The CEO of financial services co-operative Desjardins Group is bracing for months of economic turmoil ahead.
“The next six to seven months in front of us will be quite a challenge,” Guy Cormier told BNN Bloomberg in a Tuesday interview.
Cormier said he’s unsure if there is a significant downturn, a “soft landing” or a slowdown ahead for Canada’s economy, but he anticipates people and businesses will feel the economic pinch regardless.
A few years ago renewables were having their moment in the sun (and wind). Rock-bottom interest rates lowered the cost of clean power, which is expensive to deploy but runs on sun and wind that come free of charge.
Vitesco Technologies, a leading international provider of modern drive technologies and solutions for electromobility, was announced today as the recipient of its third German Design Award: "Excellent Communications Design - Audiovisual" for its brand sound. Vitesco Technologies was previously honored with the German Design Awards in 2021 for its "Corporate Identity" and "Brand Identity" efforts. The official award ceremony will take place on January 26, 2024 in Frankfurt (Main).
At today’s Capital Market Day in Hanover, Continental announced its strategy for increasing value creation. To achieve its mid-term targets, the company will adopt a package of cost-reduction measures. It thus aims to achieve a consolidated adjusted EBIT margin of around 8 to 11 percent in the next two to three years and then improve within this range. The company has also sharpened its sales expectations. In the short term (two to three years), Continental aims to achieve total sales of around €44 billion to €48 billion.
Cuando hablamos de la planta de Seat en Martorell, de Volkwagen en Landaben, de Ford en Almussafes, de Opel (Stellantis) en Figueruelas, de Renault en Palencia o Valladolid y de Citroën (Stellantis) en Vigo o Villaverde, sentimos ese orgullo patrio de nombrar a algunas de las mejores fábricas de automóviles de Europa.
Desde hace unos años, no hay respiro para la automoción valenciana. Primero fue la pandemia y la ruptura de las cadenas de suministro y mientras, la urgencia de la transición al eléctrico. Entre tanto, los Perte en el sector, proyectos como la gigafactoría de baterías de SEAT-Volkswagen en Sagunt y la determinación de Ford para quedarse en Almussafes dieron días de gloria que, sin embargo, no han evitado que sobrevuele ahora una sensación agridulce.
La dirección de Telefónica España ha cifrado el número de excedente de puestos de trabajo en torno a los 5.124 empleos entre las tres sociedades que incluirá en su Expediente de Regulación de Empleo (ERE). Sin embargo, la empresa prevé que el número final de bajas incluidas en el expediente -que aún no ha hecho pública- se inferior ya que además prevé reducir este exceso de plantilla mediante recualificación (upskilling y/o reskilling), cambios de actividad e internacionalizaciones.
The president of Cop28, Sultan Al Jaber, has claimed there is “no science” indicating that a phase-out of fossil fuels is needed to restrict global heating to 1.5C, the Guardian and the Centre for Climate Reporting can reveal.
Al Jaber also said a phase-out of fossil fuels would not allow sustainable development “unless you want to take the world back into caves”.