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Europe Top News and Analysis France

  • Euro zone private sector growth cooled in August as factory order growth hit its weakest since late 2005 and a credit squeeze in financial markets bruised service sector confidence, key data showed on Friday.

  • BNP Paribas said on Thursday it would reopen next week three investment funds it had frozen this month amid subprime volatility in a step that may help restore investor confidence, which took a hit on their suspension.

  • BNP Paribas, France's biggest listed bank, said on Thursday it will reopen three funds next week that it had frozen amid subprime volatility in a step that accelerated a slide in financial stocks.

  • French wine and spirit makers appear to be clawing their way back into the global market after years of watching foreign taste buds respond to innovative New World wines.

  • French retailer Carrefour said on Tuesday it was withdrawing from the Swiss market with the sale of its 50% stake in Swiss hypermarket operator Distributis.

  • Policymakers hailed on Monday the return of calm to financial markets, after the U.S. Federal Reserve cut the rate at which it lends to banks, and insisted that the wider economy would not be unduly harmed.

  • France's economy minister and the head of the country's biggest listed bank, BNP Paribas, met on Friday to discuss the U.S. subprime mortgage crisis, which has affected some of BNP's funds.

  • French President Nicolas Sarkozy has written a letter to German Chancellor Angela Merkel, saying that authorities must be "very vigilant" over financial market corrections, according to the letter published on Thursday.

  • Singapore Airlines, the first carrier in the world to fly the new superjumbo A380, said Thursday the first delivery of the hulking jet has been set for Oct. 15.

  • he French economy grew at a disappointing pace in the second quarter, held back by sluggish exports and stagnant business investment, official data showed on Tuesday, raising fears about the outlook for the year.

  • France's biggest listed bank, BNP Paribas, froze 1.6 billion euros ($2.2 billion) worth of funds on Thursday, citing U.S. subprime mortgage sector problems.

  • European defense and aviation group EADS said Friday it had finalized two military contracts with Libya to supply anti-tank missiles and communications systems.

  • NYSE Euronext, the world's largest stock exchange, said Thursday that second-quarter profit more than doubled as the European exchanges contributed to earnings for the first time.

  • French cement company Lafarge on Thursday reported a 17% rise in second-quarter net profit and said it is confident for the second half of the year.

  • Oil company Total said Thurdsay that second-quarter net profit was little changed as improved refinery margins failed to offset the weaker dollar.

  • France Telecom on Thursday posted a better-than-expected 1.7% rise in half-year underlying earnings helped by solid mobile sales in emerging markets.

  • Societe Generale, France's second biggest listed bank, reported a 32.7% rise in second-quarter net profit, beating forecasts as it benefited from the sale of shares in the Euronext bourse.

  • French pharmaceuticals group Sanofi-Aventis said on Wednesday second-quarter adjusted net profit fell 6.3 percent, more than analysts had expected, as generic competition and a strong euro hit sales.

  • BNP Paribas, France's biggest listed bank, reported a 20% rise in second-quarter net profit on Wednesday that beat forecasts as it benefited from record earnings at its investment bank arm.

  • Utility Suez said Tuesday that first-half sales rose 6.2%, boosted by recent acquisitions and higher gas prices.