France

France’s Macron reappoints former prime minister Lecornu as PM
Outgoing French Prime Minister Sebastien Lecornu, who submitted his government’s resignation to the French President this morning, reacts after delivering a statement at the Hotel Matignon in Paris, on October 6, 2025. Stephane Mahe | Afp | Getty Images French President Emmanuel Macron on Friday named Sebastien Lecornu as prime minister, reappointing him after he quit the job […]
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France is Europe’s new ‘bad boy.’ Could a technocratic government save it?
With its recent political turmoil and instability, France has been compared to Italy, replacing it as the new “bad boy” of Europe. Should France, then, take a page out of Italy’s book and consider a technocratic government? President Emmanuel Macron is expected to pick his new prime minister by Friday evening, after outgoing PM Sebastien Lecornu led […]
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Novo Nordisk shares slip after pharma giant announces $4.7 billion U.S. acquisition
LONDON — Shares of Danish pharmaceutical giant Novo Nordisk fell 1.1% on Thursday after the company announced plans to acquire U.S. biotech firm Akero Therapeutics. The deal will see Novo pay $54 per share, valuing Akero at $4.7 billion, with the acquisition also including a contingent value right of $6 per share, potentially adding another […]
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48 hours to pick a new PM: Who could Macron choose — and will France’s economy take a hit?
French President Emmanuel Macron attends a press conference after a European Union leaders’ special summit to discuss Ukraine and European defense, in Brussels, Belgium March 6, 2025. Christian Hartmann | Reuters Market attention turns to France again Thursday after President Emmanuel Macron’s office said last night that he will name a new prime minister in […]
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European steelmakers rise after EU proposes slashing tariff-free import quota
LONDON — European stocks moved higher on Wednesday, as investors reacted to proposed tariffs on steel imported into the European Union. The pan-European Stoxx 600 was up around 0.6% by 3 p.m. in London (10 a.m. ET), with most sectors and major bourses in positive territory. The U.K. has been left fearing for its beleaguered […]
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France’s political chaos throws its soaring debt and deficit into the spotlight
France’s President Emmanuel Macron welcomes European Commission President Ursula Von der Leyen as she arrives for a summit at the Elysee Palace, in Paris, on March 27, 2025. F Ludovic Marin | Afp | Getty Images Tensions are likely to be high in Brussels this week, as yet another political implosion in France leaves the […]
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European stocks edge higher as French crisis weighs on sentiment; Gucci-owner Kering up 6%
LONDON — European stocks were higher on Tuesday afternoon, with all eyes on France after the resignation of Prime Minister Sebastien Lecornu plunged the country into a fresh political crisis. The pan-European Stoxx 600 index was up 0.2% by 12:10 p.m. in London (7:10 a.m. ET), with most sectors and major bourses in positive territory. […]
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France is plunged further into political crisis. Here’s what could happen next
France’s President Emmanuel Macron gestures as he speaks to the press at the end of the 7th European Political Community (EPC) Summit at the Bella Center in Copenhagen, Denmark on October 2, 2025. Ludovic Marin | Afp | Getty Images French President Emmanuel Macron is confronting another massive political headache following the shock resignation of […]
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French PM resigns after 27 days sparking fresh political chaos
Sebastien Lecornu, France’s prime minister, during the handover ceremony at the Hotel Matignon in Paris, France, on Wednesday, Sept. 10, 2025. Bloomberg | Bloomberg | Getty Images France’s new Prime Minister Sebastien Lecornu has resigned just weeks after his appointment, plunging the country into a fresh political crisis. Lecornu, France’s fifth PM in less than […]
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European markets set to kick off Monday on a flat note, after record highs last week
The City of London financial district at sunrise. Alexander Spatari | Moment | Getty Images LONDON — European stocks are expected to open in flat territory on Monday as regional markets look for momentum after a series of positive sessions last week. The U.K.’s FTSE index, Germany’s DAX, France’s CAC 40 and Italy’s FTSE MIB are […]
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