France

Polycab Wires ties knot with Nexans to setup an Euro 60 million project

Polycab Wires ties knot with Nexans to setup an Euro 60 million projectIndia's largest cable company, Polycab Wires and Cables, has entered into an alliance with France's Nexans to set up Euro 60-million (Rs 400-crore) project near Baroda in Gujarat.

The joint venture, with its headquarters in Vadodara in the state of Gujarat, will cover the manufacturing and marketing of special cables for the shipbuilding, material handling, railways and windpower industries.

France submits official bid for Euro 2016

France submits official bid for Euro 2016 Paris - The French Football Federation (FFF) announced Thursday that it has officially submitted its bid for the right to host Euro 2016.

Federation president Jean-Pierre Escallettes, made the announcement at a press conference in Paris.

The closing date for the applications is March 9 but formal bids from Italy, Turkey and a joint bid from Norway and Sweden are also expected.

The last major tournament hosted by France was the 1998 World Cup, which the country went on to win.

AXA head warns against panic, insists his firm is sound

AXA head warns against panic, insists his firm is sound Paris - The head of French insurance giant AXA, Henri de Castries, warned Thursday against any panicking about the economic situation and also assured investors that AXA itself was in sound shape.

"We are earning money every day and have never asked anyone for help," the head of Europe's second-largest insurance group said.

AXA had more than enough net assets and it would not now be in the interest of investors to try to seek a capital increase, he said.

French unemployment rises to 7.8 per cent

Paris - The number of unemployed in France rose to 2.2 million in the fourth quarter 2008 on a seasonally adjusted basis, the French statistics office INSEE reported on Thursday in Paris.

Nicholas Sarkozy eager for adoption

Carla BruniFrench First Lady Carla Bruni - Sarkozy desperately wants to start a family with her husband, President Nicholas Sarkozy. In an interview with French publication La Figaro, Bruni-Sarkozy - who has a seven year old son from a previous relationship - says, "I would like that, but I don't know if at my age it would be possible.

If it's not biologically possible, I'll adopt one. I'm not obsessed by blood ties. I think you can build a powerful bond without that. "So I'd love to have a child, but I'm not going to fight against nature.

Doctors Without Borders ordered to pull staff out of Darfur

Doctors Without Borders ordered to pull staff out of Darfur Paris  - The humanitarian group Doctors Without Borders said Wednesday evening in Paris that it has pulled 70 staff members out of the Darfur conflict region of Sudan on the orders of the Khartoum government.

"We were ordered in writing a few days ago to withdraw for security reasons international workers from several locations by Wednesday," a spokeswoman for the group said.

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