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[1/5] People attend the traditional May Day labour march, a day of mobilisation against the French pension reform law and for social justice, in Nantes, France May 1, 2023. "It will serve to say that we will not move on until this (pension) reform is withdrawn." Macron says the reform is needed to keep one of the industrialised world's most generous pension systems in the black. French pension payments as a share of pre-retirement earnings are comfortably higher than elsewhere and a French man typically spends longer in retirement than those in other OECD nations. But the trade unions say the money can be found elsewhere.
Digital Signs Energize Old Fights Over Billboards
  + stars: | 2023-04-22 | by ( Megan Graham | ) www.wsj.com   time to read: 1 min
Removal of billboards in the Nantes metropolitan area. Photo: Nantes Metropole/Rodolphe DelaroqueA series of disputes over digital signs has arrived in sunny San Diego, where critics say a longstanding strict stance on new billboards is now under pressure from a proposal to allow outdoor digital kiosks. The city council’s economic development committee last month voted in favor of bringing the proposal to the full city council, clearing the way for it to vote on the question, which it is expected to do in May. A 1981 U.S. Supreme Court ruling permitted the city to ban any new billboards that don’t meet certain standards, though those built before then are still standing.
PSG close in on title as Mbappe double sinks Angers
  + stars: | 2023-04-21 | by ( ) www.reuters.com   time to read: +1 min
PARIS, April 21 (Reuters) - Paris St Germain moved a step closer to a record 11th Ligue 1 title when Kylian Mbappe's double earned them a 2-1 victory at bottom side Angers on Friday. Angers, on 14 points, will be relegated to Ligue 2 if Nantes and Stade Brestois win their games on Sunday and AJ Auxerre avoid defeat on Saturday. After fluffing a volley, he regained control of the ball before slotting it past Paul Bernardoni in the ninth minute. Mbappe then collected a through ball from Lionel Messi and doubled the advantage with a clinical finish on 26 minutes. Messi went close to adding another seven minutes from the interval, but Bernardoni parried the Argentine's attempt from just outside the box.
[1/2] The company's logo is seen outside of an IKEA Group store in Saint-Herblain near Nantes, France, March 22, 2021. Ingka plans to open eight new big IKEA stores and nine smaller stores as well as upgrading existing stores in the U.S., which is IKEA's second-biggest market by sales after Germany, the company said on Thursday. As consumers spend less, big-box retailers Walmart and online furniture retailer Wayfair are cutting jobs and shutting stores, creating an opportunity for IKEA to pick up cheaper store and warehouse space. The planned stores would increase the number of IKEA locations in the U.S. by around a third, from 51 stores and two "plan and order points". Ingka Group had revenues of 5.5 billion euros ($6.03 billion) in the U.S. in its 2022 financial year.
A ban on protests in the area is in place from Thursday evening until Saturday morning local time. Loic Venance/AFP/Getty ImagesViolence also broke out at Paris’ Place de la Bastille as riot police clashed with angry protestors. Up to 600,000 people were expected to take to the streets across France for the latest protests. Protesters gain entry inside the LVMH headquarters during a demonstration against pension reform in central Paris. Femimist activists dressed as Rosie the Riveter icon perform during a demonstration in Paris on April 13, 2023.
With no sign of the protests abating, insiders question whether Borne's government has lost control of the political messaging necessary to appease the street. The situation has deteriorated considerably since Macron decided on March 16 to adopt the reform using special constitutional powers to bypass parliament. When asked about the divisions, the president's office said the majority of Macron's camp remained strong and united. "There are still ministers who are saying 'we should have done this or that', No!," the source lamented. An official in Borne's office said the prime minister had made efforts to preserve unity among ministers and lawmakers.
Police clash with pension protesters in Nantes
  + stars: | 2023-03-23 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsPolice clash with pension protesters in NantesPostedA peaceful demonstration in Nantes quickly degenerated, as scuffles erupted between violent protesters and riot police. Demonstrators hurled objects at police and burned bins on the streets, and police responded by launching tear gas.
