VW boss: ‘We have no forced labour’

first_imgVolkswagen has defended its decision to continue operating a car plant in Xinjiang, a Chinese region mired in allegations of large-scale human rights abuses by the state.Evidence that hundreds of thousands of Uighurs and other minorities are being detained in camps, or used as forced labour in factories, has led some multinational companies to cut ties with the region, despite China’s insistence that the claims are untrue.- Advertisement – The BBC’s John Sudworth spoke to VW’s CEO Stephan Wollenstein, who said they do “not have forced labour” at their factory in Uruqmi.Read more: – Advertisement – China Muslims: Volkswagen says ‘no forced labour’ at Xinjiang plantcenter_img – Advertisement –last_img read more

German state awards EM, small and mid-cap equity mandates

first_imgFrankfurt-based Universal Investment is the financial investment management company, which coordinates with the depositary – BNP Paribas Securities Services – through a centralised system. This means that one service provider performs tasks for all asset classes.The Spezial-AIF fund has already allocated assets in segments in European equity (STOXX Europe 600) worth €384m, European large-cap equity (EUROSTOXX Large) for €196.6m, short-term bonds for €301.2m, European corporate bonds for €140.4m, and global convertible bonds for €247.9m.It has also allocated €222m to government and corporate bonds, €70.8m to corporate EM bonds, and €188m to EM government bonds, according to the document.To read the digital edition of IPE’s latest magazine click here. The German state of Saxony-Anhalt has awarded BMO Asset Management and Lazard Asset Management mandates for emerging market (EM) and European small and mid-cap equity, respectively.The investments will be made through the legal framework of a special alternative investment fund (Spezial-AIF), according to the tender award document.The mandates will be included as part of the following state institutions’ investment porfolios: the €735m Altlastensanierung des Landes Sachsen-Anhalt – a special fund for the remediation of contaminated sites in the state of Saxony-Anhalt – the €1.1bn Pensionsfonds für die Versorgung und Beihilfen der Versorgungsempfänger des Landes Sachsen-Anhalt, and other state entities and foundations.The expected investment volume for EM equities is €125m, while for small and mid-cap equities is €90m. The main goal for the mandate award is risk diversification and increased expected returns on the existing portfolio, the document stated.last_img read more

Game Lounge marketing acquires SEO agency TodaysWeb

first_img Related Articles StumbleUpon Submit ComeOn rebrands to reflect company set-up January 16, 2020 How sports betting is influencing the tools of success in affiliate marketing September 16, 2019 Share Game Lounge the marketing and player acquisition arm of Stockholm-listed Cherry AB has acquired international ‘search’ agency TodaysWeb for a total consideration of SEK 14 million (€1.4 million).Confirming the acquisition, Game Lounge details that it will move to incorporate TodaysWeb’s search-engine-optimisation (SEO) tools, services and content portfolio of 1,500 websites.Updating the market, Jonas Cederholm, CEO of Game Lounge, details;“The timing of the acquisition is perfect as we are currently in a strong growth phase. We have previously announced our ambition to enter new verticals and this acquisition will accelerate our plans. I look forward to welcoming ten new members to the Game Lounge team.”The acquisition of TodaysWeb, sees Game Lounge complete its second strategic services acquisition of 2018.Last January Cederholm and Game Lounge completed the acquisition of Slottracker Solutions for €1 million, acquiring a software which will allow Cherry AB players to better monitor their playing habits and gameplay information; Internet Vikings appoints Peter Ekmark as new CEO November 6, 2019 Sharelast_img read more

Simi’s oldest school celebrates 80 years

first_img “It’s maintained the community center atmosphere and we celebrate being an important part of our community,” she said. Parent and volunteer Sandi Collins, who has a fifth-grader enrolled at the school, agrees. “It’s a small school,” she said. “Everybody knows each other. It’s like a family. It’s just a good school.” Angie Valencia-Martinez, (805) 583-7604 angie.valencia@dailynews.com IF YOU GO An 80th birthday celebration will be held 1-4 p.m. April 22 at Simi Valley Elementary, 2956 School St. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! SIMI VALLEY – When Simi Elementary School opened in 1926, the Spanish-style building had just six classrooms to house all the students who lived in the agricultural community. Today, the campus boasts 20 classrooms – plus a modern computer lab, auditorium and library – and serves just a fraction of the 21,000 students who live in the booming city in eastern Ventura County. “It’s been a staple of the community,” said Principal Susan Koch. “It has so much history. It’s a school that everybody in the school district takes pride in.” On April 22, generations of graduates will celebrate the 80th birthday of Simi Valley’s oldest school. The reunion will feature an oral history viewing, silent auction, tree planting and other activities. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREOregon Ducks football players get stuck on Disney ride during Rose Bowl event School officials also plan to dedicate the campus’ stage in the auditorium in memory of Kay Barker, who taught at the school for 14 years before dying of cancer in 2005. First-grade teacher Sharon Baker is able to recall playing soccer at Simi Elementary in the late 1970s and early ’80s and admiring its unique architecture. When she went on to become a teacher her fond memories drew her to the school – a choice she doesn’t regret. “We don’t have 700 students,” she said. “We don’t need that many. It makes people closer.” Simi Elementary, the smallest of the 20 elementary schools in the Simi Valley Unified School District, is also a Gifted and Talented Education cluster campus and one of only two schools in Ventura County with a deaf and hard-of-hearing program. The school was built in what was dubbed Community Center in the 1920s, and although some things have changed, this remains true, said Koch. last_img read more