France

European markets climb as global markets rebound; Stoxx 600 up 1.6%

European markets rebound as global markets rebound; Stoxx 600 up 2.5%

Stock moves: Greggs up 9%, Drax down 7% Shares in British bakery chain Greggs rose 9.5% in early afternoon trade after a strong earnings report showed quarterly sales rose despite a deepening UK cost of living crisis and falling consumer confidence Drax Group fell 7.5% at the bottom of the Stoxx 600 after a BBC …

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European markets climb as global markets rebound; Stoxx 600 up 1.6%

European markets climb as global markets rebound; Stoxx 600 up 1.6%

Stock moves: Greggs, Accellron up 5% Shares in British bakery chain Greggs rose 5.6% in early trade after the company reported quarterly sales growth despite a deepening cost of living crisis in Britain and a drop in consumer confidence Accelerator shares rose 5% as investors bought the former ABB turbo unit at a discount after …

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London, Paris, Frankfurt and beyond: CNBC's Best Business Travel Hotels in Europe

London, Paris, Frankfurt and beyond: CNBC’s Best Business Travel Hotels in Europe

International travel may still face challenges. But finding a reliable hotel for a business trip is not one of them. CNBC Travel and market data company Statista today released a Europe’s “Best Hotels for Business Travellers” ranking. This is the first ranking of its kind between CNBC and Statista, which also released its Middle East …

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French energy giant signs new gas deal with Qatar

French energy giant signs new gas deal with Qatar

TotalEnergies has become the first foreign investor in Qatar’s North Field South gas project as Europe scrambles to find new energy sources. France’s TotalEnergies has signed a new investment agreement to expand gas production in Qatar as Europe scrambles to find new energy sources to replace Russian supplies. On Saturday, Qatari Energy Minister Saad Sherida …

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France says Russian oil price cap requires global commitment but is difficult to implement

France says Russian oil price cap requires global commitment but is difficult to implement

French Finance Minister Bruno Le Maire speaks at the Ministry of Finance in Berlin, Germany, July 25, 2022. David Gannon | AFP | Getty Images French Finance Minister Bruno Le Maire said Saturday that the Group of Seven’s efforts to impose price caps on Russian oil will require a commitment from the wider international community …

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