At 109 years old, it is not too late to draw a line on your past and reinvent yourself. This is the conviction of recently appointed IBM boss Arvind Krishna, who is preparing to split the age-old IT company into two listed companies. On the one hand, cloud technologies on which “Big Blue” relies to regain growth. On the other, […]
A Thursday session rich in economic indicators
Like every Thursday since the health crisis exploded, operators will be watching for weekly jobless claims tomorrow in the United States for the week ended October 3 . Once again, they will remain below the million mark, but, at 820,000 expected, against 837,000 last week, the ebb will be only very modest, showing that the improvement of the labor market is difficult. Add […]
New hope for a congressional aid plan, the stock market wants to believe in it
After its slightly bearish parenthesis the day before, the Paris Bourse should try to resume risk-taking following the strong progression of Wall Street. Hope in a new budget aid package for the United States is making a comeback in a market that is beginning to incorporate the growing likelihood of a Democratic victory on November 3. Just over half […]
Samsung expects record profit in two years in Q3
Samsung on Thursday said its third-quarter profit is expected to have risen 58% to a two-year high, beating analyst estimates, who attributed the jump to higher sales of smartphones and a chip order issued by Huawei. The South Korean giant said its operating profit for the July-September period is expected to have reached 12.3 trillion […]
Bettor GVC Holdings at the top of the Stoxx 600, between target raising and acquisition
This is the biggest increase of this Thursday session in the Stoxx 600 of the largest listed companies in Europe. Sports betting and gambling firm GVC Holdings climbs more than 7% on the London Stock Exchange, bringing the stock’s growth to almost 30% since the start of the year and 50% year-on-year and at a fraction of its […]
Around 2 million babies are born stillborn each year worldwide
Each year, nearly 2 million infants are born stillborn, or one infant every 16 seconds. “A terrible tragedy for a family, a tragedy too often lived in silence, and too frequent in the whole world”, deplores the UN in a report published on Thursday. This represents almost 1.4% of births in 2019, and more than 2% of […]
US presidential election: calm down with the Harris-Pence debate
It wasn’t difficult, but the debate between the two vice presidential candidates has been more structured and respectful than that between the two White House candidates a week ago. It was at least as expected: many believe that Kamala Harris and Mike Pence defend their party message better than Joe Biden and Donald Trump. The insults […]
Two women finalists to take charge of the WTO
Barring a very last-minute change, two women – Nigerian Ngozi Okonjo-Iweala and Korean Yoo Myung-hee – remain, according to AFP, the only ones in the race for the post of head of the Organization world trade. The WTO, in crisis not least because of repeated assaults by the Trump administration , has so far always been led by men. The […]
Financial markets: Brussels calls for an integrated database
How to strengthen European capital markets? With Brexit approaching, the issue becomes more pressing. On September 24, the President of the European Commission called for the completion of the Capital Markets Union . This initiative intended to strengthen the integration of the financial markets of the Old Continent, originally launched in 2015, has so far only given rise to scattered […]
The Cac 40 did not benefit from the rebound on Wall Street
As unpredictable as ever, the American president put an end to negotiations with the Democrats for a new support plan, before announcing the possible signing of measures in favor of households and airlines. On Wall Street, the announcement is well received, but the rise in American indices has not spread to Paris. The Cac 40 ended […]