busyness today: 2024-04-30 14:11:00

Tesla lays off Supercharger team and senior executives amidst broader layoffs

Tesla’s recent layoffs have caused concern about the company’s future direction, as key executives and veteran staff members were let go. The most notable layoff was Tesla’s entire Supercharging team, led by Rebecca Tinucci, Senior Director of EV charging, who also played a significant role in getting manufacturers to adopt the NACS plug. This decision has been met with confusion as Tesla has a natural lead in Superchargers with better-designed and more reliable stations already installed globally. Layoffs affect morale within a company negatively; therefore continued layoffs will affect the overall trajectory of Tesla.

Moreover, laying off critical teams a

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Tesla lays off Supercharger team and senior executives amidst broader layoffs

Sader promotes genetic improvement of bees to mitigate ‘Africanization’

The Secretariat of Agriculture and Rural Development (Sader) promotes selection and genetic improvement actions to reduce the negative effects of the Africanization of European bees and increase the productivity of the beekeeping sector in the country.

The process of Africanization consists of the establishment of the dominant characteristics of the African bee (Apis mellifera scutellata). about local bee colonies that reduce honey production and other derivatives of this productive sector, among other effects, Sader detailed.

Africanization is considered a socioeconomic and public health problem faced by beekeeping, a sector dedicated to the breeding and care of these insects and through which products such as honey, royal jelly, propolis, wax and pollen are obtained, he noted.

As it is a genetic problem, Sader indicated, c

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https://www.worldysnews.com/sader-promotes-genetic-improvement-of-bees-to-mitigate-africanization/

Stellantis, turnover and deliveries drop in the first quarter of 2024

#Stellantis #turnover #deliveries #drop #quarter

Stellantis communicated the economic data of first quarter of 2024. In the period January-March 2024 i Net revenues fell by 12% to 41.7 billion euros. 10% decline in deliveries, equal to 1.335 million units. However, the automotive group highlights that the Global BEV sales increased 8% and PHEV sales in North America increased by 79% compared to the same period in 2023. Sales of LEV (electric light commercial vehicle) models also performed well, up 13%.

According to the automotive group, revenues dropped due to “of lower volumes and unfavorable currency exchange and mix effects, partly offset by stable prices“. As regards, however, sales, the decline would reflect “actions on production and stock management in preparation for the arrival of new products in the second half of 2024“. To all this we add that the comparison with the first quarter of 2023 “in which deliveries had instead grown due to the replenishment of stocks in the network after a pro

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Stellantis, turnover and deliveries drop in the first quarter of 2024

the TER Givors-Lyon line still cut

Train traffic between Givors and Lyon-Perrache station, interrupted since Sunday evening following a “slope subsidence” linked to heavy rains which blocked a TER, will not resume “before Wednesday 1is May “announced the SNCF, Monday April 29.

“The SNCF Réseau teams dispatched to the site indicated that infrastructure work was necessary”explained

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the TER Givors-Lyon line still cut

Jumbo! Astra International distributes dividends of IDR 21.01 T

Jakarta

PT Astra International Tbk distributed cash dividends for the financial year 2023 in the amount of IDR 21.01 trillion or IDR 519 per share. This was decided on Tuesday (30/4/2024) by the Annual General Meeting of Shareholders (AGMS) of Astra.

Astra corporate affairs head Riza Deliansyah said that at the meeting the use of the company’s profits in 2023 worth IDR 33.8 trillion was approved. About 62% of them, or IDR 21,010 billion, will be distributed as dividends.

“IDR 21.01 trillion or IDR 519 per share in cash dividends,” said Riza, in the press conference after the AGMS, via conference call channel, Tuesday (4/30/2024).

Riza explained that this amount included an interim dividend of IDR 98 per share or a total of IDR 3.97 trillion, paid on October 31, 2023. Meanwhile, the remainder, worth IDR 17.04 trillion, will be distributed on May 30, 2024.

“The remaining IDR 17 trillion or IDR 421 per share will be paid on May 30, 2024. To the shareholders of the company whose names are registered in the company’s shareholder register on May 15, 2024 16.00 WIB,” he explained.

Of the company’s total co

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Jumbo! Astra International distributes dividends of IDR 21.01 T

Bank of Korea predicts absorption of offshore NDF transactions in Seoul FX market

(Seoul = Yonhap Infomax) Reporter Gyu-seon Lee = The Bank of Korea predicted that when the foreign exchange market opens, offshore NDF (NDF) transactions may be largely absorbed into the Seoul foreign exchange market.

According to the minutes of last April’s Monetary Policy Committee meeting released by the Bank of Korea on the 30th, the Bank of Korea said this in response to a question from a member of the Monetary Policy Committee about whether it expected NDF transactions to be included in the domestic . dollar-earned market when the opening hours of the foreign exchange market are extended.

The Bank of Korea presented the case of Australia, where NDF transactions were absorbed by liberalizing the foreign exchange market Considering transaction costs, the Bank of Korea believed that a certain portion of NDF transactions could be absorbed while leading domestic banks to create an interbank market. However, he added t

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Bank of Korea predicts absorption of offshore NDF transactions in Seoul FX market

Vittorio Sgarbi candidate with FdI in the European elections

Vittorio Sgarbi candidate with FdI in the European elections

Vittorio Sgarbi will be a candidate with Fratelli d’Italia in the European elections. “I signed the acceptance of the candidacy, now I’m going to understand which constituency has been chosen for me”, he commented. “I spoke with all the party leaders, with Meloni, with Donzelli, with La Russa, and I signed”. “LThe desire to nominate me was made by the FdI leaders (Meloni, Donzelli and La Russa) wi

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Vittorio Sgarbi candidate with FdI in the European elections

The recent hike in urea fertilizer prices should be withdrawn immediately Rana Tanveer Hussain

(Waqas Azim) Federal Minister for Industry and Production Rana Tanveer Hussain has given good news to the farmers who were forced to protest due to the prices of wheat and non-purchase by the government.

According to the details, under the patronage of Rana Tanveer Hussain, a review meeting was held regarding the recent increase in the prices of urea fertilizer, representatives of Fuji Fertilizer Company, Engro Fertilizer Private Limited and Fatima Fertilizer Company participated i

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The recent hike in urea fertilizer prices should be withdrawn immediately Rana Tanveer Hussain

3M: Dividend Cut and Profit Surges; Stock Up – Wall Street Journal, Yahoo Finance, TipRanks, Star Tribune

3M, the multinational conglomerate corporation, has recently announced its plan to cut its dividend following the spinoff of its healthcare business. The decision was made in an effort to optimize the company’s financials and enhance shareholder value. While this move might seem concerning at first glance, it is crucial to delve into the implications and potential future trends associated with this development.

Implications of the Dividend Cut

The dividend cut by 3M signifies a strategic shift in the company’s focus. By trimming the dividend, 3M aims to allocate more resources towards strategic investments and sustainable growth opportunities. This decision indicates that 3M is prioritizing long-term value creation and ensuring its financial stability in an ever-evolving market.

Moreover, the stock market’s positive response to this announcement reflects investor confidence in 3M’s long-term prospects. Despite the dividend reduct

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3M: Dividend Cut and Profit Surges; Stock Up – Wall Street Journal, Yahoo Finance, TipRanks, Star Tribune

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