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BMW, Speeding In Wrong-Way, Hits Two-Wheeler In Hyderabad; 1 Dead

Tuesday, November 26, 2019, 8:00 AM

A speeding car rammed into a two-wheeler in Hyderabad late Sunday night, leaving one person dead and another critically injured, news agency ANI reported on Monday. The incident took place in Hyderabad's Madhapur area at around 11.30 pm, the police said. The man, driving a BMW car, was not only speeding but driving in the wrong direction when the car hit the two-wheeler.
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BMW CFO wants to cut 5,000-6,000 jobs by 2022: Report

Thursday, September 19, 2019, 8:12 PM

BMW's finance chief Nicolas Peter wants to cut between 5,000 and 6,000 jobs by 2022, mostly at the carmaker's Munich headquarters, a German magazine reported on Thursday. Manager Magazin also said that Ilka Horstmeier was a favourite to head human resources, while Milan Nedeljkovic would take over as head of production. BMW, which declined to comment, has been undergoing a shakeup of top managers.
 
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Thyssenkrupp to leave Germany's blue chip index DAX, MTU Aero joins

Friday, September 6, 2019, 8:27 AM

Thyssenkrupp AG will drop out of Germany's benchmark stock index this month, the stock market operator said, the latest setback for the ailing conglomerate's turnaround efforts. Thyssenkrupp will leave the DAX on Sept. 23 and will be replaced by aircraft engine maker MTU Aero Engines AG , making it the second founding member to exit the 30-member index in the past 12 months.