Volkswagen: Oliver Blume takes over as CEO amid struggles with software division
04 September 2022 | 12:02 pm
Porsche CEO Oliver Blume has begun his dual role as the head of Volkswagen. Blume is taking over at a sensitive time for the German carmaker, as it tries to pull off a shift to electric vehicles.
23 Oct 2020
The hotel industry is "60 percent distressed, 40 percent optimistic" as it confronts the next wave of the coronavirus pandemic. That's the view of Sébastien Bazin, the CEO of AccorHotels, the largest hospitality company in Europe. Bazin spoke to FRANCE 24 about the challenges and opportunities facing the sector. He says European government aid has been "indispensable" but that member states need to coordinate more on travel guidelines, and forecasts the region won't return to pre-pandemic occupancy levels until 2023.
25 Dec 2020
We're not superheroes, we are scientists, BioNTech CEO Ugur Sahin has told DW. In an exclusive interview, the scientist explains how the firm will respond to a new virus strain and why he has not been vaccinated yet.
29 Dec 2020
The death by suspected poisoning of Lin Qi, the billionaire founder of Chinese video game company Yoozoo, leaves an opening on the listed firm's nine-person board of directors.
14 Jan 2021
Jack Dorsey has defended Twitter's decision to ban Donald Trump over his role in inciting violence offline. He added that such a move has "real and significant ramifications."
19 Feb 2021
The CEO of Robinhood, a Reddit influencer and Wall Street hedge fund managers have all faced a grilling from US lawmakers over the recent frenzy around GameStop. The House Financial Services Committee asked six key witnesses whether the extreme volatility in the shares last month, which rose almost 2,000 percent in a short space of time, exposed questionable market practices and potential conflicts of interest. But first, Renault booked a net loss of €8 billion for 2020 as global car sales dropped by more than a fifth, although the situation recovered strongly in the second half of the year.
27 Mar 2021
The auto group says past executives breached their "duty of care." Both ex-Volkswagen and Audi CEOs, Martin Winterkorn and Rupert Stadler, have rejected the accusations.
22 May 2021
The CEO of Apple took the stand to reject a lawsuit filed by Epic Games claiming the tech giant is abusing its position with its online marketplace and claiming outsized commissions.
28 Jun 2021
The German automobile giant has now set a timeline for its exit from combustion engine cars. The changes will affect Europe first, with the US and China to follow "a little later."
15 Jul 2021
Owners of VW cars in the Netherlands will be entitled to compensation of between €1,500 and €3,000 over the diesel emissions scandal, an Amsterdam court ruled.
18 Jul 2021
Commissioner of Police Lagos command Hakeem Odumosu revealed that more suspects have been apprehended as more clues are being unraveled into the murder of SuperTV CEO, Usifo Ataga.
2 Aug 2021
Federal prosecutors in New York have said the Nikola founder and CEO "brazenly lied" to investors about the the company's green vehicles to inflate market value and drive up his earnings. The SEC has also filed charges.
7 Oct 2021
Google CEO Sundar Pichai announces that the tech giant will invest $1 billion over the next five years to allow for faster and more affordable internet access and support entrepreneurship in Africa. Internet reliability is a problem in Africa where less than a third of the continent's 1.3 billion people are connected to broadband, according to the World Bank. But the continent, where nearly half the population is under 18, is a promising market.
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Many children whose families have fled Ukraine to Germany are now attending German schools. An estimated 160,000 Ukrainian children has attended schools in Germany this year – an additional challenge for the country's education system.
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Inflation is a major concern in Germany, where the rate is currently at around 7.9%. Energy and food costs have risen sharply, and the winter months are approaching.
3 hours ago
US-trained software engineer Nelly Cheboi is transforming the lives of young Kenyans by training them to be the next generation of tech wizards! The 29-year-old recycles old computers and refurbishes them so kids can learn vital IT skills.
3 hours ago
A forensic pathologist and a priest are uncovering evidence of execution-style killings of people allegedly involved in the drugs trade. Exhuming remains and delivering accurate death documents, they have helped Filipino families to gather new evidence.
3 hours ago
An LNG terminal is planned for Wilhelmshaven in the hopes of making Germany independent of Russian gas. Speed is of the essence. Is it possible to complete this terminal in record time? We visited the official construction kickoff to find out.