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  • PARIS, Dec 6- The Renault-Nissan alliance is replacing its top executive in charge of combining the carmakers' engines and gearboxes, sources told Reuters, as tightening emissions regulations expose the slow pace of integration so far. Alain Raposo, global head of powertrain engineering, will be moved to an advisory role, and a successor announced this week, four...

  • PARIS, Dec 6- The Renault-Nissan alliance is replacing its top executive in charge of combining the carmakers' engines and gearboxes, sources told Reuters, as tightening emissions regulations expose the slow pace of integration so far. Alain Raposo, global head of powertrain engineering, will be moved to an advisory role, and a successor announced this week, four...

  • PARIS/ SINGAPORE, Dec 6- Chicago corn futures edged lower on Tuesday as the market took a breather after notching up its biggest one-day gain in almost eight weeks thanks to strong demand and short-covering by investors. Wheat was almost unchanged after two sessions of gains, as the market weighed up supply pressure from an expected record harvest in Australia...

  • PARIS— Paris has temporarily barred half of all cars from traveling on city streets and made public transportation free for the day as it battles a peak in pollution. To tackle what City Hall describes as an "exceptionally serious" crisis, Paris's Velib bike-share and Autolib electric cars were made free Tuesday, as well as the Paris metro and bus services.

  • A computerized rendering of what the Station F campus will look like when it opens to the public in April 2017.

    Facebook has joined a raft of major European venture capital firms and companies on the world's largest start-up campus which is based in Paris.

  • STOCKHOLM- Swedish Central Bank Deputy Governor Martin Floden will hold a speech on the effects of the negative repo rate but also on the associated risks such as household indebtedness- 0945 GMT. LONDON- Cyprus Finance Minister Harris Georgiades and European Commission mission chief for Cyprus Daniel Daco to attend Economist conference in London.

  • The soybean rally was the biggest in two weeks, with a fresh sale to China and better-than-expected weekly export inspections pushing prices above overnight highs. Chicago Board of Trade January soybean futures settled up 16 cents at $10.43-1/ 2 a bushel. The U.S. Agriculture Department on Monday morning said private exporters reported the sale of 426,000...

  • *Companies say Burkina Faso blocked development of manganese mine. DAKAR, Dec 5- Three companies belonging to Romanian-Australian businessman Frank Timis's Pan African Minerals Group are seeking $385 million from Burkina Faso via mediation, accusing it of blocking development of one of the world's biggest manganese mines. According to an arbitration...

  • PARIS— Paris' Police authority is again cracking down on the city's rocketing air pollution with a 24- hour traffic-regulating scheme that aims to halve the day's emissions from road vehicles. Police say that on Tuesday only vehicles with an even-numbered license plate will be allowed to use the roads in Paris and its nearest suburbs. The initiative is part of...

  • *Antarctica surprises after expansion in recent years. OSLO, Dec 5- Sea ice off Antarctica and in the Arctic is at record lows for this time of year after declining by twice the size of Alaska in a sign of rising global temperatures, climate scientists say. Against a trend of global warming and a steady retreat of ice at earth's northern tip, ice floating on the...

  • BRUSSELS, Dec 5- A vote by European lawmakers on an overhaul of the EU's Emissions Trading System will be postponed until Dec. 15 because major parties remain divided over how far the reforms should go, EU sources said on Monday. The European Parliament's environment committee, which had been due to vote on Thursday, has the lead on reviewing the European...

  • PARIS, Dec 5- Paris plans to build hundreds of public waste recycling stations to boost the low level of recycling in the French capital, city authorities said on Monday. Following successful testing of a recycling station in one Paris district, the city will install 40 stations in four districts by the end of the year. Similar to recycling stations seen in many...

  • SINGAPORE, Dec 5- Dublin- based AWAS has been put up for sale by its private equity owner in an auction that could value the aircraft lessor at $7 billion, including debt, and draw bids from Chinese lessors and other Asian investors, sources said. Terra Firma is working with Goldman Sachs to conduct the auction, and potential bidders have already been contacted, two...

  • PARIS, Dec 5- French department store chain Galeries Lafayette said the start of the Christmas shopping season at its main Galeries Lafayette and BHV stores in Paris was "encouraging", with footfall and revenue up over the last two weekends. Galeries Lafayette declined to comment on a report in newsletter La Lettre de L'Expansion that a fall in its revenues next...

  • PARIS, Dec 4- French voters elected Francois Hollande in 2012 on promises to fix the floundering economy. Once in office, Hollande hiked taxes on households by more than 50 billion euros- 2.5 percent of GDP- inadvertently snuffing out a nascent recovery in a move most economists now consider a mistake. Now with France having the highest tax burden in Europe at 47.9...

  • Francois Fillon delivers a speech to the media after his victory against Mayor of Bordeaux Alain Juppe in the second round of votes for the Primary Election of the right wing Les Republicains on November 27, 2016 in Paris, France.

    Believing in euro's perennity as a viable transactions currency and a store of value looks like a formidable act of faith.

  • Italian Prime Minister Matteo Renzi give a speech after the results of the referendum on constitutional reforms at Palazzo Chigi on December 5, 2016 in Rome, Italy. The result of the government referendum that could change the constitution is considered crucial for the political future of Italy and for the personal future of its Prime Minister.

    Italian PM Matteo Renzi’s defeat in a referendum over constitutional reforms is a harbinger of further uncertainty in Europe.

  • Italian 'no' vote had anti-populist element: Expert

    Jacob Kirkegaard of the Peterson Institute for International Economics discusses why the referendum in Italy failed.

  • PARIS, Dec 4- French voters elected Francois Hollande in 2012 on promises to fix the floundering economy. Once in office, Hollande hiked taxes on households by more than 50 billion euros- 2.5 percent of GDP- inadvertently snuffing out a nascent recovery in a move most economists now consider a mistake. Now with France having the highest tax burden in Europe at 47.9...

  • The two-day meeting at World Trade Organization involved a bid to agree on reducing tariffs on over 200 environment-friendly goods worth around $1 trillion in trade annually, part of a process that EU trade commissioner Cecilia Malmstrom called important "to show that trade and the environment can go hand in hand." She and several other officials said China's...