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French state to pump 3 bn euros into EDF

  Paris / AFP France will pump 3 billion euros into state-controlled electricity company EDF, shareholders decided Tuesday, two days before it is expected to give the final green light to the controversial construction of two nuclear reactors in Britain. At an extraordinary meeting, shareholders approved a 4-billion increase in share capital, of which the French state, which owns 85 ...

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Britain’s RBS could charge business clients for deposits

  London / AFP British bank RBS has warned businesses they might be charged for depositing money if interest rates are lowered, a week before the Bank of England (BoE) meets to decide whether to ease its policy. “Global interest rates remain at very low levels and in some markets are currently negative. Dependent on future market conditions, this could ...

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Paramount makes EU deal to end geo-blocking of films

  AFP The European Commission on Tuesday accepted a proposal by iconic Hollywood studio Paramount to end geographic blocking of its films in licence deals with TV channels. The deal is a small step towards the EU’s dream of building a digital single market, in which the European Union’s 500 million people will no longer be blocked from subscribing to ...

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