France Financial News

Kylian Mbappe sat out Paris St Germain's Ligue 1 game at the weekend, but their top scorer is set to return for the Champions League last 16 tie with Real Sociedad, manager Luis Enrique said on Tuesday. Mbappe, who has scored 30 goals in 29 games this season, was an unused substitute in Saturday's 3-1 win over Lille, a precaution taken after he took a knock to his ankle three days previously in another 3-1 win, over Brest in the Coup de France. The French forward has played the full 90 minutes in all six Champions League games this season for PSG and that doesn't look like changing when they host the Spanish side in Wednesday's first leg.

artificial intelligence rules ahead of a vote by the legislative assembly in April that will pave the way for the world's first legislation on the technology. Called the AI Act, the new rules aim to set the guardrails for a technology used in a broad swathe of industries, ranging from banking to cars to electronic products and airlines, as well as for security and police purposes.

By Joe Bavier and Boureima Balima

United States and Securities Exchange (SEC) Chair Gary Gensler claimed the federal agency takes its “cybersecurity obligations seriously” in a February 6 letter following last month’s SIM swap attack.

(Reuters) — Stellantis (NYSE:STLA) said on Monday it will invest 103 million euros ($111.02 million) at its Szentgotthard facility in Hungary to increase production capacity of electric drive modules that will help the automaker grow its electric-vehicle portfolio.

Lionel Messi vs. Kylian Mbappé showdown on a global soccer stage to follow their epic World Cup final in 2022. The men’s soccer tournament at the Paris Olympics starts July 24 and Argentina has now joined host France in the 16-nation lineup. After Argentina earned its Olympic place late Sunday, beating two-time defending champion Brazil, talk turned toward luring Messi to compete for a second gold medal 16 years after his first.

Mint explains: Beginning January, farmers from several member-nations of the European Union (EU)—Belgium, Bulgaria, France, Germany, Hungary, Italy, Poland and Spain—invaded cities with their tractors, burning tyres, dumping manure, raiding supermarkets, blocking access to ports and highways and choking city centres. They are protesting subsidy cuts, high energy prices, cheap grain imports from Ukraine, beef imports from Latin America, growing clout of big agribusiness and climate policies limiting the use of chemical inputs. It is a profitability crisis—due to higher farming costs and low produce prices.

Geographically, 20% of all European bonds are now green, social and/or sustainable, with Europe becoming the region issuing the largest number of GSS bonds at 66%.

Top NFT news today, February 12, 2024: Mastercard launches an NFT UEFA Champions League Trivia Game, Kresus wallet joins Sotheby’s Metaverse, and ByBit partners with UniSat.

Shares of Tod's SpA (TDPAY) surged more than 17% in Milan after the founding family of the luxury shoemaker reportedly joined forces with L Catterton, a private equity firm, in a renewed effort to take it private.

MILAN (Reuters) — Shares in Tod's rose 17.4% on Monday, after private equity firm L Catterton offered to buy 36% of the luxury shoemaker and take it private, in agreement with the Della Valle founding family.

AFP. The United States, Britain, France, China, Russia and members of the Southern African Development Community (SADC), a regional bloc, are among the countries that will benefit from this visa waiver.

By Giulio Piovaccari and Nick Carey

Coveted worldwide for their style, design and durability, but shut out of the Indian market over quality rules: That’s the paradox facing French luxury brands like Louis Vuitton, Dior and Christian Louboutin trying to sell their exquisite footwear in India. Footwear imports by these brands and others have faced hurdles after the government’s quality rules mandating the application of BIS standards for imported footwear, including embossing ISI marks on all footwear sold in India took effect in July 2023, three people aware of the matter said. Under the quality control order (QCO) on footwear, no company can manufacture, import, distribute, sell, hire, lease, store or exhibit any product in the country without the ISI mark.

MILAN (Reuters) -The founding family of Italian luxury shoemaker Tod's is trying to take the company private for the second time in less then two years, this time with the help of L Catterton, a private equity firm backed by France's LVMH.

Democrats have been reassuring themselves that President Biden’s cognitive decline is no obstacle to his re-election, but perhaps this week will be a tipping point. Special counsel Robert Hur’s report about the President’s failure to recall basic facts of his life and Mr. Biden’s multiplying public lapses are ample reason for urging him to withdraw from the 2024 race.

Tommy Hilfiger threw himself a welcome home party Friday night at Grand Central’s Oyster Bar for a New York Fashion Week bash

Simona Halep has been fighting “the hardest match” of her life. Now, the former World No 1 and Wimbledon champion awaits the verdict of a three-person independent panel at the Court of Arbitration of Sport (CAS) in Switzerland. If Halep loses, her career will be all but over, and tennis will have its biggest doping scandal since Maria Sharapova tested positive for meldonium in 2016. Halep is appealing a four-year ban imposed by the International Tennis Integrity Agency (ITIA) after testing positive for the banned substance Roxadustat at the 2022 US Open, while investigators also found irregularities in her biological passport. Halep denies wrongdoing and has blamed contaminated nutritional supplements for the findings. The charges brought before the CAS panel are serious, however. Roxadustat is used for the treatment of anaemia, but in a sporting context is prohibited because of its capacity to boost the production of red blood cells in the body. Its effect is similar to EPO, the doping product that has plagued major endurance sports such as cycling’s Tour de France.

Brad Pitt and Angelina Jolie concerning their French winery, Chateau Miraval, has taken a decisive turn in Pitt's favor. Recent court filings reveal a significant victory for the actor as a judge ruled against Jolie's attempt to sell her business share to a competitor. This development sheds light on the ongoing complexities of their post-divorce relationship, providing insight into the challenges they face in dividing their multimillion-dollar assets.

THE NEXT TIME you find yourself baffled by some of the airlines listed on an airport departure board, consider this: More than 300 international airlines operate worldwide—even if you always fly the same three or four giants. Though behemoths dominate the industry, some bantamweight contenders stand out as viable alternatives. Their pitch: These (mostly new) boutique airlines, which limit flights to just a few strategic destinations, promise not only savings but a better ride.

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