Pierre Moscovici, French finance minister, says Africa is a land of opportunities and France should increase its public and private investments in the continent.» Read More
Anderson and Nicholas Kirkwood, while rival Gucci- owner Kering took a stake in young French-American designer Altuzarra. Alberto Moretti, 38, comes from the Moretti family whose Tuscan factories have been making shoes for several generations and still work for brands including Salvatore Ferragamo, Gucci, Prada and sister label Church's.
LONDON, Dec 6- The dollar rose and government borrowing costs from Japan to Germany hovered around fresh highs on Friday, on expectations of strong U.S. data that would back the case for an imminent scaling-back of Federal Reserve stimulus.
Chicago Board of Trade March wheat futures rose 0.35 percent to $6.54-1/ 4 a bushel by 1042 GMT. Wheat had posted its biggest one-day decline in more than two months on Thursday. The prospect of larger-than-expected supplies in Canada and Australia has weighed on the market this week along with weak U.S. exports.
LONDON, Dec 6- Financial markets were in a state of suspended animation on Friday as tension mounted ahead of jobs data that could make or break the case for an imminent scaling back in U.S. stimulus.
*France hosts over 200,000 posted workers, up 23 pct in a year. *France seeks tougher EU rules to prevent "social dumping". DUNKERQUE, France, Dec 6- At the northern tip of France, on the Channel coast, the country's second-biggest industrial building site buzzes with engines, cranes, and more than 1,000 workers.
*Finance minister seeks to slow London property rises. *London prices soaring, forcing locals out of the market. LONDON, Dec 5- Britain will impose a capital gains tax on foreign property investors from 2015 in a bid to allay fears that wealthy foreign buyers are inflating a London- led property bubble which is pricing locals out of the market.
The Bayswater and Alexa handbags maker generates over 60 percent of sales in the UK, and is now trying to increase its profile overseas, targeting affluent Asian shoppers in key tourist spots and hiking prices to take its brand more upmarket from a traditional position of "affordable luxury".
LONDON, Dec 5- European shares looked to be stabilising after three days of sustained selling on Thursday, as focus turned to the European Central Bank's monthly meeting for any sign it is readying further support measures.
*Exports, US freeze lift Paris wheat to near 7- month high. CHICAGO, Dec 4- U.S. soybean futures were higher on Wednesday, reversing two days of declines, on technical buying despite prospects for a huge soy harvest in South America. Chicago Board of Trade January soybeans were up 9-3/ 4 cents per bushel at $13.29-1/ 2, while December wheat was down 6-1/ 2 at $6.47-1/ 4.
*Only Germany, Austria have funds set aside for recapitalisation. BRUSSELS, Dec 4- Euro zone governments have set aside almost no money to make good on their promise to recapitalise ailing banks after a health check next year.
PARIS, Dec 4- Online video company Netflix met with the French president's staff on Tuesday to discuss a possible launch of its streaming service in Europe's third-largest market, in what would be a blow to traditional television companies.
PARIS, Dec 4- The rush to Paris's Charles-de-Gaulle airport for flights to China began on Friday, Oct. 11. "There's a big exodus to China right now," a bemused trade unionist at the Paris- based company told Reuters that weekend. It has survived two world wars and become an emblem of France.
SHANGHAI/ HONG KONG, Dec 4- China plans to roll out financial sector reforms in the Shanghai special economic zone in the next three months and most will be implemented in a year, suggesting authorities are accelerating the pace of dismantling capital account controls.
NEW YORK, Dec 3- Fear that the Federal Reserve will scale back its stimulus as the U.S. economy recovers hit world stock markets on Tuesday, with European equities falling the most since August, while safe havens such as the yen and Treasuries rose. said Gordon Charlop, managing director at Rosenblatt Securities in New York.
NEW YORK, Dec 3- Fear that the Federal Reserve will scale back its stimulus as the U.S. economy recovers hit world stock markets for a second straight day on Tuesday, with European equities falling the most since August, while Treasury prices rose modestly. said Gordon Charlop, managing director at Rosenblatt Securities in New York.
NEW YORK/ LONDON, Dec 3- Fear that the U.S. Federal Reserve will scale back its stimulus as the economy recovers drove world stock markets down for a second straight day on Tuesday, with Europe taking its worst hit since August, while Treasury prices rose modestly. said Gordon Charlop, managing director at Rosenblatt Securities in New York.
*Wheat edges higher on fresh demand for major buyers. LONDON, Dec 3- Wheat futures edged higher on Tuesday, boosted by fresh demand from major buyers Egypt and Algeria, but gains were capped by improving production prospects in Australia.
*Peugeot, Renault officials attending Iran conference. *Foreign firms hope to revive Iran production. PARIS/ DUBAI, Nov 28- Peugeot and Renault are among Western firms sending executives to an automotive conference that opens in Iran on Saturday- firing the starting gun on a more overt race for post-sanctions business.
The U.K. city of Birmingham is the fastest growing destination for Brits over the Christmas and New Year period, according to travel website Expedia.
LONDON, Nov 29- The 30- year bond boom looks to be over but fears of a dramatic sell-off next year may be overstated. Assuming it stops the whole programme by September, bond buying by the G4 central banks would be cut by some $500 billion to $1.08 trillion in 2014, according to JP Morgan.