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☆ Linda Evangelista Revisits Old Scars
▼ + stars: | 2024-02-23 | by ( Ruth La Ferla | ) www.nytimes.com time to read: +1 min

When Steven Meisel shot the supermodel Linda Evangelista for the September 2022 issue of British Vogue, she hid many of her features beneath a series of hats and scarves. Ms. Evangelista, 58, seems far less shy these days. In the magazine, Ms. Evangelista appears in photos by Cass Bird looking not much older than she did in the ’90s, when she bragged that she would not get out of bed for less than $10,000 a day. “I try to love myself as I am,” she said in an interview with Claire Beermann, a writer and the style director at Zeit Magazin. (Ms. Evangelista declined to be interviewed for this article through a representative.)

Persons: Steven Meisel, Linda Evangelista, ”, Evangelista, Cass Bird, “, Claire Beermann Organizations: British Vogue, Vogue, Zeit Magazin Locations: British

☆ Continental plans thousands of job cuts in auto division
▼ + stars: | 2023-11-13 | by ( ) www.reuters.com time to read: +2 min

A car wheel with a badge showing the logo of German tyre company Continental, pictured before the company's annual news conference in Hanover, Germany, March 7, 2019. The exact number of job cuts was not immediately clear, but it will amount to the "mid-four-digit range", the company said. The news comes amid ongoing reports that Continental plans a restructuring and potential sell-offs, with CEO Nikolai Setzer saying in September he was considering a change in ownership of the company's ContiTech division. Continental will provide a full strategy update at its capital markets day on Dec. 4, the statement said. Last week the company reported that the automotive business returned to profit in the third quarter and predicted a strong quarter ahead.

Persons: Fabian Bimmer, Nikolai Setzer, Andrey Sychev, Victoria Waldersee, Christina Amann, Miranda Murray, Susan Fenton, Bernadette Baum Organizations: Continental, REUTERS, Rights, Reuters, Smart, Thomson Locations: Hanover, Germany

☆ Continental layoffs: German car parts maker plans thousands of job cuts
▼ + stars: | 2023-11-13 | by ( ) edition.cnn.com time to read: +2 min

Berlin — German car parts manufacturer Continental will cut thousands of jobs worldwide as part of a plan to save €400 million ($428 million) a year from 2025, it said Monday. The cuts, in the company’s Automotive division, which produces software, safety features and autonomous driving technology, will amount to the “mid-four-digit range,” Continental said. The group’s main businesses are making tires; the Automotive division; and a third division making digital technologies for autos and other sectors called ContiTech. The number of business areas within the Automotive division will be reduced from six to five. Last week the company reported that the Automotive business returned to profit in the third quarter and predicted a strong quarter ahead.

Persons: Nikolai Setzer Organizations: Continental, company’s Automotive, Automotive, Reuters Locations: Berlin, Germany

☆ Germany's Continental considers measures to improve competitiveness
▼ + stars: | 2023-11-12 | by ( ) www.reuters.com time to read: +2 min

A car wheel with a badge showing the logo of German tyre company Continental, pictured before the company's annual news conference in Hanover, Germany, March 7, 2019. REUTERS/Fabian Bimmer/File Photo Acquire Licensing RightsCompanies Continental AG FollowFRANKFURT, Nov 12 (Reuters) - Continental (CONG.DE) on Sunday said it is considering how to improve competitiveness of its automotive division but stopped short of commenting on a report that it could axe about 5,500 jobs worldwide. "Continental is looking into further measures to strengthen the competitiveness of its Automotive division," a spokesman said in reply to emailed questions about the report by business publication Manager Magazin. Once it has taken concrete decisions the company will publicise them internally and then inform the public, he added. Manager Magazin earlier wrote that the multinational automotive parts manufacturer could cut about 5,500 jobs in the automotive division, more than 1,100 of which would be at its 30 locations in Germany.

