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French steel pipe maker Vallourec launches new savings plan

France's Vallourec on Wednesday it would cut about 18 percent of its staff in Germany by 2020 and announced other savings measures, after reporting a sharp rise in full-year earnings.
Tags: Money, France, Germany, businessNews, Vallourec


Made.com founder Ning Li launches cosmetics startup Typology

Meet Typology, a new Paris-based startup that designs and sells directly to consumer quality skincare and cosmetics products. The startup has been founded by Made.com co-founder Ning Li and is officially launching today. “Typology is a relatively ambitious project. We want to challenge FMCG [fast-moving consumer goods] brands with a digital pure player,” Ning Li told me. “I spent all my career working in e-commerce. I’ve seen a lot of industries move from offline to online. But some industries, ...
Tags: Fundings & Exits, Startups, Europe, France, Tech, Paris, France Newsletter, Typology, Ning Li, Marc Simoncini Xavier Niel


Germany, France close to deal on new euro zone budget

Germany and France have broadly agreed a detailed proposal for a new euro zone budget and will present their final joint position in the coming days, German Finance Minister Olaf Scholz said on Wednesday.
Tags: Money, France, Germany, businessNews, Germany France, Olaf Scholz


French court fines UBS 4.5 billion euros in tax fraud case

A French court on Wednesday found Swiss bank UBS AG guilty of illegally soliciting clients in France and laundering the proceeds of tax evasion, and ordered it to pay 4.5 billion euros ($5.1 billion) in penalties.
Tags: Money, France, businessNews, Ubs, UBS AG


The Latest: French court fines Swiss bank UBS $4.2 billion

The Latest on the trial of Swiss bank UBS in France (all times local): 2:10 p.m.
Tags: France, Finance, Article, Paris, Ubs, Associated Press, FBN, Fbn/markets, Fox-business/markets, 0da4c123-ce7c-5967-9dcd-b6be6d5cc4c9


Air France renews KLM chief in deal on closer integration

The board of Air France-KLM agreed to back the reappointment of KLM boss Pieter Elbers, the Franco-Dutch airline group said in a statement, as it appeared to resolve a standoff over closer integration of the two airlines.
Tags: Money, France, businessNews, KLM, Pieter Elbers, Air France KLM


Iconic Chanel fashion designer Karl Lagerfeld dies in Paris

PARIS — Karl Lagerfeld, Chanel’s iconic couturier whose designs had an unprecedented impact on the entire fashion industry, died Tuesday in Paris, prompting an outpouring of love and admiration for the man in the trademark white ponytail, high starched collar and dark enigmatic glasses who dominated high fashion for the past 50 years. Although he spent virtually his entire career at luxury labels catering to the very wealthy — including 20 years at Chloe — Lagerfeld’s designs quickly trickled do...
Tags: Business, Fashion, News, France, Adele, Sport, World news, Ap, Rome, Soccer, Francois Hollande, Obituaries, Paris, Vogue, Marie Claire, The Sun


Chanel: Iconic fashion designer Karl Lagerfeld dies in Paris

By THOMAS ADAMSON and SAMUEL PETREQUIN PARIS — Karl Lagerfeld, Chanel’s iconic couturier whose designs had an unprecedented impact on the entire fashion industry, died Tuesday in Paris, prompting an outpouring of love and admiration for the man in the trademark white ponytail, high starched collar and dark enigmatic glasses who dominated high fashion for the past 50 years. Although he spent virtually his entire career at luxury labels catering to the very wealthy — including 20 years at Chloe — ...
Tags: Business, Fashion, News, France, Uncategorized, Adele, Sport, World news, Ap, Rome, Soccer, Francois Hollande, Obituaries, Paris, Vogue, Marie Claire


Why French unicorn BlaBlaCar still believes in ‘done is better than perfect’

For our ongoing series Fundamentals, we’re looking at different companies worldwide and the basic principles they were built on. This time: ride-sharing service BlaBlaCar. Yes, the name sounds a little goofy, but BlaBlaCar is anything but. The company has been around since 2006 and is one of France’s few unicorns — a startup valued at over $1 billion. The ride-sharing service is now available in 22 countries. The platform has 70 million users, including eight million active drivers. The premise ...
Tags: Startups, France, Paris, Amsterdam, Fundamentals


Germany, France agree industrial policy plan for Europe

France and Germany on Tuesday agreed a joint plan for industrial policy in Europe, aiming to support local companies to compete with foreign rivals and better protect key technologies from overseas takeovers.
Tags: Europe, Money, France, Germany, businessNews, Germany France


France, Germany propose shake-up of EU competition rules

France and Germany have put forward plans for reforming EU competition rules to encourage the emergence of European industrial giants, French finance Miniser Bruno Le Maire said on Tuesday.
Tags: Money, France, Germany, Eu, businessNews, France Germany, Bruno Le Maire


