France

Results for France

France's Slow Growth to Continue

France's economy will grow 0.2 percent in the third quarter from the second, the Bank of France said in its ...

Daily Headline - abi_admin - 08/08/2014 - 11:09 - 0 comments

Carlyle-Owned Zodiac Pool Seeks U.S. Bankruptcy Protection

Zodiac Pool Solutions SAS, the Paris-based swimming pool and spa manufacturer, filed Thursday for bankruptcy protection in the U.S. as part of its debt-restructuring effort now under way in the U.K., The Wall Street Journal reported. Formerly known a ...

Daily Headline - global.abi.org - 07/31/2014 - 19:03 - 0 comments

France's Valls Urges End To Strike At "Sinking" Ferry Group SNCM

Workers at France-Corsica ferry operator SNCM must end their strike and let the troubled company undergo a restructuring to secure its future, Prime Minister Manuel Valls said on Tuesday, Reuters reported. Loss-making SNCM, whose unions have been on stri ...

Daily Headline - global.abi.org - 07/09/2014 - 00:17 - 0 comments

France-Corsica Ferry SNCM Needs Court Protection-Minister

Troubled France-Corsica ferry operator SNCM needs to go under court protection to shield itself from a European Commission order to repay 440 million euros ($600.2 million) in state aid, France's transport minister was quoted saying, Reuters reporte ...

Daily Headline - global.abi.org - 07/06/2014 - 22:01 - 0 comments

Shift Emerges in Europe on Focus on Austerity

France and Italy, still struggling to meet the euro zone’s tough budget targets, may be gaining support for an effort to relax the rules, the International New York Times reported. The effort, backed by Socialists in the newly elected European Parlia ...

Daily Headline - global.abi.org - 06/18/2014 - 22:24 - 0 comments

Siemens and Mitsubishi Heavy Industries Nearing an Offer for Alstom

Competition to acquire the French energy equipment maker Alstom was expected to intensify on Monday, as Siemens of Germany and Mitsubishi Heavy Industries of Japan were said to be preparing to make a joint offer that could pressure General Electric to im ...

Daily Headline - global.abi.org - 06/15/2014 - 21:51 - 0 comments

Lenders Propose Takeover Of Charterhouse’s Vivarte

Lenders are preparing to take control of retailer Vivarte from Charterhouse Capital Partners, in a rare French debt-for-equity swap worth more than €2 billion, the Financial News reported. Oaktree Capital Management, Alcentra and Hayfin Capital Manag ...

Daily Headline - global.abi.org - 06/05/2014 - 00:07 - 0 comments

Hollande Says Big BNP Penalty Could Hit Europe Bank Stability

A potential $10 billion fine against BNP Paribas SA, France’s biggest bank, for violating U.S. trade sanctions could have repercussions affecting the stability of Europe’s financial sector, French President Francois Hollande warned ahead of his meeting w ...

Daily Headline - global.abi.org - 06/05/2014 - 00:07 - 0 comments

BNP Fine Stirs French Anger, Pressuring Hollande to Act

A potential $10 billion U.S. penalty against France’s largest bank BNP Paribas SA for its alleged dealings with Iran and other sanctioned nations is stirring outrage in the country. It is putting pressure on President Francois Hollande, who hosts Barack ...

Daily Headline - global.abi.org - 06/02/2014 - 21:44 - 0 comments

French Economy Comes To A Standstill In The First Quarter

today missed expectations of analysts polled by Reuters of 0.2 per cent growth. France will now need 0 ...

Daily Headline - global.abi.org - 05/15/2014 - 19:38 - 0 comments

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