VILLEPINTE, France – The CEO of EADS' defense and security division said Wednesday that the European company ...
June 16, 2010Admin
LONDON—The European Union is hoping the financial overhaul moving through Congress will converge with EU calls for more regulation to fix the failures that led to the 2008 banking and credit crisis. ...
April 21, 2010Admin
PARIS - Partygoers worldwide have at least one good reason to forget the economic pain, job fears and mortgage woes of 2009: unusually cheap Champagne for New Year's.Champagne houses and retailers have had a tough year, forcing some to make aggressive price cuts. But the discounting is causing divisions ...
January 1, 2010Admin
From his upstairs office, Jerome Frantz can hear the delivery trucks as they rumble into the yard of the auto parts business his grandfather founded 90 years ago.In better times, each day Frantz would have as many as 60 big trucks pulling into the forecourt of Frantz ...
November 11, 2009Admin
PITTSBURGH -- World leaders took credit Friday for pulling the economy "back from the brink," and promised a new world order of tighter financial regulation and more inclusive global governance to protect the world from future meltdowns.The gathering of the world's 20 top economies cautioned that the recovery remained ...
September 25, 2009Admin
PARIS -- The world's automakers are driving defensively.Car and truck manufacturers are conserving cash by running down inventories and cutting everything from pay to travel, especially in Japan. German carmakers have gotten help trimming workers' hours through government programs that compensate staff for lost pay.All have been ruthless ...
July 30, 2009Admin
L'AQUILA, Italy – Leaders of the exclusive club of eight industrialized leaders plus five of the fastest developing nations are calling for open markets and a battle against protectionism as the answer to the world's economic meltdown.But the need to save jobs back home is pulling them in the ...
July 9, 2009Admin
PARIS (AP) — The coveted Michelin stars can make or break a restaurant. But so can an economic crisis."It's not caviar every day," the Michelin guide's director said Monday as he urged France's great chefs to invent new ways of keeping customers.Some of the world's best restaurants are ...
March 3, 2009Admin
PARIS (AP) -- French farmers called Wednesday on President Barack Obama to stop holding Roquefort cheese "hostage" in a trans-Atlantic trade fight.Militant farmer Jose Bove -- known for attacking McDonalds -- and others protested outside the U.S. Embassy in Paris, hoping to reverse a decision by the former Bush ...
January 21, 2009Admin
For many of us, the New Year is about making resolutions -- but for rival planemakers Airbus SA and Boeing Co., 2009 will be about keeping promises.Both face production challenges in getting their delayed flagship jets to airline customers who are eager to put newer, less fuel-hungry jets into ...
January 12, 2009Admin