Latest Finance news and the economy of France
TAXATION: The French, households as well as businesses, have paid more taxes than they have ever done for 30 years. The French, households as well as businesses, have paid more taxes than they have ever done for 30 years. Mandatory tax levies in 2022 reached 45.2% of GDP in 2022, i.e. 0.9 points more than in […]
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CLOTHING: In a press release, Celio France underlined its desire to “revive this iconic French brand, known and loved by several million women” thanks to its “expertise” 1.8 million euros. This is the amount for which the men’s ready-to-wear brand Celio bought the Camaïeu brand on Wednesday. The takeover took place during an auction near Lille, its president displaying the […]
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CONSUMPTION: Manufacturer of petrol pumps, electric and hydrogen charging stations, the Madic group is preparing to supply an energy mix for the vehicles of tomorrow After half a century of activity in the oil industry, the Madic group is preparing for the energy transition with the production of a range of charging stations for electric vehicles […]
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TECHNOLOGY: The engineers of the two groups will work on the creation of a new generation of batteries which will be able to double the density of stored energy by 2030 Airbus and Renault have just signed an agreement to develop the battery of the future Their engineers will work together to double the energy […]
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BAD EFFECTS: Swati Dhingra, a member of the Bank’s Monetary Policy Committee, says Brexit has ‘contributed to higher prices and lower incomes’ The British are not done suffering the effects of Brexit . Six years after the vote on leaving the European Union, and almost two years after it actually came into force, this decision continues to have a […]
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PORTRAIT: The bankruptcy of the cryptocurrency exchange platform, FTX sends shock waves throughout the sector, and its young founder finds himself in the crosshairs of justice It is an earthquake with endless aftershocks. The fall of crypto empire FTX , which went bankrupt last Friday after running out of cash, raises fears of a long-lasting nuclear winter for a […]
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FUEL PRICES: Petrol stations out of fuel were much more numerous on Monday than at the end of October, two days before the drop in rebates from the State and TotalEnergies Soon the end of discounts. petrol stations out of fuel were much more numerous on Monday than at the end of October, particularly in Auvergne-Rhône-Alpes and Ile-de-France, […]
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NO RESCUE: Binance boss says FTX asked him for help due to ‘significant liquidity crisis’ The hope of rescue will have fizzled. The Binance cryptocurrency platform, which announced on Tuesday that it was considering buying FTX.com to help it out of serious difficulties, indicated on Wednesday that it was finally abandoning the transaction. After conducting an audit […]
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This rebound in inflation would be due to the acceleration in the prices of energy, food, and manufactured goods. Unheard of since June 1985. The rise in consumer prices in France accelerated again in October, to 6.2% over one year, after two months of slowdown, according to provisional data published this Friday by INSEE. This […]
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MOBILITY: The scheme would come in addition to the conversion bonus and the ecological bonus enabling more people to have access to an electric car During his first major campaign speech this Thursday in Seine-Saint-Denis, candidate Macron proposed the establishment of leasing aid for electric cars. Details of the measure were given over the weekend, reports BFMTV. This system […]
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