Frankfurt am Main, Germany | AFP | Fears that cash-rich corporate raiders could use the coronavirus crisis to swoop on weakened European firms were perhaps best exemplified by Donald Trump’s alleged bid for a German biotech firm working on a vaccine. The outrage that followed has spurred fresh action by European …
Read More »French pension talks resume as govt seeks to end standoff
Paris, France | AFP | French officials prepared to restart talks with unions Tuesday over a pension overhaul that has sparked the country’s longest transport strikes in decades, which labour leaders say could force millions of people to retire later than they thought. Public support appears to be shifting in the …
Read More »France urges US to ‘come to its senses’ on digital tax
Paris, France | AFP | Finance Minister Bruno Le Maire called Monday on the United States to not follow through on threats to impose sanctions on France in a dispute over taxation of tech giants and warned of retaliation. “This trade war is in no one’s interest and I call on …
Read More »Responsible finance bets on green future
Paris, France | AFP | It’s a jungle out there as responsible finance investors seek ways to fund a green future for the planet. Here is a look at key terms used in the “green” investment world, and whether its various schemes are having a positive impact. – SRI or ESG? …
Read More »France passes law taxing digital giants in defiance of US anger
Paris, France | AFP | France on Thursday became the first major economy to impose a tax on digital giants, with parliament passing the legislation in defiance of a probe ordered by President Donald Trump that could trigger reprisal tariffs. The new law aims at plugging a taxation gap that has …
Read More »Europe wary as Facebook takes up cryptocurrency challenge
Paris, France | AFP | European financial leaders on Tuesday vowed vigilance after Facebook announced it was diving into the cryptocurrency market, as analysts warned the social media giant could face major regulatory questions. French Finance Minister Bruno Le Maire, whose government initiated a new tax on digital giants like Facebook …
Read More »Renault interested in Fiat Chrysler merger but to hold new meeting
Paris, France | AFP | French carmaker Renault on Tuesday said it was studying “with interest” an offer for a merger with Fiat Chrysler (FCA) after a crunch management meeting but added its board would meet again for further deliberations. The board of Renault had been expected to decide Tuesday to …
Read More »Air France-KLM shares plunge after Dutch buy stake
Paris, France | AFP | Shares in Air France-KLM plummeted on Wednesday, a day after the Dutch government said it took a large stake in the troubled airline in a bid to match the French state’s influence. France has reacted testily to the surprise intervention by the Netherlands, which said it needed to protect Dutch …
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