French president meets rival German and US bidders for Alstom

French president François Hollande met rival German and US bidders for Alstom, one of France's prime industrial assets, on Monday amid concerns that the company will fall into American hands.

Peugeot Citroen outlines recovery plan

Struggling French carmaker PSA Peugeot Citroen has announced a major recovery plan after recording net losses of 7.2bn euros ($10bn; £5.9bn) over the past two years.

France sells stake in jet engine firm Safran

The French government is selling a 3.6% stake in jet engine maker Safran worth 937m euros ($1.3bn).

France won't force companies to cap executive pay

PARIS: The French government is trying to woo executives and entrepreneurs, amid concerns that it has antagonized the businesses needed to reinvigorate the economy.

France calls for report on tax-dodging by multinationals

PARIS (Reuters) - The French government has asked for a report that will outline ways to stop multinational companies dodging taxes, a practice that indirectly stifles local companies, culture minister Aurelie Filippetti said.

ArcelorMittal cuts $4.3bn from value of Europe business

Steel giant ArcelorMittal is to write down the value of its European business by about $4.3bn (£2.6bn) because of the economic downturn on the continent.

EADS and BAE: Bosses urge political support for merger

The bosses of BAE Systems and EADS have issued a joint appeal for support for their proposed $45bn (£28bn) merger.

Sarkozy wants Internet giants like Google, Facebook, Twitter to pay tax in France

PARIS: French President Nicolas Sarkozy said on Wednesday he wants "Internet giants" to pay tax in France, shortly before he was due to meet the founder of the micro-blogging site Twitter.