Category: Rose
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Average wage in Israel rose 5.1% in 2024
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The average wage of the Israeli employee increased by 5.1 % in 2024, compared to 2013, according to the reports of the Central Bureau of Statistics. Even after the inflation was taken into account, real wages increased by 1.9 %. From a long -term perspective, the average real wage in…
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Allan Leighton returns to Asda as chair, succeeding Stuart Rose
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Asda has appointed former chief executive Alan Layton as its new boss, replacing Lord Stuart Rose amid ongoing challenges including an IT overhaul and falling sales. Leighton, who led Asda from 1996 to 2000, is set to take the helm of the UK’s third-largest supermarket chain during a critical period…
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Allan Leighton returns to Asda as chair, succeeding Stuart Rose
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Asda has appointed former chief executive Alan Layton as its new boss, replacing Lord Stuart Rose amid ongoing challenges including an IT overhaul and falling sales. Leighton, who led Asda from 1996 to 2000, is set to take the helm of the UK’s third-largest supermarket chain during a critical period…
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U.K. Labor Market Update: Wages Cool But Unemployment Rose Above Expectations
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The UK labor market showed mixed signs in the quarter ending September, with wage growth moderating but the unemployment rate rising more than expected. The Office for National Statistics (ONS) reported that regular wage growth (excluding bonuses) fell to 4.8% in the three months to September from 4.9% in August,…
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China house sales rose over the holiday period – property sector recovery?
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China began the week-long National Day holiday on Tuesday, October 1. In the week before the start of the holiday, the Chinese authorities announced a set of economic stimulus measures. Some measures were specifically directed at the real estate sector, such as: Reductions in down payment rates Reductions in mortgage…
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Asda co-owner Mohsin Issa steps back as Lord Rose takes temporary charge
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Asda co-owner Mohsen Issa is stepping down from his role in the day-to-day running of the UK’s third-largest supermarket, despite the fact that a permanent chief executive has yet to be appointed. The move allows Issa to focus on his role as CEO of EG Group, which operates petrol stations…
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Asda’s struggle under Issa brothers draws criticism from Chairman Lord Rose
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Asda chairman Lord Rose has expressed his embarrassment at the supermarket chain’s recent decline, particularly under the leadership of the Issa brothers. In a candid interview with TelegraphRose acknowledged the challenges Asda faces, revealing his concerns about the company’s declining performance and market share. After a 2.1% decline in sales…
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UBS: Average wealth in Israel rose in 2023
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Israel ranked 18th in the UBS Global Wealth Report with an average wealth of $260,000 per adult in 2023, up 14% from 2022 and outpacing the global average growth of 4.2%. According to the Swiss bank, median wealth growth in Israel was much weaker, indicating that wealth is growing much…
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U.K. Joblessness Rose 50.4K in May, But Wage Growth Picked Up
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The UK claimant change figure indicated a larger than expected jump in unemployment at 50.4K for May versus the consensus reading of 10.2K and the previous unemployment gain of 8.9K. Meanwhile, the unemployment rate rose from 4.3% to 4.4% instead of stabilizing, reaching its highest level since October 2021. However,…
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U.K. Joblessness Rose 50.4K in May, But Wage Growth Picked Up
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The UK claimant change figure indicated a larger than expected jump in unemployment at 50.4K for May versus the consensus reading of 10.2K and the previous unemployment gain of 8.9K. Meanwhile, the unemployment rate rose from 4.3% to 4.4% instead of stabilizing, reaching its highest level since October 2021. However,…
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Why FuelCell Energy, Bloom, and Clean Energy Fuels Rose Today
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Renewable energy stocks rose on Tuesday after… Power delivery (NASDAQ: Delivery) Announce receipt Guaranteeing a loan worth $1.66 billion From the US Department of Energy. Plug currently has two hydrogen fuel production facilities at full capacity, with a third facility approaching that mark. Plug says the government aid will help…
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Solana Memecoin Rose Upto $328 T In Market Cap Only To Fall Back To Zero.
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The latest saga has rocked the solana memecoin cryptocurrency world, which has always been a hotbed of speculation, hype and the occasional scam. This article explores the dramatic and disturbing journey of the memecoin on the Solana blockchain which astonishingly reached a market cap of $328 trillion, only to be…
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New Zealand Economy Shed Jobs in Q1, Unemployment Rate Rose to 4.3%
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The New Zealand economy unexpectedly lost jobs by 0.2% on a quarterly basis in the first quarter of 2024, raising the unemployment rate from 4.0% to 4.3% over the period. The principal components revealed that the labor force participation rate fell from 71.9% to 71.5%, indicating that people may be…