France Financial News

Indian students are intent on adding that foreign education experience on their CV. As Canada, Britain and Australia set conditions and caps for foreign students, Indians are looking elsewhere. Barring the US, which continues to dominate the destination wishlist, students are now opting to study in countries that were previously not on their list for reasons such as language barrier, strict work-study norms and higher financial requirements. As some of the traditional favourite education destinations limit entry, others, particularly non-English-speaking countries, are improving the 'ease of onboarding international students'.

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Due to step down on 1 January, Noyard will be replaced by Nicolas Jullien, who has been at Candriam for 17 years and will move into the new role from his current position as head of high yield and credit arbitrage.  Candriam unveils ESG equity market neutral fund Prior to his extensive tenure at Candriam, Noyard was previously a portfolio manager at Neuflize Schlumberger Mallet in France. As part of the change, Jullien will continue to head up the high yield and credit arbitrage team while also leading the fixed income team, managing a combined €32bn in assets.  Candriam's chief...

European shares started Monday on a subdued note as investors maintained a cautious stance ahead of a slew of key economic data from the region through the week. The pan-European STOXX 600 index held its ground at 514.43, as of 0710 GMT.

Subscribe to enjoy similar stories. Mumbai: As the beauty industry pivots to personalization, L’Oréal, the global cosmetics leader with annual revenue exceeding $40 billion, recognizes the critical role of marketing. As the fourth-largest advertiser worldwide, the French multinational allocates around 32% of its net sales to advertising and promotions, according to Asmita Dubey, L’Oréal’s global chief digital and marketing officer.

Scotch whisky and fine wines registering double-digit growth, outpacing consumption rates in the US and China, according to a Switzerland-based researcher. «One subcategory where India surpasses China and is growing at double the rate of the USA over a five-year CAGR is Scotch luxury whisky,» Simon Joseph, a senior luxury brand builder and consumer experience expert based in Zurich, said. Joseph, a researcher with Glion Institute of Higher Education, said according to various data forecasts, the luxury Scotch whisky market is also growing at 16 per cent CAGR up to 2024-end. Scotch whisky exports to India grew at a compound annual growth rate of 66% up to 2022, outpacing the US, China, and other significant markets, Joseph said, citing data from the UK-based Scotch Whisky Association (SWA).

Clearly, the man had thought about this quite a lot, to the point of harbouring the kind of concern that people with less money and thinner mattresses keep hidden under their mattress. His reply was honest and disarming. 'It's like driving' — what he meant was 'being driven in' — a Porsche on pothole-ridden roads. Everywhere I go, I'm admired and resented in equal measure.' I honestly expected him to say that India was no longer a poor country and quote the likes of Surjit Bhalla. His candour impressed me. Being very, very rich in a poor country — poor being not so much in abstract, theological GDP terms, but in its look, smell and feel — has its unique pressures. One would think that it would be more comfortable being super-rich here, like Napoleon hanging out with seven dwarves. But it turns out that it's more like being Beethoven at a jagran.

IDF) announced the death of Ibrahim Aqil, the alleged head of Hezbollah's Operations Unit, in a targeted strike in Beirut. The operation also killed members of Hezbollah's Operations Staff and commanders from the Radwan Unit. The IDF reported that Aqil and the other commanders were planning a major attack called the "Conquer the Galilee" plan, aiming to infiltrate Israeli communities and target civilians. «I can now confirm that Ibrahim Aqil was eliminated together with other senior terrorists in Hezbollah's Radwan forces. Ibrahim Aqil had the blood of many innocent people on his hands. Israelis, Americans, French, Lebanese and more,» stated IDF spokesperson Rear Admiral Daniel Hagari.

Adani Total Gas, the equal joint venture between Adani Group and French energy major Total Energies, has raised over ₹3,131 crore ($375 million) from BNP Paribas, DBS Bank, Mizuho Bank, MUFG Bank and Sumitomo Mitsui Banking Corporation, the company said on Friday. The facility will fast-track the capital expenditure programme enabling Adani Total Gas to rapidly expand its city gas distribution network into its 34 authorised geographical areas (GAs) across 13 states, the company said in a regulatory filing, adding that this development agenda will cater to up to 14% of India's population covering more than 200 million people.

Hezbollah official Ibrahim Aqil was killed in a targeted strike in the Jamous area south of Beirut on Friday, as confirmed by both Hezbollah and the Israeli military. Aqil was a member of the group’s military council and led Hezbollah’s Operations Unit for two decades. Rear Adm. Daniel Hagari, an IDF spokesman, stated, “Ibrahim Aqil had the blood of many innocent people on his hands — Israelis, Americans, French, Lebanese and more.” He added that Aqil and other members killed in the strike were in the process of planning additional attacks on Israel.

