CNBC's Stephane Pedrazzi reports on the news that a French hostage has been beheaded by the Islamic State in Algeria and France's response to the situation.» Read More
PARIS, May 7- French factories produced much less than expected in March while the country's trade deficit worsened, casting doubt on President Francois Hollande's latest predictions that the economy is finally turning around.
*Violence in Odessa spreads unrest across south. KRAMATORSK/ ODESSA, Ukraine, May 6- Both sides have been burying their dead as Ukraine slides further towards war, with supporters of Russia and of a united Ukraine each accusing the other side of tearing the country apart.
*Two years after election, Hollande says should have acted more decisively. *Radio listeners challenge him over unemployment, taxes. PARIS, May 6- France's most unpopular president in decades said on Tuesday he had some regrets and understood voters had doubts at a time of crisis- and pledged to respond by accelerating reforms to put the country back on track.
PARIS, May 6- French President Francois Hollande said General Electric's bid for Alstom's energy business is not acceptable as it stands and that the government's aim is to get better offers. Alstom said last week it was reviewing a binding $16.9 billion bid from GE for its energy arm, although it has not turned down a rival offer from Germany's Siemens.
PARIS, May 3- French Prime Minister Manuel Valls said on Saturday the euro was too strong and that President Francois Hollande would take initiatives to boost growth and employment after the May 22-25 European elections.
*Recovery appears broad-based but France weak. Growth was again led by Germany, Europe's largest economy, and previously-lagging companies in Spain and Italy reported better business last month. "Recent economic evidence remains consistent with the European Central Bank's baseline scenario which is that of a gradual recovery," said Philip Shaw at Investec.
PARIS, April 30- General Electric's overtures to the power business of France's former industrial beacon Alstom have shown again how the French state, for all its interventionist zeal, has limited room for manoeuvre against big business.
*Alstom says committee to review offer before end-May. PARIS, April 30- Cash-strapped French engineering group Alstom said on Wednesday it would explore a $16.9 billion offer from General Electric for its energy arm while leaving the door open to a rival bid from Germany's Siemens.
*Alstom says committee to review offer before end-May. *Alstom says would refocus on transport, repay debt. PARIS, April 30- Cash-strapped French engineering group Alstom said on Wednesday it would study a $16.9 billion offer from General Electric for its energy arm but left the door open for a rival bid from Germany's Siemens.
NEW YORK, April 30- The head of General Electric said on Wednesday talks with the French government on its offer for Alstom's energy assets had been "productive" and expressed confidence that the deal would go through despite a potential rival offer from Germany's Siemens.
NEW YORK, April 30- The head of General Electric said on Wednesday that talks with the French government on its offer for Alstom's energy assets had been "productive" and expressed confidence it would go through despite a potential rival offer from Germany's Siemens.
PARIS, April 30- France's Alstom said on Wednesday it would review a binding offer from General Electric for its energy business by the end of May and left the door open for a competing bid from Germany's Siemens.
*Talks not exclusive, Alstom can hold talks with Siemens. The French transport-to-turbines group is also set to receive an offer from its much larger German competitor Siemens AG, which said it had sent a letter to Alstom after its managing and supervisory boards had decided to make an offer.
PARIS/ FRANKFURT, April 29- Germany's Siemens said on Tuesday it would make an offer to French engineering group Alstom if it is given four weeks to examine its books and draw up a detailed plan to rival a move by General Electric.
*Alstom may grant Siemens 2-3 weeks to provide details. PARIS/ LONDON, April 29- Alstom is likely to give Germany's Siemens two to three weeks to draw up a detailed plan to buy the French engineering group's power business, sources close to the talks said on Tuesday.
PARIS, April 28- France said it would defend jobs and its national interest as it met suitors eyeing a breakup of engineering group Alstom on Monday and suggested it preferred Germany's Siemens over U.S. giant General Electric.
General Electric hopes that three letters - CFM - will convince French leaders to back its offer to rescue Alstom.
*Immelt hoping to convince France to back Alstom offer. *Industry experts say Alstom deal may have to be different. PARIS, April 29- As General Electric tries to convince French leaders to back its offer to rescue engineering firm Alstom, it hopes that three letters will convince them of its good will: CFM.
BERLIN, April 28- The German government voiced support on Monday for a deal between Siemens and France's Alstom, saying mooted plans for a swap of energy and rail assets could offer "great opportunities" for both countries.
PARIS, April 28- France said it would defend jobs and its national interest as it met suitors for engineering group Alstom on Monday, suggesting Germany's Siemens may have an edge over U.S. giant General Electric.