other private groups....
...At first glance, the complaint shows shoddy M&A work done by Ness....
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