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☆ French President Macron’s snap election gamble 'did not pay off,' professor says
▼ + stars: | 2024-07-08 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Macron had called for a new legislative nationwide vote in France after the country's far-right party made significant gains in the European Union election last month. The gamble that French President Emmanuel Macron took when he called a snap election has not paid off, according to Armin Steinbach, Jean Monnet professor of EU Law and economics at HEC Paris. Macron's centrist Ensemble bloc is set to make up the second-largest group in parliament, followed by the RN and its allies. Just because the far-right did not perform as they had hoped in this election does not mean they should be discounted for the presidential election in 2027, Steinbach added. "For today it's a loss for them, … but it doesn't tell us anything about the 2027 presidential election.

Persons: Macron, Steinbach, CNBC's Charlotte Reed, Emmanuel Macron, Armin Steinbach, Jean Monnet, Tina Fordham, CNBC's, Fordham, HEC's Steinbach Organizations: Popular Front, Interior Ministry, Union, EU Law, HEC Paris, Fordham Global Insight, European Union Locations: Paris, France, Steinbach

☆ France is more divided than ever after run-off vote, professor says
▼ + stars: | 2024-07-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFrance is more divided than ever after run-off vote, professor saysArmin Steinbach, Jean Monnet professor of EU Law and economics at HEC Paris, comments on the outcome of the second round of the French election.

Persons: Armin Steinbach, Jean Monnet Organizations: EU Law, HEC Paris

The research found this was due to a perception that other accents thwart communication, to accent prejudices — or both. Are language courses a solution? But accent reduction courses that promise to get rid of a certain accent in a short period of time are more popular, she said. It horrifies me that companies would train people to anglicize their accent — that is a direct reinforcement of … racism. Elizabeth likens learning an American accent to "just one of the tools" in her arsenal — one she can deploy when needed.

Persons: Elizabeth, she's, they've, Jessica Spence, Jessica Spence The, Regina Kim, Tracey Derwing, Ritu, Brad Harris, Ritu Bhasin, Kim, who's, Bhasin, I'm Organizations: CNBC, The University of Queensland, Society, Personality, Jessica Spence The University of Queensland, Fairfield University's Dolan School of Business, University of Alberta, HEC Paris, York University, Brad Harris Management, HEC Paris Business Locations: Singapore, Asia, Pacific, Australia, New Zealand, Taiwan, Malaysia, York

And, as it's global liquidity that matters, the bowl is also kept brimming as the Bank of Japan continues to buy government bonds at pace. But a study looking at the U.S. banking shock that led to the failure of Silicon Valley Bank and Signature Bank last month and deposit runs across many regional banks suggests a different angle - a 'deposit glut' from within the richest countries that is increasingly unstable. "In a context of rising wealth inequality and growing corporate savings, an increasing share of bank deposits is uninsured and held by sophisticated agents," Vuillemey wrote. "This implies that these deposits are increasingly fragile, and that deposit insurance schemes ... are slowly losing bite." As illustrated in Technicolor in the SVB run, big uninsured deposits are volatile - sensitive as they are to any hint on the bank's health and moveable at push of a button.

REUTERS/Brian Snyder/File PhotoWASHINGTON, April 17 (Reuters) - The U.S. Supreme Court on Monday declined to hear Novartis Pharmaceuticals Corp's (NOVN.S) bid to revive a key patent on its blockbuster multiple sclerosis drug Gilenya that was invalidated amid a legal dispute with China's HEC Pharm Co Ltd (1558.HK). Novartis sued HEC and more than a dozen other generic drugmakers for patent infringement in Delaware federal court after they applied for FDA approval of Gilenya generics. Novartis settled with some of the drugmakers, allowing for some Gilenya generics before a key patent's 2027 expiration. The Supreme Court in October rejected a Novartis emergency bid to pause the decision. HEC responded that the Federal Circuit "followed its own rules," and that "no Federal Circuit judge - including the dissenter - suggested any procedural concern" with the decision.

It is rare for investors to take short positions in securities of Indian companies. Securities rules in India also make it hard to quietly build short positions. Institutional investors are obliged to disclose their short positions upfront and there are other restrictions and registration requirements on foreign investors. In Adani, for example, Hindenburg held the short positions through U.S.-traded bonds and non-Indian-traded derivatives. China's strict investment rules make it all but impossible to take short positions in domestic-listed Chinese stocks from overseas.

