- April 19, 2024
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Thailand’s stock market fell 30 points in the afternoon, hitting its lowest point at 1,330 points, receiving selling pressure to reduce risk ahead of the holidays. Due to concerns about the war situation in the Middle East, there is still uncertainty. This week there were only 3 business days where the index fell by more than 60 points, making a new low point this time.
At 4:25 pm, the SET index was at 1,330.55 points, down 30.47 points (-2.24%).
#SET #index #fell #points #selling #pressure #reduce #risk
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Tortillerias Proliferate Within Informality, They Warn
Our country registers a growth in number of tortillerias of up to 284%, with 130 thousand points of sale, many of them informal, warned the National Tortilla Council (CNT).
Homero Lopez, Its president pointed out that due to the lack of regulation and regulations, informal establishments have proliferated, where most have to close before their first six months.
After a report from the UNAMabout the consumption of tortilla faces a decline of up to 30% in the last 15 years, the industry assures that sales per unit have actually decreased, because there are many more than we need and those that existed before.
According to the National Council for Evaluation of Development Policy, the per capita consumption of Mexicans is 56.7 kilos annually, equivalent to approximately six pieces daily.
“This implies that there are expensive and poor quality tortillas, since with unfair practices they try to make the inputs more efficient and the affected end up being the consumers.”
In an interview with this newspaper, Homero Lopez Garcia He explained that it is difficult for Mexicans to stop eating this food, since although it is 22 pesos per kilo, it is an economical product that serves up to eight people.
Upcoming Union Vote For Mercedes-Benz Workers In Alabama…
Mercedes-Benz Workers in Alabama to Vote on Unionization
Mercedes-Benz USA CEO Dimitris Psillakis mentioned that drivers can enjoy videos while the vehicle handles the driving on ‘The Claman Countdown.’
Employees at Mercedes-Benz’s Vance plant in Alabama, near Tuscaloosa, will participate in a vote next month to decide whether to join the United Auto Workers union.
The National Labor Relations Board (NLRB) announced that the 5,unionization-election/” title=”Volkswagen Workers in Tennessee Petition for Unionization Election”000 eligible workers at the factory can cast their votes from May 13-17.
Approximately 5,000 workers at the Mercedes-Benz plant in Vance, Alabama, are gearing up for a unionization vote.
(Artur Widak/NurPhoto via Getty Images / Getty Images)
Current Stock Fundamentals Ticker Security Last Change Change % MBGAF MERCEDES-BENZ GROUP AG 79.24 -0.17 -0.21%
Simultaneously, Volkswagen’s lone U.S. plant is undergoing a similar voting process, with workers considering UAW representation after the union’s successful strike against Detroit’s major automakers last year.
Ticker Security Last Change Change % VWAGY VOLKSWAGEN AG 15.03 +0.03 +0.20% F FORD MOTOR CO. 12.07 +0.04 +0.33% GM GENERAL MOTORS CO. 42.45 -0.01 -0.04% STLA STELLANTIS NV 25.76 -0.02 -0.08%
Voting has commenced for the 4,100 hourly workers at Volkswagen’s Chattanooga plant in Tennessee and will run until Friday.
Upper West Luxury Property In Berlin: Sale, Value,…
2024-04-18 03:00:00
The Upper West, which belonged to the US real estate investor RFR Holding, was sold to Signa Prime in November 2017. It was one of five luxury properties that Signa bought for a total of 1.5 billion euros. Now the Upper West is for sale again. The brokers Jones Lang LaSall (ALL) and the real estate subsidiary of the bank BNP Paribas were commissioned with the marketing.
Four percent return
“The Upper West is a great prime mixed-use property. It was valued at the end of 2022 at a range of around 660 to 700 million euros and it is now expected that the sale will bring in around 450 million euros,” a Signa insider tells KURIER. The latter assessment would mean a rental return of four percent with total rental income of almost 18 million euros. The Upper West is being sold now because leading lenders generally want to have a stable owner. Or to put it another way: The Upper West project company should be stabilized and thus protected from possible insolvency. According to Creditreform, the property is indebted to around 300 million euros. According to a German real estate newspaper, an insurance company is said to have granted a loan of this amount and this is likely to be secured by the property.
