Volkswagen group CEO Herbert Diess delivers a speech during a visit to the SEAT (Volkswagen group) carmaker’s factory in Martorell, near Barcelona, March 5, 2021. REUTERS/Albert GeaVolkswagen (VOWG_p.DE) boss Herbert Diess is stepping down as head of the supervisory boards at subsidiaries Seat and Skoda to focus on building up a stronger software-development team, a…
LONDON (Reuters) – The pound, enjoying a period of calm after 4-1/2 years of Brexit-linked chaos, may suffer some turmoil if an election next week raises the chances of Scottish nationalists calling — and winning — a vote on independence from the United Kingdom.FILE PHOTO: Demonstrators march for Scottish Independence through Glasgow City centre, Scotland,…
Institutions need to keep their crypto assets somewhere. And they aren’t going to keep it on some random, or consumer-grade crypto operation. This requires more sophisticated technology. Furthermore, being in the EU is going to be a key barrier to entry for many US or Asia-based operations. Thus it is that Berlin-based digital asset custody…
Webinar will explore how COVID-19 will have a transformative impact on key mobility segments such as corporate travel, car ownership and urbanization SANTA CLARA, Calif., April 29, 2021 /PRNewswire/ — Mobility patterns across cities are highly influenced by Mega Trends, global events, changing work environments, and shifting industry structures, which have a direct correlation with commuting…
A Free-Market Defense Of Coca-Cola, Delta, And ‘Woke’ Capitalism Our auditors at OpenTheBooks.com mapped every government receiving the congressional bailout. Look up your hometown by clicking one of the 50 pins (state capitol) and then scroll down to the chart beneath the map to see the local areas that received Rescue Act aid. Beyond the…
A Huawei logo is seen at the Mobile World Congress (MWC) in Shanghai, China February 23, 2021. REUTERS/Aly SongChina’s Huawei Technologies Co Ltd (HWT.UL), once the world’s biggest smartphone maker, saw its phone shipments to retailers and other sellers within China plunge by half in the first quarter, as U.S. sanctions on its supply chain…
A record $1.8 trillion worth of bonds are set to mature in Asia this year, data shows, leading to a rush to refinance them in the coming months. Most of the maturing bonds in Asia are from China, South Korea, Australia and India and the region dwarfs Europe and the United States in terms of…
OSLO, April 29 (Reuters) – Western Europe’s largest oilfield, Johan Sverdrup, will ramp up its production in early May, sooner than previously expected, Swedish independent oil firm Lundin Energy said on Thursday.“Phase 1 production capacity is about to step-up to 535,000 barrels of oil equivalent per day (boepd) gross, and I expect, when the impact…
* Q1 net profit NOK 5.9 bln vs forecast NOK 4.9 bln* Return on equity was 10% for the quarter* Unlikely to hit 12% ROE goal this year (Adds background, detail)OSLO, April 29 (Reuters) – Norway’s DNB, which recently launched a bid for rival Sbanken, reported a bigger-than-expected rise in first-quarter earnings on Thursday but…
MyPillow CEO Mike Lindell made an appearance on Jimmy Kimmel’s late-night show on Wednesday night. The two had a 20-minute conversation, during which Lindell said he had not been home in months because of “death threats.” The two previously exchanged barbs after Kimmel mocked Lindell’s social network, Frank. See more stories on Insider’s business page.…
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