France

Major French telecom groups are applying for 4G mobile spectrum auction

France will soon get a boost in internet speed as its telecoms regulator ARCEP announced on Tuesday that it had received applications for the upcoming 4G mobile spectrum auction.

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Facebook announced 360-degree video support

Facebook introduces the 360-degree video. It is a new feature which will let you roll videos in any angle. The new feature will be accessible first on the web and Android devices.

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Polish mobile networks Plus and Play against government's plan to shorten high-speed internet bidding period

Polish mobile network operators Plus and Play are for the scraping of the government's plan to shorten the bid period for the high-speed Internet frequencies for fear that it would penalize some bidders.

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Disruptive Legislation: France re-examines taxi law amid Uber's rise

France is rethinking its taxi laws with the rising demand for Uber and other online ride-hailing services. France's Economy Minister Emmanuel Macron says key players are meeting next month to re-examine the industry's economic model.

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First big performance update for Alcatel OneTouch IDOL 3 is on its way

Alcatel's most recent flagship smartphone, the OneTouch Idol 3 is set to receive its very first and big performance update soon. Alcatel OneTouch Idol 3 is deemed to be a solid contender for OnePlus One.

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U.S. to press China on currency, eye on AIIB: official

U.S. officials will press their Chinese counterparts on currency policy at high-level talks next week, and have not taken off the table the possibility that the United States may one day join a China-led infrastructure bank, a senior U.S. Treasury official said.

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Samsung partners with Sigfox for Internet of Things

Samsung, the technology giant has announced its undisclosed amount of investment in France-based start up Sigfox, which has recently raised $115 million mega round in venture capital.

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Toy retailer FAO Schwarz to close flagship New York City store

FAO Schwarz, the oldest toy store in the United States and a retailer once considered accessible only to the rich, is closing its much-loved Fifth Avenue flagship store in Manhattan, citing rising rent prices.

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Russia wants 1.163 billion euros from France for ending Mistral deal: source

Russia wants 1.163 billion euros ($1.32 billion) from France in compensation for cancelling a contract to deliver two Mistral helicopter carriers, a Russian source close to the negotiations said on Friday.

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France ready for swift EU reform proposals from Cameron

France sees plenty of scope for Britain to meet its demands for EU reform without changing its treaties, and is ready to discuss the question sooner rather than later, the French European affairs minister told Reuters.

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Euro zone economy picks up pace but Germany lags

A slowdown in Germany weighed on the euro zone in the first quarter, but the bloc's economy still grew at its fastest in almost two years as cheap food and fuel boosted spending and a central bank stimulus program kicked in.

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Global stocks rise, German yields dip before bond sale

European and Asian shares advanced on Wednesday as expectations of further monetary stimulus in China offset another mixed bag of data from some of the world’s major economies.

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Swiss economy defies doomsayers, weathers franc shock

When the Swiss central bank abandoned its cap on the franc back in January, corporate Switzerland warned of an economic "tsunami" that would hit exports, hammer jobs and plunge the Alpine nation into a deep recession.

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Stocks swept lower as bonds, dollar struggle to steady

World financial markets were unsettled again on Thursday as a week-long sell-off in benchmark government bonds, stocks and the dollar, and a race up in oil prices, was compounded by UK election uncertainty.

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China wine growers beat France into second place

China overtook France last year as the world's second largest wine grower by area under cultivation as it continued to plant vast fields of mostly imported grape vines to meet growing demand.

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