paris

Paris Stocks Edge Higher After French PM’s Resignation

Paris Stocks Edge Higher After French PM’s Resignation

The Paris stock market opened higher on Tuesday following the resignation of Prime Minister Francois Bayrou’s government, which fell after losing a confidence vote in parliament. Despite the political shake-up, investors appeared largely unfazed, suggesting that markets had already priced in the prospect of instability.

The CAC 40 index of French blue-chip stocks rose 0.2 per cent in early trading. In comparison, the Frankfurt DAX slipped 0.1 per cent, while London’s FTSE 100 posted a modest 0.1 per cent gain. The muted market response reflects both anticipation of Bayrou’s ouster and confidence that France’s political system will contain the crisis …

Full List Of All Winners Of The Ballon d’ Or 2022 Awards

Full List Of All Winners Of The Ballon d’ Or 2022 Awards

The 2022 Ballon d’Or award ceremony has been announced on Monday night and it had been held at the Theatre du Chatelet in Paris.

Reports have also revealed that Real Madrid’s Karim Benzema have also been revealed to have won the Ballon d’Or this year and he had been ahead of Bayern Munich’s Sadio Mane, Manchester City’s Kevin De Bruyne and Barcelona’s Robert Lewandowski.

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Benzema had also crowned as the Champions League’s top scorer, La Liga’s top scorer and UEFA Player of the Year.

Below is the full list of …

Stock Markets Rise On Huge Economic Support Plans

Stock Markets Rise On Huge Economic Support Plans

In the eurozone, markets jumped after the European Central Bank launched a vast stimulus this week, with Frankfurt, Paris, Milan and Madrid scoring gains of between 2 and 4 percent.

London’s stock market won about 2 percent one day after the Bank of England slashed interest rates to a record-low 0.1 percent and ahead of new UK state stimulus plans later Friday.

The dollar eased somewhat after a lengthy rally fuelled by traders cashing out of their investments, while the embattled oil market extended Thursday’s gains.

US stocks rose at the opening bell, with the Dow adding 0.5 percent in …

Knife Attacker Kills Man In Paris Suburb Before Shot Dead

A knife-wielding man ran amok Friday in a park south of Paris, killing a man walking with his wife and wounding two other people before being shot dead by police, officials said.

The Paris police department said the man, identified as 22-year-old Nathan C., attacked “several people” around lunchtime in the suburb of Villejuif.

Some managed to evade him but the man claimed at least one life — that of a 56-year-old Villejuif resident, according to the town’s mayor Franck Le Bohellec.

The victim “was walking with his wife when the attacker approached; he wanted to protect his wife” and …

Kilde Leads Paris After Super-G run in World Cup Combined

Norway’s Aleksander Aamodt Kilde pushed Dominik Paris into second place after the super-G run of the men’s alpine World Cup combined event in Bormio on Sunday.

World super-G champion Paris had claimed back-to-back downhill wins on Friday and Saturday on his home piste.

But the 30-year-old Italian was pipped by just 0.03sec by Kilde who led the first run down the ‘Stelvio’ in the Italian Alps, with the slalom to come later on Sunday.

“I felt very tired. I made a mistake at (diagonal) Carcentina, now let’s see what the slalom legs will be like,” said Paris.

Austria’s Vincent Kriechmayr …

Putin, Zelensky Meet In Paris Push To End Ukraine War

Russian leader Vladimir Putin on Monday met Ukranian counterpart Volodymyr Zelensky for the first time ever at a Paris summit aimed at agreeing measures to help end five years of conflict in the east of Ukraine.

No comprehensive peace deal is expected from the meeting — mediated by French President Emmanuel Macron and German Chancellor Angela Merkel — but diplomats hope the summit will help to bolster trust between the two men.

The four-way talks at the Elysee Palace are expected to be followed by a hotly-awaited bilateral between wily ex-KGB agent Putin — in power for two decades — …

Paris 2024 Chief Confident IOC On Board With Tahiti

Tahiti’s bid to host the surfing competitions at the 2024 Paris Olympics has not met with resistance from the IOC despite its remote location, according to the head of the competition’s organising committee.

The French Polynesian island of almost 200,000 inhabitants is a full 15,700km (9,755 miles) and a 23-hour flight away from the French capital.

However it has emerged as the frontrunner to serve as the host venue for a sport that will make its Olympic debut at next year’s Tokyo Games.

The village of Teahupo’o, a regular stop on the World Surf League circuit, boasts some of the …

Airbnb Incurs Paris Wrath Over Olympics Partnership

Airbnb became a leading partner of the Olympics in a nine-year deal announced Monday that drew strong criticism from Paris, host of the 2024 summer Games.

In the deal unveiled in London, the home rental platform became a “Top” International Olympic Committee (IOC) partner, joining titans including Coca Cola and Visa on the highest sponsorship level.

But in a letter sent last week and seen by AFP on Monday, the mayor of Paris warned IOC head Thomas Bach about the “risks” of the deal.

The Socialist Anne Hidalgo, who is up for re-election in 2020, vowed her “total determination” to …

Paris Climate Accords: US Notifies UN Of Withdrawal

Paris Climate Accords: US Notifies UN Of Withdrawal

The United States  has begun the process of withdrawing from the Paris Agreement, notifying the UN of its intention to leave, as other countries express regret and disappointment at the move.

The notification begins a one-year process of exiting the global climate change accord, culminating the day after the 2020 US election.

The US government says the deal puts an “unfair economic burden” on Americans.

The agreement brought together 188 nations to combat climate change.

There has been widespread international condemnation of the US move.

The Paris accord, agreed in 2015, committed the US and 187 other countries to keeping …

Hundreds protest in Paris against deadly domestic violence

Hundreds protest in Paris against deadly domestic violence

Hundreds of protesters gathered in central Paris on Saturday to raise awareness and demand tougher action on femicides in France.

Yelling “Enough” and carrying signs reading “Stop femicides” or “The planet needs women alive”, the crowd took to the Place de la Republique square as part of the demonstration organized by various women’s rights NGOs to protest the rate of femicides, the killing of a woman by a man because of her gender.

The women of all ages and a few men also observed 74 seconds of silence in tribute to the 74 women allegedly killed in France so …

Q3 2018 capital budget records dismal implementation

₦649bn Paris Club refund available for states to share

States are to share N649 billion – the final tranche of the Paris Club Refund.

But debtor-states will have to settle their debts soon, Finance Minister Mrs.  Zainab Ahmed said yesterday, adding that the Federal Government plans to begin the final phase of the debt refund.

The minister told reporters at a news conference in Abuja yesterday that “the total sum of N649.434 billion was verified by the ministry as the outstanding balance to be refunded to the state governments.”

She also revealed that the payments made by the Central Bank of Nigeria (CNB) as at March stood at N691.560 …