Conti boss: Despite the competition from car manufacturers, software is our domain
HANOVER - Despite the ambitious digital plans of its customers, the automotive supplier Continental sees great opportunities in its own software development. "The complexity of software content will continue to increase exponentially," CEO Nikolai Setzer told the dpa and dpa-AFX news agencies. In his estimation, this market is large enough for several suppliers and car manufacturers.
Tesla boss: Start of production in Germany in December at the latest
GRÜNHEIDE - Tesla boss Elon Musk wants to produce the first electric cars for Europe in Germany by December at the latest. The head of the company announced this on Saturday at an open day in his first European plant in Grünheide near Berlin. After that, it will take until the end of next year for production to ramp up. By then, a battery factory still under construction next to the car plant should also be in operation, Musk said.
Kreise: Bayer is aiming for 2 billion euros in the ESP sale
According to circles, the agrochemical and pharmaceutical group Bayer is targeting a price of two billion euros for the sale of its "Environmental Science Professional" (ESP) division. Numerous financial investors, including Blackrock and CVC, are considering bids, the Bloomberg news agency reported on Friday, citing people familiar with the matter.
Circles: Vonovia is not reaching for the Adler share for the first time
According to circles, the real estate giant Vonovia is not interested for the first time in the industry colleague Adler Group. At the end of last year, the company informally made inquiries with major shareholders to what extent transactions were possible, the Bloomberg news agency reported on Friday, citing people familiar with the matter. However, the move quickly ended up on the sidelines because the largest shareholder, then as now, the Luxembourg real estate investor Aggregate Holdings, was not impressed by the around 28 euros per share offered. According to the agency, representatives of all three companies did not want to comment on their talks at the time.
RWE boss Krebber expects higher electricity and gas prices
DÜSSELDORF – The CEO of the energy company RWE, Markus Krebber, expects end consumers to “get more expensive electricity and gas in the next few years”. It is not yet possible to say how strong the increase will be, Krebber told the "Rheinische Post" (Saturday). "No one expected the current explosion in stock market prices," he added.
Symrise wants to open up new growth areas after its promotion to the Dax
MUNICH - The fragrance and flavor manufacturer Symrise wants to continue its expansion course after its promotion to the Dax and is relying on acquisitions in addition to organic growth. "Acquisitions remain an important strategic lever for expanding our portfolio and developing growth areas," said Symrise CEO Heinz-Jürgen Bertram of the business newspaper "Euro am Sonntag".
Difficult start to the autumn holidays: large crowds at airports
BERLIN - The start of the autumn holidays in several federal states demanded patience and good nerves from many air travelers - not least because of Corona. At Berlin Brandenburg Airport (BER), for example, there were unusually long queues in front of the counters at the weekend. Videos on social media showed people waiting across the check-in halls on Saturday. Some vacationers missed the departure. There was also a lot going on at Germany's largest airport in Frankfurt and Hamburg.
Facebook again with technical problems
MENLO PARK - Facebook struggled with technical problems on Friday for the second time in a week. Facebook admitted on Twitter that some users had problems accessing the group's apps and services. We are working to get the service back to normal as soon as possible.
Roche Receives FDA Breakthrough Therapy Designation for Alzheimer's Candidates
BASEL - Roche has received Breakthrough Therapy Designation for its Alzheimer's candidate gantenerumab from health authorities in the United States. The FDA's Breakthrough Therapy Designation is intended to accelerate the development and approval process of drugs for serious or life-threatening conditions.
Blow international online investment scammers
BRAUNSCHWEIG - Investigators have struck a blow against international online investment fraudsters. In Bulgaria, the Netherlands, Ukraine and Cyprus, several properties were searched on suspicion of commercial and gang fraud and witnesses were heard, the Braunschweig police said on Sunday. A suspect was arrested.
Additional Reports
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Note to customers:ROUNDUP: You can read a summary in the company overview. There are several reports on the dpa-AFX news service on this subject.
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