The French state has, at times, been as close to a nanny state as it gets. But that doesn’t mean France lacks a thriving charity and non-governmental sector. On the contrary, France’s charity sector is massive, with some 1.3 million estimated non-profit groups. They spend close to 3.4 percent of French GDP, and employ close to 2 million people, with ...

Bloomberg The biggest Nordic banks expect to launch a new piece of financial infrastructure next year, promising to dramatically speed up international transfers in one of the world’s most technologically advanced regions. The aim is to make it possible to clear payments and settle accounts within seconds, regardless of currency. The P27 project — so-called for the 27 million people ...

Bloomberg After US moves on global trade policy that have shredded decades of trust, watch out for deals to be struck before the midterm elections in November, Citigroup Inc. said, flagging a potential rebound in commodity prices towards the year-end that’s aided by still-robust fundamentals. “US trade actions have been brutal and unilateral and have punctured the trust built up ...