France Financial News
14.03 / 15:47
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Headlines
From champagne to bourbon, alcohol lands on front lines of global trade war
Subscribe to enjoy similar stories. Alcohol has landed on the front lines of a global trade war, throwing French wines, Irish whiskeys, Kentucky bourbon, Japanese beer and Mexican tequila into the crossfire between the U.S. and its biggest trading partners.
14.03 / 09:13
markets
COST
UPS
Digital
CEO
Mobile
Barcelona
'Please unleash us,' Europe's telcos urge regulators as industry bangs drum for more mega-deals
BARCELONA — Europe's telecommunication firms are ramping up calls for more industry consolidation to help the region compete more effectively with superpowers like the U.S. and China on key technologies like 5G and artificial intelligence.
14.03 / 02:39
Reuters
security
Nestle
Trade
President
show
G7 seeks unity as Trump's tariffs, Ukraine stance weighs on ties
G7 nations were set to negotiate late into the night over a joint statement to show a united front in Canada on Thursday after weeks of tension between U.S. allies and President Donald Trump over his upending of Western trade and security policy. The Group of Seven ministers from Britain, Canada, France, Germany, Italy, Japan and the United States, along with the European Union, convened in the remote tourist town of La Malbaie, nestled in the Quebec hills, for meetings on Thursday and Friday that in the past have been broadly consensual. U.S. Secretary of State Marco Rubio briefed his colleagues on talks on Tuesday with Ukraine in Jeddah, Saudi Arabia, where Kyiv said it was ready to support a 30-day ceasefire deal. But officials said ambiguous comments by Russian President Vladimir Putin left delegates unclear where things stood. In the run-up to the first G7 meeting of Canada's presidency, the crafting of an agreed all-encompassing final statement had been tough, but diplomats said the atmosphere since had been positive and candid.
13.03 / 13:57
markets
UPS
economy
Trade
Universities
show
reports
Posthaste: 'Yellow flags' signal cracks forming in Donald Trump's economy
Donald Trump has “big” plans for the U.S. economy — a smaller public sector, overhauling global trade so that it benefits Americans and new tax policies that aim to spur growth.
13.03 / 12:21
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country
social
Trump threatens 200% wine tariff if EU does not remove whiskey tariff
200% wine tariff on all wines and other alcoholic products coming out of EU countries if the bloc did not remove its tariff on whiskey. «The European Union, one of the most hostile and abusive taxing and tariffing authorities in the World, which was formed for the sole purpose of taking advantage of the United States, has just put a nasty 50% Tariff on Whisky,» Trump wrote in a post on Truth Social. «If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U.
13.03 / 12:07
13.03 / 07:03
markets
UPS
CEO
Food
Nestle
President
War
The Trump effect heads abroad. European CEOs are getting ousted.
Subscribe to enjoy similar stories. As President Donald Trump ramps up his trade war with the rest of the world, there’s a message for the CEOs of European companies that have struggled to keep up with U.S. peers: Time’s up.
13.03 / 06:11
Provident
Reuters
Progressive
President
reports
peace
Russia-Ukraine ceasefire deal: Trump warns Putin of 'doing things' that would be 'very bad'
Donald Trump has warned his Russian counterpart of «doing things» if the nation refuses for a ceasefire deal with Ukraine. He suggested that financial measures could be used to pressure Moscow but emphasised his priority was achieving peace. While responding to the question about pressuring Russia, Trump said, «I can do things financially, that would be very bad for Russia. I don't want to do that because I want to get peace.» He has said that a ceasefire in Ukraine would benefit Russia but warned of potential downsides, without providing further details. According to Reuters, Trump confirmed that US officials were set to visit Russia to discuss a proposed 30-day halt in hostilities and the possibility of peace talks. After extensive discussions in Saudi Arabia, Ukraine agreed to a ceasefire, leaving the next move to Russia. «Hopefully we can get a ceasefire from Russia,» Trump told reporters in the Oval Office, adding that he had received positive signals but remained cautious about the situation. The Kremlin, meanwhile, stated that it was awaiting details from Washington before responding to the proposal.
13.03 / 05:07
security
economy
President
War
country
International
Power, Money, Territory: How Trump shook the world in 50 days
Donald Trump has done more than any of his modern predecessors to hollow out the foundations of an international system that the United States painstakingly erected in the 80 years since it emerged victorious from World War II. Without formally declaring a reversal of course or offering a strategic rationale, he has pushed the United States to switch sides in the Ukraine war, abandoning for a time all talk about helping a nascent, flawed democracy defend its borders against a larger invader. He did not hesitate when he ordered the United States to vote with Russia and North Korea — and against virtually all of America's traditional allies — to defeat a U.N.
