Credit Suisse Collapse: Regulator Failure Exposed

Credit Suisse Collapse: Regulator Failure Exposed

Credit Suisse ‍Collapse: Swiss Oversight ‍Under Scrutiny The stunning collapse of​ Credit ⁢Suisse ‌in​ 2023⁣ sent shockwaves⁢ through the global⁢ financial system, narrowly⁤ averting a potential crisis. A recent ‍report reveals‍ significant shortcomings ⁣in ⁢Swiss ⁣regulatory oversight, raising concerns about the effectiveness of international​ banking safeguards. The swiss ⁣Financial ⁢Market Supervisory Authority (FINMA) ‍released a … Read more

Private Rocket Launch Ends in Failure

Private Rocket Launch Ends in Failure

In a significant setback for Japan’s burgeoning private space sector, Space One, a startup aiming to become the first private Japanese‌ company to successfully orbit a satellite, ⁢announced ⁣the failure of its ⁢second Kairos rocket⁢ launch attempt on December ‌18, 2024. The rocket, launched ⁤from the Space One ⁤facility on the Kii Peninsula, was aborted … Read more

Mandarin Oriental Expands with Acquisition of Iconic Paris Hotel Lutetia

Mandarin Oriental Expands with Acquisition of Iconic Paris Hotel Lutetia

Mandarin Oriental, the renowned Asian luxury hotel group, is setting its sights on Paris with ambitious expansion plans.​ The ​group,known for its​ opulent properties worldwide,aims too double ‍its global presence within the next​ decade,with a ⁤particular focus on the City of Lights. “Parisian attractiveness ⁢is ‌phenomenal,”‍ enthuses ‍Laurent ‌Kleitman, the general director of Mandarin Oriental, … Read more

Stellantis President Reassures European Management of “Clear Strategy

Stellantis President Reassures European Management of “Clear Strategy

Stellantis⁣ President John Elkann reassured European management teams this week, emphasizing the company’s “clear strategy”​ following the abrupt departure of⁣ CEO Carlos Tavares. Elkann, who has assumed ‍the role of interim CEO, met with executives in Vélizy, France, near Paris, and stressed Stellantis’s strong position heading into​ 2025. “The company has a clear strategy and … Read more

“The company is saved”: Zenitude and Stella take over Réside Etudes Seniors

“The company is saved”: Zenitude and Stella take over Réside Etudes Seniors

CONTACT WITH FIGARO – The commercial court of Paris, this Thursday, chose the joint offer submitted by the two groups to take over the Réside Etudes Seniors centers. This is a relief for the 6,000 elderly residents in the 75 establishments Residence of Higher Education (RES), for their families, as well as employees. All of … Read more

prices jump after disruptions in Norway

prices jump after disruptions in Norway

Oil prices ended sharply higher on Monday, spurred by the shutdown of the main Norwegian field and by fears of a widening conflict between Russia and Ukraine. The price of a barrel of Brent from the North Sea for delivery in January rose 3.18%, to close at $73.30. Its American equivalent, West Texas Intermediate (WTI) … Read more

Généthon on the verge of finding a treatment for Duchenne muscular dystrophy

Généthon on the verge of finding a treatment for Duchenne muscular dystrophy

DECRYPTION – The AFM-Téléthon galaxy laboratory needs 115 to 120 million euros to complete its development. Seeing little Sacha, Telethon ambassador, running down the stairs, it’s hard to imagine that he couldn’t run or jump just two years ago. At 8 years old, he is one of five children suffering from Duchenne muscular dystrophy to … Read more

Boeing hit by gunfire before takeoff in Dallas

Boeing hit by gunfire before takeoff in Dallas

By TD Published 1 hour ago, updated at 5:37 p.m. ” data-script=” > A Southwest plane had to return to the gate after being shot Friday evening. No injuries were reported. A Boeing 737-800 of the American company Southwest Airlines was hit by a shot at Dallas airport this Friday, November 15, as it was … Read more

prices undermined by the prospect of an imbalance between supply and demand

prices undermined by the prospect of an imbalance between supply and demand

Oil prices rose very slightly on Tuesday, but remain weighed down by the prospect of sluggish Chinese demand, while supply could be oversupplied in the months to come. The price of a barrel of Brent from the North Sea, for delivery in January, gained 0.08% to close at $71.89. That of a barrel of American … Read more

prices fall after Donald Trump’s victory

prices fall after Donald Trump’s victory

Oil prices limited their losses after a drop on Wednesday caused by the impressive rise of the dollar after the election of Donald Trump. The price of a barrel of Brent from the North Sea for delivery in January lost 0.81% to $74.92. Its American equivalent, a barrel of West Texas Intermediate (WTI), for delivery … Read more