Business

Business

China’s ZTE headed to court

Lawyers for ZTE Corp have been summoned to U.S. federal court in Texas. This is for a hearing over whether the Chinese telecommunications equipment maker violated

Business

France’s AXA doubles 2021 profit

Axa reported a profit that more than doubled from last year. This is with the French insurer recovering from pandemic related claims. Mainly during the

Business

Air France KLM ready to move

Air France-KLM has gained shareholder approval for its proposed capital increase. French financial newspaper Les Echos reported that it is ready to move swiftly. The

Business

Russian bonds would weather sanctions

Any tightening of western sanctions on an already stressed Russian domestic bond market would make borrowing more expensive for the government. A deputy finance minister

Business

EDF hit by cap on power prices

The French government said that it had ordered state-owned utility EDF. This is to sell more of its cheap nuclear power to smaller competitors. So