The deadline for payment of the first deposit of the CTS is about to expire. Find out what sanctions a company that fails to grant the corresponding amount of Time of Service Compensation (CTS) would receive. It should be noted that Not all private sector workers have this work benefitwhich is under the supervision of […]
Tag: Companies
Johnson & Johnson willing to pay $6.5 billion to settle talc lawsuits
The American pharmaceutical giant Johnson & Johnson is willing to pay US$6.5 billion in its plan to close civil lawsuits in the case of talc identified as carcinogenic. This disbursement would occur over a period of 25 years in those cases due to ovarian problems, which represents 99.75% of the claims, while the rest is […]
Pfizer: sales fell by 20% due to lower demand for covid products
The American pharmaceutical company Pfizer reported that in the first quarter of this year it recorded net profits of US$ 3,115 million, 44% less than in the same period of 2023. While the company’s billing reached US$ 14,879 million, a reduction of 20% in interannual terms. According to the New York-based pharmaceutical giant, the drop […]
Strong increase in BBVA bank profits thanks to Spain and Mexico
The net profit of the Spanish bank BBVA rose 19% in the first quarter of 2024 thanks above all to good operating results in Spain and Mexico, which offset the impact of an exceptional tax introduced by Madrid. The second Spanish banking group, behind Santander, obtained total profits of 2,200 million euros (US$ 2,358 million) […]
Von der Leyen affirms that “Europe must be simpler, faster and cheaper”
The president of the European Comission (EC), Ursula von der Leyen, stated this Friday that it is necessary for Europe to be “simpler, faster and cheaper” in order to remain a competitive location for companies. In the new phase of the economy in which we are entering and with competitiveness driven by state policies, it […]
With the arrival of Chery in Spain, China accelerates its automotive offensive in Europe
Chinese car manufacturer Cherry On Friday he formalized his landing in Spain, where it will produce vehicles, mainly electric, starting at the end of 2024, in a new sign of Chinese appetite for the European market despite the clash with Brussels. Chery, known for its economical cars, is the second Chinese brand to announce its […]
Young Entrepreneur Law: less income for companies that hire personnel between 18 and 29 years old
Reactivation of the labor market. Companies that hire one or more new workers may enjoy an additional deduction of 50% of the basic remuneration paid to them, regardless of their working hours and their contractual modality. Join the WhatsApp channel Price of the dollar in Peru: what is the exchange rate for this Friday, April […]
Adidas: amount paid by Nike to dress Germany is “inexplicable”
The boss of the sportswear brand Adidas considered that it was “inexplicable” the sum that, according to the media, his great rival Nike would have offered to snatch away the historic sponsorship contract of the german soccer team. Bjørn Gulden also said, in an interview with AFP, that the German brand would make an offer […]
Climate policies can be implemented with minimal economic damage
The climate policies They can be applied with minimal economic damage if you take into account not only the emissions data, but also the role that each company plays in a country’s economy. Research signed by the Austrian organization Complexity Science Hub (CSH) and published by Nature Sustainability applies its model with data from Hungary […]
The courts, protagonists in the fight against climate change
It is increasingly common that the battle against climate change be fought in court, as governments, laws and companies are also being sued for their role in the crisis. On Tuesday, the European Court of Human Rights (ECtHR) ruled that Switzerland was not doing enough to address climate change, its first such ruling against a […]