Edition:
United States

Dominique Vidalon

Glass half empty: Italy, France seek premium wine output cut as virus hits sales

Aug 07 2020

FLORENCE/PARIS Leading producers Italy and France are looking to slash premium wine output from the upcoming harvest to shore up prices after the coronavirus pandemic hammered sales and led to a glut of stock.

Glass half empty: Italy, France seek wine output cut to prop up prices

Aug 07 2020

* French Champagne houses, growers negotiating cuts to harvest

France pours more aid as wine sector faces 'major difficulties'

Aug 05 2020

PARIS France on Wednesday stepped up financial support for wine growers faced with a deep drop in demand after lockdowns closed restaurants and bars and U.S. tariffs curbed exports.

France gives cities power to require face masks outdoors; mandate imposed in Lille

Jul 31 2020

PARIS France gave local governments the power on Friday to order the wearing of face masks in outdoor public spaces as the country fights a resurgence of COVID-19, and the northern city of Lille imposed such a mandate.

UPDATE 1-France's Vinci warns on earnings, drops interim dividend

Jul 31 2020

PARIS, July 31 France's Vinci on Friday warned its 2020 earnings would fall significantly after lockdowns meant a sharp drop in its airport and motorway concessions business in the first half.

Danone hit by lockdown squeeze on bottled water sales

Jul 30 2020

PARIS Shrinking bottled water sales during COVID-19 lockdowns drove down Danone's quarterly sales, and the company warned costs linked to the pandemic would weigh on its profit margin for the rest of the year.

UPDATE 2-Carrefour raises cost savings goal as first-half core profits rise

Jul 28 2020

* French hypermarket sales down 3.6% like for like in Q2 (Adds CEO and CFO comments from analysts call)

Peugeot CEO confident Fiat Chrysler merger is on track

Jun 25 2020

PARIS PSA Chief Executive Carlos Tavares is confident a $50 billion merger of the maker of Peugeot vehicles with Fiat Chrysler (FCA) will proceed as planned and deliver synergies of at least 3.7 billion euros ($4.2 billion).

World News

As UAE hails Israel accord, silence from Saudi Arabia

As media and people in the United Arab Emirates hailed the Gulf state's deal to normalise relations with Israel as a diplomatic victory that helps the Palestinians, silence reigned in Saudi Arabia, longtime figurehead of regional policy towards Israel.