The president of the Taiwanese giant chips TSMC assured this Wednesday that there have been “progress” at its plant under construction in USA. The start of production at the Arizona plant (west) has been delayed due to a shortage of workers and alleged union conflicts. Taiwan Semiconductor Manufacturing Company (TSMC) is a key player in […]
Tag: Companies
LPG in Arequipa: fuel continues to run out of taps in the White City
The shortage continues liquefied petroleum gas (LPG) in Arequipa. On the morning of this Tuesday, August 22, Exitosa reported from the Chaskigas tap, located between Muñoz Najar and La Paz avenues in the city fence, that fuel is highly demanded these days. The staff working in the parking lot reported that the fuel is being […]
Lima Stock Market falls 1.02% with 10 indicators in red, this Monday, August 14
The Lima Stock Exchange (BVL) closed the session of this Monday, August 14, 2023 with losses in most of its indices and scored 10 downward indicators and 6 upwards. Thus, the S&P/BVL Peru General index, the most representative of the Lima stock market, fell 1.02% to 23,225 points. For its part, the S&P/BVL Peru Selective […]
UBS will pay US$ 1,435 million to settle complaints in the US.
UBS agreed to pay $1.435 million in penalties to settle a civil misconduct lawsuit related to the Swiss bank’s underwriting and issuance of toxic financial products or “subprime”the type of asset that caused the financial crisis of 2008. This settlement resolves the latest case brought by a Justice Department task force investigating the conduct of […]
Paramount sells publishing conglomerate Simon & Schuster for $1.62 billion
Simon & Schuster publishing house, one of the big five in USA and among the most important in the world, it has just been sold by its mother company, Paramount Global, to the investment fund KKR for a price of US$ 1,620 million in cash. Publishing such well-known bestsellers as Stephen King and Mary Higgins […]
Saudi sovereign wealth fund creates women-only fitness and wellness company
The Public Investment Fund (FIP) of Saudi Arabiaone of the sovereign wealth funds largest on the planet, announced today the launch of “Kayanee”, a company dedicated to boosting the exclusively female wellness sector, which currently moves more than US$ 4,000 million in the Arab kingdom. “Kayanee aims to create many investment opportunities in the fitness […]
US and Mexico agree to remedy labor violations at Goodyear plant
USA and Mexico agreed this Wednesday to take a series of measures to remedy several violations of labor rights that they found in a plant of the multinational Goodyear in San Luis Potosi. Among the measures announced by the office of the US Trade Representative, Katherine Tai, is to ensure that Goodyear complies with the […]
Netflix drops cheaper plan to boost advertising
Netflix you have removed your basic plan in USA and the United Kingdomin which users could watch series and movies without ads, while the company tries to attract more subscribers to its level with advertising. The company announced on its website that the basic $9.99/month plan will no longer be available to new or returning […]
Companies can deposit the bonus until this Friday, July 14
The payment of the gratuity for National Holidays is close. Well, employers have until July 15 to make this deposit to their workers. However, since this date falls on a Saturday, the maximum term to deposit this labor benefit would be reduced to Friday the 14th, warned the economist Omar Azanedo. “Payroll payments are carried […]
Eramet in talks with European automakers on lithium plan in Argentina
French mining group Eramet is in talks with several manufacturers of automobiles Europeans on commercial agreements that would help the company to finance its production project of lithium in Argentinasaid its chief executive Christel Bories. The race for lithium, a key raw material for making electric vehicle batteries, is accelerating as rising tensions between the […]