France

Finance & Economics

Amazon to Invest in France

Amazon on Monday, May 13, announced plans to invest more than 1.2 billion euros ($1.3 billion) in its operations in France.

Science & Technology

Microsoft to Invest €4 Billion in France

Microsoft intends to invest €4 billion ($4.3 billion) to build cloud and artificial intelligence infrastructure in France.

News

BNP Paribas First-Quarter Profit Beats Forecasts

BNP Paribas Bank on Thursday, April 25, released earnings data for the first quarter of 2024, which exceeded preliminary expectations.

Fintech & Ecommerce

Payflows Raises $26 Million

French fintech company Payflows has announced that it has managed to raise $26 million in investment funds for its all-in-one platform for financial teams.

News

JPMorgan to Cooperate With Cartes Bancaires CB

JPMorgan has become a principal member of the French payment network Cartes Bancaires CB.

News

France’s Inflation Rate Falls

In February, the inflation rate in France showed a slowdown to a level that is the lowest since September 2021.

News

France and Germany to Propose Measures for Economic Growth

French Finance Chief Bruno Le Maire said that in early March he would make proposals to German Economy Minister Robert Habeck to reduce the norms of the European Union, which, in his opinion, are a factor of negative impact on business and create obstacles to economic growth.

News

Credit Agricole Acquires 7% Stake in Worldline

Credit Agricole announces a minority stake acquisition in Worldline expanding on their exclusive strategic long-term partnership.

News

Staking Technology Provider Kiln Raises $17 Million

French startup Kiln, which operates in the sphere of cryptocurrencies, has successfully completed a $17 million funding round.

News

HSBC Completes Sale of Its French Retail Banking Business

HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France.

Finance & Economics

French Prosecutor’s Office Investigates BNP Paribas

In France, the prosecutor’s office is currently investigating alleged aggravated money laundering related to financial transfers made by a Cypriot brokerage company that interacted with the custodial unit BNP Paribas.

Science & Technology

Mistral AI Plans to Raise $487 Million

The French startup Mistral AI, which operates in the artificial intelligence industry, intends to raise funds for about €450 million ($487 million) as part of its latest financing round.

News

Credit Agricole Reportedly Considers Acquiring Stake in Worldline

The media reports that the French bank Credit Agricole is currently considering the possibility of acquiring a stake in a local payment processing company Worldline.

News

French Economy Unexpectedly Contracts

In France, according to the results of the third quarter of this year, the economy contracted, which came as a surprise to analysts who predicted a positive situation.

News

French Finance Minister Says Nvidia’s AI Dominance Stifles Competition

French Finance Minister Bruno Le Maire said that the dominance of the American company Nvidia in the sphere of artificial intelligence, which shows a trend of steady growth, negatively affects the situation in the industry from the point of view of competition.

Science & Technology

Startup Mistral AI Presents Its First Generation AI Model

The French startup Mistral AI presented its first model of generative artificial intelligence.