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Four People Die Off French Coast Attempting English Channel Crossing
PoliticsBBCle-mondeThe Guardian+21Al Jazeerayle-uutisetnosaftonbladetDWFrance 24The Independentindex-hr+13 more1h ago24 sources

Four People Die Off French Coast Attempting English Channel Crossing

Four individuals lost their lives off the northern coast of France after attempting to board a boat intended to transport them across the English Channel, according to local authorities.

French Drug Trafficker Joël Soudron Arrested in Panama
Politicsle-mondele-figarodh-les-sports9d ago3 sources

French Drug Trafficker Joël Soudron Arrested in Panama

Joël Soudron, identified as one of France's primary drug traffickers, has been apprehended in Panama. Soudron was the subject of an Interpol Red Notice and two arrest warrants, having been sought by French authorities since his escape in 2018.

"Pressure Is Enormous": Nestle CEO Faces Mounting Scrutiny Amid Infant Formula Crisis
Businesszerohedge1mo ago

"Pressure Is Enormous": Nestle CEO Faces Mounting Scrutiny Amid Infant Formula Crisis

"Pressure Is Enormous": Nestle CEO Faces Mounting Scrutiny Amid Infant Formula Crisis Nestlé SA CEO Philipp Navratil is feeling the heat after the world's largest food company recently carried out the biggest recall in its history, pulling infant formula off supermarket shelves after a contaminated ingredient was discovered early last month. Shares have taken a beating, and scrutiny of the recall is intensifying, with prosecutors in Europe opening an investigation. Navratil and his management team are expected to present a turnaround plan for the Swiss foodmaker on Thursday, following the early January recall of its infant formulas. Multiple production sites were found to have cereulide, a toxin that can cause nausea and vomiting. French authorities have received complaints from eight consumers who say their children vomited after consuming Nestlé baby formula, prompting Paris prosecutors to open investigations. In the UK, there have also been 36 reports of suspected food poisoning linked to baby formula consumption. BBC News provided more color to those investigations: Prosecutors in Paris will seek to establish whether the baby formula producers are liable for distributing a tainted product. It will be co-ordinated with local probes into whether there was a causal link between the contaminated formula and the deaths of three babies in France. Nestlé and France's health ministry have stressed there was as-yet no evidence to indicate such a link. In Switzerland, the food giant's shares are little changed year to date, with uncertainty surrounding the baby formula debacle still hanging over sentiment. Zooming out, the stock has retraced to 2018-19 levels. Vontobel analyst Jean-Philippe Bertschy told clients, "The pressure is enormous ... and full-year results have become almost anecdotal, as investors are now squarely focused on the robustness of quality controls in the infant nutrition case and on the strategic update pledged by the new management team." Investors' attention now shifts to Thursday, when the Swiss giant reports full-year results and is expected to unveil its turnaround plan. Bloomberg noted, "Thursday's strategy update may include a reorganization to streamline businesses. Navratil has signaled that he wants to focus on four core divisions — pet care, coffee, nutrition and health, and food and snacking — while centralizing functions such as marketing, an area the company did not invest enough in during years of short-term margin expansion." Vontobel's Bertschy said, "It will be crucial that we receive an update on some of the under-performing units, how they want to reduce the net debt level and how they plan to accelerate the free cash flow. The market will look for a precise roadmap rather than another broad reassurance – a plan that is clearly underpinned by concrete actions, milestones and measurable commitments." Tyler Durden Wed, 02/18/2026 - 08:05

France Charges Four Over Foiled Attack on Bank of America Paris Branch
PoliticsFrance 24irozhlasrfi-english7d ago3 sources

France Charges Four Over Foiled Attack on Bank of America Paris Branch

French authorities have charged four individuals, including three minors, in connection with an apparent attempt to detonate a homemade explosive device outside the Bank of America headquarters in Paris, an incident anti-terror prosecutors link to a lesser-known group.

French Police Foil Bomb Attack Outside Bank of America in Paris, Suspect Detained
WorldAPbloombergle-monde+52The GuardianAl Jazeeradr-dknrknzzyle-uutisetcnbchelsingin-sanomat+44 more11d ago55 sources

French Police Foil Bomb Attack Outside Bank of America in Paris, Suspect Detained

French authorities successfully thwarted an apparent bomb attack outside a Bank of America branch in Paris, arresting a man who allegedly attempted to ignite a homemade explosive device in the city's 8th arrondissement, with a counter-terrorism investigation now underway and one suspect detained.

Asbestos-Contaminated Toys Alert in France
Healthle-figaro1mo ago

Asbestos-Contaminated Toys Alert in France

French authorities have issued a warning about asbestos contamination found in certain sand-based toys, including those where sand is used as stuffing inside figurines, advising consumers to stop using them.

Edmond de Rothschild Paris Offices Raided in Epstein-Linked Probe into Diplomat
BusinessAPbloombergle-monde+14dr-dkle-figaroSCMPdelfi-ltn1-serbiahotnewsluxemburger-wortstraits-times+6 more15d ago17 sources

Edmond de Rothschild Paris Offices Raided in Epstein-Linked Probe into Diplomat

French investigators have searched the Paris offices of Swiss bank Edmond de Rothschild as part of an inquiry into alleged corruption involving a French diplomat named in documents linked to the late sex offender Jeffrey Epstein.