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Search resuls for: "Benoit Van Overstraeten"


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☆ Gucci's creative director Michele is exiting the brand - WWD
  + stars: | 2022-11-23 | by ( ) www.reuters.com   time to read: +1 min
PARIS, Nov 23 (Reuters) - Creative director Alessandro Michele is leaving Italian fashion house Gucci, the biggest brand of French luxury group Kering (PRTP.PA), Women's Wear Daily (WWD) reported late on Tuesday. Well-placed sources here say that creative director Alessandro Michele is exiting the brand," WWD said in a report from MilanA statement was expected as early as Wednesday, it added. Both Kering and Gucci declined to comment the WWD report. Gucci has been successfully revamped with a bold new style since Michele took over the top creative role at Gucci in January 2015. Reporting by Dominique Vidalon, Silvia Aloisi and Piotr Lipinski; Editing by Benoit Van OverstraetenOur Standards: The Thomson Reuters Trust Principles.
☆ Atos in talks to sell Italian unit to Lutech
  + stars: | 2022-11-17 | by ( Joyce Lee | Soo-Hyang Choi | ) www.reuters.com   time to read: +1 min
PARIS, Nov 17 (Reuters) - Atos (ATOS.PA), under pressure from investors to boost profitability and its share price, said on Thursday it had entered into exclusive negotiations with Italian engineering company Lutech to sell its Italian unit for cash. The proposed transaction accounts for 2% of the group's total revenue in 2021, Atos said in a statement. The deal would be part of a 700 million euro asset sale programme Atos is undertaking to finance its turnaround plan, which entails splitting the group in two separate entities. Atos has already sold its remaining stake in French payments services company Worldline (WLN.PA) for 220 million euros. With the expected sale of the Italian unit, two thirds of the asset sales would be completed, Atos said.
☆ NATO's Stoltenberg warns against underestimating of Russia
  + stars: | 2022-11-14 | by ( ) www.reuters.com   time to read: +1 min
Earlier on Monday, Ukrainian President Volodymyr Zelenskiy visited the newly recaptured southern city of Kherson in what marked Russian President Vladimir Putin's third major setback since the start of the war in February. "We should not make the mistake of underestimating Russia. Echoing U.S. Secretary of State Antony Blinken's comments over the weekend, Stoltenberg said it was up to Ukraine to decide when and how it wanted to negotiate with Russia to end the war. So it is for Ukraine to decide what kind of terms are acceptable for them," he said. "What happens around the table is fundamentally linked to the situation on the battlefield," Stoltenberg said.
☆ France's Macron: sale of European strategic infrastructure to China was an error
  + stars: | 2022-10-21 | by ( ) www.reuters.com   time to read: 1 min
BRUSSELS, Oct 21 (Reuters) - French President Emmanuel Macron said on Friday that the European Union had to re-think its trade dialogue with China, calling for a more even playing field between the two commercial power houses. "We have made strategic errors in the past with the sale of infrastructures to China," Macron said at the end of two-day EU summit which had EU-China ties on its agenda. Register now for FREE unlimited access to Reuters.com RegisterReporting by Benoit Van Overstraeten; Editing by Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.
☆ Strike at TotalEnergies Donges refinery, western France, lifted - union
  + stars: | 2022-10-19 | by ( ) www.reuters.com   time to read: 1 min
Companies TotalEnergies SE FollowPARIS, Oct 19 (Reuters) - Workers have decided to end the industrial action at TotalEnergies' (TTEF.PA) Donges refinery, a CGT trade union representative told journalists on Wednesday. Several French media also reported a strike at another site of the company's Gonfreville refinery in northern France was continued. (This story has been refiled to fix typographical error in the headline)Register now for FREE unlimited access to Reuters.com RegisterReporting by Benoit Van Overstraeten; Editing by Tassilo HummelOur Standards: The Thomson Reuters Trust Principles.
