Victoria Fox's Blog, page 8

Capgemini cuts 2024 revenue target again after soft markets hit third-quarter sales By Reuters

(Reuters) – French IT consultancy group Capgemini cut its 2024 revenue target for the second time this year on Wednesday after continued weakness in some of its markets, particularly manufacturing, hit its third-quarter sales.

The group, which offers services ranging from cloud and AI to enterprise management across a wide range of industries, in July forecast a surprise drop in its annual revenue due to declines in the automotive and aerospace sectors.

It now expects its revenue to fall between 2% and 2.4% on a constant currency basis, down from a previous forecast of a 0.5% to 1.5% decline.

Capgemini’s revenue fell 1.6 percent at constant exchange rates to 5.38 billion euros ($5.82 billion) in the third quarter.

“In a market that remains soft overall, we expect to achieve similar growth in Q4,” Chief Executive Ayman Ezzat said in the earnings report, although he added that the company expects headwinds in the technology and telecom sectors to gradually ease.

“Customer demand continues to be driven by operational efficiency and cost reduction, and we are benefiting from their growing appetite for AI and Gen AI services,” said Ezzat.

($1 = 0.9244 EUR)

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Thai government pushes for higher inflation range ahead of BOT meeting By Reuters

BANGKOK (Reuters) – Thailand’s inflation target should work to push inflation above 1 percent, Finance Minister Pichai Chunhawajira said on Tuesday ahead of a meeting with the central bank governor where he hopes to reach agreement on a new target range.

Pichai and Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput, along with officials, are due to meet on Tuesday to discuss the inflation target.

The government has been pushing for a higher inflation target than the current range of 1% to 3% to boost the sluggish economy, while the central bank insists the target, which is in place from 2020, has worked well for the economy.

Before the meeting, Deputy Finance Minister Paopoom Rojanasakul said inflation was too low and the target range should be higher.

In the January-September period, average annual headline inflation was 0.20%, well below the target range.

Earlier this month, the BOT unexpectedly cut its key interest rate by 25 basis points to 2.25%, the first cut since 2020 in October.

The government had been pushing all year for a cut, saying interest rates had hampered activity. The central bank responded that structural problems were weighing on growth.

Pichai and Setaput met earlier this month in a meeting that lasted nearly two hours, in which Pichai said they discussed debt and liquidity issues.

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Partial recount in Georgia after international criticism

There was criticism both in Georgia and in the West after the Georgian Dream party won the election. The party, which seeks rapprochement with Russia, received 54 percent of the vote, according to official results. The pro-European opposition and the president of the country in the Caucasus believe that this has been manipulated. Thousands of Georgians took to the streets of the capital Tbilisi on Monday evening to demonstrate.

The demonstration in the capital passed peacefully. President Salome Zurabishvili told voters outside the parliament building that their votes had been “stolen”. Georgian Dream reacted with irritation to such claims. The speaker of the parliament defended the result and accused Zurabishvili of spreading “disinformation” to destabilize the country.

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Axios, 28-day Gaza ceasefire discussed

07:39 a.m

Iran, ‘Israel has not achieved its evil goals’

“The Zionist regime failed to achieve its evil goals… The Israelis even tried to open embassies in Arab countries, but today the same countries condemn the brutal actions of the criminal regime”: the president said last night, Iran’s Massoud Pezeshkian, referring to recent visits by the foreign minister Abbas Araghchi in the countries of the region for talks on the crisis in Gaza and Lebanon and on the growing tension between Tehran and Tel Aviv. “Along with courageous resistance, Iranian diplomacy also paralyzes the Israeli regime,” Pezeshkian added, quoted by IRNA.

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13-year-old child walks satyr in Neapolitan area: reported

13-year-old boy on the street, armed with Satyr in the province of Naples. This was discovered by the Carabinieri of Lt Look at it during some checks in Pollena Trocchia near a betting shop on via Massa.

At the sight of the police, some children tried to run away. two minors The 14- and 13-year-olds were checked and searched. In the pockets of the 14-year-old child there was a knife with a length of 22 centimeters, and a kitchen knife with a total length of 27 centimeters was found with the 13-year-old.

INSIGHTS

The two were reported and then released to their respective parents. As part of the increased control of nightlife ordered by the Provincial Command of Naples, the Carabinieri of the Torre del Greco company have reported a 16-year-old youth found in possession of a butterfly knife while in the company of other peers in Corso Umberto I.

However, in Vola, the carabinieri from the local station reported a 17-year-old non-criminal youth for distributing drugs and possessing a weapon. The boy was stopped on Via De Filippo and found in possession of 5 grams of hashish and a knife.

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many absent in Milan. Fonseca will “add” others, but by choice

The postponement of Bologna-Milan was, according to the Rossoneri club, a serious mistake that has punished and will punish Fonseca’s team throughout this championship. One can’t help but agree: as of today, Milan are -8 behind leaders Napoli with the head-to-head clash to be played tonight at the San Siro with the fear of an already side distance.

Fonseca’s words
Paulo Fonseca also confirmed these difficulties at the press conference: “We wanted to play also because now we have two important players suspended. The team is training well, I have faith in all the players. We are fighting for the Scudetto. The fans have to believe in it because we are strong and we can fight for the championship.” Clear words, clear goals, but there are facts to be done: if Milan want to fight for the Scudetto, they have to beat Napoli tonight.

Milan’s probable line-up
Fonseca will be without the suspended Theo Hernandez and Tijani Reynders: in their place will be Terraciano and Loftus-Cheek respectively. Tomori can be benched: Pavlovic and Tiau will act in defence; Gabby is injured. Fofana is untouchable in midfield, just as Pulisic is untouchable in midfield; the American will play in the center, behind Morata: Chukwueze on the right, Okafor on the left, preferred – for the second time in a row – to Rafael Leao.

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They find two dead lawyers in Oaxaca

c Oaxaca, They located lifeless bodies on two lawyers which were reported as is missing.

The lawyers Raul Blas Canseco (54 years old) and Umberto Luis Ruiz (42) were found dead.

The staff of Prosecutor’s office State general (FGEO) reported that they were in their make vehicle Hyundai type Gran 110 Black color with Oaxaca plates.

The car would roll over in the area Marilou, on Magdalena Tequisistlan.

The two have been reported missing and were last seen on October 23 on 2024

this day, Department of Missing and Missing Persons (DNOL)to FGEO, issued the search files to both Adv.

On the day of his disappearance, a group of people set up a blockade that would force the occupants of the car to take an alternate route.

You may be interested in: FGJCDMX cooperates in the arrest of a murderer in Guanajuato

After several days of searching this Sunday 27 October The discovery of both is confirmed.

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Airfare tax: ‘affordable’ extra €9.50 to fly within Europe, says transport minister

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The minibus was completely burnt in a parking lot

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The fire service was called to a burning van at around 11pm on Monday night. The car was parked in a car park on the L268 near Königswinter-Herresbach. About 20 volunteers from the volunteer fire department and three vehicles from the Uthweiler unit responded to the operation.

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End of the Closed Season: The Great AZ Analysis of the TSV 1860 Crisis

1860 staggered to the basement after the 1:5 defeat in Cottbus. Is coach Yannickis the weakest link – or are the problems deeper? Sporting boss Werner: “We should all doubt.”

A tense situation at TSV 1860: President Robert Reisinger, sporting director of Sport Christian Werner and head coach Argyrios Yanikis (from left)
© sampics

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