was given an eight-month suspended prison sentence Wednesday for threatening a judge in the corruption case of far-right politician Marine Le Pen in France
The man from Garenne-Colombes in the Hauts-de-Seine department was found guilty of using social media to threaten the judge with death or harm
and to insult a magistrate performing official duties
The court also imposed a €3,000 ($3,240) fine
Paris Chief Prosecutor Marie-Suzanne Le Queau earlier confirmed that five individuals had been identified for sending threatening messages to judges following the court’s ruling on March 31 in the case
several threatening posts targeting the judges were shared on social media
The National Bar Council (CNB) condemned the threats
expressing solidarity with the president of the 11th Chamber of the Paris Court
The far-right National Rally leader was found guilty of misusing European Parliament funds to pay party staff for non-parliamentary work
She was banned from politics for five years and sentenced to four years in prison -- two of which are suspended
and two to be served under electronic surveillance --along with a €100,000 fine
The threats reportedly targeted not only the presiding judge but two public prosecutors
It remains unclear whether the man detained in La Garenne-Colombes is from the five suspects initially flagged by investigators
French Justice Minister Eric Dupond-Moretti and Interior Minister Gerald Darmanin have strongly condemned the wave of intimidation
Darmanin labeled the threats "unacceptable in a democracy," emphasizing the need to uphold judicial independence and protect the integrity of France’s legal institutions
"We will not tolerate any form of pressure on magistrates," he stated
remain on high alert amid growing concerns about the safety of legal officials and the potential for further radical actions by individuals sympathetic to Le Pen or hostile to the French judiciary
French authorities took a 76-year-old man in custody on Tuesday after he allegedly threatened the judge who sentenced far-right political leader Marine Le Pen to five years of ineligibility from holding public office
The suspect was apprehended in the commune of La Garenne-Colombes
located in the Hauts-de-Seine department near Paris
the message read: "What this b***h deserves."
who presided over the 11th correctional chamber of the Paris Judicial Court
has reportedly been subjected to mounting intimidation since the court’s decision against Le Pen
French authorities have placed the magistrate's residence under police protection and opened an investigation into the threats
the far-right National Rally leader was found guilty of misusing European Parliament funds to pay party staff for non-parliamentary work
She was banned from politics for five years and sentenced to four years in prison—two of which are suspended
and two to be served under electronic surveillance—along with a €100,000 fine
the Paris prosecutor’s office confirmed that five individuals had been identified as suspects in connection with online threats made against judicial officials involved in the case
These threats reportedly targeted not only the presiding judge but also two public prosecutors
It remains unclear whether the man detained in La Garenne-Colombes is among the five suspects initially flagged by investigators
French Justice Minister Eric Dupond-Moretti and Interior Minister Gerald Darmanin have both strongly condemned the wave of intimidation
security services remain on high alert amid growing concerns about the safety of legal officials and the potential for further radical actions by individuals sympathetic to Le Pen or hostile to the French judiciary
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posted a message on X with a photo of a guillotine accompanied by the words: 'What this bitch deserves.'
President of Rassemblement National parliamentary group Marine Le Pen looks on as she arrives to take part in a rally in her support
after she was convicted of a fake jobs scheme at the EU parliament
JULIEN DE ROSA / AFP A French court on Wednesday
handed down an eight-month suspended sentence to a 76-year-old man over a death threat against the judge who convicted far-right leader Marine Le Pen
Last week Le Pen was given a partly suspended jail term
a fine of €100,000 and an immediate ban on taking part in elections for five years after being convicted for a scheme under which the EU parliament paid assistants who were actually working for her party
The bombshell ruling could crush the 56-year-old's dream of winning the French presidency in 2027
a pensioner from the town of La Garenne-Colombes outside Paris
posted a message on X with a photo of a guillotine accompanied by the words: "What this bitch deserves." On Wednesday
he was found guilty of contempt and incitement to murder
who was born in French-ruled Algeria in 1948 and who arrived in France at the age of 14
tried to convince the court that his message did not constitute a form of threat
The supporter of the far-right said the photo of the guillotine was for him "a symbol of justice
and I wanted to say that some magistrates perhaps deserve to be judged." During the investigation
attributed the message to "anger" and maintained that one can "say anything" on social networks
"In France, there are people who have had their heads cut off," said the prosecutor, in apparent reference to teacher Samuel Paty who was beheaded by an Islamist militant outside Paris in 2020 after showing his class cartoons of the Prophet Mohammed
but it is a temptation for violent people or those with mental health problems."
