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The Latest Breaking News from Les Echos

Fashion tycoon Bernard Arnault accused of stranglehold over French business press

Arnault’s addition of leading weekly to stable of publications raises concerns about media ownership in France

The Guardian - UK

Inflation in France jumps as Iran war hits growth and spending

France is heading for a sharp rise in inflation this spring as soaring oil prices linked to the conflict in Iran erode household purchasing power, with growth expected to slow in early 2026, the national statistics agency said.

Radio France Internationale

Perrier could lose 'natural mineral water' label after contamination found

Perrier may lose its “natural mineral water” label after harmful bacteria was found in bottles at its main bottling site in southern France – which was not reported to health authorities until 10 days after it was discovered.

Radio France Internationale

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The thorny question of French retirement reform is on the table again under France's new government. Does it stand a chance?

Today, the French retirement reform is an expensive system, threatening to break the economy.

Fortune

French workers are taking more sick leave than ever

For the first six months of 2024, the cost of French workers taking sick leave increased by 8.5% compared to 2023.

Fortune

France's state finances deteriorate as it misses target on cutting deficit

France's finance ministry will raise its deficit target for 2024 to the equivalent of between 5 percent and 5.1 of GDP on Wednesday, up from an original target of 4.4 percent due to a rapid deterioration of state finances, reported a leading French financial newspaper.

Radio France Internationale

“Steady and resilient through darkest storms”: PM Modi hails India-France ties ahead of two-day visit

Hailing the bilateral ties between India and France, Prime Minister Narendra Modi has said the relationship between the two countries are in an 'excellent' space and stood steady and resilient through the 'darkest storms'. Read further on Dynamite News:

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Macron sparks anger by saying Europe should not be ‘vassal’ in US-China clash

Alarm on both sides of Atlantic as French president warns against being drawn into any Taiwan conflict

The Guardian - UK

Macron says EU must follow its own course, avoid getting caught up in Taiwan issue

French President Emmanuel Macron says that Europe should have its own strategic autonomy and "avoid the trap to be caught in the crises which are not ours," referring to Taiwan, which is at the core of the current China-US crisis. Currently China is holding massive war games in the vicinity…

Radio France Internationale

France's Macron Seeks German 'Solidarity' on Energy

French President Emmanuel Macron called on Germany Sunday to show European "solidarity" over soaring energy prices, warning that Berlin's multi-billion plan to help its consumers could lead to "distortions". "We cannot stick to national policies, because this creates distortions within the European continent," the French leader said in an interview…

Asharq Al-Awsat

Uber offered shares to media barons for political help, leak reveals

Tech firm wooed owners of publications in Europe and India as it sought favourable treatment from governments, documents show

The Guardian - UK

French lawmakers plan $8.4 billion aid for households to fight inflation

French lawmakers are drafting a bill to shore-up household buying power by raising some forms of government assistance by 4%, at a cost of 8 billion euros ($8.44 billion) from July to April next year, business daily Les Echos reported on Sunday.

Reuters

War in Ukraine: Joël Lautier, the French chess star on the US sanctions list

French chess star and businessman Jöel Lautier was added to the list of people targeted by US sanctions over the war in Ukraine back in March, French business daily Les Echos reported on Wednesday, the only non-Russian to be targeted by the American authorities.

France 24

French oppose Macron's proposed later retirement, poll shows as election looms

A large majority of French oppose raising the legal retirement age, an opinion poll published by Les Echos newspaper showed, which could be an issue for President Emmanuel Macron, who has made that a key proposal as he seeks re-election this month.

Reuters

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Reuters

EU has 'robust' Russia sanctions ready if needed over Ukraine - von der Leyen

The European Union has prepared a "robust and comprehensive" package of sanctions to unleash on Russia if it continues its aggression towards Ukraine, EU Commission President Ursula von der Leyen told the Handeslblatt and Les Echos newspapers.

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