Kurt Joachim Lauk
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Kurt Joachim Lauk
Kurt Joachim Lauk (born 19 May 1946) is a German businessman and former politician who served as a Member of the European Parliament for Baden-Württemberg from 2004 until 2009. Early life and career Lauk has an MA in history and theology from the Ludwig Maximilian University of Munich and received his MBA from the Stanford Graduate School of Business in 1977. He earned his Ph.D. in political science from the University of Kiel in Germany. Career Between 1978 and 1984, Lauk led Boston Consulting Group's German practice. He was deputy chief executive officer and chief financial o(with responsibility for finance, controlling and marketing) of Audi AG between 1989 and 1992. Ten months after the trans-Atlantic merger that created DaimlerChrysler A.G. in 1999, Lauk, then the head of Daimler's truck division, stepped down along with Thomas T. Stallkamp, CEO of Chrysler, and Heiner Tropitzsch, Daimler’s personnel chief. Lauk is the co-founder and president of Globe CP GmbH, a private ...
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Member Of The European Parliament
A Member of the European Parliament (MEP) is a person who has been elected to serve as a popular representative in the European Parliament. When the European Parliament (then known as the Common Assembly of the ECSC) first met in 1952, its members were directly appointed by the governments of member states from among those already sitting in their own national parliaments. Since 1979, however, MEPs have been elected by direct universal suffrage. Earlier European organizations that were a precursor to the European Union did not have MEPs. Each member state establishes its own method for electing MEPs – and in some states this has changed over time – but the system chosen must be a form of proportional representation. Some member states elect their MEPs to represent a single national constituency; other states apportion seats to sub-national regions for election. They are sometimes referred to as delegates. They may also be known as observers when a new country is seekin ...
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Chancellor Of Germany
The chancellor of Germany, officially the federal chancellor of the Federal Republic of Germany,; often shortened to ''Bundeskanzler''/''Bundeskanzlerin'', / is the head of the federal government of Germany and the commander in chief of the German Armed Forces during wartime. The chancellor is the chief executive of the Federal Cabinet and heads the executive branch. The chancellor is elected by the Bundestag on the proposal of the federal president and without debate (Article 63 of the German Constitution). The current officeholder is Olaf Scholz of the SPD, who was elected in December 2021, succeeding Angela Merkel. He was elected after the SPD entered into a coalition agreement with Alliance 90/The Greens and the FDP. History of the office The office of Chancellor has a long history, stemming back to the Holy Roman Empire, when the office of German archchancellor was usually held by archbishops of Mainz. The title was, at times, used in several states of German-spea ...
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Börsen-Zeitung
The ''Börsen-Zeitung'' is the main daily newspaper in Germany exclusively focused on the financial markets. The ''Börsen-Zeitungs headquarters is in Frankfurt Frankfurt, officially Frankfurt am Main (; Hessian: , "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its na ..., with editorial offices in Berlin, Düsseldorf, Hamburg, Munich and Stuttgart, as well as Brussels, London, New York, Madrid, Milan, Paris, Shanghai, Tokyo, Washington, DC, and Zurich. History The Börsen-Zeitung was founded in the postwar period to help "revive and promote stock exchange trading", according to the editorial in the first issue of 1 February 1952. The existing Herausgebergemeinschaft Wertpapier-Mitteilungen, Keppler, Lehmann had been published since 1947 and focused on securities administration and bank settlements. Its publishers, a syndicate composed of ...
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Nomura Holdings
is a Japanese financial holding company and a principal member of the Nomura Group. It, along with its broker-dealer, banking and other financial services subsidiaries, provides investment, financing and related services to individual, institutional, and government customers on a global basis with an emphasis on securities businesses. History Origins The history of Nomura began on December 25, 1925, when Nomura Securities Co., Ltd. (NSC) was established in Osaka, as a spin-off from Securities Dept. of Osaka Nomura Bank Co., Ltd (the present day Resona Bank). NSC initially focused on the bond market. It was named after its founder Tokushichi Nomura II, a wealthy Japanese businessman and investor. He had earlier established Osaka Nomura bank in 1918, based on the Mitsui zaibatsu model with a capital of ¥10 million. Like the majority of Japanese conglomerates, or zaibatsu, its origins were in Osaka, but today operates out of Tokyo. NSC gained the authority to trade stoc ...
