Life insurance contracts registered a net inflow of 0.5 billion euros in September, three times less than in the same month last year, according to figures released on Friday by France Assureurs. However, it is slightly better than the month of August 2022, when life insurance had registered a net outflow: The amounts paid out … Read more
Following S&P and Fitch, ratings agency Moody’s on Friday lowered the outlook for Britain’s rating from “stable“at”negativeas the country is in the midst of a political and financial crisis following the resignation of Prime Minister Liz Truss. This decision is mainly motivated by “increased unpredictabilityof the authorities’ decisions, even as the economy struggles and inflation … Read more
By Florentin Collomp Posted on 26/09/2022 at 19:41., Update on 26/09/2022 at 22:01 Liz Truss and Giorgia Meloni. UK PARLIAMENT/JESSICA TAYLOR; SIPA ANALYSIS – Markets are more worried about Liz Truss’ fiscal policy than Giorgia Meloni’s rise to power. While financial markets had their eyes on the historic victory of the far right in Italy, … Read more
Interviewed in Le Parisien, Olivier Dussopt, Minister of Labor, returned to the new unemployment insurance reform desired by the government to achieve the campaign axis and Emmanuel Macron’s five-year objective: full employment. in 2027. The new unemployment insurance rules put in place by the 2019 reform, applied in 2021, indeed expire in November 2022, and … Read more
Assurances du Crédit Mutuel and Allianz France announced on Friday in a joint press release a partnership to offer products to companies, in particular to farmers, to the chagrin of the self-employed who distribute contracts and fear competition from banks. Concretely, with the exception of Arkéa, the Crédit Mutuel banks, of which one in three … Read more
The Constitutional Council considered on Thursday “conform to the constitution“Provisions of the Commercial Code challenged by Amazon, certain commercial practices of which are denounced by Ilec, a professional organization which brings together the major brands of everyday consumption. “It’s a good decision, in line with what we expected“, reacted Daniel Diot, the secretary general of … Read more
The judicial liquidation of an Amazon logistics subcontractor employing more than 600 people in France was pronounced on September 5, we learned Thursday from staff representatives who denounce various “criminal offensesfrom the manager. The CSE (Social and Economic Committee) of Fast Despatch Logistics “makes the bitter observation today that the company’s accounts are at zero … Read more
The French still deposited more money than they withdrew on their life insurance in July, even if the differential was reduced compared to 2021, to 800 million euros, according to data communicated Monday by France Assureurs, the sector federation. In July 2021, net inflows thus amounted to 1.1 billion euros, i.e. 300 million more than … Read more
An adviser to the American agency in charge of labor law (NLRB) recommended, after 24 days of hearings, the rejection of the objections filed by Amazon against the vote which led to the creation, at the beginning of the year, of the first union in one of its warehouses in the United States. Both parties … Read more
SpaceX satellites will connect directly to T-Mobile phones to provide telephone network to the most isolated places, beyond the range of relay antennas, announced Thursday August 25 the firm of Elon Musk and the German telecom giant . The new service, which will use SpaceX’s thousands of Starlink satellites already in orbit and work on … Read more
