Economic activity picks up very slightly as deconfinement approaches

Economic activity picks up very slightly as deconfinement approaches

The loss of activity during the health crisis would be of the order of 33%, instead of 36% estimated on April 9, INSEE said Thursday. The very gradual recovery in industry and construction dampened the shock somewhat. Business leaders expect their investments to fall by 7% this year. Step by step, economic activity is deconfining. With the approach of May 11, date on which the restrictions on the travel of the French will be relaxed,…

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Washington about to complete its investigation into the Paris Gafa tax

Washington about to complete its investigation into the Paris Gafa tax

The Trump administration said on Wednesday that it will publish the results of its investigation into the French tax on the turnover of large digital platforms next Monday. The Minister of the Economy, Bruno Le Maire, would find it “incomprehensible” that Washington is in favor of sanctions, while an agreement at the OECD is close. Paris holds its breath. Washington announced on Wednesday that its investigation into the French taxation of digital giants “Was about…

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The development of SRI hampered by the lack of harmonization of methods

The development of SRI hampered by the lack of harmonization of methods

In France, conviction-based SRI drives the socially responsible investment market. The lack of harmonization of environmental, social and governance (ESG) criteria would be the main obstacle to the engagement of investors and companies in this area. This is one of the conclusions of the East and Partners study, commissioned by HSBC, on the sustainable development strategies of 1,731 issuing companies and institutional investors. According to this study, 61% of investors and 48% of issuers worldwide…

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Real estate credit: banks are demanding an ever higher contribution

Real estate credit: banks are demanding an ever higher contribution

The contribution required to obtain a mortgage increased “dramatically” last year, according to L’Observatoire Crédit Logement / CSA. Banks were claiming 16.4% of the total loan amount at the end of last year, up from 13.7% in 2020. The effects of the crisis are starting to be felt in the mortgage market. In its latest observatory, published Tuesday, Crédit Logement / CSA observed a real drop-out of the most modest households. The latter fail to…

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Six major investors claim 30% of women in management bodies

Six major investors claim 30% of women in management bodies

Several studies show that as soon as there are 30% of women on executive committees, company performance improves. Six large management companies representing more than 3 trillion in assets under management are calling on companies to have an action plan to achieve this ratio of women in their management bodies by 2025. In 2020, women represent only 21% of positions in management bodies. It is three times more than in 2009 certainly, but still insufficient…

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