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EU budget plans foiled as Germany pushes for less spending

The European Union may need to scale down plans to boost growth and mitigate the social impact of a slowdown if it fails to quickly agree on a long-term budget, European officials said on Monday, as Germany pushes to restrict spending.

Prosecutor investigates General Electric's France chief

Paris prosecutors are investigating allegations of what they called an improper acquisition of interest by Hugh Bailey, head of General Electric in France, who worked as an adviser to President Emmanuel Macron when he ran the economy ministry.

Air France-KLM knocked by Aigle Azur rescue bid

Air France-KLM shares fell sharply on Monday as it emerged as a bidder for bankrupt French-based budget carrier Aigle Azur, which left 19,000 passengers stranded when it abruptly halted operations.

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France says Houthi claim of Saudi attack lacks credibility

France on Thursday appeared to dismiss claims by Yemeni Houthi rebels that they were behind an attack on Saudi oil facilities, and said Paris would renew efforts to defuse tensions between the U.S. and Iran at next week's U.N. General Assembly.