Nicolas Thomas

Samsung beats expectations thanks to anticipating tariffs

South Korea's technology giant exceeds expectations, with many orders, in anticipation of tariffs.

April 08, 2025 at 05:31 pm

BYD launches Denza, a premium brand to drive growth in Europe

Chinese automaker BYD is looking to expand its presence in Europe, and to mark the occasion, is announcing the arrival of its top-of-the-range Denza subsidiary for European consumers.

April 08, 2025 at 04:39 pm

LVMH makes huge shakeup in management of its flagship houses

LVMH is reorganizing its management teams at a time when the group is facing a slowdown in consumption in several key markets, notably China, and a climate of economic uncertainty weighing on the various luxury segments. Faced with these challenges, the luxury giant is counting on experienced, international profiles to lead its iconic houses.

April 08, 2025 at 04:24 pm

The European Union favors negotiations with Washington

While the trade ministers of the 27 European Union countries met in Luxembourg on Monday to discuss trade tensions with the United States, Ursula von der Leyen, the European Commission's President, spoke in Brussels. Two venues and a common message: the priority is de-escalation, without ruling out a firm response.

April 08, 2025 at 04:10 pm

Microsoft winds down its Wicresoft joint venture in China

April 07, 2025 at 05:56 pm

Samsung expects 21% drop in operating profit due to AI

Samsung Electronics is expected to report a 21% drop in Q1 operating profit on Tuesday, penalized by slowing sales of chips for artificial intelligence and persistent losses in its third-party semiconductor manufacturing business.

April 07, 2025 at 04:22 pm

Prada could decide to takeover Versace this week

April 07, 2025 at 04:04 pm

Asian stockmarkets plunge; Hong Kong slumps 12%!

The trade war between the US and China sent shockwaves through Asian markets on Monday. Faced with the prospect of a global recession, investors massively withdrew, in anticipation of support measures.

April 07, 2025 at 03:57 pm

Fitch downgrades China's credit rating

Rating agency Fitch has downgraded China's sovereign credit rating, at a time when the country is considering strengthening its fiscal stimulus policy. This is yet another obstacle in the path of Xi Jinping's government.

April 04, 2025 at 10:34 pm

Leonardo, Enel and Ansaldo seal agreement for nuclear joint venture in Italy

April 03, 2025 at 10:40 pm

Carmakers speak out on tariffs

Since the announcement of tariffs on the automotive sector, we have been waiting for a reaction from carmakers. Now that they have taken effect, the first responses are in, and strategies are already very varied.

April 03, 2025 at 06:59 pm

Britain's Greencore buys rival Bakkavor for $1.6bn

April 02, 2025 at 05:32 pm

Visa offers $100m to replace Mastercard as Apple's credit card partner

Visa and Mastercard have always faced stiff competition as a result of their duopoly. This time, Visa is making a bid to take over the partnership between Mastercard and Apple.

April 02, 2025 at 05:04 pm

Arm recently tried to buy Alphawave to strengthen its position in AI

Aiming to improve its AI chip segment, Arm seems to be looking for potential acquisitions in the field. According to Reuters sources, the company has approached Alphawave - unsuccessfully, as it stands.

April 02, 2025 at 04:42 pm

ISS calls for rejection of Goldman Sachs executive retention bonuses

The battle for talent is raging on Wall Street, and Goldman Sachs seems determined to keep its own. However, two consulting firms are recommending that shareholders oppose the loyalty bonus that the banking group wishes to introduce.

April 01, 2025 at 10:24 pm

Volvo recalls Håkan Samuelsson to weather the storm

Swedish carmaker Volvo has surprised everyone by appointing Håkan Samuelsson as its new CEO, two years after he left the company. A decision seen as a return to fundamentals in the face of Donald Trump's tariff jolts and a laborious electric transition.

April 01, 2025 at 08:47 pm

This ultra-secure messaging system is used by Meta, Google and the U.S. government.

The Trump administration managed to unintentionally leak a bunch of war plans by including the wrong person on their Signal messaging. Here comes a discussion about the Signal application and its secure messaging.

March 25, 2025 at 10:48 pm

Tesla Chairman Robyn Denholm under fire as stock plummets

(MarketScreener with Reuters) - While Tesla suffers a slump in its share price, Chairman Robyn Denholm continues to prosper financially. Her role at the head of the board, where she was placed by Elon Musk in 2018, is now being sharply criticized by shareholders, who are concerned about her independence from the billionaire.

March 18, 2025 at 10:28 pm

Robinhood enters the financial betting market with a new prediction hub

(MarketScreener with Reuters) - On Monday Robinhood announced the launch of a prediction market integrated into its app, enabling its customers to speculate on the outcome of major events, such as the Federal Reserve's key rate expected in May.

March 18, 2025 at 01:29 am

Nvidia defends its supremacy in AI in the face of growing competition

(MarketScreener with Reuters) - Jensen Huang, Nvidia's CEO, takes to the stage this week at the company's annual developer conference. He will have to defend the dominant position of his group, valued at nearly $3,000bn, as pressure mounts on its customers to limit the costs of artificial intelligence (AI).

March 17, 2025 at 10:14 pm

Rheinmetall expects strong sales growth in 2025 thanks to geopolitical tensions

(MarketScreener with Reuters) - Rheinmetall, a major beneficiary of rising defense spending in Europe, said on Wednesday it expected sales to rise sharply in 2025, fueled by the war in Ukraine and the decoupling of the US and Europe.

March 12, 2025 at 06:19 pm