Europe must urgently reduce its reliance on US payment giants Visa and Mastercard, the head of the European Payments Initiative has warned, as officials grow increasingly concerned that American-controlled financial infrastructure could be used as leverage amid worsening transatlantic relations. Martina......
The legal battle surrounding the dismissal of French comedian Guillaume Meurice is set to continue, after labor court judges failed to reach a unanimous decision on the case. As a result, a new hearing will be held, with a professional judge expected to break the deadlock. Meurice, a former regular......
François Villeroy de Galhau, governor of the Bank of France, has announced that he will leave his post at the beginning of June, several years before the end of his mandate, in a move that has taken many observers by surprise. In a statement released by the French central bank, Villeroy de Galhau......
A closer look at the world’s largest economies reveals a fascinating paradox: the biggest countries by GDP do not always host the largest companies by market value. In some cases, a single corporation can rival or even surpass the economic output of entire nations. For instance, the United States,......
The European Union has officially approved counting chemical recycling toward mandatory recycled content in plastic bottles, marking a significant shift in EU recycling policy. On Friday, the 27 EU member states voted in favor of including chemical recycling in the calculation of recycled content. Previously,......
The African Development Bank (AfDB), through its African Digital Financial Inclusion Fund (ADFI), has granted a $510,000 donation to Bank Al-Maghrib (BAM) to support the expansion of digital payments in Morocco. The funding is aimed at promoting broader adoption of electronic payments, enhancing financial......
Bitcoin experienced a sharp decline on Friday, falling to $60,000 for the first time in sixteen months, raising concerns about volatility in the cryptocurrency market. François Villeroy de Galhau, governor of the Banque de France, stated that the recent drop shows that “the risks are materializing,”......
Stellantis, the multinational automotive group, saw its shares tumble by 15% at the opening of the Paris Stock Exchange on Friday following the announcement of €22 billion in exceptional charges for its 2025 financial results. The company attributed these charges to a significant overestimation......
European stock markets held steady Thursday as investors digested mixed corporate earnings and braced for policy decisions from two major central banks later in the day. The pan-European STOXX 600 hovered around 618 points early in the session, near the record from the previous close. Germany's......
European imports of liquefied natural gas from Russia's flagship Yamal terminal jumped 8 percent year-over-year in January 2026, reaching nearly 1.7 million metric tons, according to data released this week by German environmental watchdog Urgewald. The increase comes less than a year before the......
French media mogul Vincent Bolloré is expected to be summoned at the end of February by a parliamentary commission investigating public broadcasting, authorities announced on Wednesday. Bolloré, one of the majority shareholders of Banijay, a prominent production company, will be asked to......
Libya stands at the threshold of rapid energy expansion, fueled by surging investor confidence, fresh licensing rounds and bolstered international alliances. The 2026 Libya Energy & Economic Summit (LEES) captured this shift vividly, with high-stakes roundtables featuring the United States, France,......
Italy's new car registrations bucked the European trend in January 2026, climbing 6.2 percent year-on-year to around 142,000 vehicles, according to transport ministry data. This uptick offers relief after a 2.1 percent decline across 2025, when total sales settled at roughly 1.56 million units. Stellantis......