Persons: Fabian Bimmer, Vera Eckert, David Goodman Organizations: Continental, REUTERS, FRANKFURT, Automotive, Thomson Locations: Hanover, Germany

☆ Volkswagen plans job cuts, further launch delays at software unit -manager magazin
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

Volkswagen logo is pictured at the 2022 New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsBERLIN, Oct 27 (Reuters) - Volkswagen (VOWG_p.DE) wants to cut 2,000 jobs at its troubled software unit Cariad as part of a restructuring plan which will see its long-awaited new software architectures delayed even further, news outlet manager magazin reported on Friday. There is no concrete information on where positions should be cut in terms of structure and tasks," a Volkswagen works council spokesperson said. A Cariad spokesperson declined to comment on the article, but said Cariad CEO Peter Bosch has been working on a "comprehensive transformation plan" for "repositioning" the company since the summer. Volkswagen appointed Bosch, formerly Bentley production chief, as head of the unit earlier this year in an effort to get Cariad back on track.

Persons: Brendan McDermid, magazin, Peter Bosch, Herbert Diess, Miranda Murray, Friederike Heine, Kirsten Donovan Organizations: New York, REUTERS, Rights, Audi, Porsche, VW, Volkswagen, Bosch, Bentley, Thomson Locations: Manhattan , New York City, U.S

☆ Continental considering sale of ContiTech's car division - manager magazin
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +1 min

The name of German tire maker Continental is pictured on a wheel at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo Acquire Licensing RightsCompanies Continental AG FollowContiTech AG FollowBERLIN, Aug 21 (Reuters) - German auto parts supplier Continental (CONG.DE) is considering the sale of the car division bundled within ContiTech, manager magazin reported on Monday, citing company sources. Supervisory board chairman Wolfgang Reitzle and the executive board around chief executive Nikolai Setzer are considering a reorganization of the corporation, the business publication added, citing the sources. As part of the reorganization, ContiTech's car division, which specializes in belts and sealing systems, will be put up for sale first, said the report. Philip Nelles, who is in charge of the ContiTech division, told Reuters in February that the company's activities in the car sector would be bundled into their own unit with a stronger focus on electromobility.

Persons: Fabian Bimmer, Wolfgang Reitzle, Nikolai Setzer, Philip Nelles, Victoria Waldersee, Miranda Murray, Rachel More Organizations: IAA, REUTERS, Continental, BERLIN, Reuters, Thomson Locations: Hanover

☆ Continental considers sell-off of ContiTech car business - manager magazin
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +2 min

The name of German tire maker Continental is pictured on a wheel at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer/File Photo Acquire Licensing RightsCompanies Continental AG FollowContiTech AG FollowBERLIN, Aug 21 (Reuters) - German auto parts supplier Continental (CONG.DE) is considering the sale of the car division currently bundled within ContiTech, manager magazin reported on Monday, citing company sources. According to manager magazin, that unit - specialised in belts and sealing systems with a turnover of more than 2 billion euros - is due to be separated from the business within two years. The highly profitable tyres business and non-automotive part of ContiTech will be retained as the future core, it said, quoting an unnamed top manager who warned of the threat of a workforce rift if the tyres business continued financing the cars business. The company said in May that ContiTech would be realigned with the aim of enhancing its impact and efficiency, without providing further details.

Persons: Fabian Bimmer, Wolfgang Reitzle, Nikolai Setzer, ContiTech, Victoria Waldersee, Miranda Murray, Rachel More, Kirsten Donovan Organizations: IAA, REUTERS, Continental, BERLIN, Thomson Locations: Hanover, Europe, Americas, Asia Pacific

☆ Here are the 13 stocks Jim Cramer is watching, including Palo Alto, Eli Lilly, Boeing
▼ + stars: | 2023-08-14 | by ( Jim Cramer | ) www.cnbc.com time to read: +2 min

