industry
Entered 2024.05.05 18:26 Modified 2024.05.05 19:11 Paper A4
Wuhan, China is an ‘autonomous driving laboratory’
Red Tech’s counterattack
(5) Dongfeng, a Chinese state-owned enterprise, disclosed
14 times the area of Seoul
The world’s largest self-driving city
Around 2,000 unmanned taxis and buses in operation
900,000 users per year
‘Share Bus’, a self-driving bus, standing in front of the headquarters of Dongfeng Yuexiang in Wuhan, Hubei Province, China. The bus, developed by Chinese state-owned automaker Dongfeng Yuexiang in April 2021, began commercial operation in Wuhan last year. Wuhan=Reporter Shin Jeong-eun Wuhan, a transportation hub in central China, has emerged as the world’s largest self-driving city. In the self-driving demonstration area in Wuhan that I visited on the 10th of last month, there were several driverless ‘completely unmanned taxis’ (robotaxis) roaming around. Next to it, there is an ‘unmanned bus’ that you can ride for only 0.01 yuan (about 2 won). China’s ambitious goal to “become the winner of the global competition ‘City Brain’ (intelligent city) by being the first to realize a fully autonomous city” has turned a city 14 times the size of Seoul into a giant technology laboratory of the future.
Iraq Is A Fertile Environment For Projects, And…
Baghdad – IA
Advisor to the Prime Minister for Investment Affairs and Head of the Iraq Fund for Development, Muhammad al-Najjar, confirmed today, Saturday, that Iraq is a fertile environment for projects and there is an expansion of investors’ desires to enter it.
Al-Najjar told the (INA): “The government has taken an approach that has intensified efforts to invite many countries and companies to invest in Iraq, and Prime Minister Muhammad Shiaa Al-Sudani is taking advantage of his foreign tours, the most recent of which is his participation in the World Economic Forum in Saudi Arabia, with great work and activity to support investment in Iraq by inviting companies.” To enter Iraq.
He added, “The economic forum in Riyadh, which was held recently, was attended by a large number of decision-makers from companies and countries that will have a clear role in entering Iraq,” noting, “Iraq in the forum focused on 3 main topics, which are energy, agriculture, and information technology.” .
He pointed out that “the Prime Minister’s visit during his participation in the forum held in Riyadh included political meetings and many economic files were raised,” indicating that “Iraq has begun to compete with many countries of the world by inviting investors to come to the country.”
He pointed out that “Iraq has great investment opportunities amounting to $450 billion allocated to projects that need marketing,
End Of An Era: Sam Ash Music Shutters…
Local Retailer Sam Ash Music to Close All Southern California Locations
Yet another local retailer is preparing to shut its doors in the upcoming months.
Sam Ash Music recently made the announcement on its Facebook page that it will be closing all seven of its Southern California stores, as part of a larger closure of all 42 stores nationwide.
The company expressed its sadness in a statement, stating, ”It is with a heavy heart that we announce that all Sam Ash Music store locations will begin store closing sales today. This unfortunate news also presents a fantastic opportunity for great deals across our premium selection of musical instruments & pro sound equipment.”
Additionally, the company will be offering specials on their website samash.com during this time.
Reasons Behind the Closure
While Sam Ash did not provide a specific reason for the decision, an employee informed the Orange County Register that the stores in Los Angeles, Hollywood, Ontario, Westminster, Torrance, Puente Hills, and San Diego would be shuttered by August.
The company is currently offering discounts on merchandise and has stated that all sales will be final.
A Legacy of Music
Founded in 1924 by Sam Ash,
GH Bank Encourages Thais To Become Homeowners. Increase…
2024-05-05 10:08:12
“Rudklao” reveals good news: Happy Life Home Loan is a success. Customers have already submitted the full credit limit. GH Bank is moving ahead with increasing the credit limit to 20,000 million baht to encourage Thais to become homeowners.
Ms. Radklao Inthawong Suwankiri, Deputy Spokesperson of the Prime Minister’s Office It was revealed that the Government Housing Bank (GH Bank) Encourage Thai people to have their own house. and improve the quality of life of people Carry out economic recovery measures Through the real estate sector of the government of Mr. Settha Thavisin, Prime Minister, and according to the policy of Mr. Kritsada Chinavicharana, Deputy Minister of Finance, inIncrease the Happy Life loan limit by another 10,000 million baht. The interest rate for the first year is set at just 1.95% per annum. After receiving feedback from customers interested in applying for a full loan with the first credit limit of 10,000 million baht. Interested people can apply for loans at bank branches across the country. Available from today until June 28, 2024 and finalization of legal actions before July 31, 2024.
