- April 25, 2024
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Lotte Group has reportedly decided to sell the town complex it was building in Shenyang, Liaoning Province, China, to a subsidiary of Shenyang City. Eight years have passed since construction was halted due to retaliation against THAAD (Terminal High Altitude Area Defense).
According to related industries on the 25th, Lotte signed a stock purchase agreement with Shenyang Huanggosheng Footwear & Repair Co, Ltd, a subsidiary in Huanggo-gu, Shenyang City, to sell the complex town and is proceeding with the procedures related.
Lotte Town, Shenyang, China. / Provided by Lotte Holdings
Shenyang Lotte Complex Town is a project that Lotte has been pursuing since 2008. This is a project that Shin Dong-bin, Chairman of Lotte Group has followed with affection.
Lotte decided to build ‘Lotte Town’ here, including a department store, theme park, apartments and hotels, and has been working on it. The project was originally scheduled for completion in 2019,
Ricardo Salinas Pliego Accuses That The Government Has…
Businessman Ricardo Salinas Pliego accused the government and President Andres Manuel Lopez Obrador (AMLO) of already leaving Felipe Calderon alone but he grabbed it against him.
And it is that during the morning conference today April 24, AMLO accused that Ricardo Salinas Pliego gives line to Javier Alatorrereminding him of an interview in which he confirmed that it exists in his company.
For this reason, during the course of the day, journalists who work in TV Aztecaproperty of Ricardo Salinas Pliegohave published messages disproving what was said by AMLO and the one who tells them to follow the line.
Ricardo Salinas Pliego accuses that AMLO’s government left Felipe Calderón to take it against him
In a message through your X account, Ricardo Salinas Pliego responded to journalist Carolina Rocha’s publication, accusing that the AMLO government changed Felipe Calderón to take it against him.
This with the purpose of distracting from reality, since at AMLO government only has 4 months left but it still doesn’t give any results, so the only purpose is to let the 2 hours a day in the morning pass.
Likewise, in a message he issued shortly after the end of the morning of AMLO,
Revolutionary Biotech Company RBRK Debuts On New York…
Rubrik Soars in NYSE Debut
In a remarkable turn of events, Rubrik, a data management software maker, experienced a significant surge in its New York Stock Exchange debut on Thursday. This development serves as a clear indication that public market investors are increasingly interested in tech IPOs.
The stock opened at an impressive $38.60 per share, following the pricing of its IPO at $32 a share on Wednesday. This pricing exceeded the initial expectations, which ranged from $28 to $31 per share. By selling 23.5 million shares, Rubrik successfully raised $752 million, resulting in a valuation of $5.6 billion. The company’s shares are now trading under the ticker symbol “RBRK.”
Changing Landscape of Tech IPOs
Throughout the 2010s, numerous technology companies entered the public markets, driven by low interest rates set by central banks. However, concerns about a potential economic downturn in late 2021 caused investors to shy away from unprofitable ventures. Consequently, few young tech firms were willing to pursue IPOs. Nevertheless, recent developments suggest a shift in this trend, with companies like Reddit and Astera Labs making successful public debuts in March.
Founded a decade ago, Rubrik reported a net loss of $354 million in its latest fiscal year,
Mayor Of Schaerbeek Files Complaint After Insults At…
2024-04-25 16:59:00 The mayor of Schaerbeek, Cécile Jodogne (LB-DéFI), filed a complaint after being insulted on Wednesday night by residents during the municipal council.
During a heated session, individuals called the elected official a “filthy whore” and later said she would not be “beautiful, young and efficient” enough, according to information from her office.
► SEE ALSO | Schaerbeek: insults uttered against the acting mayor during the municipal council
“We immediately condemned the behavior of these citizens. This is a small group that once again causes noise. It is important that the debates in the municipal council can take place in a transparent manner, the mayor therefore decided to allow the session to take place. On Thursday we decided to lodge a complaint“, the company specified.
After the insults yesterday by the public on the sidelines of the arrests in the municipal council, I decided to file a complaint. For those who doubt me or the witnesses, the two series of insults are audible around 1:08 and 1:47 of the recording.
— Cécile Jodogne (@CecileJodogne) April 25, 2024
For several months, the municipal council meetings have been far from being a long,
Huawei Calls On Developers To Create Native Apps…
Eric Xu, Vice President of Huawei and Rotating Chairman during his opening speech at HAS 2024
At the 21st Huawei Analyst Summit, Huawei Rotating Chairman Eric Xu urged developers to collaborate on the development of native applications for the company’s mobile operating system HarmonyOS. “We call on all app developers and owners in China to join our HarmonyOS native app ecosystem as soon as possible, and work together to provide a better experience for consumers,” Xu said.
