Europe Top News and Analysis France

More

  • WASHINGTON— The Federal Reserve of New York releases its February survey of manufacturers, 8:30 a.m.. WASHINGTON— Labor Department releases the Producer Price Index for January, 8:30 a.m.; Commerce Department releases housing starts for January, 8:30 a.m.; Federal Reserve releases industrial production for January, 9:15 a.m.; Federal Reserve releases...

  • *Low oil prices lift spending less than before-CEOs. LONDON, Feb 12- Consumer companies are offering investors a small degree of relief from the turmoil in banking and resources in a results season dominated by fears about slowing economic growth. "In the context of a market that's in meltdown, the performance consumer goods has been delivering is pretty good,"...

  • PARIS— Moroccan authorities have given furniture giant Ikea the green light to open its first store in the North African kingdom after months of uncertainty. The store was due to open near Casablanca in September, but received a last-minute notice saying the company lacked the proper certificate of conformity. The Moroccan government then announced a...

  • GRAINS-Soybeans at one-week high on export hopes Friday, 12 Feb 2016 | 8:21 AM ET

    *U.S. export sales, China return boost soybean market. *Wheat traders eye Egypt tender result after ergot row. PARIS/ SINGAPORE, Feb 12- Chicago soybeans extended gains to one-week highs on Friday, as higher than expected U.S. export sales and the prospect of post-holiday demand in China boosted demand prospects.

  • Facebook nude-painting case can face trial in France Friday, 12 Feb 2016 | 7:26 AM ET

    That question is now cleared for trial in France, after an appeals court there ruled that an aggrieved user can sue the social network over the issue. "If can't see the difference between an artistic masterpiece and a pornographic image, we in France." "It's another hole in the fabric, at least in Europe, when it comes to users' rights running counter to the way these...

  • Renault reports higher earnings as sales rise Friday, 12 Feb 2016 | 4:12 AM ET

    PARIS— French car maker Renault says higher sales and further progress on its industrial turnaround plan helped drive a nearly 1 billion euro increase in its earnings last year. Europe's number three car maker says Friday it made 2.8 billion euros in 2015, up from 1.9 billion a year earlier. It forecast 2 percent market growth in Europe this year, and between 1 and...

  • Feb 11- France's largest bank BNP Paribas is pulling out of a niche U.S. energy lending business for the second time in four years after plunging oil prices dragged what was once seen as some of the safest energy loans into losses. BNP shut its reserve-based lending business in Houston last week after 13- year-low oil prices stoked concerns of rising loan...

  • President Barack Obama on Thursday called the Supreme Court's decision to delay implementation of his administration's Clean Power Plan "unusual" and expressed confidence that the White House would prevail. The Supreme Court on Tuesday delivered a blow to the plan, the centerpiece of Obama's climate change policy and backbone of his administration's...

  • President Barack Obama on Thursday called the Supreme Court's decision to delay implementation of his administration's Clean Power Plan "unusual" and expressed confidence that the White House would prevail. Obama said the Supreme Court had in fact required the Environmental Protection Agency to regulate carbon emissions under the Clean Air Act if they...

  • CHICAGO, Feb 11- U.S. soybean futures rose 1.3 percent on Thursday as the U.S. Agriculture Department's report of stronger-than-expected exports spurred a round of short-covering, traders said. "All things considered, we still have some demand," said Bill Gentry, a broker at Risk Management Commodities in Chicago. The USDA said on Thursday morning that weekly...

  • The Department of Environmental Conservation sent a letter to New Jersey- based Honeywell International and Saint-Gobain Performance Plastics, part of a Paris- based global conglomerate, demanding that they enter into binding consent orders to finance a state Superfund cleanup launched four weeks ago in Hoosick Falls, a small village on the Vermont border.

  • Treasury sanctions key Islamic State leaders Thursday, 11 Feb 2016 | 3:01 PM ET

    WASHINGTON— The Treasury Department is sanctioning three leaders of the Islamic State, including a senior oil official, who are instrumental in the group's finances and recruitment. Thursday's action is another step in the Treasury's efforts to disrupt the group's ability to profit from illicit oil sales in Iraq and Syria and hamper its access the...

  • Business events scheduled for the coming week Thursday, 11 Feb 2016 | 2:48 PM ET

    WASHINGTON— The Federal Reserve of New York releases its February survey of manufacturers, 8:30 a.m.. WASHINGTON— Labor Department releases the Producer Price Index for January, 8:30 a.m.; Commerce Department releases housing starts for January, 8:30 a.m.; Federal Reserve releases industrial production for January, 9:15 a.m.; Federal Reserve releases...

  • L'Oreal 2015 sales up across markets, net profit down Thursday, 11 Feb 2016 | 12:53 PM ET

    PARIS— Leading global cosmetics company L'Oreal saw its sales grow 12 percent last year, with increases across old and new markets despite difficulties in Brazil and global economic uncertainty. The Paris- based company reported Thursday that its net profit fell to 3.3 billion euros in 2015 from 4.9 billion euros the year before. L'Oreal said growth...

  • PARIS, Feb 11- Five small bronze statues by French 19th century sculptor Auguste Rodin will be auctioned in Paris next week, including a cast of his celebrated "The Kiss", which is estimated at 1.5 to 2 million euros. The five statues, to be sold by auction house Drouot on Tuesday, come from the collection of late French art dealer Jean de Ruaz, who bought them from the...

  • PARIS— Two top Uber executives appeared Thursday in court in charges that could send them to prison and offer the ride-hailing company one of its most serious legal challenges to date in France. But it continues to operate in France despite repeated strikes and sometimes violent tensions with taxi drivers, and is not outlawed entirely as it is in Spain and Italy.

  • Questions grow over banks as profit warnings pile up Thursday, 11 Feb 2016 | 8:48 AM ET

    PARIS— Questions are growing over the financial health of banks, particularly in Europe and the U.S., as they face a toxic mix of low economic growth, bad loans and squeezed earnings. The bank saw its share price stumble 12 percent and major rivals like Deutsche Bank and UniCredit saw losses of nearly 10 percent. In the U.S., Morgan Stanley, Citigroup and Bank of America...

  • PARIS/ SINGAPORE, Feb 11- Chicago corn futures slipped for a seventh consecutive session on Thursday as record U.S. ethanol stocks added to concerns about faltering demand and swelling grain supplies. The Chicago Board Of Trade most-active corn contract fell 0.2 percent to $3.59-1/ 2 a bushel by 1215 GMT. It was trading just above this week's low of $3.59-1/ 4, which...

  • Societe Generale shares slump on profit warning Thursday, 11 Feb 2016 | 4:55 AM ET

    PARIS— Shares in Societe Generale slumped Thursday after the French bank warned it would not achieve a targeted increase in profitability this year. Societe Generale shares tumbled at the open of the Paris stock exchange and were down 13 percent at 27.26 euros in morning trading. The warning came as the bank reported a rise in 2015 net profit to 4 billion euros.

  • UPDATE 2-Nokia leaves investors in dark over outlook Thursday, 11 Feb 2016 | 4:41 AM ET

    *Nokia warns over China slowdown. HELSINKI, Feb 11- Finnish telecom gear maker Nokia warned that demand for new mobile networks would slow this year in China and said it would not give a financial outlook until April following its acquisition of Alcatel-Lucent. Nokia CEO Rajeev Suri said the company expected market growth this year in North America, India, the...