Oct 13 (Reuters) - The U.S. Supreme Court on Thursday turned down Novartis Pharmaceuticals Corp's (NOVN.S) bid to block the launch of generic versions of the company's blockbuster multiple sclerosis drug Gilenya in a dispute with China's HEC Pharm Co Ltd (1558.HK) and other generic drugmakers. Novartis had asked the justices to stay a lower court's ruling that lifted a ban on generic versions of Gilenya, the Switzerland-based company's third highest-selling drug last year with $2.8 billion in sales. Register now for FREE unlimited access to Reuters.com RegisterReporting by Nate Raymond in Boston Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

☆ Novartis to take U.S. drug patent case to Supreme Court
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +1 min

A sign marks the Novartis Institutes for BioMedical Research facility in Cambridge, Massachusetts, U.S., June 16, 2021. REUTERS/Brian Snyder/File PhotoZURICH, Sept 21 (Reuters) - Novartis AG (NOVN.S) plans to ask the U.S. Supreme court to uphold the validity of a patent it holds on the dosing regimen for multiple sclerosis drug Gilenya after suffering a setback in a federal appeals court ruling, the Swiss drugmaker said on Wednesday. The ruling meant HEC Pharma and other drugmakers would potentially be able to launch a generic version of 0.5mg Gilenya imminently, pending any other judicial actions, it said. "Should generics launch in the US, we expect FY 2022 sales to be negatively impacted by USD 0.3bn. Register now for FREE unlimited access to Reuters.com RegisterReporting by Michael Shields Editing by Paul CarrelOur Standards: The Thomson Reuters Trust Principles.

☆ Interviewing for your next job? Avoid this common mistake
▼ + stars: | 2022-08-05 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

Quite often, when people are mismatched to a job, it's because they didn't do their homework properly … they didn't ask the right questions. "To all the questions that you ask, you will find the answers satisfying and you will only ask questions that confirm your initial positive impression," he added. "Quite often, when people are mismatched to a job, it's because they didn't do their homework properly … they didn't ask the right questions." Olivier Sibony Professor, HEC ParisHe added that candidates may ignore red flags, thinking they are "different" or "unique." Treat every new job as a learning opportunity — not just in relation to the job, but also yourself, said Sibony.

☆ A tech recruiter went viral on LinkedIn after posting about getting laid off. Here are 5 ways being open about a professional setback can help you land a new role.
▼ + stars: | 2022-07-19 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +8 min

Being open about what most consider to be a professional setback can help you land a new job. In a now-deleted viral LinkedIn post, she detailed her experience of being laid off and appealed to her network to help her find another job. One contract recruiter at Meta was laid off before she started and detailed her experience in a LinkedIn post. Getting friends who are also active on LinkedIn and have a wide professional network to reshare your post can help, he added. I mean you were just laid off, and this also triggers your friends and friends of friends to help you.

☆ Franţa domină topul celor mai bune şcoli de afaceri din Europa
▼ + stars: | 2020-12-07 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +1 min

London Business School (LSB), care a fost numărul unu în perioada 2015-2019, este acum pe locul doi.Patru instituţii din Paris şi din jur - HEC Paris, Insead, Essec şi ESCP - sunt în top zece al clasamentului realizat de FT al celor mai bune 90 de şcoli de afaceri din Europa, care include 22 de şcoli franceze.Eloic Peyrache, decanul interimar al HEC Paris, spune că una din explicaţiile performanţei instituţiei o reprezintă investiţia în Masterul în Administrarea Afacerilor (MBA) şi atragerea studenţilor străini. "Am devenit parteneri globali ai companiilor care vin să recruteze de la noi forţă de muncă pentru posturi din întreaga lume", a explicat Peyrache.Marea Britanie are două instituţii în top 10: London Business School şi Oxford Said, trei în top 20: Warwick, Cambridge Judge şi Imperial, iar în topul celor mai bune 90 de şcoli de afaceri din Europa sunt 19 şcoli de afaceri din Regatul Unit.Clasamentul celor 90 de şcoli se bazează pe performanţele lor în domeniile: Master în Administrarea Afacerilor (MBA), Executive MBA, Master în Management şi doi indicatori pentru educaţia pentru cadrele de conducere.

Persons: Oxford Said Organizations: London Business School, HEC, Oxford, Management Locations: Paris, HEC Paris, Insead, Europa, Warwick, Cambridge, Regatul

☆ France hit by nationwide strike as workers protest over pension reforms
▼ + stars: | 2019-12-05 | by ( Silvia Amaro | ) www.cnbc.com time to read: +4 min

watch nowFrance is experiencing one of its biggest strikes in decades as public sector workers protest against changes to the pension system. According to the French newspaper, Le Monde, more than 180 000 people are taking to the streets in 30 different parts of France. Prior to his election in 2017, President Emmanuel Macron vowed to reform France's pension system. watch nowPrevious attempts to change the pension system have also been met with strong opposition from public sector workers. However, transport workers argue that the new system would mean they would have to work longer into old age or see their pension reduced.

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