
TIME and 360BusinessMedia Announce TIME France
Today, TIME and 360BusinessMedia announced TIME France, a licensed French edition of TIME's iconic publication.
The first issue is scheduled for release at the end of 2025, with a dedicated website launching Fall 2025. TIME France will feature:
A dedicated French editorial team will be assembled in the coming months to uphold TIME's values and editorial standards.
'For over a century, TIME has delivered trusted journalism and global perspectives to our audience. With our expansion into France's media market, we're building on a longstanding tradition of covering the region, now through a dedicated edition,' said TIME Chief Executive Officer Jessica Sibley. 'This launch reflects our commitment to reaching new audiences and meeting them where they are, and we are thrilled to partner with 360BusinessMedia to bring TIME's brand and magazine to France and surrounding regions.'
"It is an honor to orchestrate the arrival in France of such an iconic title, whose covers and in-depth reporting has resonated across the world for a century. We are building a dedicated editorial team to deliver thoughtful, bold, and relevant journalism tailored to French and European audiences. The French edition aims to combine TIME's editorial excellence with local insight into today's major challenges — from politics and innovation to society, climate, and culture." said Dominique Busso, Chief Executive Officer of 360BusinessMedia.
The announcement of TIME France comes on the heels of a period of dynamic growth and innovation for TIME. Today, the brand reaches more than 120 million people worldwide across all platforms, representing the largest, most global, youngest, and most diverse audience in its history. TIME's in-depth reporting continues to shape global conversations across every sector, with journalists covering critical issues worldwide and historically providing extensive coverage of France—including exclusive interviews with President Emmanuel Macron, football star Kylian Mbappé, chef Mory Sacko, and cover stories on the effort to clean up the Seine, restore Notre Dame and more.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
32 minutes ago
- Yahoo
UK's biggest advertising group loses £1.3bn Mars contract to French rival
Britain's biggest advertising company has suffered a fresh setback after losing a $1.7bn (£1.3bn) Mars contract to a French rival. Mars, which also owns M&Ms, Snickers and Whiskas cat food, has appointed Paris-based Publicis to lead its global media account after kicking off a review late last year. The move deals a major blow to WPP, which has held the lucrative contract since 2018. It is the latest in a string of major client losses for the London advertising giant, which lost its $700m North America Coca-Cola account to Publicis in March. Publicis, which owns Saatchi & Saatchi and Leo Burnett, last year leapfrogged WPP as the world's largest advertising group by revenues, while the British company is facing added pressure as two other rivals – Omnicom and Interpublic – prepare to merge. It also comes days after WPP announced the departure of Mark Read as chief executive. Mr Read, who has worked at the company for more than three decades and served as chief executive since 2018, will step down at the end of the year. The Mars contract covers the US company's media offering, as well as production, social media, influencer marketing and commerce capabilities across 70 markets worldwide. WPP agency T&P will retain the creative account for Mars food and nutrition. Arthur Sadoun, the chief executive of Publicis, said: 'We are delighted to reinvent the consumer business playbook with Mars, rekindling our longstanding partnership as we embark on this significant growth transformation journey.' The account loss underscores difficulties at WPP, which has suffered a sharp slowdown in growth and seen its share price halve under Mr Read's tenure. While Mr Read has succeeded in slimming down the group's sprawling network of agencies, WPP has struggled to compete as tech giants such as Google and Meta have taken an increasingly large chunk of the advertising market. Advertising agencies are also facing a fresh threat from artificial intelligence (AI), which has made it easier to automate much of the work traditionally carried out by creative agencies. Mr Read has sought to embrace the shift, snapping up AI company Satalia in 2021, and pledging to invest £300m in the technology. However, investors have been unconvinced by the move and WPP has slipped behind its rivals. The search for Mr Read's successor will be led by Philip Jansen, the former BT chief executive who took over as WPP chairman at the beginning of this year. In a statement earlier this week, Mr Jansen said Mr Read had 'played a central role in transforming the company into a world leader in modern marketing services'. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
How has wealth inequality changed across Europe since the 2008 crisis?
