Soc Gen rogue trader Kerviel loses appeal
Published: 24 Oct 2012 13:58 GMT+02:00
Updated: 24 Oct 2012 13:58 GMT+02:00
A French court rejected an appeal Wednesday by rogue trader Jérôme Kerviel against the three-year jail term and €4.9 billion fine he got in a fraud case that nearly ruined Société Générale bank.
The Paris court upheld the five-year jail sentence Kerviel got in 2010, two of which were suspended, and confirmed that he was obliged to pay back the billions his gambles cost the bank.
Workers at a vacuum factory in France have threatened to blow it up. Photo: Martin Bureau/AFP
With boss-napping apparently a passé option, French workers angry over planned layoffs at a vacuum factory have threatened to blow up the factory where they work.
Paris has created a new app that is meant to make finding a cab a bit easier. Photo: AFP
Paris will roll out its brand new smartphone app on Wednesday which is supposed to make the sometimes impossible task of hailing a taxi in the French capital a little easier. But will it be of any use?
It'll likely be harder than usual to find an open pharmacy in France. Photo: Philippe Huguen/AFP
All but a handful of pharmacies in France will be closed on Tuesday as part of a nationwide strike against government plans to weaken the monopolies held by self-employed professionals like lawyers, doctors and notaries.
PSG coach Laurent Blanc says his side will stick to their footballing principles against Barcelona. Photo: Franck Fife/AFP
PSG coach Laurent Blanc said his team will play to win against Spanish giants Barcelona when they meet in the Champions League Group F clash in Paris on Tuesday. Blanc's side however will have to do without the injured Zlatan Ibrahimovic.
Guest blog - French tax breaks
Setting up a company in France might not mean the tax burden that you had imagined. Photo: Shutterstock
The words "France" and "taxes" are as synonymous as "pain" and "chocolat" but when it comes to setting up a company in the country, guest blogger Katya Puyraud, from Euro Start Entreprises says things are not as bad as they seem at first. And the paperwork is a positive!
France's public debt has now passed the two trillion mark, officially. Photo: AFP
The depressing figures for the French economy just keep on coming. On Tuesday it was revealed that the country's public debt had passed the symbolic two trillion mark. In real numbers that's €2,000,000,000,000.
IN IMAGES - Floods
The southern French city of Montpellier has been left under water by the floods. Photo: Sylvain Thomas/AFP
Parts of southern France were once again hit by devastating floods on Monday that left the city of Montpellier under water and a state of natural disaster declared in around 60 towns and villages. Here are some videos and images.
A British driver got caught going really fast on a French motorway and he's not the first. Photo: AFP
It took French cops a full 10 kilometres to catch up to a Briton as he cruised along at 219 km/h on a motorway this weekend. He's done nothing to improve the speed demon rep of British drivers in France.
Nasty storms in southern France have prompted the country's top weather warning. Photo: Philippe Huguen/AFP
French meteorologists have issued a red alert - the maximum warning - to residents in southern France due to heavy storms and the threat of flash flooding. Four people were killed in raging flood waters in the same area two weeks ago.
The French are well known for lending words from the English language but Anglos have proven just as willing to adopt Gallic words and have even reinvented a few. Here are 15 'French' words in English that the French themselves may not quite understand.