Receiving urgent work emails from colleagues even while on vacation? This is a common occurrence for many white collar workers, especially in India, where employees feel overworked and underpaid compared to their global counterparts, according to numerous studies over the years. But a Mumbai-based company has come up with a new way to solve this […]
Suzanne
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
Analysts put Americanas under review after “unprecedented accounting inconsistency”
Analysts are still awaiting details on Americanas’ announcement the night before about the preliminary discovery of around 20 billion reais in accounting “inconsistencies” in the company’s balance sheet, which led to the resignation of the chief executive and financial director at the company, but some have already placed recommendation for the papers under review. Sergio […]
China’s local government targets hint at country’s economic recovery
Several major provinces and cities in China have announced their growth targets for this year, most of them above 5%, offering the first clues about the country’s economic trajectory in 2023. Local governments across China began meeting this week for annual legislative sessions, setting out their respective policy goals for the year. The meetings will […]
Asian stocks close modestly higher, with attention on US inflation
Asian stock markets closed with marginal to modest gains this Thursday (12), with investors hoping that US consumer inflation (CPI) data will show a further slowdown in prices, paving the way for US interest rates to rise at a steady pace. slower. The Japanese Nikkei index was practically stable in Tokyo, with a slight rise […]
China’s Consumer Inflation Accelerates in December; producer prices fall
The annual rate of Chinese consumer inflation accelerated in December, driven by rising food prices even as domestic demand faltered amid subdued economic activity. Economists expect inflation to continue to accelerate in the first quarter of 2023. The consumer price index rose 1.8% year-on-year in December from 1.6% in November, data from the Office for […]
In times of volatility, investors trade unicorns for camels; understand
The last few years have been productive for unicorns — that is, those startups and tech companies with the potential to reach more than $1 billion in market value in a short period. According to data from the Distrito platform, US$ 9.79 billion was invested in innovation and technology in the country in 2021 against […]
Egg prices in Japan set to jump after record culling of 10 million birds
Japan has culled nearly 10 million birds as it grapples with a massive outbreak of bird flu, which threatens to put even more pressure on poultry supplies and drive up egg prices. In a statement on Tuesday (10), the Ministry of Agriculture of the Asian country said that 9.98 million animals were killed this season, […]
Americanas finds a R$ 20 billion shortfall and the company’s president resigns
In a material fact released this Wednesday (11), Americanas communicates that inconsistencies were detected in accounting entries estimated at R$ 20 billion, in a preliminary analysis, with the base date of September 30, 2022. possible to determine all the impacts of such inconsistencies on the company’s income statement and balance sheet”, says the note. According […]
See how salary discounts are after readjustment of contributions to Social Security
Discounts on taxpayers’ payroll change this year with the readjustment of the retirement amount for those earning above a minimum wage, which was set at 5.93%. The government uses the INPC (National Consumer Price Index) accumulated from the previous year to define the readjustment of INSS beneficiaries above the minimum wage. The index was released […]
Oil closes up 3% supported by optimism about Chinese demand
The most liquid oil futures contracts closed this Wednesday (11), in the positive, being the fifth high followed by WTI, reacting to expectations of greater demand, mainly from the reopening of China. In addition, in the background, investors monitored US oil inventories data, which came in well above expectations. On the New York Mercantile Exchange […]
