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United Kingdom

Sudip Kar-Gupta

Publicis shares pummeled after advertiser cuts outlook

11 Oct 2019

PARIS Shares in Publicis tumbled on Friday to their lowest level in more than seven years after the world's third-biggest advertising company cut its full-year sales target again.

France's EDF to close Fessenheim nuclear plant next year

30 Sep 2019

PARIS French power group EDF said it planned to shut the country's oldest nuclear plant in Fessenheim earlier than planned and that the French state would make an initial compensation payment of around 400 million euros ($438 million).

Former French president Jacques Chirac dies, aged 86

26 Sep 2019

PARIS Former President Jacques Chirac, a political chameleon who dominated French politics for decades and strived to make France's voice heard in Europe and beyond, died on Thursday at the age of 86. | Video

UPDATE 1-French equities are attractive but slightly expensive -UBS

26 Sep 2019

* But French stocks looking slightly pricey -UBS (Adds detail and background)

EDF warns Hinkley nuclear plant could cost extra £2.9 billion, see more delays

25 Sep 2019

PARIS/LONDON EDF said on Wednesday its Hinkley Point C nuclear plant in Britain could cost up to 2.9 billion pounds more than its last estimate, and face further delays.

French oil company Total joins rivals in pledging higher returns

24 Sep 2019

PARIS French oil and gas company Total pledged on Tuesday to increase dividends and consider buying back shares, echoing moves by rivals to woo investors worried about the impact of climate change on fossil fuel stocks.

Steady French economic confidence defies euro-gloom in August - surveys

27 Aug 2019

PARIS French consumers and businesses in August shrugged off the gloom settling in across much of the euro zone, with measures of confidence holding steady at relatively elevated levels, data showed on Tuesday.

Vivendi moves against Mediaset's Europe plan, to fight voting ban

26 Aug 2019

PARIS/MILAN French media conglomerate Vivendi has taken court action to ensure it can vote against a plan by Italian broadcaster Mediaset to create a pan-European media business, saying the proposal infringes its minority-shareholder rights.

French retailer Casino targets further 2 billion euros of asset sales

20 Aug 2019

PARIS French supermarket retailer Casino is targeting a further 2 billion euros ($2.2 billion) of asset sales as it steps up plans to cut debt and improve its financial performance.

French jobless rate fell in second-quarter to lowest level since end-2008

14 Aug 2019

PARIS France's unemployment rate fell back during the second quarter to reach its lowest level since the end of 2008 and offer some relief for President Emmanuel Macron in the face of a slowing economy and anti-government protests.

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