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French former culture and justice minister Rachida Dati has gone on trial in Paris over allegations that she accepted €900,000 from Renault-Nissan in exchange for political influence. Dati, who served as a European Parliament member between 2009 and 2019, says the payments were for legal services and denies wrongdoing. Prosecutors allege that the contract was […]
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L’Oréal became France’s most valuable listed company on Tuesday, overtaking luxury giant LVMH as weaker demand continues to weigh on the global luxury sector. L’Oréal’s market capitalisation reached around €203 billion, compared with about €201 billion for LVMH, marking the first time since 2017 that a non-luxury company has held the top position on the […]
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Finland has joined France’s initiative to expand cooperation with European partners on nuclear deterrence, the leaders of both countries announced on Monday. The move comes amid concerns over the future of US security commitments to Europe and the wider security impact of the war in Ukraine. France launched the Forward Nuclear Deterrence Initiative in March […]
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France has announced more than €1 billion in financial support for farmers affected by record heatwaves and droughts this summer. Agriculture Minister Annie Genevard said the package is a major effort given the country’s tight budget situation, with €520 million to be distributed through rapid payments to help cover weather-related losses. France’s main farmers’ union,
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Sweden has signed an order for four frigates from French defence company Naval Group, in a deal aimed at strengthening the country’s military capabilities. The agreement was signed in Stockholm in the presence of French President Emmanuel Macron and Swedish Prime Minister Ulf Kristersson. Sweden has accelerated defence spending since Russia’s invasion of Ukraine in […]