AMC (AMC): judge rules in favor of APEs. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Morgan Stanley, Eli Lilly, Bang, Goldman Sachs, David Solomon, Jim Cramer's, Jim Cramer, Jim Organizations: Alto Networks, UBS, Analysts, Mounjaro, Comcast, Union, AMAT, Nvidia Boston Properties, AMC, Boeing, Bank of America, Northrop, Parsons, Beverage, HSBC, New York Times, Jim Cramer's Charitable, CNBC Locations: Susquehanna

FRANKFURT, June 22 (Reuters) - Deutsche Bank (DBKGn.DE) is drawing up plans to cut 10% of its 17,000 German retail jobs over the next few years as part of cost savings, a person with knowledge of the matter said on Thursday. The plans at Germany's largest bank come as Claudio de Sanctis prepares to take over the retail unit, known as the private bank division, on July 1. Deutsche Bank, which declined to comment on any cuts to retail jobs, has publicly said that it is identifying further cost savings and would be trimming jobs in certain areas to keep profits growing. The bank has been expected to continue to cut branches to curb expenses, Reuters has previously reported. S&P last month upgraded its outlook for the bank and said that the retail division has "considerable scope" to cut costs.

Persons: Claudio de Sanctis, Tom Sims, Matthias Williams, Madeline Chambers, Susan Fenton Organizations: Deutsche Bank, Deutsche, Reuters, Thomson Locations: FRANKFURT, Germany's, Germany

☆ Here's everything you need to know about Lidl, the German discount chain that's struggling to keep up with Aldi's rapid US growth
▼ + stars: | 2023-06-04 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Lidl opened 450 stores in Germany in just 15 yearsA Lidl store in Nuremberg, Germany, in 1998. Shortly after, it opened stores elsewhere in Europe, including Italy in 1992 and the UK in 1994. In 2006, the retailer launched Lidl Asia, a sourcing arm for the company which has more than 1,000 employees across Hong Kong, China, and Bangladesh. Lidl launched its online store in 2009. Lidl is part of the Schwarz Group, alongside sister company Kaufland, a hypermarket chain launched by Schwarz in the 1980s.

Persons: Lidl, Claus Felix, Josef Schwarz, Dieter Schwarz, Schwarz, Josef, Kaufland Organizations: Getty, Lidl, Bloomberg, Schwarz Locations: Germany, Nuremberg, Ludwigshafen, Mundenheim, France, Europe, Italy, Asia, Hong Kong, China, Bangladesh, Lidl Northern Ireland, Neckarsulm

☆ Bentley production chief to lead Volkswagen's software overhaul - sources
▼ + stars: | 2023-05-08 | by ( Jan Schwartz | ) www.reuters.com time to read: +2 min

May 8 (Reuters) - Volkswagen (VOWG_p.DE) will announce later on Monday the removal of leadership at its troubled software arm Cariad and the appointment of Bentley production chief Peter Bosch to take the unit's helm, two sources close to the company said. Volkswagen is set to dismiss all but one of the unit's current executive board members, with only human resources head Rainer Zugehoer to remain. Bosch will also take over financial management at Cariad, the sources said, confirming an earlier report by Handelsblatt. Sources said at the time that Diess' failure to put Cariad, a business he set up, on a solid footing contributed to his ousting. Reporting by Jan Schwartz, Writing by Victoria Waldersee, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

☆ Perella Weinberg puts employee in insider trading probe on leave -sources
▼ + stars: | 2023-01-27 | by ( ) www.reuters.com time to read: +1 min

FRANKFURT, Jan 27 (Reuters) - The advisory firm Perella Weinberg Partners (PWP.O) has placed an employee who is being investigated as part of an insider trading probe in Germany on leave, two people with knowledge of the matter told Reuters on Friday. On Thursday, German authorities said they were investigating five suspects, including one who was in custody, for allegedly profiting on upcoming M&A transactions between 2017 and 2021. Perella said in a statement: "The firm is assisting in an investigation by German law enforcement authorities. The firm is not the subject of the investigation, and there is no suggestion of wrongdoing on the part of the firm." The Perella employee is based in London, the two people said, speaking on condition of anonymity.

