Economy
The benchmark French stock index, the CAC 40, crossed the 8 400-point milestone for the first time Thursday at the start of trading, propelled by a wave of mostly well-received corporate earnings reports. Shortly after the market opened, the index was trading 1.09 % higher at 8 403.94 points, exceeding......
Mercedes-Benz Group reported a sharp decline in earnings for 2025, as global tariffs and mounting competition in China weighed heavily on the German luxury carmaker’s performance. The Stuttgart-based manufacturer said its group earnings before interest and taxes fell 57 percent to 5.8 billion......
Nearly 70 oil tankers linked to Russia’s so called shadow fleet have reflagged under the Russian registry since May 2025, responding to a sharp escalation in Western sanctions enforcement that has left stateless vessels exposed to seizure on the high seas, according to maritime intelligence firm......
Two major Russian airlines will evacuate their tourists from Cuba and suspend operations to the island as a severe aviation fuel shortage disrupts the Caribbean nation, Russia’s aviation authority announced Wednesday. Rossiya Airlines, part of the Aeroflot Group, and Nordwind Airlines, also known......
Following severe weather conditions that recently impacted several regions across Morocco, Crédit Agricole du Maroc (CAM) has announced a comprehensive support plan aimed at assisting affected populations and farmers. The banking group stated that the initiative seeks to mitigate the consequences......
China signaled on Wednesday that it could open investigations into French wine or impose reciprocal tariffs on European Union goods if France continues to advocate for sweeping trade measures against Chinese products, according to Yuyuan Tantian, a social media account affiliated with state broadcaster......
Russia’s oil and gas tax revenues fell in January to their lowest monthly level since the COVID-19 pandemic, highlighting the mounting strain Western sanctions are placing on the Kremlin’s ability to finance its war effort. State income from the energy sector dropped to 393 billion rubles,......
The French government has issued new recommendations encouraging citizens to limit the consumption of meat and processed meat products as part of its National Strategy for Food, Nutrition, and Climate (Snanc). The long-awaited document, which has been under development for over two years, also emphasizes......
Crédit Agricole Personal Finance & Mobility has named Anne Laimé as Deputy Chief Executive Officer in charge of Personal Finance & Banking Servicing, a move that strengthens the company’s leadership team as it accelerates its growth strategy across Europe and Morocco. A subsidiary......
Russian energy company Novatek reported a sharp drop in net profit for 2025, underscoring the growing strain Western sanctions are placing on Moscow’s liquefied natural gas sector. The country’s largest LNG producer said net income fell to 183 billion rubles, or about 2.37 billion dollars,......
Tesla has lodged a criminal complaint against a member of Germany’s IG Metall union after he was caught secretly recording a works council meeting at the company’s Grünheide plant near Berlin, according to an internal staff memo reviewed by Reuters. The incident marks a new escalation......
Dutch brewing giant Heineken has announced plans to eliminate between 5,000 and 6,000 jobs over the next two years as part of a large-scale cost-cutting and productivity drive. The company said the decision comes amid challenging market conditions and declining beer sales. In a statement, Heineken said......
Ukrainian drones struck a major oil refinery in Russia’s Volgograd region overnight from February 10 to 11, sparking a fire at the facility operated by Lukoil. Russian media described it as the first attack on the refinery this year, as both sides continue targeting each other’s energy infrastructure......
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