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entreprises News

French court annuls dismissal payout to 'rogue trader' Kerviel

Paris - A French appeals court on Wednesday cancelled an unfair dismissal payout to former Societe Generale trader Jerome Kerviel, whose deals cost the bank 4.9 billion euros after they turned sour.

Fired French Goodyear workers make last stand in court

Amiens - More than 800 former employees at a Goodyear factory in France converged for a mass court hearing Thursday to seek compensation for their dismissal when the US tyre giant closed the site in 2014.

Atlantia, Italy's motorway operator with global ambitions under scrutiny

Paris - Italian group Atlantia, whose operation of half of Italy's motorways is under risk following the collapse of a bridge in Genoa killing at least 39 people, is a major operator of toll roads and airports which is expanding rapidly internationally to beco...

Argentine government slashes jobs at state news agency

Buenos Aires - Argentina's center-right government has sacked more than a third of the employees of state news agency Telam in a restructuring of the company while blasting its use as a political tool by the previous leftist administration of Cristina Kirchner.

'Emergency plan' for Paris bike-hire system as debacle deepens

Paris - The city of Paris is scaling back its once-vaunted Velib bike-hire service after a chaotic change of operator that has infuriated cyclists, many of whom had hoped to be back in the saddle for the start of the summer.

Air France-KLM boss resigns after striking staff reject pay deal

Paris - Air France-KLM boss Jean-Marc Janaillac announced his resignation Friday after staff at the carrier's French operations rejected a pay deal aimed at ending months of walkouts.

Starbucks CEO apologizes for 'reprehensible' arrest of two black men

Washington - The CEO of Starbucks has apologized for an incident at one of the mammoth chain's Philadelphia cafes where two black men were arrested while waiting for a friend.

Europe is the new hunting ground for US investors

New York - After buying big American brands like Apple, Pepsi and Yahoo!, activist shareholders - investors in search of big dividends - now are setting their sights on European companies like Nestle.
 

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