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Hennessy Capital
Jas Hennessy & Co., commonly known simply as Hennessy (), is a French producer of cognac, which has its headquarters in Cognac, France. It is one of the "big four" cognac houses, along with Martell, Courvoisier, and Rémy Martin, who together make around 85% of the world's cognac. Hennessy sells approximately 70 million bottles of its cognacs per year, making it the world's largest cognac producer, and in 2017 its sales represented around 60% of the US cognac market. As well as distilling cognac ''eaux-de-vie'' itself, the company also acts as a ''negociant''. The brand is owned by Moët Hennessy, which is in turn owned by LVMH (66%) and Diageo (34%), who act as a non-controlling shareholder. Hennessy pioneered several industry-standard practices in the world of cognac, and its association with luxury has made it a regular point of reference in popular culture, especially in hip hop. History The Hennessy cognac distillery was founded by Irish Jacobite military officer Richa ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Third Merkel Cabinet
The Third Merkel cabinet (German: ''Kabinett Merkel III'') was the 23rd Government of the Federal Republic of Germany during the 18th legislative session of the Bundestag. Installed after the 2013 federal election, it left office on 14 March 2018. It was preceded by the second Merkel cabinet and succeeded by the fourth Merkel cabinet. Led by Chancellor Angela Merkel. The government was supported by a coalition of the Christian Democratic Union (CDU), the Christian Social Union of Bavaria (CSU) and the Social Democrats (SPD). Sigmar Gabriel (SPD) replaced Philipp Rösler (FDP) as Vice Chancellor of Germany and became Federal Minister for Economics and Energy. The CDU received five ministries in addition to the positions of Chancellor, as well as Chancellery Chief of Staff and Minister for Special Affairs. The SPD controlled six ministries and the CSU three. Although the CSU received a disproportionate share of ministries relative to its weight in the Bundestag, the six most po ...
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Frankfurter Allgemeine Zeitung
The ''Frankfurter Allgemeine Zeitung'' (; ''FAZ''; "''Frankfurt General Newspaper''") is a centre-right conservative-liberal and liberal-conservativeHans Magnus Enzensberger: Alter Wein in neuen Schläuchen' (in German). ''Deutschland Radio'', 16 October 2007 German newspaper founded in 1949. It is published daily in Frankfurt. Its Sunday edition is the ''Frankfurter Allgemeine Sonntagszeitung'' (; ''FAS''). The paper runs its own correspondent network. Its editorial policy is not determined by a single editor, but cooperatively by four editors. It is the German newspaper with the widest circulation abroad, with its editors claiming the newspaper is delivered to 148 countries. History The first edition of the ''F.A.Z.'' appeared on 1 November 1949; its founding editors were Hans Baumgarten, Erich Dombrowski, Karl Korn, Paul Sethe and Erich Welter. Welter acted as editor until 1980. Some editors had worked for the moderate '' Frankfurter Zeitung'', which had been banned in ...
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John Vinocur
John Eli Vinocur (June 17, 1940 – February 6, 2022) was an American journalist, editor, and columnist known for his coverage of international news. He was metro editor for ''The New York Times'', after serving as the paper's bureau chief in France and Germany, before becoming the executive editor for the ''International Herald Tribune''. Later in his career, he was a columnist for the ''Tribune'' and ''The Wall Street Journal. Personal life Vinocur was born in Queens on May 17, 1940. According to his obit in the New York Times, Vinocur was "the son of Harry Vinocur, a journalist and historian who wrote under the pen name John Stuart, and Helen (Segal) Vinocur, who headed the family philanthropy office of the heiress Rosenwald Ascoli, which was concerned mainly with child welfare." He graduated from Forest Hills High School and from Oberlin College in Ohio. He was married three times; first to Martine Weill and Elisabeth Schmidt, with both marriages ending in divorce, and then ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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Minimum Wage
A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by using gig workers, by moving labor to locations with lower or nonexistent minimum wages, or by automating job functions. The movement for minimum wages was first motivated as a way to stop the exploitation of workers in sweatshops, by employers who were thought to have unfair bargaining power over them. Over time, minimum wages came to be seen as a way to help lower-income families. Modern national laws enforcing compulsory union membership which prescribed minimum wages for their members were first passed in New Zealand in 1894. Although minimum wage laws are now in effect in many jurisdictions, differences of opinion exist about the benefit ...
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