“We must ensure Europe’s digital sovereignty”

INTERVIEW – The European Commissioner for the Internal Market, details his ambitions for European space policy. By Véronique Guillermard– –“In addition to our high-quality broadband terrestrial networks, satellite constellations will strengthen the strategic autonomy of our connectivity infrastructure”, says Thierry Breton. François BOUCHON / Le Figaro LE FIGARO. – Germany took over the EU presidency … Read more

Justifying state aid to firing companies, a headache for the executive

DECRYPTION – The government does not condition the assistance it provides to businesses victims of the crisis to the absence of job cuts. But he calls on these large groups to be vigilant in terms of communication. –Airbus is the third group in which the State is a shareholder to announce a restructuring. BENOIT TESSIER … Read more

Visa and Mastercard, the American giants of the banking transaction that make Europe salivate

An ECB-supported project aims to create a new European payment acceptance system. The challenge is colossal. By Louis Heidsieck –The number of transactions made by international operators more than doubled between 2009 and 2016. De Theethawat Bootmata/ Shutterstock The experience can be replicated everywhere, at little cost: open your wallet and take out your bank … Read more

Steel industry: six buyers for Hayange

According to our information, Bristish Steel, owned by the Chinese Jingye, Liberty Steel, owned by the Anglo-Indian billionaire Sanjeev Gupta, ArcelorMittal or the Greybull fund (owner of Ascoval) are interested. –The Hayange factory. PATRICK HERTZOG/AFP This Monday, the CSE of the Hayange factory will examine the takeover offers for this Moselle site which manufactures rails. … Read more

China’s Luckin Coffee forced to leave Nasdaq

The rival in China of the American giant Starbucks announced on Saturday its withdrawal from the Nasdaq, after a massive fraud case which caused a lot of noise. –Luckin Coffee announced its withdrawal from Nasdaq a year after its fanfare on the US Stock Exchange. NO ZHAO / AFP It’s the end of the American … Read more

New slimming diet at Sanofi

pharmacy « Play to win. In presenting his roadmap in early December, Paul Hudson, the new CEO of Sanofi, had warned that it would require a “ reset ”(Reset) of the company. The laboratory unveiled the social aspect on Friday: it will result in 1,700 job cuts in Europe over three years. France is the … Read more

L’Oréal removes the words “white”, “whitening” and “clear” from its products

This decision comes in a global context of anti-racist demonstrations. By Le Figaro with AFP –L’Oréal is added to the list of companies that are transforming their marketing strategy Ty Lim /Shutterstock The group L’Oréal decided to remove certain words, such as “white” or «whitening», the description of its cosmetic products on its packaging, in … Read more

no return to normal before 2023 to 2025

On the occasion of the reopening of Orly airport on Friday, the CEO of the ADP group, Augustin de Romanet, expressed his wish to see traffic resume. Only 74 flights are planned today, against 600 usually, and the recovery will only be very gradual: in July, only 200 daily flights are planned, a minor part … Read more

Microsoft to Close Nearly All of Its Stores Worldwide

Some were temporarily closed due to a pandemic, they will not reopen for lack of an economic model: Microsoft announced on Friday that it would close almost all of its stores worldwide, most of its sales being now made on the internet . “Our sales have grown online as our product catalog has expanded with … Read more

The state flies to the rescue of Europcar

After helping Fnac Darty and announcing a 7 billion euro Air France rescue plan, the government is now flying to the rescue of Europcar. The car rental company, which has its headquarters in France, announced Sunday that it would benefit from 220 million euros in bank loans guaranteed by the State at 90%. Twelve banks … Read more