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Economy

SoftBank Group Faces Significant Losses in Q3 Amid AI Stargate Project Development

SoftBank Group reported a substantial loss of 369.16 billion yen for Q3 of fiscal year 2024-2025, primarily due to underperforming investments in its Vision...

Ginette Moulin, Owner of Galeries Lafayette Group, Passes Away at 98

Ginette Moulin, the influential matriarch of the Galeries Lafayette Group, passed away at 98, leaving behind a significant legacy in business and the arts....

France Aims for Leadership in Military AI Applications by 2025

France is positioned as a significant player in military AI, ranked in the 'second circle' behind the US and China. At a recent AI...

Ecuador’s Outgoing President Advances to Second Round Against Left-Wing Challenger – 11/02/2025 at 01:03 – Boursorama

Ecuador's presidential election is highly competitive, with current President Daniel Noboa holding a narrow lead over leftist candidate Luisa Gonzalez as votes are still...

Communist Vietnam’s “Revolution”: Streamlining Public Sector by Cutting 20% of Jobs – October 2, 2025

Vietnam's National Assembly is initiating a major public sector reform aimed at reducing employment by 20% over five years, restructuring its administrative framework by...

Belarus Tech Sector Endures Amid Repression, Sanctions, and Exodus – 09/02/2025 at 11:01 – Boursorama

Belarus's tech sector is in crisis due to the mass exodus of IT professionals spurred by political repression and the country’s support for Russia's...

Baltic Nations Cut Ties with Russian Power Grid, Mitigating Blackmail Threats – 08/02/2025 at 10:26 – Boursorama

Lithuania, Latvia, and Estonia have achieved a crucial step towards energy independence by disconnecting from the Russian electricity grid, a process accelerated by the...

Countries Prohibiting DeepSeek: The Role of Artificial Intelligence in Global Regulations – 07/02/2025 at 09:19 – Boursorama

The emergence of the R1 chatbot by Chinese startup DeepSeek has disrupted the tech industry, challenging American competitors at a lower cost. Despite its...

Social Housing Initiative Aims for 100,000 New Builds by 2025

The Ministry of Housing and the HLM movement aim to construct 100,000 social housing units by 2025, addressing the housing crisis through a comprehensive...

Bank of England Revises Growth Predictions Amid Trump Concerns – 06/02/2025 at 16:26 – Boursorama

The Bank of England unexpectedly reduced its key interest rate to 4.5% amid economic uncertainty and downgraded growth forecasts, reflecting concerns over global trade...

Assembly Limits Land Rights in Mayotte Following Budget Discussions Amidst Intense Debates – 06/02/2025 at 21:30 – Boursorama

The recent passage of a bill tightening soil rights in Mayotte sparked intense debate in the assembly, marked by suspensions and heated exchanges. Justice...

Bank of England Lowers Growth Projections Amid Trump Concerns – 06/02/2025 at 16:26 – Boursorama

On Thursday, the Bank of England cut its key interest rate to 4.5% amid economic difficulties exacerbated by U.S. tariff threats. This marks the...

Honda and Nissan Merger Plans on the Brink of Abandonment, Awaiting Final Announcement – 06/02/2025 at 08:09 – Boursorama

Nissan has opted to end merger talks with Honda due to unacceptable terms proposed by Honda, which were seen as a challenge to Nissan's...

Renault CEO Justifies High Salary Amidst 60-80 Hour Work Weeks to Lawmakers

Luca de Meo, CEO of Renault, faced scrutiny from French deputies regarding his substantial salary amid concerns over the future of the Brittany foundry...

Conforama Alerts Customers to Potential Data Breach Following Online Information Sale

Cybersecurity threats targeting Conforama have come to light, including a suspicious dark web advertisement claiming to offer a database of over 9 million customers'...

South Korea’s Journey of a Former Shopping Addict: The Inspiring Story Behind a Down Jacket

Lee So-yeon, a former fashion addict from South Korea, transformed her consumer habits after a low-cost down jacket led her to explore the harsh...

Immigration Trends 2024: Increasing Residence Permits and Expulsions Amid Declining Asylum Applications – April 2, 2025

The 2024 immigration report for France highlights an increase in residence permits and expulsions, with a notable 26.7% rise in deportations totaling 21,601. While...

Negotiations at the UN for Developing Nations on Taxing the Wealthy: A Historic Moment Without U.S. Involvement – 04/02/2025 at 13:16 – Boursorama

Concerns have arisen over a proposed universal tax cooperation convention aimed at ensuring fair taxation for multinationals, with the U.S. withdrawing from discussions. Jonathan...

Estée Lauder Faces Challenges: Plans to Cut 5,800 to 7,000 Jobs Amid Stock Market Decline

Estée Lauder plans to eliminate 5,800 to 7,000 jobs by 2026 as part of a strategy to address declining global sales and restructuring challenges....

Government Prioritizes Other Issues Over Housing Crisis, Report Claims – 03/02/2025 at 21:36 – Boursorama

Concerns are rising over stagnant housing policies in 2024, with increasing homelessness and inadequate living conditions highlighted in a recent report. The Foundation for...
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