Les Echos News
08.08 / 01:00
UPS
Man
JPMorgan
Platform
AXA
shock
Morning Coffee: 2,400 buy-side employees are wondering about their jobs this morning. The shaming of the most hubristic man in finance
France is in shock. BNP Paribas is acquiring Axa Investment Managers to create a new pan-European asset management firm with €1,500bn in assets under management and «powerful platforms of public and private assets.» The deal, which bankers from JPMorgan and Zaoui are advising Axa on according to Les Echos, won't close until 2025, thereby Axa's 2,400 people ample months to contemplate their fates.
13.11 / 15:45
markets
Digital
Man
Google
Platform
Action
social
Europe's richest man sues the world's richest man Elon Musk for this reason
social media platform X (formerly Twitter) for using his newspapers’ content without proper payment. This legal battle involves Arnault's newspapers, Le Parisien and Les Echos, alongside French dailies Le Figaro and Le Monde, who claim X failed to negotiate content remuneration as mandated under European law. Here’s what you need to know:
23.02 / 17:17
Citi
Art
Patrick
wellness
love
Celebrity
travelers
An Insider’s Guide to the Best Chocolate in Paris
FRANCE’S LOVE AFFAIR with chocolate runs deep in the culture. “In French we would say, ‘On baigne dans le chocolat depuis tout bébe.’ We bathe in chocolate from babyhood," mused Paris native Cécilia Jourdan, CEO and founder of the Hello French online language program. “You know, instead of having a bottle of milk, I’m sure some of us have hot chocolate as babies." She was only half-joking.
06.09 / 17:15
UPS
Man
Debt-laden Altice in talks to sell data centres to Morgan Stanley - Les Echos
PARIS (Reuters) — Cable and telecoms group Altice is nearing a deal to sell its data centres in France to Morgan Stanley Infrastructure Partners, Les Echos reported on Wednesday, as the group of French-Israeli billionaire Patrick Drahi rushes to free up cash.
13.07 / 06:21
Action
'India's stand transparent, consistent,' affirms PM Modi on Ukraine war
Prime Minister Narendra Modi said that India's stand on the Ukraine war remains clear, transparent and consistent. Narendra Modi in an interview with Les Echos, a French financial newspaper, said, “India's stand has been clear, transparent and consistent.
05.05 / 13:07
Binance
regulation
Exchange
After Binance Secures French License, New Hires Underway, Hopes for New Permits
After securing the right to offer its services in the French market, major crypto exchange Binance plans to hire up to 250 employees in France and hopes this new license will help expand in other markets too.
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