☆ People of Ukraine awarded EU's Sakharov Prize For Freedom of Thought
  + stars: | 2022-10-19 | by ( ) www.reuters.com   time to read: +1 min
BRUSSELS, Oct 19 (Reuters) - The European Parliament awarded the people of Ukraine on Wednesday its annual Prize for Freedom of Thought, in support of Ukraine's fight against Russia's invasion that started Feb. 24, which Russia calls a "special military operation". The award comes with prize money of 50,000 euros ($49,100) prize money, which will be granted to civil society representatives. The Sakharov Prize for Freedom of Thought, named after Soviet dissident Andrei Sakharov, has been awarded annually since 1988 to individuals and organizations defending human rights and fundamental freedoms. Other past winners include South African President Nelson Mandela, Pakistani education activist Malala Yousafzai and Belarus’ democratic opposition. Register now for FREE unlimited access to Reuters.com RegisterReporting by Charlotte Van Campenhout, Benoit Van OverstraetenOur Standards: The Thomson Reuters Trust Principles.
☆ France probes murder of 12-year-old girl in Paris
  + stars: | 2022-10-18 | by ( ) www.reuters.com   time to read: +1 min
The suspect was a woman under 25 who had been staying in France illegally, he said. She regularly came over on to our national territory as a student. About a month ago, she was told to leave our national territory," Darmanin told RTL radio. The Paris prosecutor's department said the girl's body was discovered late on Friday near her home in the 19th Arrondissement. Lawyer Alexandre Silva, representing the suspect, told BFM TV that he could not comment on the case.
☆ France begins nationwide strike amid soaring inflation
  + stars: | 2022-10-18 | by ( Juliette Jabkhiro | ) www.reuters.com   time to read: +3 min
French students block the entrance of the Lycee Montaigne high school to protest as part of a nationwide day of strike in Paris, France, October 18, 2022. REUTERS/Gonzalo FuentesPARIS, Oct 18 (Reuters) - French trade unions began a nationwide strike on Tuesday, asking for higher salaries amid decades-high inflation and posing President Emmanuel Macron one of his stiffest challenges since his reelection in May. French public railway operator SNCF said that traffic on local connections was down 50% but that there were no major disruptions on national lines. Civil service workers' unions have also called for joining Tuesday's strike, with possible disruptions in schools and other public facilities. The leader of hard-left party La France Insoumise (France Unbowed), Jean-Luc Melenchon, marched alongside this year's Nobel Prize winner for Literature, Annie Ernaux.
☆ French energy minister: No more requisitions planned for now in refinery strike
  + stars: | 2022-10-14 | by ( ) www.reuters.com   time to read: 1 min
PARIS, Oct 14 (Reuters) - The French government does not plan to issue more back-to-work orders at this stage amid strikes affecting refineries and storage sites, French Energy Minister Agnes Pannier-Runacher said on Friday, adding that the ongoing labour disputes now needed to be solved as fast as possible. One in three petrol stations in the country is struggling with supplies as a result of strikes which have been dragging one several weeks. The French government have launched requisition proceedings at two petrol depots this week to get supply flowing again. Register now for FREE unlimited access to Reuters.com RegisterReporting by Tassilo Hummel; Editing by Benoit Van OverstraetenOur Standards: The Thomson Reuters Trust Principles.
☆ France's CGT union extends strikes at TotalEnergies as petrol crisis drags on
  + stars: | 2022-10-14 | by ( ) www.reuters.com   time to read: +3 min
"We have seen a masquerade ... the offers on the table are clearly insufficient", CGT representative Alexis Antonioli told journalists after his union left the talks. But this does not mean the strikes may end anytime soon as the standoff with the union persists. The CGT previously said it wanted a 10% wage rise, citing inflation and windfall profits made by the company resulting from the global energy crisis. "The company is in good shape and shareholders have been rewarded for a long time," Philippe Martines, the head of the CGT union, told franceinfo radio. The CGT union, France's second-largest, is seeking to scale up the movement and calls for nationwide industrial action across sectors which could hamper parts of the country's infrastructure this autumn.
