French Economy

Should we credit Trump for the Goldilocks economy?

When U.S. President Donald Trump speaks at the World Economic Forum in Davos, Switzerland, this week, expect a lot of chest thumping. And why not? The times, economically speaking, are good. The United States has its lowest unemployment rate in almost two decades, a raging stock market, rock-bottom …

Economics

Facebook to train 65,000, boost investment in France

Facebook has announced it is to train 65,000 French people in digital skills as part of a series of free schemes to help women set up businesses and …

Economy

French customs to hire hundreds of extra staff to cope with Brexit

French customs to hire hundreds of extra staff to cope with Brexit<p>PARIS (Reuters) - France will hire an extra 95 customs officers this year in a …

World Economy

With Versailles business summit, Macron seeks to bank on global appeal

© Reuters. French President Emmanuel Macron visits Toyota's automobile manufacturing plant in Onnaing<p>By Michel Rose<p>PARIS (Reuters) - President …

Emmanuel Macron

France's Macron Woos Big Names Like Facebook and Google

VERSAILLES, France—French president Emmanuel Macron wined and dined Davos-bound business leaders inside the Palace of Versailles on Monday in an effort to shake off the country’s image as a guillotine for foreign investment.<p>Some 140 executives, including Facebook Chief Operating Officer Sheryl …

World News

It’s June or nothing for eurozone reform: Bruno Le Maire

PARIS — Stop talking, start deciding.That’s the key message French Economy Minister Bruno Le Maire wants to send eurozone governments ahead of a …

Bruno Le Maire

Emirates saves future of A380 with order worth 16 billion dollars

Emirates Airlines on Thursday signed a deal to buy 36 Airbus A380 passenger planes worth 13 billion euros, just days after the French-based European …

Economy

Populist swing alarms financial titans

The $160bn Bridgewater hedge fund produced a chart last year about modern politics that was alarming for at least two reasons. First, the number …

World Economic Forum

Massive Paris metro expansion may be 12 billion euros over budget - audit

PARIS (Reuters) - France’s plans for a massive expansion of the metro network in and around Paris risk “considerable” cost overruns and may not be ready in time for the 2024 Olympics as planned, the country’s independent auditing body warned on Tuesday.<p>In a report seen by Reuters, the Cour des …

Economy

France's Le Maire Sees New Global Economic Order in Five Years

French Finance Minister Bruno Le Maire said a new global economic order will emerge over the next five years, and both France and the euro area must …

Business

French business creation surges as Macron promises 'start-up nation'

© Reuters. FILE PHOTO - French President Emmanuel Macron delivers his speech during the traditional New Year ceremony at the Cour de Cassation, …

Economic Data

At port in northern France, Brexit occupies minds and looms over planning

© Reuters. FILE PHOTO: View of cross-Channel ferries in the port of Calais, France, after Britain's referendum results to leave the European Union …

Brexit

Bank of France currency reserves partly held in Chinese yuan

© Reuters. FILE PHOTO: Illustration photo of a China yuan note<p>PARIS (Reuters) - The Bank of France said on Monday it already held some currency …

Economy

French finance minister pledges 'no new taxes' under Macron

PARIS (Reuters) - Emmanuel Macron's finance minister said on Friday there would be no new taxes during the president's five-year mandate, which runs until 2022.<p>Bruno Le Maire said a sizeable housing tax Macron is steadily reducing will be totally scrapped once a way has been found to ensure local …

Business

Use French upswing to push through reforms, IMF tells Macron

PARIS (Reuters) - French President Emmanuel Macron should seize the ideal opportunity of an economic upswing to make headway on his reform program, International Monetary Fund officials said on Monday.<p>Macron, elected last May on a pro-business reform agenda, overhauled France's labor code and …

Business

China's new 'Silk Road' cannot be one-way, France's Macron says

© Reuters. China's new 'Silk Road' cannot be one-way, France's Macron says<p>XIAN, China (Reuters) - French President Emmanuel Macron said on Monday …

China

Commentary: There’s a better way to unite Europe

The European political year, grinding back into gear for 2018, is full of doubt, even woe. In the continent’s major countries politics are stuck, or likely to stick, in cul-de-sacs from which exit is difficult. Only in France, under the banner not so much of the tricolor as the injunction En …

Opinion

Macron heading to China to strengthen economic ties

PARIS – French President Emmanuel Macron will head to China next week to strengthen commercial ties with the world's second-largest economy.<p>It will be Macron's first state visit to China since he won election last year.<p>According to the Elysee, Macron will meet with Chinese President Xi Jinping on …

China

France's Macron sets course for rapid changes this year

PARIS – French President Emmanuel Macron has urged his ministers to rapidly push on with measures to reform the country's economy, security apparatus and immigration framework.<p>Following the first meeting of Macron's cabinet this year, Prime Minister Edouard Philippe said the government has "a lot …

Business

France car registrations rise as diesel's share drops

New car registrations in France rose 4.74 percent to over two million in 2017, carmakers report, but the share of highly polluting diesel fell to …

Economy

Make reforms while sun shines on world economy: Lagarde

In an interview with France's Le Journal du Dimanche published on Sunday Lagarde said the strength of the global economic recovery had taken the IMF …

France

France Looks to Deepen Trade Ties With Russia and China

MOSCOW—France is losing its appetite for trans-Atlantic trade.<p>Economy and Finance Minister Bruno Le Maire said in an interview France was looking to China and Russia to act as a counterweight to increasingly uncertain trade relations with the U.S. and Britain.<p>The remarks are a sign of how European …

Business

Macron plans to tighten up on unemployment benefits

French President Emmanuel Macron came under fire Wednesday over his policy on jobless benefits after a press leak pointed to plans to tighten …

France

Macron predicts 'major' jobs gains by mid-2019

French President Emmanuel Macron said Wednesday he expects his flagship labour reforms to produce major results in terms of creating new jobs by …

France

Macron sees 'major' gains in jobs outlook in mid-2019

Joblessness was a constant thorn in the side of Macron's Socialist predecessor Francois Hollande, who failed to move the needle much below 10 percent …

France

Where European Populism Will Be Strongest In 2018

While the establishment may breathe a sigh of relief looking back at political developments and events in Europe - which was spared some of the …

Brexit

France opens judicial probe into tainted baby milk scandal

PARIS – French authorities have launched a judicial probe in a tainted baby milk scandal in which several million products were recalled over fears of salmonella contamination.<p>A judicial official said Tuesday the Paris prosecutor's office opened a preliminary investigation for "endangering lives of …

Business

While the EU Is Busy Fighting Tax Havens, France Is Still Bleeding African Nations Dry with Colonial CFA Currency

The President of Mali, Ibrahim Boubacar Keita (L) and French President Emmanuel Macron shake hands after their meeting at the Elysee Palace in Paris, …

Africa

Growth spurt: French economy to keep expanding in 2018

France's return to economic growth should remain on course in 2018, in step with its European neighbours, the national statistics agency said Tuesday.<p>…

Economy

French economy to keep growing in 2018

France's return to economic growth should remain on course in 2018, in step with its European neighbours, the national statistics agency (INSEE) said …

France