Finance News

France puzzled over 'very pure' cocaine washing up on Atlantic coast

Rennes’ public prosecutor warns people who spot packages to refrain from touching them

French police are investigating how a “significant amount” of cocaine and other drugs have washed up on beaches along the Atlantic coast in recent weeks. New packages continue to appear daily.

The cocaine is particularly pure and therefore dangerous, according to the prosecutor’s office in the western city of Rennes, who urged people who spot packages not to touch them but immediately call the police.

Related: 'They come back with big eyes': pétanque rocked by drug allegations

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Marseille's mothers call on Macron to use gangland profits to revive communities

Women from France’s second city estates argue that channeling criminal proceeds back into educational projects will keep teenagers away from organised crime

Malika looked out of her window on the tenth floor of a run-down tower-block in northern Marseille across at the Mediterranean Sea. “There are good things about living here, despite the bad reputation,” said the 43-year-old mother of four. “When I was down, when I had no food, my neighbours always helped. We’re one big family here.”

On a nearby estate, visible from the window, a 29-year-old was recently shot dead with a Kalashnikov machine-gun in a criminal turf-war. It was the tenth criminal gang death in the Marseille area this year. Military weapons are sometimes fired in broad daylight and can sell for as little as €500.

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The first fairytales were feminist critiques of patriarchy. We need to revive their legacy |...

The women who created the first fairytales were far more radical than the Brothers Grimm have led us to believe

Most revolutions begin quietly, in narrative. Take, for instance, fairytales. The popular understanding is that fairytales evolved exclusively from oral folktellers – from the uneducated “Mother Goose” nurse, passing into the imaginations of children by centuries of fireside retellings.

But this story is a myth. Fairytales were invented by the blue blood and pomaded sweat of a coterie of 17th century French female writers known as the conteuses, or storytellers.

Marie Catherine d’Aulnoy’s central theme was the critique of arranged marriage, her heroines agents of their own destinies

From that day he refused to eat, and his looks underwent a great change; he became yellow as a quince, thin, melancholy, and depressed. […] Observing him continually for three days and three nights, they concluded that he was in love and that he would die if they did not find the sole remedy for him.

Related: Harriet the Spy helped me come to terms with my queer identity

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The Guardian view on the fall of the Berlin Wall: history’s lessons | Editorial

It was hailed as the definitive triumph of liberal democracy. Thirty years on, the lessons of 1989 look rather different

“The owl of Minerva begins its flight only with the coming of the dusk,” wrote Hegel in the Philosophy of Right. This was a poetic way of saying that wisdom and understanding only come with hindsight, and history never ceases to play itself out in unanticipated ways. As Germany marks the 30th anniversary of the fall of the Berlin Wall this weekend, a flapping of wings is audible.

After the extraordinary events of 9 November 1989, when east Berliners poured through the Wall’s checkpoints, calling time on the cold war and the communist era in Europe, many assumed that a definitive victory had been won for liberal democracy. Francis Fukuyama famously suggested the triumph of western values could signal “the end of history”.

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'He's now at peace': lost soldier identified and buried after 102 years

Lance corporal reburied with full military honours in front of granddaughter after 1917 death

But for a spoon and a “lightbulb” moment, Linda Cook would never have found her grandfather, who had been missing for 102 years.

He was lying where he fell, gradually hidden then finally lost as shellfire exploded in the earth around him in a field near Lens, northern France.

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Billionaires' wealth falls for first time since 2015

The world's richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth of billionaires for...

Pete Doherty arrested in Paris for allegedly buying cocaine

Libertines frontman was detained on Thursday night after police stopped a drugs transaction in Pigalle district

Paris authorities report that British singer Pete Doherty has been arrested in Paris for allegedly buying cocaine.

The Paris prosecutor’s office said the 40-year-old Libertines and Babyshambles frontman was placed in detention on Thursday night after being stopped by police during a drugs transaction.

Related: Peter Doherty: 'If I was drug free, I'd be a force to be reckoned with'

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Billionaires' wealth falls for the first time in a decade

The world's richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile equity markets reduced the wealth of billionaires for...

Gaze, don't glance: Leonardo da Vinci, the immersive show, opens at National Gallery

Urging visitors to unrushed appreciation, the exhibition displays just one work – The Virgin of the Rocks

An experimental exhibition will this weekend open at the National Gallery in London with a simple aim – to encourage people to spend minutes rather than seconds looking at a masterpiece.

“This whole exhibition is about getting slower looking,” said Caroline Campbell, the gallery’s director of collections and research, ahead of a show which, boldly, has just one work of art: Leonardo da Vinci’s The Virgin of the Rocks.

