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PSA Mulhose site to make surgical masks

PARIS (Business) – French carmaker PSA is set to start manufacturing surgical masks at its site in Mulhouse site located in eastern France starting August. PSA would have a production capacity of 10 million masks per month in France. (Photo syndicated via Reuters)This story has been edited by BH staff and is published from a […]

Hydroxychloroquine use banned to treat COVID-19 by France

PARIS (Europe) – The French government on Wednesday cancelled a decree allowing hospital doctors to administer hydroxychloroquine as a treatment to patients suffering severe forms of COVID-19, the illness caused by the new coronavirus. The announcement comes two days after the World Health Organization said it was pausing a large trial of the malaria drug […]

French government’s crisis measures cost 450 billion euros

PARIS (Europe) – The government of France’s measures to aid their economy through the coronavirus crisis has cost 450 billion euros, equal to 20% of GDP, according to France’s finance minister. Since mid-March, the French government mobilised measures like state-subsidised furloughs, state-guaranteed loans, tax deferrals and handouts to small firms.