nu

France heading for exceptionally weak economic growth

France heading for exceptionally weak economic growth

France is facing a significant economic slowdown as high oil prices weigh on household spending. The French statistics bureau, INSEE, projects that GDP growth will decline to 0.7% in 2026, down from 0.9% in 2025.

Based on reporting by nu. Translated and condensed by LocalHeadlines.

Related articles

Global online vulnerability update is live: A race against the clock

Global online vulnerability update is live: A race against the clock

A critical security vulnerability has been discovered in the PHP programming language, prompting a race to patch systems before hackers can exploit the flaw. Many organizations have temporarily taken their websites offline as a precaution while security experts warn that businesses must also conduct thorough checks for prior unauthorized access.

NVIDIA CEO calls on Europe to speed up AI adoption

NVIDIA CEO calls on Europe to speed up AI adoption

NVIDIA CEO Jensen Huang is touring Europe to encourage businesses to accelerate their transition toward AI-integrated operations to build a stronger local economy. Despite investor concerns regarding the heavy costs of AI infrastructure, Huang remains optimistic and is forming new partnerships with European firms.

European Commission launches investigation into Booking.com over failure to tackle fraud

European Commission launches investigation into Booking.com over failure to tackle fraud

The European Commission has opened an investigation into Booking.com over concerns that the travel platform is failing to adequately combat fraud and phishing scams. The inquiry aims to ensure the company complies with the Digital Services Act, which mandates that online platforms prioritize user protection and transparency.

All countries doing too little for climate, further warming threatens: 'No more excuses'

All countries doing too little for climate, further warming threatens: 'No more excuses'

A UN report warns that global efforts to curb greenhouse gas emissions are insufficient, placing the world on track for nearly 3 degrees of warming. While the 1.5-degree target is increasingly out of reach, officials emphasize that rapid adoption of clean energy and the phasing out of fossil fuels remain critical to limiting the severity of future climate disasters.

Supermarket chain Carrefour lowers profit forecast due to riots in France

Supermarket chain Carrefour lowers profit forecast due to riots in France

Carrefour has lowered its profit forecasts for 2026 and this year due to significant uncertainty caused by widespread rioting in France. The unrest has led to property damage, looting at multiple retail locations, and operational disruptions including shortened store hours and increased security costs.