By Le Figaro with AFP Published 2 hours ago, Updated 10 minutes ago Kering’s investment is estimated at 885 million euros. ERIC PIERMONT / AFP The French luxury group has acquired a 10,700 square meter building, described as a “new step in (its) selective real estate strategy”. The French luxury group Kering announced this Monday … Read more
The Française des Jeux logo FDJ launched a takeover bid on the online gaming group Kindred Group on Monday, an operation at the end of which the French group aims to become the European number two in the sector. FDJ says it is offering 130 Swedish crowns per share, valuing Kindred at 2.6 billion euros. … Read more
(Added investor quote to paragraph 3 and analyst quote to last paragraph) Big U.S. banks reported falling profits Friday in a choppy fourth quarter clouded by special charges and job cuts, with signs that rising revenue from high interest rates is slowing. is fading and some consumer loans are starting to sour. Nonetheless, JPMorgan JPM.N … Read more
“This will save certain companies,” underlined the minister. Bruno Le Maire in Paris, December 20, 2023. (AFP / LUDOVIC MARIN) Companies that benefited from a state-guaranteed loan during the pandemic will be able to reschedule them until December 31, 2026, the Ministry of the Economy announced on Sunday January 7. “This will save some businesses. … Read more
(Adds details to paragraphs 8-9) by Francesca Landini Enel ENEI.MI has completed the sale of a portfolio of renewable assets in the United States to Ormat Technologies ORA.N for $271 million, Italy’s largest power company said on Thursday. The operation, announced last year, is part of the group’s efforts to reduce its debt and rationalize … Read more
By Le Figaro with AFP Published yesterday at 07:11, Updated yesterday at 09:26 At the end of November, BNP Paribas Personal Finance (BNPPF) was found guilty on appeal of deceptive commercial practices and concealment, for having concealed the risks of its Swiss franc loan Helvet Immo Florence Piot / stock.adobe.com The French bank found an … Read more
It’s time to reach a consensus. Following his conviction on appeal at the end of November in the Helvet Immo case, BNP Paribas found an amicable solution with the CLCV consumer association, which could cost between 400 and 600 million euros. The consumer protection association Consumption, Housing and Environment (CLCV) “found, at the proposal of … Read more
Karim Benzema will miss his team’s next game for personal reasons The Benzema case. Nothing seems to be going well at the moment for Karim Benzema, increasingly criticized in Saudi Arabia, where his attitude is debated, while his team has just been slapped by that of Cristiano Ronaldo. Difficult, however, to know what is really … Read more
PSG will play the Club World Cup in 2025 Thanks Sky Sports for the spoilers. Unveiled in broad terms this Sunday by Sky Sports, the format of the new Club World Cup was made official in the afternoon by FIFA. Every 4 years, 32 teams will compete in June and July in a competition modeled … Read more
Man City held in check by Crystal Palace, Chelsea and Newcastle ensure par Sebastien Salpietro (iDalgo) Manchester City still loses valuable points in the title race after their draw against Crystal Palace (2-2) this afternoon. However, the Skyblues made the break just before the hour mark thanks to goals from Grealish and Lewis. But the … Read more