Financial Insights That Matter (Bloomberg) — Private-sector business activity in France contracted less than anticipated, with an uptick in manufacturing unable to offset continued political uncertainty. Most Read from Bloomberg S&P Globalās Composite Purchasing Managersā Index increased to 47 in March from 45.1 in February, remaining lodged well below the 50 threshold separating growth from […]
French IT group Atos wins 150 million pound contract with UK government #FrenchFinance
Financial Insights That Matter PARIS (Reuters) – French IT group Atos (ATO.PA) has won a five-year contract worth 150 million pounds ($193.5 million) with Britain’s Department for Environment, Food and Rural Affairs, the company said on Wednesday. The contract covers DEFRA’s service desk, with the aim of transitioning the department’s 34,000 users into a single […]
French prosecutors seek seven-year sentence for Sarkozy in Libya election finance trial #FrenchFinance
Financial Insights That Matter The allegations can be traced back to 2011, when a Libyan news agency and Gaddafi himself said that the Libyan state had secretly funnelled millions of euros into Sarkozy’s 2007 campaign. ADVERTISEMENT French prosecutors have requested a seven-year prison sentence and a ā¬300,000 fine for former President Nicolas Sarkozy, in connection […]
U.S. auto tariffs are very bad news for EU, says French Finance Minister #FrenchFinance
Financial Insights That Matter PARIS, March 27 (Reuters) – U.S. President Donald Trump’s plan to impose a 25% tariff on imported cars and light trucks starting next week is “very bad news” and the only solution for now is for the European Union to raise its own tariffs, French Finance minister Eric Lombard said on […]
Trump’s policies harm US economy, French central banker says #FrenchFinance
Financial Insights That Matter PARIS (Reuters) – The Trump administration is unsettling the multilateral economic system, harming the U.S. economy in the process and to a lesser extent Europe as well, the head of France’s central bank said on Wednesday. “Through his decisions and reversals, Mr. Trump destabilizes the multilateral system,” Francois Villeroy de Galhau […]
French consumers more worried about their financial outlook in March #FrenchFinance
Financial Insights That Matter French consumers are more pessimistic about their future finances but are a little more open to making bigger purchases. ADVERTISEMENT French consumer confidence decreased to 92 in March, down from 93 in the previous month, according to INSEE. This number was below analyst expectations of 94, while also remaining below the […]
French industry awaits shift in EDF strategy under new CEO #FrenchFinance
Financial Insights That Matter By Forrest Crellin PARIS (Reuters) – Bernard Fontana, France’s nominee to head state nuclear company EDF, would face a daunting to-do list if he gets the job, with his most pressing task being to conclude months of tense talks with French industry over the price of long-term power supply. A new […]
French finance ministry employee suspected of spying for Algeria, says prosecutor #FrenchFinance
Financial Insights That Matter JERUSALEM:Ā The Palestinian foreign ministry condemned on Sunday an Israeli decision to recognize more than a dozen new settlements in the occupied West Bank, upgrading existing neighborhoods to independent settlement status. The decision by Israelās security cabinet was a show of ādisregard for international legitimacy and its resolutions,ā said a statement […]
Deccan HeraldPossible US-EU trade war is 'idiotic,' says French finance minister Eric LombardParis: French Finance Minister Eric Lombard said on Friday that a possible trade war between the European Union and its ally the United States would be….1 week ago #FrenchFinance
Financial Insights That Matter Deccan HeraldPossible US-EU trade war is ‘idiotic,’ says French finance minister Eric LombardParis: French Finance Minister Eric Lombard said on Friday that a possible trade war between the European Union and its ally the United States would be….1 week ago Boost Your Financial Knowledge and Achieve Stability Discover a growing online […]
French finance minister calls trade war ‘idiotic’, plans US trip #FrenchFinance
Financial Insights That Matter France’s Finance Minister Eric Lombard said he would visit the United States ‘in the coming days’. Photo: Thomas SAMSON / AFPSource: AFP France’s Finance Minister Eric Lombard called the escalating US-EU trade war “idiotic” on Friday and said he would soon travel to the United States after Washington threatened huge tariffs […]