DIRS.INFO The most relevant business & tech news

☆ Trump would be a 'triple whammy' for inflation if reelected, says Allianz's Ludovic Subran
▼ + stars: | 2024-07-29 | 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 EmailTrump would be a 'triple whammy' for inflation if reelected, says Allianz's Ludovic SubranLudovic Subran, Allianz chief economist, joins 'Squawk Box' to discuss the Fed's inflation fight, rate path outlook, impact of the 2024 election on the global economy, and more.

Persons: Allianz's Ludovic Subran Ludovic Subran Organizations: Trump, Allianz

☆ What are 2024 Olympic gold medals made of? Explaining the Eiffel Tower connection
▼ + stars: | 2024-07-27 | by ( Lukas Weese | ) www.nytimes.com time to read: +3 min

Winning an Olympic gold medal is considered a crowning achievement for an athlete, so it’s only fitting that the physical medal represents the significance. What else is unique about these gold medals and how are they connected to the Eiffel Tower? How much do the Olympic gold medals weigh? Who designed the Olympic gold medals? According to Forbes, a Paris 2024 Olympic gold medal is worth approximately $950.

Persons: Celine Dion, “, Eiffel, Moët Hennessey Louis Vuitton, Ludovic Marin –, Thomas Samson Organizations: Olympic, Eiffel, Paris, Olympics, LMVH, Louis Olympic Games, It’s, Forbes, The Athletic, Getty Locations: Paris

☆ Summer leather: This surprising and sticky trend is taking over
▼ + stars: | 2024-07-20 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

You don’t have to be a horror film starlet to pull off a summer leather look, either. Monroe's full patent sheep leather look from Hervé Leger was a surprising choice for summer in the city. Last week, Kate Hudson was seen in a pair of lace-up leather pants. Gotham/GC Images/Getty ImagesDua Lipa's opening look for her Glastonbury Festival set was a leather mini dress from Chrome Hearts. Wherever the trend has come from, one thing is for certain: A leather jacket is no longer just for Christmas, but all year round.

Persons: “, Maika Monroe, Monroe, John Salangsang, Monroe isn’t, Mia Goth —, —, Versace, Jimmy Kimmel, Goth, Ludovic, Kate Hudson, Vick Hope, Rita Ora —, ” —, Hervé Leger, Mia Goth, Griffin, Matthieu Blazy, we’ve, Scott A, Rosalía —, Motomami —, Charli XCX, ” Organizations: CNN, LA, Northern, Wimbledon, Bottega Veneta, Glastonbury, Chrome Hearts, Coachella Locations: New York City, LA, Soho, New York, Gotham, Lipa, Palm Springs, Charli

☆ France's Macron wanted to leave his mark on Europe — he may have just ruined his legacy
▼ + stars: | 2024-07-09 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +8 min

He's credited with creating the European Political Community, bringing leaders from across 50 states in the region to discuss shared challenges and to coordinate joint responses. For now, Macron has rejected his current Prime Minister Gabriel Attal's resignation and on Monday asked him to stay in the post "to ensure the country's stability." Subran stressed that it was vital that Macron was aligned with the future prime minister. It hasn't paid off, and France's uncertain political outlook will likely perturb France's European partners, one French political scientist told CNBC. French President Emmanuel Macron reviews troops that will take part in the Bastille Day parade, July 2, 2024 in Paris, France.

Persons: Emmanuel Macron, Sebastien Salom, Emmanuel Macron's, Macron, —, Tina Fordham, it'll, Fordham, Francois Hollande, Angela Merkel, He's, Germany —, Volodymyr Zelenskyy, Hollande, Gabriel Attal's, Ludovic Subran, Subran, Donald, Trump, — we're, CNBC's Charlotte Reed, it's, Macron's, hasn't, Philippe Marlière, France isn't, Aurelien Organizations: Afp, Getty Images, Fordham Global Foresight, CNBC, NATO, European Union, Socialist, Political, Russia, Ukrainian, Reuters, NFP, Monday, Allianz, U.S, Republican, NurPhoto, EU, University College London Locations: gomis, Europe, France, Washington, Ukraine, Germany, Kyiv, Paris, China, Brussels, Strasbourg, Russia

☆ The 'pro-European' stance of France's left-wing is what matters, Allianz chief economist 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 EmailThe 'pro-European' stance of France's left-wing is what matters, Allianz chief economist saysLudovic Subran, chief economist of Allianz, analyses the French election results and what they could mean for fiscal policymaking.

