U.S. Consumer Confidence Surges to Four-Month High, Exceeding Expectations

U.S. Consumer Confidence Surges to Four-Month High, Exceeding Expectations

U.S. consumer confidence improved significantly more than expected in June, hitting a four-month high as households showed signs of relief from slowing inflation and post-resolution of the dispute over the debt ceiling at the beginning of the month. The index measuring this confidence rose 8.8% from May to 64.4 points, according to final results released … Read more

The Controversy Surrounding the Floating LNG Terminal Project in Le Havre: A Hearing at the Rouen Administrative Court

The Controversy Surrounding the Floating LNG Terminal Project in Le Havre: A Hearing at the Rouen Administrative Court

A hearing will take place on July 6 before the Rouen administrative court, seized by France Nature Environnement (FNE) of two appeals against a floating LNG terminal project in Le Havre, we learned from the court on Wednesday. In the context of heightened tensions over energy since the start of the war in Ukraine in … Read more

Consumer Confidence in the United States Surges in June, Exceeding Expectations

Consumer Confidence in the United States Surges in June, Exceeding Expectations

Consumer confidence in the United States rose again in June, much more than expected, after falling the previous month to its lowest level since November, with current conditions looking better than before, according to the published index. Tuesday by the Conference Board. The general index rose to 109.7 points, that of May being revised slightly … Read more

GSK Reaches Confidential Settlement in Zantac Cancer Lawsuit

GSK Reaches Confidential Settlement in Zantac Cancer Lawsuit

GSK Stock Price Boosted by Amicable Settlement in Zantac Cancer Lawsuit British pharmaceutical giant GSK experienced a significant boost in its stock price on Friday morning following the announcement of an amicable settlement in a California lawsuit related to its heartburn drug, Zantac. The drug has been accused by patients of contributing to their cancer. … Read more

$ 500 million fine for tax evasion

$ 500 million fine for tax evasion

Russian billionaire Oleg Tinkov, founder of online bank Tinkoff, has paid more than $ 500 million after being found guilty of tax evasion in the United States, the US Department of Justice announced on Friday (October 29th). Oleg Tinkov, who pleaded guilty on October 1, was sentenced to one year on probation and paid $ … Read more

hundreds of flights canceled to deal with sporadic Covid outbreaks

hundreds of flights canceled to deal with sporadic Covid outbreaks

Beijing airports on Friday canceled hundreds of flights and travel conditions were tightened across China to fight the emergence of outbreaks of Covid-19. The country, where the coronavirus appeared at the end of 2019, has largely controlled the epidemic from the spring of 2020 with the adoption of drastic measures, including the closure of borders. … Read more

household income fell more than expected in September

household income fell more than expected in September

U.S. household incomes fell 1% in September, due to the expiration of more generous unemployment benefits that had been paid since the start of the pandemic, according to data released Friday by the Commerce Department. Read alsoUSA: budget deficit narrows in 2021, to $ 2.772 billion This decline is stronger than expected, since analysts were … Read more

New York area manufacturing activity slows sharply in August

New York area manufacturing activity slows sharply in August

Growth in manufacturing activity in the New York area stalled in August, slowing sharply after a record pace in July, but industrialists in the region remain optimistic about the months ahead. Read alsoOutbrain goes public on the New York Stock Exchange The index measuring this activity fell 25 points to 18.3 points, according to the … Read more