UK House Prices Experience Steepest Decline in 15 Years, Mortgage Rates Soar

2023-09-07 12:25:35 By Le Figaro with AFP Just Posted, Just Updated However, prices are still around 17% higher than their pre-Covid-19 levels. Mark Cosgrove/News Images/PANORAMIC UK house prices fell in August at the fastest pace in nearly 15 years, weighed down by soaring mortgage rates in the face of persistently high inflation, research shows. Halifax … Read more

Superdry’s Shares Plummet 16% as Disappointing Results and Forecasts Hit Investor Confidence

2023-09-04 17:18:49 British clothing brand Superdry’s shares fell 16% on the London Stock Exchange on Monday for its return to trading, after the publication of results fell largely into the red and disappointing forecasts. The stock lost 16% to end at 47.00 pence. Superdry’s shares had been suspended in London on Wednesday after it announced … Read more

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

Reducing Flights at Amsterdam-Schiphol: Dutch Government’s Decision Sparks Controversy

2023-09-01 14:52:29 The resigning Dutch government announced on Friday that it was continuing its plans to reduce the number of flights at Amsterdam-Schiphol airport despite the challenge from the aviation sector which described the decision as “incomprehensible» et «arbitrary». The maximum number of flights per year could increase from 500,000 to 452,500 from November 2024, … Read more

Superdry Clothing Brand Faces Heavy Losses and Stock Suspension: Find Out Why

2023-09-01 10:29:24 The clothing brand, already suspended on the stock market on Wednesday, announces that it has fallen heavily into the red. The clothing brand Superdry, whose action was suspended on Wednesday in London due to a delay in the publication of its annual accounts, finally disclosed its results on Friday, announcing that it had … Read more

Inflation in Switzerland Stabilizes at 1.6%: Latest Updates and Insights

2023-09-01 07:29:58 Inflation in Switzerland stabilized at 1.6% year on year in August, the Federal Statistical Office (FSO) announced on Friday, remaining in the zone targeted by the Swiss central bank for the third month of inflation. in a row. Over one year, the prices of imported products fell by 0.3% under the effect of … Read more