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A daily update on the latest business and economic news. Live on weekdays at 8.15 am Paris time.

BUSINESS DAILY

BUSINESS DAILY

Latest update : 2013-10-23

French carmaker Peugeot Citroën hit as European sales slump

The French carmaker PSA - which owns the Peugeot and Citroën brands - saw its revenues fall 3.7% in the three months to the end of September. This comes as the company is close to signing a competitiveness pact with unions which will see staff working longer hours in exchange for job security. Also, Facebook’s Mark Zuckerberg emerges as the best-paid CEO in the United States, earning a whopping $6 million... a day!

By Stephen Carroll

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2015-04-14 Tax fraud

Ricci fashion heiress jailed over 'Swissleaks' tax fraud

The heiress to the Nina Ricci fashion empire, Arlette Ricci, has become the first French national to be convicted of tax fraud over information gathered from the HSBC...

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2015-04-13 India

India's Modi brings investment drive to Germany

The Indian Prime Minister, Narendra Modi, has brought his "Make in India" campaign to German investors, encouraging them to set up manufacturing plants in his country. Germany is...

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2015-04-10 India

Indian PM Modi arrives in France eager to boost trade

India's Prime Minister Narendra Modi begins his maiden trip to Europe in France. Both governments have made boosting trade a top priority. During his visit, Modi will meet French...

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2015-04-09 Italy

Two wheels good, four wheels bad: Scooter ride-sharing in Rome

Building on the success of ride-sharing app Uber, Scooterino is new app which allows user to hitch a ride on the back of a Vespa in Rome. The service costs users a little more...

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2015-04-08 oil

Oil mega merger as Shell buys BG for $70 billion

The Anglo-Dutch oil company Shell has made a $70 billion offer to buy Britain's BG group, the biggest deal in the oil industry in more than a decade. The merger has seen BG's...

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