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...Shares in French luxury group Kering however dived after it issued a rare profit warning because of falling sales at its Gucci brand, in contrast with improving fortunes at bigger rivals LVMH and Hermès....
...The French president and EU officials called on Vladimir Putin not to use a terror attack on a Moscow concert hall, which has been claimed by the Isis militant group, as a pretext to expand the war in Ukraine...
...Microsoft announced a new agreement with French artificial intelligence start-up Mistral in an attempt to diversify its relationships beyond ChatGPT-maker OpenAI, an alliance that is being reviewed by competition...
...The FT editorial board lauded the €16bn European bid to build the world’s costliest instrument dedicated purely to scientific inquiry: a giant particle accelerator beneath the Swiss-French borderland....
...The beauty sector is doing remarkably well however, as illustrated by the success of French retailer Sephora....
...The French state-owned operator and constructor EDF has also experienced long delays on parallel projects in Finland and France....
...Today’s figures follow GDP data yesterday showing the eurozone flatlined in the final three months of last year, held back by shrinking German output and stalled French growth, offsetting a stronger than...
...The impact of China’s EV push was also seen in today’s announcement of 10,000 job cuts from French car parts supplier Forvia, citing Chinese competition....
...The Lex column (for Premium subscribers) issued a sobering warning to the French supermarket chain Carrefour, which has fallen out with PepsiCo over the price it pays for products such as soft drinks and...
...China’s trade spat with Brussels escalated as it launched a new investigation into French brandy imports. It follows the EU’s move to investigate Beijing’s support for the electric car industry....
...The French groups that dominate the market — LVMH, Rémy Cointreau and Pernod Ricard — each reported declining sales in third-quarter earnings reports, matching the downturn in the broader market for luxury...
...Italy blocked French jet engine maker Safran’s purchase of Collins Aerospace’s Italian control business over national security concerns....
...Germany lifted its objections to French subsidies for nuclear power, unblocking a long-stalled reform of the EU electricity market....
...UK Labour leader Sir Keir Starmer told French president Emmanuel Macron he wanted to strengthen cross-Channel relations during talks that covered issues including trade and security....
...French statistical authorities put paid to the theory that a 331-metre-long cruise ship was responsible for better than expected third-quarter GDP data....
...Chart of the day Saudi football club Al Hilal has approached Qatar-owned Paris Saint-Germain with a €300mn bid to sign Kylian Mbappé, a record-breaking offer for the French forward who has been locked in...
...French finance minister Bruno Le Maire said the country’s new automotive subsidies were “paving the way” for Europe’s car industry to withstand the threat of cheaper Chinese electric vehicle imports....
...Saudi football club Al Hilal has approached Qatar-owned Paris Saint-Germain with a €300mn bid to sign Kylian Mbappé, a record-breaking offer for the French forward....
...The head of French jet engine maker Safran told the FT earlier this month of an “unprecedented crisis of supply” in the aerospace industry, which would likely stretch into next year as manufacturers struggle...
...“If it’s not clear how much smartphones boost productivity growth, it is safe to say that French perfume and Italian handbags contribute even less,” he writes....
...The UAE guest list included chief executives and private sector lobbyists, led by energy industry executives, such as ExxonMobil boss Darren Woods, Oxy CEO Vicki Hollub, ENI head Claudio Descalzi and German...
...European airlines separately warned of strike disruption from French air traffic controllers, who are responsible for planes flying over their airspace as well as those using French airports....
...French president Emmanuel Macron has gone to Beijing in the latest attempt by a European leader to urge China’s Xi Jinping to withdraw support for Russian president Vladimir Putin....
...Today’s top stories French luxury group LVMH became the first European company to reach a $500bn market value as the return of Chinese customers drove up its share price....
...A recent big project was Blur’s comeback album The Ballad of Darren....
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