Persons: France's, Ludovic Subran Organizations: Allianz

☆ 'We don't do God' and massive ad spends: How UK election races differ from American ones
▼ + stars: | 2024-07-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +12 min

Here are a handful of them:1) CampaignsBy the time a presidential election takes place in the United States, the electorate will have already endured months of seemingly endless electioneering — with the entire election campaign process from candidacies and the campaign trail to the actual presidential election and inauguration taking up to two years. In the U.K., the time frame between a prime minister calling a general election to the actual vote is just six weeks. It sounds simple, and usually is, unless there's a "hung parliament" in which no political party wins a majority of seats. In the U.K., political advertising on TV and radio is not allowed, so U.K. voters are subjected to the somewhat quaint "party political broadcasts" during election campaigns. 6) 'Absurd' diversionsBritish political experts note that, unlike in the U.S., where broad political debates tend to remain the key focus, U.K. election campaigns can see more minor or fringe issues dominate the short election campaign.

Persons: Rishi Sunak, Joe Biden, Paul Ellis, Sir Keir Starmer, Stefan Rousseau, Bobby Duffy, Donald Trump, Tom Brenner, —, Britain's, Tony Blair, Alastair Campbell, Ben Curtis, Blair, Dan Stevens, Joe Biden's, Trump, Brian Snyder, Keir Starmer, Institute's Duffy, Duffy, Biden, Rodin Eckenroth, Rodin, John Curtice, it's, Ludovic Marin Organizations: Britain's, North Atlantic Council, NATO, South Derbyshire College, Trent, Commons, King's College London, CNBC, Brit, Republicans, U.S, Federal, Former U.S, Republican, Reuters, Electoral Commission, Inverness Royal Academy, Labour, of, Exeter University, Trump . Democratic Party, Reuters Incumbent British, Labour Party, Trump, European, Conservative Party, U.K, UK Ministry of Defence, Royal British, Afp, Getty Locations: Vilnius, Lithuania, United States, Burton, U.S, Britain, Philadelphia, Great Britain, England, Wales, Scotland, British, America, Western Europe, Atlanta , Georgia, Hollywood , California, European Union, Normandy, Ver, Gold, France

☆ France votes in snap election that could hand power to the far right
▼ + stars: | 2024-06-30 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

Vandalized posters with images of local candidates for the European Parliament election mixed with those from the first round of the 2024 French legislative elections, seen on June 24 2024, in Val d Arry, Calvados. France will hold an early legislative election in two rounds on June 30 and July 7 2024, following President Emmanuel Macrons decision which was triggered by his party's heavy defeat to the far-right National Rally in the 2024 European Parliament election. Nurphoto | Nurphoto | Getty ImagesFrench voters are heading to the polls on Sunday for the first round of voting in a snap parliamentary election that could see the far-right National Rally group become the biggest party in France's National Assembly, polls suggest. Calling the snap election, which will involve two rounds of polling on Sunday and on July 7, Macron said the vote would provide "clarification" and that "France needs a clear majority to act in serenity and harmony." French President Emmanuel Macron waits for guest arrivals for a conference in support of Ukraine with European leaders and government representatives on February 26, 2024 in Paris, France.

Persons: Emmanuel Macrons, Emmanuel Macron, Jordan Bardella, Macron, Le Pen, Jordan Bardella —, Pen, Peter Garnry, Giorgia Meloni, George Dyson, Dyson, Ludovic Marin Organizations: Nurphoto, Getty, National Assembly, National, Analysts, Chesnot, New Popular, National Rally, Le, Palais des Sports, Saxo Bank, Risks, Republicans, Renaissance, Nexus Institute, AFP Locations: Val d, Calvados, France, Ukraine, Paris, Germany, The Hague, Netherlands

☆ Markets fear the French far right could trigger a financial crisis
▼ + stars: | 2024-06-14 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +5 min

President Emmanuel Macron called the snap elections Sunday after his party lost to the far right in a vote for EU lawmakers, a shock move that rattled markets for French stocks and government bonds. There has been widespread speculation since then that the National Rally, the party of far-right doyenne Marine Le Pen, is poised to become the most powerful force in parliament, unseating Macron’s centrist bloc. The risk of something similar happening in France is real, according to the country’s finance minister, Bruno Le Maire. “This comes down to the (parties’) plans that are on the table, whether we can, yes or no, finance this debt,” Le Maire said. The National Rally has promised to raise public spending and slash VAT on electricity and fuel.

