Turkey: an opponent of Erdogan throws in the towel three days before the presidential election

Muharrem Ince, one of the four candidates for the Turkish presidential election on May 14, announced Thursday the withdrawal of his candidacy, a decision likely to favor the election of Kemal Kiliçdaroglu, main opponent of President Recep Tayyip Erdogan. “I withdraw my candidacy”, declared during a press conference the leader of the Memleket (Fatherland) party,…

Read More

Lvmh: Why the stock market is passing the towel on LVMH’s little hitch concerning its margins

(BFM Bourse) – The luxury giant recorded lower-than-expected profitability in the second half and for the year as a whole. Nevertheless, the market does not really sanction this small gap, aware that this slight disappointment is due to marketing investments which will allow the group to be ready to better grasp the Chinese recovery. With…

Read More