Google ordered to pay 245 million dollars to an individual for “moral damage”

Google was ordered in Mexico to pay nearly $245 million for “moral prejudice” to an individual, the American search engine giant said on Friday, June 17, announcing its intention to appeal. Read also125 American newspapers attack Google and Facebook Google was ordered on June 13 to pay five billion pesos in favor of lawyer Ulrich … Read more

Zurich Insurance sells life insurance business in Germany

The Swiss insurer Zurich Insurance has signed an agreement with the German insurance portfolio manager Viridium to sell it life insurance activities in Germany, it announced on Friday. Read alsoZurich Insurance withdraws from Russia by reselling its activities to its local team Transfer of reserves of 20 billion dollars The sale of these activities, which … Read more

Insurers call for better prevention of cyber risks

Florence Lustman, President of France Assureurs. Vincent Isore/Vincent Isore/IP3 Reelected head of the insurance federation for three years, Florence Lustman wants to restore the image of the sector. A new mandate and new challenges. Florence Lustman was reappointed Thursday at the head of the former French Federation of Insurance Companies, renamed France Assureurs. She was … Read more

Tesla stumbles on Wall Street after reports of possible workforce cut

Saying to have “a super bad feeling about the economy”his boss Elon Musk would have mentioned in an e-mail the need to cut 10,000 jobs. Shares of electric car maker Tesla fell on Wall Street on Friday (June 3) after news reports of an email from Elon Musk mentioning the need to cut the company’s … Read more

Tesla rakes in record $5.5 billion profit in 2021

Elon Musk’s group managed to boost its shipments by 87% last year despite the shortage of semiconductors and supply problems. Tesla, benefiting from the craze for its electric vehicles, made a record $5.5 billion profit in 2021, but warned that problems with its supply chain could linger throughout the year. Read alsoThe irresistible rise of … Read more

Teslas involved in 273 accidents in the United States

In total, Tesla models were the subject of nearly 70% of the reports of the 392 accidents listed, for almost all between July 2021 and mid-May 2022, according to the NHTSA. Tesla-branded vehicles equipped with self-driving software have been involved in 273 crashes in the United States, according to a report released Wednesday by the … Read more

Bitcoin plunges to its lowest since late 2020 in a worried market

The bitcoin dive again raises questions about the value of this ever-changing virtual currency. Bitcoin plunged to its lowest level in 18 months on Monday in a market without risk appetite, also suffering from the suspension of withdrawals on the Celsius investment platform. Read alsoAccused of ‘environmental disaster’, bitcoin industry seeks to go green While … Read more

Tesla wants to divide its share by three to attract employees and small shareholders

Other stock market giants, such as Amazon, whose stock has exploded recently, have carried out similar operations. The electric vehicle manufacturer Tesla will split its share on Wall Street by three to make the title more accessible to its employees and small shareholders, thus imitating several big names in tech. The company led by Elon … Read more

La Banque Postale succeeds in its takeover bid for CNP Assurances

La Banque Postale already held just over 85% of the capital of CNP Assurances. La Banque Postale holds more than 97% of the shares of CNP Assurances at the close of the takeover bid launched on May 2, announced the Autorité des marchés financiers (AMF) on Friday, paving the way for the insurer to be … Read more

La Banque Postale succeeds in its takeover bid for CNP Assurances

La Banque Postale already held just over 85% of the capital of CNP Assurances. La Banque Postale holds more than 97% of the shares of CNP Assurances at the close of the takeover bid launched on May 2, announced the Autorité des marchés financiers (AMF) on Friday, paving the way for the insurer to be … Read more