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Euro briefly hits $1.10, highest in 10 months, after Fed decision

By Le Figaro with AFP Published yesterday at 22:08, Update yesterday at 22:09 During his speech, Jerome Powell held a speech of firmness, affirming that “task (was) not finished” in the fight against inflation. DADO RUVIC / REUTERS The US Federal Reserve hiked its rate on Wednesday to a range of 4.50% to 4.75%, the …

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Casino is considering combining Monoprix, Franprix and Géant with Jardiland and Gamm’ Vert

By Marie Bartnik Published 2 hours ago, Update 50 minutes ago CGP Distribution France would merge with the distribution activities of Teract. GEOFFROY VAN DER HASSELT / AFP The group is studying a merger of its distribution activities in France with Teract, the subsidiary of InVivo which is also developing the Grand Marché Frais brand …

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The ready-to-wear brand Kookaï announces its placement in receivership

By Le Figaro with AFP Published 2 hours ago, Update 33 minutes ago The brand born in 1983 was placed this Wednesday under the protection of the Paris Commercial Court by its Australian general management and its shareholder. After the setbacks of Camaïeu, it is the turn of the famous fashion brand Kookaï to announce …

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Morgan Stanley bankers fined for using Whatsapp

Since the 1930s, official communications between financial actors have been duly listed in registers in order to “maintain market integrity“. MichaelJBerlin / stock.adobe.com Bankers have used their personal email accounts to discuss official bank activities. A practice strictly prohibited. Known for the colossal salaries of their employees, investment banks do not refrain, conversely, from chipping …

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