Mario Draghi’s ultimate meeting as president of the European Central Bank has opened a hectic final chapter for his term. He looks set to complete his period in office as he has often had to govern: in the midst of a political debate initiated by actions he thought necessary to preserve the health of the eurozone. The European Central Bank has announced its biggest package of rate cuts and economic stimulus in three […]
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Since his first steps as Prime Minister, Boris Johnson has been determined to put no-deal Brexit on the negotiation table with the EU. This strategy, showing serious strength and determination about leaving on the 31st of October, has one goal: remove or tweak the Irish backstop policy. The Irish backstop is to prevent the return of a hard Irish border if no free trade agreement between the UK and the EU has been […]
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Capgemini is without a doubt one of the most beautiful French success stories of the past 25 years. Created in 1967 by Serge Kampf, under the name of Sogeti, Capgemini has risen in over 50 years to become the undisputed leader in France for services and software engineering. From 27,000 employees a little over 20 years ago, Capgemini is expected to reach a little over 250,000 employees by the end of the year… […]
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Casino recently held its shareholders’ meeting and confirmed its strategic priorities for the coming years: organic products, Latin America and the cash and carry format (wholesaling to individual customers). As usual, investment funds were particularly keen to hear what Casino had to say. They are always quick to question the group’s debt reduction strategy and sometimes play the aggressive pessimism card for the purposes of financial speculation. Latin America: a crucial market for […]
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Chinese president, Xi Jinping, visited Rome on Friday 22nd March to sign various agreements with Italy’s government as part of the New Silk Road project (also known as the Belt and Road Initiative, or BRI). The deal with Italy finally gives this huge continental investment programme the legitimacy it was lacking. Mr Salvini’s government has taken a historic decision by making Italy the first G7 country to consider borrowing from China’s bond market. […]
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On 15th February the Wall Street Journal reported that Japan’s government had intervened in talks at Renault-Nissan about the possibility of merging the two groups. This raises questions about Tokyo’s role in what several analysts consider to be an attempt to thwart Renault’s plans. Renault-Nissan: an industrial alliance but still a power struggle After being arrested on 19th November 2018, Carlos Ghosn insisted on 30th January 2019 that he was a victim of […]
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Huawei is becoming a symbol of the economic power struggle between China and America to exert control over new information and telecommunications technology. The Wall Street Journal reported on Wednesday that the Chinese group, the world’s leading manufacturer of telecommunications equipment, is under criminal investigation by US federal prosecutors. The prosecutors suspect Huawei of having stolen technology and commercial secrets on several occasions from its US business partners. That same day, senators submitted […]
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