economy
Entered 2024.05.05 18:20 Modified 2024.05.05 20:00 Paper A3
The hotel industry is more than KRW 10 trillion … Global chains flock together
Aman, Rosewood, Boko… Promotion of a new hotel in Seoul
Supply drops due to THAAD and Corona, demand surges due to Korean Wave
Korea is emerging as a battleground for global hotel chains. Recently, as Seoul and other cities have emerged as top tourist cities thanks to the Korean Wave, including K-pop and K-food, famous global hotel chains are competing to dominate the market Korea.
According to the hotel industry on the 5th, Marriott, the world’s No. 1 hotel chain, will take over the management rights of the InterContinental Seoul COEX Hotel in Samseong-dong, Seoul and open a new location under the Westin brand as early as next year . Westin is Marriott’s premium hotel brand. In Korea, in partnership with the Shinsegae Group, the company operates hotels in Sogong-dong, Seoul and Haeundae, Busan. Originally, the principle was ‘one city, one hotel’, but as the demand for hotels in Seoul is increasing rapidly, it was decided to add one more location. A luxury hotel brand that is one level above Westin is also coming to Korea.
Harsh Goenka: Playing With Share Prices! Harsh Goenka…
2024-05-05 12:55:16
New Delhi: Veteran industrialist and RPG Group Chairman Harsh Goenka has raised many serious questions regarding share prices. He has accused him of manipulation in share prices. He urged SEBI and the Finance Ministry to intervene and investigate the matter, so that small investors can be saved from huge losses. He is very active on social media. Harsh Goenka wrote in a tweet on social media platform X on Saturday that amidst the boom in the Indian stock markets, many promoters are exaggerating the profits. He is working with brokers to push his stock prices to unrealistic levels. This also includes Marwari and Gujarati brokers. He has said that the stock price is being played with in Kolkata. He has chalked it up to the return of the Harshad Mehta and Ketan Parekh era. said this big thing
Harsh Goenka, in a post on It is time that SEBI and the Finance Ministry intervene and investigate before small investors suffer huge losses.” This tweet comes after the sharp fall in the stock market yesterday, when the BSE Sensex fell by almost 1,000 points in the day’s trading and fell below 74,000 points. Similarly, NSE’s Nifty also fell by more than 200 points and fell below 22,450 points.
Fueling Up: The Evolution Of Gas Prices In…
(Editorial Update) – Recent data shows that gasoline prices have hit a standstill nationwide, with the highest prices still prevalent in Western and Northeastern states, as well as in Illinois, where fuel taxes are notably high.
After a period of consistent price hikes, the current plateau in prices is affecting the overall sentiment of Americans who are grappling with increased costs at gas stations and beyond.
Consumer confidence took a hit in April as individuals continue to face rising gas and food prices, despite the Federal Reserve’s efforts to control inflation by maintaining high interest rates.
According to AAA spokesperson Andrew Gross, consumers may not experience further price hikes at the pump until closer to Memorial Day weekend. Gross mentioned, “The price of oil per barrel has dropped by nearly $10 in the past two weeks, with oil prices now in the upper $70s,” stated Gross on Thursday. “This could potentially keep pump prices relatively stable in the near future.”
Here are the latest statistics on gas prices in Arizona as of May 3.
Arizona Gas Prices Overview
- Current Gas Price: $4.03
- Weekly Change: -$0.06 (-1.5%)
- Yearly Change: -$0.67 (-14.3%)
- Highest Historical Gas Price: $5.39 (6/17/22)
- Current Diesel Price: $4.01
- Weekly Diesel Change: -$0.04 (-0.9%)
- Yearly Diesel Change: -$0.60 (-13.0%)
- Highest Historical Diesel Price: $5.94 (6/19/22)
Arizona Metro Areas with Highest Gas Prices
- Scottsdale: $4.31
- East Valley: $4.20
- Peoria: $4.19
- Phoenix-Mesa: $4.19
- Phoenix Proper: $4.18
- Glendale: $4.18
- West Valley: $4.17
- Pima County: $3.93
- Tucson: $3.93
- Lake Havasu-Kingman: $3.90
- Sierra Vista-Douglas: $3.82
- Flagstaff: $3.78
- Prescott: $3.77
- Yuma: $3.76
States with Highest and Lowest Gas Prices
- Most Expensive: California – $5.37
- Hawaii: $4.82
- Washington: $4.69
Least Expensive:
- Mississippi: $3.12
- Arkansas: $3.18
- Oklahoma: $3.21
This article includes contributions from Dom DiFurio and is part of a series that leverages data automation across all 50 states.
Hatzidakis To The OECD: We Have Fallen Behind…
In parallel with the effort to improve the prospects of the Greek economy, the government has taken important steps in promoting the green transition, said the Minister of Finance, Kostis Hatzidakis, during the OECD ministerial conference.
THE Kostis Hatzidakisspeaking before his ministers OECDpointed out the reduction in the use of coal by 80%, the reduction of greenhouse gas emissions by 43% compared to 2005, the increase in the share of renewable sources (with Greece ranking 7th worldwide based on the percentage of electricity generation derived from sun and wind and ranked 5th in terms of capacity per capita) and significantly improving the energy efficiency of buildings.
