“Ikea in Russia: Revenue, Profit, and Market Share – A Comprehensive Analysis”

“Ikea in Russia: Revenue, Profit, and Market Share – A Comprehensive Analysis”

Ikea in numbers According to Ivan Fedyakov, CEO of Infoline, Ikea’s business in Russia worked with a small margin: in 2021, the company’s revenue was about 157 billion rubles, and profit was about 4–5% of turnover. Ikea occupied up to 20% of the Russian home goods market. In addition, 14 Mega shopping centers are owned … Read more

“New York’s Iconic Flatiron Building Finally Sold at Auction for $161 Million”

“New York’s Iconic Flatiron Building Finally Sold at Auction for 1 Million”

The building had been empty since 2019, with its owners unable to agree on its use. By Le Figaro with AFP Published on 05/24/2023 at 00:40update on 05/24/2023 at 00:59 This content is not accessible. A 22-storey, 87-meter high office building, at the crossroads of 22nd Street, Fifth Avenue and Broadway, the “Flatiron” owes its … Read more

“From CEO to Teacher: Yannick Le Borgne-Larivière’s Journey and Vision for the Future”

“From CEO to Teacher: Yannick Le Borgne-Larivière’s Journey and Vision for the Future”

A graduate of the Rennes business school, Yannick Le Borgne-Larivière started out in a Spanish subsidiary of Thomson. In 1998, this 50-year-old agreed to take over the gate manufacturing company founded thirty-four years earlier by his father and grandfather. This SME employs 14 people and has a turnover of 2 million euros. Happy in his … Read more

European Companies Outperforming US Companies in Earnings Season

European Companies Outperforming US Companies in Earnings Season

European companies overshadow US companies by Sven Weisenhaus The earnings season in the USA is going well (see “Positive earnings season vs. problems in the banking sector”), but it is far outperformed by the results of European companies. Because while US companies are still having to accept a decline in profits (even if they are … Read more

Corporate Client Portfolio Manager – Mission and Responsibilities

Corporate Client Portfolio Manager – Mission and Responsibilities

Position and missions Within the BTP Banque de 📍 business center Toulon,as a true partner, you support the Account Managers in the development and monitoring of their client portfolios in compliance with the procedures in force and the defined deadlines. You are in charge of the administrative, accounting and legal management of a corporate client … Read more

Rising number of Chinese SMEs listed on Wall Street despite tensions with the US

Rising number of Chinese SMEs listed on Wall Street despite tensions with the US

AFP, published on Sunday, May 07, 2023 at 1:37 p.m. Rising rates, banking crisis and economic uncertainty have dampened the desire of many to go public since the start of the year, with a few exceptions, including small Chinese companies, which have landed by the dozens on the New York market, despite tensions between the … Read more

“Job Creations Rebound in the United States in April, Unemployment Rate Falls – Labor Department Report”

“New York’s Iconic Flatiron Building Finally Sold at Auction for 1 Million”

Last month, 253,000 jobs were created, compared to 165,000 in March. By Le Figaro with AFP Posted on 05/05/2023 at 14:56update on 05/05/2023 at 14:56 This content is not accessible. Job creations rebounded in the United States in April, far from the slowdown in the labor market expected in the fight against high inflation. David … Read more

ECB’s Interest Rate Rise is Working: Demand for Credits and Mortgages Plummet

ECB’s Interest Rate Rise is Working: Demand for Credits and Mortgages Plummet

If what he intended European Central Bank with the rise in interest rates was to curb the demand for credits and mortgages On the part of companies and households (as an intermediate step to reduce demand and inflation), it seems that it is achieving its objective, and with flying colors. The banks are hardening their … Read more

US Treasury Secretary Janet Yellen warns of potential default as federal tax collection falls short

“New York’s Iconic Flatiron Building Finally Sold at Auction for 1 Million”

US Treasury Secretary Janet Yellen announced Monday that the federal state has collected less tax than expected. By Le Figaro with AFP Published on 01/05/2023 at 22:51update on 02/05/2023 at 00:48 This content is not accessible. US Treasury Secretary Janet Yellen. POOL / REUTERS The United States got a little closer to a potential default … Read more

“Bluesky: The Decentralized Social Network Gaining Popularity as an Alternative to Twitter Amid Concerns About Elon Musk’s Management”

“Bluesky: The Decentralized Social Network Gaining Popularity as an Alternative to Twitter Amid Concerns About Elon Musk’s Management”

Blueskythe social network created by the co-founder and former head of Twitter Jack Dorseyis gaining popularity and is being presented as an alternative to the blue bird logo platform amid concerns about its management by Elon Musk. According to Forbes magazine, which cites data from the Data.ai firm, the Bluesky application has been downloaded 360,000 … Read more