Friday, October 18

Tag: DACH Countries

Volkswagen’s Elusive Quest to Make an EV for the Masses
31Dec By adminNo Comments
World

Volkswagen’s Elusive Quest to Make an EV for the Masses

Updated Dec. 31, 2023 12:19 am ETBERLIN—Almost a decade ago, Volkswagen set out on an expensive quest to dominate the new world of software-defined cars and build the electric “people’s car.” It is still trying. The German automaker has invested billions of euros, retooled entire plants and created new software and battery companies to assist in making the transition. However, VW has yet to produce an EV that has matched the success of its historic gas-powered models such as the Beetle and the Golf in its core markets. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Worldwide, 2024 Elections Promise a Whirlwind
28Dec By adminNo Comments
Health

Worldwide, 2024 Elections Promise a Whirlwind

Dec. 28, 2023 12:49 pm ETIt’s (almost) election year, baby! Every year is important in its way, and most elections matter to someone. Even so, 2024 promises to be unusually electorally exciting due to the sheer amount of voting across the democratic world—and over what issues.What seems likely to be an awful U.S. presidential election in November is only part of the story. Hyperventilation about Donald Trump’s supposedly authoritarian instincts and well-founded concerns over Biden family corruption will motivate the major parties’ bases. But don’t lose sight of the global significance of this contest, given the security and economic threats and challenges confronting the winner. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 ...
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Trump as Dictator Is a Classic Case of Projection
11Dec By adminNo Comments
Business

Trump as Dictator Is a Classic Case of Projection

If you haven’t heard, Donald Trump and his MAGA Republicans are planning a coup. “A Trump dictatorship is increasingly inevitable,” Robert Kagan, an editor at large at the Washington Post, writes in a recent 6,000-word essay that compares America’s fractious democracy with Weimar Germany.Budding opinion writers are instructed not to draw inapt comparisons to Hitler, yet Mr. Trump’s opponents are casting aside such conventions in much the same way they’re jettisoning political and legal ones. Only by convincing themselves that Mr. Trump threatens the existence of the republic can they justify their own weaponization of government to stop him. “When a marauder is crashing through your house, you throw everything you can at him—pots, pans, candlesticks—in the hope of slowing him down and tri...
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German Industrial Production Contracted Unexpectedly in October
7Dec By adminNo Comments
World

German Industrial Production Contracted Unexpectedly in October

Germany’s industrial production fell unexpectedly in October, and for a fifth-straight month, a further sign of the deteriorating environment in the key manufacturing base of Europe’s largest economy.Output dipped 0.4% compared with the previous month, seasonally and on a calendar-adjusted basis, from a 1.3% decline in September, according to data published Thursday by German statistics office Destatis.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Switzerland Charges Trafigura and a Former Top Executive With Bribery
7Dec By adminNo Comments
Money

Switzerland Charges Trafigura and a Former Top Executive With Bribery

Updated Dec. 6, 2023 3:29 pm ETSwiss prosecutors charged a former top executive at Trafigura with facilitating payment of millions of dollars’ worth of bribes to land the energy trader preferential treatment in African oil producer Angola.Mike Wainwright helped to funnel part of the payments to an Angolan official, Swiss prosecutors said in an indictment at the Federal Criminal Court on Wednesday. These included more than 4.3 million euros, equivalent to $4.6 million, to a bank account in Geneva between 2009 and 2011, and $604,000 in cash payments in Angola. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Switzerland Charges Trafigura and a Former Top Executive With Bribery
6Dec By adminNo Comments
World

Switzerland Charges Trafigura and a Former Top Executive With Bribery

Updated Dec. 6, 2023 1:21 pm ETSwiss prosecutors charged a former top executive at Trafigura with facilitating payment of millions of dollars’ worth of bribes to land the energy trader preferential treatment in African oil producer Angola.Mike Wainwright allegedly helped to funnel the payments to an Angolan official, including some of more than 4.3 million euros, equivalent to $4.6 million, to a bank account in Geneva between 2009 and 2011, the Office of the Attorney General of Switzerland said when it announced the criminal charges on Wednesday. He also approved transactions that led to over $604,000 in cash payments in Angola, prosecutors said in an indictment at the Federal Criminal Court.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb...
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Around the World With Henry Kissinger
4Dec By adminNo Comments
Health

Around the World With Henry Kissinger

Getting to know Henry Kissinger was a wonderful bonus of serving in the U.S. Senate. Some of the most memorable times I had with him were when he traveled with John McCain and me to the annual security conference in Munich. On one overnight flight, John and I peppered Henry with questions about his peace efforts in the Mideast, the opening with China, ending the Vietnam War and reducing tensions with the Soviet Union.Sunlight spilling in through the plane’s windows awakened me the next morning, and as a religiously observant Jew, I put on my tallit (prayer shawl) and tefillin (small black leather boxes containing excerpts from the Bible that are worn on the head and arms) and said my prayers. When I finished, I was surprised to hear Henry’s sonorous voice: “You know, Joe, I was raised rel...
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Swiss Life CEO to Step Down
4Dec By adminNo Comments
World

Swiss Life CEO to Step Down

Swiss Life Holding said Patrick Frost has decided to step down as chief executive at the group’s annual general meeting in May next year, after 10 years at the helm of the insurer.The company said Monday that Matthias Aellig, currently chief financial officer, would succeed Frost as CEO as of May 16, 2024. Marco Gerussi, who served as head of finance transformation since 2018, will replace Aellig as CFO.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Evan Gershkovich, Detained for 250 Days, Is Still Bringing His Friends Together
4Dec By adminNo Comments
World

Evan Gershkovich, Detained for 250 Days, Is Still Bringing His Friends Together

Listen to article(1 minute)At least once a day, every day, for the past 250 days, Polina Ivanova is overcome with the troubling thought of Evan Gershkovich staring at the wall of his prison cell.Ivanova, a Russia correspondent for the Financial Times, will be enjoying a meal with friends in Berlin, watching the sunset or traveling to a new city. Then the image creeps in of her close friend, whose view of the world has seldom stretched physically beyond the confines of his cell at Lefortovo prison in Moscow since the early spring.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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