French and Benelux stocks-Factors to watch

Rubis SCA

06/05/2024 07:01

May 6 (Reuters) - Below are company-related news and
stories from France and Benelux which could have an impact on
the region's markets or individual stocks.
    
    FRANCE-CHINA:
    President Xi Jinping lauded China's ties with France as an
international model on Sunday as he arrivedin Paris for a rare
visit against a backdrop of mounting trade disputes with the EU.
    China's President is due to meet French President Emmanuel
Macron Macron and European Commission chief Ursula von der Leyen
on Monday.
    
    AUTOS 
    France's Bruno Le Maire and other government ministers meet
with executives from the country's top carmakers to seal a new
sector strategy agreement. 
        
    ATOS  ATOS.PA :
    The debt-laden IT company on Monday confirmed it had
received four distinct offers from investors to restructure its
debt and inject cash into the business, adding it would decide
which one to pursue by the end of the month.
    
    BNP PARIBAS  BNPP.PA :
    French bank BNP Paribas is considering cutting up to 150
jobs in Geneva to reduce costs and streamline operations,
Bloomberg reported on Friday, citing people familiar with the
matter.
    
    CLARIANE  CLARI.PA :
    French care homes group on Friday said it had renewed its
revolving credit facility for a period of 6 months for an amount
of 492.5 million euros.
    
    EUTELSAT  ETL.PA  
    The firm confirmed it was looking at options for its Ground
Network business which could see it partner with external
infrastructure investors. 
    
    L'OREAL  OREP.PA , LVMH  LVMH.PA ,  HERMES  HRMS.PA , KERING
 PRTP.PA 
    France's world-leading cosmetics sector is counting on talks
between Xi Jinping and Emmanuel Macron this week to help
minimize the impact on French companies of tough new Chinese
import rules requiring the sharing of formulas and manufacturing
know-how.
    
    PostNL  PTNL.AS  
    The company said its first-quarter operating profit turned
to a loss while also confirming its financial outlook for the
full year. 
    
    RUBIS  RUBF.PA :
    A minority shareholder of French liquid products distributor
asked for a change in the group governance and strategy,
Bloomberg reported on Friday .
    
    TOTALENERGIES  TTEF.PA :  
    French prosecutors opened an preliminary investigation
against TotalEnergies after victims of a jihadist attack in
Mozambique in 2021 accused the energy firm of negligence and
indirect manslaughter, a lawyer for the plaintiffs said.
    Major oil companies such as TotalEnergies, Exxon Mobil
 XOM.N  and Shell  SHEL.L  that aim to exit Nigeria's onshore
oil can get quicker approval to do so if they take
responsibility for spills rather than wait for authorities to
apportion blame, the regulator said on Friday.

    
Pan-European market data:
European Equities speed guide................... EUR/EQUITY 
FTSE Eurotop 300 index.............................. .FTEU3 
DJ STOXX index...................................... .STOXX 
Top 10 STOXX sectors........................... .PGL.STOXXS 
Top 10 EUROSTOXX sectors...................... .PGL.STOXXES 
Top 10 Eurotop 300 sectors..................... .PGL.FTEU3S 
Top 25 European pct gainers....................... .PG.PEUR 
Top 25 European pct losers........................ .PL.PEUR 

Main stock markets:
Dow Jones............... .DJI   Wall Street report ..... .N 
Nikkei 225............. .N225   Tokyo report............ .T 
FTSE 100............... .FTSE   London report........... .L 
Xetra DAX............. .GDAXI   Frankfurt items......... .F 
CAC-40................. .FCHI   Paris items............ .PA 
World Indices..................................... 0#.INDEX 
Reuters survey of world bourse outlook......... EQUITYPOLL1 
European Asset Allocation........................ EUR/ASSET 

Reuters News at a glance:
Top News............. TOP/NEWS 
Equities.............. TOP/EQE 
Main oil report........... O/R 
Main currency report..... FRX/ 

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