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Five new life lessons from Charles Schwab

(The writer is a Reuters contributor; the opinions expressed are his own.)

French police begin clearing makeshift migrant camp in Paris

More than 1,000 people have been sleeping rough for months in squalid conditions

Hundreds of French police have begun clearing more than 1,000 migrants and refugees from a makeshift camp in northern Paris, where they had been sleeping rough in squalid conditions for months.

Police arrived at the site near Porte de La Chapelle before 6am local time (0500 GMT) on Thursday, after the country’s centrist government set out Emmanuel Macron’s tougher stance on immigration this week and vowed to clear the camps.

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Storm Amelie wreaks havoc in France

Atlantic coast hit by flooding and 140,000 people without electricity as power lines down

Storm Amelie barrelled into the Atlantic coast of France at the weekend. The storm left 140,000 people without electricity as it took down power lines and trees. Emergency services were on standby to attend to callouts, with 47 people evacuated from a campsite in Landes due to flooding.

Meanwhile, a very warm and dry October in Australia has added to ongoing problems with drought. The country has experienced its third warmest October since records began, with the second warmest January to October period. Lower than average rainfall has exacerbated the drought, with October also being the fifth driest over a 120-year record.

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Anne-Catherine Fox obituary

My wife, Anne-Catherine Fox, who has died aged 56 of cancer, was a gifted artist who found her true vocation providing creative therapy and hope for asylum seekers and other victims of trauma. She helped heal hidden wounds through art.

Born in Gourin in Brittany, France, Anne-Catherine was the daughter of Rene Le Deunff, a doctor, and his wife, Danielle, who ran her husband’s practice. Anne-Catherine was inspired by her communist grandfather Yann Vadezour le Deunff, a French resistance and Breton freedom fighter, and her godmother, Marie-Madelaine Le Floch, whose father died while returning from a concentration camp in 1945.

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Record highs not enough to lure fund investors to U.S. stocks

U.S. investors last week pulled $4.1 billion from mutual funds and exchange-traded funds that hold domestic stocks, extending a pullback from the U.S. equities market that has now lasted for five of...

Marine Le Pen allies on trial for alleged fraud during 2012 election

Senior party figures accused of profiting from the state by overcharging for election kits

Several allies and close friends of the French far-right leader Marine Le Pen are due to go on trial in Paris accused of fraud during election campaigns in 2012.

The seven defendants including senior figures in Le Pen’s party, the Front National, which has since been renamed National Rally, will appear in court on Wednesday accused of taking part in a fraudulent scheme to overcharge candidates for party election leaflets.

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France to set migrant worker quotas in bid to appeal to rightwing voters

Policy seen as part of tougher stance by Emmanuel Macron as he prepares to take on Marie Le Pen

France will start setting quotas for migrant workers from next year as Emmanuel Macron toughens his stance on immigration in an apparent attempt to appeal to rightwing voters.

The French labour minister, Muriel Pénicaud, said on Tuesday that France would set quotas for the first time, with the government working with employers to identify industries lacking qualified candidates and where foreigners could fill the gap.

Related: Macron’s national debate on immigration plays into the hands of the French far right | Cole Stangler

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French actor Adèle Haenel claims director sexually harassed her

Star accuses Christophe Ruggia of abuse when she was making her first film aged 12

The acclaimed French actor Adèle Haenel has alleged she was sexually harassed from the age of 12 by the director who made her first film.

Haenel, 30, who has won a string of awards for her work, including two French Oscars, said she was subjected to “permanent sexual harassment” by Christophe Ruggia from the age of 12 to 15 when she was making and promoting her debut 2002 film, The Devils, in which she played a girl with autism.

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Beyond windmills, Epoch's Van Valen looks for grid improvements

At a time when U.S. utilities face pressure to rely more on renewable energy, a well-known investor in the space said it is equally important to judge companies by their spending on less glamorous...

Yvette Lundy, French resistance heroine, dies aged 103

Schoolteacher helped Jewish people hide and survived Nazi concentration camps

Yvette Lundy, a heroine of the French resistance who survived detention in German concentration camps, has died aged 103.

The schoolteacher supplied fake papers to Jewish people and others being rounded up by the Gestapo and sent them to hide at her older brother Georges’ farm.

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Disturbance: Surviving Charlie Hebdo by Philippe Lançon – review

One victim’s powerful response to the 2015 massacre favours philosophy and wit over anger and polemic

On 7 January 2015, Philippe Lançon was confronted with a freelance journalist’s dilemma. Should he go straight to Libération, the newspaper for which he was a longstanding cultural critic. Or should he drop in on the way to the editorial meeting of the struggling satirical weekly to which he was a more recent contributor. In the end he decided to stop by at the weekly, which was called Charlie Hebdo.

