Europe’s leading semiconductor manufacturer reports a fifth consecutive quarter of declining revenues. The group embarks on a vast reorganization and savings plan, targeting at least $500 million annually by the end of 2027. Nvidia’s exceptional results on AI chips increasingly conceal the depth of the crisis affecting the rest of the industry. In the front […]
the economy minister’s recipe for “saving our social model”.
Antoine Armand stressed this Monday morning that “the French work less overall than our neighbors”. “We have to make this effort together”, he insisted. Faced with a public finance situation that he considers “extremely worryingOn Monday morning, Antoine Armand, the French Minister of the Economy and Finance, called for an increase in the number of […]
“the economic environment is not particularly favorable for European small caps”, according to Goldman Sachs
One of the reasons weighing on small caps, according to Goldman Sachs: if China and the United States were to raise their tariffs by 10%, the already meagre growth of the eurozone would lose one percentage point, the specialists calculate. Adobe Stock – Figaro Patrimoine et Bourse Macroeconomics, monetary policy, market phenomena: every week, Le […]
Ryanair reports a 6% drop in second-quarter profit, and is cautious about the rest of the year
Irish airline Ryanair announced on Monday a net profit of 1.4 billion euros for the second quarter of its offbeat financial year, down 6% on the same period last year, weighed down by lower-than-expected ticket prices. The “final result” for the current year “will depend on the absence of unfavorable developments”. over the remaining two […]
Mayors want to impose a tax on all landlords and tenants
And if the council taxabolished for principal residences, was making a comeback? Launched by the LR mayor of Meaux (77) Jean-François Copéthe idea gained ground. So much so that mayors have been suspected of putting pressure on the government to relaunch this tax, which is currently only paid by owners of second homes. “It’s not […]
Air France suspends Red Sea overflights until further notice
Two of the French airline’s flights turned back after an unidentified “luminous object” was reported over Sudan. The airline Air France announced this Sunday, November 3, the suspension “until further notice”. overflying the Red Sea, an area stretching from East Africa to the Arabian Peninsula. This decision follows suspicions “of an observation by a crew […]
Spying, harmful waves, savings… The truth about Linky
DECRYPTAGE – Perpetually the subject of controversy, the smart meter conceals many secrets. From preconceived ideas to well-founded rumors, here are 10 points that will astonish you. As a reminder, Linky is the name of the communicating electricity meter designed by Enedis, the EDF subsidiary responsible for managing the French electricity grid. It began to […]
how trade shows have reinvented themselves
SURVEY – The sector has succeeded in returning to its pre-Covid attendance levels, thanks in particular to “festivalization”. Plunging décolleté, chiselled lace, bustier worked with hot-melt glue… The dress in chocolate by couturier Jérôme Blin and Gaël Clavière, pastry chef at Matignon, caused a sensation at the inaugural show of the Salon du chocolatelast week. […]
Paris wants the EU to postpone sanctions on carmakers until 2025
Antoine Armand fears that fines imposed on automakers will “weaken investment” and “strengthen our Asian competitors”. French government to ask Brussels to postpone sanctions against European carmakers that fail to meet CO2 emissions targets in 2025, announced Antoine Armandthe French Minister of the Economy, in an interview with Echos published on Sunday. “We need to […]
Education, Justice… After taxes, MPs launch spending spree
The elected members of the Finance Committee are “having fun” with initiatives often proposed by the left. At the Finance Committee, it’s all about shaving the fat these days. Spending increases of 1 million here, 57 million there, 6 billion there, or sometimes even just… 1 euro are being adopted. After the revenue side of […]