(CercleFinance.com) – The CAC40 ends up close to the day’s lows, down -4% to 5.792 after registering a floor at 5.765, a intraday low since December 4, the index having closed at 5.786, 7 on December 2. The CAC 40 drops by almost -250 pts, support for 5.870 is pulverized, the index has lost more … Read more
The Californian bank was accused of having opened millions of bank accounts in the name of customers from 2002 to 2016, without warning them. –The fictitious accounts scandal, along with other illegal business practices, has severely tarnished the bank’s reputation. xx The fake bank accounts created by Wells Fargo bank will have cost him dearly. … Read more
Cash flow recovery, confirmation of a 2020 forecast higher than the market … Valeo wants to regain the confidence of investors, despite a still delicate context for the automotive sector. The big unknown remains the impact of the coronavirus, the equipment supplier being very dependent on its production in China. Explanations from Jacques Aschenbroich, Chairman … Read more
We had luxury and the automobile, now it is tech that is paying the price for the coronavirus. Apple’s warning shows its double vulnerability: its factories in China are shut down, and its sales in the country are plummeting. Chinese consumption, the other cause for concern with this epidemic. What are the other sectors at … Read more
The aircraft concerned, the number of which has not been specified, are aircraft not delivered and stored by the manufacturer. Through Le Figaro with AFP –The entire 737 MAX fleet has been grounded for almost a year following two fatal crashes. DAVID RYDER / AFP Boeing plans to tighten controls on the 737 MAX not … Read more
The Hague Court of Appeal confirmed on appeal the conviction of the Russian Federation to compensate the ex-shareholders of the former Russian oil group, now dismantled. Through Le Figaro with AFP –Mikhail Khodorkovsky, former boss of the Yukos group, is now in exile in London. AFP A Dutch court on Tuesday confirmed on appeal Russia’s … Read more
(CercleFinance.com) – The Paris Stock Exchange is expected to cash in a sharp decline Tuesday morning pending the reopening of Wall Street after the long weekend of Washington’s Birthday and in the wake of the Asian markets, which all lost ground overnight after Apple’s warning. Around 8:15 am, the future contract on the CAC 40 … Read more
(CercleFinance.com) – Novacyt announces that its molecular diagnostic division, Primerdesign, has launched its CE-Mark molecular test for the clinical detection of the new coronavirus (COVID-19). Directors say Primerdesign’s COVID-19 test is the first CE-Mark test for the 2019 strain of the new coronavirus and follows the company’s rapid launch of its single-use research coronavirus (RUO) … Read more
Alstom specifies that no definitive agreement has been concluded with Bombardier, but that the public will be informed of any significant development on this subject. Through Le Figaro with Reuters –Alstom confirmed on Monday that discussions are underway on a potential acquisition of the Canadian Bombardier’s railway operations. REUTERS / Regis Duvignau Alstom confirmed on … Read more
While there are still questions about whether the peak of the coronavirus epidemic has been reached in China, and factories are idling (when they are not always closed), the entire economic world begins to measure the damage. But a sector seems very fragile and it is not necessarily what we believe: it is not tech … Read more