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CashNews.co (Bloomberg) — Societe Generale SA broadly beat analysts’ estimates in the third quarter, as its investment bankers profited from higher trading revenue and the French retail bank turned the corner. Equities trading rose 10% from a year earlier and fixed income gained about 6%, SocGen said in a statement Thursday. Both were ahead of […]
CashNews.co © LifeBackground | By Stuart Todd 29/10/2024 French MPs have amended a bill before parliament that would make a temporary windfall tax on the country’s ocean shipping operators permanent. The tonnage tax regime has also been modified, making it potentially less advantageous, and leaves CMA CGM facing a far greater financial hit than was […]
CashNews.co BREAKING NEWSOctober 30, 2024 at 1:19 PM UTC TLDR French President Macron’s visit to Morocco leads to potential €10 billion investment deals in infrastructure, energy, and high-speed rail. Engie, Alstom, and TotalEnergies are key French firms involved, supporting Morocco’s energy and transportation plans. Agreements include investments for OCP’s carbon neutrality and expanding Morocco’s high-speed […]
CashNews.co France will finance military equipment and ammunition for Ukraine using 300 million euros ($324 million) of interest from Russia’s frozen assets. This includes 12 Caesar self-propelled howitzers, 155mm artillery ammunition, Aster surface-to-air missiles, Mistral man-portable anti-aircraft systems, and AASM guided bombs, French Defense Minister Sebastien Lecornu said. “We are mobilizing the interests of frozen […]
CashNews.co The transaction, consisting of equity and convertible bonds, will cover Italy, Germany, France, Spain, Portugal, Poland and Croatia. RP Global aims to commission 2.5 GWp of renewable power in the next five years. October 28, 2024 Gwénaëlle Deboutte From pv magazine France Paris-based asset management company Mirova has announced a total investment of €480 […]
CashNews.co WASHINGTON (Reuters) – The new French budget goes in the right direction but focus must now shift to implementation, and getting the deficit down as planned is a credibility test for the new government, French central bank chief Francois Villeroy de Galhau said on Friday. “Bringing the deficit back to 5% next year is […]
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CashNews.co Polly Weis thought she would be living and studying in France right now. Instead, she is at Benedictine College in Atchison, Kansas taking full advantage of its mission of community, faith and scholarship. She is a junior from Grand Rapids, Mich. Before coming to Benedictine she worked on a blueberry farm, a golf course, […]
CashNews.co By David Lawder WASHINGTON (Reuters) – French Finance Minister Antoine Armand on Friday, following a Moody’s (NYSE:) credit rating warning on his country’s debt, said that France’s top fiscal priority is to reduce its public deficit to a targeted 5% of GDP by 2025. Moody’s late on Friday revised France’s outlook to “negative” from […]