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PM’s claim that policy can be funded by reining in tax dodging and welfare spending is met with scepticism

Macron has concluded that power often tames radical parties or demonstrates their incompetence

Backers include General Catalyst, Lightspeed, Bertelsmann Investment, Cisco Systems, International Business Machines, Nvidia and Salesforce Venture.

Activists say they want to get politics out of business, but their proposals fail to gain much traction.

The automaker saw strong second-quarter profits, citing brisk vehicle sales and resilient pricing.