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A daily update on the latest business and economic news. From Monday to Friday live at 6.15 am Paris time.

BUSINESS DAILY

BUSINESS DAILY

Latest update : 2013-10-11

French house hunters cash in on Costa Brava

France has the highest number of millionaires in Europe, according to a survey by Credit Suisse. Their wealth is mostly in property, but many French people are now looking to buy in Spain, where house prices have fallen by an average of 36% since 2007. Also, we look at the latest market reaction to hopes of a solution to the US budget stalemate.

By Stephen Carroll

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Archives

2014-08-20 France

More than half of French households will pay no income tax this year

Just 48.5% of French households will pay income tax for 2013, according to new figures from the finance ministry. The figure is almost 5% lower than the previous year. The news...

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2014-08-19 China

Argentina seeks to cash in on Russia import bans

Argentina's industry and agriculture ministers are meeting officials in Moscow later as the country seeks to cash in on import bans on food from North America and Europe....

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2014-08-15 Airbus

Berkshire Hathaway stock hits $200,000

Shares in billionaire investor Warren Buffett's Berkshire Hathaway broke a record high on Thursday to reach $200,000. The company has investments in many small and large-scale...

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2014-08-14 eurozone

Shock contraction in German economy as France stagnates

Europe's two largest economies have posted disappointing economic growth figures, with Germany seeing a shock contraction of 0.2% between April and June. The news has dampened...

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2014-08-13 eurozone

Japanese economy slumps after sales tax rise

The Japanese economy sharply contracted in the three months from April to June, the worst slump seen since the earthquake and tsunami that hit the country in 2011. The 1.7%...

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