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Capital Raising & Corporate Finance

LVMH Tops $500 Billion Market Cap

In April, LVMH reported a 17% year-over-year increase in first-quarter revenues, more than twice what analysts expected.

Features

CFO Corner: Q&A With Lamborghini’s Paolo Poma

Automobili Lamborghini's CFO Paolo Poma explains to Global Finance how his unusual career path from engineering to the C-suite prepared him to lead the company in an era of tighter credit conditions.

Banking

Credit Suisse Battles $160 Million Fraud Trial

This credit-crisis legacy issue sits among the raft of allegations of fraud and other misconduct surrounding Credit Suisse’s descent into cultural failure, which UBS management claims it will now be rooting out.

Economics, Policy & Regulation

Germany: Last Nuclear Plant Shut Down

Germany's closure of its last nuclear power facilities amid potential energy shortages and rising prices due to the end of gas and oil imports from Russia.

Technology

Italy Temporarily Bans ChatGPT

French, German and Irish regulators contacted their Italian colleagues to better understand the basis of the temporary ban.

Economics, Policy & Regulation

France: Macron Pushes Through Pension Overhaul

The 2023 Social Security Financing Adjustment Law raises the retirement age from 62 to 64, with a requirement that the retiree has worked at least 43 years; otherwise, workers must wait until they turn 67.
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