A successful no-confidence vote would fell the government and kill the legislation, which is set to raise the retirement age by two years to 64. Finance Minister Bruno Le Maire on Sunday called the votes "a moment of truth" for the government. Senior officials from the conservative Les Republicains (LR) party have said they will not get behind the no-confidence motions. Le Monde calculated that at least 26 LR lawmakers would need to back the motion for it to succeed. Even if the motions flop, Macron's failure to find enough support in parliament to put his pension system overhaul to a vote has undermined his reformist agenda and weakened his leadership, observers say.
However, while Monday's votes may put on display anger at Macron's government, they are unlikely to bring it down. Opposition lawmakers filed two motions of no-confidence in parliament on Friday. Centrist group Liot proposed a multiparty no-confidence motion, which was co-signed by the far-left Nupes alliance. Hours later, France's far-right National Rally party, which has 88 National Assembly members, also filed a no-confidence motion. None of them had sponsored the first no-confidence motion filed on Friday.
REUTERS/Gonzalo FuentesPARIS, March 18 (Reuters) - Refinery strikes persisted on Saturday in France and more demonstrations were taking place throughout the country amid anger at the government pushing through a rise in the state pension age without a parliamentary vote. A further rally was planned in Paris later on Saturday while BFM television showed images of demonstrations already taking place in cities such as Compiegne in the north, Nantes in the west and Saint-Etienne in central France. A broad alliance of France's main unions has said it would continue to mobilise to try to force a U-turn on the changes. Macron's overhaul raises the pension age by two years to 64, which the government says is essential to ensure the system does not go bust. Reporting by Dominique Vidalon; Editing by David HolmesOur Standards: The Thomson Reuters Trust Principles.
Credit Suisse declined to comment. Credit Suisse intends to borrow up to 50 billion Swiss francs ($54 billion) from the Swiss National Bank in what it called "decisive action" to boost its liquidity on Thursday. The five people with direct knowledge of the bank's trading counterparties requested anonymity because of the sensitivity of the situation. Credit Suisse has said that it is a strong, global bank. Among possible scenarios, analysts, bankers and investors speculate that Credit Suisse could sell or wind down some of its existing businesses with a break-up potentially on the cards.
[1/3] The logo of Societe Generale bank is pictured on an office building in Nantes, France, March 16, 2023. Credit Suisse declined to comment. These five people with direct knowledge of the matter requested anonymity because of the sensitivity of the situation. Societe Generale has maintained existing counterparty positions with Credit Suisse, which it had cut back in recent weeks, but it is not increasing them, according to two sources with direct knowledge of the situation. Another global bank has reduced its unsecured exposure to Credit Suisse, which includes all lending with no collateral, according to a person with knowledge of the matter.
PoliticsFrench police clash with pension protests after darkPostedProtesters clashed with police in Paris, France after the government pushed through an unpopular pensions bill, which will see retirement age raised from 62 to 64. Authorities fired tear gas and water cannon to disperse demonstrators. Protests also took place in other French cities, including Marseille and Nantes.
PARIS, March 16 (Reuters) - Police fired tear gas at protesters on the Place de la Concorde in Paris, where some 7,000 people demonstrated against the government's pension changes in a spontaneous and unplanned rally. [1/3] A demonstrator holds a CGT labour union flag during a protest after French Prime Minister Elisabeth Borne used the article 49.3, a special clause in the French Constitution, to push the pensions reform bill through the National Assembly without a vote by lawmakers, in Nantes, France, March 16, 2023. REUTERS/Stephane Mahe 1 2 3A Reuters reporter saw cobble stones being thrown at the police, who charged to break up groups of protesters. The demonstration was across the river Seine from parliament, where Prime Minister Elisabeth Borne earlier on Thursday announced her government would push through the reform using a special constitution clause, as her minority government could not get the necessary backing from the opposition conservative Les Republicains party. Reporting by Antony Paone, writing by GV De Clercq; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.
