China’s Economic Tensions and the Rise of Global Manufacturing Shift: Insights and Analysis

2023-09-03 16:27:48 “Faced with economic tensions that would call into question the social contract, President Xi Jinping could play the card of galvanized nationalism”, points out Elvire Fabry, expert in geopolitics of trade at the Jacques Delors Institute. ALET PRETORIUS/REUTERS DECRYPTION – India, Vietnam, Thailand or even Malaysia and Mexico… So many countries that host … Read more

German Automakers Caught in the Electric Offensive: Tesla and Chinese Rivals Outshine in China Market

2023-09-03 17:37:14 From left to right: German premium brands Mercedes, BMW and Audi. Today, no German brand is in the top 10 sales of electrified vehicles in China. Adobe Stock They make a third of their global sales there. But they are caught between Tesla and their Chinese rivals, on the electric offensive. The German … Read more

Executive Director Rami Baitieh’s Departure: The Impact on Carrefour’s Hypermarkets and Future Success

2023-09-01 16:25:47 Executive Director France of the Carrefour group since June 2020, Rami Baitieh has announced his departure. PASCAL GUYOT/AFP Executive director of the group since 2020, Rami Baitieh had succeeded in relaunching the French Carrefour hypermarkets. He has just left his post. Hard blow for Carrefour. The distributor announced Thursday evening the surprise departure … Read more

Federal Investigation into Tesla’s Use of Funds for Elon Musk’s Personal Project

2023-08-30 21:36:15 By Le Figaro with AFP Posted yesterday at 23:36, Updated yesterday at 23:37 Tesla boss Elon Musk. GONZALO FUENTES / REUTERS According to the Wall Street Journal, justice demanded “information on personal benefits paid to Elon Musk, on the amount spent by Tesla on this project (…) and on its future use”. US … Read more

Crisis in Chinese Real Estate: Implications for World Economy and Country Garden

2023-08-25 09:30:00 By Le Figaro with AFP Posted 1 hour ago, Updated 10 minutes ago ” data-script=” > The situation of the Chinese real estate giant could have catastrophic consequences for the second world economy. Country Garden, one of China’s biggest debt-ridden property developers, is negotiating with its creditors on Friday to reschedule its repayments … Read more

Latest Updates on France’s Covid Vaccination Campaign: Pfizer Vaccine Availability and Effective against New Variant Eris

2023-08-18 12:35:05 By Marie Bartnik Posted 3 hours ago, Updated 2 hours ago The vaccination campaign will begin in October. Blair Gable/REUTERS The vaccination campaign against covid will start in France in mid-October. Only the Pfizer vaccine will be available there. The start of the school year has not yet started and the covid has … Read more

UBS Reaches $1.45 Billion Settlement for Fraud Lawsuits Linked to 2008 Financial Crisis

2023-08-14 18:03:06 By Le Figaro with AFP Published yesterday at 20:03, Updated yesterday at 21:08 UBS, first bank in Switzerland. Arnd Wiegmann / REUTERS This agreement with the American justice will allow to close civil lawsuits for fraud related to the sale of toxic financial products, at the origin of the financial crisis of 2008. … Read more

The Great 78 Project: Safeguarding Musical Heritage or Large-Scale Theft?

2023-08-13 17:58:51 By Chloe Woitier Posted 1 minute ago, Updated 1 minute ago This complaint comes three months after four major publishing groups won in the first instance against another Internet Archive initiative. BrAt82 – stock.adobe.com The complaint cites 2749 recordings as an example and considers the argument of safeguarding the musical heritage to be … Read more