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[...]
Posts Tagged ‘France’
G7 ministers pledge to revive Doha round and resist protectionist policies
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[...]
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,[...]
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[...]
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 [...]