Business  September 20, 2014
French PM blasts farmers for torching tax office in protest
Artichokes in front of the partially burned building of the Mutualite sociale agricole (MSA) on September 20, 2014 in Saint-Martin des ChampsFrench Prime Minister Manuel Valls on Saturday vowed to prosecute farmers in Brittany who torched tax and insurance buildings and dumped vegetables in the streets in protest at falling living standards.It was "particularly shocking" that the angry protesters tried to block firefighters' access to the burning tax office, the premier said, adding tha...  Full Story
Renzi under scrutiny as his father faces fraud probe
Italian Prime Minister Matteo Renzi in Bologna on September 7, 2014Italy's Prime Minister Matteo Renzi came under increasing scrutiny Saturday as media interest grew in a bankruptcy fraud probe of his father, who has spoken out to defend his innocence.News broke earlier this week that Tiziano Renzi was under investigation as part of a probe into a newspaper distribution and advertising firm he owned before it was ...  Full Story
Air France pilots vote to extend strike by a week
More than half of Air France flights have been scrapped during a pilot strike, disrupting the travel plans of tens of thousands of passengersAir France pilots have voted to extend for another week a strike over their airline's push to develop a low-cost subsidiary they fear will undermine their jobs, their main union said Saturday.The stoppage, which has already run for nearly a week, is already the longest suffered by Air France in 16 years.More than half of the company's flights have ...  Full Story
Scots voted 'No' over economic worries
Scots were driven to reject independence in a historic referendum more out of fears over the economic risks of going alone than a strong attachment to the United Kingdom, a poll showsScots were driven to reject independence in a historic referendum more out of fears over the economic risks of going alone than a strong attachment to the United Kingdom, a survey analysis shows.The post-referendum survey by independent pollster Lord Michael Ashcroft also reveals that young people voted in droves to break up the centuries-old union...  Full Story
Nissan USA aims to keep electric battery production
A Nissan electronic vehicle is hooked up to charge its battery at the companyJapanese automaker Nissan is dismissing speculation that it intends to scale back electric car battery production at its US plant in Tennessee.Nissan's ambitious electric vehicle program has been a signature initiative of Carlos Ghosn, the chief executive at both Renault and Nissan."The Renault-Nissan Alliance remains 100 percent committed to its i...  Full Story
Alibaba surges in Wall Street debut
Chinese online retail giant Alibaba priced its stock at $68 on Thursday, setting in motion a record-breaking public offering of up to $25 billion, sources saidA buying frenzy sent Alibaba shares sharply higher as the Chinese online giant made its historic Wall Street trading debut.Alibaba leapt from an offering price of $68 to $92.07 in the first trades, then headed to nearly $100 before settling back at the close to $93.89, a hefty gain of 38 percent.Company founder Jack Ma was on the floor of the New Y...  Full Story
Russia demands changes to Ukraine-EU association deal
Russia has demanded changes to a landmark political and economic pact between the EU and Ukraine in order to meet MoscowRussia has demanded changes to a landmark political and economic pact between the EU and Ukraine in order to meet Moscow's concerns, according to a letter seen by AFP on Friday.The European and Ukrainian parliaments on Tuesday simultaneously ratified the association agreement, the rejection of which last year triggered the political crisis in the f...  Full Story
Ex-Petrobras director pocketed kickback
The former head of PetrobrasA former director of Brazilian oil giant Petrobras who has accused dozens of politicians of taking kickbacks allegedly pocketed one himself for the purchase of a US refinery, local media reported.Paulo Roberto Costa, currently in custody for money laundering, told police and justice ministry officials probing his allegations that he took 1.5 millio...  Full Story
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