Peter Dixon, senior economist at Commerzbank Securities, discusses the latest euro zone flash composite PMI data and says it shows "significant regional differences".» Read More
French state-owned power giant Electricite de France on Wednesday reported a 15% rise in full-year revenue in 2006, due to higher electricity prices throughout Europe.
Dynamic passenger traffic helped Air France-KLM triple its net profit in its third quarter despite a rising fuel bill, the world's largest airline by revenue said Wednesday, confirming its outlook for the fiscal year ending March 31.
Sanofi-Aventis posted higher-than-expected fourth-quarter current operating profit, despite healthcare savings in Europe as well as generic rivalry, and the drugmaker predicted more growth for 2007.
Alcatel-Lucent on Friday said it would cut about 12,500 jobs over three years, more than previously announced, as it reported a fourth-quarter net loss and forecast a drop in first-quarter revenues.
France's Defense Ministry said Friday it awarded a 7.9 billion euro ($10.4 billion) contract for nuclear-propelled submarines to state-owned warship builder DCN and nuclear energy group Areva.