S&P Global restated a negative outlook for France’s ability to repay mounting debt. Two other ratings agencies have lowered their views in recent weeks.
The countries that use the euro recorded economic expansion of 0.1 percent in the first quarter, a slight improvement over the previous quarter’s flat output.
Two French business titans, Bernard Arnault of the LVMH empire and Françoise Bettencourt-Meyers of L’Oréal, are named the world’s wealthiest man and woman.