Business



Heatwave disrupts chocolate supply in French supermarkets as retailers suspend deliveries

Severe heatwave conditions across France have begun to disrupt retail supply chains, with some supermarket operators temporarily suspending chocolate deliveries due to concerns over product quality during transport and storage. Retailers say that rising temperatures are making it increasingly difficult......

Decathlon to grant €2,000 in free shares to employees amid wage debate

French sports retail giant Decathlon has announced a plan to distribute an average of €2,000 in free company shares to a large majority of its global workforce, in a move aimed at strengthening employee participation in the company’s long-term growth. The initiative will benefit eligible......

IKKS plans major revival after takeover by two entrepreneurs

French fashion brand IKKS is preparing for a major relaunch following its acquisition by two entrepreneurs, who are now implementing an ambitious recovery strategy that includes reopening stores, rehiring employees, and investing in expansion. The company, known for its premium ready-to-wear collections......

Saint-Gobain agrees $1.7 billion sale of Dahl business to Kesko

French construction materials group Saint-Gobain has agreed to sell its specialist distribution business in Scandinavia to Finnish retailer Kesko in a deal valued at approximately $1.7 billion, marking a significant portfolio restructuring move for the company. The transaction involves the Dahl-branded......

Italian eyewear brand iVision Tech’s Macron-inspired sunglasses surpass 1,000 online sales

Italian eyewear company iVision Tech has reported strong online sales after one of its sunglasses models gained unexpected global attention following a public appearance by French President Emmanuel Macron. The model, produced under the company’s Henry Jullien brand, surpassed 1,000 online sales......

Jtekt includes Morocco plant in European asset sale deal

Japanese automotive supplier Jtekt has agreed to transfer several of its European-facing operations, including a manufacturing site in Morocco, as part of a broader restructuring of its international business portfolio. The transaction forms part of a share transfer agreement with an investment entity......

TotalEnergies made major Middle East oil trades after detecting US navy buildup in gulf, CEO says

French energy giant TotalEnergies made significant crude oil purchases in the Middle East after its trading teams observed unusual military activity in the Gulf region earlier this year, according to the company’s chief executive. CEO Patrick Pouyanné stated in an interview that traders......

Bolloré rejects Ackman’s $64 billion bid for Universal Music Group

Cyrille Bolloré, chief executive of the Bolloré Group, has publicly opposed a proposed $64 billion takeover bid for Universal Music Group, urging the company’s leadership to reject the offer put forward by investor Bill Ackman and his fund Pershing Square. Speaking at the company’s......

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......

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