PARIS - Combined profits of companies listed on the CAC 40, the leading Paris stock exchange index, rose 41.50% in the first half of the year, boosted by the financial and energy sectors, according to an AFP tally released on Friday, July 31. Meanwhile, the planet is burning, inequality is deepening, and French companies are funding illegal settlements in the West Bank.
While France faces one of the worst fire seasons in its history due to climate change and inequality continues to deepen with record poverty rates, the largest French companies keep getting richer. According to an Agence France-Presse tally released on Friday, July 31, combined profits of companies listed on the CAC 40, the leading Paris stock exchange index, rose 41.50% in the first half of the year. For 38 of the 40 companies that published their half-year results, profits...
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