Economy
Russia’s central bank has reduced its gold holdings to the lowest level in four years after selling roughly 500,000 troy ounces in early 2026, as mounting fiscal pressure and declining energy revenues weigh on the country’s finances. Data released by the Bank of Russia shows reserves fell......
European stock markets opened sharply lower on Monday, weighed down by surging oil prices and ongoing conflict in the Middle East, with no signs of de-escalation as the fourth week of tensions begins. At around 9:05 a.m. Paris time, major indices were down: Paris’s CAC 40 fell 1.44%, London’s......
European electricity markets are proving more resilient than expected to the Middle East energy crisis, as rapid expansion in wind and solar generation limits the impact of surging gas prices, according to a Bloomberg analysis. Gas prices in Europe have risen by more than 50 percent since late February,......
Aurélie B., the former treasurer of French retail chain Kiabi, has been released from prison and placed under electronic monitoring after serving a year and a half behind bars. She remains under investigation for allegedly diverting 100 million euros through a complex financial fraud. Authorities......
US Treasury Secretary Scott Bessent described the recent economic and trade discussions with Chinese representatives in Paris as “constructive,” highlighting the stability of the bilateral relationship. Speaking to reporters after two days of meetings, Bessent emphasized that the talks demonstrated......
European natural gas prices dropped sharply after a surge triggered by the conflict involving the United States, Israel, and Iran, as traders reacted to comments from U.S. President Donald Trump suggesting the war could end in the near future. The benchmark Dutch TTF gas price, the main reference for......
France’s economy appears to be maintaining moderate growth in early 2026, although rising geopolitical tensions in the Middle East are creating new uncertainties for the economic outlook, according to the country’s central bank. In its latest assessment, Banque de France indicated that economic......
Oil markets swung sharply Monday after crude prices climbed above $100 per barrel for the first time since Russia’s invasion of Ukraine in 2022, while G7 governments debated whether to release strategic petroleum reserves to counter disruptions caused by the war involving the United States, Israel......
The French government has acquired a preferential "golden share" in the defense company LMB Aerospace following its sale to an American firm, according to a decree published in the Official Journal on Sunday. This move gives France a veto right over decisions that could affect its strategic......
French quantum computing startup Pasqal has announced a major financing package of 340 million euros alongside a merger with a listed shell company, paving the way for a dual stock market listing in Paris and on the Nasdaq at a pre‑money valuation of 2 billion dollars. Half of the new funds, or 170......
France said dozens of its vessels are trapped in the Persian Gulf as the escalating conflict involving Iran, the United States, and Israel effectively shuts down the Strait of Hormuz, one of the world’s most critical maritime chokepoints. French Transport Minister Philippe Tabarot said Friday......
Morocco’s Minister of Economy and Finance, Nadia Fettah Alaoui, appeared on the business program Le Monde Qui Bouge – L’Interview during the show Good Morning Business, hosted by Sandra Gandoin. During the interview, Fettah Alaoui addressed the potential economic consequences for Morocco......
The French government has paid €79 million to Atosca, the concessionaire of the future A69 highway, following a prolonged work stoppage in 2025, the Ministry of Transport confirmed Tuesday. Construction on the Toulouse-Castres route was halted on February 27, 2025, after the Toulouse administrative......
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