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
France will withdraw over 2,000 troops from its force fighting extremists in Africa’s Sahel region early next year and instead transfer its military presence to specialized regional forces, President Emmanuel Macron announced Friday. Macron announced last month that France will reduce its military presence in
France’s minister for overseas territories on Thursday welcomed the news that New Caledonia has elected Louis Mapou as its first pro-independence president since a 1998 agreement with Paris gave the Pacific region more political power. New Caledonia, home to Brazilian mining multinational Vale and French
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
French far-right leader Marine Le Pen has been sharply criticized for making her party too mainstream, belittling the far-right and ignoring her supporters. Experts and outsiders warn that this could cost her votes in next year’s presidential election. The confusion intensified after the National Rally’s
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
A French judge has been appointed to investigate the controversial $1 billion sale of Rafale fighter jets to India in 2016 over “corruption allegations,” the national financial prosecutor’s office (PNF) said Friday. The 7.8 billion euro ($9.3 billion) contract for 36 aircraft between the Indian
Emmanuel Macron has warned of the dangers of the American “woke” culture and said the debate in France is increasingly divided by race. The French president said racial and identity politics threaten to destroy the foundations of French society. “I see that our society is
France warned Russia on Thursday that if humanitarian aid is allowed only across the internal Syrian conflict line and not from neighbouring countries, Western countries that provide almost all the funding will stop delivering it. French UN Ambassador Nicolas de Rivière, who chairs the Security