French finance minister presses retailers for price cuts
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French Finance Minister Nicolas Sarkozy pressed representatives of major retailers and industrial groups to honor commitments to lowering name brand prices in large stores.
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The French government entrusted Thursday two banks, Dutch bank ABN Amro and Societe Generale of France, to place shares on the market for best offers to cut state stake in
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French government officials are planning to raise their concerns over China&#39;s exchange-rate policy at a meeting of eurozone finance ministers, the Financial Times reported on Monday.
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Business & money: British Retail Consortium urges Bank to consider reducing interest rates after weak high street sales.
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PARIS -- France's finance minister said he would use a visit to Berlin today to iron out ''misunderstandings&quot; over his interventions to protect French companies, which have irked German politicians and business leaders.
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Two UK clothing retailers, Next and French Connection, warn that there are tough times to come on the high street.
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TWO independent economists are calling on the French government to do the unthinkable: remove the mountain of petty restrictions that limit entry to trades and professional services, from hairdressing to ...
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French finance minister Nicolas Sarkozy stirs up controversy by calling for state funding for mosques in his new book.
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French Finance Minister Christine Lagarde said Societe Generale followed market rules when it unwound unauthorized transactions by a rogue trader in a move that cost the bank billions, but urged tighter controls on banks in France.
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HervÃ© Gaymard, France&#39;s new finance minister, yesterday made his first move towards reducing the state&#39;s hefty budget deficit by selling almost half of the government&#39;s holding in Air France-KLM for a total of â¬682m ($906m).
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French Prime Minister Dominique de Villepin has called for &quot;clarification&quot; of the role of the European Central Bank, amid fierce debate in France on the high level of the euro.
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PARIS The French retailer Carrefour warned Tuesday that it would not meet earnings and revenue targets for 2004 as a result of price-cutting campaigns and the &quot;worsening macroeconomic environment.
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The French prime minister defended thousands of job cuts at Airbus on Thursday, but protests over the losses at the planemaker silenced three German plants in a backlash that could threaten recovery hopes.
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The French government plans to sell as much as 5.8 billion euros ($7.1 billion) of shares in France Telecom SA to reduce debt that breaches European Union limits.
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Business & money: Retailer blames stayaway shoppers and fierce discounting by rivals for decline in sales
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French Prime Minister Dominique de Villepin said on Tuesday he had talked with Chancellor Angela Merkel about the problems at Airbus and confirmed it is seeking to cut 10,000 jobs.Comment
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Signs of shop floor support for consumer groups urging action over soaring prices.