The defense lawyer countered that "we are not dealing with an account with thousands of followers"
adding that the "impact of his comments is almost zero." At the time of the trial
the judges who handed down the decision have received threats
financial crime expert Bénédicte de Perthuis
including increased patrols and regular rounds around her home
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Tata Yoyo, the latest restaurant in the Les Pas Parisiens group
offering a culinary experience imbued with nostalgia and conviviality
you're enveloped by the ambiance of yesteryear
creating the ideal setting for family gatherings or dinners with friends
The restaurant is wide enough to comfortably accommodate several large tables for groups of friends or family gatherings
There are also a number of round and square tables ready to accommodate double dates of 4 people or smaller gatherings
sometimes secluded on the edge of bright bay windows
although the occupancy rate was rather high
We could hear each other without having to raise our voices
and the background music of the yéyé years
was rather pleasant and prolonged the impression of nostalgia that emanates from the place
Tata Yoyo offers a variety of platters: cold meats (chorizo
or a combination of the two for those who are undecided
Starters showcase the diversity and richness of French cuisine
with dishes like Smoked Herring and Onion Soup
We opted for the Œuf cuit mollet dans une sauce au vin rouge
which we were recommended to taste "from top to bottom" to better perceive the flavors and texture in the mouth
Main courses reflect the same attention to quality and taste
with options such as Angus Bavette à l'échalote
offering an assortment to satisfy every preference
Travers de Bœuf and Fondue are gourmet choices for two
and it has to be said that they are mouth-watering
The desserts promise a sweet end to the meal
with reinvented classics such as Pain Perdu with soft
clementine and fresh citrus to finish the meal on a fresh note
With a Starter + Main Course + Desert formula at €39.99 (reduced to €29.99 for the opening) and a Food & Wine pairing at €13.99 with 2 additional glasses of wine
Tata Yoyo has not forgotten the young ones with a Menu Minot at €16.99
offering a choice of poultry or fish accompanied by French fries or vegetables
Tata Yoyo promises an immersion in French culinary tradition
Tata Yoyo in La Garenne-Colombes is the new must-visit address for lovers of good food and conviviality
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This work on the large territory of La Défense was guided by 5 major questions posed by Paris La Défense in order to structure strategic developments in the two OIN (operations of national interest) areas (La Défense and Nanterre La Garenne-Colombes)
These developments are connected to the climate challenge
links with existing neighbourhoods and the river Seine
the local town and the influence of La Défense in the Greater Paris - Grand Paris -
Apur included the support given to Paris La Défense in its partnership work programme
This document paints a dynamic picture of the large territory extending from the Seine to the Seine piloted by Paris La Défense
It presents both Apur’s analysis and explorations and the result of workshops co-directed by Apur and Paris La Défense which brought together contracting authorities and project managers around 5 issues selected to provide a framework for strategic developments in the two OIN areas (La Défense and Nanterre La Garenne-Colombes) :
Apur proposes exploring and inventing supportive planning and to consider the future with regard to the resources of the large territory of La Défense
To continue unfolding history by building for the future and being rooted in the geography between the Seine and the Seine is as much about the skyline and the mix of towers as it is about welcoming industrial
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Reporting by Tassilo Hummel and Gus Trompiz; editing by Silvia Aloisi and Alexander Smith
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Tassilo is based in Paris and covers the luxury sector, its main players and trends. He previously wrote about French politics and business, EU institutions and NATO.
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Very little happens in Dominique Fabre’s books and what does happen is rather unexciting
yet one keeps on reading because his depiction of ordinary human beings caught up in the routines and minor mishaps of daily life so genuinely reflects the lives that most of us lead
Guys Like Me by Dominique Fabre
Des nuages et des tours by Dominique Fabre
Open any of his novels and it can be heard
soliciting one’s attention but rarely revealing innermost thoughts entirely
This latter quality especially creates the touching quality of his writing as well as its low-key suspense
Very little happens in his books and what happens is rather unexciting
I cannot help but think of Henri Calet (1904-1956)
with whose novels about working-class Paris Fabre’s own novels set in the French capital have affinities
whenever feelings start brimming over in Fabre’s novel Les Types comme moi (2007)
now engagingly rendered into French by Howard Curtis
he inserts the phrase “Do you mind if I pull down the curtain?”
