MY USTI.NET News: French business news

MY USTI.NET News: French business newsCopyright (c) 2007 USTINET Corporation. All rights reserved.http://news.usti.net/French business newsen-usSun, 02 Nov 2008 05:13:12 GMT2880MY USTI.NET News12336http://news.usti.net/http://rss.usti.net/xml_news.gif Chrysler talks with Renault-Nissan offhttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/cy/Uus-chrysler.RA_q_IN2.htmlwed/cy/Uus-chrysler.RA_q_IN2.html1225602302Sun, 02 Nov 2008 05:05:02 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/cy/Uus-chrysler.RA_q_IN2.html"></a>DETROIT, Nov. 2 (UPI) -- Cerberus Capital Management LP, owner of Chrysler, has halted talks on a possible partial acquisition by Renault-Nissan, The Detroit News reports. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/cy/Uus-chrysler.RA_q_IN2.html">Chrysler talks with Renault-Nissan off</a> DETROIT, Nov. 2 (UPI) -- Cerberus Capital Management LP, owner of Chrysler, has halted talks on a possible partial acquisition by Renault-Nissan, The Detroit News reports. (UPI) Renault-Nisan moves in on Chrysler-GMhttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/dp/Uus-chrysler-nisan.RSd9_IOM.htmlwed/dp/Uus-chrysler-nisan.RSd9_IOM.html1224708888Wed, 22 Oct 2008 20:54:48 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/dp/Uus-chrysler-nisan.RSd9_IOM.html"></a>DETROIT, Oct. 22 (UPI) -- The French and Japanese Renault-Nissan alliance has proposed purchasing around 20 percent of Chrysler LLC, sources said. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/dp/Uus-chrysler-nisan.RSd9_IOM.html">Renault-Nisan moves in on Chrysler-GM</a> DETROIT, Oct. 22 (UPI) -- The French and Japanese Renault-Nissan alliance has proposed purchasing around 20 percent of Chrysler LLC, sources said. (UPI) Ireland's deposit guarantee causes stirhttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/dm/Ufrance-banks.R2RS_IO1.htmlwed/dm/Ufrance-banks.R2RS_IO1.html1222902888Wed, 01 Oct 2008 23:14:48 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/dm/Ufrance-banks.R2RS_IO1.html"></a>DUBLIN, Ireland, Oct. 1 (UPI) -- Ireland's move to guarantee all national bank deposits has other European countries scrambling to level the financial playing field. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/dm/Ufrance-banks.R2RS_IO1.html">Ireland's deposit guarantee causes stir</a> DUBLIN, Ireland, Oct. 1 (UPI) -- Ireland's move to guarantee all national bank deposits has other European countries scrambling to level the financial playing field. (UPI) Hybrids to be hot at Paris auto showhttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/bv/Ufrance-autoshow.RlVb_ISS.htmlwed/bv/Ufrance-autoshow.RlVb_ISS.html1222646091Sun, 28 Sep 2008 23:54:51 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bv/Ufrance-autoshow.RlVb_ISS.html"></a>PARIS, Sept. 28 (UPI) -- Hybrid automobiles for a world rocked by wallet-emptying gas prices will be front and center at the 2008 Paris auto show, a trade publication reported Sunday. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bv/Ufrance-autoshow.RlVb_ISS.html">Hybrids to be hot at Paris auto show</a> PARIS, Sept. 28 (UPI) -- Hybrid automobiles for a world rocked by wallet-emptying gas prices will be front and center at the 2008 Paris auto show, a trade publication reported Sunday. (UPI) Police back Societe Generale executiveshttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/cv/Ufrance-societegenerale.RPSo_Ia3.htmlwed/cv/Ufrance-societegenerale.RPSo_Ia3.html1217786693Sun, 03 Aug 2008 18:04:53 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/cv/Ufrance-societegenerale.RPSo_Ia3.html"></a>PARIS, Aug. 3 (UPI) -- A French police report backs assertions by Societe Generale bankers they knew nothing of the massive risky investments by trader Jerome Kerviel, sources say. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/cv/Ufrance-societegenerale.RPSo_Ia3.html">Police back Societe Generale executives</a> PARIS, Aug. 3 (UPI) -- A French police report backs assertions by Societe Generale bankers they knew nothing of the massive risky investments by trader Jerome Kerviel, sources say. (UPI) U.S. lawyers courting French plaintiffshttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/ah/Ufrance-societegenerale.RTDI_IlV.htmlwed/ah/Ufrance-societegenerale.RTDI_IlV.html1217516729Thu, 31 Jul 2008 15:05:29 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/ah/Ufrance-societegenerale.RTDI_IlV.html"></a>PARIS, July 31 (UPI) -- A federal court in New York is pondering the question of whether or not to allow French citizens to join a U.S. class action lawsuit. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/ah/Ufrance-societegenerale.RTDI_IlV.html">U.S. lawyers courting French plaintiffs</a> PARIS, July 31 (UPI) -- A federal court in New York is pondering the question of whether or not to allow French citizens to join a U.S. class action lawsuit. (UPI) Alcatel-Lucent sheds three top execshttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/be/Ufrance-alcatellucent.Rl2f_IlT.htmlwed/be/Ufrance-alcatellucent.Rl2f_IlT.html1217336698Tue, 29 Jul 2008 13:04:58 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/be/Ufrance-alcatellucent.Rl2f_IlT.html"></a>PARIS, July 29 (UPI) -- Technology equipment giant Alcatel-Lucent said three top executives would depart the Paris company in the wake of a second-quarter loss of $1.7 billion. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/be/Ufrance-alcatellucent.Rl2f_IlT.html">Alcatel-Lucent sheds three top execs</a> PARIS, July 29 (UPI) -- Technology equipment giant Alcatel-Lucent said three top executives would depart the Paris company in the wake of a second-quarter loss of $1.7 billion. (UPI) French pass sweeping economic reformshttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/bq/Ufrance-reforms.R9K8_IlP.htmlwed/bq/Ufrance-reforms.R9K8_IlP.html1216992287Fri, 25 Jul 2008 13:24:47 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bq/Ufrance-reforms.R9K8_IlP.html"></a>PARIS, July 25 (UPI) -- Economic reforms passed in France will add 0.3 percentage points of annual growth to the country's economy, the government said. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bq/Ufrance-reforms.R9K8_IlP.html">French pass sweeping economic reforms</a> PARIS, July 25 (UPI) -- Economic reforms passed in France will add 0.3 percentage points of annual growth to the country's economy, the government said. (UPI) Renault to mass-produce plug-in carshttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/ds/Ufrance-renault.RnfU_Il5.htmlwed/ds/Ufrance-renault.RnfU_Il5.html1215458761Mon, 07 Jul 2008 19:26:01 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/ds/Ufrance-renault.RnfU_Il5.html"></a>AIX-EN-PROVENCE, France, July 5 (UPI) -- Renault, in response to soaring gas prices, plans to mass-produce electric cars, the French automaker's chief executive said Saturday. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/ds/Ufrance-renault.RnfU_Il5.html">Renault to mass-produce plug-in cars</a> AIX-EN-PROVENCE, France, July 5 (UPI) -- Renault, in response to soaring gas prices, plans to mass-produce electric cars, the French automaker's chief executive said Saturday. (UPI) Door flung open on Internet domain nameshttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/aj/Ufrance-domains.RgFN_IuQ.htmlwed/aj/Ufrance-domains.RgFN_IuQ.html1214513688Thu, 26 Jun 2008 20:54:48 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/aj/Ufrance-domains.RgFN_IuQ.html"></a>PARIS, June 26 (UPI) -- Internet regulators in Paris who oversee online addresses accepted a plan that would open the door to untold numbers of new URLs, the regulators said. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/aj/Ufrance-domains.RgFN_IuQ.html">Door flung open on Internet domain names</a> PARIS, June 26 (UPI) -- Internet regulators in Paris who oversee online addresses accepted a plan that would open the door to untold numbers of new URLs, the regulators said. (UPI) French government relaxes wine lawshttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/bc/Ufrance-winerules.RGp0_IyU.htmlwed/bc/Ufrance-winerules.RGp0_IyU.html1212170699Fri, 30 May 2008 18:04:59 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bc/Ufrance-winerules.RGp0_IyU.html"></a>PARIS, May 30 (UPI) -- The French government at the highest level has opened the door for French wine makers to market so-called "mid-quality" wines, the Agriculture Ministry said. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bc/Ufrance-winerules.RGp0_IyU.html">French government relaxes wine laws</a> PARIS, May 30 (UPI) -- The French government at the highest level has opened the door for French wine makers to market so-called "mid-quality" wines, the Agriculture Ministry said. (UPI) Bank blames managers in rogue trading casehttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/ay/Ufrance-societegenerale.RtKi_IyN.htmlwed/ay/Ufrance-societegenerale.RtKi_IyN.html1211546689Fri, 23 May 2008 12:44:49 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/ay/Ufrance-societegenerale.RtKi_IyN.html"></a>PARIS, May 23 (UPI) -- Managers at French bank Societe Generale failed to act to stop the biggest trading fraud in history, an internal bank report said. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/ay/Ufrance-societegenerale.RtKi_IyN.html">Bank blames managers in rogue trading case</a> PARIS, May 23 (UPI) -- Managers at French bank Societe Generale failed to act to stop the biggest trading fraud in history, an internal bank report said. (UPI) IEA: Biofuels a 'critical' energy sourcehttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/bw/Uiea-biofuels.RbO4_IAQ.htmlwed/bw/Uiea-biofuels.RbO4_IAQ.html1209234013Sat, 26 Apr 2008 18:20:13 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bw/Uiea-biofuels.RbO4_IAQ.html"></a>PARIS, April 26 (UPI) -- Biofuels are critical to meeting current and future fuel demand despite their possible role in driving up food prices, the International Energy Agency says. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bw/Uiea-biofuels.RbO4_IAQ.html">IEA: Biofuels a 'critical' energy source</a> PARIS, April 26 (UPI) -- Biofuels are critical to meeting current and future fuel demand despite their possible role in driving up food prices, the International Energy Agency says. (UPI) EADS execs accused of market violationshttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/ca/Ufrance-airbus.RyRF_IA1.htmlwed/ca/Ufrance-airbus.RyRF_IA1.html1207060222Tue, 01 Apr 2008 14:30:22 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/ca/Ufrance-airbus.RyRF_IA1.html"></a>PARIS, April 1 (UPI) -- French market authorities said Tuesday they filed a complaint against European Aeronautics, Defense and Space executives for alleged insider trading violations. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/ca/Ufrance-airbus.RyRF_IA1.html">EADS execs accused of market violations</a> PARIS, April 1 (UPI) -- French market authorities said Tuesday they filed a complaint against European Aeronautics, Defense and Space executives for alleged insider trading violations. (UPI) Alitalia purchase offer provokes alarmhttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/bo/Ufrance-alitalia.RzTO_IMI.htmlwed/bo/Ufrance-alitalia.RzTO_IMI.html1205854815Tue, 18 Mar 2008 15:40:15 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bo/Ufrance-alitalia.RzTO_IMI.html"></a>PARIS, March 18 (UPI) -- Union officials and politicians Monday denounced Air France KLM's bargain basement offer to take over Italian airline Alitalia. