Munich
Coverage of Munich in the Nexus archive.
- I'm the CEO of Siemens. I reply to most emails with 2-letter responses and don't have recurring meetings — here's a day in my life.
Roland Busch, CEO of Siemens AG, detailed his routine managing a global technology company combining physical and digital worlds. His day starts with a workout, followed by working breakfast where he keeps his inbox below 100 emails using quick responses like "OK" or "No." He also adheres to a rule designed to minimize recurring meetings.
- Governments can take your stocks without your permission. It happens all the time
States have been rewriting unclaimed-property laws, shifting the definition of abandoned securities from a 'lost' standard to an 'inactivity' standard, which lowers the bar for government action. If investments are deemed dormant, states can transfer and sell the stock as unclaimed property. This was illustrated by California selling Jan Peters' Amazon shares, preventing him from receiving the subsequent appreciation of his investment.
- German railway to ban consuming alcohol at all its stations, with some exemptions
Germany’s national railway operator, Deutsche Bahn, is banning alcohol consumption at all 5,400 stations by October 15 to improve security and cleanliness, with exemptions for station bars, restaurants, and closed alcohol containers in luggage. The policy follows incidents like an alleged attack on security staff by an intoxicated passenger, and violators may face removal or permanent bans.
- China’s Xpeng plants a flag in Germany’s auto heartland with Mona L03 launch
Chinese electric vehicle maker Xpeng launched its Mona L03 compact SUV in Munich, Germany, marking a significant step in its European expansion. The event, described as the largest by a Chinese carmaker in Europe, emphasized Xpeng's commitment to building vehicles for the European market. Xpeng's chairman stated the company aims to establish a lasting presence in Europe.
- China’s Xpeng plants a flag in Germany’s auto heartland with Mona L03 launch
Chinese electric vehicle maker Xpeng launched its Mona L03 compact SUV in Munich, Germany, as part of its push to establish a presence in Europe. The event, described as the largest by a Chinese carmaker in Europe, emphasized Xpeng's commitment to building vehicles for the European market.
- A Red Bull engineer got bored with Formula One. His robotics startup just raised $55 million.
A former Red Bull Racing engineer founded microagi, a Munich-based robotics startup that raised $55 million to train robots for manufacturing tasks. The company uses worker-recorded data to teach robots and operates a consumer arm called shift, which pays people to document tasks robots might perform.
- Chinese men in Germany used Telegram groups to share rape videos and drugging tips, prosecutors say
Chinese men in Germany used Telegram groups to share rape videos and drugging tips, with prosecutors describing the chats as an organized network targeting Chinese women. The groups used coded language like 'cars' for women and 'fuel' for sedatives, leading to convictions of three members and ongoing trials of a fourth.
- How Warsh Sank the Debasement Trade
The article discusses how Warsh impacted the debasement trade, with a focus on a 12.5 kg gold bar displayed at Pro Aurum in Munich. The piece references a specific date and location related to the precious metal dealer.
- Uber puts Israeli AI startup in driver’s seat for Munich robotaxi test run
Uber is collaborating with Israeli AI startup Autobrains for a robotaxi test run in Munich, aiming to scale its service using low-cost, vehicle-ready AI technology. The developers claim their AI agents outperform competitors by working in concert.
- A freight trains’ collision in Germany sends 2 wagons plunging off a bridge. One person was killed
Two freight trains collided on a railway bridge in Munich, Germany, causing two wagons to fall onto the street below. One person was killed, but no other injuries were reported. The wagons were not carrying cargo, and the area remains closed for recovery operations.
- 1 killed as freight train plunges from bridge in Germany after crash
One person died after two freight trains collided on a bridge in Munich, causing loaded cars to fall approximately 5 meters to the road below. The cause of the collision and derailment remains unclear, though police confirmed the cargo was not hazardous.
- Q&A: Building Europe’s single energy union
The article is a political advertisement sponsored by Siemens Energy AG, promoting expansion of Europe’s offshore wind and grid infrastructure. It is located in Munich, Germany.
- Yad Vashem to open Holocaust education center in Munich, first outside Israel
Yad Vashem will open a Holocaust education center in Munich, its first facility outside Israel. The initiative aims to address the challenge of educating future generations about the Holocaust in a world without survivors, with a planned extension in Leipzig, Germany.
- A global brand but local cars is Audi's future, says CEO
Audi CEO Gernot Döllner emphasizes a shift toward localized car designs tailored to specific markets, exemplified by the new Q9 SUV developed with U.S. customer preferences in mind. The strategy includes adapting features like cup holders and interior layouts based on feedback from surveys such as JD Power, reflecting a focus on regional demands amid global trade challenges.
- German authorities arrest 2 on China high-tech espionage allegations
German authorities arrested two Munich residents suspected of working for a Chinese intelligence service to obtain and transmit high-tech information with military applications. The arrests represent a significant security concern regarding espionage activities targeting sensitive German technology.
- Siemens to Buy Back €6 Billion Shares Against Tough Backdrop
Siemens AG is buying back €6 billion shares amid challenging circumstances. The company is taking this step to potentially boost shareholder value. This move may have significant implications for Siemens' financials and investor confidence.
- Audi has a new Q9 flagship coming soon: Here's its interior
Audi is set to unveil its new flagship model, the Q9, a full-size SUV, which will be launched later this summer. The Q9's interior features a mix of different textures and acres of digital real estate. The vehicle's design was inspired by Audi's 2021 Grandsphere concept.
- May Day protests across Europe and Asia turn into anti-American, anti-Israel political battlegrounds
May Day protests across Europe and Asia have evolved into anti-American and anti-Israel political battlegrounds, with demonstrators linking labor issues to anti-war activism, U.S. foreign policy, and anti-capitalist rhetoric. Clashes occurred in Paris, Madrid, and Munich, while groups like the Heritage Foundation and Henry Jackson Society criticized the protests' focus on global conflicts over labor rights.
- I Squared, Blackstone Said to Mull Joint Bid for Ströer Unit
I Squared and Blackstone are reportedly considering a joint bid for a unit of Ströer SE. The potential acquisition involves Ströer's headquarters in Munich.