France's 2024 budget deficit could top 6% of GDP, minister warns

• Sep 25, 2024, 9:06 PM

1 min de lecture

As France's newly-formed government faces pressure to finalise its spending plans for 2025, Budget Minister Laurent Saint-Martin says the state of public finances is worse than was expected only a few days ago, and that this year's budget shortfall could top 6 percent of GDP – far above the government's earlier estimate of 5.1 percent. Plus, Commerzbank has named Bettina Orlopp as its new CEO, as it tries to fend off a possible hostile takeover by Italy's UniCredit.

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US stocks retreat ahead of Election Day, but long-term trend points to gains

• 10:46 AM

1 min

All three major indices on Wall Street closed Monday's session in the red ahead of Election Day in the United States, with investors preferring to turn to US treasuries in the face of political uncertainty. In this edition, we look at which stocks could

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