Samsung Electronics Chairman Lee Jae-yong returns home after completing a business trip to Europe at the Gimpo Business Aviation Center in Gangseo-gu, Seoul on the morning of the 3rd. /News
“Spring has come,” said Samsung Electronics Chairman Lee Jae-yong after returning home from a long-term business trip to Europe. There is an interpretation that Chairman Lee Jae-yong’s statement that ‘spring has come’ not only refers to the season, but also to the recent improvement in the semiconductor industry.
Chairman Lee Jae-yong returned to Korea via Gimpo Airport on the morning of the 3rd after completing a business trip to Europe. Chairman Lee Jae-yong, who came out to the arrival hall, greeted the reporters, saying, “Spring has come.” However, he did not respond to reporters’ questions about his thoughts on this journey and his achievements.
During this business trip, Chairman Lee Jae-yong visited Germany, France and Italy, explored the European market, and held business meetings and meetings with expatriates.
On the 26th of last month (local time), he visited the headquarters of global optical company Zeiss in Oberkochen, Germany, met with CEO Karl Lamprecht and other executives to discuss ways to strengthen cooperation in the field semiconductors.
Posadas Plans To Open 21 Hotels Before 2026
2024-05-02 21:34:02
With an investment of more than 14 billion pesos, the chain specialized in lodging, Posada Groups, reported that it plans to open 21 new hotels between 2024 and 2026, which will contribute 12% of new rooms to the company’s hotel offering.
During the first quarter of 2024, the majority net income of Inns It stood at 70 million pesos, while revenues were 2,702 million with an EBITDA of 496 million, closing with a cash balance of 2 billion pesos, 19% more than in the first quarter of 2023.
The occupancy levels of the company’s hotels stood at 63% on average, highlighting the beach hotels that recorded 84% occupancy.
Regarding the remodeling of the hotel Condesa Acapulco American Party affected by Hurricane Otis, the cost will be 670 million pesos, of which Posadas will finance 15%, and the remaining amount will be covered by insurance companies.
The project has a partial opening date of October 2024. /24 HOURS
Related
2024-05-02 21:34:02
Controversy Surrounds Teslas Decision To Rescind Summer Internship…
Tesla’s Internship Offers Rescinded Amid Workforce Reductions
Amidst Tesla’s market performance and electric vehicle strategies, the company has reportedly revoked summer internship offers extended to college students.
Students Express Disappointment
Several students took to their LinkedIn profiles to share their disappointment after Tesla informed them that their summer internships were no longer available. This news was first reported by Bloomberg on Wednesday.
One student revealed that Tesla notified her via phone call that her internship was no longer valid, attributing this decision to the company’s recent workforce and cost-cutting initiatives.
Workforce Reductions at Tesla
In mid-April, Tesla announced plans to reduce its workforce by 10%, affecting approximately 6,000 employees in Texas and California.
Recent reports suggest that more layoffs are imminent, including the Supercharger team, in addition to the initial workforce reductions.
Impact on Stock Performance Ticker Security Last Change Change % TSLA TESLA INC. 180.10 +0.11 +0.06%
Despite reaching out to Tesla for comment on the internship withdrawals, FOX Business did not receive a response at the time of publication.
Internship Offer Withdrawals
Another student shared his experience of having his internship offer rescinded with short notice,
The Schedule Of Negotiations Between Pakistan And The…
The schedule of negotiations between Pakistan and the International Monetary Fund (IMF) on the new loan program has been fixed while the IMF mission will arrive in Pakistan on May 15.
According to the sources, after Pakistan has successfully completed the short-term loan program of 3 billion dollars, the schedule has been fixed between Pakistan and the International Monetary Fund (IMF) for negotiations on the new loan program.
According to the sources, the IMF mission will arrive in Pakistan on May 15 to discuss the new loan program. The parties will first have technical and then policy level talks. Pakistan has already applied to the IMF for the new loan program. has given
Sources in the Ministry of Finance say that the new loan program may be 6 to 8 billion dollars and the duration may be 3 years or more.
Pakistan has controlled inflation, government spending, reduced revolving credit, IMF
Sources say that it is inevitable to go to the new IMF program, increasing debt and debt repayment is a big challenge, it is necessary to stay in the IMF program till the increase in exports and local resource generation,
End Clap For The Livestock Fair
The last day of Fepa saw a considerable number of visitors.
Once upon a fair… The curtain falls on the 16th edition of the Livestock and Animal Production Fair (Fepa). It was held, like every year, in Nanisana among Malagasy livestock professionals. Nearly twenty-two thousand visitors visited the site during the four days during which this meeting of stakeholders in the livestock sector was held. For many of them, holding this event allowed them to discover a booming industry. Some, already attracted by professional breeding, are already planning to enroll in training. “There was a time when I wanted to be a beekeeper, but with the force of things and the lack of training, I had to pass on that. With this fair, I was able to discover this sector in a new light. Honey and beekeeping products are indeed starting to attract more people. There is a growing demand,” concedes Lahatra Raherisoa, in her thirties. He plans to enroll in beekeeping training soon. “I think it’s never too late to get back on this path and acquire adequate training,” he confides. Various conferences and debates were also held regarding livestock farming and the future of this sector during these four days.
