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July 6, 2020
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BBC - Business

Air France set to cut more than 7,500 jobs

BBC
https://www.bbc.co.uk/news/business-53284789 Image copyright Getty Images Air France-KLM plans to cut more than 7,500 jobs at its French arm as the airline industry reels from the coronavirus crisis. Europe’s second-biggest airline will cut 6,560 staff at Air France, with its regional French carrier Hop! losing 1,020 jobs, the company said on......
CNBC Business

U.K. to end compulsory quarantine for travelers from France, Germany, Spain and Italy

CNBC
CNBC – For more and to sign up click here A worker disinfects the showers on the beach of La Muralla on May 25, 2020 in El Puerto de Santa María, Spain. Juan Carlos Toro The U.K. government is about to lift compulsory self-isolation for travelers from low-risk destinations starting......
BBC - Business

France and Spain among quarantine exemptions

BBC
https://www.bbc.co.uk/news/uk-53273048 Image copyright AFP/Getty Images People arriving in England from countries including France, Spain, Germany and Italy will no longer need to quarantine from 10 July, the government has confirmed. Currently, most passengers arriving into the UK have to self-isolate for two weeks under Covid-19 measures. A full list of......
New York Post

Coronavirus patient suffers 4-hour erection from blood clot

NYPost
A coronavirus patient in France suffered a four-hour erection due to a blood clot that may have been triggered by the illness, doctors have warned. The 62-year-old man experienced the painful condition known as priapism while in the intensive care unit at a Le Chesnay hospital, according to a case......
New York Post

Far right to win southern French town of Perpignan: exit poll

NYPost
PARIS — France’s far-right National Rally will win the southern French city of Perpignan in Sunday’s municipal elections, an Ifop-Fiducial exit poll projected. If confirmed, it would be the first time Marine Le Pen’s party has won a city of more than 100,000 people. Louis Aliot, Le Pen’s former partner,......
New York Times - World

François Fillon, Ex-Presidential Hopeful in France, Is Convicted of Embezzlement

New York Times
New York Times – For more and to sign up click here PARIS — François Fillon, a former French former prime minister, was found guilty on Monday of embezzling public funds in a scandal involving a no-show job for his wife that crippled his front-runner status in the 2017 presidential......
CNBC Business

The U.S. is considering $3.1 billion in new tariffs on products from France, Germany, Spain and the UK

CNBC
CNBC – For more and to sign up click here German Chancellor Angela Merkel (L) and US President Donald Trump speak during a bilateral meeting in Biarritz, south-west France on August 26, 2019, on the third day of the annual G7 Summit. NICHOLAS KAMM | AFP | Getty Images The......
History

When Henry VIII and Francis I Spent $19 Million on an 18-Day Party

Smithsonian
For two-and-a-half-weeks in June 1520, two of Renaissance Europe’s greatest monarchs—England’s Henry VIII and France’s Francis I—convened for a celebration of unmatched proportions. Named after the gold-embellished fabric used to craft the tents, costumes and decorations, the Field of Cloth of Gold cost the modern equivalent of some £15 million......
Reuters - Business

Chanel warns virus impact will linger on luxury sector

Reuters
MILAN/PARIS (Reuters) – The luxury industry will feel the fallout from the coronavirus crisis for the next two years if not longer, Chanel’s chief financial officer said on Thursday, warning the French fashion label’s 2020 revenues and profit would be significantly hit. Chanel bags and creations are displayed on mannequins......
Reuters - Business

Vans, not glamorous, but key as EU weighs autos mega-merger

Reuters
MILAN/PARIS (Reuters) – Their silhouettes don’t stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as they decide whether to back an industry mega-merger. FILE PHOTO: A Peugeot......
Reuters - Business

Exclusive: Who’s in charge at Nissan? COO’s allies push to give him shared CEO role – sources

Reuters
(Reuters) – Nissan’s chief operating officer Ashwani Gupta helped engineer the troubled automaker’s latest turnaround plan. Now his allies are pressing the board to promote him to co-CEO to drive the new strategy, said four people with direct knowledge. FILE PHOTO: Nissan Motor COO Ashwani Gupta speaks during a news......
Reuters - Business

Stocks drift as second wave virus fears mount

Reuters
LONDON/TOKYO (Reuters) – Global stocks drifted on Thursday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the pandemic. FILE PHOTO: A street cleaning operative walks past the London Stock Exchange Group building in the City of London financial district,......
CNBC Business

US pulls out of talks to tax tech giants in a blow to Europe’s plans

CNBC
CNBC – For more and to sign up click here French Finance and Economy Minister Bruno Le Maire (L) greets US Treasury Secretary of State Steven Mnuchin. ERIC PIERMONT The United States has shocked Europe by pulling out of negotiations over an international digital tax and threatened to retaliate if......
Reuters - Business

Air maintenance firms, manufacturers plan for $60 billion in lost sales

Reuters
(Reuters) – Maintenance firms and spare parts producers who keep airplanes running are bracing for a decline of up to 75% in sales this year – and more pain to follow – as airlines park or retire thousands of aircraft due to the coronavirus pandemic. FILE PHOTO: People work near......
Reuters - Business

Special delivery: activists urge France to rein in Amazon

Reuters
FILE PHOTO: People walk past a protest sign “Stop Amazon” during a demonstration by climate activists near the Bercy Finance Ministry in Paris, France, June 17, 2020. REUTERS/Gonzalo Fuentes PARIS (Reuters) – Environmental campaigners delivered a 12-foot (3.6-metre) tall mock-up of an Amazon parcel to the French finance ministry on......
Reuters - Business

Stocks grind higher on recovery hopes

Reuters
LONDON/SYDNEY (Reuters) – Europe’s shares added to their best gains in almost a month as safety plays lost their lustre on Wednesday, with hopes of a rapid economic recovery standing firm against a resurgence of global coronavirus cases. FILE PHOTO: Pedestrians leave and enter the London Stock Exchange in London,......
New York Times - World

India-China Border, Beijing Outbreak, France Protests: Your Wednesday Briefing

New York Times
New York Times – For more and to sign up click here (Want to get this briefing by email? Here’s the sign-up.) Good morning. We’re covering a military clash between India and China, new spikes in coronavirus cases in Beijing and the U.S. and the galvanizing effect of protests in......

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