France

Leonteq Says It’s Not Aware of French Regulators Reporting Irregularities
Leonteq Says It’s Not Aware of French Regulators Reporting Irregularities
March 06, 2024  |  Regulation

Swiss-listed investment services company Leonteq said Wednesday (March 6) it was unaware that French regulators told prosecutors of possible irregularities at the firm.  The firm told...

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Netflix/Carrefour Collaboration Targets Cost-Conscious Consumers
Netflix/Carrefour Collaboration Targets Cost-Conscious Consumers
January 16, 2024  |  Subscriptions

Netflix is teaming with French grocery chain Carrefour to offer low-cost subscriptions. The streaming service announced late Monday (Jan. 15) that it was offering customers in the French...

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French Tech Firm Atos Names Ex-Sprint Nextel Exec Paul Saleh as CEO
French Tech Firm Atos Names Ex-Sprint Nextel Exec Paul Saleh as CEO
January 15, 2024  |  Personnel

Atos’ CEO resigned following a disagreement over governance of the French tech firm. Yves Bernaert is leaving the company after “an intense period of transformation...

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BNP Paribas Part of French Money Laundering Probe
BNP Paribas Part of French Money Laundering Probe
December 27, 2023  |  Regulation

Prosecutors in France reportedly launched a money laundering investigation that involves BNP Paribas. The Paris prosecutor’s office is looking into allegations of “aggravated money laundering”...

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Spotify Withdraws Support From Music Festivals to Protest French Tax
Spotify Withdraws Support From Music Festivals to Protest French Tax
December 22, 2023  |  Streaming

Spotify has withdrawn its support from two music festivals in France in response to the country’s introduction of a new tax that is opposed by...

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Circle Receives Asset Service Provider License in France
Circle Receives Asset Service Provider License in France
December 21, 2023  |  Cryptocurrency

USDC stablecoin issuer Circle was named a digital asset service provider (DASP) in France. The company announced the conditional approval of its new designation with...

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Uber Agrees to Raise Minimum Wage for French Drivers
Uber Agrees to Raise Minimum Wage for French Drivers
December 20, 2023  |  Gig Economy

Uber and other ride-hailing companies have agreed to give their French drivers a raise. Those workers will now be eligible for 9 euros ($9.85) per trip —...

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Credit Agricole Considers Acquiring Stake in Worldline
Credit Agricole Considers Acquiring Stake in Worldline
December 01, 2023  |  Acquisitions

French payment processing company Worldline experienced a surge of nearly 12% in its shares Friday (Dec. 1) following a report that French lender Credit Agricole...

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France, Italy and Germany Reach Accord on AI Regulations
France, Italy and Germany Reach Accord on AI Regulations
November 19, 2023  |  artificial intelligence

Three European countries have reportedly agreed on how artificial intelligence (AI) should be regulated. Germany, France and Italy have come to an accord on the regulations, Reuters...

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