Why Makron? Biden’s state dinner highlights France’s appeal to the US

WASHINGTON, Nov 30 (Reuters) – President Joe Biden’s welcoming of French President Emmanuel Macron during the first state visit from the White House on Thursday since the US Democrat took office in early 2021 is being celebrated by officials from both countries as a recognition of France’s status as America’s oldest ally. The visit also … Read more

The European STOXX 600 closes slightly lower; focus on euro zone inflation data

German, Spanish inflation decreases more than expected ASM rises on expectation of smaller sales decline in China Nov 29 (Reuters) – Europe’s STOXX 600 index slid in cautious trading on Tuesday as a decline in technology and chemicals stocks offset a rally in commodity-linked stocks spurred by hopes Beijing could ease COVID-19 restrictions ease after … Read more

France’s Le Maire: Europe must defend its economic interests against the US subsidy package

PARIS, Nov 27 (Reuters) – France may try to negotiate some exemptions from the levies and limits imposed by the US anti-inflation law, but Europe must act to protect the bloc’s economic interests, said finance minister Bruno Le Maire Sunday. Le Maire will accompany French President Emmanuel Macron on a state visit to the United … Read more

Black Friday faces green backlash in Belgium

GHENT, Belgium, Nov 25 (Reuters) – Black Friday deals have sparked a backlash in Belgium, with some companies turning down promotions and choosing to close for the day or even offering to repair used clothes for free. In the clothing store Xandres, in Flemish Ghent, a sign hung on the window: “Green Friday – closed … Read more

Amazon employees protest on some German, French sites on Black Friday

Actions part of global call by Make Amazon Pay initiative Demonstration calls for better pay Amazon says no disruption to operations BERLIN/PARIS, Nov 25 (Reuters) – Some employees at Amazon (AMZN.O) branches in Germany and France took down tools on Black Friday as part of a global move to target the online retailer on one … Read more

Europe hardest hit by global slowdown -OECD

Global growth to fall from 3.1% in 2022 to 2.2% in 2023 National outlooks vary widely, with the UK lagging behind other economies Central banks urged interest rates to keep raising rates PARIS, Nov. 22 (Reuters) – The global economy should avoid recession next year, but the worst energy crisis since the 1970s will trigger … Read more

France’s Macron accuses Russia of ‘predatory’ influence in Africa

PARIS, Nov. 20 (Reuters) – President Emmanuel Macron accused Russia of running anti-French propaganda in Africa to serve “predatory” ambitions in troubled African countries, where France has suffered military setbacks in recent years and a greater loss of influence past. Speaking on the sidelines of a summit of francophone countries in Tunisia, Macron was asked … Read more

Morning offer: Bulls take cover

A look at Anshuman Daga’s European and global markets ahead of the day ahead: Enthusiasm over recent moves by Chinese authorities to revise the country’s zero-COVID policy is giving way to renewed caution as Beijing’s number of COVID cases rose, causing stocks and currencies to become risk averse, while oil prices reached its lowest point … Read more

Europe is rushing to fill up on Russian diesel before the ban kicks in

LONDON, Nov. 21 (Reuters) – European traders are scrambling to fill tanks in the region with Russian diesel before an EU ban takes effect in February as alternative sources remain limited. On February 5, the European Union will ban the import of Russian oil products, on which it heavily depends for its diesel. That follows … Read more

G7 calls for ‘significant’ UN response to North Korea missile launches

ROME, Nov 20 (Reuters) – The United Nations Security Council must take “significant action” in response to North Korea’s latest intercontinental ballistic missile launch, foreign ministers from the Group of Seven (G7) major industrialized nations said Sunday. . The Security Council will discuss North Korea in a meeting Monday at the request of the United … Read more