France Financial News

09.12 / 08:47
Career Limelight film Actor singer Why Johnny Depp's son Jack is working in a bar despite his father's Rs 1,300 crore wealth
Jack Depp, the 22-year-old son of actor Johnny Depp and French singer Vanessa Paradis, has been quietly carving his path away from the limelight. Unlike his sister Lily-Rose Melody Depp, who is currently making waves in Hollywood with her role in Robert Eggers' Nosferatu, Jack has embraced a more low-profile existence. Despite his star-studded lineage, Jack has spent time working at a popular Lebanese restaurant, L’Area, in Paris's Bastille district. The trendy eatery, known for its exposed roof rafters, mosaic floors, and eclectic clientele of music, fashion, and film industry elites, including actors like Matt Damon and Matt Dillon, has become a local hotspot. According to Radar Online, Jack worked at the restaurant for two years, showcasing a strong work ethic both behind the bar and in the kitchen, before taking a break earlier this year. L’Area’s owner, Edouard Chueke, has managed the restaurant for over 15 years and revealed that Jack’s family, including his mother Vanessa Paradis and sister Lily-Rose, are frequent visitors. Jack’s mother has long been vocal about protecting her children from the pressures of fame. She has consistently emphasized their right to choose their own paths, away from the spotlight that often comes with having celebrity parents. Jack, who is bilingual and splits his time between
09.12 / 02:21
markets Software Enterprise awards Highways RPG Sporting Higher share of off-highway tires business to boost overall business margins: Anant Goenka
Ceat’s acquisition of Michelin's off highway tyre (OHT) brand Camso will help the RPG Group company boost margins by raising the share of these more-profitable tyres in the overall mix to 25-30% from the current 15%, Anant Goenka, vice chairman, RPG Enterprises told ET. Ceat signed a definitive agreement with the French tyre maker for acquiring the Camso brand for $225 million, the company said in a statement on Friday. OHT includes agriculture tyres, harvester tyres, power sports tracks and material handling tyres. “The acquisition will be margin accretive for us. The margins of this business are higher than the CEAT margins,” said Goenka. The entire category (OHT) margins are fairly high—at 15-20% compared to 12% for regular tyres, especially those that are operating or have the manufacturing in South Asia, he said.
09.12 / 01:43
markets UPS JPMorgan Research Trade President show Asian stocks weighed by South Korea; busy week for central banks
Political tumult in France and South Korea was joined by the fall of Syrian President Bashar al-Assad's regime, which complicated an already fraught situation in the Middle East.
09.12 / 01:43
markets Booking Compilation Software performer reports Stocks to buy: Consider stocks that beat analysts’ estimates, 5 stocks with up to 35.7% upside potential
Nifty 50, to rank among the worst performing global markets (after France and South Korea), between 27 September 2024 and 5 December 2024, according to data sourced from Reuters-Refinitiv for 22 global indices. The global indices cover the US, Europe, Asia, Russia and Latin America. Moreover, despite recovery in the first week of December, the last 10 weeks performance has also dragged the year-to-date performance of the Indian equity benchmark. The index was ranked second among the 22 global indices (after the Nasdaq Composite) based on returns between 29 December 2023 and 26 September 2024 (the day the Nifty 50 closed at its all-time high). However, after including the performance since the last week of September, the Nifty 50 has dragged to rank 11 in year-to-date performance. The Nifty 50 has delivered -5.6% returns in the last 10 weeks (since 27 September 2024) and 13.7% returns year-to-date. The returns and rankings are based on 5 December 2024 closing values.
08.12 / 19:21
markets UPS Career Trade performer Schools Some joy at BNP Paribas as controversial ex-trading boss joins rival
Francisco Oliveira has got a new job and in many ways it seems better than his old one. 
08.12 / 15:13
Manufacturing Strategy wellness RPG track reports Interviews Can Camso transform tyre maker Ceat into a high-margin business?
Subscribe to enjoy similar stories. Anant Goenka, vice-chairman of RPG Group, recalls a chance meeting with an HSBC banker during a flight from Delhi to Mumbai some six months ago, which sparked the conglomerate's interest in acquiring Michelin's off-highway tyres and tracks business. In the next 4-6 months, Ceat faced a brief process as it had to navigate competing interests from Indian and Chinese tyre manufacturers that were also pursuing Camso.
08.12 / 13:09
markets Platform Fighting President War social Trump calls for 'immediate ceasefire' in Ukraine after meeting Zelenskyy in Paris
immediate ceasefire in Ukraine, shortly after a meeting in Paris with French and Ukrainian leaders, claiming Kyiv «would like to make a deal» to end the more than 1,000-day war. In a post on his Truth Social platform, Trump claimed that Moscow and Kyiv have both lost hundreds of thousands of soldiers in a war that «should never have started.» «There should be an immediate ceasefire and negotiations should begin. Too many lives are being needlessly wasted, too many families destroyed,» he said, as he called on Russian President Vladimir Putin to act to bring the fighting to an end.
08.12 / 10:09
Booking Landmark President Pride performer Features Notre Dame cathedral in Paris re-opens for public after 5 years: Timings, how to book online and other entry rules
The Archbishop of Paris officially reopened Notre Dame Cathedral on Saturday, marking the restoration of the historic 12th-century landmark after the catastrophic fire of 2019. In a symbolic gesture, Laurent Ulrich knocked on the grand doors and stepped into the beautifully restored space. Dressed in newly designed vestments and carrying a staff crafted from a roof beam that survived the blaze, Ulrich led a two-hour ceremony attended by hundreds of VIPs inside the Gothic cathedral. Commanding the doors to “open,” he entered the transformed masterpiece to begin the event.
