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Search resuls for: "Regensburg"


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Vitesco says new Schaeffler offer for EV merger 'inadequate'
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +1 min
The Vitesco company logo is seen at Continental's pilot location for industry 4.0 applications in Regensburg, Germany, February 28, 2020. REUTERS/Michael Dalder/File Photo Acquire Licensing RightsNov 27 (Reuters) - German automotive supplier Schaeffler (SHA_p.DE) raised its offer price for shares in Vitesco Technologies (VTSCn.DE) on Monday, as a goodwill gesture, but Vitesco management said the new offer was "inadequate". Germany's billionaire Schaeffler family holds all voting rights and 75% of shares in its namesake supplier of electric vehicle components. It also owns close to 50% of Vitesco, making the likelihood the merger will be agreed all but certain. However, under pressure from some investors, who said the original offer of 91 euros per share was too low, it increased its offer price to 94 euros ($102.53) per share in Vitesco.
Persons: Michael Dalder, Schaeffler, Vitesco, Amir Orusov, Christina Amann, Rachel More, Barbara Lewis Organizations: REUTERS, Vitesco Technologies, Continental AG, Thomson Locations: Regensburg, Germany, Vitesco
"Thirty of us went out, 16 including my brother got back, five of us got captured and nine got killed," Hay said. He is now an active ambassador for the nearby British Normandy Memorial, overlooking Gold Beach in the UK sector. Until two years ago, Britain was alone among allies on the Western front in not having a dedicated Normandy memorial. The 30-million-pound ($37 million) memorial was financed by fines levied on banks by the British government, as well as private donations. In a forest near Regensburg, Germany, guns approached from the West and the German commanding officer accepted the war was over.
Persons: Ken Hay, Tim Hepher, Hay, Britain's King Charles III, Emmanuel Macron, Sacha Marsac, Thomas Hardwyre Milligan, Sidney Bates, VIII, I've, Kevin Liffey Organizations: Normandy, Juno, Royal International Air, REUTERS, Thomson Locations: Normandy, Fairford, Britain, France, Nazi, English, Essex, Gold, Ver, Mer, British, Hay, Czech Republic, Regensburg, Germany
Nov 14 (Reuters) - Following is a list of players who have been ruled out or are doubtful for the Nov. 20-Dec. 18 World Cup through injury. The 29-year-old resumed training but on Oct. 31 his agent said the midfielder would not return to action for Juventus nor the world champions before the World Cup. PEDRO NETO (PORTUGAL)The 22-year-old Wolverhampton Wanderers winger will undergo surgery on an ankle injury sustained against West Ham United in October. BOUBACAR KAMARA (FRANCE)The Aston Villa midfielder suffered a knee ligament injury in September that will keep him out until after the World Cup. SADIO MANE (SENEGAL)Sadio Mane has been named in Senegal's squad for the World Cup despite suffering an injury playing for Bayern Munich.
LEIPZIG, Germany, Oct 20 (Reuters) - BMW (BMWG.DE) is testing a burner able to operate on both hydrogen and gas in its paint shop in Leipzig, the carmaker said on Thursday, as it also announced an 800-million-euro ($782 million) investment in new battery assembly lines at the plant. The burner, developed together with combustion technology firm Saacke with the aim of reducing carbon emissions in the production process, is able to switch from hydrogen to gas or vice-versa while in use. Carmakers looking to reduce dependence on Russian gas have been struggling to find a solution for how to power their paint shops without the fuel. Register now for FREE unlimited access to Reuters.com RegisterBMW already uses hydrogen in the production process at its Leipzig plant, with a fleet of hydrogen-powered trucks for logistics transport and five storage tanks on the premises. Also on Thursday, BMW said it was adding a third battery assembly line and five cell varnishing lines to the Leipzig plant by 2024, with two more high voltage battery assembly lines to follow after that.
Pope Benedict XVI, 1927-2022
  + stars: | 2005-04-19 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
Pope Emeritus Benedict XVI died Saturday at age 95 at the monastery inside the Vatican where he’d been living since he resigned in 2013—the first pope to resign in nearly 600 years. His reason for stepping down was straightforward: Then age 85, he was no longer up to the demands of the job. But the writings of the man born Joseph Ratzinger are the most significant legacy of his life and papacy. They reflect his theological focus on the interplay between reason and faith, or between Athens and Jerusalem in the Western philosophical tradition. This was the message of his 2006 address at the University of Regensburg, which was widely misinterpreted as an attack on Islam.
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