PARIS Remy Cointreau expects a 45-50% fall in mid-year operating profit but a strong recovery in the second half driven by China and the United States, the French spirits company said on Thursday.
PARIS French retailer Carrefour said on Tuesday it had agreed to buy food retailer Wellcome Taiwan from Asia's Dairy Farm , making it the number two player in Taiwan's convenience stores market.
PARIS France's business elite closed ranks around publishing group Lagardere on Monday with LVMH's Bernard Arnault and Vivendi's Vincent Bollore swooping in to bolster its defences against London-based hedge fund Amber Capital.
PARIS/KAMPALA Rwandan genocide suspect Felicien Kabuga, who is accused of funding militias that massacred about 800,000 people, was arrested on Saturday near Paris after 26 years on the run, the French justice ministry said. | Video
PARIS France's death toll from the coronavirus rose by 348 to 26,991 on Tuesday, overtaking Spain to become the country with the world's fourth-highest number of fatalities after the United States, Britain and Italy.
PARIS French spirits company Remy Cointreau warned first quarter sales would fall by around 50-55% due to wholesaler destocking in Greater China and a sharp slowdown in key European and American markets due to the coronavirus crisis.
PARIS Carrefour said on Tuesday that revenue growth accelerated in the first quarter, reflecting strong food sales in March in all its markets and notably in the core French market as people stayed at home due to coronavirus lockdowns.