France is trying to promote its railways, and it’s doing so with a new English-language web portal. The portal, which launched on March 21, 2014 has two main objectives. It will help to raise awareness among those in the industry worldwide about France’s great railway system. It will also promote news that focuses on France….
Category Archives: France
Frenchman Cyril Roux Takes Over at Central Bank
Ireland is getting a new financial regulator, and he’s French. Frenchman Cyril Roux will take over on October 1, succeeding Englishman Matthew Elderfield as deputy governor, financial regulation, at the Central Bank. With his new position, he will be the highest paid executive at the Central Bank, earning a salary of €310,000. He’s being given…
Monaco Royals Suing French Magazine
In recent news, those royals in Monaco aren’t happy with what the press has been saying about them. What a shame. Monaco newlyweds Prince Albert and Princess Charlene are actually taking the effort to sue the French magazine L’Express for publishing certain things leading up to the July wedding. Crazy Trip to the Alter On…
“Take Off that Burqa!” Says France
As of this coming Monday, you’ll be fined 150 euros ($190) if you’re found wearing a burqa (a full-body covering that includes a mesh over the face) or a niqab (a full-face veil that only leaves slits for the eyes) in France. As the Interior Ministry in France explains, “The ban does not target the…
France Leads in Foreign Investments
France is taking the lead. If you’re looking for the location that attracts the most overseas companies in the EU – France is your place. Last year alone, foreign direct investment (FDI) in France rose by 22%. France’s Agency for International Investment issued its annual report yesterday, showing that it received $57.4 billion in foreign…
New PassPort Web Portal
Northern Trust just came out with a new web portal for its PassPort which “provides an intuitive experience that eases collaboration and data integration across Northern Trust’s global operating platform for asset servicing and asset management.” According to global head of product management for Corporate & Institutional Services at the company Paul d’Ouville, this tool…
EIB Crisis
The European Investment Bank (EIB) will be giving around half of the crisis loans money to Eastern European small- and medium-sized companies. The EIB has stepped up during the financial crisis to “provide financial stability” throughout Europe. This was also part of a directive that came from EU economy ministers a few years ago to…
Franco-German Competitiveness Pact
The Franco-German Competitiveness Pact has set out various economic and political goals. With regard to the economic situation, it was promised that decisions would be reached at the meeting in March. Issues discussed included: energy, innovation, Egypt and the Mediterranean region, as well as the “long term structural challenges.” President Herman Van Rompuy addressed the…
France Telecom To Purchase 49% Ownership In Dailymotion
France Telecom is conducting exclusive negotiations to purchase a 49% share in Dailymotion for 58.8m Euro. Dailmotion is a video-sharing website that is nicknamed “the French YouTube.” Atlas Ventures and Partech, investors in Dailymotion, will sell a part of their stakes to France Telecom. France Telecom operates Orange mobile phone services, fixed lines, Online TV,…
Big Changes On The Way
The French asset management industry is reorganizing quickly, as the main French investors are starting to develop their European track records. Although the market has no pension fund system, there are still numerous funds available. Institutional investors may have reserves for investing in small insurers, local banks, and in firms. These institutions invest in programs…
