The action, which will put pressure on the nation’s borrowing costs, reflects doubt that a new government can mend the deteriorating financial situation.

French President Emmanuel Macron on Friday named centrist ally François Bayrou as prime minister in an effort to address the country’s deep political crisis, after a historic parliamentary ...

The French president appointed a seasoned centrist to referee between rowdy political factions.

French President Emmanuel Macron on Friday named centrist ally François Bayrou as prime minister in an effort to address the ...

France's newly appointed Prime Minister Francois Bayrou, right, is applauded by outgoing Prime minister Michel Barnier after ...

Ratings agency Moody's downgraded France's credit rating Saturday to Aa3 with a stable outlook, following months of political crisis and the appointment of centrist Francois Bayrou as prime minister.

French President Emmanuel Macron has named centrist ally François Bayrou as prime minister, after a historic parliamentary ...

Credit ratings agency Moody's unexpectedly downgraded France's rating on Friday, adding pressure on the country's new prime ...

In our news wrap Friday, consulting firm McKinsey and Company will pay $650 million to settle a federal investigation into its work for the opioids maker Purdue Pharma, the state of Texas has sued a ...

In a bid to end political turmoil, France's president named Francois Bayrou prime minister. One lawmaker likened France's ...

New Prime Minister Francois Bayrou said Friday he was acutely aware of the scale of France's financial and political problems, comparing the deficit to crossing the Himalaya mountains.