Alibaba minimizes its giant fine, the action soars

Alibaba minimizes its giant fine, the action soars

Chinese e-commerce giant Alibaba on Monday put into perspective the consequences of its giant fine of 2.3 billion euros for abuse of dominant position, while its shares soared on the Hong Kong Stock Exchange, with the hope that a page has been turned. Read also :E-commerce: Alibaba “in very good shape”, despite pressure from Beijing … Read more

the British Chancellor of the Exchequer in the crosshairs

the British Chancellor of the Exchequer in the crosshairs

The British Chancellor of the Exchequer found himself in the crosshairs on Friday, accused by the opposition of having violated the “ministerial rulesAnd granted preferential treatment to the bankrupt financial firm Greensill, through ex-Prime Minister David Cameron. Read also :The fall of Greensill, financial house of cards The UK Treasury released several messages sent last … Read more

The online car seller Cazoo on the New York Stock Exchange via a SPAC

The online car seller Cazoo on the New York Stock Exchange via a SPAC

British online used car seller Cazoo on Monday announced its initial public offering in New York, at a valuation of $ 7 billion, using a SPAC, a listed vehicle which is on the rise in the markets . Read also :The bill is lighter on the stock market for savers Cazoo’s choice to list on … Read more

good weather and a strong dollar depress grain prices

good weather and a strong dollar depress grain prices

Wheat, corn and soybean contract prices all ended lower Thursday in Chicago as weather conditions favor crops and the strong dollar weighed on prices. Read also :IMF reports “progress” in talks with Argentina The price of wheat pulled down, “While the rains in the Great Plains (in the center of the country) were beneficial to … Read more

London wants to authorize new oil drilling in the North Sea

London wants to authorize new oil drilling in the North Sea

The British government announced on Wednesday that it wanted to authorize new oil and gas drilling in the North Sea, which is going badly with NGOs a few months before the United Kingdom’s organization of COP26. The announcement comes as part of an agreement unveiled Wednesday with the hydrocarbons sector on the energy transition in … Read more

New York’s manufacturing activity hits eight-month high in March

good weather and a strong dollar depress grain prices

Manufacturing activity in the New York area improved more than expected in March, climbing to its highest level since July 2020, according to the Empire State monthly indicator released by the Fed on Monday. The index measuring general business conditions stood at 17.4 points (+5.3 points compared to February), more than the 15 points expected … Read more

complaint in Germany against ECB aid

complaint in Germany against ECB aid

A group of sixteen businessmen and academics said Thursday they had appealed to the German Constitutional Court against the emergency program launched in March 2020 by the European Central Bank in response to the Covid-19 pandemic. Read also :The ECB keeps its key rates unchanged This aid, taking the form of massive debt buybacks, mainly … Read more

The Grand Paris metro will be built, assures the future boss of the SGP

good weather and a strong dollar depress grain prices

The Grand Paris metro project, under construction around the capital, “Will go to the end”, assured this Tuesday Jean-François Monteils, candidate nominated by the executive to lead the Société du Grand Paris (SGP) which is building the work. Read also :Grand Paris metro: four years before its inauguration, Ile-de-France residents can already discover it “This … Read more

TikTok ignites in front of New York’s ‘worst apartment’

TikTok ignites in front of New York’s ‘worst apartment’

A video supposed to present the “worst apartment ever»In New York – a small room rented for 1650 dollars – ignited the social network TikTok, where it was seen 21 million times. With the bathroom and the toilets on the landing, the potential tenant will only be able to enjoy a small closet in the … Read more

in good shape thanks to the virus, Eurofins remains optimistic

good weather and a strong dollar depress grain prices

Eurofins Scientific, French giant of analysis laboratories, saw its net profit almost triple in 2020 thanks to strong activity linked to the Covid-19 pandemic, he announced on Monday, confirming his optimism for the coming period . Read also :PCR tests, gas … What changes on March 1st Last year, Eurofins posted a profit of 539 … Read more