The Greek minister also emphasized that national policies, no matter how ambitious they are, are not sufficient to deal with climate change and therefore there should be coordination and collective actions at the international level, while he praised the positive contribution of the OECD to this common effort.
In a more special meeting on the topic of finding the financial resources needed to promote sustainable development goals, Mr. Hatzidakis emphasized that more active participation of the private sector should be sought, by providing incentives and using innovative financial tools,
WATER AND ELECTRICITY The CEO Of Jirama Faces…
The new CEO of Jirama, Ron Weiss, with some of the company’s thinking heads.
Appointed by the council of ministers on Thursday to head the National Water and Electricity Company (Jirama), Ron Weiss, the new director general of Jirama, was quick to act. He met yesterday with the staff of this company to define the actions to be taken in order to turn the company around.
Recovery. This will surely be the leitmotif within the National Water and Electricity Company. The new general director of Jirama, Ron Weiss, indicated that the revival of this company will be focused on the energy transition. The challenges that now await Jirama number one are numerous; nevertheless, the information given during this meeting between Ron Weiss, the Minister of Energy and Jirama staff suggests the extent of the work that awaits.
It intends to contribute to the energy transition, in particular by participating in the various projects currently underway in the energy field. Among these are the construction of the Volobe and Sahofika hydroelectric dams, currently on standby. For the moment, the appropriate solution defined as “priority” by the State remains the establishment of thirty-six solar parks across forty-seven districts.
Bajaj Auto Launches New Flagship Pulsar At Rs…
New Delhi: Two-wheeler manufacturer Bajaj Auto on Friday launched the much-awaited ‘Pulsar NS400Z’ in the country at a price of Rs 1,85,000 (ex-showroom). The Pulsar NS400Z is available in four colors – Glossy Racing Red, Brooklyn Black, Pearl Metallic White and Pewter. Sarang Kanade, President, Motorcycle Business, Bajaj Auto, said, “This is the ultimate performance machine that will redefine the code of sports motorcycling in India. It is a combination of engineering expertise, cutting-edge technology and an understanding of what riders really want. The result of deeper understanding.” , said in a statement. The new Pulsar is powered by a 373cc liquid-cooled engine mated to a 6-speed gearbox, offering 40 PS power, 35 Nm torque, ride-by-wire electronic throttle and four ride modes. Also The bike is loaded with an LED projector headlamp, wide tyres, a fully digital color LCD speedometer with Bluetooth connectivity, turn-by-turn navigation, music controls, lap timer and traction control.
Additionally, the company said the new Pulsar NS400Z comes with dedicated modes – Road (smooth acceleration, stable ABS for daily use), Rain (limited power, conservative ABS for wet roads), Sport (advanced throttle, maximum stopping). Also suitable for riding. power for spirited riding), and off-road (optimized low-end torque,
Mysterious Crypto Investor Mr. 100 Buys Millions Of…
#Mysterious #crypto #investor #buys #millions #Bitcoin
Mr. 100, an anonymous and widely followed Bitcoin address, recently made a large purchase of Bitcoins. This transaction involved the purchase of 4,100 BTC for a total of $238 million, just as the coin dropped to $58,000 each.
According to data from Bitinfocharts this is the first time the wallet has bought bitcoins since the recent one halving of Bitcoin.
Analysts keep the address of Mr. 100 is closely monitored because of its signature transactions, which often involve purchasing exactly 100 BTC. This latest purchase is all the more remarkable as the address had not seen any activity since April 19 — just a day before the halving.
Prior to this period of silence, Mr. 100 is known within the Bitcoin community for his strategy of buying 100 BTC daily, a pattern that started on February 14.
Mr. 100 owns $3.85 billion BTC
The renewed activity of Mr. 100 has caught the attention of the crypto community. Some crypto analysts interpret this as a potential signal that the Bitcoin price is on the verge of a rise.
Coinbase Reports Record-Breaking Profit And Revenue In 1st…
Awesome! Coinbase, the largest coin exchange in the US Shows results for the first quarter of 2024 Profit and income exceeded the target Due to the high price of cryptocurrencies, it attracts small investors. Shows that customer transaction revenue nearly doubles from last quarter
Coinbase Global Inc. reported that 1Q24 revenue and earnings exceeded expectations, with revenue rising to $1.58 billion (+72% QoQ), beating expectations analysis of $ 1.32 billion.
Net profit was $1.17 billion. This compares to a loss of $79 million in 1Q23 and marks the second straight quarter of profits since 4Q23, after posting losses for 7 consecutive quarters during the crypto winter.
Net profits were driven by a pre-tax profit of $737 million from market-based revaluation of crypto assets.
1Q24 customer transaction revenue nearly doubled from 4Q23 to $1.07 billion. Most of them come from retail customers. while institutional clients account for the largest proportion of trading volume.
Coinbase reveals April This is the first month of Q2, and it has seen more than $300 million in transaction revenue, but “it is still advised to be careful. ” In anticipation of these results, subscription and services revenue is expected to be $525-$600 million in 2Q24.
Are Holding Companies And Foundations Good Tax Saving…
Everything has a price, especially things that don ’t cost anything.
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