Paris

Energy agency again downgrades 2009 global oil demand due to slump

Energy agency again downgrades 2009 global oil demand due to slump Paris - Worse-than-expected prospects for the world economy has prompted the International Energy Agency (IEA) to again revise downward global oil demand for 2009. In its Monthly Oil Report, issued Friday in Paris, the IEA said that "after a flurry of downward adjustments by both public and private forecasters," oil demand for 2009 has been revised down by 1 million barrels per day, to 83.4 million barrels per day.

This is a drop of 2.8 per cent compared to 2008, the IEA said.

Armstrong could face sanction from French ant-doping authorities

Armstrong could face sanction from French ant-doping authorities Paris  - Lance Armstrong could face punishment by the French anti-doping agency (AFLD) over his behaviour during a doping test last month in southern France.

Samples taken from the seven-time Tour de France winner on March 17 in Beaulieu-sur-mer returned negative but it is alleged that he may have violated the AFLD's rules regarding observation due to his lack of cooperation with the tester.

The 37-year-old Astana rider made the AFLD accredited doctor wait 20 minutes before allowing him take a blood, hair and urine sample.

French "boss-napping" succeeds, workers to get more redundancy pay

Police kill Paris sniperParis- French workers for a British adhesives maker who held their managers hostage were granted twice as much redundancy pay as had been offered before the boss-napping, France Info radio reported Thursday.

The 68 employees at the factory in the south-eastern French town of Bellegarde have will now receive 1.7 million euros (2.27 million dollars) in redundancy payments by the British group Scapa after they held captive four managers who had come to negotiate the shutdown of the site.

More than half the world's workers have no contract, social security

More than half the world's workers have no contract, social security Paris  - With mass layoffs becoming more common as a result of the economic crisis, more and more workers around the world are forced to take jobs without a contract and any social security, the Organization for Economic Cooperation and Development (OECD) said Wednesday in Paris.

According to a new OECD study, some 1.8 billion people, or more than half the world's labour force, now find themselves in this precarious situation.

French workers take managers hostage - again

French workers take managers hostage - again Paris - Workers at a French factory producing industrial adhesives have taken hostage a number of executives to protest the planned closing of the site, the daily Le Progres reported Wednesday.

The standoff began on Tuesday, when the representatives of management of the Scapa group, which owns the factory, traveled to the site in the south-eastern town of Bellgarde-sur-Valserine to discuss the conditions of the closure.

McLaren-Mercedes could face further sanctions over Melbourne

McLaren-Mercedes could face further sanctions over Melbourne Paris - Formula One team McLaren-Mercedes will have to could face further sanctions over the incident in Melbourne in which Toyota driver Jarno Trulli was first penalized for overtaking McLaren's Lewis Hamilton.

The sports governing body FIA said Tuesday that McLaren would have to appear before an extraordinary meeting of the FIA World Motor Sport Council in Paris on April 29.

Trulli, who finished third, was penalized 25 seconds for overtaking in a safety car phase and Hamilton, who placed fourth, was bumped up to third as a result.

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