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Posts Tagged ‘France’

June 13th, 2012 - 10:37 am § in News Of Economy

G7 ministers pledge to revive Doha round and resist protectionist policies

Finance ministers and central bankers from the world’s leading industrial countries expressed strong support for the revival of Doha round talks and resisting protectionist sentiments. The ministers in the summit raised hopes that a multilateral deal on global trade could be reached in the com[...]

June 10th, 2012 - 10:32 am § in News Of Economy

China in talks with Areva for multi-billion dollar nuclear energy deal

China, aiming to reduce pollution and reliance on oil set to talks with Areva, the French state- owned nuclear energy Company, over a contract to build two nuclear reactors that were originally awarded to the Toshiba unit Westinghouse Electric. Areva propose to build the reactors at Yangjiang, in Gu[...]

June 5th, 2012 - 10:24 am § in News Of Economy

Airbus controversy holds center stage in Franco-German summit

Germany and France are preparing to hold a high level meeting to address how an overhaul of Airbus will affect jobs in their respective countries. German Chancellor Angela Merkel and French President Jacques Chirac are expected to jointly hold talks with the plane maker’s parent company, EADS,[...]

April 8th, 2012 - 6:22 am § in News Of Economy

UK can face more job cuts in Airbus

French President Nicholas Sarkozy’s vow to reopen discussions about the Airbus restructuring plan has triggered concerns that UK might face further job cuts than those set out earlier this year under Airbus’ Power8 restructuring plan. UK MP, Peter Luff, assert that Mr Sarkozy might attem[...]

April 8th, 2012 - 6:18 am § in News Of Economy

France demands Berlin to streamline double-headed management

EADS, the parent company of airbus plane maker, might soon overhaul its management as France has forced Germany to take direct stake in EADS to guarantee its interests in the company. EADS is regulated from both France and Germany. Company’s shareholders are criticizing management from a long [...]

April 5th, 2012 - 5:59 am § in News Of Economy

Sarkozy-EU at loggerheads over France’s debt

The fire-brand rightwing president of France, Nicholas Sarkozy has struck a note of discord with The European Union quite early in his term. Monday saw him clash with EU finance ministers over the economic direction that France is seeking to take vis-a-vis the European bloc’s overall vision. H[...]