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Lebanon ceasefire deal: displaced communities start to return home

27/11/2024 0

As the Lebanon ceasefire deal entered into force early Wednesday based on the full implementation of Security Council resolution 1701 – facilitated by UN peacekeepers UNIFIL and bolstered by an international monitoring committee – UN humanitarians committed to supporting communities uprooted by the war that have already started returning home.

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In high-wage Germany, VW’s labour costs outstrip the competition

27/11/2024 0

As Volkswagen and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker spends a higher proportion of sales on labour costs than major rivals.  Why it matters  The data, in an internal memo by Volkswagen’s works council reviewed by Reuters, underscores the company’s challenge to remain competitive in its pricey home market as cheaper models from China arrive.  Volkswagen’s troubles also come amid broader anxiety in Germany over competitiveness, as politicians gear up for an election battle in February over how to revive a weakening industrial base.  The post In high-wage Germany, VW’s labour costs outstrip the competition appeared first on Reuters News Agency.   Source: Reuters News Agency 

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Nvidia’s AI chip demand still booming but slowing sales growth worries investors

27/11/2024 0

Reuters was 10 seconds ahead of rivals on NVIDIA’s slowest revenue growth forecast in seven quarters. The artificial intelligence chipmaker’s shares dipped almost 3% in U.S. post-market trading on Wednesday as the forecast failed to meet investors’ expectations.  The post Nvidia’s AI chip demand still booming but slowing sales growth worries investors appeared first on Reuters News Agency.   Source: Reuters News Agency