In a statement French Finance Minister Bruno Le Maire said, Paris will do its best to iron out burrs on the technical parameters for a global tax reform at the next G20 meeting, which aims to change the way large… Read More ›
France
French insurer Axa’s net income surge in first quarter
On Monday, France’s Axa posted a 180% surge in its first quarter net income even as the French insurer rebounded from a spike in pandemic-related claims that led to a $1.8 billion (1.5 billion euro) charge in 2020. In a statement… Read More ›
Travelers from France into Britain will have to quarantine: British Health Ministry
In a significant development Britain said, it is doing away with the planned easing of coronavirus rules for travelers from France, which was scheduled to take effect from Monday, because of the continued presence of the Beta variant of the… Read More ›
Britain to end quarantine restrictions for fully vaccinated travelers from medium risk countries
In a significant development, British transport minister Grant Shapps said, London will share the details of a plan which aims to do away with quarantine for fully vaccinated travellers who return from medium risk countries. The potential move will boost… Read More ›
French banking giant BPCE diversifies revenue streams, increases focus on ESG in profit push
On Thursday, France’s BPCE, which is in the process of delisting its Natixis investment banking arm, announced plans to boost its revenues by 2024 by partly increasing its focus on sustainable investing. It expects the move to generate additional revenues… Read More ›
Formats other than EU-Russia summit will be explored: German Chancellor Angela Merkel
Leaders from the European Union failed to agree on a proposal led by France and Germany to hold a summit with Russian President Vladimir Putin. Baltic countries along with Poland opposed the move saying it would send the wrong message…. Read More ›
EU aims for summit with Russia, exit negative spiral in relations
On Thursday, leaders from the European Union said, they are weighing options which include seeking a summit with Russian President Vladimir Putin as part of a strategy to manage relations with Moscow and exit the current “negative spiral”. On Wednesday,… Read More ›
Governor of Lebanon’s cenral bank under suspected money laundering investigation
In a report, Agence France-Presse said, French prosecutors have started a preliminary investigation into suspected money laundering operations by the governor of Lebanon’s central bank. Riad Salameh has come under investigation for conspiracy and organised money-laundering, said the report citing… Read More ›
French economy to return to pre-COVID levels by Q1 2022: French Finance Minister Bruno Le Maire
The French economy will return to pre-COVID 19 levels by the first quarter of 2022, said Finance Minister Bruno Le Maire in an interview to JDD, a weekly. A return in investments and spending is laying the groundwork for the… Read More ›
French digital music firm Believe set to list in Paris stock exchange
On Friday, according to a book runner for French digital music firm Believe said, books for the IPO of the firm are fully covered. The company is planning to list in Paris with a target valuation of 1.9 billion to… Read More ›