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...Cruise has since brought in law firm Quinn Emanuel — one of the law firms that sued Volkswagen over the 2015 diesel scandal — to investigate its response to the accident....
...Other private equity groups including CVC have prepared plans to go public, creating expectations of a second wave of listings following the crisis-era floats of Blackstone, Apollo and KKR....
...Citadel Securities, which has commanding positions in US stocks, Treasuries and swaps trading, has been at the vanguard of a group of ultrafast firms that have stepped into sovereign debt markets as tougher...
...At the time, the UAW faced fierce opposition from elected officials, local business leaders and a group of anti-UAW employees funded by anti-union interest groups, said Harry Katz, a professor of collective...
...A vote is scheduled this month at Volkswagen’s factory in Chattanooga, Tennessee, after more than 70 per cent of workers there signed union authorisation cards....
...The Wolfsburg-based group was one of the first western companies to enter China in the late 1970s and makes roughly half of its profits in the country....
...Volkswagen lost the crown as the world’s largest carmaker by sales to Toyota in 2016 in the wake of its diesel emissions scandal....
...The German group’s 11 per cent pay increase means three-quarters of non-unionised US car plants owned by traditional car brands have now raised wages since the deal, a pattern the union is calling “the UAW...
...Switzerland-based Mercuria, founded in 2004 by Marco Dunand and Daniel Jaeggi, was predominantly an oil trader but bolstered its power trading operations in 2014 through the acquisition of part of JPMorgan...
...Hyundai added that during its Alabama site’s 18 years of operation “our team members have not shown an interest in union representation.” Volkswagen and Subaru declined to comment....
...“We wish that there could have been a better outcome for the Ted Baker employees and stakeholders,” John McNamara, chief strategy and transition officer at Authentic Brands Group, the US owner of the Ted...
...Israel moves some of its troops from southern Gaza to prepare for an operation in the city of Rafah, Google is considering charging for AI-powered search, and European defence companies are worried about...
...But the Swedish case shows that influential unions are able to disrupt Tesla’s operations, even if its own workers are not unionised or — in the case of Sweden — it does not even manufacture vehicles....
...“Volkswagen needs China to sell its cars, but China has its own carmakers by now,” Werning said, highlighting how the Wolfsburg-based group relies on the country for roughly half of its profits....
...The EU imports large amounts of solar panels from the region and Volkswagen operates a car assembly plant there....
...The DMA has created a framework of rules designed to force big tech companies to make changes to their operations in ways that allow for greater competition in digital markets....
...But the departure of two such high profile names could also mean less access to international working conditions, and less scrutiny of operations. “It feels bad,” the executive said....
...In advance of that, some US investors with large operations in the country, such as Sequoia Capital and GGV Capital, have spun off their Chinese businesses....
...He had met the co-head of Barings’ private finance group Adam Wheeler years earlier, when Wheeler worked at Australian firm AMP Capital, although Weightman said that this brief encounter had no bearing on...
...The relationship, which spans Germany’s largest groups including Volkswagen and BASF to small and medium-sized companies of the country’s Mittelstand, was long seen as a pillar of the country’s economic...
...Renault had also begun talks with Volkswagen about collaborating on a low-cost EV project, De Meo said....
...In another example, Shenzhen-based Appotronics, which provides laser projectors for nearly half of China’s cinemas, will supply BMW with laser technology for some of the German group’s latest in-car displays...
...However, one of that group, CVC, last month postponed its plans to go public until next year because of market uncertainty, the Financial Times reported....
...after operations....
...Human Rights Watch approached carmakers with large Chinese factories including General Motors, Tesla, Toyota, Volkswagen and BYD, the Chinese group that is the world’s biggest EV maker....
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