French Business News : French Business News

Police back Societe Generale executives
PARIS, Aug. 3 (UPI) -- A French police report backs assertions by Societe Generale bankers they knew nothing of the massive risky investments by trader Jerome Kerviel, sources say.

U.S. lawyers courting French plaintiffs
PARIS, July 31 (UPI) -- A federal court in New York is pondering the question of whether or not to allow French citizens to join a U.S. class action lawsuit.

Alcatel-Lucent sheds three top execs
PARIS, July 29 (UPI) -- Technology equipment giant Alcatel-Lucent said three top executives would depart the Paris company in the wake of a second-quarter loss of $1.7 billion.

French pass sweeping economic reforms
PARIS, July 25 (UPI) -- Economic reforms passed in France will add 0.3 percentage points of annual growth to the country's economy, the government said.

Renault to mass-produce plug-in cars
AIX-EN-PROVENCE, France, July 5 (UPI) -- Renault, in response to soaring gas prices, plans to mass-produce electric cars, the French automaker's chief executive said Saturday.

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