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(MENAFN - AFP) High-speed cross-Channel train operator Eurostar said Tuesday it will launch direct services from London to the southern French port city of Marseille from May 1 next year.

The train will make stops at Lyon in eastern France and Avignon. It will take four and a half hours to Lyon, six hours to Avignon and about six hours and 15 minutes to Marseille.

Lyon ...

 
(MENAFN - AFP) French telecom group Orange reported a near one-third plunge in net profit in the first half of the year but stood by its targets for the whole of 2014.

The group, formerly France Telecom and caught in a mobile-phone price war and restructuring of the entire French telecoms sector, said it had cut its costs and steadied underlying performance.

Net profit ...

 
(MENAFN - AFP) French car giant Renault on Tuesday reported first-half net profits nearly 20 times better than during the slump of last year as European sales offset weaker growth in emerging markets.

Renault reported net profits of 749 million euros ($1 billion) in the first six months of the year, compared to a meagre 39 million euros it achieved in the first half of 2013 ...

 
(MENAFN - AFP) Europe's stock markets edged higher on Tuesday in subdued deals, as traders eyed the prospect of more EU sanctions on Russia over the Ukraine crisis.

London's benchmark FTSE 100 index climbed 0.28 percent to stand at 6,806.92 points in late morning deals in the capital.

In Paris, the CAC 40 increased 0.11 percent to 4,349.41 points and Frankfurt's DAX ...

 
(MENAFN - AFP) China is investigating Microsoft for allegedly operating a monopoly in its market, the government said Tuesday, as it took aim at the US software giant over business practices.

The move makes the company the latest foreign firm to face Beijing's scrutiny, in fields from computing to baby milk.

"According to legal regulations, the SAIC (State Administration ...

 
(MENAFN - AFP) Oil giant BP warned on Tuesday that more sanctions on Russia over the Ukraine crisis could "adversely impact" its activities, and posted a quarterly profit leap aided by its stake in Rosneft.

BP said that it had been unaffected so far by US sanctions imposed on Russia, reporting a two-thirds boost to second-quarter net profits from the equivalent figure last ...

 
(MENAFN - AFP) Amid a public mood of nostalgia for a vanished Soviet empire, Russia is marking the 100th anniversary of the birth of the Soviet leader Yuri Andropov with exhibitions and documentaries that gloss over his harsh treatment of dissidents.

President Vladimir Putin lionised Andropov, who died in 1984, as "a man of talent with great abilities" in a message read out ...

 
(MENAFN - AFP) Hong Kong's student activists have become local celebrities thanks to televised confrontations with officials as they demand reform - but their frustration with the city's wider democracy movement is growing over fears of compromise with Beijing.

Public discontent in Hong Kong is at its highest for years, with heightened concern over perceived interference ...

 
(MENAFN - AFP) During the two decades Daniel Gomez spent in the cigarette business at Philip Morris in Uruguay, he never imagined he would one day be promoting and enforcing anti-tobacco laws.

But when the tobacco giant pulled out of Uruguay amid a dispute over a strict smoking crackdown, Gomez and seven coworkers reinvented themselves as anti-tobacco police, joining a government ...

 
(MENAFN - AFP) Deutsche Bank, Germany's biggest lender, said on Tuesday its net profits in the second quarter of the year had fallen by 29 percent, due mainly to a heavier tax bill.

The Frankfurt-based banking giant said its net profits came to 237 million euros ($318 million) compared to 334 million euros in the same period last year.

The profit figure was considerably ...

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