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Alcatel-Lucent chief defends 14-mn-euro payout

Last Updated: Monday, August 31, 2015, 23:06

The head of telecoms equipment maker Alcatel-Lucent rejected government pressure Monday to renounce bonuses which could see him receive around 14 million euros (USD 15.7 million) as part of its buyout by rival Nokia.

Nokia close to buying Alcatel's mobile networks unit: Report

Last Updated: Tuesday, April 14, 2015, 09:19

Finland`s Nokia Oyj is close to a deal to buy Alcatel-Lucent`s mobile networks unit to boost its core business especially in the United States and China, Les Echos newspaper reported on Monday.

France cancels $69 million debt owed by Mali

Last Updated: Friday, April 10, 2015, 21:54

France has cancelled $68.7 million (64.8 million euros) in debt owed by Mali, a west African former colony where French forces have helped fight off Islamist militants.

Seychelles signs up for WTO entry

Last Updated: Wednesday, March 25, 2015, 20:45

The Seychelles on Wednesday sealed its entry to the World Trade Organization, the Geneva-based body whose 160 members set the rules of global commerce.

France won't write-off Greek debt

Last Updated: Monday, February 2, 2015, 07:37

France said Sunday that it would not write off Greece's debt, though French Finance Minister Michel Sapin proposed to discuss ways to reduce the debt burden.

EU unveils long-awaited reform of 'too-big-to-fail' banks

Last Updated: Wednesday, January 29, 2014, 18:22

The EU unveiled long-awaited plans to rein in the "too-big-to-fail" banks Wednesday in what the bloc said was the final step towards preventing a repetition of the 2008 banking crisis.

US urges Central Africa to pick leaders with `integrity`

Last Updated: Thursday, January 16, 2014, 08:07

The United States has called for Central African Republic to hold a transparent vote to choose a new interim president, who could usher in a new period of stability.

Haiti marks fourth anniversary of quake that killed 250,000

Last Updated: Monday, January 13, 2014, 09:29

Haiti marked four years yesterday since a violent earthquake shattered the impoverished nation, which is still struggling to recover from the widespread devastation that killed 250,000 people.

Violence erupts in Bangui after resignation of ex-rebel leader

Last Updated: Sunday, January 12, 2014, 04:26

Deadly violence including reports of cannibalism and widespread looting erupted in the capital of the Central African Republic after the resignation of its ex-rebel president, who left to Benin Saturday.

CAR`s former President Michel Djotodia seeks exile in Benin

Last Updated: Sunday, January 12, 2014, 03:34

Central African Republic`s (CAR) interim President Michel Djotodia who recently resigned after failing to halt the deadly inter-religious violence in the country sought exile in Banjui.

Before Ariel Sharon: Some lengthy comas

Last Updated: Saturday, January 11, 2014, 21:59

Former Israeli prime minister Ariel Sharon, who died aged 85 Saturday, had been in coma for eight years after suffering a massive stroke.

Celebrations in Central African Republic as leader resigns

Last Updated: Saturday, January 11, 2014, 19:23

Central African Republic`s interim leaders caved in to international pressure and resigned after failing to halt violence, prompting street celebrations but also questions over who would take charge.