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EYE ON AFRICA

Government forces close to recapturing Libyan IS group stronghold of Sirte

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MEDIAWATCH

Can Manuel Valls unite the left ahead of 2017?

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Italy's rural south welcomes refugees with open arms

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IN THE PAPERS

French presidential election: ‘Valls's Moment’

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Music Show: Electro star Agoria stays 'Up All Night'

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TALKING EUROPE

Ukraine’s ex-prime minister: ‘We need reforms’

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IN THE PAPERS

Italy's referendum: ‘Confronted with a wave of 'NO' votes, Renzi resigns’

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TALKING EUROPE

Extremist populist parties: What's the reason behind their rise?

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MEDIAWATCH

Gambians herald 'new independence' after Jammeh defeat

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BUSINESS DAILY

A daily update on the latest business and economic news. Live on weekdays at 8.15 am Paris time.

Latest update : 2014-05-12

French PM promises lower taxes as spending cuts bite

The French Prime Minister, Manuel Valls, has pledged to cut income tax by 2015, despite France’s budget deficit remaining above the 3% EU limit. His comments come as ministers in the French government were told over the weekend how much their departmental budgets will be reduced under the €50 billion spending cuts plan. Also today: the Spanish solar energy investors who have been burned by Madrid’s austerity policies.

By Stephen CARROLL

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Archives

2016-12-02 Nike

Marty McFly's self-tying shoes inspire new Nike sneakers

From fiction to reality: Nike releases new sneakers inspired by the iconic self-lacing shoes worn by Michael J. Fox in "Back to the Future". First though, we look at François...

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2016-12-01 oil

OPEC's oil supply deal: Who wins and who loses?

Oil prices continued to rise on Thursday after the OPEC cartel agreed to cut production, the first such agreement in eight years. We're looking at who stands to win and lose from...

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2016-11-30 USA

Dozens arrested during US minimum wage protests

Dozens of people were arrested in the United States on Tuesday as protests were held in cities across the country calling for the federal minimum wage to be raised to $15 an...

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2016-11-29 OPEC

Samsung considers a split

Samsung is considering restructuring by creating a holding company and splitting off its electronics business, as well as giving shareholders more bang for their buck. Also,...

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2016-11-25 US economy

Thanksgiving gives way to 'Black Friday' sales

Ready, set, shop! Americans leave their Thanksgiving dinners to hunt for the best bargains of "Black Friday". The flash sale is also picking up steam in Europe. Also on today's...

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