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EYE ON AFRICA

In Memory of Jean-Karim Fall, 1958-2017

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MEDIAWATCH

Bad diplomacy, brawls & bromance

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ENCORE!

Cannes 2017: Pitch Perfect's Brittany Snow becomes an urban warrior

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THE WORLD THIS WEEK

US President wraps up world tour in Italy (Part 1)

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THE WORLD THIS WEEK

US President wraps up world tour in Italy (Part 2)

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FOCUS

The battle against illegal fishing in West Africa

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DOWN TO EARTH

Trump has already quit the Paris climate deal - just not publicly

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#TECH 24

The Ice Memory Project: A treasure trove for future scientists

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ENCORE!

Cannes 2017: Stars dig deep at AIDS gala dinner

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BUSINESS DAILY

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

Latest update : 2014-05-07

Alstom profits slide as bidding war continues

It’s at the centre of a bidding war between General Electric and Siemens, but profits at French engineering firm Alstom fell 28 percent in the year to the end of March. The French government has rejected GE’s €12 billion offer for its power generation business that’s also being eyed by Siemens. Also today: Fiat Chrysler wants to boost sales by 2 million units by 2018.

By Stephen CARROLL

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Archives

2017-05-26 oil

Oil tumbles on disappointment over OPEC output cut

Oil prices have dropped after OPEC's decision to extend an output cut by nine months fell short of investor expectations. Also today, we look at how Egyptians are struggling to...

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2017-05-25 oil

OPEC looks set to extend production cut

The OPEC cartel of oil-producing nations is expected to extend last year's deal to cut production, this in an effort boost oil prices. Meanwhile, here in France, there's some...

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2017-05-24 China

China's credit rating cut over debt worries

China's credit rating has been downgraded by Moody's over fears of rising debt in the world's second-largest economy. We get the latest reaction from our correspondent in...

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2017-05-19 Greece

Greek government trades austerity for bailout, again

Despite public opposition, Greece's parliament has approved new austerity measures in an effort to convince its creditors to unlock 7.5 billion euros in bailout cash. Meanwhile,...

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2017-05-18 unemployment

French jobless rate falls to five-year low

The rate of unemployment in France has fallen to its lowest level since 2012. In mainland France, the rate dropped to 9.3%, or 9.6% including its overseas territories. Also...

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