Prices of petroleum products are expected to rise from May 16 even if the government extends the programme aimed at cushioning consumers against rising prices
Prices of petroleum products are expected to rise from May 16 even if the government extends the programme aimed at cushioning consumers against rising prices
France's richest man, LVMH chief Bernard Arnault, testified Thursday in the influence-peddling trial of the former head of France's domestic intelligence agency, denying any knowledge of an alleged scheme to protect the luxury group.
The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were signs of disagreement among the group over plans to increase output. Analysts say that if OPEC nations maintain their output cuts, their market share could fall as non-OPEC nations continue to produce more.
The French government is ready to offer concessions to parliament to get through its budget, the finance minister said Thursday, in a standoff which is causing market turbulence and risks bringing down the government of Prime Minister Michel Barnier.
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