CashNews.co PARIS (AP) — Prosecutors and police investigators who specialize in fighting fraud and corruption raided Netflix (NFLX) offices in France and the Netherlands on Tuesday, in a probe of suspected financial wrongdoing, judicial officials said. French and Dutch authorities have been working together for many months on the investigation centering on the suspected laundering […]
CashNews.co Hermès Monthly Chart – Source: ActivTrades’ Online Trading PlatformBottom Line The global luxury market, valued at approximately €320 billion in 2021, is on track to almost double, potentially reaching €600 billion by 2030, according to Luxonomy. This impressive projection underscores the resilience and adaptability of luxury brands in meeting global demand for premium goods. […]
CashNews.co France must take “credible” steps to tackle its high deficit, its new finance minister said Thursday, shortly before a major credit ratings agency gives its verdict on the country’s sovereign debt. Antoine Armand spoke to AFP on the sidelines of the Annual Meetings of the International Monetary Fund and the World Bank in Washington […]
CashNews.co (Bloomberg) — French inflation came in below the European Central Bank’s 2% target for the second consecutive month, supporting the case for continued interest-rate cuts. Most Read from Bloomberg Consumer prices in the euro area’s second-largest economy rose 1.5% from a year ago in October, statistics agency Insee said on Thursday. The reading is […]
CashNews.co TradeWinds is part of DN Media Group AS. From November 1st DN Media Group is responsible for controlling your data on TradeWinds. We use your data to ensure you have a secure and enjoyable user experience when visiting our site. You can read more about how we handle your information in our privacy policy. […]
CashNews.co (Bloomberg) — Societe Generale SA broadly beat analysts’ estimates in the third quarter, as its investment bankers profited from higher trading revenue and the French retail bank turned the corner. Equities trading rose 10% from a year earlier and fixed income gained about 6%, SocGen said in a statement Thursday. Both were ahead of […]
CashNews.co © LifeBackground | By Stuart Todd 29/10/2024 French MPs have amended a bill before parliament that would make a temporary windfall tax on the country’s ocean shipping operators permanent. The tonnage tax regime has also been modified, making it potentially less advantageous, and leaves CMA CGM facing a far greater financial hit than was […]
CashNews.co BREAKING NEWSOctober 30, 2024 at 1:19 PM UTC TLDR French President Macron’s visit to Morocco leads to potential €10 billion investment deals in infrastructure, energy, and high-speed rail. Engie, Alstom, and TotalEnergies are key French firms involved, supporting Morocco’s energy and transportation plans. Agreements include investments for OCP’s carbon neutrality and expanding Morocco’s high-speed […]
CashNews.co France will finance military equipment and ammunition for Ukraine using 300 million euros ($324 million) of interest from Russia’s frozen assets. This includes 12 Caesar self-propelled howitzers, 155mm artillery ammunition, Aster surface-to-air missiles, Mistral man-portable anti-aircraft systems, and AASM guided bombs, French Defense Minister Sebastien Lecornu said. “We are mobilizing the interests of frozen […]
CashNews.co The transaction, consisting of equity and convertible bonds, will cover Italy, Germany, France, Spain, Portugal, Poland and Croatia. RP Global aims to commission 2.5 GWp of renewable power in the next five years. October 28, 2024 Gwénaëlle Deboutte From pv magazine France Paris-based asset management company Mirova has announced a total investment of €480 […]