Thomas Barnet

Loro Piana (LVMH) placed under judicial supervision for one year for illegal subcontracting

On Monday, the Milan court placed Italian luxury goods company Loro Piana, a subsidiary of the LVMH group, under judicial administration for using subcontractors deemed illegal. It is accused of outsourcing part of its production to Chinese companies involved in worker exploitation.

14 July 2025 at 11:00 pm AEST

Bitcoin, at its peak, breaks through the $121,000 mark

Bitcoin broke through the symbolic $120,000 mark for the first time on Monday, marking a major milestone for the largest cryptocurrency. This surge reflects growing investor enthusiasm, fueled by hopes for long-awaited regulatory reforms in the United States during what has been dubbed "Crypto Week."

14 July 2025 at 06:33 pm AEST

Silly question: which is stronger, Nvidia or Bitcoin?

Here is a free exercise of questionable usefulness, but one that allows you to take snapshots of the market's two favorite risky assets over several time periods.

11 July 2025 at 11:42 pm AEST

Company earnings: key dates for next week

The traditional Q2 earnings season will kick off next week. Who is reporting? When? And what can we expect?

09 July 2025 at 05:45 pm AEST

Capgemini launches $3.3bn takeover bid on WNS

On July 7, Capgemini announced the acquisition of US-listed Indian company WNS for $3.3 billion, marking a major strategic step in its ambition to become a global leader in "intelligent operations." Capgemini took the opportunity to provide some details on its H1 performance, while reiterating its objectives.

07 July 2025 at 05:39 pm AEST

Raw materials: Chinese magnets are making a comeback

The threat of massive paralysis in the global automotive supply chain appears to be receding as rare earth magnets from China begin to flow again. However, manufacturers and their suppliers continue to face ongoing uncertainty and the risk of prolonged shortages.

30 June 2025 at 06:25 pm AEST

Obesity: preserving muscle, the new challenge

(MarketScreener with Reuters) Current weight loss treatments, whether based on lifestyle changes, surgery, or blockbuster drugs such as Novo Nordisk's Wegovy and Eli Lilly's Zepbound, cause fat loss but also muscle loss. This muscle loss, which can increase the risk of falls and weaken the body, is particularly concerning in older people.

20 June 2025 at 12:57 am AEST

Are you one of the everyday millionaires?

Driven by strong financial markets and a strong dollar, global wealth grew by 4.6% in 2024, according to the UBS Global Wealth Report 2025. However, this growth remains unevenly distributed across the world's regions.

18 June 2025 at 11:21 pm AEST

Dassault will assemble Falcon 2000 aircraft in India.

French plane maker Dassault Aviation is teaming up with Reliance Infrastructure to produce Falcon 2000 business jets in India. The announcement was made in a joint statement at the Paris Air Show on Wednesday.

18 June 2025 at 11:02 pm AEST

Interparfums reportedly interested in Coty's luxury division.

Cosmetics giant Coty is looking to divest two pillars of its business, according to industry sources cited Monday by Women's Wear Daily (WWD). France's Interparfums is said to be in the running for the luxury division.

17 June 2025 at 05:22 pm AEST

Gemini and Coinbase set to get European approval

Two global cryptocurrency giants, Gemini and Coinbase, are on the verge of obtaining a license to operate throughout the European Union, according to sources familiar with the matter. These developments come as tensions emerge between European regulators over the pace and rigor of approvals issued by some member states.

16 June 2025 at 07:46 pm AEST

ADNOC launches takeover bid on Australian company Santos

The United Arab Emirates' national oil company, ADNOC, has made a US$18.7 billion bid to buy Santos, one of Australia's leading gas producers. The aim is to strengthen its presence in the global liquefied natural gas (LNG) market.

16 June 2025 at 05:41 pm AEST

Trump is being urged to abandon new tariffs on aircraft

Five countries and the European Union, joined by airlines and aerospace manufacturers worldwide, have urged the Trump administration not to impose new tariffs on commercial aircraft and aircraft parts on national security grounds, according to documents released on Tuesday.

12 June 2025 at 12:25 am AEST

The Pentagon to order fewer F-35s than planned

11 June 2025 at 06:43 pm AEST

The London Stock Exchange at its zenith

The UK's FTSE 100, which has seen 77% of trading days end in gains over the last 40 sessions, is flirting with the record high of 8,871 points reached on March 3 (8,908.82 points during trading).

10 June 2025 at 09:58 pm AEST

Apple, more AI and designs

At its Worldwide Developers Conference, Apple detailed its upcoming strategy for its operating system and implementation of AI in its smartphones. Currently losing momentum, the Cupertino-based company needs to win back the hearts of its customers.

10 June 2025 at 07:53 pm AEST

Trump and Xi spoke on the phone

05 June 2025 at 11:27 pm AEST

The ECB cuts rates for the eighth time in a year

The European Central Bank has cut interest rates for the eighth time in twelve months, a sign that inflation is now under control. However, the institution is taking a more cautious tone on the economic outlook for the eurozone, which has been notably weakened by rising trade tensions with the United States.

05 June 2025 at 11:24 pm AEST

With AI, Meta wants to replace advertising agencies such as Publicis and WPP

Meta is accelerating its transformation into an artificial intelligence giant by targeting the advertising world. According to the Wall Street Journal, the California-based group plans to entrust its entire advertising process—from creation to targeting—to its own AI tools by the end of 2025. This small revolution sent Publicis and WPP shares down on the stockmarket on Monday.

02 June 2025 at 11:03 pm AEST

Is BYD a giant with feet of clay?

Yesterday's spectacular slump in BYD's share price—down 8.6% in Hong Kong—appears to be an alarm bell. Admittedly, the company remains one of the undisputed champions of Chinese electric vehicles, although its commercial offensives are weighing on margins and leading to a price war that is worrying even the Chinese authorities.

27 May 2025 at 05:22 pm AEST

Tesla sales continue their freefall in Europe (-49%)

Tesla's sales in Europe plunged 49% in April 2025 compared to April 2024, even as registrations of 100%-electric cars rose 27.8% over the period, according to data from the European Automobile Manufacturers' Association (ACEA). The update of the Model Y was not enough to restore the image of the American brand, which continues to lose momentum in Europe.

27 May 2025 at 05:10 pm AEST