stock market news

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

Roche Stock: Big Investment Boosts Germany’s Biotech Hub ()

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Roche Stock: Big Investment Boosts Germany’s Biotech Hub ()

Swiss pharmaceutical giant Roche is making a substantial commitment to Germany’s biotech sector with a €600 million investment in a state-of-the-art research production facility. The new facility, which will be built in Penzberg, Bavaria, south of Munich, will primarily manufacture diagnostic components including enzymes, antibodies, and nucleotides. The impressive facility, which will be built on … 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

Hypoport regions: strong on the way! ()

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Hypoport regions: strong on the way! ()

Hypoport SE remains strong in a challenging market environment. The highest value of the Fintech sector for the past year was 225.50 Euro. This positive development confirms the strength of the business model, which relies on digital platforms for credit, real estate and insurance markets. Despite the challenging economic environment, Hypoport is benefiting from the … 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

SR News first board meeting

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EANS-Adhoc: S&R Biogas Energiesysteme AG Resolution – first supervisory board meeting after the new appointment of the supervisory board of S&R Biogas Energiesysteme AGEANS-Adhoc: S&R Biogas Energiesysteme AG Resolution – first supervisory board meeting after the new appointment of the supervisory board of S&R Biogas Energiesysteme AG ————————————————–Ad hoc announcement according to Section 15 WpHG … Read more

JPMorgan shares: Strong quarter despite loan provisions ()

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JPMorgan shares: Strong quarter despite loan provisions ()

The largest US bank, JPMorgan Chase, made an impressive profit in the most recent quarter despite billions in provisions for bad loans. With a net profit of $12.9 billion, the financial institution significantly exceeded analysts’ expectations. This success is also reflected in the share price, which was quoted at EUR 202.88 on October 12th, representing … Read more