The textile group SMCP (Sandro, Maje and Claudie Pierlot), severely penalized in 2020 by the Covid, announced on Wednesday a turnover of 271.7 million euros in the third quarter, a decrease of 1% compared to third quarter 2019, before the health crisis. Sales are up 9.4% compared to the same period in 2020. Over the … Read more
Sluggish growth, private component factories, skyrocketing energy costs, the future of public spending: the new German government has not even taken office yet and economic challenges are already on its agenda. The outgoing government of Angela Merkel presents Wednesday, October 27 its new growth forecasts for 2021, expected significantly revised downwards compared to the estimates … Read more
US Secretary of State Antony Blinken on Monday, October 25, announced the creation of a cybersecurity department and envoy to strengthen US diplomacy in the face of these threats. “Challenges of the 21st century” against the backdrop of increasing attacks by hackers close to rival countries. “We will work with Congress to set up a … Read more
The American Central Bank (Fed) estimates that “The moment is near” to start reducing its asset purchases, but “premature” to raise key rates soon, its president said on Friday, 10 days before the next monetary meeting. Read alsoJay Powell, Fed boss in the sights of the Democratic left wing “As the time draws near to … Read more
Turkish public bank Halkbank, indicted in 2019 in the United States for circumventing US sanctions against Iran, may well be sued in the country, a New York appeals court ruled on Friday. Read alsoUS justice accuses Turkish bank Halkbank of fraud in connection with Iran The law granting some immunity to foreign nations before American … Read more
Workers at an Amazon warehouse in New York have taken to building a union, six months after a similar attempt in Alabama failed, and are already accusing the e-commerce giant of doing everything to dissuade their colleagues. Read alsoAmazon workers reject union creation At this stage, in the United States, no Amazon sorting and logistics … Read more
Weekly jobless claims in the United States continued to decline in mid-October, hitting a new low since the start of the pandemic, a sign that the economy is leaving behind the Delta wave of the virus. 290,000 new requests Between October 10 and 17, 290,000 people registered as unemployed to receive an allowance, 6,000 less … Read more
Europe and the United States concentrate 60% of global patents on plastic recycling or bioplastics, France being distinguished by its high level of specialization, associating public research, large groups and promising startups, indicates the European Office of patents (EPO) in a study Tuesday. Read alsoThe recycling race opens in the building «We see in the … Read more
US consumer confidence fell in October and fell below analysts’ expectations, according to the preliminary estimate of the University of Michigan survey released on Friday. Read alsoEnergy prices: how soaring prices are reflected, from world markets to consumers The index shows 71.4 points, against 72.8 points in September. Analysts expected consumer sentiment to rebound slightly … Read more
The US Competition Authority (FTC) has gone to war against bogus consumer reviews and other favorable but misleading comments that abound on business sites and on the internet. Read also“I needed the money”: how the black market for fake reviews is plaguing the Internet The FTC has issued a warning to 700 businesses in the … Read more