French police arrested one suspect as he was reportedly attempting to activate the explosive device in Paris, with another person still on the run.
French police said they had foiled an apparent bomb attack outside a Bank of America building in Paris on Saturday.
One suspect was detained while another managed to escape.
What do we know about the failed bomb attack?
The incident took place around 03:30 a.m. (0230 GMT) outside the Bank of America building, just a few streets away from Paris’ iconic Champs-Elysees, the French AFP news agency reported.
Police spotted two men near the bank carrying a shopping bag. One of them had reportedly just placed a device, consisting of an ignition system and container full of liquid believed to be fuel, and was about to light it when he was detained. His accomplice fled the scene.
An initial assessment also found some 650 grams (23 ounces) of explosive powder in the device. The object was taken to a forensics lab for a full analysis.
Authorities probe alleged terrorism-related offenses
France’s national anti-terrorism prosecutor’s office, or PNAT, told the Associated Press news agency it launched an investigation into alleged terrorism-related offenses.
These include attempted damage by fire or by a dangerous means, the manufacture of an incendiary or explosive device, the possession and transport of such devices with the intent to prepare dangerous damage, and involvement in a terrorist criminal association.
“Well done to the rapid intervention of a Paris police prefecture unit, which made it possible to thwart a violent act of a terrorist nature overnight in Paris,” Interior Minister Laurent Nunez said in a statement on X.
“Vigilance remains at a very high level,” Nunez said. “I commend all security and intelligence forces, fully mobilized under my authority in the current international context.”