Mehul Choksi, are seeking to get him back to India from Belgium, where he has been spotted, said people with knowledge of the matter. One of the two prime accused in the $2-billion Punjab National Bank (PNB) fraud, Choksi-otherwise resident in Antigua-has proven elusive and is said to have to come to the European country for medical treatment, thus providing the agencies an opportunity to get hold of him. After getting wind of his visit, the Central Bureau of Investigation (CBI) sought the immediate detention of Choksi, said the people cited above. With Belgium seeking a formal extradition request, the Indian authorities are working on the process so that Choksi can be held and eventually brought to India, they added.

Adani Total Gas Ltd, the city gas joint venture of Adani group and French energy giant TotalEnergies, on Friday said it has secured USD 375 million funding from global lenders for expansion of its business. «The maiden financing of USD 375 million executed with international lenders include an initial commitment of USD 315 million with accordion feature to enhance the commitments,» the firm said in a statement. Five international lenders participated in the initial financing — BNP Paribas, DBS Bank, Mizuho Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation.

Adani Total Gas Ltd (ATGL), the equal joint venture between Adani Group and French energy major Total Energies, has raised Rs 3131 crore ($375 million) from BNP Paribas, DBS Bank, Mizuho Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation, the company said on Friday. The facility will fast-track the capital expenditure program enabling ATGL to rapidly expand its city gas distribution network into its 34 authorized Geographical Areas (GAs) across 13 states, the company said in a regulatory filing, adding that this development agenda shall cater to up to 14% of India’s population covering more than 200 million people. «The maiden financing of $375 million executed with international lenders includes an initial commitment of $315 million with an accordion feature to enhance the commitments,» ATGL said in a press statement.

Subscribe to enjoy similar stories. China’s weak consumer economy has claimed another victim: luxury cars. Mercedes-Benz late Thursday became the second luxury carmaker in as many weeks to cut its earnings guidance for the year.

First-time applications from people seeking asylum in European Union countries declined in June, with Syrians, Venezuelans, and Afghans being the primary applicants, a report from the bloc's statistics agency Eurostat showed on Friday. Eurostat reported 70,375 first-time asylum requests from non-EU citizens across the bloc's 27 countries, a decrease of 17% compared to June 2023. Syrians remained the largest share of applicants, accounting for 12% in June, followed by Venezuelans and Afghans, accounting for 9% and 8% respectively.

SpiceJet to negotiate with the lessors on the weekend and refused to interfere with the previous HC order that asked the airline to ground three engines and return them to its lessors — Team France 01 SAS and Sunbird France 02 SAS — in 15 days for non-payment of lease rentals. The Chief Justice of India told the airline, «If you don't comply, then you have to return the engines.» During the hearing, SpiceJet informed the Supreme Court that it was already in talks to make payments and was «ready to pay even today.»

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Subscribe to enjoy similar stories. Stellantis and Volkswagen posted significant drops in August new-car registrations in the European Union, contributing to a sharp overall decline as demand weakened in key markets and electric-vehicle sales fell. Consumers in core markets of Germany, France, Italy and Spain drove an 18% on-year drop in the bloc’s monthly registrations, which reflect sales, the European Automobile Manufacturers’ Association said Thursday.

Gérard Mestrallet, French President Macron’s Special Envoy for the India-Middle East-Europe Economic Corridor (IMEEC), who was in India this week told ET’s Dipanjan Roy Chaudhury that President Emmanuel Macron has made this project a priority. Macron sees IMEEC as a way to enhance connectivity and foster integration between India, the Arabian Gulf and the European Union. Q: Can you share French perspective on IMEEC? A: France has been a staunch supporter of the IMEEC project from the outset.

Pernod Ricard, which owns popular brands such as Absolute, Chivas Regal, and Glenlivet, said its India MD Jean Touboul on Wednesday. The India market, which reported a 6.1 per cent growth in net sales in FY24, has become a «growth engine» for Pernod Ricard, he said. The French company also owns the IMFL portfolio of Royal Stag, Blenders Pride and Imperial Blue. Besides, India has become the second largest market for Scotch whiskey Glenlivet and Irish whiskey Jameson as the Indian whiskey market is witnessing premiumisation, Touboul told PTI in an interaction. The company is also increasing exports from India by taking its Seagram's portfolio of Royal Stag, Blenders Pride and Imperial Blue to around 70 markets from the present 40 countries, targeting the Indian diaspora.