Persons: Emmanuel Macron, Pen, ”, Truss, Bruno Le Maire, Le Maire, “, ” Le Maire, ’ jitters, Ludovic Marin, La Tribune Dimanche, Frank Gill, Moody’s, ” Joseph Ataman, Mark Thompson Organizations: London CNN —, EU, National, ‘, AAA, Getty Images Stock, haven’t, CNN, BFMTV, La Tribune, National Rally, European Central Bank, ECB Locations: France, ‘ France, French, Portugal, Europe, Italy, AFP, Paris, London

☆ Opinion: The G7 ‘family photo’ of world leaders tells a bigger story
▼ + stars: | 2024-06-13 | by ( Opinion Frida Ghitis | ) edition.cnn.com time to read: +9 min

CNN —The annual G7 summit, a gathering of leaders of some of the world’s wealthiest democracies, used to be a staid, predictable affair. Tensions were about to explode in 2018, when G7 leaders met in Canada. Behind the smiles and waves, a fraught 2018 G7 summit in Canada. German Chancellor Angela Merkel deliberates with US president Donald Trump on the sidelines of the 2018 G7 summit in Canada. German Chancellor Angela Merkel chats with a relaxed US President Barack Obama outside during the 2015 G7 summit in southern Germany.

Persons: Frida Ghitis, Read, Joe Biden, Pope Francis, Volodymyr Zelensky –, —, Donald Trump, Justin Trudeau, Cole Burston, Trump, Angela Merkel, Merkel, Angela Merkel deliberates, Jesco Denzel, Barack Obama, Michael Kappeler, George W, Bush, backrub, Vladimir Putin, Putin, Covid, ” Biden, ” Macron, Boris Johnson, Ludovic Marin, Biden, Emmanuel Macron’s, autocrats, Lady Melania Trump, Trudeau, Andrew Parsons, Giorgia Meloni, ” Organizations: CNN, Washington Post, Politics, Frida Ghitis CNN, European Council, Canadian, Bloomberg, Trump, Getty, Deutschland, Kremlin, Parliamentary, United, Brothers Locations: Puglia, Italy, Canada, France, Germany, Japan, Bavarian, AFP, St Petersburg, Russia, Russian, St . Petersburg, Handout, Crimean, Washington, United States, British, Ukraine, Biarritz, Italian, Europe

☆ French IT firm Atos falls 12%, faces major share dilution after selecting rescue deal
▼ + stars: | 2024-06-11 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

This photograph taken on April 26, 2024 shows the headquarters of the French multinational information technology company ATOS in Bezons, near Paris. Atos said it would go ahead with a proposal by major shareholder David Layani, whose IT firm Onepoint held around 11% of Atos' share capital and voting rights as of December 2023 according to its website. The deal will nevertheless lead to a "massive dilution" of existing shareholders, who are set to hold less than 0.1% of share capital once it is completed, Atos said. Atos said Layani's deal included a stronger capital structure and provided the firm with enough financial liquidity to stay in business. Layani's deal is fronted by Onepoint, as well as investment company Butler Industries, IT company Econocom and some of Atos' financial creditors.

Persons: Ludovic MARIN, LUDOVIC MARIN, Atos, David Layani, Onepoint, Daniel Kretinsky Organizations: Getty, Butler Industries, Paris Locations: Bezons, Paris, AFP, French, London, Czech

☆ French snap election 'akin to the Brexit vote,' Allianz economist says
▼ + stars: | 2024-06-10 | 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 EmailFrench snap election 'akin to the Brexit vote,' Allianz economist saysLudovic Subran, chief economist at Allianz, says French President Emmanuel Macron has tied his future to the future of Europe after calling a snap election following steep losses for his party at the EU elections.

