European retail giant won’t leave Russia

French retail network Auchan will continue operating in Russia, according to the company’s CEO Yves Claude, who said the chain store operates in the interests of civilians. “It is useless to set people against each other,” Claude said in an interview with French weekly Le Journal du Dimanche.

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Dollar share drops in global transactions

The share of the US dollar in global financial settlements dropped in February, according to the SWIFT interbank transaction system. The use of the greenback fell 1.07%, down to 38.85% of all global transactions conducted via SWIFT. However, on a yearly basis, the dollar’s share was still up by 0.42%.

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France eyes up floating LNG terminal – reports

The French government is reportedly planning to build a floating facility for receiving American LNG The French authorities are reportedly considering proposals for the construction of a floating liquefied natural gas (LNG) terminal in the northern port of Le Havre.

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