Alcatel-Lucent to Cut 336 Jobs in France The New York Times | BERLIN — Alcatel-Lucent, the French maker of telephone network equipment, said Thursday that it planned to cut 3.4 percent of its workforce in France by the end of the year as part of what it described as a periodic review of its personnel needs. | Simon Poulter, a spokesman for the company,...
LVMH co Sephora set for India foray The Times Of India LVMH co Sephora set for India foray | Email this articlePrint this articleTweetThe author has posted comments on this articleSamidha Sharma & Boby Kurian, TNN | Jan 23, 2012, 05.11AM IST MUMBAI: French luxury goods conglomerate Moet Hennessy Louis Vuitton SA (LVMH) is likely to clinch a multi-br...
France: Ex-head of breast implant firm charged Fresno Bee | MARSEILLE, France -- French authorities have filed preliminary charges against the former head of a now-defunct company accused of supplying potentially faulty breast implants affecting thousands of women. | A judge in the southeastern city of Mars...
BNP Paribas Said to Be Selling $11 Billion of Loans The New York Times | LONDON — The French bank BNP Paribas is looking to sell up to $11 billion of loans to oil and gas companies in an effort to reduce its loan book in the United States, according to people briefed on the matter. | BNP Paribas, France’s larges...
Twitter faces censorship charges France24 | AFP - Twitter, championed as a tool of free expression during the Arab Spring, was facing censorship charges on Friday after announcing it can now block tweets on a country-by-country basis if legally required to do so. | San Francisco-based Twitte...
Switzerland must keep both refineries open The Guardian * Pump prices likely to rise after Cressier closure * Other import routes already congested * Sees no immediate need to use emergency stocks By Emma Farge GENEVA, Jan 27 (Reuters) - The closure of the Petroplus refinery in Switzerland is likely to ra...
S&P downgrades Eurozone bailout fund to AA+ The Los Angeles Times BRUSSELS — Rating company Standard & Poor's said Monday that it has downgraded the creditworthiness of the Eurozone's rescue fund one notch to AA+, putting the fund's abi...
World stocks mixed after Europe credit downgrades my SA | BANGKOK (AP) — World stocks were mixed Monday after a ratings downgrade rattled Europe and crucial talks aimed at nudging Greece toward solvency were mired in disagreement. | B...
UPDATE 1-Swiss group Klesch eyes Petroplus assets The Guardian (Adds details, background, more comment) * Klesch eyeing assets in Europe, U.S. * Investor has positive long-term outlook on industry * More refineries in Atlantic Basin come under pressure By Martin de Sa'Pinto and Zaida Espana ZURICH/LONDON, Jan 27...
Perfume giants fined 40 mn euros for price fixing France24 | AFP - A French court has fined perfume giants including Chanel, Christian Dior and L'Oreal a total of 40 million euros ($53 million) for colluding to keep prices high. | A Paris appeals court upheld the fine imposed in 2006 by the French competitio...
Perfume giants fined 40 mn euros for price fixing Breitbart | A French court has fined perfume giants including Chanel, Christian Dior an... | A French court has fined perfume giants including Chanel, Christian Dior and L'Oreal a total of 40 million euros ($53 million) for colluding to keep prices high. | A P...
Cameron takes shot at European Union's 'mad' taxes Sydney Morning Herald | THE British Prime Minister, David Cameron, has launched an attack on Europe for failing to deal with its ''perilous'' financial crisis, as he warned the euro lacked the qualities of a successful single currency. | He risked fuelling tensions with F...
Goldman Makes Money for the Romneys The New York Times | After a long, controversial wait, Mitt Romney released details of his federal tax returns on Tuesday, inciting a flurry of wide-eyed analysis from those curious to see exactly how Mr. Romney’s personal finances stack up. | DealBook perked up when it saw that many of the assets described in Mr. Romney’s returns were held in blind trust...