France

Chinese president signs several deals in Paris

During his visit to Paris, the Chinese President Hu Jintao signed many business deals with the companies operating in France.

War in Dairy Farm and Tesco on bidding for assets

For bidding on French retailer's Carrefour's (CARR. PA) Southeast Asian assets, Singapore's Dairy Farm (DAIR. SI) and Britain's Tesco (TSCO. L) are in competition with other companies in second round. For second-round biddings in the auction, Carrefour has set the deadline of November 5, 2010. Carrefour is presently the World no. 2 retailer and they expect to fetch $ 1 billion in this transaction.

Carrefour, the supermarket operator would like to focus on the markets where they have leading position so they are selling the retail shops in Thailand, Malaysia and Singapore.

On modified Airbus A400M Contract European Nations agree

French Defense Minister Herve Morin expressed on Friday that the 7 main partners in the Airbus A400M military airlifter have done an agreement on an modify contract amongst the customer governments and Airbus.

The bothered A400M program is proceeding 4 years late and much more than EUR5 billion by the first EUR20 billion budget.

The governments have been squabbling for almost 2 years as how to divide the additional costs, and have decided to raise the cost of each plane by EUR11 million, Morin expressed that.

LVMH Stake in Hermès inquired by France

The chief of the French market stock-market regulator, Jean-Pierre Jouyet, expressed on Friday the rules leading mergers and attainment in France aren't severe enough and his office thinks to examine LVMH Moet Hennessy Louis Vuitton's increasing up of a 17.1% stake in Hermes International.

Very frequent France stays the far west as it comes to firms attaining additional companies or giving ownership thresholds as expressed out by the head of the Autorité des marchés financiers, or AMF.

He further expressed that France requires supporting its rules with the toughness.

About Channel swimmers, French goes numb

Captain Matthew Webb relayed on pork and meat pies to put him through much more civilized, and British, kind of sustenance than the nutrient gels preferential by current brand of aquatic masochist.

Whichever way, swimming across the English Channel is no worry. High waves, fog, jellyfish and the incapacitating effects of extended -term fascination in cold water creates it as much of a test as ever. And currently there is one more obstacle and that's the French.

For Lebanon, Kouchner relays on French support

Bernard Kouchner France's Foreign Minister came in Beirut on Friday for a 2 day visit, carrying a letter of back up to Lebanon and President Michel Sleiman.

Kouchner and an escorted delegation, whose stopover correspond with continuing tension regarding the UN-backed examination into earlier Prime Minister Rafik Hariri's killing, get together with Sleiman at Baabda Palace,

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