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Umbro owner in joint bid for Le Coq Sportif
Umbro owner in joint bid for Le Coq Sportif
Economy
by  AFP

A consortium that includes the US owner of sportswear brand Umbro and French telecom billionaire Xavier Niel unveiled Wednesday an offer to acquire France's struggling sportswear label Le Coq Sportif for 60 million euros ($68 million). The consortium would immediately inject 60 million euros into Le Coq Sportif and save its historic site at Romilly-sur-Seine in northeastern France.

Tom Cruise has world guessing as he unleashes 'Mission: Impossible' at Cannes
Tom Cruise has world guessing as he unleashes 'Mission: Impossible' at Cannes
Economy
by  AFP

Tom Cruise's "Mission: Impossible - The Final Reckoning" powers into the Cannes film festival for its premiere on Wednesday on a steamroller of hype, with the world asking if this will be the final curtain for agent Ethan Hunt. Fans will find out if this really is the end of the road for secret agent Ethan Hunt when "The Final Reckoning" is released in Europe and the Middle East from May 21.