PARIS An economic support package being readied to help the European Union recover from the coronavirus crisis may need be to worth around 1.6 trillion euros ($1.7 trillion), the EU's industry chief Thierry Breton said on Tuesday.
PARIS Airbus boosted its liquidity with a 15 billion euro ($16 billion) expanded credit facility on Monday while suspending its 2020 outlook in response to the coronavirus crisis that has grounded much of the global airlines fleet.
PARIS Debt-laden French retailer Casino has agreed to sell 567 Leader Price stores in France, plus three warehouses, to German discount rival Aldi in a deal with an enterprise value of 735 million euros ($792 million), it said on Friday.
PARIS Huawei will build a factory in France regardless of the government's decision on whether to use its equipment in a new 5G network, an executive at the Chinese telecoms giant said. | Video
PARIS French insurer AXA lowered its 2020 profit guidance for its companies-focused XL unit and named a new boss for the division, as it stepped up measures to reduce exposure to risks stemming from natural disasters that become more frequent.
* Shares slide 3%, other insurers also fall
(Updates with share price reaction, CEO, analyst quotes)
PARIS BNP Paribas SA on Wednesday cut its target for profitability this year and warned revenue from its retail networks in Europe could decline due to low interest rates, although fourth-quarter earnings came in ahead of estimates.
PARIS French energy workers protesting against President Emmanuel Macron's pension reform plans cut power to Paris' wholesale food market on Tuesday in the latest of a series of sabotage and wildcat actions as a weeks-long transport strike loses momentum.
PARIS, Oct 24 Rothschild, the historic banking
firm whose alumni include French President Emmanuel Macron, on
Thursday struck its second British takeover deal in a few
months, with the acquisition of boutique financial advisory firm