The chilling warning to French businesses

Published

2 years ago

August 30, 2022

The energy crisis has hit France

Businesses in France have been given a stark warning to cut their power usage amid the risk of widespread winter energy shortages following Russia’s invasion of Ukraine.

The French Prime Minister is now warning company bosses about the risk of energy rationing this coming winter.

She says the government is now drawing up contingency plans, including a “quota trading system” that will enable companies to buy and sell power quotas.

France is more sheltered than many European countries from the surge in gas prices thanks to its fleet of 56 nuclear reactors.

However, 32 are currently offline due to routine maintenance.

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

July 19, 2024

ticker NEWS

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

July 18, 2024

ticker NEWS

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

July 18, 2024

ticker NEWS

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.