City Paris Financial News

European Union’s new, tougher approach to China is being shaped by French concerns that Beijing’s trade practices have started to pose a critical threat to core industries. The government in Paris has taken a key role in driving the policy shift, according to people familiar with its thinking, calculating that inaction now would put the bloc’s economy on a path to long-term damage. Officials speaking on condition of anonymity recalled the solar industry debacle a decade ago, when cheap imports from China gutted European production.

The French telecommunications group Iliad announced on Sept. 26 that it has plans to invest millions to build up the local French artificial intelligence (AI) industry. 

(Reuters) — Coty (NYSE:COTY) has submitted an application for dual listing of its shares on the Paris Stock Exchange, the company said on Monday, as the CoverGirl cosmetics parent looks to tap into European investor interest.

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Brevan Howard, one of the world’s biggest hedge funds, has been on a bit of a warpath with its hiring recently. It’s been adding portfolio managers around the world, from both banks and other funds.

I work for a top French bank in Paris and I am upset with the culture here. There is a huge amount of nepotism.

To clarify from the start: if you work for HSBC in London or Hong Kong and you want the bank to pay for your nanny, it is not going to happen. Only some HSBC people get the nanny, and they are in India. But as perks make a comeback, it is something to aspire to.

oil is forcing investors to rethink their bets across global markets. Airline stocks, currencies of oil-importer nations and bond yields are just a handful of the asset classes already starting to reflect the reality of Brent at $95 a barrel. Meanwhile, strategists from Goldman Sachs Group Inc.

Sudha Murty on Tuesday said the Unesco recognition for three temples in Karnataka has made every member, who worked hard for it behind the scenes, very happy. The State Task Force for Tourism Development that she headed during the previous government had pursued the request with the Unesco offices in Paris. “Many people have worked hard for this and very keenly pursued our request at the Unesco offices. Today’s news has made all of them very happy,” Murty told ET, calling the world heritage site recognition for Belur, Halebidu and Somnathpur a result of team efforts. “The Hoysala temples, built over 1000 years ago, as well as the glory of Hampi are all treasures mankind cannot recreate.

Australia has lost its reputation for being at the cutting edge of financial markets technology, and its restoration requires the ASX to face more competitive pressures and for regulators to encourage blockchain’s homegrown adoption.

climate change challenges. Read more. On September 10, the Indian Space Research Organisation (ISRO) announced that Aditya-L1, India's pioneering solar mission, had triumphantly executed its third Earth-bound manoeuvre.

Olivia Rodrigo, the pop star, has increased the number of shows for her Guts World Tour, just as she hinted earlier. She recently shared the news of 18 additional tour dates on her social media.

climate activists around the world are set to march, chant and protest Friday to call for an end to the burning of planet-warming fossil fuels as the globe suffers dramatic weather extremes and record-breaking heat. The strike — driven by several mostly youth-led, local and global climate groups and organizations, including Greta Thunberg's Fridays for Future movement — will take place in dozens of countries and in hundreds of cities worldwide and continue through the weekend. A week before the planned protest, the United Nations warned that countries are way off track to curb warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) since pre-industrial times, as agreed in Paris in 2015.

G20 summit in New Delhi, which accepted the African Union as a full-fledged group member in a historic decision, pushed this agenda forward. In Paris, we asked for a world where poverty is eliminated, the health of our planet is preserved and vulnerable countries are better equipped to face the crises that arise from climate change and conflicts. To meet these goals, we must leverage all sources of finance and remain united.

OIML certificates — mandatory certification required for measuring instruments, said Rohit Kumar Singh, secretary, Department of Consumer Affairs on Thursday. The OIML — International Organisation of Legal Metrology — is an international standard-setting body which develops regulations, standards and related documents for use by legal metrology authorities and industry. Established in 1955, headquartered in Paris, harmonises international regulations of measuring instruments like clinical thermometers, alcohol breath analysers, radar speed measuring instruments, ship tanks found at ports, and petrol dispensing units. «It is a single certificate accepted worldwide, » said Singh adding that this would help manufacturers of measuring devices in India help get the certificate faster and also earn foreign exchange for the country as international manufacturers are applying for the certificate in India. India is the 13th country to become an issuing authority.

Picasso masterpiece, the late Spanish painter's "Femme a la montre" from 1932, is expected to fetch at least $120 million, Sotheby's announced Wednesday. The painting, which depicts Picasso's mistress wearing a watch, will be sold as part of a two-day auction of late New Yorker Emily Fisher Landau's prestigious collection. Other works up for sale include pieces by Jasper Johns, Willem de Kooning, Mark Rothko and Andy Warhol. Fisher Landau, a longtime board member of the Whitney Museum of American Art in New York and a renowned art patron and collector, passed away in March at age 102. Sotheby's said in a statement that around 120 pieces from her collection would be for sale and «estimated to bring well over $400 million» in total, with «Femme a la montre» making up a significant portion.

A major new exhibition is opening at London’s V&A Museum to honor and celebrate the life and iconic designs, as well as many more lesser-known creations by famed French designer Gabrielle “Coco” Chanel

By Rajesh Kumar Singh, Abhijith Ganapavaram and Valerie Insinna

The fashion designer who created the wedding dress of Kate Middleton, Princess of Wales, is stepping down as creative director at Alexander McQueen after two decades at the brand, luxury group Kering said

On March 2, 1991, Serge Gainsbourg went to sleep in his bed on the second floor of his house at 5 bis rue de Verneuil in Paris and never woke up. A second heart attack killed him at age 62. For all of France, his death was both shocking and unsurprising.

“International" car shows have a more national flavor these days, but that doesn’t mean the format is dying. The North American International Auto Show launches this week in Detroit, hot on the heels of IAA Mobility in Germany last week. These were traditionally among the “big five" global car shows alongside those in Paris, Geneva and Tokyo, before the pandemic broke a tradition already under strain.