Economy

France 'probably' missed 2023 deficit target: source
France 'probably' missed 2023 deficit target: source

France likely overshot its budget deficit target in 2023, a finance ministry official said on Monday. The cuts would help the government meet its deficit target for this year of 4.4 percent of GDP, Le Maire told reporters Monday.

Eiffel Tower closes as staff go on strike
Eiffel Tower closes as staff go on strike

The Eiffel Tower, one of the world's top tourist attractions, was closed Monday after staff went on strike, unions told AFP. The strike, which was called to protest over the way the monument is managed financially, could be extended, they said. The stoppage is the second strike at the Eiffel Tower within two months for the same reason.

Asia stocks mixed as China enjoys Lunar New Year bump
Asia stocks mixed as China enjoys Lunar New Year bump

Chinese stocks were buoyant after Lunar New Year but other Asian markets were mixed on Monday as a hot US inflation report rekindled worries over the timing of Fed rate cuts. Innes said investors in Chinese shares were optimistic about sustaining recent positive momentum in Asian markets despite last week's US inflation shock.

Natural pesticides gain ground in 'agri-tox' capital Brazil
Natural pesticides gain ground in 'agri-tox' capital Brazil

Inspecting a thriving green field, Brazilian farmer Adriano Cruvinel is beaming: Using a fraction of the chemical products he used to, he is growing even more soy, thanks to natural pesticides. Agricultural powerhouse Brazil may be the world leader in chemical pesticide use, but Cruvinel is part of a growing trend of farmers turning to natural products known as "biopesticides."