Reuters – Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.
Also tagged 690-million, business, chain-nationalized, chavez, owners, president-hugo, state-media, venezuelan, yearAP – French media company Vivendi SA said Wednesday that net income fell 3.5 percent in the second quarter due to fewer music releases from artists like Eminem and Lady Gaga, but it raised its full-year outlook as it expects strong results from video games and mobile services in emerging markets.
Also tagged eminem, expects-strong, fewer-music, full-year-outlook, income-fell, quarter-due, raised-its, technology, the-second, video-games, vivendi, wednesdayAP – RESULTS: Carrefour SA says its three-year turnaround plan is “profoundly changing” the French retailer, which returned to a profit of euro82 million ($104 million) in the first half from a year-ago loss.
Also tagged 104-million, business, carrefour, euro82-million, says-its, the-firstReuters – Pressure mounted on Genzyme as its shares rose 6 percent in Frankfurt a day after French drugmaker Sanofi made public its month-old proposal to buy the U.S. biotech group for $18.5 billion.
Also tagged biotech-group, business, frankfurt, genzyme, its-month-old, its-shares, made-public, mounted-on-genzyme, pressure, sanofiAFP – Russian auto maker Avtovaz will launch a new ultra-cheap model of its Lada car next year, selling for 5,600 euros (7,100 dollars), its French partner company Renault said on Friday.
Also tagged 100-dollars, 600-euros, auto-maker, auto-show, avtovaz, business, renault, russian, said-on-fridayAP – French electricity and natural gas utility GDF Suez SA said Tuesday it is combining the assets of its global energy unit with Britain’s International Power to create the world’s largest independent power producer.
Also tagged assets, britain, business, combining-the-assets, create-the-world, energy-unit, gdf, international, largest-independent, tuesday, worldAP – THE RESULTS: French bank Societe Generale SA, which is trying to put a massive trading scandal behind it, says its second-quarter profit more than tripled as higher retail bank earnings offset a decline in investment banking.
Also tagged bank-earnings, business, higher-retail, massive-trading, profit-more, retail, says-its, societe, societe-generale, tripled-as-higherAFP – French bank BNP Paribas surprised analysts on Monday by reporting unexpectedly strong second-quarter net profit, showing a 31-percent rise to 2.105 billion euros (2.753 billion dollars).
Also tagged 31-percent-rise, afp, analysts-on-monday, business, monday, paris, societe, societe-generaleReuters – French financial holding firm Eurazeo said on Saturday it is in exclusive talks to sell its B&B Hotels chain to U.S. private equity firm the Carlyle Group.
Also tagged business, carlyle, eurazeo, exclusive-talks, financial-holding, hotels, private-equity, said-on-saturday, saturday, sell-itsAFP – Business and consumer confidence in the 16-nation eurozone jumped in July to its highest level in more than two years, driven by regional powerhouse German, the European Union said Thursday.
Also tagged auto-group, european-union, eurozone-jumped, german, mychele-daniau, production-line, renault, trucks-plant, two-years