European stock markets closed with strong gains on Thursday, helped by better-than-expected inflation figures from the US. With weak inflation, the US central bank, the Federal Reserve, may be slow to raise interest rates. In Amsterdam, technology and chip funds in particular posted solid gains. The AEX index ended at 700.65 points on Beursplein 5, up 3.5 percent. Midcap rose …
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Wall Street fell further, with Disney down more than 13 percent
Stock markets in New York ended with heavy losses on Wednesday, ending recent days’ gains. Investors profited amid uncertainty surrounding the US midterm elections. Disney posted its worst quarterly report on Wall Street since 2001. Disney lost 13 percent. Investors penalized the company for a disappointing quarterly report. It didn’t help that it had strong customer growth from its streaming …
Read More »The AOW age rose again and crossed 67 for the first time
The state pension age will increase by three months in 2028, from 67 years to 67 years and three months. Minister for Poverty Policy, Participation and Pensions Carola Schouten writes in a letter to the House of Representatives. Central Bureau of Statistics (CBS) Expected in 2028. In the years 2024 to 2027, the state pension age will be 67. In …
Read More »EU ministers and regulators clash over tougher banking rules
How strict will the rules be for banks? There is an extensive debate on this in the European Union. This Tuesday, the finance ministers of the EU member states Agree on a plan. According to critics, it includes a significantly watered-down version of earlier internationally agreed agreements on capital buffers for banks. Next year, ministers will have to agree the …
Read More »Due to poor organization, no admission was sought for the Highland Games
At the Highland Games at Keltrop on 7th August, when a man was killed by a stray metal ball, very little attention was paid to the formal side of the organization of the event. This is one of the reasons why no one applies for permission. This is the conclusion of the COT Research Institute which investigated the circumstances of …
Read More »Renault’s talks with Geely complicated by Nissan concerns – sources
Renault is undertaking complex restructuring on two fronts. On the one hand, it wants to renew its alliance with Nissan and convince the Japanese carmaker to invest in a new unit for electric cars called Ampere. At the same time, the company plans to spin off its petrol business code-named “Horse” and sell most of it to Geely. Investors will …
Read More »Prigozhin, a Putin confidant, claims to be influencing US elections
Wikimedia Commons / Russian Federation NOS news•Yesterday, 21:00 Yevgeny Prigozhin, head of Russia’s paramilitary group Wagner Group, says it meddled in the US election. The US has accused the Russian businessman of meddling for years, but until now he has always denied it. “We intervened, we intervene now and we will continue to intervene. Carefully, precisely, surgically and in our …
Read More »Why is the four-day work week on the rise around the world?
The four-day work week is starting to gain momentum around the world this year. In Australia, Europe and the US, many companies are embracing the 100-80-100 principle. Be 100 percent productive in 80 percent of the full-time work week, while retaining 100 percent of salary. It doesn’t mean working harder in less time, but more efficiently. Stop having endless meetings …
Read More »US tax authorities are cracking down on crypto tax evaders
Hundreds of people Cryptocurrency– related issues are concentrated in the section Criminal investigation of Internal Revenue Service (IRS). Most of the matter has to do with taxes. More and more crypto tax matters The IRS is the United States Federal Tax Administration. Earlier, they mainly dealt with money laundering crimes. A very large area nowadays Crypto tax matters treated by …
Read More »More than a hundred tourists held hostage on a boat in Peru’s Amazon region have been freed abroad
UpdateAn indigenous community in Peru has freed more than 100 domestic and foreign tourists who had been held hostage on a riverboat in the country’s northeast since Thursday. He wanted to draw the government’s attention to the ‘neglected’ oil spills in the Amazon region. “We are talking about 80 domestic tourists and 27 foreign tourists,” Peruvian Trade and Tourism Minister …
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