France

Two dead, including child, as train hits football fans in Paris

paris, franceParis- A group of celebrating football fans were hit by a train in Paris, leaving two dead including a 10-year-old child, a railway spokesman told French radio on Sunday.

The group had apparently been celebrating Lille's victory over league leaders Lyon at the Stade de France, according to a Lille club spokesman, and got lost crossing a railway bridge in an attempt to get back to their supporters' bus.

Eleven people were injured, three seriously.

Schumacher banned for two years by UCI over Tour doping

Schumacher banned for two years by UCI over Tour dopingParis - German cyclist Stefan Schumacher was on Friday banned by the ruling body UCI for two years over doping at the 2008 Tour de France.

The UCI imposed a worldwide ban until January 20, 2011, two weeks after the French Anti-Doping Agency banned him for two years in France.

Schumacher was found using the latest generation of the blood booster EPO, known as CERA, during retests of the Tour samples after a test method for CERA was available.

Polycab Wires ties knot with Nexans to setup an Euro 60 million project

Polycab Wires ties knot with Nexans to setup an Euro 60 million projectIndia's largest cable company, Polycab Wires and Cables, has entered into an alliance with France's Nexans to set up Euro 60-million (Rs 400-crore) project near Baroda in Gujarat.

The joint venture, with its headquarters in Vadodara in the state of Gujarat, will cover the manufacturing and marketing of special cables for the shipbuilding, material handling, railways and windpower industries.

France submits official bid for Euro 2016

France submits official bid for Euro 2016 Paris - The French Football Federation (FFF) announced Thursday that it has officially submitted its bid for the right to host Euro 2016.

Federation president Jean-Pierre Escallettes, made the announcement at a press conference in Paris.

The closing date for the applications is March 9 but formal bids from Italy, Turkey and a joint bid from Norway and Sweden are also expected.

The last major tournament hosted by France was the 1998 World Cup, which the country went on to win.

AXA head warns against panic, insists his firm is sound

AXA head warns against panic, insists his firm is sound Paris - The head of French insurance giant AXA, Henri de Castries, warned Thursday against any panicking about the economic situation and also assured investors that AXA itself was in sound shape.

"We are earning money every day and have never asked anyone for help," the head of Europe's second-largest insurance group said.

AXA had more than enough net assets and it would not now be in the interest of investors to try to seek a capital increase, he said.

French unemployment rises to 7.8 per cent

Paris - The number of unemployed in France rose to 2.2 million in the fourth quarter 2008 on a seasonally adjusted basis, the French statistics office INSEE reported on Thursday in Paris.

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