France Financial News

Lightyear, a European challenger to trading platform Robinhood, has raised $25 million of funding in an investment round backed by British billionaire Richard Branson.

Russian missile strikes in Ukraine's southern city of Mykolaiv killed at least five people, Ukrainian authorities said on Wednesday.

A Belarusian court has sentenced a journalist to more than eight years in prison for reporting on mass opposition protests in 2020.

The race to succeed Boris Johnson as the leader of the Conservative Party in Britain — and therefore, as UK prime minister — tightened on Wednesday.

Pope Francis has for the first time named three women to serve as members of the Vatican committee that vets bishop nominations.

Around two-thirds of refugees from Ukraine expect to stay in their host countries until hostilities subside and the security situation improves after Russia's invasion, a survey by the United Nations refugee agency UNHCR has found. The survey was conducted between mid-May and mid-June.

From Olivia Rodrigo to Lily Allen, Kendrick Lamar to Billie Eilish, musicians and artists at Glastonbury, devastated and furious, condemned the US Supreme Court's controversial reversal of Roe v Wade – a 1973 court case that granted US women a constitutional right to abortion.

The president of Sri Lanka, Gotabaya Rajapaksa, fled the country early Wednesday morning, hours before he was due to step down amid a devastating economic crisis that has triggered severe shortages of food and fuel.

Wildfires swept across Portugal's central region on Tuesday, forcing the evacuation of hundreds of locals, as firefighters struggled to put out flames at a time the country is battling a sweltering heatwave.

The bank has built its own DLT technology as well as an automated market maker platform inspired from the DeFi markets, which could serve as the basis of a multi-CBDC platform where different central banks come together to enable fast, automated and transparent settlement across currencies.Now, new experiments are under way, says François Villeroy de Galhau, governor of the Banque de France: "We want to get closer to a viable prototype, testing it in practice with more private actors and more foreign central banks in the second half of 2022 and in 2023. "This work ensures that we stand ready to bring central bank money as a settlement asset as early as 2023, with the implementation of the European pilot regime.

The first phase of experiments with a wholesale digital euro has been completed, and Phase 2 experiments will begin this year, Banque de France governor François Villeroy de Galhau said Tuesday. Four or five new experiments are expected to be launched. 

1. Ukraine braces for renewed Russian assault

Eight politicians are vying to replace Boris Johnson as the next Conservative Party leader and British prime minister.

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When Lia and Alex woke up in Mariupol to the loud booms of explosions and shrieks of car alarms on 24 February, the young Ukrainian couple did not expect they would soon have to bury their loved ones in their own garden and fend off cold and starvation as Russian troops pounded the southern port city into dust.

The value of the euro relative to the U.S. dollar has sunk near a two-decade low — and that's good news for Americans traveling to Europe this summer.

When Lia and Alex woke up in Mariupol to the loud booms of explosions and shrieks of car alarms on 24 February, the young Ukrainian couple did not expect they would soon have to bury their loved ones in their own garden and fend off cold and starvation as Russian troops pounded the southern port city into dust.

The euro and the dollar have reached parity for the first time in 20 years, signalling the market's assumption that the European economy is heading for a deep recession as a result of Russia's invasion of Ukraine.

French football team Paris Saint Germain (PSG) is resuming its Japanese tour for the first time in 27 years, and this time, the ticket for its scheduled fixtures is being sold in the form of non-fungible tokens (NFTs).

Eurozone finance ministers met to discuss soaring inflation and deteriorating growth prospects ahead of an Economic and Financial Affairs Council this week.

Ukraine expects a fresh assault by Russian ground forces, following widespread shelling which killed more than 30 people, as Kyiv's Western allies brace for a worsening of the global energy crisis if Russia cuts its supply of oil and gas.