By Mr. Kamonpop Weerapala, Managing Director Government Housing Bank (GH Bank) revealed that after the bank established the Happy Life Home Loan in 2024,
INTERNET End Of The Floor Price
The floor price for the purchase of a gigabyte of mobile internet is repealed.
The ministerial decree concerning the setting of internet floor prices is repealed, as announced by the Ministry of Digital Development, Posts and Telecommunications (MNDPT).
It’s a turnaround. After collecting the opinions of users and consumers of internet services, the State revokes its decision to set the price of a gigabyte at $0.95. The MNDPT announces that “the government is putting an end to the internet floor price”, a measure announced last night via a press release. According to this ministry, this adjustment comes after an evaluation of the different pricing practices following the application of this decree, setting the price per gigabyte at less than 1 dollar. It was therefore announced yesterday that the ministerial decree establishing a floor price for the purchase of a gigabyte of mobile internet is repealed. “The government noted that the prices kept artificially high by telecommunications operators did not reflect the commitments made during the negotiations. Consequently, this measure aims to restore fair competition and lower costs for end users,” specifies the MNDPT press release.
Negotiations had started upstream between the State and local telecommunications operators in April 2023,
OECD / Lowering The Bar For The Economy…
Costs will also be high due to lagging investment, an increasingly aging population, and the costs caused by climate change
The OECD lowers expectations for the Greek economy, as the bar for the growth of the Greek economy “falls”, while the forecast for the level of inflation remains above the limit set by the ECB in 2025! The OECD predicts growth of 2% and 2.5% for Greece this year, according to its six-monthly report (Economic Outlook) which was made public. It is recalled that in the Stability Program submitted two days ago to the E.U. the Ministry of National Economy sees growth at 2.5% this year and 2.6% next year. The OECD emphasizes that the main challenges facing the Greek economy are boosting productivity and fiscal adjustment due to high debt.
Inflation will continue to decline, albeit at a slower pace, and is forecast to ease to 2.1% in the final quarter of 2025. Inflation eased to 3.4% in March 2024, despite food prices they play championships. The OECD keeps the limit lower for the primary surplus as well, estimating that this year it will be 1.8%, from the 2.1% included in the Stability program. The same is true of public debt forecasts,
1.6 Million Fans At Madonnas Concert In Rio…
#million #fans #Madonnas #concert #Rio #Janeiro
Madonna’s tour ended with a bang. During the final, free concert organized on May 4 on Copacabana beach in Rio de Janeiro, crowds of the singer’s fans appeared. According to preliminary estimates, there were as many as 1.6 million of them. This is a record audience for Madonna. The star improved his best result more than tenfold. Previously, the most people listening to her live during one concert was in 1987 in Paris. It was 130 thousand fans.
Koncert Madonny w Rio de Janeiro /EPA/Andre Coelho /PAP
Copacabana Beach is the perfect place to break records of spectators gathered at one concert.
In 2006, The Rolling Stones performed there and were listened to live by 1.2 million fans. In turn, in 1994, as many as 4 million people attended a free Rod Stewart concert. However, this event coincided with fireworks fired to welcome the New Year. Therefore, it is difficult to count how many guests had fun at the concert and how many came only to see the fireworks.
Ftse Mib, The Market Multiples Of Industrial Securities…
Multiples are indicators that relate one series of variables referring to a single security in order to make it easily and quickly comparable with the respective competitors on the market. These indicators can be a useful tool for investors and a quick and easy way to calculate the intrinsic or fundamental value of a stock. In this article we focus on the multiples of the industrial sector of Piazza Affari, in particular the Ftse Mib. The multiples of the industry giants of the Ftse Mib
The Ftse Mib is the reference index of the Italian stock market and within it also contains stocks active in the industrial sector (industrial products and services). There are 4 industrial stocks that are part of the Ftse Mib: they are Interpump Group, Leonardo, Nexi and Prysmianwith an overall market cap of 38.6 billion and an incidence of 5.4% on the total (data as of 3 May 2024).
The following table shows the best-known multiples:
price/book value (P/BV) earnings per share (EPS) price/earnings per share (P/E) enterprise value/gross operating margin (enterprise value/earnings before Interest taxes depreciation and amortisation, EV/EBITDA) enterprise value/earnings before Interest and taxes, EV/EBIT
Title
Last price (€)
Market Cap (€ mld)
P/BV
EPS
P/E
EV/EBITDA
EV/EBIT
Prysmian
51,38
14,2
3,71
2,2
26,42
11,17
18,92
Interpump
40,74
4,4
2,43
2,56
15,88
9,26
11,5
Leonardo
21,71
12,6
1,6
1,14
18,98
10,1
17,16
I connected
5,61
7,36
0,65
0,54
–
7,55
–
Source Bloomberg,