Germany, France agree on joint manifesto for industrial policy in Europe

France and Germany agreed on a joint manifesto for a new industrial policy in Europe that aims to support local companies to compete with rivals from abroad, German Economy Minister Peter Altmaier said on Tuesday.
Tags: Europe, Money, France, Germany, businessNews, Germany France, Peter Altmaier


World shares mixed ahead of China-US trade talks

BANGKOK (AP) — Shares were mixed in Europe on Tuesday following a choppy day in Asia as Chinese and U.S. negotiators geared up for trade talks in Washington. Germany’s DAX was flat at 0.1 percent to 11,300.61 while the CAC 40 in France slipped 0.3 percent to 5,152.88. Britain’s FTSE 100 sank 0.5 percent to […]
Tags: Asia, Europe, Business, News, France, Ap, Britain, Nation, Bangkok, China US, WASHINGTON Germany


Alan raises another $45 million for its health insurance product

Paris-based startup Alan has raised a Series B round of funding of $45 million (€40 million). Index Ventures is once again leading the round, with partners of DST Global also participating. The company had raised a $28 million funding round only ten months ago. Alan is a software-as-a-service startup tackling a very specific industry — the health insurance market in France — and soon across Europe. The company wants to create a well-designed insurance product with transparent pricing and policie...
Tags: Startups, Europe, France, Tech, Paris, France Newsletter, Alan, DST Global, Index Ventures, Jean Charles Samuelian, Alan With, My Little Paris Le Slip Français Ledger


France’s yellow vests mark 3 months amid racist tensions

PARIS (AP) — French yellow vest protesters are marking three months since the kickoff of their anti-government movement, after anti-Semitic remarks by some demonstrators raised national concerns about the movement’s ascendant radical fringe. Demonstrators called for multiple rallies around Paris and some other French cities Sunday, including a Paris march expected to start at the […]
Tags: Business, News, France, Ap, Nation, Paris


OnePlus 6T vs. Honor View 20: We compare the cameras in these ‘flagship killers’

For less than $600, you can buy either the OnePlus 6T or the Honor View 20, two extremely capable smartphones with plenty of exciting features. But which one has the best camera? We found out on a recent trip to France. The post OnePlus 6T vs. Honor View 20: We compare the cameras in these ‘flagship killers’ appeared first on Digital Trends.
Tags: Android, Mobile, Photography, France, Trends, Test, Shootout, Camera Shootout, OnePlus 6T, Honor View 20


OpenGate to buy SMAC from Colas Group

OpenGate has agreed to acquire SMAC, a French manufacturer of waterproofing and building envelope solutions, from Colas Group. No financial terms were disclosed. PRESS RELEASE LOS ANGELES & PARIS–(BUSINESS WIRE)–OpenGate Capital, a global private equity firm, announced today that Colas Group (EPA: RE) has agreed to sell SMAC to an affiliate of OpenGate Capital. Financial terms of the agreement were not disclosed. The divestiture is expected to be complete in the next 60-90 days. SMAC is headquar...
Tags: Europe, France, Los Angeles, Trends, North America, Group, Colas, Skydome, Paris France, Los Angeles California, Issy, PE Deals, SMAC, Re, OpenGate Capital, OpenGate


Here are the 5 hottest startups in Sweden

Dubbed a ‘unicorn factory’ Sweden has become a powerhouse incubator for some of the most innovative startups. It’s no wonder, with massive success stories such as iZettle and Mojang Games (the creators of Minecraft) that the country has been experiencing an influx of growth in technology in the last decade. In fact, in 2017 Sweden more than doubled its number of startup exits. At a total of 120, it topped the number of exits from other, much larger startup ecosystems like Germany (112), the UK (...
Tags: Startups, Business, UK, Sweden, France, Germany, Minecraft, Economist Intelligence Unit, Tech5


French minister: Britain must hurry up and decide on Brexit

PARIS (AP) — France’s Europe minister is urging Britain to “hurry up” and decide whether it’s leaving the European Union with or without a deal. Nathalie Loiseau said on RTL radio Friday that “it’s time for our British friends to decide whether they want to leave amicably or brutally.” She said the EU worked hard […]
Tags: Europe, Business, News, France, Eu, European Union, Ap, Britain, Nation, Paris, Brexit, RTL, Nathalie Loiseau


Exclusive: Big firms weigh in as France looks to revive offshore wind

A French wind power tender has attracted interest from a slew of international energy heavyweights, signalling that France's offshore wind industry could finally be taking off after years of missteps.
Tags: Money, France, businessNews


Canaccord Genuity buys Petsky Prunier

Canaccord Genuity Group Inc said Feb. 13 that it acquired Petsky Prunier. Terms of the deal call for Petsky to receive C$40.0 million (US$30.0 million) in cash and C$20.0 million (US$15.0 million) in Cannaccord shares. Petsky will get another C$53.2 million (US$40.0 million) in additional contingent consideration that will be paid in cash over a four-year period subject to meeting certain revenue targets over that period. Petsky Prunier, of New York, is an investment bank focused on mid-market t...
Tags: New York, Australia, France, China, India, US, Toronto, Trends, Bloomberg, Canada, United States, United Kingdom, Middle East, United Arab Emirates, M&a, North America


