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Camus’s Son Snubs Sarkozy Honor

President Nicolas Sarkozy wants to transfer the remains of the writer Albert Camus to one of the most hallowed burial places in France, but the plan has run into opposition from the Nobel laureate’s son, who does not think his father would have wanted ...

From DAVID JOLLY, The New York Times,  22 Nov 2009

Related Topics: Albert Camus,  Nicolas Sarkozy,  Jean-Paul Sartre,  Simone de Beauvoir,  Louis Pasteur

Dutch Bank Gets Another Cash Injection

PARIS — The Dutch government said Thursday that it would spend another 3 billion euros to clean up ABN-AMRO, as it seeks to put the problems at the collapsed lender behind it. The new injection, equivalent to about $4.5 billion, brings to nearly 9 ...

From DAVID JOLLY, The New York Times,  19 Nov 2009

Related Topics: Wouter Bos,  Deutsche Bank,  European Commission,  Royal Bank of Scotland

OECD Sees Bumpy Path to Recovery

China has helped to pull the developed world back toward economic recovery, but the path to sustained growth will be bumpy, the Organization for Economic Cooperation and Development said Thursday in a cautious assessment of the global economy. “Growth ...

From DAVID JOLLY, The New York Times,  19 Nov 2009

Related Topics: Organization for Economic Cooperation and Development,  World Bank

EADS, Parent of Airbus, Reports Third-Quarter Loss

PARIS — European Aeronautic Defense & Space, the maker of Airbus passenger jets, on Monday reported a loss for the third quarter and warned that it could face significant charges this year for problems with its A400M military transport. The company, ...

From DAVID JOLLY, The New York Times,  16 Nov 2009

Related Topics: Airbus,  Boeing

Promotional Event Leads to Violence in Paris

PARIS — It seemed like a good idea at the time, one for the annals of great publicity gimmicks. An ambitious Internet marketing company would sponsor a double-decker London bus to drive around central Paris, throwing cash from the windows in a ...

From DAVID JOLLY, International Herald Tribune,  15 Nov 2009

Related Topics: Rachida Dati

Switzerland Unveils Limited Measures to Regulate Bank Pay

PARIS — Switzerland announced watered-down measures to limit bank compensation Wednesday, imposing no caps on bonuses and excluding all but the country’s biggest financial services companies from mandatory compliance. The announcement marked a victory ...

From DAVID JOLLY, The New York Times,  11 Nov 2009

Related Topics: Federal Reserve,  Goldman Sachs,  Financial Services Authority,  Royal Bank of Scotland

UBS Hit With Fine for Unauthorized Trading

Regulators in Britain fined UBS £8 million on Thursday after finding that employees at the Swiss bank’s wealth-management unit in London had carried out unauthorized trading on at least 39 customer accounts. The Financial Services Authority cited UBS “ ...

From DAVID JOLLY, The New York Times,  5 Nov 2009

Related Topics: Financial Services Authority,  Margaret Cole

Société Générale's Profit More Than Doubles

PARIS — Société Générale, the French bank, reported Wednesday that its third-quarter profit more than doubled, making it the latest big international lender to benefit from a strong rebound in financial markets. The bank posted net income of €426 ...

From DAVID JOLLY, The New York Times,  4 Nov 2009

Related Topics: Goldman Sachs,  J.P. Morgan Chase & Co.,  BNP Paribas

E.U. Revises Growth Forecast Up for 2010

PARIS — The European Union said Tuesday that the full 27-nation bloc would be out of recession by the end of the year and revised upward its forecast for economic growth in 2010. “A relatively strong temporary pick-up is in the cards for the near term,” ...

From DAVID JOLLY, The New York Times,  3 Nov 2009

Related Topics: European Commission,  European Union

German Companies Cautious Despite Positive Data

PARIS — Three of Germany’s biggest industrial companies issued sobering outlooks for the automobile sector on Thursday, even as fresh economic data suggested a rebound in manufacturing across Europe. Volkswagen, Europe’s biggest automarker, said that ...

From DAVID JOLLY, The New York Times,  29 Oct 2009

Related Topics: European Commission,  European Union

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