Foreign companies

Credit Suisse Collapse: Regulator Failure Exposed

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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

Mandarin Oriental Expands with Acquisition of Iconic Paris Hotel Lutetia

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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

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

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“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

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

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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

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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

Notice! Government officially extends tax holidays

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Notice! Government officially extends tax holidays

Jakarta – The government, through the Ministry of Finance (Kemenkeu), has extended the corporate tax or tax holiday until December 31, 2025. This extension is stated in the Regulation of the Minister of Finance (PMK) Number 69 of 2024 a regarding Amendments to PMK No. 130/PMK.010/2020 regarding the provision of Corporate Income Tax Reduction Facilities. … Read more

Flixbus, BlaBlaCar… How “Macron cars” became profitable

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Flixbus, BlaBlaCar… How “Macron cars” became profitable

Since the end of the pandemic, the leader Flixbus, and its challenger, BlaBlaCar, have been doing well by increasing frequencies on popular routes rather than opening new destinations. A restart in Diesel mode. Like airlines rather than trains. From the summer of 2022, the SNCF recorded record attendance on its TGV and Intercités trains (23 … Read more

Orange announces withdrawal from New York Stock Exchange

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Orange announces withdrawal from New York Stock Exchange

The French telecommunications giant tries to reassure customers and partners about this step which is only aimed at “improving the internal workings” of the company. Thunderclap on the New York Stock Exchange. The French telecommunications giant Orange announced on Wednesday that it plans to withdraw from the New York Stock Exchange (NYSE), a decision made … Read more

US Office Real Estate Crisis: Only Two New Skyscrapers Inaugurated in New York by 2025

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US Office Real Estate Crisis: Only Two New Skyscrapers Inaugurated in New York by 2025

In New York, for the first time in decades, only two new skyscrapers will be inaugurated by the end of 2025. Reuben Teo Jia Chyau/ReubenTeo – stock.adobe.com DECRYPTION – Employees’ refusal to return to the traditional way of working prior to the Covid pandemic persists. For the US office real estate market, the prospects for … Read more

Kering’s Acquisition of 10,700 Square Meter Building on 5th Avenue in New York for 963 million dollars

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Kering’s Acquisition of 10,700 Square Meter Building on 5th Avenue in New York for 963 million dollars

By Le Figaro with AFP Published 2 hours ago, Updated 10 minutes ago Kering’s investment is estimated at 885 million euros. ERIC PIERMONT / AFP The French luxury group has acquired a 10,700 square meter building, described as a “new step in (its) selective real estate strategy”. The French luxury group Kering announced this Monday … Read more