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Search resuls for: "Stadler"


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The temple of Edfu is over 2,000 years old and centuries of dirt had built up on its walls. All the grime covered vibrant colors that add a new layer of meaning to the inscriptions. Go to newsletter preferences Thanks for signing up! AdvertisementA restoration team is transforming the Temple of Horus from a dusty, grimy sight into a glimpse of the colorful masterpiece it once was. The temple is covered, up to its ceiling, with inscriptions, images, and hieroglyphs that Egyptians painstakingly created more than 2,000 years ago.
Persons: , Horus, Edfu, Martin A . Stadler Organizations: Service, University of Würzburg, Egyptian Ministry of Tourism Locations: Edfu, Egypt
Matthias Schrader/Pool via REUTERSSummarySummary Companies Stadler given suspended sentence, 1.1 mln euro fineFirst former VW board member sentenced for diesel scandal fraudFormer exec, engineer also sentenced and finedJune 27 (Reuters) - Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine months by a Munich court on Tuesday for fraud by negligence in the 2015 diesel scandal, becoming the first former Volkswagen board member to receive such a sentence. Prosecutors had originally wanted a 2-million-euro fine, citing Stadler's salaries at Audi and Volkswagen and his financial and real estate assets. Stadler's trial, one of the most prominent court proceedings in the aftermath of the diesel scandal, has been ongoing since 2020. Audi's parent group Volkswagen (VOWG_p.DE) and Audi admitted in 2015 to having used illegal software to cheat on emissions tests. Stadler was accused of failing to stop the sale of the manipulated cars after the scandal became known.
Persons: Rupert Stadler, Matthias Schrader, Stadler, Ulrike Thole, Groll, Wolfgang Hatz, Giovanni P, Joern Poltz, Victoria, Friederike Heine, Jason Neely Organizations: Audi, VW, Volkswagen, Prosecutors, Thomson Locations: Munich, Germany
London CNN —A Munich court has handed former Audi CEO Rupert Stadler a suspended jail sentence of one year and nine months for fraud in the 2015 diesel emissions scandal that rocked Volkswagen Group. Stadler is the first Volkswagen (VLKAF) board member to be sentenced in the affair, some four years after German prosecutors laid fraud charges against the executive. He entered a plea bargain with the court, confessing to his crimes in order to avoid spending time in jail. The affair also led German prosecutors to charge former Volkswagen CEO Martin Winterkorn with fraud in 2019. Stadler, who had worked for Volkswagen since 1990, agreed to pay the company €4.1 million ($4.5 million) following the same investigation.
Persons: London CNN —, Rupert Stadler, Stadler, Audi’s, Wolfgang Hatz, Giovanni Pamio, Hatz, Pamio, Martin Winterkorn, Winterkorn, , , Organizations: London CNN, Audi, Volkswagen Group, , Volkswagen, VW, Porsche, “ Audi Locations: Munich, Berlin
The luxury brand is expected to have a tie-up with Sauber, although have only announced they are manufacturing engines from 2026 so far. Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine months by a Munich court on Tuesday for fraud by negligence in the 2015 diesel scandal, becoming the first formerVolkswagen board member to receive such a sentence. The ex-boss was fined 1.1 million euros ($1.20 million), which will go to the state treasury and non-governmental organisations, the court said. Stadler's trial, one of the most prominent court proceedings in the aftermath of the diesel scandal, has been ongoing since 2020. Audi's parent group Volkswagen and Audi admitted in 2015 to having used illegal software to cheat on emissions tests.
Persons: Rupert Stadler, Stadler Organizations: Sauber, Audi, Volkswagen Locations: Munich
His name is John Daly, and he is about to win the 1991 PGA Championship. The caller was Nick Price, a well-known player on the PGA Tour with three wins under his belt. Daly during the first round of the 2022 PGA Championship at Southern Hills Country Club in Tulsa. Yet to win on the PGA Tour, there will be little expectation on the world No. 117 to change that fact on his PGA Championship debut on Thursday.
The former CEO has been on trial since 2020 over his role in the scandal after parent group Volkswagen (VOWG_p.DE) and Audi admitted in 2015 to having used illegal software to cheat on emissions tests. The trial is one of the most prominent court proceedings in the aftermath of the diesel scandal at Volkswagen (VOWG_p.DE) and its subsidiary Audi. Revelations that millions of emissions tests had been manipulated emerged in September 2015. Stadler was accused of failing to stop the sale of the manipulated cars after the scandal became known. Stadler has been on trial along with former Audi executive Wolfgang Hatz and an engineer.
Rupert Stadler, the former chief executive of the automaker Volkswagen's Audi division, has agreed to plead guilty to charges in Germany related a vast emissions cheating scandal, becoming the highest-ranking executive to be convicted in the case, which changed the direction of the car industry. Mr. Stadler, 60, who was also a member of Volkswagen’s management board, was accused of allowing diesel cars made by Audi to remain on sale even after the parent company admitted in 2015 that millions of its vehicles were equipped with software designed to mask excess emissions. The scandal cost Volkswagen tens of billions of dollars in fines, legal settlements and lawyers’ fees and had a lasting impact on the auto industry. It inspired European lawmakers to impose much tighter limits on auto emissions, accelerating a transition from internal combustion engines to electric cars. Volkswagen became one of the first big German automakers to invest heavily in battery power, which executives saw as a way to restore the company’s tarnished reputation.
