Tag #Economic Recovery

Showing 121 to 132 of 164 results

elmundo.es

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Jan 29, 16:12

Consum Reopens Stores, Offers Aid After Valencia Storm

Three months after a devastating storm hit Valencia on October 29th, Consum supermarket chain reopened 57 of its 69 damaged stores, offering aid to employees and communities while planning three new stores in affected areas for mid-2025.

Consum Reopens Stores, Offers Aid After Valencia Storm

Three months after a devastating storm hit Valencia on October 29th, Consum supermarket chain reopened 57 of its 69 damaged stores, offering aid to employees and communities while planning three new stores in affected areas for mid-2025.

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What is the immediate impact of Consum's actions on affected communities and its employees?

Consum, a Valencian supermarket chain, has reopened 57 of the 69 stores damaged by the October 29th storm. Repairs are ongoing for the remaining 12 stores, with a projected completion by mid-2025. The company also launched aid programs for employees and communities.

africa.chinadaily.com.cn

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Jan 27, 16:11

China Reports Solid Economic Progress in 2023, Outlines Future Plans

Chinese President Xi Jinping reported solid economic progress in 2023, citing effective policy implementation, technological innovation, and stable employment and consumer prices, while outlining plans for future reforms and sustained economic recovery.

China Reports Solid Economic Progress in 2023, Outlines Future Plans

Chinese President Xi Jinping reported solid economic progress in 2023, citing effective policy implementation, technological innovation, and stable employment and consumer prices, while outlining plans for future reforms and sustained economic recovery.

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Decent Work and Economic Growth

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What are the key strategic goals outlined for China's economic development in the coming years, and how might these goals impact global economic trends?

Looking ahead, China plans to deepen reforms, expand openness, and mitigate risks to sustain economic recovery. The formulation of the 15th Five-Year Plan (2026-2030) indicates a strategic focus on long-term development and equitable distribution of modernization's benefits, suggesting continued ambition and proactive economic management.

nbcnews.com

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Jan 25, 01:07

AmEx Q4 Spending Surges 8%, Driven by Millennial and Gen Z Spending

American Express's fourth-quarter 2023 card spending surged 8% year-over-year, fueled by a 16% jump in transactions from millennials and Gen Z, exceeding growth from older demographics and indicating continued strength in travel and entertainment spending, particularly in premium segments.

AmEx Q4 Spending Surges 8%, Driven by Millennial and Gen Z Spending

American Express's fourth-quarter 2023 card spending surged 8% year-over-year, fueled by a 16% jump in transactions from millennials and Gen Z, exceeding growth from older demographics and indicating continued strength in travel and entertainment spending, particularly in premium segments.

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Reduced Inequality

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How do spending patterns differ across various age demographics, and what underlying factors contribute to these differences?

The surge in spending is particularly notable among younger demographics, who are increasingly prioritizing experiences over goods. This trend is reflected in AmEx's data, showing an 11% increase in travel and entertainment spending compared to an 8% rise in spending on goods and services. The higher spending among younger consumers, coupled with continued elevated transaction levels in early 2024, suggests a potential shift in consumer behavior and spending patterns.

arabic.euronews.com

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Jan 24, 22:08

EU to Gradually Ease Syria Sanctions, Conditional on Human Rights Improvements

The EU is expected to agree next week on gradually easing sanctions on Syria, conditional on the Syrian authorities' commitment to human rights and minority rights; the plan includes easing restrictions on energy, electricity, transport, and some banking, excluding arms and sanctions against Assad r...

EU to Gradually Ease Syria Sanctions, Conditional on Human Rights Improvements

The EU is expected to agree next week on gradually easing sanctions on Syria, conditional on the Syrian authorities' commitment to human rights and minority rights; the plan includes easing restrictions on energy, electricity, transport, and some banking, excluding arms and sanctions against Assad r...

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Peace, Justice, and Strong Institutions

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What immediate impact will the planned easing of EU sanctions on Syria have?