☆ Germany's Commerzbank sues EY for Wirecard losses
▼ + stars: | 2023-01-19 | by ( ) www.reuters.com time to read: +1 min

[1/3] A Commerzbank logo is pictured before the bank's annual news conference in Frankfurt, Germany, February 9, 2017. REUTERS/Ralph Orlowski/File PhotoFRANKFURT, Jan 19 (Reuters) - The German lender Commerzbank (CBKG.DE) is suing accounting firm EY over the 200 million euros ($216.12 million) in losses that it incurred in the collapse of Wirecard, a bank spokesperson said on Thursday. EY was for years the firm that audited and certified Wirecard's books even as journalists and investors raised questions about its finances. The Commerzbank spokesperson said the case had been filed in Frankfurt court in recent weeks. An EY spokesperson said "claims against EY for damages do not hold up".

☆ Google, Porsche in talks over Google Apps access
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +2 min

The deal, which is only being considered for the Porsche brand and not the Volkswagen Group more widely, would enable Porsche customers access to Google applications like Google Maps and Google Assistant without needing to connect the car to an Android phone. Spokespeople for Porsche and Google were not immediately available for comment. A spokesperson for Volkswagen software unit Cariad declined to comment. Porsche had previously been reluctant to use Google software because Google asked for too much data to be shared, according to Manager Magazin, which first reported the talks. Carmakers including General Motors, Renault, Nissan and Ford use embedded Google technology in their vehicles via a Google Automotive Services (GAS) package, offering features like Google Maps, Google Assistant and other applications.

☆ Here's everything you need to know about Lidl, the Aldi discount rival that's expanding across the US
▼ + stars: | 2022-12-31 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

☆ Exclusive: Deutsche Bahn will not start Schenker sale before Q3/Q4 next year - document
▼ + stars: | 2022-12-15 | by ( Markus Wacket | ) www.reuters.com time to read: +2 min

A sale should only take place if it is financially advantageous," state-owned Deutsche Bahn said. The proceeds of the sale should remain entirely within the Deutsche Bahn group and contribute to reducing debt, it said. The sale has been on the cards for a while and aims to allow Deutsche Bahn to focus on its core business. Deutsche Bahn expects Schenker's operating profit to drop to about 1.2 billion euros next year, down from 2.1 billion euros in 2022, the document said, while Deutsche Bahn would post a loss of about 2 billion euros next year. Earlier, Manager Magazin reported that the DHL subsidiary of Deutsche Post (DPWGn.DE) was interested in buying Schenker.

☆ Deutsche Post eyes takeover of Deutsche Bahn's Schenker - Manager Magazin
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: 1 min

BERLIN, Dec 15 (Reuters) - Deutsche Post (DPWGn.DE) subsidiary DHL is interested in buying Schenker, the logistics subsidiary of German rail operator Deutsche Bahn [RIC:RIC:DBN.UL], Manager Magazin reported on Thursday, citing people familiar with the matter. The report said Schenker could be sold at a price well below 20 billion euros due to a slowdown in the logistics sector. A spokesperson for Deutsche Post would not comment on the report. Deutsche Bahn also declined to comment on the report. Reporting by Matthias Inverardi and Markus Wacket; Writing by Rachel More; Editing by Madeline ChambersOur Standards: The Thomson Reuters Trust Principles.

☆ Puma CEO Gulden to become new Adidas CEO - manager magazin
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: 1 min

Climate change, Russia-Ukraine war hit global wine industry:OIV, article with imageRetail & Consumer · November 3, 2022Climate change and the Russia-Ukraine war are squeezing global sales and production in the $300 billion global wine industry, which is still recovering from the pandemic, said the International Organization of Vine and Wine (OIV).

