Eloi Suinot

Results preview: Legrand accelerates

Taking the pulse ahead of the results. The electrical infrastructure specialist's interim results will be published on 31 July. Yet the first signs are clear: Legrand is continuing the momentum of Q1 and is now targeting double-digit growth.

July 17, 2025 at 03:21 pm IST

When volatility boosts US banks

As usual, US financials have kicked off the earnings season. After JPMorgan, Citigroup, and Wells Fargo yesterday, it was the turn of Bank of America, Goldman Sachs, and Morgan Stanley on Wednesday. These releases often set the tone.

July 17, 2025 at 02:12 pm IST

Record highs for BlackRock, despite a major institutional acquisition

After fueling concerns about the economy amid trade tensions, Larry Fink, CEO of the world's largest asset manager, today presented robust results. One question mark remains, however: the departure of a massive institutional client.

July 16, 2025 at 07:27 pm IST

How did Indonesia go from 32% to 19% customs tariffs?

In 2024, Indonesia had a trade deficit of $17.9bn. Compared to its neighbors, this figure remains reasonable, even though it is amongst the highest in the world. After receiving a letter notifying it of a 32% tariff on all its exports to the US, Jakarta finally managed to reduce this to 19%.

July 16, 2025 at 06:53 pm IST

Rare earths: Apple joins the industrial front supported by the Pentagon

Apple has just signed a $500m contract with MP Materials to secure a supply of rare earth magnets… without going through China. A reliable supply chain comes at a price, and Apple is willing to pay this. The deal also discreetly brings the Californian giant closer to Washington on a highly strategic issue.

July 16, 2025 at 03:46 pm IST

A Scandinavian consortium acquires Dalata for EUR1.4bn

A consortium involving three Scandinavian companies has made a takeover bid for Dalata, Ireland's largest hotel operator, for EUR1.4bn. Pandox is continuing to specialize in asset ownership and long-term leasing.

July 15, 2025 at 07:34 pm IST

Mexican tomatoes: Made in the USA or higher prices, the Trump dilemma

When Donald Trump promises to renegotiate all trade agreements, he does not mince his words. The US has recently announced the end of the agreement with Mexico on the minimum price for Mexican tomatoes, immediately replaced by a 17.09% tax on these same tomatoes, which account for 70% of US consumption.

July 15, 2025 at 07:26 pm IST

BMW stands firm faced with pressure from China and the US

h1On July 31, BMW will unveil its H1 results. Ahead of this, the manufacturer has spoken to analysts about its performance in the first half of the year and the changing business environment. The group is resisting better than its competitors, thanks to the strength of the Mini and the European market.

July 11, 2025 at 07:30 pm IST

Barry Callebaut: market instability still weighing on the group

The world's largest chocolate maker continues to disappoint. Barry Callebaut has once again lowered its annual forecasts for the third consecutive quarter. Also, the decline in cocoa prices is not reflected in its results.

July 11, 2025 at 12:39 pm IST

Autodesk considering taking over competitor PTC.

There industrial software sector continues to concentrate. According to Bloomberg, Autodesk is considering the acquisition of its competitor PTC, which, like Autodesk, specializes in 3D design and modeling software for industrial use.

July 10, 2025 at 02:53 pm IST

Politicians are businesspeople… and vice versa

The revolving door, or the transition from the political sphere to the private sector, illustrates the growing blurring of lines between regulators and the regulated. This phenomenon has taken on a new dimension with the rise of consulting firms and digital giants.

July 10, 2025 at 01:29 pm IST

"The List" : the super AI team that Zuckerberg wants to buy

Frustrated by Meta's delays in artificial intelligence, Mark Zuckerberg has taken back control. He has launched a new group, Meta Superintelligence Labs (MSL), and is personally leading the recruitment drive with sky-high salaries on offer. To regain the lead in the race for general artificial intelligence, he is poaching executives from his competitors.

July 09, 2025 at 05:40 pm IST

Macron-Starmer: the beginning of a honeymoon on the ashes of Brexit

A new European couple? Perhaps. One thing is certain: Emmanuel Macron is on a state visit to the UK, the first for a French president since 2008. This is a strong signal at a time when leaders are counting on a united Europe. Long strained by Brexit, Franco-British relations are improving. But not everything has been repaired yet.

July 08, 2025 at 07:50 pm IST

Risk premiums don't lie: Italy's is improving, France's is deteriorating (again).

On Friday, Italian 5-year yields fell below those of French OATs. This is a first in two decades. Once considered the sick man of the European Union, Italy is now enjoying increased confidence. The question is no longer whether the same shift will occur on 10-year maturities, but rather when.

July 08, 2025 at 07:27 pm IST

IPOs: Hong Kong is on the rise, and it's here to stay

Initial public offerings soared in Hong Kong in the first half of 2025. With a record $13.9bn raised, the financial center outperformed the Nasdaq ($9.2bn), the NYSE ($7.8bn) and Shanghai ($4.5bn). It alone accounted for 25% of the total amount raised worldwide.

July 07, 2025 at 08:19 pm IST

What is the BRICS project? A fragmented group whose strength lies in its diversity

Once referred to as "emerging economies," the BRICS+ now carry more weight in the global economy than the G7. Long relegated to the sidelines, these countries of the Global South have established themselves as a counterweight to the West. As their annual summit ends in a tense atmosphere, it is time to take stock of this rapidly changing bloc.

July 07, 2025 at 06:52 pm IST

Alstom wins big contract in US worth EUR2bn

The French rail giant is strengthening its presence across the Atlantic with a major new contract. Alstom will deliver more than 300 cars to serve the New York suburbs, worth EUR2bn.

July 04, 2025 at 07:13 pm IST

TripAdvisor: what does Starboard Value's arrival in the capital mean?

Activist fund Starboard Value has announced that it has acquired a 9% stake in the travel group TripAdvisor. The announcement caused an immediate surge, a sign that investors are expecting positive changes. But what can we hope for from this arrival, for a stock that has been losing momentum over the past one, three, five, and ten years?

July 03, 2025 at 08:06 pm IST

AI Act: an ambitious law with an uncertain implementation

The world's first legislative framework for artificial intelligence, which was welcomed when it was adopted, is now reaching a crucial stage in its implementation. However, the EU is dithering over how to implement it. The changing political context and pressure from the tech industry are clouding the timetable. The EU has a unique opportunity to assert its vision of ambitious digital regulation.

July 03, 2025 at 07:29 pm IST

Aviva launches a leading personal insurance provider in the UK

The landscape of personal insurance is continuing its transformation. The UK competition authority has given the green light to Aviva's £3.7bn takeover of Direct Line.

July 02, 2025 at 08:38 pm IST

The United States slows down arms deliveries to Ukraine

The White House has announced a reduction in arms deliveries to Ukraine, citing the need to "put America's interests first," according to a statement released to news agencies.

July 02, 2025 at 07:31 pm IST