EU emissions trading reform threatens Saarstahl’s €4.6bn green steel overhaul, CEO warns EU emissions trading reform could weaken price signals and endanger Saarstahl’s €4.6bn decarbonisation project, CEO Stefan Rauber says, …
CEO
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Bosch leadership shock as Stefan Hartung exits amid mass job cuts and partnership setbacks Bosch faces renewed upheaval after CEO Stefan Hartung’s abrupt exit amid job cuts and strategic setbacks, …
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Business
Volkswagen faces trust crisis as CEO briefs management on mass layoffs
by Leo Müllerby Leo MüllerVolkswagen plant closures trigger trust crisis as works council says CEO briefed managers but not workers VW plant closures and a sweeping jobs plan have triggered a trust crisis as …
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Business
Vonovia CEO warns rising expropriation rhetoric deters investors and risks housing
by Leo Müllerby Leo MüllerVonovia expropriation debate intensifies as CEO warns of harassment and investor risk Vonovia expropriation debate heats up as CEO Luka Mucic warns of harassment and investor risk, proposing targeted regulation …
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Business
German business presence at Saint Petersburg forum shrinks to lone Globus CEO
by Leo Müllerby Leo MüllerGerman business in Russia reduced to a single visible presence at St. Petersburg forum Only a handful of German executives attended the St. Petersburg Economic Forum, with Thomas Bruch the …
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Business
Messer confirms board shake-up as CEO, CFO and Europe chief depart
by Leo Müllerby Leo MüllerMesser board departures trigger leadership shakeup as CEO and CFO exit Messer board departures mark a major leadership change at the industrial gases group as CEO Bernd Eulitz, CFO Helmut …
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World
Aramco CEO Warns Global Oil Supply Lost One Billion Barrels After Q1 Profit Surge
by anna walterby anna walterAramco CEO warns world lost around one billion barrels of oil supply in two months Aramco CEO Amin Nasser says the world lost around one billion barrels of oil supply …
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Business
Commerzbank deputy CEO rejects UniCredit takeover, says offer dismantles bank
by Leo Müllerby Leo MüllerUniCredit takeover of Commerzbank draws sharp criticism from Commerzbank leadership Meta description: Commerzbank criticizes the UniCredit takeover plan after UniCredit shareholders approved a capital increase; dispute centers on valuation, strategy …
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Business
Oxfam reveals CEO pay rose 54 percent while workers’ real wages fell
by Leo Müllerby Leo MüllerCEO pay gap widens sharply as Oxfam finds executive salaries soared while workers’ real wages fell Oxfam analysis shows the CEO pay gap intensified since 2019, with global chief executive …
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Technology
Apple abandons net cash neutral policy as CEO hands control to Ternus
by Helga Moritzby Helga MoritzApple Abandons ‘Net Cash Neutral’ Policy as Tim Cook Hands Operational Control to John Ternus Apple abandons its long-held ‘net cash neutral’ policy as CEO Tim Cook prepares to hand …