French nightclubs could open their doors this weekend for the first time since they were closed more than a year ago for Covid-19, but restrictive new health protocols and staff shortages mean many clubs remain closed. It’s 10 p.m. and the Alimentation Générale nightclub in
Countries should be able to tax a quarter of the profits of large multinationals, wherever they are earned, France proposed on Saturday at a meeting of G20 finance ministers dedicated to reviewing the rules on cross-border corporate taxation. Key aspects remain to be clarified after
Former French Prime Minister François Fillon has been appointed to the board of directors of Russian state oil company Zarubezhneft, according to a list published by a website specializing in business information disclosure. Zarubezhneft did not respond Friday to a request for comment on the
The city of Paris has won a landmark case against Airbnb after a court fined the apartment rental giant €8 million for allowing over 1,000 landlords to flout rental registration laws. It was the latest clash between the U.S. rental platform and the French capital,
France’s environment Ecological Transition Minister has slammed over a dozen fast-food giants for failing to sort and recycle large amounts of waste. A list of high-profile companies, many of which spend millions of euros a year on PR, was published Thursday on the Ministry of
Fendi, part of French group LVMH (Moët Hennessy Louis Vuitton), announced on Thursday that it had signed a partnership with eyewear maker Thelios to develop, produce and distribute the Italian fashion house’s eyewear line. Thelios is a joint venture between LVMH and Italian eyewear manufacturer
Europe’s sovereign monetary order is in danger if plans for a digital euro and a European payment system are not implemented, the governor of the Bank of France said on Wednesday. Over 30 European banks are currently working to create a direct payment and card
French President Emmanuel Macron unveiled a new JPMorgan trading hub in Paris on Tuesday, as France seeks to create more jobs in the banking sector and attract workers from the financial sector who want to leave London after Brexit. Banks will spend billions of dollars
The French economy lurched back into contraction in the final quarter of last year but not as much as expected after the country faced a second coronavirus lockdown, official data released on Friday showed. The euro zone’s second-biggest economy shrank 1.3% in the final three
The two coronavirus lockdowns in 2020 caused the French economy to suffer its worst economic marker since World War II, the National Institute of Statistics and Economic Studies (INSEE) said Friday. The gross domestic product (GDP) fell 8.3%, said the Paris-based bureau in a report