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Sudip Kar-Gupta

Thales makes concessions to soothe EU's Gemalto deal worries

11 Oct 2018

PARIS/BRUSSELS Thales has offered concessions to address European Union antitrust concerns over the French aerospace and defence firm's 4.8-billion-euro ($5.6 billion) bid for chipmaker Gemalto .

Air France KLM September passenger traffic rose 2.7 percent from last year

09 Oct 2018

PARIS Air France KLM reported on Monday a rise in passenger traffic in September, with the airline aiming to improve its business performance after strikes earlier this year cost it millions of euros and led to a management shake-up.

Interpol chief Meng Hongwei under investigation, China says

08 Oct 2018

BEIJING/PARIS China said on Sunday it was investigating Meng Hongwei for suspected wrongdoing after the head of the global law enforcement organization Interpol and Chinese vice minister for security was reported missing in France. | Video

Interpol chief Meng Hongwei under investigation, China says

08 Oct 2018

BEIJING/PARIS China said on Sunday it was investigating Meng Hongwei for suspected wrongdoing after the head of the global law enforcement organisation Interpol and Chinese vice minister for security was reported missing in France.

French energy group Total and Algeria's Sonatrach sign new agreements

07 Oct 2018

PARIS French energy group Total and Algerian state-owned firm Sonatrach have signed new agreements, including a contract to develop the Erg Issouane gas field and plans to create a joint venture, Total said.

Indebted retailer Casino raises 565 million euros in property sales

01 Oct 2018

PARIS French supermarket group Casino said on Monday it had agreed to sell some properties of its Monoprix chain for 565 million euros ($655 million) to reduce debts that have worried investors and led to downgrades in its credit rating.

Minister to Air France-KLM boss - Fix airline before talk of stake sale

27 Sep 2018

PARIS France has no plans for now to sell its 14 percent stake in Air France-KLM , Finance Minister Bruno Le Maire said on Thursday, pressing the group's new chief executive to focus on increasing competitiveness.

Casino rejects merger approach that Carrefour denies making

24 Sep 2018

PARIS Two of France's biggest supermarket groups were locked in a dispute on Monday after Casino said it had rejected a tie-up approach from larger rival Carrefour that Carrefour denied ever making.

Tyre maker Michelin confirms 2018 guidance despite China slowdown

13 Sep 2018

PARIS Shares in French tyre maker Michelin climbed on Thursday after it confirmed its 2018 financial outlook and said signs of growth in Europe and North America would offset a slowdown in China.

UPDATE 1-Iliad bids more than $867 mln for Italy 5G in overseas odyssey

11 Sep 2018

MILAN/PARIS, Sept 11 Iliad has offered at least 749 million euros ($867 million) for spectrum in Italy's fifth-generation mobile auction as it seeks to boost its first venture outside France.

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