Word: frans
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...think it’s to the point now where there is no margin of error,” said Penn coach Fran Dunphy. “We’re in the soup and we need to find...
...France Can France keep its businesses French? The government's attempt to create a national champion by engineering a 346 billion merger between drug firms Sanofi-Synthélabo and Aventis could end up backfiring. Hostile takeovers are rare and frowned upon in France, so Sanofi CEO Jean-François Dehecq's unsolicited offer for Franco-German Aventis last week raised eyebrows. Except in government: Finance Minister Francis Mer openly endorses the takeover, while a source close to the deal says President Jacques Chirac, an old friend of Dehecq's, personally called Liliane Bettencourt, the biggest shareholder...
...report sent its stock reeling. Both LVMH and Sodexho said they were protecting themselves against erroneous information; Morgan Stanley president Stephan Newhouse says the LVMH ruling "opens the floodgates" for firms to bully analysts into making rosy statements. The Paris stock market is trying to salvage its reputation. Jean-François Balmary, general secretary of France 's Society of Financial Analysts, tells TIME that a law passed last year guarantees...
...along the Seine and I.M. Pei's pyramid at the Louvre (1989). "Nothing is stopping them from making nice things," insists Fabrice Piault, head of an activist neighborhood organization in the 13th arrondissement, where office buildings are filling in the space around the four 79-m towers of the François Mitterrand Library (1995) - a prestige project for which height restrictions didn't apply. There's a certain degree of irony in the fact that the proposal to raise the roofs of Paris comes not from greedy developers, but from the first leftist mayor Paris has had since...
...they're against new tall buildings when the question is posed in the abstract," says Jean-Pierre Caffet, the deputy mayor for urban development. But he hopes that minds will change when specific, high-quality projects are presented in the months to come. There are signs they would. Françoise de Panafieu, the fiery mayor of the upscale 17th arrondissement and an unyielding Delanoë critic, says she's always thought that a nice big building in her neighborhood could enliven the grim ride from the airport into the city. "We're not going to take just any tower...