“Big Business” N°95: Fear over Germany

Bertille Bayart Le Figaro EXCLUSIVE LETTER SUBSCRIBERS – The prospect of a Russian gas supply disruption is finally causing a stir in Europe. Dear subscribers, The energy crisis in Europe has taken a new step. In recent days, the possibility of a cut in the supply of Russian gas to the European Union has become … Read more

“Big business” n°94: Russia, financial pariah

View of the Kremlin (Moscow) Maxim Shemetov / REUTERS EXCLUSIVE LETTER SUBSCRIBERS – The Kremlin is officially in default. Bankruptcy threatens other countries. Dear subscribers, I announced it to you a little too quickly (“Big business” n°86) but this time, we are there: Russia is in default of payment. For the first time since 1918 … Read more

“Big Business” No. 93: Split-mania

EXCLUSIVE LETTER SUBSCRIBERS – Atos, Renault, and maybe tomorrow EDF… the split is fashionable among impoverished companies. Dear subscribers, Should the old world be pushed overboard? No, don’t worry, I’m not talking about politics (it’s way too complicated these days!). I want to talk about companies confronted with the phenomena of transition – digital and … Read more

Tesla rakes in record $5.5 billion profit in 2021

Elon Musk’s group managed to boost its shipments by 87% last year despite the shortage of semiconductors and supply problems. Tesla, benefiting from the craze for its electric vehicles, made a record $5.5 billion profit in 2021, but warned that problems with its supply chain could linger throughout the year. Read alsoThe irresistible rise of … Read more

Teslas involved in 273 accidents in the United States

In total, Tesla models were the subject of nearly 70% of the reports of the 392 accidents listed, for almost all between July 2021 and mid-May 2022, according to the NHTSA. Tesla-branded vehicles equipped with self-driving software have been involved in 273 crashes in the United States, according to a report released Wednesday by the … Read more

The end of the Covid bubble

EXCLUSIVE LETTER SUBSCRIBERS – Cryptos, SPACs, split credit, Robinhood… the biggest buzz of 2020 and 2021 are in turmoil. Dear subscribers, Despite Bruno Le Maire’s denials, the persistence of a form of “whatever it takes”, through general and untargeted measures to support purchasing power, gives the impression of a certain continuity between the time of … Read more

Air France completes its capital increase

This is the second stage of the measures taken to clean up the group’s finances, after a first recapitalization in April 2021. The Air France-KLM airline group announced on Tuesday that it had completed its capital increase of 2.256 billion euros, its two largest shareholders, the French and Dutch States, having participated to the extent … Read more

Cristal Union in better health than its rival Tereos

The cooperative benefits from the rise in sugar prices and from its past investments. Of the two rival cooperatives in the French sugar sector, Cristal Union and Tereos, it is the first that is making the most of a particularly favorable economic situation. The price of sugar has risen by 25% over one year. “In … Read more

To keep its employees, Apple will pay them at least $22 an hour

A figure that represents an increase of 45% compared to the minimum remuneration of 2018. With a record number of American employees who left their jobs last March (4.53 million precisely), no company is immune to the phenomenon of “the great resignation” which has shaken the United States since the pandemic. It is in this … Read more

Tesla wants to divide its share by three to attract employees and small shareholders

Other stock market giants, such as Amazon, whose stock has exploded recently, have carried out similar operations. The electric vehicle manufacturer Tesla will split its share on Wall Street by three to make the title more accessible to its employees and small shareholders, thus imitating several big names in tech. The company led by Elon … Read more