France Financial News

Binance has withdrawn its cryptocurrency custody license application in Germany. The exchange confirmed its withdrawal to Cointelegraph on July 26, nearly a month after reports of rejections from The German Federal Financial Supervisory Authority (BaFin).

French DeFi project Atlendis hit two major milestones as it secured a €1 million loan ($1,108,055.00) from the French public investment bank along with obtaining a crypto services provider license. 

MILAN (Reuters) — Stellantis CEO Carlos Tavares said a production target of one million vehicles in Italy it is discussing with Rome was well within reach but it could not be a one-sided commitment and the government must support it.

Nissan and Renault have redefined their French-Japanese auto alliance to establish more equal cross-shareholdings

U.S.-European carmaker Stellantis has reported a 37% boost in earnings in the first half of the year

French renewables and storage developer Neoen has decided to increase the size of its large battery under construction in Queensland by 35 per cent in a further sign of the surge of investment in capacity that supports the push to weather-dependent wind and solar.

Also Read: Nissan, Renault may announce new alliance deal in days: Report Japan’s Nissan Motor managed to double its first-quarter profit on Wednesday. The profit was fuelled by higher production and sales in North America and Japan. The weaker yen also helped the company lift its full-year outlook.

By Tom Wilson and Scott Murdoch

PARIS (Reuters) -Shares in LVMH fell sharply on Wednesday as analysts said that an in-line increase in sales at the world's top luxury indicated the overall sector was moving towards a less impressive path of growth.

Investing.com — European stock markets are expected to open slightly lower Wednesday, as investors brace themselves for another rate hike from the Federal Reserve while the quarterly earnings season continues in full flow.

Elon Musk slammed Greta Gerwig's enchanting Barbie film and said that every time Barbie says the word ‘patriarchy’. In a tweet, the Tesla CEO wrote, "If you take a shot every time Barbie says the word ‘patriarchy’, you will pass out before the movie ends." Musk's tweet came in response to a Barbenheimer meme that compared Twitter to Barbie and his new X name for his social network to Oppenheimer. Barbie has performed remarkably well in its Top 10 markets, with North America leading the pack at $162 million.

A look at the day ahead in European and global markets from Brigid Riley

French dairy juggernaut Lactalis’s Australian subsidiary has capped off ACCC’s allegations it breached the Dairy Code of Conduct with a miniscule fine, after a Federal Court judgement on Tuesday.

The world’s biggest luxury group, LVMH Moët Hennessy Louis Vuitton, has announced a sponsorship deal with the 2024 Paris Olympics and Paralympics

The month-long tournament commenced on Thursday, July 20, with the final scheduled for Sunday, August 20. The grand finale will take place at Stadium Australia in Sydney, a venue with an impressive capacity of 83,500 spectators, and known for hosting the Opening and Closing Ceremonies of the 2000 Olympic Games. The USWNT has the opportunity to make history by becoming the first team to win three consecutive Women's World Cups. They have been drawn into Group E, alongside formidable opponents such as the Netherlands, Portugal, and Vietnam. The team's group stage schedule includes matches against the Netherlands on Wednesday, July 26 (9:00 pm ET) and Portugal on Tuesday, August 1 (3:00 am ET). For soccer fans in the US eager to watch the action unfold live, the tournament will be broadcast on TV channels such as Telemundo, Universo, and Peacock, while live streaming will be available through Peacock. Fox holds the English-language media rights in the United States for the Women's World Cup. The United States started its bid for an unprecedented three-peat at the Women's World Cup with a 3-0 win over Vietnam. Winning a third straight title won't be easy for the No. 1 team in the world. Co-hosted by Australia and New Zealand, the quadrennial tournament for international soccer's most coveted trophy kicked off July 20 and features an expanded field of 32 teams, up from 24. There are 64 matches during the tournament. That means more competition for the two-time defending World Cup champion US, which won the 2015 event in Canada and the 2019 tournament in France.

Netflix has unveiled a preview of its upcoming Original movies for the latter half of 2023. While movies like The Old Guard 2 and Carry-On are still unconfirmed, Damsel featuring Millie Bobby Brown has been postponed to 2024. Similarly, A Family Affair, Spaceman, Players, and Shirley have been removed from the 2023 lineup. Additionally, Lift, initially set for August 2023, will now arrive on Netflix on January 12, 2024.

(Reuters) — Major global firms ranging from banks to chipmakers are taking a largely cautious stance on their China business amid a frail recovery at the world's second-largest economy from a pandemic slowdown.

A decision by the Nasdaq stock exchange to shelf its plans to launch a crypto custody service has led other US firms to also reconsider their planned push into crypto.

NEW DELHI : New Delhi is exploring the possibility of trilateral cooperation with France and Australia in the strategic Pacific Islands, according to persons aware of the matter. While France and Australia have been key players in the Pacific Islands for some time, India has stepped up its outreach to these small island countries over the last decade. The three countries launched their trilateral partnership forum in 2021, focused on the Indo-Pacific, with a focus on maritime development and connectivity.

By Mimosa Spencer

PARIS (Reuters) — France's antitrust watchdog said on Tuesday it had issued a statement of objections against Apple (NASDAQ:AAPL), citing concerns the U.S. company could have used «discriminatory and non-transparent conditions» for using user data for advertising purposes on iOS devices.