Economy
A growing number of people in France believe that reducing the country’s public debt could come at the cost of pension benefits, according to recent survey findings that highlight shifting public attitudes toward economic reform. The study suggests that roughly half of respondents think it will......
A major shift in infrastructure management is underway in France as toll operations on the Île de Ré Bridge become fully automated, marking the end of on-site toll booth staff. Starting Monday, no agents will remain in the toll cabins of the bridge, one of the last locations in the country......
French energy company TotalEnergies has confirmed the temporary shutdown of the Satorp refinery in Saudi Arabia following recent attacks that damaged part of the facility. The decision was taken as a precautionary safety measure after incidents occurred during the night of April 7 to 8. According to......
French retail executive Michel-Édouard Leclerc has warned that fuel prices are unlikely to return to pre-conflict levels following instability linked to tensions in the Middle East. Speaking about recent fluctuations in oil markets, he noted that prices at the pump are expected to decline slightly......
The Bank of France has completed the withdrawal of its remaining gold reserves from the New York Federal Reserve, ending nearly a century of partial overseas storage. Conducted in 26 transactions from July 2025 to January 2026, the operation covered 129 tonnes—about 5 percent of France's total......
Mazda Motor announced Monday it has suspended domestic production of vehicles destined for the Middle East until May, becoming the latest Japanese automaker to scale back operations as the Strait of Hormuz remains effectively closed to commercial shipping, according to the Nikkei. The company had already......
A series of energy policy decisions on both sides of the Atlantic has exposed a widening divide between the United States and Europe over how to achieve energy security, with Europe pushing aggressively to expand renewable capacity while the Trump administration moves to dismantle it. On March 26, the......
Corporate earnings for companies in the STOXX 600 index are forecast to grow 4 percent in the first quarter of 2026, marking a rebound after a decline in the final quarter of last year, according to LSEG I/B/E/S data cited by Reuters on Thursday. The turnaround is driven primarily by a surge in the energy......
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......
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