What happened at that meeting, and the dreadful personal aftermath it wrought, is the subject of Lançon’s powerful memoir, Disturbance: Surviving Charlie Hebdo (first published in France last year when it was the recipient of several awards). As the world knows, that morning Said and Chérif Kouachi, a pair of Islamist brothers with a record of terrorist involvement, forced their way into Charlie Hebdo’s Paris office, armed with assault rifles, submachine guns and a pump action shotgun, and slaughtered 12 people and injured 11 others, before fleeing in a getaway car.

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29 injured including 10 Britons after bus overturns in France

FlixBus vehicle was driving from Paris to London when it toppled on its side

Passengers travelling from Paris to London, including 10 Britons, have been injured after their bus overturned in northern France.

The coach, operated by a regional partner for the German transport firm FlixBus, tipped over in the wet weather and left the road after taking an exit from the A1 motorway, one of France’s busiest.

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Outrage in Calais over death of Nigerian man in tent

Man tried to light a fire to keep warm and died from smoke inhalation

Aid groups have protested over “inhuman” conditions for migrants and refugees sleeping rough in Calais after a 25-year-old Nigerian man died from smoke inhalation in his tent. He had tried to light a fire in a tin to keep warm and prepare food.

Police in Pas-de-Calais confirmed that a man had died from intoxication from smoke fumes at the end of last week and said an autopsy would take place. The man was the third migrant or refugee to die in Calais this year.

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Luxury player: why Bernard Arnault is making a blockbuster bid for Tiffany’s

France’s richest man has turned LVMH into a leviathan: this move will be the crowning glory of a calculating career

French billionaire businessman Bernard Arnault has been called many things: the Wolf in Cashmere, the Exterminating Angel, Tintin – for his neat, boyish looks – and Lord of the Logos among them. But it is perhaps a building that portrays him better than nicknames.

In the woodland of Paris’s Bois de Boulogne, the Louis Vuitton Foundation rises like a displaced iceberg in a pool of meltwater: the £80m structure, designed by American architect Frank Gehry, is creative, complex and visionary, but not entirely admired or popular. Imposing and inspired, it is also sharp and cool, as in chilly rather than trendy.

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Starved for income? Hungry investors hunt dividend ETFs

Rock-bottom interest rates may be great for lots of people - but not for savers.

Bayonne mosque attack was terrorism, says survivors' lawyer

Charges of attempted murder and arson but not terrorism are dismissed as ‘masquerade’

A lawyer for two men who were injured in an attack on a mosque in south-west France this week has said the case should be treated as terrorism.

Méhana Mouhou, who represents two men aged 74 and 78 who were shot when they disturbed the suspect trying to set fire to the mosque in Bayonne, said: “This was a terrorist act.”

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Wealth gap among retired Americans worsens despite a growing economy

(The opinions expressed here are those of the author, a columnist for Reuters.)

Confiscate guns from domestic abuse suspects, French police told

Government panel calls for new police protocols and better teaching on equality

A French government panel has urged authorities to confiscate guns from people who are accused of domestic abuse.

That proposal was one of 65 recommendations released on Tuesday to tackle domestic abuse in France, where a woman is killed by her partner every three days, according to government statistics.

Related: Macron hears police officer refuse to help woman in danger

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AT&T to add directors, sell up to $10 billion in assets next year

AT&T Inc on Monday unveiled a three-year strategic plan that included selling up to $10 billion worth of businesses next year, paying off all its debt from the purchase of Time Warner and adding two...

Brian May completes stereoscopic 'devil cards' collection

Queen guitarist finds last two of 19th-century set of French ‘Diableries’ after 30 years

They have names like The Infernal Cavalry, Satan the Journalist and Bicycle Race in Hell, and tell horrible stories of oppression, torture and misery.

There are also scenes that show the damned playing billiards at “Cafe Chez Satan”, a fancy dress carnival with the Prince of Darkness as an untrustworthy nurse, and a “lottery in hell” for which there is only one winner.

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Life, death and Serge: Jane Birkin reveals her insecurities in emotional memoir

The singer opens up about her tumultuous relationships with the ‘bad boy’ of French music and her late daughter

Jane Birkin will always be France’s favourite “petite Anglaise”, but few will have even guessed at the depth of the insecurity suffered by the “little English girl” – until today.

The British-born actress and singer captured Gallic hearts when, aged 21 and the epitome of London’s Sixties cool, she took up with singer-songwriter Serge Gainsbourg – 20 years her senior and the bad boy of French popular music.

I think I’m nothing, I’m persecuted by women who I love more than myself. I have nothing interesting to say

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