☆ Government threatens further requisitioning as strikes at TotalEnergies continue
  + stars: | 2022-10-13 | by ( ) www.reuters.com   time to read: +2 min
Register now for FREE unlimited access to Reuters.com RegisterTotalEnergies said in a statement on Thursday the conditions to hold wage talks with all unions were not in place as the various blockades continue. French Finance Minister Bruno Le Maire told RTL radio TotalEnergies had "the possibility and therefore the duty" to raise wages, adding the company had "come late" in starting talks with unions after making large profits. A representative of the union's branch at Esso France (XOM.N) had said on Wednesday the walkouts which block two refineries would also continue. Two weeks into the strikes which reduced France's petrol output by over 60%, still one in three petrol stations is still struggling with supplies. Register now for FREE unlimited access to Reuters.com RegisterReporting by Tassilo Hummel; Editing by Benoit Van OverstraetenOur Standards: The Thomson Reuters Trust Principles.
☆ France starts forced return to work at fuel depot in showdown with union
  + stars: | 2022-10-12 | by ( Forrest Crellin Dominique Vidalon | Forrest Crellin | Dominique Vidalon | ) www.reuters.com   time to read: +4 min
CGT trade union flag flutters as tyres set on fire by demonstrators burn in front of the ExxonMobil oil refinery, in Port-Jerome-sur-Seine, France, October 12, 2022. The government said it was requisitioning some staff at the Gravenchon-Port Jerome depot run by Exxon's (XOM.N) Esso France business, where the hardline CGT union remains on strike despite an agreement between management and other unions over pay. Refinery and fuel depot stoppages in France are among the longest since the cost-of-living crisis sparked labour unrest across Europe. "In view of a strike by part of the Port-Jerome staff, in Normandy, the government launches the requisition of staff necessary to operate the depot. The strike at TotalEnergies' French refineries resumed across all sites on Wednesday, the CGT said.
☆ Maintenance on five French nuclear reactors delayed over strike
  + stars: | 2022-10-12 | by ( ) www.reuters.com   time to read: +1 min
PARIS, Oct 12 (Reuters) - A representative of France's FNME trade union said on Wednesday that some workers at EDF's (EDF.PA) nuclear plants resumed their strike over salaries, delaying maintenance work on at least five reactors, including the Bugey facility. The strike is not reducing power supply at active reactors, FNME said. FNME representative official Viginie Neumayer told Reuters the union sent a message of support to striking workers at refineries and petrol depots owned by oil giants TotalEnergies (TTEF.PA) and Exxon Mobil (XOM.N). Register now for FREE unlimited access to Reuters.com Register"The threat of requisition which is above all a sign of government feverishness has never demonstrated its effectiveness in getting out of this conflict," Neumayer said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Forrest Crellin; Editing by Benoit Van Overstraeten, Robert BirselOur Standards: The Thomson Reuters Trust Principles.
☆ Eutelsat sees OneWeb merger boosting yearly sales to $2 bln by 2027
  + stars: | 2022-10-12 | by ( ) www.reuters.com   time to read: +2 min
SummarySummary Companies Q1 sales fall by 4.5% on like-for-like basisSees tie-up with OneWeb boosting yearly sales, profitsConfirms full-year targetsPARIS, Oct 12 (Reuters) - Eutelsat Communications (ETL.PA), the world's third-biggest satellite operator by revenue, said on Wednesday it expected its planned tie-up with Britain's OneWeb to boost annual sales to 2 billion euros ($1.95 billion) by 2027. The French group expects annual sales to amount to about 1.2 billion euros in 2023, following the finalisation of the deal. The group's first-quarter sales fell by 4.5% on a like-for-like basis to 287 million euros, it said on Wednesday. It said the decline in sales matched its own targets and it confirmed its full-year targets, including an annual adjusted discretionary free cash flow of 420 million euros. ($1 = 1.0283 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Mathieu Rosemain; Edited by Benoit Van Overstraeten and Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.
