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Francois Hollande

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  • *Billions in aid offered to Greece. Treasury yields rose on Friday, with long-dated yields hitting a nearly nine-month high, after euro zone partners' offer to release billions in frozen aid to Greece reduced demand for safe-haven U.S. debt. The creditors laid out terms in a document handed to Greece on Thursday.

  • *EU's Tusk says "game nearly over" with Greece. *Greece faces default on Tuesday if no weekend deal. If Greece does not clinch an agreement at the weekend to unlock funds, it is set to default on an International Monetary Fund loan on Tuesday, possibly sparking a bank run, capital controls and raising doubts about its future in the euro zone.

  • Chancellor Angela Merkel and President Francois Hollande, whose countries are Athens' two biggest lenders, held a 45- minute private meeting with Tsipras before the final session of a European Union summit at which they went through details of immediate funding for Greece if it would sign the deal. It said Greece could have 15.5 billion euros in EU and IMF...

  • PARIS— France's president wants Uber's cheapest car service shut down and its vehicles seized, but Uber refuses to stop the service until a ruling by the country's top court. The standoff, and a violence-marred taxi strike that upended Paris travel, reflects larger tensions in France over how to regulate fast-moving technology and stay globally competitive...

  • BRUSSELS— The latest developments involving Greece and its bailout negotiations:. The eurozone's top official, Jeroen Dijsselbloem, says new proposals from Greece came in too late for a proper assessment during the European Union summit, which will end on Friday. A eurozone finance ministers' meeting broke up Thursday without a deal for Greece.

  • Eurozone leaders set weekend deadline for Greece Thursday, 25 Jun 2015 | 3:48 AM ET

    BRUSSELS— The bitter standoff between Greece and its international creditors was extended into the weekend, just days before Athens has to meet a crucial debt deadline which could decide whether it goes bankrupt and gets kicked out of the euro currency club. A key meeting of eurozone finance ministers broke up without agreement on Greece's rescue package on...

  • French jobless claims rise anew in May to fresh record Wednesday, 24 Jun 2015 | 12:08 PM ET

    PARIS, June 24- French jobless claims rose anew in May by a further 16,200 to reach a record high as a labour market recovery proves elusive despite an improving growth outlook in the euro zone's second-biggest economy. The Labour Ministry said the number of people registered as out of work in mainland France stood at 3,552,200 at the end of May, up 0.5 percent over...

  • Saudi Arabia, France sign billions in ship, plane deals Wednesday, 24 Jun 2015 | 10:02 AM ET

    PARIS— Saudi Arabia signed agreements worth billions of dollars on Wednesday to buy helicopters, Airbus jets and two possible nuclear reactors from France. The signing in Paris comes as Saudi Arabia is seeking to bolster its military capabilities while it is leading a coalition against extremists in neighboring Yemen. Saudi and French officials signed...

  • Bouygues CEO Martin Bouygues, who founded Bouygues Telecom, said the unit could thrive on its own and that a sale would threaten jobs and face antitrust hurdles. The dismissal of the offer from fellow billionaire Drahi appeared to end hopes of reducing the number of mobile network operators in France from four to three, and of ending a three-year old price war...

  • Bouygues CEO Martin Bouygues, who founded Bouygues Telecom, said the unit could thrive on its own and that a sale would threaten jobs and face antitrust hurdles. Bouygues shares were down 8.06 percent by 1136 GMT, Altice shares were down 7.04 percent, Numericable-SFR shares fell 9.90 percent, Iliad shares lost 6.31 percent and Orange shares were down 3.01...

  • European shares retreat as Greek and telecoms stocks drop Wednesday, 24 Jun 2015 | 6:31 AM ET

    *Shares in Numericable, Bouygues, Altice slump. *Bouygues rejects Altice offer for telecoms arm. LONDON, June 24- European stock markets gave back some of the gains made earlier in the week as doubts returned on Wednesday over Greece's debt crisis and French telecoms shares slumped after Bouygues rejected a bid.

  • PARIS— France's economy minister is heading to the U.S. on Wednesday to urge more American companies to invest in the country, as he tries to reform the rules and image of a nation with a reputation for strikes and high labor costs. The government launched this year "French tech visas" to attract young entrepreneurs from abroad willing to create start-ups in France.

  • *Shares in Numericable, Bouygues, Altice slump. *Bouygues rejects Altice offer for telecoms arm. LONDON, June 24- European stock markets were steady on Wednesday, consolidating gains made this week on expectations of a Greek debt deal, although French telecoms stocks slumped after Bouygues rejected a bid for its telecom arm.

  • *Bouygues board to meet at 1600 GMT to discuss Altice offer. *Decision seen mainly in hands of Bouygues CEO. The Bouygues board is due to meet later on Tuesday to discuss what sources said was a 10- billion-euro bid by European telecom group Altice.

  • Bouygues faces crossroads choice on telecoms business Tuesday, 23 Jun 2015 | 3:53 AM ET

    The Bouygues board will meet at 1600 GMT to discuss what sources said was a 10 billion euro bid by European telecom group Altice. Martin Bouygues has already rebuffed at least two offers for the unit in the past year and as recently as last month Bouygues insisted that Bouygues Telecom could prosper on its own. A 10 billion euro price tag would value the unit as much...

  • BRUSSELS, June 22- Greece took a step back from the abyss on Monday when it presented new reform proposals that euro zone finance ministers cautiously welcomed as a possible basis for an agreement in the coming days to avert a looming default. European stock markets and Greek assets leapt on hopes of a last-minute deal to ease a crisis that is threatening to drive...

  • *Euro zone summit to discuss Greece at 1700 GMT. BRUSSELS, June 22- Euro zone finance ministers welcomed new Greek proposals for a cash-for-reform deal on Monday but said they required detailed study and it would take several days to determine whether they can lead to an agreement to avert a default. The ministers agreed to reconvene later this week, after Greece...

  • *Euro zone summit to discuss Greece at 1700 GMT. Chancellor Angela Merkel signalled that any settlement could take days to reach and her Finance Minister Wolfgang Schaeuble said he had seen nothing new from Athens, even though Greece faces a 1.6 billion euro repayment to the IMF on June 30 which it probably cannot make without help from its creditors.

  • PARIS, June 22- A comprehensive deal with Greece allowing it to remain in the euro zone and live with its debts must be found either at a euro zone summit on Monday or in coming days, French President Francois Hollande said. "A good deal is a deal that sorts out Greece's budget issues but also provides Greece with the necessary financing and opens up a discussion about...

  • *Greece makes new offer to creditors. BRUSSELS/ ATHENS, June 22- The European Union welcomed new proposals from Greek Prime Minister Alexis Tsipras as a "good basis for progress" at talks on Monday where creditors want 11th- hour concessions to haul Athens back from the brink of bankruptcy. EU chief executive Jean-Claude Juncker's chief-of-staff spoke of a "...