Persons: Ludovic Subran, Emmanuel Macron Organizations: Allianz Locations: Europe

☆ Opinion: 80 years after D-Day, have our world leaders learned nothing?
▼ + stars: | 2024-06-05 | by ( Frida Ghitis | ) edition.cnn.com time to read: +8 min

The ceremonies, as is tradition, honor those who fought and died in World War II, and reaffirm a commitment to learn the lessons of history. But what exactly are those lessons, and how exactly will world leaders turn that commitment into reality? Join us on Twitter and FacebookAs they gaze on the once blood-drenched beaches of Normandy, world leaders should consider the lessons of World War II, and how to apply them today. Eventually, 16.4 million Americans served in the military during World War II, more than 10% of the population. And yet, the beaches of Normandy resonate with the lessons of that terrible history; world leaders should listen closely.

Persons: Frida Ghitis, Joe Biden, Donald Trump, ”, Hitler, Trump, Reenactors, Daniel Cole, Biden, Volodymyr Zelensky, Russia’s Vladimir Putin, Emmanuel Macron, Putin, Macron, Ukraine's Volodymyr Zelensky, Ludovic Marin, Donald Tusk, Zelensky, Jeremias Gonzalez, Olaf Scholz, Jens Stoltenberg, America Firsters Organizations: CNN, Washington Post, Politics, CNN CNN, Frida Ghitis CNN, Europe, Utah, AP, Kyiv, Russia, Financial Times, Zelensky, NATO, 1st Infantry Division, Twitter, Facebook Locations: France, United States, US, Normandy, Nazi, Ukraine, Europe, Sainte, Marie, Mont, Paris, Moscow, Russian, Russia, ” Germany, Spain, AFP, Kyiv, Soviet Union, Czechoslovakia, Poland, Kharkiv, Omaha Beach, Finland, America, Pearl

☆ I tried Red Lobster's $30 endless shrimp for the first time. I see why the deal might have contributed to the chain's bankruptcy.
▼ + stars: | 2024-06-05 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +3 min

Read previewA few weeks after Red Lobster filed for bankruptcy, I visited the chain's Times Square location to try its now-infamous Endless Shrimp promotion for the first time. Red Lobster's Endless Shrimp has quite the reputation. Customers were pleased with the deal, so in the summer of 2023, Endless Shrimp became available every day of the week. In the two quarters following the initial launch of the daily endless shrimp promotion, Red Lobster reported operating losses of $11 million and $12.5 million . However, Endless shrimp isn't the only factor that led to the fall of Red Lobster.

Persons: —, I've, it's, Ludovic Garnier, Garnier, Emily Stewart Organizations: Service, Red, chain's, Business, Customers, Lobster, Thai Union Group, Lobster's Locations: New York City

☆ I tried Red Lobster's $30 endless shrimp for the first time. I see why the deal might have led to the chain's bankruptcy.
▼ + stars: | 2024-06-05 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +2 min

Read previewA few weeks after Red Lobster filed for bankruptcy, I visited the chain's Times Square location to try its now-infamous Endless Shrimp promotion for the first time. Red Lobster's Endless Shrimp has quite the reputation. Customers were pleased with the deal, so in the summer of 2023, Endless Shrimp became available every day of the week. In the two quarters following the initial launch of the daily endless shrimp promotion, Red Lobster reported operating losses of $11 million and $12.5 million . Once a daily promotion, Endless Shrimp is now only available on Mondays, which is when I found myself at the revolving doors of Red Lobster's Times Square location on a hot summer night.

