Prime Minister Sebastien Lecornu was urged on Sunday by local officials to intervene to avoid an escalation as French farmers protested the use of police force and the culling of cows due to a skin disease. "We must do everything we can to avoid escalation and confrontation."
Car manufacturers in Europe will have to include more recycled plastics in new vehicles under new EU rules agreed on by the bloc's countries and lawmakers on Friday. Vehicle manufacturing accounts for 10 percent of the EU's overall consumption of plastics, and is responsible for 19 percent of demand for the bloc's steel industry, according to Brussels.
Russia's central bank on Friday said it was suing the Belgium-based Euroclear financial group, which holds Moscow's frozen international reserves, as the EU moves closer to using the funds to support Ukraine. On Friday, Russia's central bank said it was filing "a lawsuit against Euroclear in the Moscow Arbitration Court" due to what it called "the illegal actions" of the institution.
Asian equities rose Friday as investors tracked a record day on Wall Street in the wake of the Federal Reserve's latest interest rate cut. Still, investors in New York continued to look at the positives, pencilling in more cuts next year and pushing the S&P 500 and Dow to fresh records.
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