The San Marina shoe brand placed in receivership, announces the company’s lawyer

San Marina had claimed to suffer the backlash of the judgment of the Court of Cassation which forced, last June, the so-called non-essential traders and who had had to keep their doors closed during the confinement of spring 2020, to pay their rents. The Marseille commercial court has decided to place the San Marina shoe … Read more

sharper than expected drop in oil inventories (-3.3 million barrels)

Commercial crude oil reserves fell significantly more than expected last week, according to figures released Wednesday by the US Energy Information Agency (EIA). During the week ended August 26, commercial inventories contracted by 3.3 million barrels, the same as the previous week, while analysts expected a drop of only 950,000 barrels. At 418.3 million barrels, … Read more

consumer confidence climbs in august

US consumer confidence rose in August, helped by a slowing pace of inflation, according to the final estimate released Friday by the University of Michigan. The index stood at 58.2 points, up 13% from July, and well above the 55.3 points forecast by a consensus of analysts. “The rise in consumer confidence is seen across … Read more

Pass of arms between the lawyers of Twitter and Musk on the data to be provided

Lawyers for Elon Musk and Twitter on Wednesday gave an overview of the arguments they could make during the trial to force, or not, the entrepreneur to buy the social network, summoning among other things the recent revelations of a pitcher alert. Elon Musk’s representative tried to convince the judge in charge of the case, … Read more

sharp decline in oil inventories, but demand for gasoline falls

Commercial crude oil reserves fell more than expected last week, according to figures released Wednesday by the US Energy Information Agency (EIA), while gasoline demand also fell to United States. During the week ended August 19, commercial inventories fell by 3.3 million barrels, while analysts expected a decline of 2.5 million. Strategic oil reserves have … Read more

Campari strengthens in the United States with the bourbon brand Howler Head

The Italian beverage group Campari announced on Wednesday that it is strengthening its position in the United States by acquiring a 15% stake in Howler Head and aiming in the medium term for total control of the banana-flavored bourbon brand launched in 2021. An agreement in this sens has been reached with its owner, Catalyst … Read more

Grain and oilseed prices weaken in Europe and the United States

The bullish madness of agricultural raw materials, the prices of which broke records with the war in Ukraine, seems to be weakening: the prices of wheat, soybeans and rapeseed have marked a drop in recent days, in particular because Russian wheat exports appear to be overcrowded. The US Department of Agriculture (USDA) has further reassessed … Read more

Hearing aids soon to be sold without a prescription in the United States

Within two months, the purchase of hearing aids intended for mild to moderate hearing problems will be possible directly in stores without a medical prescription in the United States, the country’s health authorities announced on Tuesday. This approach should make it possible to promote competition between manufacturers, in order to stimulate innovation and bring about … Read more

Geodis strengthens in the United States

Geodis will acquire the American express transport company Need It Now Delivers to strengthen its offer in the United States, the logistics branch of the SNCF announced on Tuesday. Based in New Jersey, Need It Now Delivers operates a domestic road freight network, particularly in the eastern United States. It employs around 2,000 people for … Read more

Consumer Confidence Picks Up in August, University of Michigan Says

Consumer confidence picked up more than expected in August in the United States, due to the improving outlook on the inflation front, which relieves low- and middle-income households, according to the preliminary estimate published on Friday. by the University of Michigan. The index stood at 55.1 points, up 7% from July, and higher than the … Read more