Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

CMA CGM backs down on promise to register 40 ships under the French flag amid threat of windfall tax on profits

Rodolphe Saadé, head of the shipping giant, is aiming to put pressure on the French government, which may decide, as part of the national budget, to further tax the group whose profits in 2026 are expected to exceed €2.1 billion earned in 2025.

CMA CGM backs down on promise to register 40 ships under the French flag amid threat of windfall tax on profits

We haven't written up this one. Le Monde English has the full story — the link below goes straight to it.

This story

This is one outlet's version. Read the fullest account.

Read the original at lemonde.fr →

More in Finance & Markets

More from Wednesday 30 September →