France News
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Alcatel-Lucent Confirms 2010 Outlook After Second-Quarter Loss
Alcatel-Lucent SA , France’s largest telecommunications equipment maker, confirmed full-year margin targets after posting an operating profit in the second quarter.
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Li Ka-shing Companies Bid $9.1 Billion for EDF's U.K. Unit
A group led by Hong Kong billionaire Li Ka-shing ’s Cheung Kong Infrastructure Holdings Ltd. has offered to buy Electricite de France SA’s U.K. power networks unit for 5.8 billion pounds ($9.1 billion).
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Yen Strengthens to Year's Highest Level Against Dollar on Economy Concern
The yen rose to the strongest level this year against the dollar and gained for a third day versus the euro as signs the global recovery is losing momentum boosted demand for Japan’s currency as a refuge.
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European Stocks Retreat; Benchmark Stoxx Europe 600 Index Declines 0.3%
European stocks retreat, sending the Stoxx Europe 600 Index down 0.3 percent to 255.49 at 8:32 a.m. in London. Construction-related companies paced declines.
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