S&P 500 Closes Lower for a Third Session; Dow Ekes Out Gain
Francois Hollande
featured
French President Francois Hollande called on Thursday afternoon for a euro zone government with its own budgetary capacity, a harmonized tax system and a president.
» Read More
More
-
*Recession, Spain bailout, elections loom next year. BRUSSELS, Dec 14- European leaders agreed on Friday t o press on with further steps to tackle t hei r debt crisis bu t German Chancellor Angela Merkel threw out a proposal to boo st risk-sharing with a fund to help eur o zone states in trouble.
-
Europe's leaders agreed to press on with further steps to shore up their finances and sustain momentum in tackling the debt crisis on Friday, a day after clinching a deal on banking supervision and approving long-delayed aid to Greece.
-
*Europe's leaders hold sixth summit of 2012. BRUSSELS, Dec 13- European leaders agreed to press on with further steps to shore up their finances and sustain momentum in tackling the debt crisis on Friday, a day af ter clinching a deal on banking su pervision and approving lon g-delayed aid to Greece.
-
BRUSSELS, Dec 14- With the pressure off after finance ministers clinched a significant agreement on a single banking supervisor, European Union leaders differed widely at a summit on Thursday over the next steps for their troubled currency union.
-
Actor Gerard Depardieu's decision to establish residency in Belgium, which does not have a wealth tax, by buying a house just over the border with France, is "pathetic" and unpatriotic, French Prime Minister Jean-Marc Ayrault said on Wednesday.
-
LONDON, Dec 13- Some hedge funds are calling it quits on one of their biggest trades of the year- shorting French government bonds.
-
*Patent office will be split among Berlin, Paris, London. BRUSSELS, Dec 10- A system that made patent registration up to 60 times more expensive in Europe than in China is being scrapped in favour of a one-size-fits-all pan-European process, EU officials said on Monday.
-
*Merkel seeks allies in northern Europe, even Britain. PARIS, Dec 10- A chill has settled over the Rhine seven months after the election of Socialist French President Francois Hollande, reshuffling the cards in Europe's perpetual power game.
-
BRUSSELS, Dec 10- A system that made patent registration up to 600 times more expensive in Europe than in China is being scrapped in favour of a one-size-fits-all pan-European process, EU officials said on Monday.
-
OSLO/ ROME, Dec 10- Prime Minister Mario Monti tried to reassure rattled financial markets on Monday that Italy would not be left adrift following his surprise decision to resign and Silvio Berlusconi's return to frontline politics.
-
ECUEILLE, France, Dec 9- Shirt manufacturer Marc Roudeillac was delighted when 48 of the 49 staff in his factory in central France voted to adapt their strict 35- hour week contracts to meet the up-and-down demand of the fashion trade.
-
Francois Henri-Pinault the CEO of luxury retail company, PPR spoke to CNBC's Maria Bartiromo about the US fiscal cliff and about the business and economic climate in France.
-
PARIS, Dec 6- France's long-term borrowing costs hit a record low at an auction on Thursday as investors favoured the relative safety of French paper despite last month's Moody's downgrade and concerns over flagging competitiveness.
-
France's Prime Minister on Thursday confirmed it would go all the way with its EDF- managed pilot reactor in northern France, after the withdrawal this week of its Italian project partner, utility Enel.
-
PARIS, Dec 6- France's long-term borrowing costs hit a record low at an auction on Thursday as investors favoured the relative safety of French paper despite last month's Moody's downgrade and concerns over flagging competitiveness.
-
*ArcelorMittal withdraws French site bid for EU-funded project. PARIS, Dec 6- A politically charged deal between the French government and ArcelorMittal to preserve jobs at an ailing steelworks looked at risk of unravelling on Thursday after the global steel giant ditched a bid to run an EU-funded project there.
-
The accord to wind down a Franco-German power-sharing pact came weeks after talks broke down to merge the group with UK arms firm BAE Systems, taking advantage of the groundwork for the failed $45 billion deal.
-
Dec. 13-14- Merkel attends summit of EU leaders in Brussels, with banking reforms in the euro zone topping the agenda. EUROPEAN UNION: Dec. 12- Meeting of all EU finance ministers in Brussels to try to reach agreement on plans for pan-EU banking supervision.
-
*No veto powers but France wants regular briefings. France and Germany have agreed to control 12 percent each of the voting rights, handing Berlin a direct stake in the Airbus parent company for the first time.
-
PARIS, Dec 5- France's top banks are taking advantage of calmer markets to return to expanding in the United States, a year after deep cuts to their investment banks saw them lose ground to rivals in the world's biggest financial market.