☆ Puma CEO Gulden set to become new Adidas CEO - source
▼ + stars: | 2022-11-04 | by ( ) www.reuters.com time to read: +1 min

SummarySummary Companies Gulden to leave Puma at end of 2022Adidas confirms talks with Puma CEOShares up 20% after reportBERLIN, Nov 4 (Reuters) - Puma (PUMG.DE) Chief Executive Bjorn Gulden is leaving the German sportswear maker at the end of the year to take the helm at rival Adidas (ADSGn.DE), according to an industry source. Adidas confirmed that it is in talks with Gulden about possibly replacing Chief Executive Kasper Rorsted. Shares in Adidas were up nearly 20% after the report. "Bjorn Gulden had a very high reputation as Puma CEO, had been instrumental to the turnaround of the company and Puma's strong brand heat," Stifel analyst Cedric Lecasble said, adding that he could help strengthen the momentum of the Adidas brand. Reporting by Alexander Huebner, Writing by Miranda Murray; editing by Matthias Williams and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ Volkswagen to invest up to 2 bln euros in JV with China's Horizon Robotics - reports
▼ + stars: | 2022-10-12 | by ( ) www.reuters.com time to read: +1 min

Volkswagen logo is pictured at the 2022 New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. REUTERS/Brendan McDermid/File PhotoBERLIN, Oct 12 (Reuters) - Volkswagen (VOWG_p.DE) plans to to invest up to 2 billion euros ($1.94 billion) in a joint venture with China's Horizon Robotics, Handelsblatt and Manager Magazin reported on Wednesday. Reuters reported earlier that VW planned a significant investment in a joint venture in the country for software production. It operates numerous joint ventures in China, holding a 75% stake in its venture with JAC (600418.SS), a 50% stake with SAIC (600104.SS) and 40% with FAW (SASACJ.UL). ($1 = 1.0304 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Kirsti Knolle, Victoria Waldersee, Editing by Miranda MurrayOur Standards: The Thomson Reuters Trust Principles.

☆ METRO a familiarizat profesorii din învățământul tehnic cu bucătăria germană
▼ + stars: | 2021-07-09 | by ( Onixmedia Srl | ) diez.md time to read: +6 min

Acesta este organizat de METRO și susținut de Asociația Obștească Educație pentru Dezvoltare (AED), Ministerul Educației, Culturii și Cercetării (MECC) si Comitetul Sectorial pentru Formare Profesională în Comerț, Hoteluri și Restaurante (CSFPCHR). Astfel, a determinat profesorii, specializați în alimentație publică, să cunoască specificul bucătăriei germane și să-și inspire discipolii în explorarea acesteia. Profesorii vor mai lua parte la alte două masterclass-uri, găzduite de chefi renumiți, iar în octombrie își vor testa abilitățile și se vor întrece la Campionatul Gastronomic pentru Juniori, 2021. Compania METRO deține primul loc în Indicele Sustenabilității Dow Jones, în industria comercializării produselor alimentare. În anul financiar 2019/20, compania METRO a înregistrat un volum al vânzărilor de 25,6 miliarde EUR.

Persons: Traian Stoianov, Alina Dusciac, Cash, Stoianov, Ștefan, Vodă, Maria Babanina, Liuba Baligari, Olga Tabunșcic, METRO, Dow Jones Organizations: Academia, Studii, METRO, Ministerul Educației, Culturii, Cercetării, Compania METRO Locations: Moldova, Republica Moldova, Bălți, Cupcini, Ceadîr - Lunga, Soroca, Căușeni, Chișinău, Nisporeni, Cahul, ASEM, Sustenabilitatea

,,Este momentul optim în care putem dărâma zidurile dintre noi și a trăi din nou în picioarele goale, ca atunci când eram copii. Ne-am dorit foarte tare o inițiativă care să inspire bucurie pură și am ales anotimpul potrivit pentru a exprima aceste emoții. Și cine altcineva decât Smiley ar putea să transmită mai bine și mai frumos reîntoarcerea la o vară alături de prieteni și cei dragi”, declară Alina Golopența, Director de Marketing al Kaufland România și Republica Moldova. Soare, apă, distracție, prieteni, vacanță, totul și toți în jur fresh și cu zâmbetul pe buze. Despre Kaufland MoldovaÎn prezent, Kaufland Moldova deține 5 magazine în Republica Moldova și are peste 600 de angajați.

