Travellers are facing increased costs in popular cities like Barcelona and Venice due to the introduction of tourist taxes to address overtourism and improve local infrastructure. These charges, added to hotel costs or entrance fees, are being implemented to manage overcrowding and fund cultural amenities, with similar fees seen in Amsterdam and Seville. While some may opt to pay the extra charges to support the local economy, others may seek alternative destinations to avoid the added costs and crowds, potentially leading to a shift in travel trends.
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Intel Names Lip-Bu Tan as New C.E.O. Amid Turnaround Efforts
Intel, a struggling semiconductor company, has appointed Lip-Bu Tan as its new CEO to help restore its reputation and market share. Tan, a seasoned business leader, faces the challenge of revitalizing the company after years of decline, including job cuts and loss of market value. Investors have responded positively to Tan's appointment, with Intel's stock price rising over 11% in aftermarket trading. Full Article
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