French state railways back in black in first half of 2004
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The French state-owned railway system was back in the black in the first half of 2004, posting a parent net profit of 43 million euros (52.4 million dollars) after losing 243 million euros in the first half of 2003, La Tribune economic news daily reported.
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Full service on the A and the C traines may not be restored for three to five years, officials announced today.
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TILTING trains returned to Britain's railways yesterday after an absence of more than 20 years.
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&quot;The train is just a twisted wreck, it&#39;s an absolute bloody mess,&quot; a rail official told reporters. &quot;The train has ploughed through the dirt like a bulldozer.
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PARIS  - Commuters crammed aboard the few trains left running and surgeons operated on only emergency cases as strikes over job cuts and pay disrupted French rail service and hospitals Wednesday.
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More than 1 billion train journeys were made in the UK last year - the most since the late 1950s.
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French rail traffic was returning to normal after an unexpected strike by ticket collectors following the rape of a colleague caused havoc for French rail commuters, railway operator SNCF said on Thursday.
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France has unveiled a budget for 2005 which should bring its deficit back under European Union (EU) limits for the first time in four years.
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Beaujolais nouveau 2004 was set to flow from midnight, but this year's launch could be soured by the gloom brought to the sector by sliding prices and exports.
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French Connection reports a loss for the first half of 2006 and admits its clothes have failed to meet expectations.
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Striking transport workers shut down most  of France's rail network on Thursday in a protest over  pensions, posing the biggest test yet of President Nicolas  Sarkozy's ability to push through economic reforms.
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French growth improves at the end of 2004, new figures show, but not by enough to fulfil government hopes.
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New shares in the restructured operator of the Channel tunnel rail link between Britain and France, Groupe Eurotunnel, fell by more than 41 percent on Monday on the first day of trading.
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The French state yesterday sold close to half its stake in Air France-KLM, Europe&#39;s biggest carrier, cutting its share to around a quarter, in a fresh effort under new finance minister HervÃ© Gaymard to slash its debt and budget deficit below the eurozone
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Striking workers shut down most of France's rail network on Thursday and further disruption was expected in a protest over pensions, posing the biggest test yet of President Nicolas Sarkozy's ability to push through reforms.
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Trams returned to Paris on Saturday after  a 69-year gap, with the inauguration of a new commuter service  around part of the city's southern periphery.
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The French economy is expected to grow 2.1 percent this year, but will limp through the first half of 2005 at a 1.4 percent pace that threatens the official full-year target of 2.5 percent, the national statistics office INSEE said.