EU Climate Targets and E-Fuels Debate Intensifies Amid Automotive Regulations

The company's success and innovative approach have made it a leader in the industry, attracting interest from both institutional and retail investors.

Adidas Investigation

Adidas is currently under investigation by tax authorities for potential non-compliance with customs and tax regulations related to product imports into Germany. The investigation covers a period from October 2019 to August 2024. Despite the ongoing inquiry, Adidas does not expect significant financial consequences.

CEO Transition

The CEO of Raiffeisen Switzerland, Heinz Huber, will resign at the end of 2024 and transition to become the Chairman of Graubündner Kantonalbank. Christian Poerschke will take over as the interim Chairman of the Executive Board of Raiffeisen Switzerland.

European Union Fine

The European Union has fined Meta, the parent company of Facebook, 251 million euros for a data breach that affected approximately 29 million Facebook accounts globally.

Investment Plan

President-elect Donald Trump has announced a 100 billion US dollar investment plan with Softbank, which is expected to create 100,000 jobs.

Bitcoin's All-Time High

Bitcoin has reached a new all-time high, trading at over 106,000 US dollars.

Audi Plant Closure

Audi has announced the closure of its plant in Brussels as part of its strategy to align with EU climate targets.

SpaceX Valuation

SpaceX has achieved a valuation of 350 billion dollars following a recent share sale agreement.

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