Persons: —, I've, it's, Ludovic Garnier, Garnier Organizations: Service, Red, chain's, Business, Customers, Lobster, Thai Union Group, Lobster's Locations: New York City

☆ Kremlin denies Olympics disinformation campaign, calls Microsoft allegation slanderous
▼ + stars: | 2024-06-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Kremlin spokesman Dmitry Peskov attends the 8th Russian-Chinese EXPO and the 4th Russian-Chinese Forum on Interregional Cooperation in Harbin, China, May 17, 2024. Sergei Bobylyov | Via ReutersThe Kremlin denied an allegation that it is waging a disinformation campaign against France, its president and the 2024 Olympic Games in Paris. The Microsoft Threat Analysis Center, or MTAC, said Sunday that "Russia is ramping up malign disinformation campaigns against France, French President Emmanuel Macron, the International Olympic Committee (IOC), and this summer's Olympic Games in Paris." On Tuesday, Kremlin press secretary Dmitry Peskov characterized the MTAC's accusations against Russia as slander, news agency RIA Novosti reported. Russian President Vladimir Putin claimed Ukraine's losses are eight times higher than those of Russia during an interview with Chinese media.

Persons: Dmitry Peskov, Sergei Bobylyov, Emmanuel Macron, Peskov, Macron, Vladimir Putin, Ludovic Marin Organizations: Interregional Cooperation, Reuters, Kremlin, France, Microsoft, International Olympic Committee, IOC, RIA Novosti, Olympic Games, Russian, NATO, Afp, Getty Locations: Russian, Harbin, China, Paris, Russia, France, Ukraine, Belarusian

☆ Atos falls 18% as embattled French IT firms weighs rescue deals set to result in 'massive dilution'
▼ + stars: | 2024-06-03 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

This photograph taken on April 26, 2024 shows the headquarters of the French multinational information technology company ATOS in Bezons, near Paris. (Photo by Ludovic MARIN / AFP) (Photo by LUDOVIC MARIN/AFP via Getty Images)Shares of the struggling French IT firm Atos tumbled on Monday as the company weighs between two rescue deals both set to lead to "massive dilution" of existing shareholders. The two restructuring deals on the table are led by Czech billionaire Daniel Kretinsky and key Atos shareholder David Layani. "The implementation of the proposals will result in all cases in a massive dilution of the existing shareholders of Atos SE," Atos said in a statement on Monday. The company said it was working with financial creditors to secure maximum support for one of the deals by June 5, aiming to reach final agreement on restructuring in July.

Persons: Ludovic MARIN, LUDOVIC MARIN, Atos, Daniel Kretinsky, David Layani Organizations: Getty, Atos Locations: Bezons, Paris, AFP, London, Czech

☆ How author David Nicholls uses humor in his book ‘You are Here’
▼ + stars: | 2024-05-28 | by ( Saira Mueller | ) edition.cnn.com time to read: +15 min

That’s not too surprising coming from Nicholls, whose 2009 novel “One Day” explored many of the same themes. It was the most enjoyable writing experience I’ve had for a long time. While hiking the coast-to-coast walk in England, author David Nicholls encountered some torrentially rainy days. I wanted the book to be partly about the comedy of miscommunication — the things we don’t say or the things we say and regret. You say you wanted the book to be in part about miscommunications and what ifs.

Persons: Marnie, Michael, David Nicholls ’, Cleo, That’s, Nicholls, ”, Anne Hathaway, Jim Sturgess, ” Michael, HarperCollins Marnie, “, that’s, I’ve, it’s, David Nicholls, David Nicholls I’m, you’re, Dexter, Emma, there’s, I’d, —, else’s, It’s, Leo Woodall, Ambika Mod, Ludovic Robert, Ambika, Leo, Woodall, we’d, There’s, they’ll Organizations: CNN, New York Times, Netflix, HarperCollins, Dales Locations: York, England’s, London, romcoms, England

☆ How a global seafood giant broke Red Lobster
▼ + stars: | 2024-05-25 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +15 min

Former Red Lobster employees say that while the pandemic, inflation and rent costs impacted Red Lobster, Thai Union’s ineptitude was the pivotal factor in Red Lobster’s decline. Kenny criticized Red Lobster employees at meetings and made derogatory comments about them, according to former Red Lobster leaders who worked closely with Kenny. Red Lobster’s annual customer count has dropped by 30% since 2019, Red Lobster said in its bankruptcy filing. Red Lobster employees say they were pressured by Thai Union representatives to buy more seafood from Thai Union. Thai Union representatives also began sitting in on meetings between Red Lobster and seafood suppliers, said one of the former Red Lobster employees who witnessed these conversations.

