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(MENAFN - AFP) France can withstand the financial shock of the Paris attacks, analysts say, despite people deserting big stores, shunning concert halls and cancelling hotel bookings.

Beyond the incalculable human cost, the experience of attacks in New York in 2001, Madrid in 2004, London in 2005, and Bombay in 2008 shows the economic impact may be fleeting.

The November ...

(MENAFN - AFP) Global stock markets pushed higher Friday to end a nervous week during which investors demonstrated a feisty resilience amid a cloud of terror.

A deadly attack on a hotel in Bamako, Mali on Friday by a jihadist group that left at least 27 dead, just one week after the devastating attacks on Paris, added to fears that Islamic extremists were seeking to exploit ...

(MENAFN - AFP) Tesla said Friday it was recalling all 90,000 of its Model S luxury electric cars sold worldwide since 2012 after discovering a security problem with seatbelts.

The front seatbelts failed to correctly fasten, but no accidents or injuries had been reported as a result, Tesla said, in a blow to its stellar reputation.

In an email to customers, Tesla said ...

(MENAFN - AFP) Standard and Poor's raised the Netherlands back to the top AAA credit rating on Friday, saying the eurozone nation's economic recovery has gained traction.

"The upgrade reflects our view of the strengthening of the economic recovery in The Netherlands, with domestic demand growing strongly as a result of increases in real disposable income, employment, and ...

(MENAFN - AFP) Toys R Us said on Friday it will remove from its shelves toy guns and other kids' toys in France that could confuse police in light of the Paris attacks.

"Toys R Us management asked its store directors in France to remove 23 toys that looked like guns and weapons," confirmed the global toy giant.

"This decision was taken in light of the Paris attacks," ...

(MENAFN - AFP) Starwood Hotels, which operates the Sheraton and Westin chains, said Friday that hackers had infected payment systems in some of its establishments, potentially leaking customer credit card data.

The hack occurred at "a limited number" of its hotels in North America, according to Starwood, whose other well-known chains include St Regis and W Hotels.

Starwood ...

(MENAFN - AFP) Dow Jones and Pearson announced Friday plans to sell their stakes in the Russian daily Vedomosti, opening the way for a local businessman to consolidate control of the few critical voices left in the Moscow press.

The agreement will see Russia's last liberal daily be put completely under Russian control and will make it more vulnerable to Kremlin pressure, ...

(MENAFN - AFP) ECB chief Mario Draghi pulled the rug out from under a rebound in the euro with a pledge to lift ultra-low inflation, while stocks markets Friday shrugged off the latest terror attack.

Speaking in Frankfurt, Draghi declared the European Central Bank's leaders will "dogo what we must" to lift inflation as quickly as possible, in a new sign it could boost its ...

(MENAFN - AFP) Masterpieces by Rubens and Tintoretto were among 15 artworks stolen 'to order' by masked robbers from a museum in Verona, the city's mayor said Friday.

Three men dressed in black entered the Castelvecchio museum in northern Italy at the evening change of guard on Thursday, tying up and gagging the site's security officer and a cashier before nabbing the paintings.

Their ...

(MENAFN - AFP) Grace can finally sleep through the night without being awakened by one of her epileptic crises since the eight-year-old Mexican girl started taking cannabis-based medicine a month ago.

Her parents have seen a marked improvement in their daughter's conditions since she became the first person authorized to take medicinal marijuana in October.

"Her reaction ...

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