Aviation emissions in Europe increased an average of 5% year-on-year between 2013 and 2019, according to the EU. Not surprisingly these moves have set alarm bells ringing in the aviation industry. “For many decision-makers, banning short-haul flights and showing support to the rail industry is an easy win to gain favor with the public, especially in Europe,” Montserrat Barriga, the ERA’s director general, told CNN. “Governments continue ignoring the biggest source of aviation emissions – long-haul flights, that remain unpriced and unregulated,” says T&E’s Dardenne. Better connectivity between intercity rail and airports would also reduce the need for short-haul flights.
The 24-year-old Mbappe found the back of the net two minutes into stoppage time for his 201st goal in all competitions with PSG, improving the mark he shared with Edinson Cavani. The club organised a short ceremony after the final whistle, with a big portrait of Mbappe displayed at the Parc des Princes. "It's a privilege to be a PSG player, to play in this historic shirt, for the biggest club in France." PSG got off to a dream start as Messi opened the scoring in the 12th minute with a left-footed volley form Fabian Ruiz's cross. Earlier, RC Lens's Champions League hopes suffered another knock when they were held to a 1-1 home draw in the northern derby.
March 3 (Reuters) - Paris St Germain forward Neymar will miss the next two games due to an ankle injury, coach Christophe Galtier said on Friday, ruling him out of their Ligue 1 clash with Nantes and the second leg of their Champions League last-16 tie against Bayern Munich. The reigning Ligue 1 champions, who will also be without defender Achraf Hakimi, look to overturn a 1-0 deficit in the Champions League away at Bayern Munich on Wednesday, but Galtier's priority is Saturday's fixture against Nantes. "Our squad is weakened by suspensions and injuries, we have to work our way through the league," the French manager said. "I hope the players don't have the game against Bayern on Wednesday in the back of their minds. It's important to get the third league win in a row."
Survivors could farm mushrooms on dead trees, or eat rats and insects. In order to survive, he says, people would need to adopt sunlight-free agriculture — cultivating mushrooms, rats, and insects. Vincent Kessler/ReutersWhile we're using the wood to grow mushrooms, we could use the dead trees' leaves, too, he said. Dead trees can feed other life forms, like rats and insectsRats, much like mushrooms, can digest cellulose, the sugar that makes up 50% of wood. So anything the mushrooms leave behind could be fed to the rats, Walsh suggests.
PARIS, Feb 26 (Reuters) - World Cup foes Lionel Messi and Kylian Mbappe inspired Paris St Germain to a 3-0 win at bitter rivals Olympique de Marseille on Sunday to extend their Ligue 1 lead to eight points. Third-placed Monaco slumped to a 3-0 home defeat against Nice, who prevailed thanks to a Terem Moffi double and a superb half-volley by Khephren Thuram. The result left Monaco on 50 points, ahead of fourth-placed RC Lens on goals scored after the northerners drew 1-1 at Montpellier on Saturday. Messi beautifully lifted the ball into the path of Mbappe, who volleyed home with his left foot for his 16th goal of the season in Ligue 1. PSG next face Nantes at home before travelling to Bayern Munich for their Champions League last-16 return leg after losing the first encounter 1-0 at the Parc des Princes.
PARIS, Feb 1 (Reuters) - Lionel Messi scored as Paris St Germain stretched their Ligue 1 lead to five points with a 3-1 win at Montpellier after Kylian Mbappe limped off the pitch on Wednesday. Following a lacklustre first half PSG burst into life after the break with Fabian Ruiz, Messi and Warren Zaire-Emery finding the net to put them on 51 points from 21 games. Mbappe had a night to forget at La Mosson, having had his spot-kick parried away by Benjamin Lecomte in the eighth minute. He had to take it again, only for the Montpellier keeper to deny him again. England Under-21 striker Folarin Balogun bagged a hat-trick to help Stade de Reims beat Lorient 4-2 and move top of the scorers' charts.
