Latest Finance news and the economy of France
RETAIL STORES: The rules of the new confinement are less strict than in the spring, at least for the moment Fnac-Darty has decided to keep its stores open in France during the reconfinement decided by the executive, relying on the exemption granted to certain stores to meet the needs of teleworking employees, we learned from the group on Friday. […]
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Florists have been given permission to stay open until Sunday evening, All Saints Day. The government spokesperson confirmed this morning. They are not part of the business called “essential.” However, florists will be able to stay open a little longer than bars or restaurants, for example. After the announcement of a new confinement by Emmanuel Macron, Wednesday 28th October 2020, businesses considered “non-essential” are forced […]
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A year ago, Normal, a Danish chain of discount stores already present in four countries, landed in France, where it now has more than ten stores. And it’s not over. “Normal items. Abnormal prices. This is the slogan of the Danish store chain Normal, which landed in France in 2019 and is pursuing ambitious development. With 11 stores established in one […]
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DIPLOMACY: London calls for “fundamental change of approach” from Europeans on Brexit trade negotiations The standoff between the European Union and the United Kingdom continues. “We will not have a new approach”, declared Clément Beaune before the European Affairs Committee of the National Assembly. He thus clearly rejected a demand by Prime Minister Boris Johnson regarding post- Brexit negotiations. The head of the […]
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ECONOMIC CRISIS: These equity loans, announced by Bruno Le Maire, are intended for companies which have “real potential for a rebound, but which were penalised by a loss-making operation during the year” The Economy Minister Bruno Le Maire announced Monday that EUR 20 billion would be devoted to strengthening the equity capital of companies through equity loans distributed by banks that […]
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REPRISE: In the first quarter the GDP of China had collapsed by 6.8% While the economic crisis, a consequence of the coronavirus, shakes all the countries of the world, the figures from China give hope to the prospects of a rapid return to normal. The Chinese economy indeed experienced a rebound of 4.9% over one year in the third quarter, […]
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Faced with the discontent of associations, Jean Castex retropédale and announces that “400,000 young people” will benefit from this aid We know a little more about the help that the government will provide in the fight against poverty. Prime Minister Jean Castex announced that the aid of 150 euros unveiled this week for the most precarious people would […]
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After test restaurants in Toulon (Var) and Vélizy (Yvelines), the American fast-food chain, Carl’s Jr Burgers is targeting 120 openings in France in the next ten years. This is news that will delight lovers of fast food. After McDonald’s, Burger King, Five Guys and KFC, it is the turn of the Californian chain Carl’s Jr to come and establish […]
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ENERGY: Electricity transmission network (RTE) does not exclude targeted load shedding of households in the event of very cold winter The coronavirus crisis has disrupted the maintenance operations of the nuclear fleet. The summer made it possible to catch up to some extent, but RTE believes that the situation may still be tense. In the […]
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Based in Fougères in Ille-et-Vilaine, the Royer shoe group employs 750 people worldwide The clothing sector is currently in the midst of a storm with increasing social plans. The most recent could concern the Royer group, which specializes in the footwear trade. The group, based in Fougères (Ille-et-Vilaine) will thus initiate a restructuring plan which should lead to the elimination of some […]
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