All we need to see an upside in Saint-Gobain is a small reversion to the mean in the French housing market, says Alex Gunz, fund manager at Heptagon Capital.» Read More
CAMBRIDGE, United States- Federal Reserve Vice Chair Stanley Fischer speaks on "Financial Sector Reform" before a Martin Feldstein Lecture event hosted by the National Bureau of Economic Research in Cambridge- 2030 GMT.
MEXICO CITY, July 9- Mexican tycoon Carlos Slim's plan to divest a chunk of his most valuable asset, phone company America Movil, could open Mexico's telecoms market as never before to rivals.
PARIS, July 9- The euro zone must work to bolster the role of its common currency in international business transactions, France's finance minister said on Wednesday, comments supported later by the head of French utility GDF Suez.
FRANKFURT/ PARIS, July 9- The European Central Bank is hoping a new round of long-term loans will be used by banks to drive down borrowing costs- a substitute for an asset-purchase scheme of its own which would avert a potentially damaging internal split. "It's also the liquidity injection, the funding substitution," he told Reuters in Paris on Wednesday.
Average scores achieved by 15- year-olds on the Program for International Student Assessment financial literacy test conducted for the Paris- based Organization for Economic Cooperation and Development:.
WASHINGTON— In an increasingly global economy, just 1 in 10 teenagers around the world is able to make some key— but complex— financial decisions, including choosing among various loans or analyzing invoices and pay slips.
BEIJING- Sixth round of the U.S.- China Strategic and Economic Dialog will be held in Beijing, China. Treasury Secretary Jacob Lew and Secretary of State John Kerry will join their respective Chinese co-chairs, Vice Premier Wang Yang and State Councilor Yang Jiechi, for the Dialog.
*Valls unveils 540 mln euros for youth jobs. PARIS, July 8- France's parliament approved a series of welfare cuts on Tuesday despite abstentions by left-wing deputies, while a major teachers' union became the third group to boycott a labour forum hosted by President Francois Hollande.
*USDA crop data confirms good Midwest growing conditions. The USDA on Monday reported that the corn crop was in the best shape for early July in 15 years and that soy crop conditions were the best in 20 years.
*Veolia, Suez margins fall as towns negotiate discounts. PARIS, July 8- Nearly five years after Paris took the management of its water supply back into its own hands, the move is inspiring other cities at home and abroad and hurting profits at private water firms Veolia and Suez Environnement.
*Amazon expected to expand food sales at home and abroad. BERLIN, July 8- Big retailers are taking a calculated hit to margins to invest in online grocery operations, in the hope they can persuade consumers to add more profitable items like clothes and computers to their orders of fruit and vegetables.
*Black Sea grain exports set to grow, intensifying export price rout. "When it comes to the grain season ex U.S. we believe this will be a strong season and we believe the same will be the case with the season ex Black Sea," said Jens Ismar, chief executive of shipping group Western Bulk.
PARIS/ SINGAPORE, July 8- Chicago soy fell for a seventh session on Tuesday to trade near its lowest in five months as near-perfect crop weather across the U.S.
PARIS, July 8- OECD sees slowing or stable growth in emerging economies flat in major developing economies with the exception of India while the outlook for most developed economies is stable and improving in the United States, the OECD said on Tuesday.
PARIS, July 8- The chief executive of French oil major Total is giving himself until the end of the year to strike oil at a big new field somewhere in the world before considering whether to change direction and cut the exploration budget.
CHARLOTTE, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, July 2014" before a luncheon hosted by the Rotary Club of Charlotte in Charlotte- 1700 GMT.
So when Academy Award-winning power-couple Charlize Theron and Sean Penn walked in to Dior's Monday show, holding hands and sat prominently on the front row, it's not only the couture gowns that dazzled guests.
PARIS, July 4- A government-hosted conference to bring workers and employers together to address record joblessness was boycotted by two unions on Monday, with the ruling Socialist Party blaming employer groups for the breakdown.
PARIS, July 4- A major French trade union is to boycott a labor summit designed to combat record unemployment and others threatened to follow suit on Monday as ruling Socialist officials accused employers of giving nothing in return for billions of euros in tax credits.
France, Germany, Britain, eastern Europe to see selloffs. PARIS, July 7- Cement makers Lafarge SA and Holcim Ltd proposed a multi-billion euro series of asset sales on Monday as they seek regulatory approval for their merger to create the world's biggest cement maker.