In a landmark moment for Europe’s push towards climate focused financing, investors lapped up Germany first-ever green bond. Germany has raised 6.5 billion euros from the 10-year bond after investors queued up for over 33 billion euros. “With today’s issue… Read More ›
France
Wearing a mask in shared spaces, including office and factories is mandatory from Sept. 1: French Labour Ministry
In a significant development, France’s Labour Ministry stated, the French government plans on making wearing a mask compulsory in the vast majority of workplaces from September 1, 2020, as one of the measures to mitigate the resurgence of the COVID-19… Read More ›
Bruno Le Maire to take stock of French automotive industry this week
On Monday, French Finance Minister Bruno Le Maire stated, he would be holding new meetings later this week with representatives of the country’s automotive industry which has been hit hard by the coronavirus. In an interview to BFM Business radio… Read More ›
Activist investor Amber Capital set for showdown with French publishing giant Lagardere
On Tuesday, activist investor Amber Capital is set to face one of its biggest test in its high-stakes bid to shake up governance at media and publishing firm Lagardere. Shareholders are set to vote as they attempt to revamp the… Read More ›
China owes Germany at least £130 billion for coronavirus damages: Germany’s Bild newspaper
Germany has followed, France, UK and the United States in their search to find the source of the coronavirus following the virus going pandemic and imposing a humongous economic cost on the global economy. Bild, a major German newspaper has… Read More ›
France announces $120.6 billion package to support economy during coronavirus pandemic
On Wednesday, the French government hiked the expected cost of measures required to support the economy though the coronavirus crisis to $120.6 billion (110 billion euros), said French finance minister Bruno Le Maire. “We are going to go from 45… Read More ›
France earmarks $21.7 billion for corporate bailouts of public & private companies
On Friday, French Finance Minister Bruno Le Maire stated, the French government has allocated $21.7 billion (20 billion euros) for helping big companies shore up their capital reserves. “We’ve decided to put credit on the fund, to put 20 billion… Read More ›
Toyota extends factory shutdown in Europe till April 20
On Monday, Toyota Motor Corp said, it will be extending a suspension of production at its factories in Europe with the exception of Russia until further notice. A restart of operations could potentially start after April 20. Following the Wuhan… Read More ›
Alstom SA nears deal to acquire Bombardier Inc’s train unit
According to a source familiar with the matter at hand, France’s Alstom SA is close to clinching a deal to acquire Bombardier Inc’s train business. An announcement could come as soon as Monday, said the source while adding that the… Read More ›
French port town Calais floating in post-Brexit duty free dreams
Authorities in Northern France, in the port town of Calais are lobbying the French government to create a duty-free zone which covers the entire town if a future trade deal between the EU and France trturns to trade tariffs. Calais’s… Read More ›