Nick Kostov
Livemint
France
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Past articles by Nick:
Louis Vuitton’s formula for world domination
The brand doubled sales in four years. Can a global behemoth retain its air of exclusivity? → Read More
Adidas to investigate allegations against Kanye West
The company said Thursday that it would start the probe after receiving an anonymous letter that alleged years of misconduct in the workplace by Mr. West,... → Read More
Jeep Owner Stellantis to End China Joint Venture
The Netherlands-based car maker said it would end the joint venture that makes and distributes its Jeep brand in China, citing a lack of progress in its plan to take a majority share in the venture. → Read More
Extreme Heat Scorches Europe, Fueling Wildfires, Drought
With unseasonably high temperatures that have reached as far north as London, the continent has become a tinderbox. → Read More
Key Participant in 2015 Paris Terror Attacks Sentenced to Life in Prison, the Harshest Punishment Under French Law
The conviction of Salah Abdeslam, the highest-profile participant in the November 2015 terror attacks, ends a brutal chapter in France’s yearslong struggle with terrorist groups. → Read More
Billionaire Ray-Ban Owner Leonardo Del Vecchio Dies at 87
The Italian industrialist built an eyewear empire that spanned some of the biggest fashion brands and was the architect of the megamerger between Luxottica and French lens maker Essilor. → Read More
French Prosecutors Seek Life in Prison for Key Participant in 2015 Paris Terrorist Attack
Salah Abdeslam, a 32-year-old Frenchman, says he decided against detonating his suicide vest during an Islamic State massacre that killed 130 people across the nation’s capital in a single night. → Read More
Renault Sells Russia Business to State-Backed Entity for One Ruble
The French auto maker has reached a deal to cede its 68% stake in AvtoVAZ to a state-backed entity for one ruble and a six-year option to buy back its shares, according to people familiar with the matter—illustrating the limited options that Western firms face in leaving Russia. → Read More
Carlos Ghosn’s French Arrest Warrants Focus on Bonus Payments
French prosecutors have zeroed in on about $16 million in payments from Renault to an Omani dealership, money they suspect ended up in companies controlled by the former auto executive and his family. → Read More
France issues arrest warrant for Carlos Ghosn
Ghosn is accused of funneling millions of dollars of Renault funds into accounts for his own personal use → Read More
France Issues International Arrest Warrant for Carlos Ghosn
French prosecutors also issue warrants for four others for allegedly helping the former Renault executive enrich himself. → Read More
France’s Presidential Election Hinges on Far-Left Voters
The duel between President Emmanuel Macron and far-right leader Marine Le Pen in France’s presidential election this Sunday hinges on voters whose first choice to lead the nation was a far-left, pro-immigration anticapitalist. → Read More
Spotify Rival Deezer Strikes SPAC Deal Valuing It at About $1.1 Billion
French music streaming service Deezer is merging with a special-purpose acquisition company aiming to go public at valuation of about $1.1 billion. → Read More
Stellantis Shareholders Reject Executive Pay Packages, Including for CEO
The unusual step of opposing the car maker’s pay plan follows French government criticism that CEO Carlos Tavares was earning too much. → Read More
Roman Abramovich Asset Freeze Extends to $7 Billion in Jersey and a French Chateau
Police on the English Channel island raided a property on Tuesday that they said was thought to be connected to the Russian oligarch → Read More
Spotify Rival Deezer Nears Deal to Go Public
French music streaming service Deezer is nearing a deal to go public by merging with a special purpose acquisition company backed by the family behind luxury titan Kering SA, according to people familiar with the matter. → Read More
France’s Macron Under Fire for Hiring McKinsey for Covid Vaccine Rollout
Scrutiny of the French government’s spending on private consultants during the vaccine rollout has thrown President Emmanuel Macron on the defensive as his bid for reelection approaches its final week. → Read More
Shares of Martin Sorrell’s S4 Capital Plunge After Auditing Delay
It is the second time this month that the advertising firm was forced to delay its earnings report. → Read More
Many Businesses Are Quitting Russia. Big French Firms Are Staying Put.
Some of France’s largest companies, including Renault, Societe Generale and TotalEnergies, are maintaining ties in Russia after its invasion of Ukraine. → Read More
Russian Car Maker, Known for Cold War Self-Reliance, Idles Factories
The disruption at Lada shows how Russia’s economy is beginning to feel the bite of sanctions the West imposed on Moscow after President Vladimir Putin decided to invade Ukraine. → Read More