French workers would have to work longer before receiving a pension under the new rules — with the nominal retirement age rising from 62 to 64. Many French workers expressed mixed feeling about the government’s plan and pointed to the complexity of the pension system. For those who do not fulfil that condition, like many women who interrupted their career to raise their children or those who studied for a long time and started working late, the retirement age would remain unchanged at 67. Those who started to work early, under the age of 20, and workers with major health issues would be allowed early retirement. Protracted strikes met Macron’s last effort to raise the retirement age in 2019.
Protests in major French cities, including Paris, Marseille, Toulouse, Nantes and Nice, brought transport services to a standstill. Eight of the biggest unions had called for a “first day of strikes and protests” against pension reforms unveiled by President Emmanuel Macron’s government. Train lines across France were seeing “severe disruption,” according to French rail authority SNCF. Macron’s proposed pension reforms come as workers in France, as elsewhere, are being squeezed by rising food and energy bills. The French government has said that raising the retirement age is necessary to tackle a pension funding deficit.
Factbox: European companies cut jobs as economy sputters
  + stars: | 2023-01-17 | by ( ) www.reuters.com   time to read: +5 min
REUTERS/Stephane MaheJan 17 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. * HUSQVARNA (HUSQb.ST): the garden equipment and tools maker announced in late October it will cut 1,000 jobs, the vast majority of them related to the shift from petrol to battery-powered tools. * SIEMENS GAMESA (SGREN.MC): the Spanish wind turbine maker in late September said it plans to cut 2,900 jobs, mostly in Europe, as part of a plan to return to profitability. * CLAS OHLSON (CLASb.ST): the Swedish hardware store chain said in December it would cut about 85 full-time jobs amongst other measures to deliver cost savings and reduced depreciation. BANKS AND FINANCIALS* KLARNA: Dagens Industri reported in May the Swedish payments company would lay off about 10% of its 7,000 employees.
PSG suffer another defeat as Ligue 1 lead cut to three points
  + stars: | 2023-01-15 | by ( ) www.reuters.com   time to read: +3 min
PARIS, Jan 15 (Reuters) - Paris St Germain suffered their second defeat of the season in a 1-0 loss to Stade Rennais on Sunday as their Ligue 1 lead was slashed to three points. Despite the win, Rennes slipped down to fifth on 37 points, behind Monaco on goal difference after the principality side destroyed AC Ajaccio 7-1 earlier on Sunday with a Wissam Ben Yedder hat-trick. If we find it again it will be fine," said PSG captain Marquinhos. Midfielder Warren Zaire-Emery, 16, became the youngest player to start a Ligue 1 game for PSG and was nowhere near the Italian's level. A homophobic banner was also displayed in the stands, which will likely trigger sanctions from the French league (LFP).
[1/2] A sign with the logo of French oil and gas company TotalEnergies is pictured at a petrol station in Bouguenais near Nantes, France, November 14, 2022. REUTERS/Stephane Mahe/File PhotoPARIS, Dec 15 (Reuters) - Saudi Arabian Oil Company (Aramco) and TotalEnergies (TTEF.PA) will join forces to build a new petrochemicals complex in Saudi Arabia, the French energy group said on Thursday. The project involves investment of about $11 billion, of which $4 billion will be funded through equity by Aramco (62.5%) and TotalEnergies (37.5%), the statement said. The planned Amiral complex, integrated with the existing Saudi Arabia Total Refining and Petrochemical (SATORP) refinery located in Jubail on Saudi Arabia’s eastern coast, will be owned and operated by Aramco and TotalEnergies. The petrochemicals facility will enable SATORP to convert its refinery off-gases and naphtha, as well as ethane and natural gasoline supplied by Aramco, into higher-value chemicals.
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