French insurer AXA reported better-than-expected full-year earnings on Thursday, boosted by increased premiums from individual insurance policies, fewer claims and increased margins for its natural catastrophe coverage. Europe’s third-biggest insurer by market capitalization said it expected its results this year …
BNP Paribas is in exclusive talks with French insurer AXA to buy 100% of its AXA Investment Managers arm at an agreed price of 5.1 billion euros ($5.50 billion), the euro zone’s biggest bank said on Thursday. For BNP, such …
BNP Paribas, the euro zone’s biggest bank, has agreed to buy a 9% stake in Ageas from China’s Fosun Group for about 730 million euros ($780 million), making it the biggest shareholder in the Belgian insurer. The deal ends months …
France’s AXA, Europe’s second-biggest insurer, pledged on Thursday to deliver higher earnings and returns to shareholders by 2026 by growing its client base, automating processes and reducing labor costs. The new three-year plan, dubbed “Unlock the Future” — Thomas Buberl’s …
Apple defended its iPhone 12 model on Wednesday after a French watchdog ordered a halt to its sales citing breaches of European Union radiation exposure limits. The French move raised the prospect of further bans in Europe. Germany’s network regulator …
Environmental and human rights activist groups said on Monday they had sued BNP Paribas, the eurozone’s biggest bank, for providing financial services to companies they allege contribute to the deforestation of the Amazon rainforest. Brazilian NGO Comissão Pastoral da Terra …
Climate and human rights activists sued two of France’s biggest corporations over fossil fuel financing and alleged human rights abuses on Thursday, as campaigners increasingly turn to lawsuits to push big companies to change their behavior. Oxfam, Friends of the …
Two former managers of Deliveroo were given suspended one-year prison sentences and fined 30,000 euros ($32,380) by a French court on Tuesday for abusing the freelance status of cycle riders working for the British takeaway delivery platform. The company was …
PARIS – France’s data privacy watchdog CNIL said on Thursday it had fined Alphabet’s Google a record 150 million euros ($169 million) for making it difficult for internet users to refuse online trackers known as cookies. Meta Platforms’ Facebook was …
The European Union’s top court ruled on Tuesday that unrestrained mass surveillance of phone and internet data is unlawful, in a move which could curb the powers of spying agencies in France and other EU countries. Privacy rights advocacy groups …
