CashNews.co By Leigh Thomas PARIS (Reuters) – France’s national budget is so strained that lawmakers are pushing a proposal to make the French work an extra seven hours each year without pay – the equivalent of one working day – to generate extra funds for state coffers. The measure, which was approved in the Senate […]
CashNews.co (Bloomberg) — A gauge of French bond risk surged to its highest in a month as markets fret about the country’s budget negotiations and a looming review of its sovereign rating. Most Read from Bloomberg The premium investors demand to hold France’s debt over regional haven Germany has climbed every day this week and […]
CashNews.co French cement-maker Lafarge will face trial in Paris on charges that it financed terrorism and breached international sanctions, investigating judges said Wednesday. Lafarge, which was purchased in 2015 by the Swiss group Holcim, is suspected of paying $5 million to Islamic State (ISIS) and other jihadist groups to keep its plant in Syria operating […]
CashNews.co After 50 years of failing to balance its budget, France wants to narrow its deficit next year with €60bn worth of tax rises and spending cuts. But the belt-tightening poses a risk to growth, analysts and businesses say, in an economic climate that may be as fragile as the country’s government. That, in turn, […]
CashNews.co Intelligence OnlineFrance : French finance ministry’s former blockchain expert makes inroads in private sectorA handful of providers are creating a burgeoning French blockchain intelligence sector, and Gabriel Villegas, a former finance ministry expert on illegal….5 hours ago Read More #cashnews #French #finance
CashNews.co Polymarket revealed new information about a high roller who has bet $45 million on Trump winning the election, but many questions remain about who they are and what their intentions are. The prediction market website told the New York Times DealBook that the person is a French national with “extensive trading experience and a […]
CashNews.co Three offers are on the table to buy Paris-based CG animation studio TeamTO, which declared insolvency las month. TransPerfect, Hildegarde and Gabriel Finance have stepped forward to buy the award-winning studio, which has produced a wide range of animated shows over the past 19 years, including Babar and the Adventures of Badou, Angelo Rules, […]
CashNews.co By Makini Brice and Dominique Patton PARIS (Reuters) -The French prosecutor’s office for financial crimes has requested former automobile executive Carlos Ghosn and French culture minister Rachida Dati stand trial following its probe into corruption, a judicial source said on Friday. A judge must make a decision on the request. Investigators had been probing […]
CashNews.co YouTube · FRANCE 24 EnglishIsrael bombs Hezbollah-linked finance group in Lebanon • FRANCE 24 EnglishFRANCE 24’s correspondent in Beirut Rawad Taha reports on overnight Israeli air strikes that particularly targeted branches of the Hezbollah financial….1 month ago Read More #cashnews #French #finance
CashNews.co (Bloomberg) — France was downgraded by Scope Ratings in another warning on the state of the country’s finances and the political impediments to containing a ballooning budget deficit. Most Read from Bloomberg The Europe-based credit rating firm cut France to AA- from AA, with a stable outlook, bringing it to the same notch as […]