French Government offers loans and State-guaranteed funds to Air France-KLM

French Government offers loans and State-guaranteed funds to Air France-KLM

French government has announced support for Air France-KLM with nearly €3 billion in loans to the airline and €4 billion in state-guaranteed funds to keep the airline in business.

Buoyed by impressive profits growth, Whitbread hikes dividend by nearly 20%

Whitbread, the operator of Costa Coffee and Premier Inn hotel chains, on Tuesday announced an impressive rise in profits and rewarded its shareholders with a nearly 20 per cent increase in dividend.

French president, GE chief to discuss Alstom’s future

French President Francois Hollande will soon hold a meeting with General Electric (GE) Chief Executive Jeff Immelt to discuss the future of beleaguered engineering group Alstom.

A source form France's presidential office revealed that Mr. Hollande and his Economy Minister Arnaud Montebourg will discuss the Alstom issue with Mr. Immelt during a planned meeting on Monday.

Imperial Tobacco to close two plants

Imperial Tobacco has announced its decision to close two cigarette manufacturing facilities, one in France and another in the UK, as part of its cost cutting measures.

France planning to slap Google with sanctions over privacy violation

France's privacy watchdog, the Commission Nationale de Informatique et des Libert (CNIL), on Friday warned that it could slap Google with sanctions for its refusal to make required changes to its controversial privacy policy.

Ubisoft all set to release Rayman Legends playable demo

A playable demo of Rayman Legends will be released via Microsoft's Xbox Live and Sony's PlayStation Network on August 14, videogames developer and publisher Ubisoft has announced.

The soon-to-be-released demo, which will provide gamers a glance into the videogame's Invasion Mode, will reportedly contain three levels from different stages in Rayman's quest.

Announcing the playable demo, Ubisoft also revealed, "Playable maps include Teensies in Trouble and A Toad Story, along with their Invasion Mode counterpart level, and a fan-favourite musical map themed to the song Black Betty."