services
Removing national barriers to services in the EU single market could produce significant economic growth, a new report by the Munich-based ifo Institute for Economic Research has said. "Although the service sector has contributed significantly to economic growth in recent decades, the EU member states continue to have a patchwork of 27 different sets of regulations," said Florian Dorn, the co-author of the study, in Munich on Thursday. He added: "As a result, they are missing out on enormous growth potential." The report suggests removing barriers to the service sector could increase economic ...
DPA Breaking News
Paris (AFP) - Le tribunal de commerce de Paris examine mercredi les demandes de liquidation judiciaire de la holding et de trois sociétés du groupe Indexia, lors d'une audience cruciale pour l'avenir du courtier en assurances cerné par les procédures judiciaires. Cette audience à huis clos se tient près d'un mois après la liquidation de l'entité historique et l'une des principales filiales du groupe, la SFAM, qui était spécialisée depuis quinze ans dans les assurances associées à l'achat d'un téléphone ou d'un ordinateur. La dette de la SFAM envers l'Urssaf Rhône-Alpes, qui l'avait assignée de...
AFP (Français)
Paris (AFP) - Le procès du géant de l'électricité EDF, de son ancien PDG Henri Proglio et de douze autres personnes pour des soupçons de favoritisme autour de contrats de consulting s'est ouvert mardi devant le tribunal de Paris, avec des débats de procédure. S'adressant à celui qui dirigea l'entreprise entre 2009 et 2014, premier appelé à la barre en début d'après-midi pour décliner son identité, le président Benjamin Blanchet a égrené les 44 contrats de consultants conclus sans mise en concurrence entre 2010 et 2016, au cœur de ce procès qui doit durer deux semaines. L'enquête ouverte en 201...
AFP (Français)
Robinhood Markets Inc (NASDAQ: HOOD) is flying high on Friday after a Bank of America analyst issued a super bullish note in its favour. Robinhood stock could gain another 22%Craig Siegenthaler doubled upgraded the financial technology company this morning to “buy” and said its shares could climb to $24 which suggests another 22% upside from here. The analyst is positive on Robinhood stock as he expects retail activity to remain strong moving forward. His research note reads: Following the emergence of a new bull market last year, we have monitored a rebound in multiple metrics at Robinhood Ma...
Invezz
Nu Holdings Ltd (NYSE: NU) saw its revenue climb a whopping 64% in Q1. Still, David Velez – its chief executive is convinced the company has massive room for growth moving forward. Nu Holdings CEO on Q1 earningsThe online bank added 5.5 million customers to hit the 100 million mark in its first quarter. Still, CEO Velez said on CNBC’s “Squawk Box” today: Disruptors in fintech have taken less than 1.0% of the market cap. So, that story is very much in the early beginnings and is a real structural opportunity that exists globally. Nubank ended its recently concluded quarter with $24.3 billion in...
Invezz
ZIM Integrated (NYSE: ZIM) stock price has gone parabolic this week as investors focus on the rising global shipping rates and the potential for dividends. It has risen for six consecutive weeks, reaching its highest swing since May 2023. It has soared by over 175% from its lowest point in 2023, outperforming the S&P 500 and Nasdaq 100 indices. Global shipping costs are risingZIM, one of the biggest shipping companies, is benefiting from the rising prices, which could see it turn a profit this year. The closely watched Drewry World Container Index (WCI) soared to $3,159 last week. While that p...
Invezz
Robinhood Markets Inc (NASDAQ: HOOD) has gained a whopping 70% over the past three months but a Mizuho analyst is convinced it could extend the rally further in the coming months. Here’s why Robinhood stock is worth buyingDan Dolev reiterated his “buy” rating on $HOOD this morning after the financial services company reported quarterly earnings that were “as good as gold”. Robinhood, the analyst told CNBC in an interview on Thursday, is evidently “firing on all cylinders” considering it ended Q1 with 23.9 million funded customers in total – up some 810,000 versus last year. With a 65% increase...
Invezz
Affirm Holdings Inc (NASDAQ: AFRM) is pushing to the upside in premarket on Wednesday after coming in ahead of Street estimates for its fiscal third quarter. Affirm stock rallies on impressive outlookThe stock is being rewarded also because $AFRM issued upbeat guidance for the future. The financial technology company expects its revenue to fall between $585 million and $605 million in the current quarter. Analysts, in comparison, were at $576 million. Max Levchin – the chief executive of Affirm Holdings said in a letter to shareholders today: Our consumers love Affirm. We cannot wait to delive...
Invezz
The Royal Mail (LON: IDS) share price has remained in a tight range in the past few days as investors assess the ongoing buyout activities. After crashing to a low of 213p in April, the stock has rebounded to 275.2p. It is now hovering near its highest point since February 7th. IDS buyout probabilityDemand for British companies is rising gradually recently as evidenced by the strong surge of the FTSE 100 index, which has soared to its highest level on record. International Paper is acquiring DS Smith, a leading British packaging company in a $7.2 billion deal. Similarly, Darktrace, a well-know...
Invezz
Paris (AFP) - Les enfants nés après une assistance médicale à la procréation (AMP) ne développent pas plus de cancer que les autres, sauf pour la leucémie où un très léger risque supplémentaire a été observé, souligne vendredi une large étude. Cette étude, qui porte sur plus de 8,5 millions d'enfants nés en France entre 2010 et 2021, est l'une des plus grandes menées à ce jour sur le sujet. Des scientifiques de l'Inserm et du groupement d'intérêt scientifique EPI-PHARE (ANSM/Cnam), rejoints par des experts de la procréation médicalement assistée (PMA), ont publié leurs résultats dans la revue ...
AFP (Français)
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