France Launches €5 Billion Scheme to Boost Wine Exports to U.S. Ahead of Proposed Tariffs In a decisive move to shield its wine and spirits industry from impending U.S. tariffs, France has unveiled a €5 billion export credit scheme, recently approved by the European Commission. This initiative aims to expedite shipments to the United States […]
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Video Games: Nintendo’s net profit plunged by nearly 50% last year. The brand is counting on the Switch 2, marketed from June 5th, to recover Will the Switch 2 manage to revive Nintendo? The giant Japanese video game company Nintendo announced on Thursday a plunge of 43.2% of its net profit on its staggered 2024-2025 completed at […]
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As part of a restructuring plan, Auchan Group announced the closure of 25 of its supermarkets in Spain – under the name Alcampo. The distributor Auchan announced Thursday 8th May 2025 the closure of 25 Of its supermarkets in Spain as part of a restructuring plan. This same plan will result in more than 700 job cuts, […]
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The gloomy weather of the year 2024 boosted sales in the household appliance sector, especially Air Fryers, dryers and radiators Les sales of mobile radiators or dryers surged in 2024, particularly wet year in France, which did not deny the adage according to which the market of the’ household appliance is dependent on the weather. The […]
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PURCHASING POWER: We’re laughing – Bruno Le Maire, doesn’t really put this option on the table The essential This Wednesday is a day of celebration for state finances: TVA is celebrating its 70th anniversary. By dint of coming across it on every street corner (and every expense), you may no longer realize it, but it […]
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BUSINESS: Record rains for a month are sinking tourist consumption in Paris For nearly a month, capricious weather has been beating down on Paris as on the entire northern part of the country, somewhat spoiling the holidays of the many tourists in the capital. This situation that does not help the business of traders who are […]
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PURCHASING POWER: Unlike the monetary poverty rate, the deprivation rate is based on households giving up certain products or services. 4%. Thursday, INSEE indicated that the rate of “material and social deprivation” affects 14% of the population of France. Unlike monetary poverty rates, which are based on household income, the deprivation rate is calculated on the basis of households […]
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STREAMING: As a result, the California group Netflix made $1.5 billion in net profit from April to June The twist on password sharing has paid off. Netflix now has more than 238 million subscribers, with 5.89 million added in the second quarter, an unexpected jump for the streaming platform. The Californian group, which is currently undergoing, like its competitors, […]
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AUTO: “The house is on fire,” said the CEO of VW during a speech to some 2,000 managers of the brand, who are asked to make drastic savings. Europe’s biggest brand is clearly not in its best shape. This is in any case what emerges from the meeting between Thomas Schäfer, big boss of the Volkswagen brand (not to […]
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PRICE INCREASE: This electricity increase concerns customers “connected to a meter with a power of up to 36 kilovolt-amperes”, i.e. households, craftsmen, small businesses and craftsmen The government announced on Tuesday a 10% increase in regulated electricity prices on the 1st August, due to a gradual reduction in the price shield put in place for two winters. This […]
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