Idinvest Growth Fund II raises 340 mln euros

Idinvest Partners said Feb. 13 that its second growth fund closed on 340 million euros ($383.2 million), surpassing its initial target of 300 million euros. Idinvest focuses on small and medium enterprises across Europe. PRESS RELEASE Paris, 13 February 2019, Idinvest Partners, a leading investor in SMEs across Europe, has today announced the final closing of its second capital growth fund (Idinvest Growth Fund II) at €340m, surpassing its initial target of €300m. Idinvest Growth Fund II brings ...
Tags: Europe, France, Digital, Trends, Paris, Funds, Idinvest Partners, Allianz, Benoist Grossmann, Ogury Secret Escapes Klaxoon Vestiaire Collective


Malt raises $28.6 million for its freelancer platform

French startup Malt is raising a $28.6 million funding round (€25 million) with Idinvest Partners leading the round and existing investors ISAI and Serena also participating. Overall, the company has raised $36.6 million since its creation (€32 million). Malt has created a marketplace for engineers working as freelancers and companies. There are currently 100,000 freelancers on the platform and 15,000 companies using Malt regularly. With today’s funding round, the company wants to grow its pl...
Tags: Startups, Europe, France, Germany, Tech, Spain, Netherlands, France Newsletter, Serena, Idinvest Partners, Isai, Malt, Hopwork


Airbus 2018 profits jump despite $1 billion loss from A380 superjumbo, A400 military plane

Airbus 2018 profits jump despite $1 billion loss from A380 superjumbo, A400 military plane.
Tags: France, Finance, Article, Associated Press, Toulouse, FBN, Fbn/markets, Fox-business/markets, 56d62eca-ca18-55de-8614-5ac986132da9


The Latest: Emirates says it is sad to see end of A380

The Latest on European aviation giant Airbus' announcement that it will stop making its superjumbo A380 (all times local): 6:35 a.m.
Tags: France, Finance, Article, Airbus, Associated Press, Toulouse, FBN, Fbn/markets, Fox-business/markets, Fox-business/industries/industrials, Fox-business/features, 9fe2c1d6-a21d-5da0-9e00-84fbe6014e4b


Airbus says it will stop making A380 superjumbo jets in 2021 after struggling to win clients

Airbus says it will stop making A380 superjumbo jets in 2021 after struggling to win clients.
Tags: France, Finance, Article, Airbus, Associated Press, Toulouse, FBN, Fbn/markets, Fox-business/markets, 046f238e-765f-5f55-a0f0-3497d9f25121


Did ancient cave artists share a global language?

Many of these symbols are found in caves in Africa, Asia, Australia and America as well.At least 40,000 years old, the set of symbols may have been a universal communications tool.Among these symbols is the iconic hashtag.A flash of prehistoric magic transports a cave painter 40,000 years into the future. Landing in the here and now, he's left frightened and bewildered by the bombardment of modernity. But there's one ubiquitous symbol the ancient artist instantly recognises: the hashtag. He's pa...
Tags: Europe, Video, Writing, Australia, France, Southeast Asia, India, Africa, America, Communication, Spain, History, Language, Innovation, Anthropology, Portugal


France's Vinci formally takes over Belgrade airport

The airport division of French construction and concession company Vinci has started running the airport in Serbia's capital after it was picked for the 25-year job.
Tags: France, Finance, Article, Serbia, Associated Press, Belgrade, FBN, Vinci, Fbn/markets, Fox-business/markets, 5a6ab4c6-3841-5c70-97d6-9f5e1283b622


BuzzFeed just cut 15% of its staff, and some critics are now taking shots at CEO Jonah Peretti's strategy

BuzzFeed just laid off 15% of its staff, including its first big cuts in its news division, BuzzFeed News. The cuts were a reckoning for a company that seemed like it had cracked the code and figured out how to support high-quality, online journalism with advertising. Now, critics are blaming CEO Jonah Peretti, saying that in his quest to make a 21st-century journalism company, he didn't recognize the limitations of the business model for news. Last month, 43 staffers at BuzzFeed News, the ne...
Tags: Apple, Google, Facebook, UK, London, Buzzfeed, Australia, France, Politico, Disney, US, Trends, Nike, Spain, Netflix, Comcast


France details yellow vest protests' impact on economy

The French government says it has provided 38 million euros ($43 million) in financial aid for workers who have been put on reduced work hours as businesses struggle with anti-government protests.
Tags: France, Finance, Article, Paris, Associated Press, FBN, Fbn/markets, Fox-business/markets, Fox-business/economic-indicators, Fox-business/features, D81d0284-7759-5ea7-951f-dc2a8d52f34a



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