Is the revival of Paris in peril?
The French election threatens a remarkable commercial renaissance
In recent years Paris has undergone an astonishing revival. Global businessmen, financiers and techies casually drop into conversation that they are spending more time in the City of Light. Wall Street banks have expanded their offices there; venture capitalists are signing more cheques for French startups. An annual investment summit, held in May at the nearby Palace of Versailles, has become a fixture in chief executives’ calendars. This year, as they sipped champagne with France’s president, Emmanuel Macron, company bosses pledged investment projects worth €15bn ($16bn).
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This article appeared in the Business section of the print edition under the headline “Can the City of Light keep its sparkle?”
Business June 29th 2024
- Is the revival of Paris in peril?
- European millionaires seek a safe harbour from populism
- A new lab and a new paper reignite an old AI debate
- Why everyone should think like a lawyer
- Why big oil is wading into lithium
- Boom times are back for container shipping
- Who shaved $250bn from Kweichow Moutai’s market value?
- Is artificial intelligence making big tech too big?
From the June 29th 2024 edition
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