Sunday, December 22

Tag: New year

Xi Jinping Says Happy New Year
2Jan By adminNo Comments
Business

Xi Jinping Says Happy New Year

China’s Supreme Leader Xi Jinping offered his traditional New Year’s greeting Monday with a warning. “The reunification of the motherland is a historical inevitability,” Mr. Xi said, according to the Chinese-language version documented by various news sources.“Compatriots on both sides of the Taiwan Strait should be bound by a common sense of purpose and share in the glory of the rejuvenation of the Chinese nation,” he added. The official English translation wrote “all Chinese” rather than “compatriots,” according to a Reuters dispatch.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Minimum Wage To Rise In 22 States On Jan. 1, 2024
26Dec By adminNo Comments
Politics

Minimum Wage To Rise In 22 States On Jan. 1, 2024

Workers in 22 states and dozens of localities will see a wage hike on New Year’s thanks to cost-of-living adjustments baked into minimum wage laws.In all, 65 cities, counties and states will hike their wage floors at the start of 2024, the majority of them hitting at least $15 per hour, according to an analysis by the National Employment Law Project (NELP), a group that advocates for higher minimum wages.Another three states and 22 local jurisdictions will boost their minimums later in the year, including 15 that will set a floor of at least $17 for some workers.The near-record number of increases is the result of years of organizing by workers and labor groups pushing state and local governments on the issue, particularly through the union-backed Fight for $15 campaign that began in fast...
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India’s busiest routes see surprise dip in airfares for year-end travel
8Dec By adminNo Comments
Business

India’s busiest routes see surprise dip in airfares for year-end travel

Air travel on the country’s busiest routes this year-end is likely to be easy on your pocket compared to previous years. Airfares on major domestic routes like Delhi-Mumbai, Mumbai-Bengaluru, and Mumbai-Chennai have dropped by up to 28 per cent for the December 24-January 1 period compared to a year ago. This “adjustment” in airfares can be attributed to airlines’ efforts to rectify the missteps taken before Diwali, aviation industry officials say. In the run-up to the festival, airlines had maintained elevated fares to safeguard their higher yields (the average revenue earned per passenger per kilometre). However, this strategy resulted in lower load factors on several routes as the date approached, forcing them to reduce spot fares around Diwali in a bid to maxi...
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