Economy

2024-01-13 04:30:16

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#Chinese #company #starts #production #line #Thailand #Milliondollar #marketing #TNN #Jan #TNN #Online

2024-01-12 06:00:14

Seeing a brand lower the curtain is never a pleasant or easy thing. However, this is the fate that the Cultura store in Cour Perrinon will experience on February 29. Christian Coppet, the director, discusses the circumstances of the closure of a historic establishment.
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#Cultura #Perrinon #closure #recorded #February

2024-01-13 00:19:35

What are the forecasts for the stock markets in 2024? Almost two weeks since the start of 2024, the stock markets are going well. “There is no panic so far,” according to a market strategist at the firm RJ O’Brien.

Despite the forecasts expected for 2024, concerning stock indices falling by 80% and cryptocurrencies which might be worth a “fortune”, Simon Brière notes that the stock markets “are doing well at the moment”.

Simon Brière expects a “very uneven” market, due to an economic slowdown expected in 2024. “Some will barely feel it and others will feel it full force with job losses and the increase in the unemployment rate,” he says, on the show À vosaffaires.

A drop in interest rates?

On the American side with the Fed, the market strategist expects interest rate cuts in the spring, but “when will it really start and to what extent will we have reductions?”, he comments .

Bond market investors are convinced of a drop of “25 points” at each meeting with the United States Federal Reserve, specifies Mr. Brière. “It’s a big and tall order. I don’t know to what extent we will be able to have these interest rate reductions without having economic difficulties.

The cost of living is rising, inflation is still on the rise. “This makes it a little difficult for the American Central Bank to lower rates, while inflation is still very present,” he notes.

However, “if we lower interest rates too quickly, it can add fuel to the fire,” he specifies.

***See the full interview with Simon Brière, above***

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#expect #stock #markets

2024-01-12 16:54:00

The company says travelers whose flights are canceled will be informed. They will be able to request a refund or a rebooking on another flight. “Our teams are doing everything possible to ensure that travelers arrive at their destination as quickly as possible, in close collaboration with the other airlines of the Lufthansa group,” said Nico Cardone, spokesperson for Brussels Airlines.

Brussels Airlines pilots will begin a 24-hour strike on Saturday at 5:00 a.m., the socialist union Setca/BBTK announced earlier in the day. This “wildcat strike” is supported by the three unions, assured Olivier Van Camp of BBTK. The latter also specifies that this action might be followed by others “if the problems are not resolved”.

Brussels Airlines cabin crew called to join strike on Saturday

The conflict concerns the “cafeteria plan”, a series of extralegal benefits that pilots receive in addition to their normal salary. According to BBTK, management refuses to index this cafeteria plan, de facto reducing the purchasing power of pilots. Olivier Van Camp also claims that management had promised to apply indexation following a judge ruled in favor of the unions. But she ultimately announced that she would appeal the decision.

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#Strike #Brussels #Airlines #flights #scheduled #Saturday #canceled