EU foreign ministers are expected to reach a political agreement next week on gradually easing sanctions on Syria, contingent on the Syrian authorities' commitment to women's and minority rights. This phased approach allows for reversals if negative developments occur. The easing would likely include energy, electricity, transport, and some banking transactions, but exclude arms and sanctions against Assad regime figures.

europe.chinadaily.com.cn

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Jan 22, 04:12

Global Tourism Recovers to Near Pre-Pandemic Levels in 2024

In 2024, international tourist arrivals reached 1.4 billion, an 11 percent increase, recovering to 99 percent of 2019 levels, driven by restored air capacity and strong demand; spending reached $1.6 trillion.

Global Tourism Recovers to Near Pre-Pandemic Levels in 2024

In 2024, international tourist arrivals reached 1.4 billion, an 11 percent increase, recovering to 99 percent of 2019 levels, driven by restored air capacity and strong demand; spending reached $1.6 trillion.

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Decent Work and Economic Growth

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What were the key factors driving the significant recovery in international tourism in 2024?

International tourist arrivals surged 11 percent in 2024, reaching 1.4 billion, nearly fully recovering from the pandemic's impact. This represents a 1 percent increase over 2019 levels, with spending reaching $1.6 trillion.

zeit.de

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Jan 20, 19:08

Frankfurt Housing Market Recovers, Prices Rise

Frankfurt's housing market is recovering after a 2023 price decline, with prices rising up to 10 percent in 2024 for existing apartments; the city plans to increase affordable housing by improving funding and developing new building areas.

Frankfurt Housing Market Recovers, Prices Rise

Frankfurt's housing market is recovering after a 2023 price decline, with prices rising up to 10 percent in 2024 for existing apartments; the city plans to increase affordable housing by improving funding and developing new building areas.

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Sustainable Cities and Communities

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What is the current state of Frankfurt's housing market, and what are the most significant factors influencing price changes?

Frankfurt's housing market, after a price decline in 2023, is showing signs of recovery in 2024 and 2025, with prices rising up to 10 percent for existing apartments depending on the year of construction. The increase is attributed to a combination of factors, including increased demand due to population growth and the attractiveness of homeownership in the face of rising rents.

german.china.org.cn

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Jan 27, 10:11

China's Lunar New Year 2024: Record Spending Fuels Economic Boom

China's 2024 Lunar New Year saw record-breaking travel (273 million domestic trips on January 20th, a 17.3% year-on-year increase) and consumption, boosting the economy as consumers embraced traditional and modern trends, with increased demand for experiences, cultural tourism, cinema, and a rise in...

China's Lunar New Year 2024: Record Spending Fuels Economic Boom

China's 2024 Lunar New Year saw record-breaking travel (273 million domestic trips on January 20th, a 17.3% year-on-year increase) and consumption, boosting the economy as consumers embraced traditional and modern trends, with increased demand for experiences, cultural tourism, cinema, and a rise in...

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What is the immediate economic impact of the record-breaking travel and consumption during China's 2024 Lunar New Year?

China's 2024 Lunar New Year celebrations fueled a surge in travel and consumption, boosting the economy. A record 273 million domestic trips were recorded on Saturday, January 20th, a 17.3% increase year-on-year. This economic activity is evident across various sectors, from tourism to retail.

elpais.com

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Jan 25, 10:07

Banco Sabadell Returns Headquarters to Catalonia

Banco Sabadell, led by Chairman Josep Oliu, is returning its headquarters from Alicante to Catalonia in response to a failed hostile takeover bid by BBVA and improved political stability following recent regional elections; this move is intended to encourage other businesses to return to Catalonia.

Banco Sabadell Returns Headquarters to Catalonia

Banco Sabadell, led by Chairman Josep Oliu, is returning its headquarters from Alicante to Catalonia in response to a failed hostile takeover bid by BBVA and improved political stability following recent regional elections; this move is intended to encourage other businesses to return to Catalonia.

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How did the rejected BBVA takeover bid and the recent Catalan elections influence Banco Sabadell's decision?

The move is significant because it signals a potential shift in the political and economic climate in Catalonia. The decision comes after the successful reelection of the socialist party and a rejection of the BBVA's hostile takeover bid. The timing suggests a strategic response to both political stability and an aggressive corporate acquisition attempt.

china.org.cn

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Jan 25, 13:08

China Film Market Booms: Spring Festival Pre-Sales Exceed 525 Million Yuan

China's 2025 Spring Festival film pre-sales exceeded 525 million yuan (73.2 million USD) by January 25th, indicating a market rebound driven by diverse domestic films and government support, with potential to surpass the 2024 record of 8 billion yuan.

