On November 28, 2024, only 8% of new hires are over 55, despite three-quarters of companies being open to hiring older workers. A non-partisan alliance is pushing for 18 weeks of parental leave to promote equality and address skilled labor shortages. In Zurich, autonomous vehicles will soon supplement public transport, while a new HIV treatment offers lasting protection but comes at a high cost. The Öpfelchammer restaurant will reopen in January 2025, and Switzerland's women's national football team faces Germany in a challenging match on Friday.
Marine Le Pen’s National Rally has intensified its demands for modifications to the French government’s 2025 budget bill following Prime Minister Michel Barnier's decision to abandon plans for an electricity tax increase. In a speech in Paris, Barnier emphasized his commitment to considering various opinions and priorities, particularly regarding the future of small and mid-size companies.
Rupert, chairman of Richemont and South Africa's wealthiest individual, emphasized the importance of extending a trade pact that allows South Africa and over 30 African nations duty-free access to the U.S. market. He highlighted the necessity for South Africa to remain part of the African Growth & Opportunity Act, which is set to expire in September.
Vancity, Canada's largest credit union outside Quebec, is shifting its focus under new CEO Wellington Holbrook to enhance its commercial banking presence in Toronto, located near the financial hub of Bay Street. Historically, Vancity has emphasized its member-owned, values-driven approach, distinguishing itself from traditional banks.
Yubico AB, known for its YubiKey hardware, is set to list on Nasdaq's main Stockholm market on December 5, transitioning from the First North Growth Market. This move aims to enhance its appeal to major clients like Microsoft, Amazon, and Salesforce, according to CEO Mattias Danielsson.
French Prime Minister Michel Barnier has abandoned a proposed electricity tax increase in his 2025 budget, conceding to demands from Marine Le Pen's National Rally amid looming budget negotiations. This decision comes as Barnier faces a potential motion of no confidence from the left-wing opposition, which could lead to the collapse of his minority government. The National Rally has labeled the budget "unacceptable" and continues to push for further concessions.
Cyprus has revoked 77 more "golden" passports, primarily from Russian citizens, including notable figures like oligarch Alexei Kuzmichev and metals baron Oleg Deripaska. The revocations stem from false declarations, criminal backgrounds, and failure to meet naturalization requirements, bringing the total to 286. The controversial citizenship scheme, suspended in 2020, has faced increased scrutiny following Russia's invasion of Ukraine.
Mexico's President Claudia Sheinbaum stated that tariffs were not specifically discussed during her call with U.S. President-elect Donald Trump. This comes after Trump threatened a 25% import tax, which could violate a free trade agreement.
Valeo SA is set to cut around 1,000 jobs in Europe and close two plants in France due to a bleak outlook for the automotive industry and increased competition from cheaper Chinese products. The French car-parts manufacturer will implement 694 forced exits and 174 voluntary departures across eight sites in France, including the La Suze-sur-Sarthe and La Verrière locations.
Glarner Kantonalbank (GLKB) demonstrates resilience in a challenging market, with its share price at EUR 22.65 as of November 9, 2024, despite a slight monthly decline of 1.31%. The bank's market capitalization is EUR 305.8 million, and it offers an attractive dividend yield of 5.09% for 2024. Recent developments include the nomination of Angela Petruzzi to the Board of Directors, set for shareholder approval on November 25.
16:02 28.11.2024
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