Persons: Smiley, Samuel, Cătălin Botezatu, Ștefania, Codin, Andrei Roșu, Alina Organizations: Kaufland Locations: Kaufland România, Republica Moldova, Kaufland Moldova

☆ CURAJUL IMPRESIONANT a doi tineri: au oprit un criminal cu ajutorul unei plăci de skateboard
▼ + stars: | 2021-07-05 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

Doi tineri au acționat eroic, în urma unei crime săvârșite în Londra, și au contribuit la arestarea făptașului. Aceștea au oprit criminalul cu ajutorul unei plăci de skateboard, scrie presa locală, citată de antena3.ro. Un bărbat, în vârstă de 60 de ani, a fost înjunghiat mortal de un individ de 25 de ani chiar în fața unui magazin Microsoft. Agresorul a fost reținut imediat, iar tinerii și-au văzut de drum. au contribuit a arestarea făptașului, scrie presa din insulă.

Organizations: Capitala, Microsoft Locations: Londra, Oxford, Capitala britanică

☆ MAIB – în topul preferințelor de angajare ale absolvenților. Vino și tu în echipa celor MAIBuni! — Moldova.org
▼ + stars: | 2021-07-02 | by ( Diana Preașcă | ) www.moldova.org time to read: +14 min

Colegele sunt fiica Natalia și o doamnă din sat. Fiindcă eu pierd timp, ață, lumină…” Argumentele Svetlanei au funcționat și Aliona și Natalia s-au apucat de tăiței. Când vine cumpărătorul pentru tăiței și caută CuCa, dar nu găsește, ia altceva. „În fundul grădinii avem o construcție micuță unde ajung toate cojile și tot ce scoatem de la găini și facem compost. „Făină, ouă și… dragoste.”Aliona și Natalia cad de acord că partea cea mai frumoasă din activitatea lor este interacțiunea cu cumpărătorii.

Persons: Vrabie, Natalia, Mușat, Mihail Sadoveanu, Maria, Nataliei, Tudor, Svetlana, tăițeii, Aliona, Tamara Organizations: Arte, Universitatea Tehnică a Moldovei, Științe, Moldovei, Academia, Universitatea Tehnică Locations: Moldovei, Ucraina, Chișinău, CuCa, paleți, Odesa, Azuga, Tohatin, Moldova

☆ O femeie din Străşeni, cea mai vârstnică persoană din ţară vaccinată împotriva COVID-19
▼ + stars: | 2021-07-02 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +2 min

O femeie de 101 ani din Străşeni este cea mai vârstnică persoană din ţară vaccinată împotriva COVID-19. Nina Faibişenco este veteran de război şi spune că de când a început vaccinarea a mers periodic la policlinică să afle când se poate imuniza. La o lună de la rapel, Nina Faibişenco se simte mai bine ca niciodată şi doar canicula îi dă bătăi de cap. Acum Nina Faibişenco vrea să îi convingă pe moldoveni prin propriul exemplu că vaccinarea e singura metodă pentru a scăpa de pandemie. Certificatul meu de imunizare l-am pus în cel mai vizibil loc şi tuturor celor care intră în casă le spun că sunt vaccinată", a declarat Nina Faibișenco.

Persons: Nina Faibişenco, Nina Faibișenco, Nina Locations: Străşeni, Republica Moldova

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