Basix Hedge News - France


French entrepreneurs take flight

Jeremie Le Febvre, the 30-year-old founder of private equity marketing-services firm TBG Capital Advisors, plans to move to Singapore from Paris this year. Not because...

Global markets shrug off austerity backlash in France, Greece

Benoit Tessier/Reuters Voters in France and Greece have signalled a huge shift in mood for the eurozone, rejecting fiscal austerity and raising the prospect that...

Dutch coalition to quit in budget row: sources

THE HAGUE — The Dutch government will resign on Monday in a crisis over budget cuts, spelling the end of a coalition which has strongly...

World stocks fall as European fears grip investors

Fears of a Europe-wide recession undermining political will to tackle the region’s debt crisis gripped financial markets on Monday, sending shares and the single currency...

10 ominous facts about Spain

And why the problems will probably get worse

Spain’s borrowing costs jump

Spanish borrowing costs jumped at a bond auction on Wednesday, jolting wider European markets, as this week’s tough budget failed to calm investors’ nerves about...

Europe’s central bank holds rates; markets await word from Draghi

ECB President Mario Draghi will explain the Governing Council’s decision at a news conference later today

World stocks fall after Fed backs off easing

Stocks and the euro fell on Wednesday after policymakers in the United States dimmed hopes of fresh asset-buying, underlining its divergence from a Europe facing...

Europe’s debt crisis far from over, OECD warns

The Organization for Economic Co-operation and Development says despite calmer financial markets the 17-nation area needs ambitious economic reforms and there can be no room...

Eurozone ready to boost firewall as concerns about Spain grow

Spain’s fiscal position is banishing any complacency that the currency bloc’s debt crisis is a thing of the past

Greece averts default, but markets skeptical

Greece averted the immediate risk of a messy default today, winning strong acceptance from its private creditors for a bond swap deal and clearing the...

World stocks steady, but all eyes on Greece

European shares steadied after two days of losses and the euro recovered from a 3-week low on Wednesday as markets braced for the outcome of...

What you need to know before markets open

North American markets look set for a higher open today after yesterday's steep sell-off. Here are the stocks to watch

What you need to know before markets open

North American markets look set to open lower today after China cut its growth target and more bad news came out on the European economy....

17 million people are out of work in Europe

By Robin Emmott BRUSSELS — Unemployment in the eurozone in January hit its highest since the launch of the currency area but a rise in...

No ‘credit event’ in Greece, ISDA rules

Greece has not triggered a payout on credit default swaps by its recent moves to prepare for a debt restructuring, the International Swaps and Derivatives...

Europe drags on global economy as options run out

Greece’s factories are in freefall and its economic data point to depression rather than recession

Closing Bell: TSX drops for second straight session

Canada’s benchmark stock index declined for the second straight session on Monday, a day with little economic data to detract from IMF director Christine Lagarde’s...

Merkel torn by conflict in Greek vote

By Stephen Brown and Alexandra Hudson BERLIN — Germany’s parliament was set to endorse the latest Greek bailout on Monday after Chancellor Angela Merkel rejected...

Markets claw back to gains by midday

North American markets were showing moderate gains at midday after a U.S. employment report came in better than expected