Persons: “, Ludovic Garnier, Jorge Silva, Red Lobster’s, ”, Les Foreman, Red, Thiraphong Chansiri, Angel, Feng shui, Chansiri, Amanda Mustard, Paul Kenny, Kenny, ’, Kenny’s, Bill Darden, General Mills, Darden, Kelli Valade, Valade, Trin, Tapanya, Kevin Lamarque, Barry Fulghum, Lobster, Leah Millis Organizations: New, New York CNN, Thai Union Group, Red, Lobster, Thai Union, CNN, Red Lobster, John West Foods, longtime, Reuters, Thai, West Coast, Lobster’s, Bloomberg, Getty, Minor, Thai Union —, Union, Darden, Gate, Golden, Capital, Facebook, Thai Union . Thai Union, ” Thai Union Locations: New York, Thai, Thailand, Thai Union, United States, Orlando, Australian, Dallas, America, United, Texas, Spring , Maryland

☆ Putin orders tactical nuclear weapon drills to deter the West
▼ + stars: | 2024-05-06 | by ( ) www.cnbc.com time to read: +5 min

Russia's defense ministry said it would hold military drills including practice for the preparation and deployment for use of non-strategic nuclear weapons. "During the exercise, a set of measures will be carried out to practice the issues of preparation and use of non-strategic nuclear weapons," the ministry said. Russia and the United States are by far the world's biggest nuclear powers, holding more than 10,600 of the world's 12,100 nuclear warheads. No power has used nuclear weapons in war since the United States unleashed the first atomic bomb attacks on the Japanese cities of Hiroshima and Nagasaki in 1945. Major nuclear powers routinely check their nuclear weapons but very rarely publicly link such exercises to specific perceived threats in the way that Russia has.

Persons: Vladimir Putin, Alexey Danichev, Natalia Kolesnikova, Joe Biden, Andriy Yusov, Sergei Shoigu, Emmanuel Macron, Volodymyr Zelensky, Ludovic Marin, David Cameron, Dmitry Peskov, Putin, Abrams, Sean Gallup Organizations: Federal Assembly's Council, Reuters, Missile, Southern Military District, Military, Victory Day, Afp, Getty, Russian Federation, Federation of American Scientists, CNN, Ukraine, Kremlin, U.S . Senate, AFP, British, NATO, U.S . Army, British Amphibious Engineer Battalion Locations: Saint Petersburg, Russia, Reuters Russia, Moscow, France, Britain, United States, Ukraine, U.S, China, Hiroshima, Nagasaki, Russian, Paris, London, Soviet Union, Gniew, Poland

☆ Putin orders tactical nuclear weapons drills in response to Western ‘threats’
▼ + stars: | 2024-05-06 | by ( Anna Chernova | Christian Edwards | ) edition.cnn.com time to read: +4 min

CNN —President Vladimir Putin has ordered Russian forces to rehearse deploying tactical nuclear weapons, as part of military drills to respond to what he called “threats” by the West. Since invading Ukraine in 2022, Putin has repeatedly made veiled threats to use tactical nuclear weapons against the West, but Monday marked the first time Russia has publicly announced drills. “During the exercises, a set of measures will be carried out to practice the issues of preparation and use of non-strategic nuclear weapons,” Russia’s defense ministry said. Non-strategic, or “tactical,” nuclear weapons can be used in battlefield situations, carrying less power than strategic nuclear weapons, which have the potential to level entire cities. Putin said Russia would not be the first to test nuclear weapons, but would do so in the event of a US test.

Persons: Vladimir Putin, Putin, Dmitry Peskov, Emmanuel Macron, I’m, ” Macron, Ludovic Marin, David Cameron, ” Cameron, Macron, “, Joe Biden, ” Organizations: CNN, Russia, Economist, Getty, United, Ukraine, Kyiv, State Department, US, military’s, Staff, Southern Military District Locations: Russian, Ukraine, Russia, Western, Europe, AFP, United Kingdom, United States, Moscow, Hiroshima, Nagasaki

☆ France moves to rescue Atos as former IT crown jewel struggles to stay afloat
▼ + stars: | 2024-04-29 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +2 min

This photograph taken on April 26, 2024 shows the headquarters of the French multinational information technology company ATOS in Bezons, near Paris. The offer was based on an indicative enterprise valuation between 700 million euros ($750 million) and 1 billion euros as part of the offer, the firm said. "There are within Atos sovereign activities that must remain under the exclusive control of France," he said, according to a CNBC translation. Atos' net debt stood at 3.9 billion euros at the end of the first quarter, the company said earlier this month. Shares in Atos jumped as much as 19% on the news of the French government's offer early on Monday, and were last up by 22.01% at 11:57 a.m. London time.