The richest 10% in the eurozone held 57.3% of total net household wealth in the final quarter of 2024. This is 2.8 percentage points higher than in the same period of 2009, when their share was 54.5%, according to the European Central Bank (ECB). Wealth inequality has increased in some parts of Europe while declining in others in the period from 2008 to 2023, according to UBS's Global Wealth Report 2024. The report notes that wealth inequality has generally risen in most of Eastern Europe, while the data for Western Europe is 'extremely mixed'. So, which European countries have seen the greatest increases or decreases in inequality since the 2008 financial crisis? And which countries in Europe have the highest disparities between rich and poor? UBS's report covers 12 European countries and uses the Gini coefficient as the primary measure of inequality. A higher Gini coefficient indicates greater wealth inequality, with 0 representing perfect equality. Net worth — or 'wealth' — is defined as the total value of a household's financial and real assets (primarily housing), minus its debts. In 2023, the Wealth Inequality Gini Index ranged from 46 in Belgium to 75 in Sweden, among the 12 European countries covered. Sweden recorded the highest level of wealth inequality by far, followed by Germany (68), Switzerland (67), and Austria (65). Belgium stood out with the lowest Gini score of 46, indicating the highest level of equal wealth distribution in the list. It was a clear outlier, as the closest countries — Italy and Spain — both had significantly higher scores of 57. France and the UK — two of Europe's major economies — both fall below the 12-country average Gini index of 62.1, with scores of 59 and 61 respectively. Among the Nordic countries, Denmark (62) and Finland (64) were around the average, as was the Netherlands (64). Looking at the change in the Gini Index between 2008 and 2023, Finland recorded the highest increase, rising by 21%, from 53 to 64. Spain followed closely, with a 20% increase, from 47 to 57. Italy also saw a notable rise of around 15%, going from 50 to 57, while Denmark's index increased by 11%, from 56 to 62. According to the UBS report, wealth inequality also increased in the UK by roughly 8% and in France by 5% between 2008 and 2023. Sweden, which had the highest Gini Index among the countries examined, saw only a slight rise of 1% during this period. Wealth inequality declined in five out of the 12 countries examined. Belgium saw the largest drop, with an 11% decrease in its Gini Index—from 51 to 46. Germany, Austria, and Switzerland each recorded a roughly 5% decline, while the Netherlands saw a 4% reduction over the same period. Veli-Matti Törmälehto, a senior researcher at Statistics Finland, noted that surveys carried out by his own organisation also indicate a rise in wealth inequality. 'In general, the increase in wealth inequality in Finland can be attributed to a shift from real assets towards financial assets in households' average portfolio,' Törmälehto told Euronews Business. 'The role of housing wealth has been important, with weak and even declining housing prices and uneven regional patterns, as well as declining homeownership rate.' He also noted that financial wealth has continued to grow, which contributes to rising inequality, as these assets are heavily concentrated among the wealthiest households. According to Statistics Finland, the share of total wealth held by the wealthiest 10% of households increased from 43.9% in 2009 to 51.8% in 2023. Related Billionaire wealth surges as Oxfam predicts five trillionaires in decade Where are Europe's top tax havens - and how are they luring in the rich? Arthur Apostel, a researcher at Ghent University, pointed out that an ECB study shows a slight decline in Belgium's wealth inequality — from 0.71 in 2010 to 0.69 in 2023 —representing a 2.8% decrease. This differs from what the UBS report claims. Apostel argued that there is insufficient evidence to confidently conclude that wealth inequality in Belgium has meaningfully decreased in recent years. According to the Distributional Wealth Accounts (DWA), the share of net wealth held by the top 5% in Belgium declined from 49.3% in 2010 to 44.8% in 2023. Both Apostel and Törmälehto recommend caution when using UBS figures, especially for cross-country comparisons, as the report relies on estimates drawn from a mix of micro- and macro-level data. Gini Index scores may not clearly show how unequally wealth is distributed, partly because they're not very sensitive to the extremes. But wealth shares held by top percentiles provide a more detailed picture. While this breakdown is not included in the 2024 UBS report, it is available in the 2023 edition, which presents data from 2022. In 2022, the richest 10% of households in Sweden held 74.4% of total wealth, while in Belgium they held just 43.5%. These two countries had the highest and lowest wealth inequality Gini Index scores, respectively, among the 12 countries included in 2023. The top 10% of households held 63% of total wealth in Germany and 62.5% in Switzerland— placing both countries just behind Sweden in both the Gini Index and the share of wealth held by the top 10%. While the rankings of some countries shift slightly when looking at the top 5% or top 1% of wealth holders, the overall trends in wealth distribution remain consistent. The report emphasised that changes in inequality alone don't necessarily indicate whether people are better or worse off in different countries. It suggests that absolute wealth levels also need to be taken into consideration 'in order to paint a comprehensive picture of a society's wealth profile'. In other words, it's also important to look at how much wealth people have, as well as how it is divided.
Yahoo
an hour ago
- Yahoo
Morning Bid: Friday 13th brings explosions in Tehran, race to safe havens
A look at the day ahead in European and global markets from Rocky Swift It had to be Friday the 13th, right? The morning began with explosions in Tehran that appeared to be much more serious than tit-for-tat strikes between Israel and Iran last year. Though a preemptive strike by Israel on Iran's budding nuclear capability had been suspected, the timing and severity still took markets by surprise, with oil prices jumping over 11% at one point. What remains unclear is what role or knowledge the United States had about the offensive and what will Washington do if Iran retaliates. Secretary of State Marco Rubio said the U.S. was not involved, while Israel's state broadcaster said Washington had been notified before the strikes. Steve Witkoff, President Donald Trump's special envoy to the Middle East, had been expected to meet Iran's foreign minister in Oman on Sunday. Oil's jump put it on course for the sharpest daily gain in more than five years. Gold and Treasuries surged in Asian trading, while stock futures pointed to roughly 1.5% declines in Europe and U.S. Britain's FTSE was down less than 0.5% in the futures market. With rubber bullets flying in Los Angeles and missiles dropping in Tehran, global economies are clearly prioritising guns over butter. Major defence contractors in Europe such as Britain's BAE Systems, France's Dassault Aviation, and Sweden's Saab AB may be active today. Key developments that could influence markets on Friday: - German, French final CPI readings for May - Euro zone trade balance, industrial production data for April Trying to keep up with the latest tariff news? Our new daily news digest offers a rundown of the top market-moving headlines impacting global trade. Sign up for Tariff Watch here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data