busyness today: 2024-05-10 14:47:00

The Company’s Demanding Toll

Tesla Product Launch Chief Resigns Amid Company Turmoil

Last week,⁣ Rich Otto, the ‌head of product​ launches at Tesla, made the decision to step down from his position⁣ at the electric vehicle giant led by Elon⁤ Musk. In his departure message, ‌Otto ⁢expressed his concerns about the⁣ recent layoffs announced by Musk, stating that they‌ have had a significant negative impact on ‍the company and its ⁤employees.

    

Challenges Faced by Tesla

In a farewell post on LinkedIn, Otto emphasized the importance of having a balance between great people and great products within a company. He highlighted that the recent job cuts and resulting cultural shift have disrupted this balance, making it difficult to focus on long-term goals. Despite his love for the company, Otto acknowledged the toll it h

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The Company’s Demanding Toll

Passengers who have had to buy airline tickets at unusually high prices should do this

The Civil Aviation Authority of Vietnam requests individuals, organizations, and customers who have purchased airline tickets of Vietnamese airlines in recent times (especially from the beginning of 2024 to present) to reflect authentic information and documents about the had to buy air tickets at higher prices than regulations

Basic economy class passenger transportation price frame, according to Circular No. 34/2023/TT-BGTVT dated November 30, 2023, effective from March 1, 2024

Recently, many mass media and social networking sites have reported multidimensional information about unreasonable increases in air ticket prices.

Leaders of the Ministry of Transport have directed to strengthen state management, strictly control air ticket prices, contribute to price stabilization, and ensure harmony of so

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Passengers who have had to buy airline tickets at unusually high prices should do this

the bans on Euro 6 diesels are postponed

You have been rate-limited for making too ma

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the bans on Euro 6 diesels are postponed

Coins still legal

Coins are still in effect.

Aivo Andrianarivelo, governor of the Central Bank, says 10, 20 and 50 ariary coins can still be used in daily economic transactions.

Why don’t people use coins anymore? They are rarely used in daily transactions, and yet! They are still legal tender throughout the national territory.

At Analakely City Hall, this question which torments consumers was addressed during a conference-debate on the experiences of a private industry manufacturing coins and banknotes in the United Arab Emirates.

The Central Bank still issues coins. Moreover, its governor, Aivo Andrianarivelo, wanted to recall it. “Coin

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Coins still legal

This giant Swiss bank will lay off thousands of employees!

Jakarta

Giant Swiss bank UBS plans to lay off thousands of its employees around the world. This employee cut was made to reduce operating costs by hundreds of trillions of rupees.

According to a Reuters report on Friday (5/10/2024), this mass layoff will be carried out in five phases or waves starting in June. Subsequently the next pruning will be carried out in the months of August, September, October and November.

It is estimated that this bank will lay off around 30,000-35,000 employees during this period. It is estimated that in this first wave the largest cuts will occur, i.e. 25-30% of the number of employees affected.

“In total, 50-60% of former CS (Credit Suisse) employees could be laid off during these five phases (mass layoffs),” Reuters wrote in its report cited on Friday (5/10/2024).

For your information, news of plans for mass layoffs has actually been spreading since the beginning of February 2024. At the time it was said that the reduction in the number of employees was in line with the company’s plan to save operating costs up to 13 billion dollars or 204.19 trillion rupees (exchange rate 15,707 rupees) by 2026.

In the notes detikcomthe savings plan was revealed in the company’s latest earnings report for the fourth quarter of 2023. There are likely to be more layoffs after UBS annexes Credit Suisse.

“The company’s strategy focuses on restructuring and optimizing the combined businesses to achieve long-term sustainable growth and higher profits,” UBS Group AG CEO Sergio P. Er

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This giant Swiss bank will lay off thousands of employees!

McDonald’s Hong Kong to Launch New “McDonald’s App Global Edition” on May 16

McDonald’s App now has more than 4.6 million users It distributes more than 30 million coupons every year and provides mobile ordering services to 150,000 users every day. In order to provide more high-quality services, McDonald’s Hong Kong announced that it will launch a new “McDonald’s App Global Edition” on May 16, and will upgrade the system from May 14 to 15. At that time, the mobile App will During this time, all McDonald’s and McCafé Services restaurants are operating as normal and food continues to be served.

Starting from May 16, existing users can click on the shortcut in the original McDonald’s App to download the new App, or download it from the App Store and Google Play, and follow the instructions to fill in the required information to complete the registration.(Click on the image to learn about the new McDonald’s App features)

Parents of the Parent-Child Association, please note that between May 14 and 15, you can still show your ori

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McDonald’s Hong Kong to Launch New “McDonald’s App Global Edition” on May 16

Real estate prices: Why the trend reversal could have been reached

There is a gap between the prices for new buildings and existing properties. picture alliance / imageBROKER | Lilly

According to a study by DZ Bank, prices for residential property in Germany are stabilizing.

