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...Management of the division was taken over by Thomas Coesfeld, the 33-year-old scion of Bertelsmann’s owners, the Mohn family, last year....
...Arms manufacturers are now producing weapons and equipment without pre-orders because of booming demand, Hensoldt chief executive Thomas Müller told the Financial Times....
...VW is making “much faster progress” with battery factory plans in North America compared with Europe, Thomas Schmall, head of VW’s components unit, wrote on LinkedIn after attending the meeting in Brussels...
...But I went with it because a) it gave me an interesting picture to use at the top of a newsletter that is in effect about bankers and b) this “pink vegan mayo with BBQ sauce” gives me fond flashbacks to...
...Its chief executive Thomas Müller last year said the company was producing radars without pre-orders — something that would have been unthinkable before the war in Ukraine....
...“From a cost point of view, it could not compete with a blast furnace [in Europe],” says Thomas Hansmann, chief technical officer for the Düsseldorf-based SMS Group, which builds plants for the metal industry...
...Fitch Ratings downgraded Vanke in October from triple B plus to triple B, citing weaker than expected sales....
...Documents published on Monday showed that Wolf would step down following Vitesco’s merger with Schaeffler, with Thomas Stierle — Vitesco’s head of electrification solutions — taking over as head of what...
...At a meeting with union representatives on Monday, the head of the Volkswagen brand Thomas Schäfer warned that the flagship business was not making “enough profit with our cars to independently finance the...
...They need a plan B and a plan C,” said Patricia Lenkov, an expert on corporate governance and succession.No company wants to deal with the ramifications of disaster successions such as Microsoft’s in 2013...
...Additional reporting by Patricia Nilsson in Frankfurt...
...“A year ago we were beyond this and now we are back in that silly discussion about if electric mobility is really important,” said Thomas Ingenlath, chief executive of EV brand Polestar....
...“It is always a big threat when other people catch up,” said Thomas Ingenlath, CEO of EV brand Polestar, which is majority owned by Volvo Cars and Li Shufu, owner of Volvo’s parent Geely....
...helen.thomas@ft.com Letter in response to this column: Slapping a green label on mortgages ‘won’t cut it’ / From Steve Round, Co-Founder, SaaScada, London EC3, UK...
...and 360,000 b/d in 2025....
...“We converted our fantastic revenue growth into high profit and ultimately into strong free cash flow,” said head of finance Ralf Thomas....
...In a separate statement, Thomas Schäfer, chief executive of the VW brand, said its cost saving programme was “the number one priority for the entire board of management”....
...charges against Wolf have been made in connection to the government corruption investigation, but investigators have said they are looking into a tax write-off of €630,000 he appears to have been given by Thomas...
...The software arm’s current chief Dirk Hilgenberg, as well as technology chief Lynn Longo and chief financial officer Thomas Sedran, are all looking for new posts within the VW group, the people said....
...One we missed: DisneyWar, by James B Stewart. Update: The boardroom conflicts at ExxonMobil over climate change and the future of fossil fuels have only intensified since Private Empire was published....
...The UK bank has put B.UK, a Bermuda-based holding company that controls the Telegraph titles, into receivership, the people said. AlixPartners has been appointed as receiver at B.UK, they added....
...The bank has put B.UK, a Bermudian-based holding company that ultimately controls the Telegraph Media Group, into receivership, Lloyds confirmed on Wednesday....
...The German carmaker on Monday said its battery arm PowerCo would build its first plant outside Europe in St Thomas, Ontario, as the group’s “growth strategy” in the region was being “fast-forwarded”....
...unknown’ As we laid out in some detail in a report that leveraged the FT’s network of European correspondents, the big “known unknown” here is a) how prepared EU exporters are for the new paperwork and b)...
...Dara took her turn on the catwalk just before actor Kristin Scott Thomas. “I know I’ve got this for real,” she said. “It’s like, that’s possible, why not? Why can’t I?”...
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