France Financial News

NEW DELHI : A meeting between Indian and French tax authorities on the sidelines of a recent G20 summit has set off alarm bells among foreign portfolio investors (FPIs) based in France, three people with direct knowledge of the matter said. The meeting, around potential tweaks to the double taxation avoidance agreement (DTAA) between India and France, has led to apprehension among foreign funds that India may soon renegotiate the treaty to eliminate the capital gains tax exemption. Currently, France and the Netherlands are the only major jurisdictions benefiting from a tax treaty with India that grants exemption from capital gains tax on share sales.

A group of Canadian and French companies will build a $80 million plant in Quebec to turn forestry waste into biochar, a black substance which can store carbon for hundreds of years and improve soil quality at the same time.

MPs on Thursday called on the government to ban video-sharing platform TikTok unless it clarifies its links to China, days after the government blamed social media for fuelling recent riots. A Senate commission of inquiry set up to probe TikTok's handling of data and «influence strategy» said in its final report that the firm should be given until January 1 next year to come clean or face a ban in France and possibly Europe.

Zero-knowledge proofs (ZK-proofs) are a key technology explored by many in the crypto industry. A zero-knowledge protocol is a cryptographic method that allows one party to prove to another party that something is true without revealing any information. 

National Security Advisor Ajit Doval on Thursday held wide-ranging talks with French President's diplomatic advisor Emmanuel Bonne with a focus on Prime Minister Narendra Modi visit to Paris next week. Modi will attend this year's Bastille Day Parade as the guest of honour in Paris on July 14. Bonne also called on Modi and briefed him on the progress in various areas of bilateral cooperation.

Paris Saint-Germain (PSG) and French national team player Kylian Mbappe's future remains uncertain as he enters the new football season. The 24-year-old marquee player has refused to extend his contract with PSG, which expires next year. While he has indicated his desire to stay for one final season, the club's president, Nasser al-Khelaifi, stated that Mbappe must sign a new contract this summer or leave the club. PSG is now faced with the dilemma of whether to sell Mbappe during this transfer window or risk losing him for nothing when his contract expires. The club had signed Mbappe from Monaco in 2017 for a staggering 180 million euros ($196 million), and he has since established himself as one of the world's most prominent players. Mbappe played a crucial role in helping PSG secure their 11th French title and scored a hat-trick in the 2022 World Cup final, in which France was defeated by Argentina.

France on Thursday. The parade will witness a 269-member tri-services contingent of the Indian Armed Forces marching alongside their French counterparts, the Ministry of Defence said. The Fete Nationale Francaise is celebrated on July 15 or the National Day in France.

New Delhi: Emmanuel Bonne, diplomatic adviser to French President Emmanuel Macron, called on Prime Minister Narendra Modi in New Delhi on Thursday, with the latter highlighting the close cooperation between the two countries in various areas. According to the prime minister’s office, Bonne briefed Modi on the progress in various areas of bilateral cooperation in the context of PM’s forthcoming visit to France.

Let's take a look at Thursday's Order of Play: CENTRE COURT — 13:30 START Liam Broady (GBR) vs Casper Ruud (NOR) [4] Alize Cornet (FRA) vs Elena Rybakina (KAZ) [3] Andy Murray (GBR) vs Stefanos Tsitsipas (GRE) [5] No.1 COURT — 13:00 START Alexander Zverev (GER) [19] vs Gijs Brouwer (NED) Sloane Stephens (USA) vs Donna Vekic (CRO) [20] Jessica Pegula (USA) [4] vs Cristina Bucsa (ESP) No.2 COURT — 11:00 START Elise Mertens (BEL) [28] 25 vs Elina Svitolina (UKR) 28 Andrey Rublev [7] 97 vs Aslan Karatsev 100 Danielle Collins (USA) 13 vs Belinda Bencic (SUI) [14] 16 Daniil Medvedev [3] 33 vs Adrian Mannarino (FRA) 35 No.3 COURT — 11:00 START Tomas Martin Etcheverry (ARG) [29] 121 vs Stan Wawrinka (SUI) 124 Not before 12:30 Viktorija Golubic (SUI) 101 vs Anna Karolina Schmiedlova (SVK) 102 T/F 6/3 0/0 Leylah Fernandez (CAN) 62 vs Caroline Garcia (FRA) [5] 64 Ilya Ivashka 21 vs Grigor Dimitrov (BUL) [21] 24 COURT 12 -11:00 START Karolina Muchova (CZE) [16] 113 vs Jule Niemeier (GER) 114 Not before 12:30 Matteo Berrettini (ITA) 13 vs Lorenzo Sonego (ITA) 14 T/F 6/7(5) 6/3 7/6(7) 1/1 Viktoriya Tomova (BUL) 90 vs Katie Boulter (GBR) 91 Frances Tiafoe (USA) [10] 17 vs Dominic Stricker (SUI) 19 Not before 17:30 Jamie Murray (GBR) / Michael Venus (NZL) [13] 41 vs Albano Olivetti (FRA) / David Vega Hernandez (ESP) 42 COURT 18 — 11:00 START Jan Choinski (GBR) 117 vs Hubert Hurkacz (POL) [17] 120 Not before 12:30 Kimmer Coppejans (BEL) 15 vs Alex De Minaur (AUS) [15] 16 T/F 7/6(5) 3/6 3/6 0/0 Marie Bouzkova (CZE) [32] 57 vs Anett Kontaveit (EST) 59 Mikael Ymer (SWE) 77 vs Taylor Fritz (USA) [9] 80 COURT 4 — 11:00 START Xinyu Wang (CHN) 30 vs Sofia Kenin (USA) 31 Not before 12:30 Matteo Arnaldi (ITA) 29 vs Roberto Carballes Baena (ESP)

