The European Union opens an investigation into a possible collusion between Casino and Intermarché

Competition: The European Union Opens an Investigation into a Possible Collusion between Casino and Intermarché

PRICES: Casino and Intermarché, which created a central purchasing office in November 2014, are suspected of having coordinated their pricing policies towards consumers Have Casino and Intermarché agreed on prices? The European Commission has opened an investigation, Monday, on possible collusion between the two major French distributors, violating the competition rules of the EU. Casino and Intermarché, which created a joint […]

Continue Reading
Airbus sells 300 aircraft to Indian company, one of the biggest contracts in its history

Airbus Sells 300 Aircraft to Indian Company, One of the Biggest Contracts in its History

JACKPOT: Airbus unveiled Tuesday a firm contract of 300 aircraft passed with a low-cost Indian company At the list price, the gigantic command “firm” unveiled on Tuesday by Airbus exceeds 33 billion dollars. The European aircraft manufacturer has just sold 300 aircraft at a time, the  A320neo, to the Indian low-cost company IndiGo. A contract that he describes as “one of the […]

Continue Reading
Payments on the Internet: The SMS to validate the purchases will disappear at the end of 2020

Payments on the Internet: The SMS to Validate the Purchases will Disappear at the End of 2020

SECURITY: The objective of the European Banking Authority is to reduce the number of frauds on online payments by credit card Starting in 2021, banks and merchants will no longer be able to offer SMS authentication for online payments . The European Banking Authority (EBA) has announced that it left until 31st December 2020 to set up a strong […]

Continue Reading
The overdraft is expensive if its ceiling is exceeded.

One in Five French People Exceeds Their Authorised Overdraft Every Month

If the trend is down, the French are still adept at the bank overdraft authorised, which concerns six people out of 10 every year. And this service continues to be expensive. More than one in five French people exceeds the limit of their overdraft allowed once a month. This is evident from a study conducted by the Panorabanques banking comparator. […]

Continue Reading
Paypal pulls out of Facebook Libra Crytocurrency project

Libra: PayPal Withdraws from Facebook’s Cryptocurrency Project

As a member of the consortium of partners including Visa and Mastercard, the group, Paypal had planned to invest at least $ 10 million in the Facebook Libra Cryptocurrency project. The growing opposition of many players and regulators to Facebook’s future virtual currency has finally defeated the willingness of a major investor to participate. PayPal has announced Friday its decision […]

Continue Reading
Tax at source has collected 2 billion euros more

Tax at Source has Collected 2 Billion Euros More

Minister of Public Accounts Gérald Darmanin says the state has raised an additional € 2 billion in income taxes this year. The introduction of tax withholding tax has allowed the state to collect an additional € 2 billion this year, said Wednesday 25th September 2019 the Minister of Public Accounts, Gerald Darmanin. “We recovered 1 billion more than we had planned, that […]

Continue Reading
UK officials help Thomas Cook customers at Cancun airport in Mexico on September 23, 2019.

Thomas Cook: Repatriated Tourists, Accused Leaders

In the United Kingdom, at the headquarters of the bankrupt tour operator, Thomas Cook, controversy swells over the huge salaries received by the leaders of the group. The authorities repatriated thousands of tourists affected by the bankruptcy of Thomas Cook on some 600,000 people on holidays around the world, while in the UK the controversy swelled on […]

Continue Reading
Pension reform: after FO, the CGT in the street

Pension Reform: After FO, the CGT in the Streets

After the liberal professions or the RATP, the CGT calls to protest this Tuesday 24th September 2019, against the pension reform. Disturbances are expected at SNCF. After lawyers, doctors, pilots, nurses, the RATP or Force Ouvrière (FO), it is the turn of the CGT to march Tuesday 24th September 2019 throughout France against the future pension reform, for which the government takes now […]

Continue Reading
A poster of tour operator Thomas Cook at Gatwick Airport in London

Thomas Cook: British Tour Operator Goes Bankrupt

ECONOMY: The authorities will have to organize massive repatriation of some 600.000 tourists in the world who have travelled with Thomas Cook British tour operator Thomas Cook announced on Monday that it was going bankrupt after failing over the weekend to find the necessary funds for its survival, and will go into “immediate liquidation”. The authorities will have to […]

Continue Reading
Seventeen "small" taxes will disappear by 2021, announced Bercy

Seventeen “Small” Taxes will Disappear by 2021

BUDGET: These taxes are judged to be low yield They concern driving licenses, vaping products or food trucks and will soon no longer exist. Seventeen taxes deemed low yield will disappear by 2021, said Wednesday the Ministry of Economy and Finance, confirming information Le Figaro. In detail, 13 taxes will disappear next year and four more in 2021. Less than 100 million […]

Continue Reading