Henri Proglio, CEO of EDF, says he is very confident that the group will beat expectations in 2014.» Read More
MOSCOW/ STRASBOURG, July 31- The European Court of Human Rights awarded shareholders in Yukos 1.9 billion euros in compensation after the former oil company argued Russia had unlawfully deprived the company of its possessions by imposing bogus taxes and a sham auction of its key asset.
PARIS— Telcommunications equipment company Alcatel-Lucent SA says its net loss narrowed in the second quarter thanks to lower accounting charges, while revenue stagnated and restructuring charges mounted.
PARIS— French drug maker Sanofi said Thursday its earnings soared in the second quarter thanks to lower accounting charges than a year earlier, and the company lifted it full-year profit forecast.
BNP Paribas' results were hit by a record U.S. fine in July, which helped tip the bank to a $5.76 billion loss in the second quarter.
PARIS, July 31- French drugmaker Sanofi raised its full-year profit forecast on Thursday along with a set of stronger than expected quarterly earnings driven by its rare disease and diabetes businesses and higher sales in emerging markets.
BAGHDAD— European airlines and a Dubai- based carrier are rerouting flights over Iraqi airspace as a security precaution amid fears that militants with the Islamic State group have weapons capable of shooting down planes, despite Iraq saying its skies are safe.
*Airbus Group says cancellations linked to overbooking. *Airbus says focusing on Dassault stake sale. PARIS, July 30- Airbus Group moved to allay concerns over a wave of order cancellations on Wednesday, sparking a rally in its shares helped by better than expected half-year results.
PARIS— European aerospace company Airbus says it expects its revenue to remain stable this year despite a big cancellation recently for some of its large A350 planes. Airbus competes fiercely with Chicago- based Boeing Co. in the global market for large civilian aircraft.
PARIS, July 30- PSA Peugeot Citroen reported a surprise surge in first-half cash flow and the first auto-division profit in three years, sending the French carmaker's shares soaring as its turnaround plan began to show results.
*Says impact of Russia sanctions on Yamal LNG uncertain. PARIS, July 30- French oil major Total stopped buying shares in Russia's Novatek when a Malaysian airliner was shot down over Ukraine, but it is still too early to gauge the impact of western sanctions against Russia, Total said.
PARIS, July 30- European stocks dipped on Wednesday, with shares in oil major Total falling on worries over its investments in Russia and after posting a drop in profits.
PARIS, July 30- Airbus Group on Wednesday reported first-half underlying operating profit up 10 percent and reaffirmed its forecasts for the year, seeking to dampen concerns among some investors about the health of the commercial jetliner market.
*Says impact on Yamal LNG of sanctions on Russia still uncertain. PARIS, July 30- Total has stopped buying shares in Russia's Novatek the day of the downing of a Malaysia Airlines flight over Ukraine, but that it is still too early to gauge the impact of new sanctions against Russia, the French oil major's top revealed with its second quarter results on Wednesday.
WASHINGTON— Citing Russia's stalled growth rate and a flow of foreign capital out of Moscow, U.S. and European officials hope a new round of sanctions targeting energy and defense entities, as well as major banks, will deepen Russia's economic pain even further and force President Vladimir Putin to end provocations in Ukraine.
Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.
*Adecco, Randstad seen benefiting from subsidies, auto sector. LONDON, July 29- Despite high unemployment, weak economic growth and complex labour laws, France is offering an unlikely glimmer of hope to beaten-down staff recruitment firms such as Adecco and Randstad.
ATHENS, Greece— Greece's next meetings with international debt inspectors will take place in Paris instead of Athens, the government said Tuesday, calling the move a sign that the country is no longer under "intense pressure" to make austerity measures.
PARIS— French carmaker Renault says its profits in the first half of the year rose, partly thanks to lower costs as its revenue dropped. The maker of the Twingo and Clio hatchbacks said Tuesday its net income rose to 749 million euros from 39 million euros a year earlier.
TOKYO, July 29- Atomic power's share of global electricity supply is at the lowest level since the 1980 s following the shutdown of Japan's reactors after the Fukushima disaster, and may fall further without major new plant construction.
WASHINGTON— Spurred to action by the downing of the Malaysian airliner, the European Union approved dramatically tougher economic sanctions Tuesday against Russia, including an arms embargo and restrictions on state-owned banks. Obama and U.S. allies also warned that Russia was building up troops and weaponry along its border with Ukraine.