BSEC-DSE Will Work Together To Develop The Stock…
The Bangladesh Securities and Exchange Commission (BSEC), the regulatory body, and the country’s main stock market, the Dhaka Stock Exchange (DSE), will work together to develop the stock market. DSE informed the media about this information.
The Board of Directors of DSE went to congratulate Prof. Shibli Rubaiyat-ul-Islam on his re-appointment as BSEC Chairman on Tuesday. Then DSE sent a press release to the media and informed this information.
On behalf of the board of directors of DSE, Professor Dr. Hafiz Muhammad Hasan Babu felicitated the reappointed BSEC Chairman with flowers. At that time he was with the member of the board of directors Professor Dr. Abdullah Al Mahmud, Md. Afzal Hossain, Rubaba Daula, Md. Shahidul Islam, Kawsar Ahmed, Md. Shakeel Rizvi, Mohammad Shahjahan, Sharif Anwar Hossain, Richard de Rosario and managing director Dr. ATM Tarikuzzaman.
DSE Chairman Prof. Dr. Hafiz Muhammad Hasan Babu said that the re-appointment of Professor Shibli Rubaiyat-ul-Islam as the chairman of the capital market regulatory body Bangladesh Securities and Exchange Commission was the demand of time for the shareholders to keep the development intact. Your reappointment is an expression of the confidence the government has in your abilities
He said,
AP: Facial Recognition In Supermarket Major Invasion Of…
#facial #recognition #supermarket #major #invasion #privacy #Pro #News
Facial recognition is in principle prohibited, but there are some exceptions. In a new legal framework, the Dutch privacy regulator Dutch Data Protection Authority provides clarity about the rules surrounding facial recognition.
Facial recognition may be used if users have freely given explicit consent. Another exception is if facial recognition is necessary for authentication or security purposes, for example in the protection of hazardous substances. However, it may not be used to determine the identity of anyone, referred to by AP.
The technology may not be used to secure a supermarket, for example, the AP emphasizes. In the legal context, the regulator gives an example of a supermarket wanting to use facial recognition to prevent theft and to protect property and employees. The supermarket would like to ask all customers for explicit permission, but in practice that is virtually impossible, according to the AP. “This ground for exception is therefore probably not useful for a supermarket.”
Protecting property is also not a sufficient ground for exception,
Stock Futures Rise As Investors Await April Jobs…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S.
Brendan Mcdermid | Reuters
Futures Indicate Positive Wednesday Ending, Eyes on April Jobs Report
Stock futures rose Thursday night as investors prepared themselves for the upcoming April jobs report, due Friday morning. Despite a week marked by negative returns, Thursday’s positive bounce led by Apple, Amgen, and Cloudflare offers early hope.
Market Futures Investments
Futures tied to the Dow Jones Industrial Average gained 212 points, or 0.55%. S&P 500 futures rose nearly 0.3%, while Nasdaq 100 futures advanced about 0.5%. Investors are anticipating a positive market opening.
Tech Giants on the Rise
Apple is expected to attract significant attention after announcing a $110 billion share repurchase and delivering a top-and-bottom-line beat. Such positive news led to a robust after-hours extension in the stock’s price, climbing more than 6% during late trading. Biotech company Amgen also saw remarkable stock growth, soaring by roughly 13% after posting better-than-expected earnings and revenue figures.
Cautious Outlook for Cloudflare
Cloudflare experienced a significant price hit during extended trading, losing 15% after reporting weak revenue guidance for the full year.
Foreign Investments Are Declining Everywhere, Except In Limburg
The Swiss Trösch invests more than 400 million in Lommel. — © Dick Demey
Brussels/Hasselt –
Belgium has seen the number of foreign direct investments decrease by 8 percent in 2023 to 215 announced investments. But the number of jobs associated with it fell by 39 percent to 4,918. Limburg appears to be an outsider: foreign investments increased spectacularly here.
This is evident from the annual ‘Barometer of Belgian Attractiveness’, a study with which EY gauges the attractiveness of our country as an investment location. Compared to other European countries, Belgium is still holding up reasonably well in terms of investments: a decline of 8 percent. Until further notice, foreign direct investments will not start after corona. The explanation must be sought in international investments that are slowing down due to disappointing economic growth, high inflation, rising geopolitical tensions worldwide and persistently high energy prices.
These tensions are palpable throughout Europe. In other countries the decline was even sharper, so that Belgium managed to rise in the ranking from ninth to eighth. The additional jobs associated with these investments are very disappointing for Belgium. Compared to a year earlier, they dropped by 39 percent to 4,918.