Payment deadlines: the business mediator is alarmed by “shocking” practices

Payment deadlines: the business mediator is alarmed by “shocking” practices

As the end of confinement approaches, the business mediator, Pierre Pelouzet, is worried about the tensions on inter-company credit which could slow down the restart. The crisis committee publishes a list of bad practices that have appeared since the start of the coronavirus crisis. It is one of the 600 files that Pierre Pelouzet receives on his desk every week. In a letter dated April 20, General Electric asked all its subcontractors in the Belfort…

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Covid: the French particularly generous towards associations

Covid: the French particularly generous towards associations

The French have been “sensitive” to the health “emergency” and have massively helped associations specializing in medical research or fighting against poverty, according to France Générosités. In the first half of 2020, donations increased by 22% compared to the first half of 2019, reports the union barometer. Faced with the health crisis due to the Covid, which has severely affected hospitals and accentuated economic inequalities in France, the French have been quick to make a…

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Hospital: the National Assembly approves the budget extension

Hospital: the National Assembly approves the budget extension

The deputies voted on Tuesday evening the 2020 Social Security budget project, which provides for an extension of 300 million euros from next year. One of the measures of the “emergency plan” for the hospital announced last week by the government. This is one of the flagship measures of the “emergency plan” for the hospital announced a week ago by the government. The budget extension of 300 million euros for the hospital from 2020 obtained…

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The AMF on the verge of becoming the policeman of the carbon footprint

The AMF on the verge of becoming the policeman of the carbon footprint

An amendment to article 23 of the Pacte law provides for giving the AMF the responsibility of evaluating and proposing uniform climate-related methodologies. The Autorité des marchés financiers could soon be given a new mission. An amendment to article 23 of the Pacte law (the action plan for the growth and transformation of businesses will soon be debated in public session in the National Assembly) provides for giving it the responsibility of ” [veiller] the…

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Goldman Sachs Doubles Fourth Quarter Profits

Goldman Sachs Doubles Fourth Quarter Profits

Thanks to its trading and advisory activities, the American giant saw its profit more than double in the fourth quarter. For its part, Bank of America more modestly reported Tuesday a less marked drop than expected, but reduced its provisions for bad debts. The good news continues to fall for Wall Street banks. After JP Morgan last week, Goldman Sachs posted a jump in quarterly profit of no less than 153% from the fourth quarter…

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Why life insurance is less attractive to savers

Why life insurance is less attractive to savers

The preferred savings product of the French recorded a negative inflow of 30 million euros. Some households refuse to invest more in unit-linked accounts, increasingly pushed by insurers to respond to negative rates. 2020 will therefore have been the year of the break between the French and life insurance. For the ninth consecutive month of the year, the benefits paid by insurers again exceeded the amounts collected by their networks. According to figures from the…

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