SMCP moves closer to pre-crisis sales, driven by US and Asia

SMCP moves closer to pre-crisis sales, driven by US and Asia

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

German economy in slow motion, puzzle of the future government

German economy in slow motion, puzzle of the future government

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

American diplomacy wants to strengthen itself in the face of increasing cyberattacks

American diplomacy wants to strengthen itself in the face of increasing cyberattacks

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

Russia warned Germany against testing the reliability of its army

Russia warned Germany against testing the reliability of its army

Фото: twitter.com / @MID_RF Maria Zakharova criticized the statement of the Minister of Defense of Germany – – The Russian Foreign Ministry criticized the statement of the German Defense Minister, who said that NATO must show its readiness to use its armed forces against Russia. The Russian Foreign Ministry expressed the hope that there will … Read more

in the United States, companies are struggling to recruit

in the United States, companies are struggling to recruit

AFP, published on Sunday, October 24, 2021 at 12:45 p.m. To run his newly opened beer tasting room in New York State, Peter Chekijian has no choice: his key employees usually work seven days a week. He struggles to recruit staff to relieve them. And the brewery’s vats are still not working, for lack of … Read more

asset purchases soon reduced, but “premature” to raise interest rates

asset purchases soon reduced, but “premature” to raise interest rates

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 bank Halkbank may well be sued in the United States

Turkish bank Halkbank may well be sued in the United States

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

Amazon facing a new unionization attempt in the United States

Amazon facing a new unionization attempt in the United States

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 continue to decline

weekly jobless claims continue to decline

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

rising wages to attract workers, “a good thing”, says Yellen

rising wages to attract workers, “a good thing”, says Yellen

AFP, published on Wednesday, October 20, 2021 at 6:45 p.m. Small American companies will undoubtedly have to increase wages to attract labor, in the face of competition from large groups, and this is “a good thing for workers,” Treasury Secretary Janet Yellen said on Wednesday. “They may have to pay more, (…) but it’s a … Read more