France Welcomes Hostages Home After Three-Year Wait

Four French citizens, held hostage in North Africa by Al-Qaeda for three years, returned to their families in an emotional reunion in Paris on Wednesday. President François Hollande greeted the four men — all of them bearded, careworn, and nervous, but otherwise not visibly harmed — on the tarmac. Long-separated friends and families tearfully embraced […]

France Sells Shares of Safran, Further Sales on the Horizon

Last week, the French state sold a portion of its shares in the aeronautic equipment manufacturer Safran. In light of the successful transaction, Minister of Industrial Renewal Arnaud Montebourg announced on Friday, April 5 that this type of operation might be repeated. The French government has begun undertaking such selloffs in an effort to pay […]

French Company Areva, World Leader in Nuclear Energy, to Restart Japanese Nuclear Plants

Just a week prior to the second anniversary of the Fukushima nuclear tragedy of March 11, 2011, the CEO of Areva, the French leader company in Nuclear Energy, announced plans to restart six Japanese nuclear reactors by the end of 2013. CEO Luc Boursel declared on Monday, March 4 that the impact of this tragedy […]