Rating agency Moody’s lowers outlook for Belgium
Belgian public finances are causing Moody’s concern. The American rating agency kept its credit score for Belgium unchanged at ‘Aa3’ on Friday, but lowered the outlook. ‘Aa’ means that Moody’s…
The trade war continues. China announces anti-dumping measures on brandy imports
The Chinese Ministry of Commerce announced the imposition of provisional anti-dumping measures on brandy imports from the European Union starting Friday, after the European Commission (EC) decided to proceed with…
The Côtes-du-Rhône region in the north of the valley wants UNESCO registration
It is a strip of land which extends over 80 km in the north of the Rhône valley, between Vienne (Isère) and Valence (Drôme): the northern Côtes-du-Rhône. They stretch over…
On Monday, the price of electricity will jump again
The price of electricity has remained low on Sunday, but price fluctuations will continue on Monday, according to the Nordic electricity exchange Nordpool price information. The price of electricity is…
Vietnam | Deputy Minister of Planning & Investment: ‘Without storms and floods, GDP growth would be even higher’
If Typhoon Yagi had not occurred, causing heavy damage, the third quarter growth figure could have been even higher than 7.4%, according to Deputy Minister Tran Quoc Phuong. At the…
Israel: The average salary of an employee in July is 13,591 shekels per month
The Central Bureau of Statistics published a statistical report on wages of employees in July of this year. According to this document, in July 2024, the average salary of an…
Information about YouTube and Tiktok’s recommendation algorithms is now required
The EU Commission has demanded from YouTube, Snapchatilta and Tiktokilta information about the parameters used by their content recommendation algorithms. The commission presented its demands on Wednesday. The news agency…
The peso ends the week at 19.25 per dollar, driven by positive US labor report
The Mexican peso appreciated and recorded one of the best performances of the day among global markets, after the release of a solid employment report in the United States. In…
He doesn’t notice the arriving train, a worker dies on the Bologna-Venice line. The Prosecutor’s Office opens an investigation
The Bologna Prosecutor’s Office has opened an investigation for manslaughter against unknown persons following the tragedy on the tracks this morning at 4.30 am. Attilio Franzini, 47 years old, a…
Cities around the globe are experiencing a real estate bubble: study
Miami, Tokyo and Zurich top the list of cities with the highest risk of a real estate bubble worldwide, due to the high threat in their housing markets, revealed the…
The machine manager warns against complacency – “I try to create a healthy sense of uncertainty”
Philippe Delorme wants to create a “healthy sense of uncertainty” in Kone’s people. The new CEO drew new steps for the elevator giant in just eight months, with which it…
Pharmaceutical company behind Ozempic invests in Flemish spin-off working on obesity drug
Danish pharmaceutical company Novo Nordisk, together with Dutch investor BioGeneration Ventures, is pumping fresh capital into Tanai Terapeuthics, a young spin-off from the Flanders Institute for Biotechnology (VIB) that is…
Good news for owners of old cars – The sports car manufacturer plans to use fuel instead of electricity to reduce emissions
Sports car manufacturer Porsche says that it is investing even more in the synthetic fuel known as eFuel. In 2022, it opened a small renewable energy pilot plant in Chile,…
Coca-Cola’s three-decade journey in Vietnam
Immediately after the trade embargo between the US and Vietnam was lifted on February 3, 1994, Coca-Cola – a world-famous soft drink brand entered the Vietnamese market. In 1995, Coca-Cola…
Belgian tax authorities and customs claim 1.5 billion euros from Nike
Belgian customs and tax authorities are targeting sports equipment giant Nike for a total amount of 1.5 billion euros, De Tijd reported on Saturday. Specifically, they have three companies in…
Kone evaluates its door business – Sale is also possible
Known for its elevators Kone is planning to start evaluating its door business. The goal of the evaluation is to find out the optimal structure and synergies for the business.…
INTEREST RATES AND CURRENCIES: The market chews on the employment report – Evli’s chief strategist: “On the weaker side, but not as weak as the market feared”
The US Department of Labor released its expected August employment report on Friday, which did not paint the clearest possible picture of the state of the economy. About 45 minutes…
Trade war against China, counterproductive even for the US
Beijing. The trade war that the United States has launched against the development of China’s foreign trade affects not only China, but also the world economy, including the US economy,…
Russia’s economy could grow more than expected this year
Russia’s GDP is expected to grow 3.9% this year, higher than last year and surpassing many major Western economies. On Russia-24 TV channel on August 30, Russian Finance Minister Anton…
New Caledonia: the famous KNS nickel factory closes its doors, 1,200 employees affected
The end of an emblematic factory. Lacking a buyer, Koniambo Nickel SAS, a flagship project for the development of northern New Caledonia, is ceasing its activity this Saturday. But its…