HarmonyOS is the company’s next-generation operating system that can run on a wide range of smart devices, such as smartphones, wearables, tablets and smart TVs. By the end of 2023, HarmonyOS had been deployed on over 800 million devices.
According to Counterpoint Research Harmony OS reaches 4% global market share and exceeds 16% market share in China in the fourth quarter of 2023.
Huawei has made substantial progress in developing the HarmonyOS ecosystem, with more than 4,000 of the targeted 5,000 applications already in the process of being ported to the new operating system. The company aims to eventually have up to one million apps configured for its ecosystem, Xu said.
Xu presented that HarmonyOS has a new architecture.
Pensioners / When Will The May Pensions Be…
The payment dates for the May 2024 pensions for OAEE, IKA, NAT, Public have been announced by EFKA and as it turns out they will be paid a little earlier than usual.
Specifically her Thursday, April 25the following pensions will be paid:
Of the former Self Employed Funds (OGA, OAEE, ETAA), the OPS-EFKA pensions for those who are retired from 1/1/2017 onwards and all the supplementary pensions of the private sector (self-employed and salaried).
Her Holy Monday, April 29the pensions of the former will be paid Employee funds (IKA-ETAM, banks, OTE, PPC, OTHER ENTITIES (CEAPGSO, TSP-ISAP), NAT, ETAT, ETAP-MME), as well as the main and auxiliary pensions of the State.
It is reminded that the money will be available for withdrawal from ATMs since the previous afternoon. Therefore, the two payments will appear from the afternoon of the previous day after 5 pm.
Todays Stock Markets, April 25th. The US Economy…
#Todays #stock #markets #April #25th #economy #slows #inflation #markets #rate #cuts #moving #Meta #weighs #exchanges
MILANO – American GDP slows down in the first quarter of the year, stopping at +1.6% from the +3.4% confirmed for the fourth quarter of 2024 and well below consensus expectations which were around 2.4-2.5 %. On the other hand, however, the PCE inflation data increased in the first quarter of 2024 at an annualized rate of 3.4% and the ‘core’ data, the one adjusted for energy and food prices, grew by 3. 7%, against expectations for a figure of 3.4%. Tomorrow the price data for personal expenses will arrive, the one the Fed is looking at most carefully, meanwhile the signals have significantly slowed down Wall Street and closing Europe in the red. According to investors, the prospect of a reduction in the cost of money is still receding: a cut will not occur before December, indicates the trend of swaps which record the economic slowdown in the presence of persistent inflation.
In the first part of the day, Meta’s quarterly report dictated the pace of the markets. We had this round of quarterly accounts like the one where The markets want to see the results of Big Tech’s investments in AIand from this point of view Facebook’s earnings report is worrying.
Construction Companies Embrace Digital Transformation Amid Overtime Work…
From April 1, 2024, the rules of the upper limit of overtime work based on the “Work Style Reform Act” were applied to construction companies, but many companies are now moving on proceed with digital transformation as a countermeasure. Building technology stocks still need attention.
– Measures to deal with the worsening job shortage and a growing population are attracting attention, and a review of “analog rules” is also a good start-
From April 1, 2024, rules for the upper limit of overtime work based on the “Act Relating to Work Style Reform” will be applied to construction companies.Severe labor shortage construction industryWe have been trying to respond to the problem of 2024 by streamlining all activities, but not everything is ready in April. Some companies useDX (Digital Transformation)Many companies will begin to introduce this technology in earnest in the future, and business opportunities for companies involved in construction technology, including DX construction, are likely to continue to expand. at the moment.
The upper limit on overtime work will start from April.
The upper limit on overtime work based on the Working Style Reform Act was applied to the construction industry from April this year after a five year grace period.
Prison Emptyers, One In Twelve Free In 24…
Prison emptier, Ardita slams the measure: “Freeing those who do not deny their mafia membership is a defeat for the State”
The Renzian Roberto Giachetti he presented a rule in the Justice Commission “prison emptying“, the discussion on this bill is ongoing, but there are already those who are talking about disguised pardon. With this measure – reports Il Fatto Quotidiano – up to 5,080 prisonersone every 12, they would go out from prison overnight. And between them until 777 convicted for the most serious crimes: mafia, terrorism, human trafficking, slavery, gang sexual violence. Felice Maurizio illustrated the numbers Of Ettorethe new National Guarantor for prisoners: from the report it emerges that there are, in fact, over five thousand people with a residual sentence equal to or less than eight monthsthat is, the potential interested parties in this measure.
Sebastian Boldthe former director of the Dap, rejects the measure: “Giving freedom – says Ardita to Il Fatto – to those he does not deny his mafia membershipit’s a defeat not only for the credibility of the State with respect to the victims of crimes, but also for the constitutional prospect of a punishment that helps people to change.