France
Vivendi Ex-CEO Messier Tells Jury Investor Fraud Claims Are `Outrageous' Former Vivendi SA Chief Executive
Officer Jean-Marie Messier called claims that he defrauded
investors “outrageous” during his testimony today at a jury
trial in Manhattan.
European Stocks Post First Weekly Decline Since October, Paced by Danone European stocks posted their first
weekly decline since October on concern the eight-month rally in
equities has outpaced the outlook for earnings growth and
central banks will withdraw stimulus measures.
French Stocks Fall, Paced by Credit Agricole, SocGen, Dexia; Sword Rises France’s CAC 40 Index tumbled 30.86,
or 0.8 percent, to 3,729.36 in Paris, for a 2 percent drop this
week. The SBF 120 Index also fell 0.8 percent today.
Suez Environnement May Accelerate Cost Cutting in 2010, CEO Chaussade Says Suez Environnement SA, Europe’s
second-biggest water company, confirmed 2009 financial targets
and said cost-cutting may accelerate next year as the utility
studies ways to lower debt.
Alstom Said to Plan Joint Venture With Nuclear Power Corporation in India Alstom SA, the world’s third-largest
power plant builder, plans to set up a venture with Nuclear
Power Corp. of India and Bharat Heavy Electricals Ltd. to supply
equipment in India, three people familiar with the matter said.
Technip Says It Was Awarded $415 Million Gas Facilities Order in Abu Dhabi Technip SA was awarded a lump sum
turnkey EPC contract from Abu Dhabi Gas Industries Ltd. worth
$415 million.
Paris Court Annuls Order for Spain's Metrovacesa to Buy G2AM Building A French court annulled an order for
Metrovacesa SA, Spain’s largest real-estate developer, to
purchase a Paris office building for 85 million euros ($126.9
million), according to a regulatory filing.
Henri Proglio Should Focus on EDF Rather Than Areva, Minister Lagarde Says French Finance Minister Christine
Lagarde said Henri Proglio, incoming chief executive officer of
state-controlled Electricite de France SA, should focus on the
power utility rather than Areva SA.
Maurel Reverses Gains After Reporting Tanzania Well Delay, Gabon Discovery Etablissements Maurel & Prom SA, a
French explorer focusing on Africa, reversed earlier gains in
Paris trading after reporting a discovery at Kissenda in Gabon
and delays at a well in Tanzania.
Crude Oil Falls a Second Day in New York as U.S. Dollar Gains Versus Euro Crude oil fell for a second day as
the dollar strengthened against the euro, reducing the appeal of
commodities to investors, and equity markets declined.
Sarkozy's Popularity Rating Falls to 36 Percent in November, Poll Shows French President Nicolas Sarkozy’s
approval rating fell in November close to the lowest since his
2007 election, an Ifop poll for French newspaper Le Journal du
Dimanche showed.
CERN Starts Particle Collider After 14-Month Closure From Electrical Fault The world’s biggest particle
collider resumed operations after an electrical fault caused a
14-month delay in the search for the universe’s missing mass.
Sarkozy Signals Interest in European Markets Post for French Official French President Nicolas Sarkozy
signaled his interest in his appointee to the European
Commission, Michel Barnier, winning the post that oversees
financial markets.
SYMBOL LOOKUP
HOME
