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2 mins read
France unveils a 15 billion euro rescue package for its stricken aerospace industry
Air France is expected to receive 7 billion euros in aid to support the airline's recovery and help…
Shalini Nagarajan
2 mins read
France and the US have two weeks to reach a compromise over a controversial tax on Google, Facebook, and other digital companies.
The US immediately ordered an investigation into the French law, and ruled that the tax was "unreas…
Bani Sapra
1 min read
G7 countries could team up to shield the global economy from further coronavirus damage
Treasury Secretary Steven Mnuchin and Chair Powell will lead a phone call with other Group of Seven…
Gina Heeb
1 min read
France sees 8% GDP drop this year after lockdown extension
"Each day, each week of confinement... is worsening our public finances," he said, adding that Fra…
PTI
2 mins read
France is banning firms registered in offshore tax havens from its government coronavirus bailout, following similar bans in Denmark and Poland
Companies either registered or which control subsidies in tax havens are ineligible to receive mone…
Bill Bostock
1 min read
EU finance ministers agree coronavirus rescue deal
Brussels, Apr 10 (AFP) EU finance ministers agreed a 500-billion-euro ($550-billion) rescue Thursda…
PTI
2 mins read
France and the EU vow to fight back against Trump's tariffs as one expert sees the 'weaponization of trade'
"What we are seeing is the weaponization of trade and using it for diplomatic purposes," said Neil …
Yusuf Khan
2 mins read
French companies including Amazon are pushing back their Black Friday offers until after the national lockdown so smaller retailers won't miss out on sales
France is delaying Black Friday deals across the country until December 4 to give local businesses …
Grace Dean
2 mins read
France vows to retaliate against latest Trump tariffs on wine and cheese
The Trump administration threatened to levy tariffs of up to 100% on handbags, wine and other produ…
Gina Heeb
2 mins read
French GDP dropped at the fastest rate in history, contracting 14% in the second quarter — the latest European economy to reveal its pandemic pain
Although economists predicted a 15.2% decline, second-quarter figures reflect the painful economic …
Shalini Nagarajan
2 mins read
The biggest banks have poured $3.8 trillion into fossil fuels since 2016. JPMorgan tops the list of contributors, report says
Despite the Paris Agreement, the world's biggest banks have continued to fund fossil fuels. JPMorga…
Sophie Kiderlin
1 min read
The United States' allies warn Trump that terrorists 'would be the only winners' of war with Iran
"There are international conventions in place that prevent the destruction of cultural heritage," a…
Adam Bienkov
2 mins read
Mark Zuckerberg's 'shadow bank': The pushback against Facebook's new cryptocurrency has already begun
Meanwhile, German member of the European Parliament Markus Ferber said the new currency could turn …
Isobel Asher Hamilton,Isobel …
3 mins read
Tech's tax bombshell: Internet giants will have to pay billions more in tax in Europe as regulators demand 'justice'
He told Europe 1 this week that he is optimistic other countries will follow France's lead. "This t…
Isobel Asher Hamilton,Isobel …
3 mins read
EU to agree virus bail-out but not 'coronabonds'
A group including heavyweights Italy, France and Spain has been imploring Germany, Austria and the …
PTI
2 mins read
France is set to bail out its ailing aerospace industry with a rescue package worth billions of euros
As part of the crisis package, a planned investment fund of 1 billion euros is meant to aid private…
Shalini Nagarajan
2 mins read
Top US allies are abandoning Trump and warning ISIS will benefit following the assassination of an Iranian general
"There are international conventions in place that prevent the destruction of cultural heritage," a…
Eliza Relman
2 mins read
10 things you need to know before the opening bell
This is what traders are talking about.
Shalini Nagarajan
2 mins read
French lawmakers are divided over a top minister's call to legalize race statistics for an objective picture of racism
"We're letting speculation go wild," Sibeth Ndiaye wrote in an op-ed arguing that no statistics mea…
James Pasley
2 mins read
Trump and Macron declared a ceasefire on the escalating trade war over France's anti-tech tax
The Trump administration responded aggressively to France's plans for the tax, immediately ordering…