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New prime minister says ‘colossal debts’ leave him no choice but to break with Macron’s economic policies

Emmanuel Macron expected to appoint new premier and reshuffle government posts in coming days

Michel Barnier maintains big role for loyalists of President Emmanuel Macron

Preliminary probe looks into financial communications around 2017 launch of group’s blockbuster drug Dupixent

Domestic consumption falls as consumers switch to beer, spirits and alcohol-free options

Conservative billionaire’s entertainment channel had been fined €7.6mn for breaching broadcasting standards

Clash is latest flashpoint between food manufacturers and retailers over rising costs for consumers

EU support at risk if group keeps key ‘georeturn’ principle in awarding contracts, says Philippe Baptiste

Also in this newsletter: Ukraine prepares for a third year of war and the women’s voices in the Epstein files

Politics and luxury goods weigh on benchmark Cac 40 index