Author: Euronews

French companies are buying back their shares like never before. Reportedly, the French government is planning to tax these buybacks. ADVERTISEMENTHeavy-weight French companies with very large profits spent a record €33 billion last year buying back their shares from shareholders. What is a share buyback and why is it good for the company?What happens is that, rather than rewarding shareholders by paying them dividends, a company can choose to have similar results through share buybacks. When the company buys back shares, the stock price goes up because of the increased demand in the market, ensuring that the remaining investors’ investments increase…

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Nine people charged with terrorism in connection with an alleged far-right plot to topple the German government went on trial on Monday in one of three linked cases. ADVERTISEMENTThe trial – which opened on Monday in Stuttgart – is the first to open in relation to the purported conspiracy, which came to light in late 2022. It is focused on those defendants of the Reich Citizens group who allegedly were part of its so-called military arm, German news agency dpa reported.Federal prosecutors in December filed terrorism charges against a total of 27 people, one of whom has since died.Nine other…

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The EU needs mass-market adoption of electric cars in all states to achieve Europe’s ambitious CO2-reduction targets but lacks the public charging infrastructure to meet them, according to a new report. ADVERTISEMENTThere is an alarming gap between the current charging infrastructure and that of necessary to reach the climate targets of Europe by 2030, according to a study by the European Automobile Manufacturers’ Association (ACEA). Electric cars sales have sped up in the past years, increasing 18-fold between 2017 and 2023 and three times faster than charging point installation in the same period, said the ACEA report. However, installing charging stations has to speed up…

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Critics of the so-called ‘Russian law’ say it undermines democracy and could derail the country’s chances of joining the European Union. ADVERTISEMENTThousands of people have been out on the streets of the Georgian capital Tbilisi as the country’s parliament debated the second reading of a highly controversial transparency law.With public antipathy toward the so-called “Russian law” running high, police were sent to forcibly disperse the demonstrators. Tear gas and stun grenades were used against the crowd, while several protesters were arrested and beaten – among them leading opposition politician Levan Khabeishvili, who was shown on TV with serious facial injuries. The…

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