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Francois Hollande

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  • U.S.-traded shares of Argentine companies did particularly well, with telecom holding company Nortel Inversora gaining 7.7 percent to $11.10 and Petrobras Argentina, a subsidiary of Brazil's Petrobras adding 4.4 percent to its share price. The BNY Mellon index of leading Latin American ADRs gained 1.1 percent on the day.

  • *ArcelorMittal says will look to move workers to new jobs. FLORANGE, France, Oct 1- ArcelorMittal told unions it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked access to the steel plant and management offices at the site on Monday.

  • *ArcelorMittal will look to move workers to new jobs. FLORANGE, France, Oct 1- ArcelorMittal told unions it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked access to the steel plant and management offices at the site on Monday.

  • *ArcelorMittal will look to move workers to new jobs. FLORANGE, France, Oct 1- ArcelorMittal told unions it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked access to the steel plant and management offices at the site on Monday.

  • *ArcelorMittal will look to move workers to new jobs. By Vincent Kessler FLORANGE, France, Oct 1- Steelmaker ArcelorMittal.

  • French workers occupy plant as Arcelor decides fate Monday, 1 Oct 2012 | 4:45 AM ET

    FLORANGE, France, Oct 1- Workers occupied the site of two idle ArcelorMittal steel furnaces in northeastern France on Monday as management and unions met in Paris to decide the fate of a plant that has become a symbol of the country's industrial decline.

  • French President Francois Hollande

    Tax experts say the planned 75 percent tax rate on France's rich will bring in less than hoped, but still may convince the wealthy to relocate beyond the country's borders.

  • Hollande Faces Questions on Tax Pledge Friday, 7 Sep 2012 | 2:40 AM ET
    French President Francois Hollande

    President François Hollande’s socialist government was facing mounting questions on Thursday night over whether it was preparing to back down on its controversial 75 percent marginal tax rate for the rich, the Financial Times reports.

  • Protesters hold a banner during a demonstration of French car maker Peugeot PSA employees and unions against the planned layoffs and plant closing on July 25, 2012 in front of the PSA headquarters in Paris.

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  • Indigestion for 'les Riches' in a Plan for Higher Taxes Wednesday, 8 Aug 2012 | 3:23 AM ET
    France's opposition Socialist Party (PS) candidate for the 2012 French presidential election Francois Hollande gives a speech, on March 16, 2012, as part of a campaign visit in Strasbourg, eastern France. AFP PHOTO / FRED DUFOUR (Photo credit should read FRED DUFOUR/AFP/Getty Images)

    The call to Vincent Grandil’s Paris law firm began like many others that have rolled in recently. On the line was the well-paid chief executive of one of France’s most profitable companies, and he was feeling nervous.

  • Happy days are here again for the euro - for now, says this strategist.

  • Austerity Reaches the Hollande Government in France Friday, 13 Jul 2012 | 2:40 AM ET
    U.S. President Barack Obama meets with newly elected French president Francois Hollande (L) in the Oval Office on May 18, 2012 in Washington, DC.

    With his first Bastille Day approaching on Saturday, François Hollande and his government have had a good start to his presidency, impressing the French with a down-to-earth style, the New York Times reports.

  • Hollande Ready to Tackle Public Finances Monday, 2 Jul 2012 | 1:53 AM ET
    Francois Hollande, France's president, arrives for a news conference following the European Leaders (EU) summit at the European Council headquarters in Brussels, Belgium, on Thursday, May 24, 2012.

    François Hollande, fresh from his first full eurozone crisis summit, is set to turn his attention to the daunting challenge of tackling France’s own rocky public finances: with tax rises looming, it could be a tough week for French business and the better-off. The FT reports.

  • Cashin: 'Growing Optimism on Greek Vote'  Thursday, 14 Jun 2012 | 9:25 AM ET

    Art Cashin of UBS discusses what to watch in the markets today, including the upcoming Greek elections. "This is a good weekend to have lots of ice cubes on hand," says Cashin.

  • What to Look for Next in France and Greece Tuesday, 8 May 2012 | 10:48 AM ET
    April 2012The political situation in Greece is far from certain. At the brink of defaulting on its debts, under Lucas Papademos, an unelected technocrat, most Greek legislators have backed further austerity measures in return for a new €130 billion ($184 billion) bail-out by the European Union. Expected to go to the polls in late April or early May, Antonis Samaras the leader of the most popular conservative New Democracy party has promised to honour the spending cuts demanded by the euro zone g

    The outcome of Sunday’s elections in Greece and France has raised fears that the euro zone debt crisis has entered a new phase, as leaders opposed to austerity threaten to wipe out crisis-fighting measures.