Investing.com — European stock markets fell sharply Thursday, with risk sentiment hit by the release of hawkish minutes of the Federal Reserve’s June meeting as well as weak economic signals.

Behind the deadly front lines where Ukrainian and Russian soldiers are locked in combat, a less-noticed life-or-death battle is raging to keep troops supplied with arms and ammunition. The side that loses that fight is the one that will lose the war. It is a lesson Washington is relearning.

Japan Airlines has come up with a solution that it hopes will convince passengers to travel light — renting clothes.Japan Airlines Co. and Sumitomo Corp. have joined forces to introduce a new service that will revolutionize travel to Japan. Tourists and business travelers visiting the country will soon have the opportunity to travel light and rent clothing during their stay. One set of clothing will cost ¥4,000 to ¥7,000 ($28-$49), and people will be able to rent up to eight outfits for as long as two weeks, in three sizes: small, medium and large. Chosen styles — smart, smart casual and mixed — will be delivered to a traveler’s designated hotel. The primary objective of this initiative is to promote sustainable tourism while providing utmost convenience to visitors. Prior to boarding a Japan Airlines-operated flight, travelers will have the option to choose clothing based on their size and seasonal requirements through a dedicated website. The service will be available for a trial period until August 2024.

savium (eager mouth kisses), and basium (lip kisses). The French kiss, known for its passionate nature, gained popularity during World War I.

Hindustan Times report cited that Bonne will engage in intense discussions with National Security Advisor Ajit Doval. Additionally, he is expected to meet with Prime Minister Narendra Modi before departing for France later that evening.  This series of meetings will lay the foundation for the bilateral talks between PM Modi and President Macron on July 13, as well as the grand celebration on Bastille Day, July 14.

Europe's Ariane 5 rocket on Wednesday blasted off from French Guiana for the final time, carrying two military communications satellites and leaving its nations with a vacuum in autonomous access to space for the first time in more than four decades. The 53-metre-tall, three-stage launcher left the launchpad in the French spaceport of Kourou on its 117th and final mission at 7 p.m.

economic activity fell in June. According to revised figures from the HCOB Eurozone Composite purchasing managers' index, Eurozone economic activity fell to 49.9 points in June, just under the 50-point mark indicating zero growth. The EURO STOXX 50 index closed 0.9% lower, its worst session since end May.

NEW DELHI : Exports by Indian sellers to Amazon marketplaces the world over are on track to surpass $8 billion in 2023, said a top executive at the company. The business update comes over a year after the global e-commerce marketplace had doubled targets to achieve $20 billion in cumulative e-commerce exports from India by 2025. The update is part of Amazon Global Selling, the retailer’s e-commerce exports program, that has grown to more than 1.25 lakh Indian exporters since its launch in 2015.

MILAN (Reuters) — Stellantis on Wednesday unveiled its new 'STLA Medium' vehicle platform, the first of four new electric-centric bases that will underpin all future models made by the world's fourth largest carmaker by sales.

Egypt: 9:00 PM France: 9:00 PM Israel: 10:00 PM Italy: 9:00 PM Morocco: 9:00 PM Norway: 9:00 PM Poland: 9:00 PM Portugal: 8:00 PM Saudi Arabia: 10:00 PM Serbia: 9:00 PM Spain: 9:00 PM Sweden: 9:00 PM Switzerland: 9:00 PM Ukraine: 10:00 PM United Arab Emirates: 11:00 PM United States: 3:00 PM (Eastern Time)

China has decided to impose an export ban on criti... moreChina has decided to impose an export ban on critical rare elements Gallium & Germanium.

Below, we present some of the largest capitalization companies in Italy, France, Spain, Germany, and the United States. Each of these companies holds a significant position in their respective countries' markets. We will evaluate and determine which one ranks as the best, according to InvestingPro. Let's delve into their profiles: