Unemployment insurance: Government agrees to demands from social partners

The French government has agreed to key demands from social partners in ongoing negotiations over unemployment insurance, notably by withdrawing a previously contested policy framework, according to official correspondence obtained on Wednesday. In a letter addressed to social partners, Prime Minister......

Sale of bhv building officially completed, galerias lafayette confirms

The Galeries Lafayette group has announced the completion of the sale of the building that houses the iconic BHV department store, located on Rue de Rivoli in central Paris. The transaction marks a significant step in the group’s real estate strategy, although the identity of the buyer was not......

France records a historic surge in business creation in 2025, says Insee

France registered a record number of new businesses in 2025, according to figures released by the national statistics office Insee, confirming a strong entrepreneurial momentum despite economic uncertainties. In total, more than 1.16 million companies were created during the year, marking an increase......

Okaïdi seeks judicial restructuring for its French operations

The French children’s clothing brand Okaïdi has requested judicial restructuring for its activities in France, its parent group IDKIDS announced on Tuesday, marking another setback for the country’s struggling ready-to-wear sector. The move affects around 2,000 employees nationwide. A......

Auchan to sell 91 supermarkets to Intermarché amid financial struggles

French retail giant Auchan is planning to sell 91 of its supermarkets to Intermarché as part of a broader partnership aimed at rebranding its stores. The move comes as Auchan faces financial difficulties and seeks to restructure its operations. The agreement, initially signed in November, involved......

European high-risk debt sales surge after Trump drops tariff threats

President Donald Trump abruptly reversed his plan last week to impose tariffs on eight European nations, paving the way for a surge in high-yield debt issuance as markets breathed a sigh of relief. The decision followed talks with NATO Secretary General Mark Rutte, yielding what Trump called a framework......

Diesel prices in France up by 10 cents since start of year

Diesel fuel prices in France have risen by about ten cents per liter since the beginning of the year, according to calculations based on official data. This increase reflects a continuing upward trend at the pump, with diesel now averaging around €1.67 per liter. At the same time, prices for gasoline......

Bordeaux prosecutor opens investigation into infant death linked to baby formula

The Bordeaux prosecutor’s office announced on Thursday the opening of a criminal investigation into the death of an infant who had consumed baby formula produced by Nestlé. The announcement follows recent health authorities’ investigations into the case. According to Renaud Gaudeul,......

Livret A sees first net outflow in a decade as savers turn elsewhere

For the first time in ten years, France’s popular Livret A savings account saw more withdrawals than deposits in 2025, according to data from the Caisse des Dépôts. Net outflows totaled €2.12 billion, marking a significant shift for the long-favored savings vehicle. The Livret......

Global leaders clash over trade, tariffs and technology at Davos

World leaders, top policymakers and corporate executives convened in Davos, Switzerland, for the 56th annual meeting of the World Economic Forum, held under the banner of promoting dialogue at a moment of deepening geopolitical rifts and economic uncertainty. Over the course of the week, nearly 3,000......

US Treasury yields hit four-month highs amid Japanese bond rout

US Treasury yields surged to their highest levels in over four months on Tuesday, triggered by a dramatic sell-off in Japan's bond market that rippled through global financial markets. This spike unfolded against rising Japanese budget concerns and fresh US-Europe trade tensions. The benchmark 10-year......

EU considers trade bazooka against US over Greenland threats

European Union finance ministers gathered in Brussels on Tuesday to weigh the bloc's most potent commercial weapon against the United States, signaling an unprecedented escalation in transatlantic ties amid President Donald Trump's threats to impose tariffs unless Denmark sells Greenland. Danish......

Silver surges to record high amid Trump's Greenland tariff threats

Silver prices soared to a fresh all-time peak of $94.73 per ounce on Monday, fueled by surging safe-haven demand as investors grappled with escalating trade tensions sparked by President Donald Trump's tariff threats over Greenland. The metal has rocketed more than 32% in January alone and around......

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