The European Central Bank has warned that banks across the euro area must prepare for tighter liquidity conditions as excess reserves decline rapidly. In a blog post published on April 2, the ECB said nearly half of the banking system will soon operate close to minimum reserve comfort levels. Central......
Bernard Arnault, chairman of LVMH, shed roughly $55.9 billion from his net worth during the first three months of 2026, according to the Bloomberg Billionaires Index, as the world's largest luxury conglomerate recorded its steepest quarterly stock decline on record. The losses reduced his fortune......
Germany's DAX index climbed nearly 3 percent on Wednesday, joining a broad global rally driven by hopes that the Middle East conflict could be nearing its end after President Donald Trump said he expected American forces to leave Iran within two to three weeks. The DAX closed up 2.73 percent at......
The French government is closely monitoring discussions between Pernod Ricard and Brown Forman over a potential merger that could reshape the global spirits market. Officials in Paris are focusing on key issues including the future headquarters location and board composition, according to Bloomberg,......
Gazprom chief executive Alexey Miller described natural gas reserves in European Union storage facilities as dangerously low on Monday, warning that stocks may not even reach 70% of capacity before the next winter withdrawal season begins. Citing Gas Infrastructure Europe data as of March 28, Gazprom......
French President Emmanuel Macron called on Europe Tuesday to develop its own payment infrastructure, warning that ceding control of financial transactions to American companies would compromise the continent's sovereignty. The remarks, delivered by video message at the Carte Bancaire summit in Paris,......
TotalEnergies will keep fuel prices capped at its French stations until April 7, aiming to remain competitive amid rising global oil costs. The extension follows a previous cap set in mid-March and comes shortly after tensions in the Middle East pushed prices higher. Under the scheme, gasoline prices......
Inflation in France accelerated significantly in March, reaching 1.7% year-on-year, according to preliminary data released by the national statistics agency. The increase comes amid rising energy costs linked to the ongoing conflict in the Middle East. The surge in oil prices, with crude exceeding $100......
European government bond markets are facing one of their most severe sell-offs in nearly a decade, driven by surging energy prices linked to the conflict involving Iran. Investors are increasingly pricing in higher interest rates, widening fiscal deficits, and renewed stagflation risks across the region. Yields......
TotalEnergies generated more than $1 billion in profit this month by cornering the Middle East crude oil market during one of the most volatile periods in energy trading history, according to reporting by the Financial Times and Bloomberg. The French energy giant's trading arm purchased 69 cargoes......
The French government has launched a search for a buyer for the well-known consumer magazine 60 Millions de consommateurs following the official liquidation of its parent body, the Institut national de la consommation (INC). A decree published in the official journal on Sunday formalized......
France is set to significantly increase financial support for the installation of electric vehicle charging infrastructure in residential buildings, in a move aimed at accelerating the transition to cleaner mobility. Starting April 1, the maximum subsidy available under the Advenir program will rise......
The European Investment Fund has unveiled a 15 billion euro fund of funds, the largest of its kind in Europe, as part of a sweeping initiative to address the continent's persistent shortage of late-stage venture capital. The vehicle, named ETCI 2, will back around 100 growth-stage funds and aims......
