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French government

West African crude
Markets

West African crude

LONDON: Offers for some varieties of West African crude climbed on Thursday on relatively high refining margins in...
Published 27 Jan, 2023 06:15am
France to become biggest Air France shareholder with capital hike
Business & Finance

France to become biggest Air France shareholder with capital hike

  • The French government will convert a 3 billion euro loan extended to the group last year into a hybrid instrument and commit up to an additional 1 billion euros to a planned share issue, raising its stake in Air France-KLM to almost 30%.
  • "This will make the state Air France's biggest shareholder," French Finance Minister Bruno Le Maire said on France Inter radio, calling the move a "sign of commitment" to the airline and its French jobs.
Published 06 Apr, 2021 12:14pm
France tightens virus curfew in several regions
World

France tightens virus curfew in several regions

  • The 15 of France's 101 departments affected by the switch to a curfew beginning at 6:00 pm rather than 8:00 pm.
  • The virus is continuing to spread in France... but with a disparity between regions.
Updated 01 Jan, 2021 07:56pm