PARIS Shares in Casino sank 10% on Friday after the debt-laden retailer slashed its forecast for 2019 French operating profit, citing the impact on its fourth-quarter sales of transport strikes in France against pension reforms.
PARIS French retailer Casino , which is closing unprofitable stores at home and selling other assets to cut debt, slashed its forecast on Thursday for 2019 French operating profit growth due to the impact of transport strikes in the fourth quarter.
PARIS Retailer Auchan [AUCHF.UL] said on Tuesday it planned to cut 517 jobs in France as part of efforts to reduce costs to cope with fierce competition from the likes of Amazon as well as changing shopping habits.
PARIS Alain Robert, the free climber dubbed the "French Spider-Man", on Monday scaled the Tour Total, a 48-storey skyscraper in Paris, to demonstrate support for workers striking against President Emmanuel Macron's pension reform plans. | Video
SAO PAULO/PARIS French retailer Casino Guichard Perrachon SA is in advanced talks to sell its Leader Price discount chain to German low-cost rival Aldi, a source with knowledge on the matter said on Saturday.
PARIS French supermarket group Carrefour has agreed to buy Dejbox, which specialises in delivering lunches to office workers, in its latest move to boost its e-commerce operations.
PARIS French prosecutors said on Friday they were opening an investigation into allegations of rape of a child, after a woman said she had been sexually abused by a prominent author when she was 14.
PARIS France's Sanofi on Monday agreed to buy California-headquartered biotechnology firm Synthorx in a cash deal worth about $2.5 billion as it steps up a push in the lucrative field of cancer drugs under its new chief executive.
PARIS Trade unions called for more street protests after nationwide strikes aimed at forcing President Emmanuel Macron to abandon his pension reforms caused chaos on France's transport networks for a fifth day on Monday.