Profits

French banking giant SocGen to cut 1,000 jobs
SOCIÉTÉ GÉNÉRALE

French banking giant SocGen to cut 1,000 jobs

Lift-off for Air France-KLM profits
AIR FRANCE

Lift-off for Air France-KLM profits

Air France-KLM reported on Wednesday that it had exceeded third-quarter expectations with a net profit of €308 million ($399 million) owing to higher passenger traffic and favourable exchange rates.

EADS profits nosedive for first half of 2011
BUSINESS

EADS profits nosedive for first half of 2011