☆ France orders some fuel staff back to work to tackle refineries strike
  + stars: | 2022-10-11 | by ( Benoit Van Overstraeten Richard Lough | Benoit Van Overstraeten | Richard Lough | ) www.reuters.com   time to read: +4 min
Management at Exxon Mobil's (XOM.N) Esso France reached a deal with a majority of unions on Monday, but not the CGT. "I have therefore asked the prefects, as permitted by law, to requisition the personnel needed to the functioning of the company's depots," she said, referring to Esso France. SHORTAGES1/5 People gather during a TotalEnergies and Esso ExxonMobil workers' protest outside Esso refinery in Fos-Sur-Mer, France October 11, 2022. Esso France said it had reached a salary deal with unions on Monday. Even so, the CGT said it had not signed off on the deal, and its workers remained on strike.
☆ French government ready to intervene to lift refineries blockade - ministers
  + stars: | 2022-10-11 | by ( Benoit Van Overstraeten | ) www.reuters.com   time to read: +2 min
A flag of French CGT labour union flutters as workers on strike gather in front of the TotalEnergies oil refinery in Gonfreville-l'Orcher, France, October 5, 2022. REUTERS/Benoit TessierPARIS, Oct 11 (Reuters) - The French government stands ready to intervene to break the deadlock in the weeks-long refinery strike that have left a third of the country's fuel stations running short, government ministers said on Tuesday. "We must find an agreement in the coming hours," French Finance Minister Bruno Le Maire told French radio. Both Le Maire and French government spokesman Olivier Veran added the government could intervene to end the blockades. Register now for FREE unlimited access to Reuters.com RegisterReporting by Benoit Van Overstraeten; Editing by Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.
☆ European weapons manufacturers scramble to adapt to wartime demand
  + stars: | 2022-10-11 | by ( Benoit Van Overstraeten | ) www.reuters.com   time to read: +4 min
NATO Secretary General Jens Stoltenberg said the alliance has started dialogue with industry and allies on how to boost production and replenish weapons stocks. Register now for FREE unlimited access to Reuters.com RegisterHe told a news conference that defence ministers would take decisions to increase stockpiles. Nicolas Chamussy, chief executive of French defence firm Nexter, said industry had to respond to a dramatic increase in EU demand for military equipment, while production capacities were designed for peace time. Last Friday European Union leaders agreed to give more financial and military aid to Ukraine. Ukrainian President Volodymyr Zelenskiy will ask the leaders of the G7 group of nations to urgently supply Ukraine with air defence weapons.
☆ French MPs want inquiry into alleged Russian party financing
  + stars: | 2022-09-24 | by ( ) www.reuters.com   time to read: +1 min
PARIS, Sept 24 (Reuters) - Members of the French National Assembly said on Saturday they had asked the president of the lower house of the country's parliament to set up an investigation committee to look into alleged Russian financing of political parties. The eight MPs, who belong to French President Emmanuel Macron's En Marche party, also noted that Marine Le Pen's far-right Rassemblement National party is still paying off a loan granted by Russian banks. Register now for FREE unlimited access to Reuters.com Register"These facts clearly suggest a Russian will to weigh in the French public debate ... they warrant the set-up of an investigation committee to establish if French political parties - and which ones - have benefited from Russian financing," the MPs wrote. However the official did not detail which countries the Russian influence efforts were believed to have targeted or provide specific evidence to lay out the claims of secret financing. Register now for FREE unlimited access to Reuters.com RegisterReporting by Tangi Salaun; Writing by Benoit Van Overstraeten; Editing by David HolmesOur Standards: The Thomson Reuters Trust Principles.
☆ France's Schneider to buy remaining Aveva shares in 31 pounds/share offer
  + stars: | 2022-09-21 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterThe logo of Schneider Electric is seen outside a company building in Nantes, France, September 20, 2022. Schneider said its offer of 31 pounds represented a premium of around 41 percent to Aveva's closing share price of 21.92 pounds on August 23 - before Schneider first stated its intentions to consider a full buyout. It took majority control of Aveva in 2017 in a reverse takeover that enabled the British company to retain its London listing. Schneider added that any interim dividend of up to 13 pence per AVEVA Share would still be paid to AVEVA Shareholders without any reductions. ($1 = 0.8809 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by Benoit Van Overstraeten and Paul Sandle; Editing by GV De Clercq/Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.
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