The Glassmaker Duralex, In Financial Difficulty Since The…
In difficulty since the energy crisis of 2022, the French glassmaker Duralex “requested the opening of a judicial recovery procedure for its benefit with the Orléans commercial court”announced the company New Duralex International (NDI), operator of the famous brand, on Tuesday April 16.
“The objective is to look for a buyer for NDI, thus aiming to find the best solution for the company”which employs 230 people in its historic factory in Chapelle-Saint-Mesmin (Loiret), informs the company. Before adding that“an administrator and a legal representative should be appointed by the court to assist the company during the observation period which should open”.
Duralex had suffered the full brunt of the surge in gas prices following Russia’s invasion of Ukraine in February 2022, and had been temporarily saved by a state loan of 15 million euros, which had made it possible to reopen its glass furnace and restart its production after five months of closure.
Reread our 2022 article | Duralex glassworks announces it will put its production on standby this winter to save energy
“New difficulties emerged” last year
However, in fiscal year 2023,
Aqeela: The Decision To Adjust The Exchange Rate…
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New Flagship Seven-Seater SUV
#flagship #sevenseater #SUV
Mazda does things big and after the success of the CX-60, presents a new 7-seater maxi SUV arranged on three rows of seats: the brand new one Mazda CX-80. It is a vehicle designed to conquer the European audience with taste and refinement, technology and comfort, as well as enough space to carve out the role of flagship of the Hiroshima brand.
The style of the new Mazda CX-80
The new Mazda CX-80 concretely follows the evolution of the exclusive approach Kodo style of Mazda, in fact the designers went out of their way to give the large SUV elegance and purity, typical of minimalist Japanese aesthetics, which makes all superfluous elements disappear. This choice is the result of the exclusive approach “hands-on” of Mazda’s designers and master craftsmen, whose goal is to produce cars “Crafted in Japan”, that is, creating cars that can come exclusively from Japan due to the design and construction philosophy that characterize them.
With a length approaching five meters and a wheelbase of over three metres, the newborn CX-80 it is longer, taller and with a markedly longer wheelbase than the recent and appreciated CX-60,
Understanding Business Interruption Insurance: Coverage, Benefits, And Protection
It intervenes if businesses are hit hard. When an unexpected event occurs, such as a fire, your operations will be suspended, especially during a period of repair or reconstruction. The warranty will help you maintain your turnover by covering your costs at this difficult time. How does business bankruptcy insurance work?
The operating loss compensates the company based on the financial losses recorded after a disaster covered by the contract. If your property is insured, fixed costs such as rent and salaries continue to accrue. You can also decide to incur other costs (temporary rental of a building or equipment) to limit the impact of the event. The guarantee then compensates for this interruption in work, and therefore income, while the company gets back on its feet.
Here is a list of risks that may be covered by business interruption insurance:
– Fires and electrical damage,
– Water damage. break the glass,
– Storms and fog,
– Theft and acts of vandalism, etc.
Protect yourself from the financial consequences of a business interruption caused by a disaster
Business insolvency insurance preserves the financial stability of your business in the event of a problem.
Foreign Capital Runs Away!Apples Southeast Asia Layout Zhengzhou…
Tim Cook, CEO of Apple, Explores Supply Chain Diversification in Vietnam, India, and Indonesia
In an effort to diversify its supply chain and reduce reliance on China, Tim Cook, CEO of the American technology giant Apple, recently embarked on a tour of Vietnam, India, and Indonesia. During his visits, Cook met with government officials and business leaders to explore opportunities for expanding Apple’s manufacturing operations in these countries.
After visiting Vietnam, where Apple has established a significant presence with over 200,000 local jobs, Cook made his way to Jakarta, Indonesia. Following a meeting with Indonesian President Joko Widodo, Cook expressed interest in potentially setting up a manufacturing plant in Indonesia. He praised the country’s investment potential, stating, “I think Indonesia’s investment potential is endless. We believe in this country.”
In addition to Indonesia, Apple has been increasing its manufacturing operations in India, with plans to double iPhone production in the country by 2023. The company is seeking to shift a significant portion of its production chain to these Southeast Asian countries to diversify its manufacturing base.
Meanwhile, Foxconn, Apple’s contract manufacturer in China, has experienced a drastic decline in employment at its Zhengzhou campus.