[1/2] A logo of Alstom is seen at the Alstom's plant in Semeac near Tarbes, France, February 15, 2019. REUTERS/Regis Duvignau/File PhotoJan 25 (Reuters) - French train maker Alstom (ALSO.PA) posted an 8% rise in third-quarter sales on Wednesday, helped by forecast-beating orders, particularly in Europe. Revenue in the October-December period, Alstom's fiscal third quarter, amounted to 4.22 billion euros ($4.60 billion), compared with 3.92 billion euros in the same period a year earlier. Quarterly orders, of which most came from Europe, increased by 13% to 5.15 billion euros, and were 11% ahead of a consensus cited by J.P.Morgan. Alstom's orders "highlight high level of activity in rail industry which is already visible in large order announcements of companies", J.P.Morgan analyst Akash Gupta said in a note to clients.
Family offices more than doubled their direct investments in startups last year to more than $120 billion, remaking the venture-capital landscape and launching a new wave of family-office funded entrepreneurs. Single family offices invested $123 billion in direct venture capital deals last year, up from $55 billion in 2020, according to a report from SVB Capital. There are now more than 10,000 family offices worldwide — most created over the past decade — with over $6 trillion in assets under management. In-house deal teams "Family offices are leaning in to the venture asset class," said Shailesh Sachdeva, managing director of SVB Capital's Family Office practice. As they balloon in size and sophistication, family offices are becoming deal powerhouses in their own right.
Persons: Shailesh Sachdeva, SVB, Sachdeva, Younger, Joe Stadler, Stadler, Mark Ang, Michael Hyatt, Hyatt barraged Ang, Ang, Hyatt Organizations: SVB, UBS, UBS Global Wealth Management, University of Toronto, Hyatt Family, Hyatt Locations: Canadian
Sursa foto: Guliver/Getty ImagesVolkswagen va primi despăgubiri de 288 milioane de euro de la foștii directori pentru scandalul DieselgateVolkswagen va primi despăgubiri în valoare de 288 milioane de euro de la foştii directori pentru scandalul Dieselgate, a anunțat grupul auto german Volkswagen, după ce a ajuns la un acord amiabil cu un grup de patru foşti directori, printre care şi fostul director general Martin Winterkorn. În luna septembrie 2015, Volkswagen, cel mai mare constructor auto mondial, a provocat un şoc după ce a recunoscut că a utilizat un soft care falsifică rezultatele testelor antipoluare ale motoarelor diesel. La o săptămână după declanşarea acestui scandal, Martin Winterkorn, care la acea dată era director general la Volkswagen, şi-a dat demisia. În conformitate cu înţelegerea anunţată miercuri, Martin Winterkorn şi fostul CEO de la divizia Audi, Rupert Stadler, vor plăti despăgubiri în valoare de 11,2 milioane euro, respectiv 4,1 milioane de euro. La aceste sume se adaugă plăţi pentru asigurările încheiate de Volkswagen drept acoperire pentru responsabilitatea foştilor săi manager, plăţi care se ridică la un total de 270 milioane de euro.
Persons: Martin Winterkorn, Rupert Stadler, Stefan Knirsch, Wolfgang Hatz Organizations: Volkswagen, consecinţă, Agerpres, Audi, Porsche AG, Adunarea Generală Locations: justiţie
Volkswagen va primi despăgubiri în valoare de 288 milioane de euro de la foştii directori pentru scandalul Dieselgate, a anunțat grupul auto german Volkswagen, după ce a ajuns la un acord amiabil cu un grup de patru foşti directori, printre care şi fostul director general Martin Winterkorn. În luna septembrie 2015, Volkswagen, cel mai mare constructor auto mondial, a provocat un şoc după ce a recunoscut că a utilizat un soft care falsifică rezultatele testelor antipoluare ale motoarelor diesel. La o săptămână după declanşarea acestui scandal, Martin Winterkorn, care la acea dată era director general la Volkswagen, şi-a dat demisia, scrie digi24.ro. În conformitate cu înţelegerea anunţată miercuri, Martin Winterkorn şi fostul CEO de la divizia Audi, Rupert Stadler, vor plăti despăgubiri în valoare de 11,2 milioane euro, respectiv 4,1 milioane de euro. La aceste sume se adaugă plăţi pentru asigurările încheiate de Volkswagen drept acoperire pentru responsabilitatea foştilor săi manager, plăţi care se ridică la un total de 270 milioane de euro.
Persons: Martin Winterkorn, Rupert Stadler, Stefan Knirsch, Wolfgang Hatz Organizations: Volkswagen, consecinţă, Agerpres, Audi, Porsche AG, Adunarea Generală Locations: justiţie
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