08.12 / 07:57
economy Election wellness Trade President country reports Europe's economy needs help. Political chaos in France and Germany means it may be slower in coming
Europe's economy has enough difficulties, from tepid growth to trade tensions with the U.S. Dealing with those woes is only getting harder due to the political chaos in the two biggest European countries, France and Germany
08.12 / 05:19
markets UPS Strategy economy Trade Charting the global economy: French government topples
Marine Le Pen teamed up with a left-wing coalition to topple the French government, pitching the country into a prolonged period of turbulence that’s likely to further unsettle investors. A majority of lawmakers in the National Assembly backed a no-confidence vote against Prime Minister Michel Barnier’s three-month-old administration following a dispute over next year’s budget. It was the shortest tenure for a premier since France’s Fifth Republic was founded in 1958. In the US, job growth picked up in November, a month after employment was constrained by two hurricanes and a commercial aircraft machinists’ strike. The unemployment rate, however, rose as long-term joblessness reached an almost three-year high.
08.12 / 02:25
markets Digital Software President Experts Schools Notre Dame re-opens five years after devastating fire in 2019
Wearing new designer vestments and carrying a staff cut from one of the roof beams that survived the inferno, Laurent Ulrich joined hundreds of VIPs inside the Gothic masterpiece for a two-hour ceremony. Ulrich commanded the cathedral to «open your doors» and he entered the magnificently-restored edifice.
07.12 / 18:35
markets Digital Software wellness President War Relationships Macron welcomes Trump in Paris with presidential pomp
Macron welcomed Donald Trump to Paris on Saturday with a full a dose of presidential pomp as the two men resumed the relationship they established during Trump's first term after a four-year hiatus. Trump, the once and future American president, said the two would be discussing a world that's gone «a little crazy» as they met one on one before a celebration of the reopening of Notre Dame Cathedral five years after a devastating fire. Trump's visit to France comes as Macron and other European leaders are trying to win Trump's favour and persuade him to maintain support for Ukraine in its defence against Russia's invasion. Macron's office said that would be discussed as well as the wars in the Middle East.
07.12 / 14:01
UPS economy War show gatherings International Notre Dame Cathedral is reborn in a darkened world
Subscribe to enjoy similar stories. PARIS—The limestone facade of Notre Dame Cathedral is radiant. Its ornate gargoyles and angels show no signs of the smoke and flames that once billowed from the church.
07.12 / 12:31
Williams Landmark security Strategy President Celebrity International Notre Dame set to reopen after years of restoration: Macron and Trump among guests at its historic reopening
Notre Dame Cathedral, the iconic Parisian landmark nearly lost to a devastating fire in April 2019, reopened on Saturday, marking a historic moment of achievement and resilience. The event attracted dignitaries from across the globe, including US President-elect Donald Trump, Britain’s Prince William, and First Lady Jill Biden, alongside French President Emmanuel Macron, who championed the ambitious five-year restoration timeline. The reopening ceremony began with Archbishop of Paris Laurent Ulrich symbolically tapping the cathedral’s grand wooden doors three times with a staff crafted from charred remnants of the original roof. This act, steeped in tradition, officially declared the cathedral open for worship. Hymns, prayers, and the resonating tones of the restored 8,000-pipe organ followed, reawakening a sacred space silenced for years.
07.12 / 12:31
Landmark Strategy Experts War Celebrity choir Features Notre-Dame cathedral re-opens today: 5 unique facts you must know about France's iconic medieval landmark
The 12th-century Gothic masterpiece has now been masterfully restored after a fire gutted the UNESCO World Heritage Site. It will be reopened to the public on Sunday following a ceremony on Saturday, which will be attended by a lineup of heads of state and top-level delegates from around the world- a rare moment of unity against the backdrop of global divisions and conflicts. ALSO READ:
07.12 / 08:29
UPS Football Adidas President Celebrity show Brazil extends Nike kit deal to 2038 and it's worth $100 million per year, AP source says
Brazil soccer has extended its kit deal with Nike by 12 years to 2038
06.12 / 21:29
markets Digital Election President Experts PAM social French President Emmanuel Macron accused of boss-level trolling of Donald Trump on social media; here's what he posted
Donald Trump on winning the 2024 election. But for humorous reasons, one post stood out. French President Emmanuel Macron is among the world leaders who have congratulated Donald Trump on his recent victory in the US election. However, one word in Macron's statement has undoubtedly caused some people to take notice. The French leader stated on social media that he is ready to work together with Trump, just as they did during the 78-year-old's previous term in office, which lasted from 2017 to 2020.
06.12 / 21:07
markets UPS economy Sustainability Trade President country The EU and a South American trade bloc reach a giant trade deal after 25 years of talks
The European Union has reached a blockbuster free trade agreement with Brazil, Argentina and the three other South American nations in the Mercosur trade alliance
06.12 / 10:27
markets Strategy Software trends country Equality Relationships Why South Korean and Japanese women are choosing American or European husbands
Data reveals a clear preference among these women for Western partners. In South Korea, 28% of international marriages in 2023 involved American men, followed by 18% with Chinese men. Marriages to men from other Western countries, including France, Italy, Germany, the UK, Canada, Australia, and New Zealand, accounted for approximately 17%. A similar trend appears in Japan, where American men were the top choice among foreign grooms for Japanese women. Japanese men seeking foreign brides, however, primarily choose women from China and the Philippines.
06.12 / 01:43
markets security Software President country social reports French President Emmanuel Macron vows to stay in office despite no-confidence vote, pledges to appoint new PM soon
Macron also emphasised his responsibility to ensure the continuity of the state, the proper functioning of institutions, and the protection of the French people. The remarks by the French President came while he addressed the nation on Thursday from the Elysee Palace.

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