The CAC 40 closed Friday’s trading session in the red, weighed down in particular by luxury goods stocks. The French stock market did not benefit from the Fed’s rate cut, nor from the US trend. Market trend CAC 40 never expected a green sessionor at least close to equilibrium. The Paris flagship index did open […]
Booksellers worry about Amazon’s ruse to make book delivery free
The U.S. group has found a loophole to avoid charging the 3 euro shipping fee made mandatory since 2023. The French Ministry of Culture has referred the matter to the Book Ombudsman. The battle had lasted many years between French bookshops and the e-commerce giant Amazon. Lobbying by the American king of 1-centime delivery failed […]
How Cartier is gaining ground in a sluggish luxury market
DECRYPTAGE – Sales of the jeweler, one of the world’s leading luxury brands, rose by 4% this summer, while most of its rivals are marking time. Trees may not reach for the sky, but the sturdiest retain their proud appearance when the weather turns cloudy. In a luxury market in upheaval, Cartierthe group’s powerhouse Richemont […]
Donald Trump wants to appoint Robert Lighthizer as US Trade Representative
U.S. Trade Representative from 2017 to 2021, the 77-year-old lawyer and staunch defender of U.S. companies hurt by international competition could be back in the job, according to the Financial Times. Robert Lighthizera firm believer in strong U.S. tariffs, has received an offer to take over his duties as U.S. Trade Representative (USTR) in President-elect […]
the need for savings that is weighing down negotiations
DECRYPTAGE – The French Labor Minister has asked unions and employers to find an additional 400 million euros by 2025. A sum that complicates a discussion that is already well underway. The laborious negotiations between social partners on the future of unemployment insurance don’t usually attract large crowds. However, on the morning of Friday November […]
Danone confirms the effectiveness of its strategy, volume growth accelerates
By Loïc Danton Published 2 hours ago, updated at 2:19 pm Actimel, one of the flagship products of Danone’s EDP division, contributed to the group’s third-quarter volume growth. 749899041/yujie – stock.adobe.com OUR SHARE ADVISORY ON DANONE – The food group exceeded expectations in Q3 2024 thanks to all its divisions. Despite its quiet performance, Danone’s […]
Employees blockade Dumarey in Strasbourg
The Strasbourg plant of the automotive supplier Dumarey Powerglide, which is preparing to cut 248 jobs, was completely blocked on Friday by striking employees demanding improved support measures. “From the outset, we’ve said that employees deserve to leave with dignity, but in view of the proposals we’ve received, we’re a long way from the demands […]
Threatened with extinction, 60 millions de consommateurs magazine calls on the government to take action
The cash position of the INC group, which runs the magazine, is “shrinking like a stone”, warns a member of the CSE. Employee representatives of the Institut National de la Consommation (INC), which publishes the magazine 60 millions de consommateurshave asked for urgent help from the government of Michel BarnierOtherwise, INC “won’t make it past […]
Paris Bourse fails to follow US trend, JCDecaux stumbles despite rising sales
The CAC 40 is in the red in this last session of the week. After the Fed cut rates by 0.25 points, the Paris Bourse failed to soak up the American euphoria. The Paris Bourse made a good attempt to open higherbut quickly fell below equilibrium. Since then, it has been in the red on […]
with Donald Trump’s victory, a glimmer of hope for TikTok
Atos announces the sale of its strategic subsidiary Worldgrid for 270 million euros to Alten The sale was announced in June, and is of strategic importance for the industrial security of France’s nuclear power plants. Elon Musk, Peter Thiel, David Sacks… How the “PayPal mafia” worked for Donald Trump’s victory RECIT – From public support […]