by Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – The specter of a rise in corporate defaults, which would worsen the global economic downturn, had been largely ignored by resilient credit markets. Corporate debt problems are beginning to materialize, however, as more companies are downgraded to speculative (bad) grade, translating into higher borrowing costs. Retailer…
By Julien Da Sois Posted yesterday at 8:03 p.m. , Update 14 hours ago Line 1, the busiest in the Paris metro, was fully automated in 2012. Philippe LOPEZ / AFP DECRYPTION – While only three lines should be automated by the end of 2023, voices are being raised to accelerate the network transformation process….
Ever-higher mortgage rates and increasingly stringent conditions for access to credit, declining transaction volumes, longer negotiations, deterioration in buyer morale, increasing consideration of the constraints of the level of energy performance housing… All the ingredients seem to be in place to see a correction in the prices of existing real estate, which have again risen…
High Commissioner for Employment and Business Engagement, Thibaut Guilluy (here, during a trip to Lyon in November) is in charge of bringing the France Travail project to a successful conclusion. NICOLAS LIPONNE/Hans Lucas via AFP After two months of discussions, no one knows what the entity that will pilot employment policies will look like. Time…
In M’brimbo, in central Côte d’Ivoire, employees of an organic cooperative bag cocoa beans. ISSOUF SANOGO/AFP Despite multiple support for the sector, the majority of cocoa farmers still live below the poverty line. “100% responsible cocoa by 2025”, “More than 400 million euros invested in the cocoa supply chain in ten years.” As the Chocolate…
The initial burst will not have held. The Paris Stock Exchange continues to decline, while Wall Street fails to materialize the rebound suggested this morning by the bullish reversal in contracts future on the three major New York indices. Volatility remains high after the rally at the start of the week which followed three consecutive…
The probability of a manufacturer producing what looks like an electric buggy is close to zero. However, several manufacturers use this kind of machine as a concept car. The latest is signed by Dacia with its Manifesto. They are often closer to the lunar exploration machine than to a real vehicle that we could come…
Insider: Russian interest payments in Taiwan failed to materialize Ukraine live blog Insider: Russian interest payments in Taiwan failed to materialize Of USA apparently before buying new missile system for Ukraine +++ Selenskyj appeals to people in Belarus +++ Johnson: Russian victory in Ukraine would cost us more than energy crisis +++ all developments in…
US President Joe Biden in Brussels, March 24, 2022 (AFP / JOHN THYS) Westerners came together on Thursday to respond to the risk of global food shortages following the invasion of Ukraine by Russia, two major wheat exporters. “Food shortages will materialize,” warned US President Joe Biden in Brussels after G7 and NATO summits, assuring…
Atalanta Bergamo moved into the round of 16 of the Europa League after a clear 3-0 win at Olympiacos Piraeus. Borussia Dortmund can’t get past a 2-2 draw in Glasgow and is eliminated. Barcelona flex their muscles against Napoli. Porto, RB Leipzig and Sevilla also survive the playoffs. Olympiacos Piraeus 0-3 Atalanta Bergamo (1-2 first…
Grandstand. What if the famous wage inflation, which has made a resounding comeback in macroeconomic consensus, was just an endless smokescreen? The metaphor is more than seductive. The history of recent decades tends to show that during inflationary sequences, a rise in wages is simultaneously expected, or rather summoned, by economists… without it actually materializing….
PARIS, January 4 (Reuters) – EDF hopes that the government will soon take decisions on industrial programming and financing in order to materialize its plans to build nuclear reactors in France, Group CEO Jean-Bernard Lévy said on Tuesday. . Emmanuel Macron announced at the beginning of November the relaunch of the construction of nuclear reactors…
