CashNews.co Financial statements and artificial intelligence are part of the incoming AI wave in which businesses have growing confidence – if human professionals are in the lead. The 2024 first-ever BDO Audit Innovation Survey reveals the thinking of 200 finance leaders of companies with revenues ranging from $250 million to $3 billion. However, as AI […]
France must make ‘credible’ progress on deficit: finance minister #FrenchFinance
CashNews.co France’s Economy Minister Antoine Armand said that lower interest rates would help support business investment. Photo: Mandel NGAN / AFPSource: AFP France must take “credible” steps to tackle its high deficit, its new finance minister said Thursday, shortly before a major credit ratings agency gives its verdict on the country’s sovereign debt. Antoine Armand […]
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb gives an interview to the French News Agency- AFP, during his visit to US for the WB/IMF annual meetings 2024 #FrenchFinance
CashNews.co Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb gives an interview to the French News Agency- AFP, during his visit to US for the WB/IMF annual meetings 2024 APP23-241024 WASHINGTON DC: October 24– Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb gives an interview to the French News Agency- AFP, during his […]
Spokane County Commissioner Al French accuses opposition of violating campaign finance law in flurry of complaint filings #FrenchFinance
CashNews.co As the general election inches closer, outside spenders are pouring money into the race between County Commissioner Al French and opponent Molly Marshall. Special interest groups have spent a combined $200,000 for canvassing, mailers and advertisements for and against the two candidates in the past two weeks . While French has had more than […]
‘We spent a lot.’ How two years of denial led to France’s budget crisis #FrenchFinance
CashNews.co The Assemblée Nationale’s Finance Committee, during a hearing for Bruno Le Maire, outgoing finance minister, and Thomas Cazenave, outgoing junior public accounts minister, in Paris, France, on September 9, 2024 DHERBEYS AGNÈS How did France go from the 4.4% public deficit level that was initially forecast for the end of 2024, to the 6.1% […]
Sanofi reaches deal on terms of sale of consumer health arm, say French government sources #FrenchFinance
CashNews.co PARIS (Reuters) -Sanofi on Sunday reached an agreement on terms to sell a controlling stake in its consumer health unit Opella to U.S. private equity firm Clayton Dubilier & Rice (CD&R), French government sources said on Sunday. The breakthrough came after the investment group provided France with guarantees on maintaining jobs and production in […]
France Unveils Its Multi-Year Strategy to Finance the Ecological Transition #FrenchFinance
CashNews.co The French government has published its first **Multi-Year Strategy for Financing the Ecological and Energy Transition** (Spafte) targeting the year 2030. This initiative plans a significant increase of €110 billion in low-carbon investments compared to 2021. Increase in Low-Carbon Investments According to the 88-page document issued by the Ministry of Economy, Finance, and Industry, […]
France warns it could block €15.5bn Sanofi consumer health deal #FrenchFinance
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. France’s industry minister has said that the option of blocking a €15.5bn deal to sell Sanofi’s consumer pharmaceuticals division to US private equity fund Clayton, Dubilier & Rice is “absolutely on the table” if […]
French govt takes new blows over deal to sell painkiller maker to US fund #FrenchFinance
CashNews.co Doliprane’s distinctive yellow packaging can be found in almost every French medicine cabinet (Fred TANNEAU) French drugmaker Sanofi’s confirmation that it will sell a controlling stake in its consumer health unit to a US investment fund sparked a new political backlash Monday, stoked by fears the deal marks a loss of sovereignty over key […]
French banks haven’t turned their backs on coal #FrenchFinance
CashNews.co Paris, October 15, 2024 – Major French banks have continued to support problematic coal sector companies, despite the commitments made four years ago, new analysis by Reclaim Finance reveals (1), which identifies several financial deals with companies developing new coal mines or power plants. The analysis finds that loopholes in the policies of the […]