Edition:
United Kingdom

Dominique Vidalon

Debt concerns linger after Casino unveils refinancing plan

23 Oct 2019

PARIS French retailer Casino 's latest steps to shrink its debt pile will buy time for its main shareholder but not resolve all the problems faced by the group, ratings agencies and analysts said on Wednesday.

Carrefour confident on overhaul despite weak third quarter in France

22 Oct 2019

PARIS Carrefour , Europe's largest retailer, said that its overhaul plan aimed at boosting earnings was on track even though sales growth slowed in the third quarter, reflecting a weaker performance in its core French market.

Danone cuts sales outlook after third quarter miss

18 Oct 2019

PARIS Danone cut its 2019 sales growth outlook after missing third-quarter sales expectations on Friday, sending shares in the French food group down 7%.

Debt-laden Casino sees third quarter sales slow but keeps 2019 targets

17 Oct 2019

PARIS French retailer Casino , which is battling investor concerns over its debts, said sales growth slowed in the third quarter, reflecting a weaker performance in France.

Pernod Ricard considers U.S. price hike to offset trade tariffs

17 Oct 2019

PARIS France's Pernod Ricard said on Thursday it may raise prices on spirits like Glenlivet Scotch whisky to counter U.S. trade tariffs, at a time when it is also grappling with decelerating growth rates in key markets like China and India.

UPDATE 1-Pernod Ricard Q1 sales growth slows as China and India decelerate

17 Oct 2019

* China and India show signs of slowdown (Adds detail and background)

Renault board to meet, as CEO denounces potential exit as 'coup'

10 Oct 2019

PARIS Renault SA's CEO, Thierry Bollore, denounced as a "coup" his potential exit from the French carmaker, which has called a board meeting on Friday to discuss governance matters.

UPDATE 2-EDF warns Flamanville weld repairs to cost 1.5 bln euros

09 Oct 2019

* Project now seen costing 12.4 bln euros (Adds EDF comment, fund manager, shares)

EDF warns Flamanville weld repairs to cost 1.5 billion euros

09 Oct 2019

PARIS French utility EDF warned on Wednesday that its Flamanville nuclear project in France will cost 1.5 billion euros ($1.65 billion) more than previously expected as it counts the costs of weld repairs demanded by French nuclear watchdog ASN.

CORRECTED-(OFFICIAL) -French glassware maker Verallia kicks off Paris listing

23 Sep 2019

PARIS, Sept 23 French glass bottle maker Verallia said on Monday it could raise up to 1 billion euros ($1.10 billion) in an initial public offering in Paris later this month, in the country's biggest stock market flotation so far this year.

World News