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  • Russia, France close to deal on Mistrals - source Friday, 24 Apr 2015 | 10:13 AM ET

    YEREVAN, April 24- Russia and France are close to reaching an agreement for Paris to cancel a frozen contract on the sale of Mistral helicopter carriers and reimburse Moscow, a Russian source close to talks indicated on Friday. France suspended the delivery of the warships last year after the European Union decided to impose sanctions on Russia over the...

  • PARIS, April 24- Foreigners are set to take over several French blue chip firms this year and will largely do what they want with their prizes- showing the limits of new laws passed in the name of "economic patriotism." Economy Minister Emmanuel Macron spoke last month of "the determination and the ability of the state to use all weapons available to investors" to help...

  • Review: Getting your Apple Watch? Here's how to use it Friday, 24 Apr 2015 | 12:36 AM ET

    NEW YORK— Apple Watches are arriving Friday to the first group of people who had ordered one two weeks ago. Those who haven't ordered one yet will likely face a wait. Maxfield in Los Angeles is carrying the watch, along with boutique and department stores in Paris, London, Tokyo and Berlin and authorized resellers in China and Japan.

  • Renault says 1st quarter sales up 13.7 percent Thursday, 23 Apr 2015 | 12:24 PM ET

    PARIS— France's Renault says its revenue rose 13.7 percent in the first quarter as Europe's recovering car market helped offset slumps in Russia and Brazil. Renault reported revenue of 9.39 billion euros for the January-March quarter thanks to demand in Europe, where sales of its Clio and Twingo compact cars and the Captur crossover helped lift new car...

  • PARIS, April 23- French Economy Minister Emmanuel Macron has written to Renault boss Carlos Ghosn to defend the government's surprise stake increase in the carmaker and reject claims it endangers the Renault-Nissan alliance. France's stake in Renault and influence over Nissan, which is 43.4 percent- owned by the French carmaker, has long been a sensitive...

  • Study: Self-driving 'taxibots' could replace 9 in 10 cars Thursday, 23 Apr 2015 | 10:54 AM ET

    BERLIN— Transportation experts say car-congested cities could become a thing of the past, provided people are prepared to ride-share with a robot driver. A study published Thursday by the Paris- based Organization for Economic Cooperation and Development suggests that widespread use of "taxibots" could cut by 90 percent the number of cars needed to perform...

  • PARIS— Rising Asian sales and a strong U.S. dollar have helped return Pernod Ricard to growth, after a slack period the French spirits maker says it expects will come to a gradual end. The maker of Absolut vodka and Jameson Irish whiskey posted sales of 1.9 billion euros for the January through March period, with a total so far for the year of 6.5 billion euros, up 2...

  • *IBM says one of its largest partnerships with auto sector. FRANKFURT, April 22- PSA Peugeot Citroen and IBM are working together to hook cars up to the Internet, going beyond mapping and infotainment to link vehicles up to shops, service networks and urban transport grids, the companies said on Wednesday. It could also link vehicles to retailers, an IBM executive...

  • Robert Menendez told a judge Wednesday he is considering filing a motion to have the upcoming corruption trial moved out of New Jersey and possibly to Florida, where the investigation into Menendez's relationship with a longtime friend and campaign donor began. Menendez and Florida ophthalmologist Salomon Melgen, named in a 22- count indictment earlier...

  • But Reuters polls of more than 250 economists across Europe and North America show only modest upgrades to growth forecasts and a reluctance to relinquish a depressed inflation view, despite the rush of rate cuts and central bank cash that most respondents believe is far from over. Germany's DAX index has rallied more than 20 percent since the start of the year...

  • *Oil down on Yemen news. LONDON, April 22- European stocks fell on Wednesday, with a series of weak company earnings reports reversing a rally seen earlier in the week and halting the positive momentum overnight that lifted some of Asia's biggest markets to multi-year highs. Europe's FTSE EuroFirst 300 index of leading shares was down 0.3 percent, Germany's DAX...

  • BUDAPEST, Hungary— From a Budapest hilltop overlooking a panorama of central Europe, Jean-Paul Apetey reflects on how far he's come, how improbable and unexpected his journey has been— and yet how many miles he still must go. He has piloted a migrant-packed boat from Turkey to Greece even though he'd never been at sea; lost his belongings evading police during a...

  • Transport chaos as public sector strike hits Brussels Wednesday, 22 Apr 2015 | 2:22 AM ET

    BRUSSELS— Much of the transport in Europe's capital, Brussels, came to a halt Wednesday as public sector workers held a one-day strike over Belgian government austerity measures. The big Brussels Nord station was fully closed and the trains to Brussels from Paris and London were also severely affected, although those between London and Paris were running as...

  • COPENHAGEN, April 22- On Valentine's Day, two weeks after his release from prison, Omar Abdel Hamid El-Hussein walked up to a Copenhagen cafe hosting a debate on freedom of speech and sprayed it with bullets. The country was further confounded when it emerged that prison officials had warned Denmark's domestic intelligence agency that Hussein was at risk of...

  • Peugeot Citroen ramps up production in Europe Tuesday, 21 Apr 2015 | 10:56 AM ET

    PARIS— PSA Peugeot Citroen says it will raise production in Europe to meet growing demand in the region's recovering car market. Last year the carmaker, which is partly owned by China's state-owned Dongfeng Motor Corp, sold 2.9 million cars, including 1.76 million in Europe. The group makes 68 percent of its vehicles in Europe.

  • PARIS, April 21- Proxy advisory firms are threatening to block key financial resolutions at French aerospace group Safran, opening a second front in a battle between the French government and institutional investors over a new corporate law. Safran has been able to sidestep the row over "one share, one vote" at companies such as Renault because it already has a...

  • Details on the 2015 Pulitzer Prize winners Monday, 20 Apr 2015 | 5:20 PM ET

    PUBLIC SERVICE: The Post and Courier, Charleston, South Carolina. Reporters Doug Pardue, Glenn Smith, Jennifer Hawes and Natalie Caula Hauff won for the series "Till Death Do Us Part," which probed why South Carolina is among "the deadliest states in the union for women." We felt so passionate about this project and we felt so passionate about the difference it could...

  • L'Oreal reports higher first quarter sales Monday, 20 Apr 2015 | 12:48 PM ET

    PARIS— French cosmetics giant L'Oreal says it pulled in 6.44 billion euros in sales in the first quarter, 14 percent higher than a year earlier thanks to double-digit growth across its range of high-end and mass-market beauty products. The maker of Maybelline mascara and Garnier hair care products says its sales for the January-March quarter were lifted by a...

  • *Italy calls for emergency EU meeting this week. PALERMO, Italy April 19- As many as 700 migrants were feared dead on Sunday after their boat capsized in the Mediterranean, raising pressure on Europe to face down anti-immigrant bias and find money for support as turmoil in Libya and the Middle East worsens the crisis. If the death toll is confirmed, it will bring to...

  • *Italy calls for emergency EU meeting this week. PALERMO, Italy April 19- As many as 700 people were feared dead after a fishing boat packed with migrants capsized off the Libyan coast overnight in what officials said may be the Mediterranean's worst disaster as thousands flee poverty and war to Europe. Only last week, around 400 migrants were reported to have died...