The stabilization is due, among other things, to the ongoing need for living space and the increased construction costs.

Experts expect residential property prices to fall by up to 2.5 percent in 2024. Slight price increases will not be possible again until 2025.

The real estate market in Germany has been put to a tough test in recent months. 2023 was a black year for the industry. After the sharp rise in interest rates, valuations of residential and commercial real estate fell noticeably. After all, prices for residential real estate currently appear to be stabilizing again.

The reasons for this are the ongoing high demand for living space and the sharp increase in construction costs. This is what an investigation by DZ Bank based on the Europace price index result. The central bank for all Volksbanks has taken a closer look at developments on the local real estate market.

Read too

This one type of property is currently losing a lot of value, according to a property price index

Accordingly, the correction in residential real estate is still moderate despite high valuations and quadrupled mortgage interest rates. Last year, residential real estate prices fell by five percent. In a direct comparison to mid-2022, the price fell by a maximum of around eight percent.

Now the twist: there is no sign of a further decline at the beginning of this year. The situation is similar with rented apartment buildings. For example, the large real estate group Vonovia, which rents out almost half a million apartments, did not have to make any further reductions in its inventory in the first quarter.

Read too

700 million euros for Vonovia: The real estate group concluded this mega deal with the state of Berlin

The valuation for one square meter of living space remained constant at 2,300 euros compared to the end of the year. For comparison: Last year a value correction of twelve percent was necessary. The price index of the Association of German Pfandbrief Banks also documents the stabilization of prices for residential properties. This has only docume

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Real estate prices: Why the trend reversal could have been reached

They recommend making a budget for this May 10

Considering the budget you can access in order to choose a better gift can help your finance this May 10, he advised Citibanamex.

To support your personal finance, The bank issued a series of recommendations that can help you in this case, how to use your card of credit responsibly, “remember that it is not an extension of your income, it is a credit obligation that you must fulfill to prevent your history from being affected.”

You may be interested: China will don

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They recommend making a budget for this May 10

Luxair will stop flights between Deurne and London after less than a year and a half

The Luxembourgish airline Luxair flew from Deurne Airport to London City Airport for the first time on January 16, 2023. Less than a year and a half later, the connection is stopped. “This is due to a shortage of pilots and cabin crew at Luxair,” says Tom Rutsaert, spokesperson for Deurne airport. “An additional reason is that the pilots who are available must be trained to fly new aircraft. It is not yet clear whether the suspension of flights between Deurne and London is temporary or permanent. We are in consultation with Luxair for this.”

Rutsaert emphasizes that the flights between Deurne and London were popular. “The number of passengers on those flights has recently started to rise again to pre-corona crisis levels,” he says.

Defects in flight schedule

But transport economist Wouter Dewulf (University of Antwerp) points to serious shortcomings in Luxair’s flight schedule between Deurne and Lond

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Luxair will stop flights between Deurne and London after less than a year and a half

Tax returns: Bulk tax refunds to pensioners
2024-05-10 14:47:42

These taxpayers were sent their income tax returns this year by the Inland Revenue Authority fully pre-populated with all the necessary data so that they are ready for one-click submission by themselves or their accountants.

In addition, these taxpayers were also sent summary settlement notes that list all the pre-filled data of their returns, as well as the final result that will appear during the settlement of their returns, if they submit them as pre-filled.

There are two reasons why a large number of pensioners – entitled to income tax refunds appear this year:

  1. The fact that during 2023 the vast majority of pensioners had a total of more income tax withheld than their annual income from main and supplementary pension. This was because, for the first time, pensioners received increases of up to 7.75% in their pension amounts nominally from 1-1-2023, but effectively from March 2023, together with retroactive amounts of increases for the first two months of 2023. In that month, therefore, the calculation of the monthly income tax withholding was made on very significantly increased pension amounts, as both the increase of the month of March and the increases of the two previous months had been added to them. In particular, when calculating the monthly income tax withholding in the month of March 2023 and specifically when reducing the monthly pension to annual, in order to first calculate the withholding tax on an annual basis and then divide the annual tax by 12, to derive the monthly withholding amount, as is done every month, the following happened:

a) The amount of the monthly pension multiplied by 12 was temporarily significantly increased, because it included the retroactive increases of the two previous months.

b) This had the result, when converting the over-increased monthly pension to an annual one, that a fictitiously increased annual pension a

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Tax returns: Bulk tax refunds to pensioners 2024-05-10 14:47:42

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