PARIS, Jan 20 (Reuters) – The trial of French soccer internationals Franck Ribery and Karim Benzema on charges of soliciting an underage prostitute started on Monday.
Real Madrid striker Benzema and Bayern Munich forward Ribery, who are not attending the four-day trial, are being tried on charges of paying Zahia Dehar, a prostitute-turned-fashion model, for sex in 2008 and 2009, when she was aged 16 and 17.
PARIS, Jan 8 (Reuters) – France’s Havas said
Yannick Bollore, the 33-year-old son of top shareholder Vincent
Bollore, would take over as chief executive of the world’s
sixth-biggest advertising agency.
In a surprise announcement, the company also said current
CEO David Jones would leave the company to become co-founder and
CEO of a new technology startup company.
PARIS, Dec 23 (Reuters) – France’s highest administrative
court overturned the regulatory approval of the sale of
Bollore’s Direct 8 TV channel to Vivendi-owned Canal+
, citing a procedural flaw and antitrust grounds.
French regulators will now have until July 1 to reexamine
the transaction and come up with fresh conditions to safeguard
competition, the Council of State said in a statement on Monday.
PARIS (Reuters) – France should reverse decades of strict secularism to integrate its immigrant population better, allowing Muslims to wear headscarves in schools and promoting Arabic teaching, according to an iconoclastic report commissioned by the prime minister.
The document, part of a government review of integration policy, sparked an outcry among conservative opposition politicians and unease among the governing Socialists.
PARIS (Reuters) – French low-cost telecoms operator Iliad (ILD.PA: Quote, Profile, Research, Stock Buzz) has added a 4G high-speed broadband service to its Free Mobile offers without raising the price, firing a fresh broadside at its bigger rivals.
The move increases the pressure on France’s leading telecoms operators, Orange (ORAN.PA: Quote, Profile, Research, Stock Buzz), Vivendi’s SFR (VIV.PA: Quote, Profile, Research, Stock Buzz) and Bouygues Telecom (BOUY.PA: Quote, Profile, Research, Stock Buzz), who had hoped their newly built 4G networks would command higher prices and help to restore profits hit by the emergence of Iliad.
PARIS (Reuters) – Two founding industrial shareholders of Airbus parent EADS will join a group of current and former managers on trial in a long-running insider trading case, prosecutors said on Monday, but EADS called for charges to be dismissed.
In the latest twist to a saga that has haunted EADS ever since its A380 superjumbo hit unexpected development delays in 2006, an official at the French public prosecutor’s office said French media group Lagardere and German carmaker Daimler would stand trial.
PARIS, Nov 28 (Reuters) – France’s upstart mobile player
Iliad is seeking talks with larger rivals Vivendi’s SFR
and Bouygues Telecom over joining the duo’s
network sharing plan, according to a letter published online by
Les Echos newspaper.
The letter attributed to Iliad Chief Executive Maxime
Lombardini underscores how the planned network sharing between
France’s second- and third-largest operators, which aims to cut
costs in response to Iliad’s low-cost service, could reshape
competition in Europe’s fourth-biggest mobile market by clients.
PARIS (Reuters) – Police were hunting a lone gunman on the loose in central Paris on Monday after he opened fire at the offices of a left-wing newspaper and a major bank before hijacking a car to take him to the Champs-Elysees avenue.
The shaven-haired assailant, who police said was filmed by video-surveillance cameras, fired shots at the office of Liberation daily, seriously injuring a photographer’s assistant before fleeing, police and staff at the newspaper said.
PARIS (Reuters) – Shares in France’s Iliad fell more than 4 percent after the low-cost telecoms operator founded by billionaire Xavier Niel reported slower growth at its mobile phone business Free.
Iliad said the number of new mobile customers fell to 640,000 in the third quarter from 720,000 in the second, suggesting that a price war with more established mobile operators is making it harder for Iliad’s Free Mobile service to lure away their customers.
PARIS, Nov 14 (Reuters) – Vivendi said it was
progressing with its plan to hive off its largest business,
France’s No. 2 telecom operator SFR, and had not seen red flags
that could derail the project slated for middle of next year.
The music, pay-TV, and telecoms conglomerate also on
Thursday confirmed its annual targets for its four business
units after it posted operating profit down 23 percent to 730
million euros ($978.53 million), hurt by continued pressure on
SFR brought on by an ongoing mobile price war in France.