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French authorities raid banks in massive tax fraud case
French authorities raid banks in massive tax fraud case
Business and Economy
by  AFP

French authorities raided five banks on Tuesday as part of an investigation into suspected cases of massive tax fraud and money laundering, prosecutors said. The raids follow five preliminary investigations that were opened in December 2021 in connection with suspected money laundering and aggravated suspected tax fraud related to dividend payments, the statement said.

EU fossil fuel car ban gets final green light
EU fossil fuel car ban gets final green light
Business and Economy
by  AFP

The 27 EU member states gave final approval Tuesday to a ban on sales of new fossil fuel cars by 2035, after Germany dropped a last-minute blocking effort. But manufacturers in Germany, one of the world's largest vehicle-producing nations, said the fuels could allow combustion engines to be used beyond 2035.