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  • *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...

  • PARIS, Dec 2- A proposal to name a street after the late Apple Inc chief executive and co-founder Steve Jobs has divided the leftist city council of a Paris district. The local district mayor wants to call one of several new streets around the vast Halle Freyssinet high-tech startup hub the "Rue Steve Jobs" in honour of the U.S. inventor of the iPhone who died in 2011..

  • A sales person arranges bottles of perfume at the Chanel cosmetics section of a department store.

    Chanel warned that a train line through the flower fields near Grasse will threaten the production of its Chanel No. 5 scent.

  • PARIS/ SINGAPORE, Dec 2- Chicago wheat futures edged higher on Friday but were still set for their biggest weekly decline in three months after a six-day slide linked to swelling global supplies. Trading during the Chicago Board of Trade overnight session was subdued, in keeping with a cautious mood across financial markets as investors awaited monthly U.S....

  • VELES, Macedonia— On the second floor of a noisy sports center in the Macedonian town of Veles, a teenage purveyor of fake news cracked open his laptop and laid out his case for why lying is more lucrative than the truth. As President Barack Obama, Facebook founder Mark Zuckerberg, journalists and academics a href='...

  • France's SNCF rail network plans to build a controversial new high-speed route— and viaduct— to ease traffic congestion between Le Muy and Cannes along the busy French Riviera, one of Europe's most visited areas. In a statement, SNCF said the region is home to three of France's biggest cities and simply "cannot afford to remain isolated in an increasingly...

  • Why Hollande’s news provides a boost to conservative mainstream candidate

    Observatory of Political Radicalism Director Jean-Yves Camus reacts to French President Francois Hollande’s news that he will not seek re-election.

  • Expect severe financial shock in European sovereign bond markets: Pro

    Christopher Granville, managing director at Trusted Sources Lombard, discusses how investors should address political risk in Europe.

  • ‘Poor economic results’ weighed on Hollande’s reputation

    CEVIPOF Research Fellow, Bruno Cautrès, talks about the lack of popularity for the French president following the leader’s decision to not seek re-election.

  • ‘Extremely difficult election’ for the French Left: Pro

    CEVIPOF Research Fellow, Bruno Cautrès, talks about how French President Francois Hollande’s decision not to seek re-election will affect the upcoming election.