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Daily Archives
January 28, 2022
Shares of the American trading platform Robinhood fell 6.45 percent during trading on January 27 and continue to fall in premarket trading on January 28, according to data NASDAQ. As of this writing, the paper is losing 14.3 percent.
The decline in value comes following the company posted a fourth-quarter loss of $423 million. Archyde.com: The results were worse than analysts’ expectations.
Total revenue was $363 million, up from $318 million a year earlier. The company’s expenses grew by 162 percent year-on-year, which contributed to significant losses.
The company’s chief financial officer noted that it is possible that Robinhood will be able to become profitable in 2022, but he considers 2023 to be more likely, given the market situation and the launch of new products.
Crisis in Ukraine: “There is a risk of invasion” by Russia, says Jean-Yves Le Drian
written by Alexandra Hartman Editor-in-Chief
“We must not hide it, the situation is very serious”. Foreign Minister Jean-Yves Le Drian returned to RTL’s microphone on Friday on the growing tensions between Washington and Moscow over Ukraine. While tens of thousands of Russian soldiers are massed on the Ukrainian border, “there is a real risk of invasion” from Moscow, insisted the minister.
“We have faced this crisis with three basic principles: firmness, a desire for dialogue and solidarity between us”, he continued, recalling the importance of the meeting scheduled for this Friday morning between Vladimir Putin and Emmanuel Macron. “We are ready to consult with Russia, but it still takes two to be able to do it,” he noted.
“The ball is on Putin’s side”, judged Jean-Yves Le Drian, recalling certain statements by the Russian president “extremely strong”. “Russia wants to develop the concept of limited sovereignty (with Ukraine). However, Ukraine considers that it is sovereign autonomous, and we support it,” the minister stressed. Thus, “any attack on the integrity of Ukraine will generate massive repercussions for all Europeans and the transatlantic whole”, warned Jean-Yves Le Drian, even if “for the moment, we believe that dialogue can still develop”.
Hundreds of thousands of Russian soldiers at the border
Some 100,000 Russian soldiers have been camping on the Ukrainian border with their armored vehicles since the end of 2021. Russia denies any plans for an invasion, but considers itself threatened by the expansion of NATO as well as by Western support for its Ukrainian neighbor. She demanded the formal end to the enlargement of the Atlantic Alliance, in particular to Ukraine, and a return to Western military deployments at the 1997 borders.
For their part, the United States and NATO, unsurprisingly, formally rejected these key demands from Moscow on Wednesday, while once more opening the door to negotiations on reciprocal limits on the deployment of short and medium-range missiles from two rival nuclear powers in Europe. The West therefore continues to put pressure on Russia, which has shown itself to be reserved, to say the least, following the responses to its demands to break the current impasse.
Posted Jan 28, 2022, 11:27 AMUpdated on Jan 28, 2022 at 11:49
Unsurprisingly, the board of directors of Orange has chosen Christel Heydemann to become the group’s general manager, announced the current CEO, Stéphane Richard, in a message posted on Twitter. Aged 47, polytechnician, Christel Heydemann, already administrator of the group, will replace Stéphane Richard as general manager in early April, said a spokesperson for Orange. The State, which retains control of the main appointments in the governance of Orange thanks to its 23% stake, had supported its candidacy once morest those of Frank Boulben, one of the leaders of the American group Verizon, and Ramon Fernandez, the financial director of Orange.
Orange also announced that Stéphane Richard will continue, upon the arrival of the new CEO, to act as non-executive chairman – until the arrival of a new chairman and at the latest until May 19 2022, date of the group’s AGM.
Very happy to welcome Christel Heydemann, future CEO of Orange. A woman whose professional and human qualities will enable her to meet the challenges facing the Group, relying on our main asset: our teams, all over the world.
– Stéphane Richard (ricsrichard) January 28, 2022
Stéphane Richard, whose mandate as CEO was due to expire next May, submitted his resignation in November following his conviction on appeal to a one-year suspended prison sentence and a fine of 50,000 euros in the arbitration case between Bernard Tapie and Crédit Lyonnais, following having spent eleven years at the head of the company. Stéphane Richard, who at the time of the charges, in 2008, was chief of staff to the Minister of the Economy Christine Lagarde, denounced unfounded accusations and announced his intention to appeal to the Court of Cassation.
Experienced in the telecom sector
Christel Heydemann is a polytechnician broken in the telecoms sector who comes to feminize a little more the CAC 40, strong of fifteen years spent at Alcatel-Lucent. Also a graduate of the Ecole des Ponts et Chaussées, she had climbed all the levels of Schneider Electric since her arrival in 2014 at the French giant of equipment and solutions for energy, to the position of president of the group in France then director for Europe. Christel Heydemann had also already been a member of the board of directors of Orange since 2017.
With her appointment at the head of the group, she becomes the second woman to lead a CAC 40 company, along with the general manager of Engie, Catherine MacGregor. From July 1, the two leaders will be joined in this still very closed circle by Estelle Brachlianoff, who will become Chief Executive Officer of Veolia.
President of Gimélec (group of companies in the French digital electronics sector), Christel Heydemann is also a member of the National Council for Industry. This mother of two, experienced in social dialogue, had also co-piloted until June 2021 a government mission on the development of parental leave and the reconciliation of professional and family time, with sociologist Julien Damon.
With agencies