Tesla recalls 675,000 cars

These are the best-selling Model 3 and the luxurious Model S, with “potentially” defective trunks. Electric car giant Tesla to carry out massive new vehicle recall for trunkspotentiallydefective on two models in China and the United States, again raising the question of its reliability. This recall affects 475,000 vehicles in the United States and nearly … Read more

Health insurance aims to save more than a billion in 2023

A dose of prevention and classic tightening of bolts, on fraud or antibiotics: Health Insurance presented Thursday 30 measures to curb its spending to the tune of 1.2 billion euros next year. Still not out of the Covid, the National Health Insurance Fund (Cnam) maintains a savings target half the 2 billion targeted each year … Read more

Google will remove data on family planning visits

After weeks of silence on the subject, Google announced on Friday that users’ location data would be automatically deleted when visiting a clinic specializing in abortions. “If our systems identify that a person has visited an establishment (sensitive)we will delete these location history entries shortly after they are visited”said Jen Fitzpatrick, a vice president of … Read more

Regulator Seeks $1.7 Billion From Cryptocurrency Platform Accused of Fraud

Mirror Trading International (MTI) guaranteed investors potential returns of over 100% per year. The American financial regulatory agency CFTC has sued a South African speculative platform, as well as its manager, and is demanding the return of 1.7 billion dollars deposited in cryptocurrencies by customers. Placed in compulsory liquidation in July 2021, Mirror Trading International … Read more

Life insurance is still full in May

Contributions, or deposits, in life insurance in May amounted to 11.8 billion euros, for 9.9 billion in benefits, or withdrawals, i.e. net inflows of 1.9 billion euros Savings in life insurance in France continued to swell in May with net inflows of 1.9 billion euros, up compared to the same period last year, according to … Read more

Rising rates, a risk for life insurance

In the space of six months, the rate of the French government bond, the 10-year OAT, jumped 2%, from 0.2% in January to 2.15% on Wednesday June 29. 298881620/Drazen – stock.adobe.com Rarely have we seen such violent movements on the bond markets. In the space of six months, the rate of the French government bond, … Read more

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

“Three quarters of cryptocurrencies will disappear”

“Theoretically, bitcoin could drop to zero. But this probability is very low, ”said Julien Maldonato. 284945001/LLUIS – stock.adobe.com MAINTENANCE – For Julien Maldonato, partner at Deloitte, in charge of the financial industry, it is very unlikely that bitcoin will fall to zero. LE FIGARO. – Bitcoin has already lost 57% of its value since the … Read more

Finance: why cryptocurrencies are collapsing

For the first time since the end of 2020, bitcoin fell below the symbolic bar of 20,000 dollars (17,599 dollars) on Saturday. denisismagilov – stock.adobe.com ANALYSIS – Market reversals are commonplace with cryptocurrencies, which alternate up and down cycles. But the current upheavals seem more worrying than usual. The fall seems endless. Since November, the … Read more