Thomas Barnet

Hermès (briefly) snatches crown from LVMH on Paris Stock Exchange

On the morning of April 15, 2024, Hermès briefly overtook LVMH to become the largest market capitalization on the Paris stock exchange, at around ?246bn. The two luxury goods giants are very close, but Hermès benefited from the sharp fall of LVMH (-5%) after poor Q1 sales at Louis Vuitton.

15 April 2025 at 07:56 pm AEST

Boeing persona non grata in China?

Airbus shares rose on the morning of April 15 on the Paris Stock Exchange after Bloomberg revealed that China plans to freeze Boeing deliveries to its national airlines. This is obviously the latest twist in the trade war between the two countries.

15 April 2025 at 07:41 pm AEST

Publicis confirms annual targets thanks to major contracts

On Tuesday, Publicis confirmed its forecasts for 2025, driven by significant commercial gains and advertising expenditure that is globally stable despite a context marked by global trade tensions.

15 April 2025 at 07:38 pm AEST

Applied Materials takes 9% stake in BE Semiconductor

Applied Materials has announced that it has acquired 9% of the capital of BE Semiconductor Industries (BESI), a Dutch manufacturer of assembly equipment for the semiconductor industry.

15 April 2025 at 07:17 pm AEST

TotalEnergies production tops forecasts in Q1

TotalEnergies forecasts hydrocarbon production at the top end of its range for Q1 2025, with year-on-year growth of around 4%. According to an update published on Tuesday, production should reach 2.5-to-2.55 million barrels of oil equivalent per day (Mboe/d).

15 April 2025 at 05:16 pm AEST

Intel sells control of Altera to Silver Lake

The semiconductor giant is continuing with its refocusing strategy by selling 51% of Altera to Silver Lake. This transaction is designed to strengthen the independence of the FPGA (field programmable gate array) business, while enabling Intel to reinforce its financial position.

14 April 2025 at 11:45 pm AEST

Goldman Sachs sees ounce of gold at $3700 by the end of 2025 (+15%)

Goldman Sachs has raised its forecast for the year-end gold price from $3,300 to $3,700 per ounce. The US bank cites stronger-than-expected demand from central banks and recessionary risks as driving up demand for the precious metal, particularly via ETFs.

14 April 2025 at 07:08 pm AEST

BNP Paribas lowers return on capital for AXA IM transaction

14 April 2025 at 06:17 pm AEST

US producer prices fall despite trade tensions

Producer prices fell unexpectedly in the US in March, weighed on by a sharp drop in energy costs. This easing could be shortlived, however, as import tariffs are likely to rekindle inflationary pressures in the months ahead.

12 April 2025 at 12:11 am AEST

Washington 145% / Beijing 125%

The trade war between China and the USA is flaring up again, rekindling fears about global supply chains and the already fragile balance of the Chinese economy.

11 April 2025 at 08:22 pm AEST

STMicroelectronics shakes up its chips in Italy

On Thursday STMicroelectronics tried to reassure the Italian government of its desire to remain involved in the country, as Rome stepped up its pressure to obtain the departure of its CEO, Jean-Marc Chery. However, investors were not exactly serene.

10 April 2025 at 11:57 pm AEST

A slow start to the year at Michelin

At a conference with investors last night, Michelin announced that its sales for Q1 2025 are expected to fall slightly short of the market consensus, due to greater-than-expected seasonality in the first half of the year.

10 April 2025 at 10:14 pm AEST

Musk challenges Trump on tariffs (Washington Post)

Elon Musk tried in vain this weekend to convince Donald Trump to reverse his new tariff measures, according to the Washington Post, citing two sources close to the matter. The Tesla boss, who is also an advisor to the American president, reportedly engaged in direct exchanges with the latter, without success.

08 April 2025 at 06:01 pm AEST

Oil plummets after China retaliates against US tariffs

China intensified the global trade conflict on Friday by announcing the imposition of additional 34% tariffs on US products, in response to the across-the-board tariff measures decided earlier this week by President Donald Trump. Several asset classes, including black gold, are under pressure.

05 April 2025 at 01:28 am AEDT

Ryanair, Europe's first airline to carry 200 million passengers in a single year

Ryanair carried 200.2 million passengers in its fiscal year to the end of March, a record for a European airline.

02 April 2025 at 09:19 pm AEDT

China extends Cognac investigation and delays sanctions

China has decided to extend its anti-dumping investigation into brandy from the European Union by three months, its Ministry of Commerce announced on Wednesday, thus postponing the date of any definitive sanctions. This decision offers a respite to European exporters; mainly French cognac producers.

02 April 2025 at 09:14 pm AEDT

Activist shareholders step up pressure on companies

Activist investors stepped up their pressure on companies worldwide in Q1 2025, launching more campaigns to demand better performance, according to new data released by Barclays. US companies concentrated the majority of demands, but the trend is global. In Europe, nine campaigns were launched.

02 April 2025 at 06:51 pm AEDT

Capgemini interested in WNS Holdings

A few months after completing its takeover of Syniti, Capgemini could make another acquisition in the US. Reuters has learned that the group is interested in WNS Holdings. However, Capgemini is not the only player in the running.

02 April 2025 at 06:26 pm AEDT

GlobalFoundries and UMC are considering a merger

01 April 2025 at 07:30 pm AEDT

Estée Lauder sued in US for its business practices in China

(Marketscreener.com with Reuters) Estée Lauder will face a lawsuit accusing it of misleading shareholders by concealing its over-reliance on sales via China's grey market, daigou, a Manhattan federal judge has ruled.

01 April 2025 at 07:24 pm AEDT

White House considers executive order to speed up deep-sea mining

(Marketscreener.com with Reuters) - The White House is considering a presidential executive order to speed up the issuance of permits for deep-sea mining, allowing companies to bypass the UN-backed review process, according to information obtained by Reuters.

01 April 2025 at 06:59 pm AEDT