Business



KNDS reports strong growth as IPO plans move forward

The Franco-German defence company KNDS has reported strong financial growth and a significantly expanded order backlog, reinforcing investor confidence ahead of its planned stock market listing later this year. The group, which operates across France and Germany, posted revenue of €4.4 billion......

Carrefour ground beef steaks recalled over possible metal fragments

A batch of frozen ground beef steaks sold in France under the Carrefour Extra brand has been recalled due to a suspected risk of containing small metal fragments, according to the national consumer alert platform Rappel Conso. The affected product consists of 15% fat frozen pure beef patties sold in......

Carrefour shareholders expected to approve third term for CEO Alexandre Bompard

Shareholders of French retail giant Carrefour are expected to approve a third term for Chief Executive Officer Alexandre Bompard during the company’s annual general meeting. Bompard, who has led the supermarket group since 2017, is widely credited with steering Carrefour through a period of transformation......

Airbus defence launches major new campus in Greater Paris region

European aerospace giant Airbus has officially launched the construction of a new major defense and digital technology campus in the Greater Paris region, marking a significant investment in France’s strategic industrial capabilities. The future “Campus Grand Paris,” located in Montigny-le-Bretonneux......

Ubisoft flags further losses after record annual hit

French video game publisher Ubisoft Entertainment has warned investors of another difficult year ahead, following a record financial loss that highlights ongoing challenges in the global gaming industry. The company reported a significant operating loss for the 2025–2026 fiscal year, marking one......

Cegid inaugurates Cegid Atlas in Casablanca strengthening Morocco role

Cegid has opened its new Cegid Atlas centre of excellence in Casablanca, marking a significant step in its international expansion strategy. The facility is located in Casablanca Finance City and begins operations with 240 employees, reinforcing Morocco’s position within the company’s global......

Renault relaunches employee share plan with major benefits for 100,000 workers

Renault Group has renewed its Shareplan employee share ownership program for the fifth consecutive year, offering approximately 100,000 workers across 24 countries the opportunity to acquire company shares at substantially discounted prices. The 2026 edition of the plan extends a commitment the automaker......

EasyJet expands winter network in France with nine new routes from Cairo to the Canary Islands

British low-cost carrier easyJet is strengthening its presence in France by launching nine new routes for the 2026–2027 winter season. The expansion reflects the airline’s strategy to maintain growth despite ongoing challenges in the aviation sector, including rising fuel costs and fluctuating......

Forvia to sell its interiors business to Apollo funds for $2.1 billion

French automotive supplier Forvia announced on Monday that it has agreed to sell its car interiors division to funds managed by Apollo Global Management for approximately 1.82 billion euros (around $2.1 billion). The transaction is part of Forvia’s broader strategy to streamline its operations......

Chanel unveils spring 2026 eyewear campaign with global ambassadors

Chanel opens the spring 2026 season with a new eyewear campaign that positions glasses as a tool of identity rather than a simple accessory. The visual series presents tightly framed portraits that place the gaze at the center of the composition. Shot by Craig McDean, the campaign features Nicole Kidman,......

TotalEnergies workers go on strike in France over fuel prices

Service station employees at TotalEnergies have gone on strike across France to protest rising fuel prices and demand higher wages, according to union representatives. The industrial action comes as workers argue that they are struggling to cope with increased living costs linked to higher fuel prices.......

Playmobil to open first factory outlet store in France

German toy manufacturer Playmobil is preparing to open its first factory outlet store in France, marking a new step in its retail expansion strategy. The store will be located near the city of Troyes, within a shopping outlet known for attracting bargain-seeking customers. The new retail space, covering......

Kering to acquire stake in Chinese luxury brand icicle

French luxury group Kering, the owner of Gucci, has announced that it will acquire a minority stake in Shanghai-based Icicle Fashion Group as part of a new strategic partnership with its parent company, ICCF. The investment reflects Kering’s continued efforts to strengthen its presence in the......

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