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Oct 22, 2014

GDF shake-up promises breakthrough for French women in blue chips

PARIS, Oct 22 (Reuters) – Isabelle Kocher’s new role puts
her in line to head utility GDF Suez from 2016 but
right now no woman runs a French blue chip company. Along with
the rest of continental Europe, the country lags Britain and the
United States on gender equality.

Kocher, 47, was named on Tuesday as deputy chief executive
and chief operating officer at GDF Suez.

Oct 14, 2014

French prime minister seeks to defuse toll roads row

PARIS, Oct 14 (Reuters) – France’s prime minister sought to
defuse a row over road tolls and keep billions of euros of
motorway renovation work on track on Tuesday, meeting worried
concession bosses after one of his team threatened to slap a new
tax on them.

Government criticism of “excessive” tariffs and the profits
of toll road operators privatised under the previous
administration comes as the highly unpopular ruling Socialists
try to shake off accusations from the left that their efforts to
be business friendly are hurting household spending power.

Oct 8, 2014

Air France puts cost of pilots strike at 500 million euros

PARIS (Reuters) – Air France put the total cost of last month’s two-week pilots strike at 500 million euros ($632 million) on Wednesday, wiping more than a fifth off its parent group’s estimated full-year core profit.

Air France-KLM (AIRF.PA: Quote, Profile, Research, Stock Buzz), Europe’s second-biggest network carrier by revenue, had already revised down its target for 2014 earnings before interest, tax, depreciation and amortization (EBITDA) in July from 2.5 billion euros to between 2.2 and 2.3 billion.

Oct 8, 2014

Air France puts cost of pilots strike at 500 mln euros

PARIS, Oct 8 (Reuters) – Air France put the total cost of
last month’s two-week pilots strike at 500 million euros ($632
million) on Wednesday, wiping more than a fifth off its parent
group’s estimated full-year core profit.

Air France-KLM, Europe’s second-biggest network
carrier by revenue, had already revised down its target for 2014
earnings before interest, tax, depreciation and amortisation
(EBITDA) in July from 2.5 billion euros to between 2.2 and 2.3
billion.

Sep 30, 2014

Strike-scarred Air France-KLM may need strategy rethink

PARIS (Reuters) – With no deal in sight over pilot pay and up to 300 million euros ($380 million)(234.29 million pound) of strike costs to absorb, Air France-KLM may need to rethink its route to viability.

As the airline restored its flight schedule to 98 percent on Tuesday and pilots returned to work, its estimated cost of the two-week strike represents more than double the meagre 130 million euro operating profit of Europe’s second-largest network carrier by revenue last year.

Sep 25, 2014

France opens door to possible Syria strikes after tourist killed

PARIS (Reuters) – France on Thursday opened the door to possibly joining air strikes in Syria just hours after an Algerian Islamist group beheaded a French tourist in retaliation for Paris’ military action against Islamic State militants in Iraq.

France has repeatedly ruled out taking part in air action in Syria where Islamic State has its power base. It fears that strikes against militants there would leave a void that only Syrian President Bashar al-Assad’s forces could fill, making it difficult for “moderate” rebels to counter the more organized Syrian army.

Sep 17, 2014

Rival bidders seek new place in the sun for Club Med

PARIS (Reuters) – Laurent Rigault, 53, is a child of Club Mediterranee (CMIP.PA: Quote, Profile, Research, Stock Buzz). After his first stay with his parents in 1966 he became hooked on the experience – beach shacks, communal showers and all.

More recently he has shunned the resorts, like thousands of other holidaymakers whose decisions to head for alternative destinations has helped plunge the company into the red and left it to be fought over by two rival bidders.

Aug 20, 2014

Juppe joins race for French presidency in challenge to Sarkozy

PARIS (Reuters) – Former prime minister Alain Juppe joined the race to be the presidential candidate of France’s centre-right on Wednesday, posing a potential challenge both to a 2017 comeback bid by Nicolas Sarkozy and to the rise of the extreme right.

Juppe’s declaration on his Internet blog also came as Socialist President Francois Hollande’s government returned from its summer break to a stalled economy and an opinion poll showing more than eight out of 10 voters have no confidence in its ability to fix it.

Aug 14, 2014

French finance minister adrift on sea of broken promises

PARIS, Aug 14 (Reuters) – Photos of France’s portly finance
minister rowing a tiny boat on holiday circulated social media
on Thursday – emblematic of a French economic ship for which,
under the current government, prosperity is always beyond the
horizon.

“Look, he’s not sinking. Everything must be fine,” read one
sarcastic Twitter comment after Michel Sapin became the latest
minister to push the prospect of sound state finances and a
healthy economy ever further into the future.

Aug 13, 2014

French heartbreak as Canada, England reach World Cup final

PARIS (Reuters) – Two missed conversions by Sandrine Agricole cost hosts France a place in the women’s rugby World Cup final as Canada beat Les Bleues 18-16 in a thrilling match and will contest their first final against England on Sunday.

Agricole’s pre-kick preparations are reminiscent of former England flyhalf Jonny Wilkinson’s, but she missed two in the space of 10 minutes as the match drew to a dramatic close.

    • About Andrew

      "Andy leads the London-based team that edits company news copy from around Europe, the Middle East and Africa and supports EMEA Companies Editor of Charge Chris Wickham. Andy is a newswire "lifer" with experience in reporting and editing in London, Singapore and Paris. A one-time oil industry specialist, his first industry job in the early 1980s was collecting pepper and banana prices for Agence France Presse."
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