12.03 / 02:31
security
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Battlefield
country
peace
Ukraine hopes its ceasefire offer will turn the tables on Russia
Subscribe to enjoy similar stories. ON THE battlefield Ukraine has more than once turned looming catastrophe into partial success against Russia. It might have pulled off a similar feat in the diplomatic realm on March 11th, when it agreed in principle to an American proposal for an “immediate" 30-day ceasefire.
12.03 / 02:19
security
President
War
Freedom
reports
travelers
International
US VP JD Vance to visit India with Second Lady Usha Vance: Report
Vice President JD Vance will travel to India later this month, joined by Second Lady Usha Vance. According to a Politico report citing three sources familiar with the plans, «Vice President JD Vance will travel to India later this month alongside Second Lady Usha Vance.» This will be Vance’s second foreign visit since assuming office. His first trip took him to France and Germany, where he made his global debut as vice president. While the upcoming trip is another step in his diplomatic engagements, for Usha Vance, it holds personal significance—it will be her first visit to India as Second Lady. Her parents emigrated from India to the United States, making this trip a homecoming of sorts.
12.03 / 02:05
UPS
wellness
Trade
country
reports
International
Arming up: ‘Be Indian, buy Indian’ is a useful mantra for strategic autonomy
Subscribe to enjoy similar stories. India has long been counted among the world’s top importers of arms. So, any slip in our worldwide rank grabs attention.
11.03 / 11:38
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Pharmaceuticals
Zydus Lifesciences to buy 86% stake in French medical devices maker
Zydus Lifesciences said on Tuesday it will acquire an 85.6% stake in France's Amplitude Surgical for 256.8 million euros (nearly $280 million) as part of its plans to expand further in the global medical devices market. The acquisition, which is a nearly 81% premium to Amplitude's last close, comes as India's pharmaceutical industry is bracing itself for U.S. President Donald Trump's plans to tax pharmaceutical imports. The United States is Zydus Lifesciences's biggest market, accounting for 47% of total revenue, followed by India.
11.03 / 06:49
markets
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pandemic
Trade
President
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country
America First: Trump’s trade aggression could trigger another eurozone crisis
Subscribe to enjoy similar stories. At the first cabinet meeting of his second term in office, US President Donald Trump declared his intention to impose a sweeping 25% tariff on all imports from the European Union.
11.03 / 00:09
markets
CEO
Food
trends
beautiful
reports
Courts
Malls divert more space to beauty brands as consumer preferences shift
Subscribe to enjoy similar stories. Consumers are expected to shift spending from categories such as apparel and footwear to beauty and eating out over the next four to five years, prompting retailers and mall developers to re-examine their portfolios of offerings. Dalip Sehgal, CEO, Nexus Select Trust, which operates a portfolio of over 18 premium malls in India, said consumers are increasingly diversifying their expenditure with more focus on experiences and grooming.
10.03 / 23:47
10.03 / 17:53
10.03 / 14:11
MET
Research
band
performer
stars
2020
Investors want a piece of DeepSeek. Its founder says not now.
Subscribe to enjoy similar stories. The founder of Chinese artificial-intelligence star DeepSeek has rejected proposals to make quick money from his programs, telling prospective investors that he wants to keep the science-project ethos that brought him global renown. Overwhelmed by millions of users, DeepSeek’s chatbot has frequent service hiccups, and authorities around the world are restricting its use over data-security concerns.
09.03 / 10:51
markets
Art
WhatsApp
Photos
country
ventilators
Schools
Art lovers mob Paris Pompidou Centre ahead of five-year closure
«Five years — it's long!» exclaimed one guide, Elisa Hervelin, as people around her took photos of many of the museum's permanent works, among them paintings by Salvador Dali and Henri Matisse and sculptures by Marcel Duchamp. The 2,000-piece collection, on display on the fourth and fifth floors on the 48-year-old multicultural centre, are to start being taken away from Monday.
09.03 / 08:49
markets
Citi
Research
President
RAI
country
France mulls welcome for researchers fleeing Trump's US
France has urged the country's research institutions to consider how to welcome scientists abandoning the United States in response to President Donald Trump's policies, AFP learned on Sunday. Since Trump returned to the White House, his government has cut federal funding for life-saving research and moved to dismiss hundreds of federal workers working on health and climate. «Many well-known researchers are already questioning their future in the United States,» France's minister for higher education and research Philippe Baptiste wrote in a letter to the country's institutions.
09.03 / 05:45
markets
Fighting
security
President
Experts
International
How would peacekeeping work in Ukraine? These experts gamed it out.
Ukraine. Last week, that group of experts went public for the first time, publishing a 31-page paper that delves into the technical details of how a ceasefire along a more than 700-mile front line could be monitored and enforced. The paper was shared last month via another confidential channel: a recurring meeting in Geneva between American, Russian and Ukrainian foreign-policy experts who are close to their governments. The paper, one of the most detailed templates for a Ukraine ceasefire to have been published, is a sign of how quickly the topic of planning for a ceasefire has gone from a controversial and theoretical exercise to an urgent and practical issue.
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