Category Archives: Business

French restaurant owner detained for defying shutdown

French restaurant owner detained for defying shutdown

A restaurant owner was in police custody on Thursday after he defied France’s coronavirus restrictions by inviting dozens of people to eat in a revolt against the government’s ban on the opening of cafes and other eateries. The incident underscored the risks for President Emmanuel

France's Sanofi to help rival Pfizer-BioNTech make vaccines

France’s Sanofi to help rival Pfizer-BioNTech make vaccines

In an unusual and potentially groundbreaking decision, French drugmaker Sanofi said Wednesday it will help bottle and package 125 million doses of the coronavirus vaccine developed by its rivals Pfizer and BioNTech, while its own vaccine candidate faces delays. The announcement came as delays or production problems

In the sleeping towers of Paris’ vast business district

In the sleeping towers of Paris’ vast business district

With a half-empty office floor and a whole team in quarantine, the new norm at one company in Paris illustrates the reality weighing on Europe’s biggest business district. Normally a hive of activity and teeming with workers, shoppers and tourists, La Defense, on the French

Heathrow says Paris now Europe’s busiest airport

Heathrow says Paris now Europe’s busiest airport

London Heathrow has said Paris Charles de Gaulle had overtaken it to become Europe’s top airport in terms of passenger numbers, blaming delayed coronavirus testing and travel restrictions. “For the first time, Paris Charles de Gaulle has overtaken Heathrow as Europe’s largest airport, with Amsterdam

French public debt estimated at 119.8% of GDP in 2020

French public debt estimated at 119.8% of GDP in 2020

The extra steps taken to support economic activity in the face of the new lockdown in France will worsen the public debt, said the Minister of Economy, Bruno Le Maire, in an interview with the newspaper Le Parisien. Debt forecast rises The new confinement in