Economy



Inflation rises to 1.7% in France as Middle East conflict drives energy costs higher

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......

Pound falls as European bond rout deepens amid energy shock

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 books over $1 billion cornering Middle East crude in historic oil bet

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......

France seeks buyer for ‘60 millions de consommateurs’ after institute liquidation

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 boosts subsidies for electric vehicle charging stations in residential parking

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......

Europe launches its largest ever venture capital fund of funds at 15 billion euros

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......

France to announce targeted fuel aid for key sectors

The French government is set to unveil targeted financial support measures on Friday evening to help industries most affected by rising fuel prices linked to tensions in the Middle East. Officials indicated that the aid will focus on specific sectors such as transportation, agriculture, and fishing,......

Airlines raise fares and cut flights as jet fuel prices surge

Airlines worldwide are increasing ticket prices, adding fuel surcharges, and reducing routes as jet fuel costs have nearly doubled since the outbreak of war involving Iran on February 28. Industry analysts describe the situation as the most severe disruption since the COVID-19 pandemic. Jet fuel prices......

Central banks worldwide raise inflation forecasts amid Iran war energy shock

Central banks across the globe have lifted their inflation outlooks less than a month after U.S. and Israeli forces struck Iran on February 28. The conflict's economic fallout spreads as energy prices soar and supply chains disrupt. Governments activate emergency measures to counter the crisis [reuters.com]. France's......

Used EV sales surge across Europe as Iran war spikes fuel prices

Europeans rush toward used electric vehicles as Iran war-driven gasoline price spikes bite. Online car sales platforms report sharp demand increases continent-wide. Consumers seek cheaper, immediate EV alternatives amid fuel cost surges. The conflict began February 28 with US and Israeli strikes on......

China's alcohol ban at official events triggers global wine market crisis

China's once-robust appetite for imported wine has collapsed, and a Communist Party directive banning alcohol at government and official functions has deepened the damage, leaving producers from France to Australia managing unsold inventory and sharply declining demand. In May 2025, Beijing renewed......

France to unveil targeted measures to tackle rising energy costs

The government of France is preparing to introduce targeted measures aimed at easing the impact of rising energy prices, according to Finance Minister Roland Lescure. The announcement is expected in the coming days as authorities respond to a surge in energy costs linked to ongoing tensions involving......

Danone secures billions in bonds amid war-driven market volatility

Major blue-chip firms rushed to lock in funding during brief market lulls as the US-Iran conflict disrupts global bond markets and drives up borrowing costs. Danone led a wave of European bond issuances Wednesday with a three-tranche deal. It drew over 6.5 billion euros in orders for euro-denominated......

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