Category: France Market

Instantly update and podcast France Market News and Analysis from varies financial media and provide a sitemap with financial news summary & link to latest France Market News for the one who wanted to catch up France Market change in timely manner.

France, China should join forces to meet challenges for good of humanity, experts say

A mother and her children take a walk at the Trocadero Square near the Eiffel Tower, in Paris, France, Nov. 16, 2020. (Xinhua/Gao Jing) – Europe, including France, should strengthen cooperation with China to meet challenges for the good of humanity. – France and China share special responsibilities in many fields. PARIS, Feb. 28 (Xinhua) — After…

France and Germany to require COVID-19 test for some border crossings

PARIS — France and Germany have agreed that people crossing the border between the French region of Moselle and Germany will have to have proof of a negative COVID-19 antigen test in the previous 48 hours, French Europe Minister Clement Beaune said on Sunday.The French government was eager to keep travel restrictions limited at the border, which…

Under shareholder pressure, Danone takes step to sell Chinese asset

PARIS — Danone said on Sunday it was taking a first step towards selling off its stake in its Chinese dairy partner as the French food group faces pressure from shareholders to improve its performance and governance.Danone said in a statement that following a review of its portfolio it had reached an agreement to convert its indirect stake in China…

Europe less at risk of inflation, rate fears – analysts

PARIS: Investors are watching inflation carefully, worried that a boiling over of prices will ruin the expected strong pandemic recovery although analysts believe Europe faces much less of a risk than the United States.Fears that US President Biden’s $1.9 trillion stimulus plan — which was passed by the House of Representatives on Saturday —…

Germany limits travel from French region over virus variant

BERLIN (AP) — Germany announced Sunday that travelers from France’s northeastern Moselle region will face additional restrictions due to the high rate of variant coronavirus cases there.Germany’s disease control agency, the Robert Koch Institute, said it would add Moselle to the list of “variant of concern” areas that already includes countries…

Newspaper photographer attacked, seriously hurt in France

PARIS (AP) — Authorities in France have opened an investigation for attempted murder after a news photographer was attacked and seriously injured while reporting on a suspected outbreak of youth violence, his newspaper said. The newspaper L’Union said Sunday that Christian Lantenois, 65, was in a serious but stable condition at a hospital in Reims…

Analysts: Europe less at risk of inflation and rate fears

After having slowed considerably in 2020, inflation is expected to rise this year in Europe. — Reuters picSubscribe to our Telegram channel for the latest updates on news you need to know.PARIS, Feb 28 — Investors are watching inflation carefully, worried that a boiling over of prices will ruin the expected strong pandemic recovery although analysts…

No business like shoe business: LVMH-backed tycoon buys Birkenstock

Issued on: 27/02/2021 – 16:15 Veteran French businessman Bernard Arnault has emerged as the soul behind the multibillion euro purchase of the family-owned German sandal maker Birkenstock. Advertising Read more Arnault’s family holding fund Financière Agache and L Catterton, an equity firm co-founded by his LVMH luxury goods empire,…

France looks to summer deal with US tech giants over digital tax

Issued on: 27/02/2021 – 14:38 French finance chiefs expect a deal over a digital tax for tech giants such as Google, Amazon, Facebook and Apple, known as the “Gafa”, to be reached before the end of the summer after the new administration in the United States withdrew one of the key stumbling blocks in the discussions.   Advertising Read…

France says global tax deal in reach after U.S. move

PARIS — An agreement on the overhaul of cross-boarder corporate tax rules is within reach by a summer deadline now that Washington has dropped a proposal that could let U.S companies opt out of the future deal, French Finance Minister Bruno Le Maire said on Friday after a meeting with G20 counterparts.U.S. Treasury Secretary Janet Yellen on Friday…

Minimum wage hike to be dropped from US Covid-19 relief plan

Issued on: 26/02/2021 – 14:56 A top US Senate official has ruled that a proposed minimum wage hike must be dropped from the American Rescue Plan. Democrats are trying to speed the $1.9 trillion relief bill through Congress. Meanwhile in Australia, Facebook has ended a week-long media blackout and has tentatively signed deals…

U.S. Treasuries’ selloff give European stocks an edge

The selloff in U.S. Treasuries may finally give the bourses of Frankfurt, Paris or Milan a decisive edge for 2021 after five straight years of underperformance against Wall Street.What has changed from the previous years is that the 10-year U.S. yield, at roughly 1.5%, now matches the dividend yield of the S&P 500.That means a risk-free U.S. government…

Investment funds turn up heat on Danone to name new CEO

Breadcrumb Trail Links PMN Economy PMN Business Author of the article:Publishing date: Feb 26, 2021  •  2 minutes ago  •  < 1 minute read  •  Join the conversationPARIS — U.S. investor Artisan Partners on Friday joined activist firm BlueBell Capital Partners in urging French food group Danone …

Covid-19 pandemic pushed French economy into worst recession since World War II – report

Coronavirus-related economic and social restrictions led to a “historic” drop of 8.2 percent in French GDP in 2020, data by the National Institute of Statistics and Economic Studies (INSEE) shows. Previously, the institute assumed that the decline would be 8.3 percent.It said in a report, issued on Friday, that “On average in 2020, the economic…

Insurer Axa ordered to cover Marseille restaurant’s pandemic losses

Issued on: 25/02/2021 – 21:51 A French appeals court has ordered insurance giant Axa to pay a restaurant’s losses during the pandemic. It’s the first such ruling at the appeals level and one that could set the stage for thousands more payouts. Also in the show: the UK sees a boom in holiday bookings as the country prepares to allow international…

Spot prices rise as German wind power plummets

PARIS — European spot electricity prices for Monday delivery rose on Friday as power generation from German wind turbines is expected to tumble.* The price of over-the-counter baseload for Monday delivery in Germany added 12.3% to 54 euros ($65.56) a megawatt hour (MWh) at 0945 GMT.* The French Monday contract was untraded with a bid-ask range between…

France February preliminary CPI +0.4% vs +0.3% y/y expected

Latest data released by INSEE – 26 February 2021Prior +0.6%CPI -0.1% vs -0.3% m/m expectedPrior +0.2%HICP +0.7% vs +0.5% y/y expectedPrior +0.8%HICP 0.0% vs -0.3% m/m expectedPrior +0.3% French inflation beat estimates but is seen a little weaker as compared to the January readings. That said, it is tough to extrapolate much from these numbers…

Close
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close