France News
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Alcatel-Lucent SA Chief Executive Officer Michel Combes plans to sell at least 1 billion euros ($1.3 billion) of assets and reduce costs by another 1 billion euros to stem losses and focus on businesses including ultra- high speed Internet.
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European stocks were little changed as investors awaited the conclusion of the Federal Reserve’s policy meeting for indications on stimulus measures. U.S. index futures were also little changed, while Asian shares rose.
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Muamar Orabi can tell Secretary of State John Kerry how hard it is to make progress in the Holy Land. The top U.S. diplomat has been pushing since February to restart Israeli-Palestinian peace talks. Orabi is just trying to broadcast news reports in the Palestinian territories.
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Food companies, facing increased scrutiny over the potential cancer risks of baked and fried products in the $80 billion crackers and cookies market, are bingeing on enzymes used to reduce the level of toxins.
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