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Breaking News Fri, 27 Jan 2012
View of telecom equipment maker Alcatel-Lucent building in Velizy, outside Paris,jsa1
(photo: AP / Jacques Brinon)
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,...
 A genuine Louis Vuitton purse from its new line.-  LVMH- fashion- am1
(photo: Public Domain)
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...
Wells Fargo Center at Sunset
Creative Commons / refractor
Wells Fargo profit jumps 20 percent as deposits rise, mortgage business strengthens
Star Tribune
| NEW YORK - A steadier mortgage business, higher commercial lending and an increase in deposits lifted Wells Fargo & Co.'s fourth-quarter profit by 20 percent. | The San Francisco...
In this Sept. 2, 2009 file picture the Euro sculpture is see in front of the European Central Bank ECB in Frankfurt, central Germany.
AP / Michael Probst, File
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...
Mazda MX-5 20th Anniversary.JPG
Creative Commons / Thomas doerfer
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...
Money
Goldman Sachs chairman and chief executive officer Lloyd Blankfein sits down to testify before the Senate Subcommittee on Investigations hearing on Wall Street investment banks and the financial crisis on Capitol Hill in Washington, Tuesday, April 27, 2010.
(photo: AP / Susan Walsh)
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...



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