French court approves Kazakh tycoon Ablyazov's extradition to Russia


LYON France - A French appeals court approved on Friday the extradition from France to Russia or Ukraine of jailed Kazakh tycoon Mukhtar Ablyazov, accused of embezzling up to $6 billion (3.73 billion pound) from his former bank BTA.


Stagnating euro zone seeks German shift 24 Oct 2014

BRUSSELS - France and Italy sought on Friday to bridge stark differences with Germany over how to avert economic stagnation and deflation, but Chancellor Angela Merkel warned her peers against repeating the euro zone's debt crisis.


France can do more to rein in spending - central bank chief 24 Oct 2014

PARIS - France could make more budget savings next year than planned, but should concentrate on achieving those already in the works, the central bank governor said on Friday.


Outgoing Thales CEO says new focus to hold as orders rise 23 Oct 2014

PARIS - The outgoing head of France's Thales sought to reassure investors that a new global focus at the aerospace and defence group was irreversible, as he unveiled his last quarterly figures containing a boost from developing economies.

Merkel to Hollande: budget rigour, growth go together 23 Oct 2014

BRUSSELS - Germany and France both called for economic growth to be at the heart of the euro zone's budget strategy on Thursday but German Chancellor Angela Merkel warned against returning to the pre-crisis days of high spending to try to revive the economy.


Safran shares rise on third-quarter revenues, confident outlook 23 Oct 2014

PARIS - France's Safran posted solid third-quarter sales and said it would easily meet 2014 profit forecasts on Thursday, pushing its shares up as aerospace investors put aside recent concerns over the economy.


French business slump deepens as firms slash prices - PMI 23 Oct 2014

PARIS - France's business downturn deteriorated in October to an eight-month low as firms cut prices at the fastest rate since the global financial crisis in the face of weak demand, a survey showed on Thursday.


France does the splits on EU economic governance 22 Oct 2014

PARIS - France has long called for a European economic government to harmonise the bloc's policies, but it is baulking now at that governance being applied to its own fiscal indiscipline.


Air France KLM, Delta, Alitalia offer concessions to settle EU probe 21 Oct 2014

BRUSSELS - Skyteam alliance partners Air France KLM , Delta Air Lines and Alitalia have offered to give up slots at three airports and made other concessions to try to settle an EU antitrust investigation, the European Commission said on Tuesday.


Germany, France to seek deal on investment, reforms 20 Oct 2014

BERLIN - Germany and France sought to paper over deep differences about how to bolster a faltering European economy, promising on Monday to unveil joint proposals on strengthening investment and competitiveness by early December. | Video