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  BERBLICK / Saturday, October 14, 2017 -2- | News | Bit Updates
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BERBLICK / Saturday, October 14, 2017 -2- | News

Saturday, October 14th, 2017 | bitcoin updates

According to a newspaper report, Volkswagen is changing its product strategy and sees Tesla as the main challenger instead of the Asian volume competitor. "With its innovative business model, Tesla will not only limit itself to the premium segment, but will also try to eliminate its capabilities on the volume segment, so we will focus on Tesla and less on Toyota or Hyundai in the future competition," said Volkswagen brand manager Herbert der automobile week. "In the US, we will meet Tesla earlier than planned with a suitable I.D. model," added VW strategy coach Michael Jost. Rewe wants to invest 2 billion euros in the coming year – newspaper The trade group Rewe will invest more than 2 billion euros in the coming year. The money should flow into the modernization of branches, in the digitization as well as in the qualification of the coworkers, said the chairman of the executive committee Lionel Souque the Klenstadt-Anzeiger. The challenge of competition in the industry and digitalization are major challenges. Thus the online trade giant Amazon "will question all industries". Linde sees itself on course for merger with Praxair – Magazine Linde CEO Aldo Belloni sees the Mnchner gases group on course for the intended merger with the US competitor Praxair. According to Linde, 33.21 percent of the Linde shareholders have accepted the stock exchange bill. "We are very satisfied with the exchange rate at this time," said Belloni of the economic newspaper "Euro am Sonntag", according to preliminary report. By the end of the exchange period on October 24, Linde would need an acceptance rate of 75 percent. DJG / hab (END) Dow Jones Newswires October 14, 2017 14:03 ET (18:03 GMT)

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