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bo/Ufrance-alitalia.RzTO_IMI.html">Alitalia purchase offer provokes alarm</a> PARIS, March 18 (UPI) -- Union officials and politicians Monday denounced Air France KLM's bargain basement offer to take over Italian airline Alitalia. (UPI) Renault agrees to buy AvtoVaz stakehttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/ds/Urussia-renault.RhZB_IM1.htmlwed/ds/Urussia-renault.RhZB_IM1.html1204387610Sat, 01 Mar 2008 16:06:50 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/ds/Urussia-renault.RhZB_IM1.html"></a>MOSCOW, March 1 (UPI) -- French carmaker Renault has agreed to buy a minority stake in Russia's AvtoVaz, the company said. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/ds/Urussia-renault.RhZB_IM1.html">Renault agrees to buy AvtoVaz stake</a> MOSCOW, March 1 (UPI) -- French carmaker Renault has agreed to buy a minority stake in Russia's AvtoVaz, the company said. (UPI) Pressure builds to fire French bank execshttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/bt/Ufrance-societegenerale.RndZ_IJU.htmlwed/bt/Ufrance-societegenerale.RndZ_IJU.html1201720266Wed, 30 Jan 2008 19:11:06 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bt/Ufrance-societegenerale.RndZ_IJU.html"></a>PARIS, Jan. 30 (UPI) -- Political pressure is building for France's scandal-plagued Societe Generale bank to fire the bank's chairman and other top executives. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bt/Ufrance-societegenerale.RndZ_IJU.html">Pressure builds to fire French bank execs</a> PARIS, Jan. 30 (UPI) -- Political pressure is building for France's scandal-plagued Societe Generale bank to fire the bank's chairman and other top executives. (UPI) Losses may lead to Societe General mergerhttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/dp/Ufrance-trader.RxYl_IJS.htmlwed/dp/Ufrance-trader.RxYl_IJS.html1201531823Mon, 28 Jan 2008 14:50:23 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/dp/Ufrance-trader.RxYl_IJS.html"></a>PARIS, Jan. 28 (UPI) -- Losses of more than $70 billion from unauthorized trading may end up forcing Paris's Societe Generale bank to merge with its biggest rival. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/dp/Ufrance-trader.RxYl_IJS.html">Losses may lead to Societe General merger</a> PARIS, Jan. 28 (UPI) -- Losses of more than $70 billion from unauthorized trading may end up forcing Paris's Societe Generale bank to merge with its biggest rival. (UPI) Report: Rogue trader spurred market plungehttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/cl/Ufrance-marketplunge.RhEa_IJQ.htmlwed/cl/Ufrance-marketplunge.RhEa_IJQ.html1201364179Sat, 26 Jan 2008 16:16:19 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/cl/Ufrance-marketplunge.RhEa_IJQ.html"></a>PARIS, Jan. 26 (UPI) -- Banking analysts say the billions in losses of a rogue French trader may have helped incite the recent worldwide stock market plunge. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/cl/Ufrance-marketplunge.RhEa_IJQ.html">Report: Rogue trader spurred market plunge</a> PARIS, Jan. 26 (UPI) -- Banking analysts say the billions in losses of a rogue French trader may have helped incite the recent worldwide stock market plunge. (UPI) Trader fraud costs French bank $7.16Bhttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/cb/Ufrance-fraud.ReTk_IJO.htmlwed/cb/Ufrance-fraud.ReTk_IJO.html1201182020Thu, 24 Jan 2008 13:40:20 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/cb/Ufrance-fraud.ReTk_IJO.html"></a>PARIS, Jan. 24 (UPI) -- Societe Generale, France's second largest listed bank, said Thursday a rogue trader's "exceptional fraud" would cost it about $7.16 billion. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/cb/Ufrance-fraud.ReTk_IJO.html">Trader fraud costs French bank $7.16B</a> PARIS, Jan. 24 (UPI) -- Societe Generale, France's second largest listed bank, said Thursday a rogue trader's "exceptional fraud" would cost it about $7.16 billion. (UPI) French companies bid on U.A.E. reactorhttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/bn/Ufrance-nukes.RYIH_IJF.htmlwed/bn/Ufrance-nukes.RYIH_IJF.html1200430206Tue, 15 Jan 2008 20:50:06 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bn/Ufrance-nukes.RYIH_IJF.html"></a>PARIS, Jan. 15 (UPI) -- French energy companies are bidding for a contract to build a pair of nuclear reactors in the United Arab Emirates, it was reported Tuesday. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/bn/Ufrance-nukes.RYIH_IJF.html">French companies bid on U.A.E. reactor</a> PARIS, Jan. 15 (UPI) -- French energy companies are bidding for a contract to build a pair of nuclear reactors in the United Arab Emirates, it was reported Tuesday. (UPI) Two Libyan airlines in $4.4B Airbus dealhttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/cp/Ufrance-airbus.R7P9_HDA.htmlwed/cp/Ufrance-airbus.R7P9_HDA.html1197336610Tue, 11 Dec 2007 01:30:10 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/cp/Ufrance-airbus.R7P9_HDA.html"></a>PARIS, Dec. 10 (UPI) -- Two Libyan airlines agreed to buy 21 Airbus SAS passenger jets during a French visit by Libyan leader Moammar Gadhafi, a French official said Monday. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/cp/Ufrance-airbus.R7P9_HDA.html">Two Libyan airlines in $4.4B Airbus deal</a> PARIS, Dec. 10 (UPI) -- Two Libyan airlines agreed to buy 21 Airbus SAS passenger jets during a French visit by Libyan leader Moammar Gadhafi, a French official said Monday. (UPI) IHT, Reuters forge business-news dealhttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/by/Ufrance-iht.Rkvq_HDA.htmlwed/by/Ufrance-iht.Rkvq_HDA.html1197333645Tue, 11 Dec 2007 00:40:45 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/by/Ufrance-iht.Rkvq_HDA.html"></a>PARIS, Dec. 10 (UPI) -- The International Herald Tribune said Monday its print and Web business sections would feature news from Britain's Reuters Group PLC instead of Bloomberg LP. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/by/Ufrance-iht.Rkvq_HDA.html">IHT, Reuters forge business-news deal</a> PARIS, Dec. 10 (UPI) -- The International Herald Tribune said Monday its print and Web business sections would feature news from Britain's Reuters Group PLC instead of Bloomberg LP. (UPI) Lafarge to buy Egypt's Orascom Cementhttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/db/Ufrance-lafarge.RRD__HDA.htmlwed/db/Ufrance-lafarge.RRD__HDA.html1197314718Mon, 10 Dec 2007 19:25:18 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/db/Ufrance-lafarge.RRD__HDA.html"></a>PARIS, Dec. 10 (UPI) -- Lafarge SA, the world's biggest cement maker, said Monday it would buy the cement division of Egypt's Orascom Construction Industries SAE for $13 billion. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/db/Ufrance-lafarge.RRD__HDA.html">Lafarge to buy Egypt's Orascom Cement</a> PARIS, Dec. 10 (UPI) -- Lafarge SA, the world's biggest cement maker, said Monday it would buy the cement division of Egypt's Orascom Construction Industries SAE for $13 billion. (UPI) Alcatel-Lucent cuts 4,000 jobs after losshttp://news.usti.net/newsstory/world.europe.france.biz/2/wed/ch/Ufrance-alcatellucent.RbOJ_HOV.htmlwed/ch/Ufrance-alcatellucent.RbOJ_HOV.html1193850371Wed, 31 Oct 2007 17:06:11 GMT<a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/ch/Ufrance-alcatellucent.RbOJ_HOV.html"></a>PARIS, Oct. 31 (UPI) -- U.S.-French telecommunications-equipment giant Alcatel-Lucent SA said Wednesday it would cut 4,000 jobs after reporting a $373 million third-quarter loss. <a href="http://news.usti.net/newsstory/world.europe.france.biz/2/wed/ch/Ufrance-alcatellucent.RbOJ_HOV.html">Alcatel-Lucent cuts 4,000 jobs after loss</a> PARIS, Oct. 31 (UPI) -- U.S.-French telecommunications-equipment giant Alcatel-Lucent SA said Wednesday it would cut 4,000 jobs after reporting a $373 million third-quarter loss. (UPI)