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Critics' ire turns on auditor EY after Wirecard collapse

Frankfurt Am Main - Global audit giant EY is facing growing questions and threats of legal action over its role in the bankruptcy of German payments processor Wirecard after signing off on the accounts for years.

Facebook in turmoil over refusal to police Trump's posts

San Francisco - The clash between Twitter and Donald Trump has thrust rival Facebook into turmoil, with employees rebelling against CEO Mark Zuckerberg's refusal to sanction false or inflammatory posts by the US president.

Overtime for French coffin industry as COVID-19 deaths surge

Jussey - It's a grim truth that times are good for the coffin business when they're bad for people, and the coronavirus pandemic is no exception.

Walmart suffers disappointing Christmas hit to results

New York - American retail giant Walmart did not have a merry Christmas as disappointing toy and clothing sales hit the chain's bottom line, the company announced Tuesday.

Walmart suffers disappointing Christmas hit to results

New York - American retail giant Walmart did not have a merry Christmas as disappointing toy and clothing sales hit the chain's bottom line, the company announced Tuesday.

Walmart suffers disappointing Christmas hit to results

New York - American retail giant Walmart did not have a merry Christmas as disappointing toy and clothing sales hit the chain's bottom line, the company announced Tuesday.

French MPs begin debating controversial pensions bill

Paris - The battle over the French government's pension reforms moved from the street to parliament on Monday, with the opposition vowing to torpedo an overhaul that sparked weeks of strikes and protests.

Carlos Ghosn's wife says she wasn't in the loop about his escape

Paris - Former Nissan chief Carlos Ghosn's wife Carole said Tuesday she was not in the loop about his audacious escape from Japan, adding that it was the "only choice possible.

Chinese takeover marks new chapter in history of British Steel

London - A Chinese buy-out marks a new chapter in the tumultuous history of steelmaking in the United Kingdom, which has been characterised by nationalisation, privatisations and recurring crises.

Dr Barbie, nurse Ken: French toymakers to fight stereotypes

Paris - French toymakers signed a pact on Tuesday, three months before Christmas, to rid games and toys of gender stereotypes the government blames for keeping women out of maths and science careers.

Tunisia sets up crisis cell for Thomas Cook fallout

Tunis - Tunisia has set up a crisis cell to deal with the fallout of British tour operator Thomas Cook's collapse on Monday, which has left around 4,500 mostly British tourists stranded in the North African country, officials said.

Airbus to ask airlines to check wings of older A380s for cracks

Paris - European aircraft maker Airbus will ask airlines operating 25 of its oldest A380 super-jumbo jets to inspect their wings after cracks were found in some models, the EU's Aviation Safety Agency said.

Paris aims to beat Olympic traffic with flying taxis

Le Bourget - Paris aims to give visitors to the 2024 Paris Olympics a flying start by offering airborne taxis to tournament sites straight from the airport.

Stomach 'portholes' in cows draw ire of French activists

Paris - A French animal rights group published unsettling images Thursday of cows with a plastic "porthole" surgically inserted into their sides to allow access to their stomach contents, rekindling a debate over the welfare of animals in industrial farming.

Counterfeit medicine a 'growing threat': EU study

Paris - Counterfeit medicine is a "growing threat" in Europe, causing serious illness or even death and costing the pharmaceutical industry billions every year, according to a study published Wednesday.

In first for France, MPs move to trigger referendum on privatisations

Paris - French opposition MPs and senators claimed a victory for democracy Wednesday after using a little-known constitutional article to try to trigger a referendum on the government's controversial plans to privatise Paris' airports.

Elon Musk tweet may cost him job as Tesla CEO

New York - The standoff between US stock regulators and mercurial Tesla chief Elon Musk has taken a dramatic turn over a tweet that could cost the entrepreneur his job as CEO of the electric carmaker.

Actress refuses to work with ex-Disney animation chief over harassment accusations

Los Angeles - British actress Emma Thompson has quit an anticipated film produced by California's Skydance studios because it hired former Disney creative director John Lasseter, who is accused of sexual harassment, her publicist told AFP Tuesday.

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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