China Film Market Booms: Spring Festival Pre-Sales Exceed 525 Million Yuan

China's 2025 Spring Festival film pre-sales exceeded 525 million yuan (73.2 million USD) by January 25th, indicating a market rebound driven by diverse domestic films and government support, with potential to surpass the 2024 record of 8 billion yuan.

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What is the immediate impact of the strong Spring Festival film pre-sales on China's film market?

China's film market shows strong growth in 2025, with Spring Festival pre-sales exceeding 525 million yuan (about 73.2 million USD). This surpasses 500 million yuan within five days, exceeding expectations and signaling a market rebound after recent downturns. The diverse range of films, including anticipated blockbusters like "The Legend of the Condor Heroes," contributes to this success.

africa.chinadaily.com.cn

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Jan 22, 04:12

Global Tourism Recovers to Pre-Pandemic Levels in 2024

In 2024, international tourist arrivals reached 1.4 billion, an 11 percent increase and nearly a full recovery from the pandemic, generating $1.60 trillion in revenue; the Asia-Pacific region saw the largest increase, while the Middle East saw the largest increase compared to pre-pandemic levels.

Global Tourism Recovers to Pre-Pandemic Levels in 2024

In 2024, international tourist arrivals reached 1.4 billion, an 11 percent increase and nearly a full recovery from the pandemic, generating $1.60 trillion in revenue; the Asia-Pacific region saw the largest increase, while the Middle East saw the largest increase compared to pre-pandemic levels.

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What is the overall impact of the significant rise in international tourist arrivals in 2024?

International tourist arrivals surged 11 percent in 2024, reaching 1.4 billion, a near-complete recovery from the pandemic's impact. This rebound is reflected in a $1.60 trillion revenue increase, exceeding 2019 levels.

cincodias.elpais.com

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Jan 21, 10:09

LVMH Overtakes Novo Nordisk as Europe's Most Valuable Company

LVMH has overtaken Novo Nordisk as Europe's most valuable company, with a market cap of €341 billion versus Novo Nordisk's €261 billion, due to strong performance in the luxury sector and concerns about Novo Nordisk's pricing in the US.

LVMH Overtakes Novo Nordisk as Europe's Most Valuable Company

LVMH has overtaken Novo Nordisk as Europe's most valuable company, with a market cap of €341 billion versus Novo Nordisk's €261 billion, due to strong performance in the luxury sector and concerns about Novo Nordisk's pricing in the US.

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What factors contributed to LVMH reclaiming its position as Europe's most valuable company, surpassing Novo Nordisk?

LVMH, the world's largest luxury group, has surpassed Novo Nordisk to become Europe's most valuable company. This shift follows a recent drop in Novo Nordisk's stock price due to concerns over potential price reductions for its weight-loss and diabetes medications in the US. LVMH's market capitalization now stands at €341 billion, exceeding Novo Nordisk's €261 billion.

nbcnews.com

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Jan 18, 01:11

Wall Street Banks Smash Records Amidst Merger and Acquisition Boom

American investment banks like JPMorgan Chase and Goldman Sachs reported record profits in the fourth quarter of 2024, exceeding expectations due to increased trading activity, a rise in investment banking deals, and the anticipation of a surge in mergers and acquisitions fueled by a more favorable ...

Wall Street Banks Smash Records Amidst Merger and Acquisition Boom

American investment banks like JPMorgan Chase and Goldman Sachs reported record profits in the fourth quarter of 2024, exceeding expectations due to increased trading activity, a rise in investment banking deals, and the anticipation of a surge in mergers and acquisitions fueled by a more favorable ...

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How did the shift in Federal Reserve policy and the change in political leadership impact Wall Street's performance?

This surge in profits is linked to a combination of factors: the Federal Reserve's shift to easing monetary policy, the election of Donald Trump, and a predicted increase in merger and acquisition activity. This signifies a return to a more favorable environment for Wall Street after a period of higher interest rates and regulatory uncertainty.

Showing 121 to 132 of 164 results