Persons: Ludovic MARIN, LUDOVIC MARIN, Bruno Le Maire, Le Maire, Daniel Kretinsky, Atos Organizations: Getty Images, CNBC, Reuters, Airbus, Paris Locations: Bezons, Paris, AFP, French, France, Atos, London

☆ Red Lobster, home of the endless shrimp, mulls bankruptcy after spoiling its customers with all-you-can-eat lobster: report
▼ + stars: | 2024-04-18 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

It may be the end of the line for the seafood chain Red Lobster, per Bloomberg. AdvertisementSeafood chain Red Lobster is considering filing for bankruptcy, Bloomberg reported Wednesday. According to the outlet, Red Lobster is being advised by the law firm King & Spalding. Red Lobster and King & Spalding did not respond to Bloomberg's requests for comment. Representatives for Red Lobster and King & Spalding did not immediately respond to requests for comment from Business Insider sent outside regular business hours.

Persons: —, Spalding, Red Lobster's, Ludovic Garnier, servings, Ian Borden, Borden Organizations: Bloomberg, Service, King, Spalding, Thai Union Group —, Golden Corral, Business Insider Locations: Maine

(AP) — Harvard University said it has removed human skin from the binding of a 19th century book about the afterlife that has been in its collections since the 1930s. Scientific analysis done in 2014 confirmed the binding was made of human skin, the university said. In its statement, Harvard said the library noted several ways in which its stewardship practices failed to meet its ethical standards. The removed skin is now in “secure storage at Harvard Library,” Anne-Marie Eze, Houghton Library associate librarian, said in the question-and-answer session. Harvard said the skin removal was prompted by a library review following a Harvard University report on human remains in its museum collections, released in 2022.

Persons: Des, ”, Arsène Houssaye, Ludovic Bouland, Harvard, Bouland, Thomas Hyry, ” Harvard, ” Anne, Marie Eze Organizations: — Harvard University, Houghton Library, Houghton, Harvard Library, Harvard University, “ Harvard Library, Harvard Museum Locations: CAMBRIDGE, French

☆ 'Everything looks rosy' in equity markets and earnings — but problems lie ahead, economist says
▼ + stars: | 2024-03-27 | 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 Email'Everything looks rosy' in equity markets and earnings — but problems lie ahead, economist saysCurrent economic soft landings are the calm before the storm, according to Ludovic Subran, chief economist at Allianz.

Persons: Ludovic Subran Organizations: Allianz

☆ Big changes could be coming to the way we pay for things
▼ + stars: | 2024-03-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're examining how a change in credit cards' behind-the-scenes fees impacts you… and your points . Under the settlement, merchants could charge customers more for using different cards despite being part of the same Visa or Mastercard network. AdvertisementTim Boyle/Getty Images; Jenny Chang-Rodriguez/BIThe agreement could ultimately reshape how consumers pay for things. AdvertisementPerhaps that's why one analyst told Business Insider's Alex Bitter he doesn't expect major retailers to pass swipe fees along to customers. But maybe, not unlike the fees the agreement targets, what seems small could eventually add up to something big.

Persons: —, Jenny Chang, Rodriguez, Insider's Grace Eliza Goodwin, Tim Boyle, David Morris, Alex Bitter, LUDOVIC MARIN, BlackRock's Larry Fink, Jeremy Grantham, Ian Shepherdson, That'll, We've, Meta, Mark Zuckerberg, Facebook execs, Francis Key Scott, Hunter Biden, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Nickelodeon, Business, Mastercard, Visa, Getty, Fed, Amazon, BI Locations: Europe, LUDOVIC, Baltimore, Port, New York, London

Search resuls for: "Ludovic"

25 mentions found