Guys Like Me tells the story of three middle-aged friends
This suburb is neither one of the impoverished
unemployment-ravaged districts found in other
outskirts of the metropolis; nor is it similar to the ritzy residential suburbs also located west of Paris but further to the south from La Garenne-Colombes
Fabre describes an area with no particular reputation whatsoever
now-rundown apartment buildings where the three men had been brought up are going to be razed
Since their childhood in La Garenne-Colombes
and the narrator is slowly but surely (more slowly than surely) getting involved with Marie
a woman whom he has met by chance on an online dating website
increasing seriousness when she is diagnosed with breast cancer
Questions about attachment and responsibility take shape
and the man and the woman cannot avoid responding to them
they start coming face to face with each other
but again has an office job that mostly suits him
who is now in his twenties and to whom he is attached
because his career is stagnating in France
will eventually emigrate to Switzerland to work in a laboratory in Zürich
The “brain drain” and other socioeconomic issues currently debated in France are woven into the plot
after flings and short-lived relationships
somehow relieved to be a bachelor and dissatisfied at being deprived of companionship
“I don’t trust my emotions,” he admits at one point
all mixed up.” If he secretly yearns for something
He has long quietly aspired to buy a motor scooter
by presenting him with an amusing and poignant little gift
which also comprises the narrator’s relationship to his own father (whom
as it does in several other novels by Fabre
Hesitation and haplessness define the “guys like me” with whom the narrator identifies
They are moderate losers and average has-beens and ordinary daydreamers all at once
the title of the novel also provides a recurrent phrase
When the narrator meets Marie for the first time
in a café on the rue de la Chaussée d’Antin
he characteristically uses the phrase to generalize upon his own predicament:
These disparate stylistic elements thus form a complex literary mix
yet the diction remains close to the spoken language
both in so-called objective reality and in the narrator’s mind
both as the scene unfolds (in a “present” recounted in the past tense) and as the narrator looks back on the same scene from another “present” that corresponds to his telling of the story
The abrupt shifts in time might have been confusing but they are not:
I remember very well how much I wanted that
I looked at myself in the mirror at the end of the room
wondering if it was still possible for a woman to want to wake up in bed with a guy like me the following morning
I had to remember not to let myself go when I was with her
I saw she’d taken the time to touch up her lipstick
Fabre often jolts time frames or perspectives like this
suppressing transitions not only to liven up what is
but also to mirror non-continuous flows of thought and feeling
less for the social milieus that the American author dissected than for his characters grappling to get a hold on their lives
While Marie is undergoing chemotherapy and wants to spend time reading between sessions
the narrator lends her his collection of Fitzgerald novels: “She’d made a face at first because he was American and these days too many things in life were American
Another engaging weave in this intricate novel concerns Jean
Jean is out of work and vaguely looking for some kind of employment
it is the narrator who encourages him to land a job
which he manages to do when Marco intervenes as well
His colleagues find him difficult to get along with and he isn’t really interested in working
He has lived in Germany and knows the language
When the narrator gives him a German translation to do
as a means of supplementing his welfare checks
but when he finishes the job he neglects to send in the invoice
Jean is mostly a harmless burden for the two other men
They put up with him; such are childhood ties
Yet even as Fabre gives nuance to their personalities and especially to the narrator’s
disclosing hidden weaknesses and not yet completely diminished inner resources
he draws out unsuspected depth in Jean as well
He has a somehow intriguing attachment to and dependency on his mother
who has relocated to Marseille and is in the initial stages of Alzheimer’s
for the time being (though he will eventually move to Marseille)
His collection of photographs from his teenage days provokes slightly disturbing memories in Marco and the narrator
(Another quotation by Henri Calet comes to mind: “The past crumbles once you stick your hand in it.”) At a dinner together
who despite his laziness is actually quite loquacious
Here is the narrator’s report on the couple:
they were lucky and even found a little house on the hill at Puteaux at the beginning of the ‘80s
and in spite of his efforts she ended up becoming tired of him
she’d left him two years after the election of François Mitterrand
The narrator then reflects: “He’d been telling me the life story of a guy like me
but one where every episode took place between attacks of what he called his fatigue.” In fact
nearly everyone in the novel suffers from some kind of “fatigue.” Yet this fatigue notwithstanding
spot glimmers of reassuring outcomes at the end
The reader might first think that Fabre is going to fill out Jean’s story in Photos volées (2014)
The narrator of that novel is also called Jean
with women different from those who were the minor characters of Guys Like Me
and various “Hélènes,” one of whom is the narrator’s ex-wife and another his lawyer
some of the same Parisian quarters and outlying suburbs are conjured up
The Jean of Photos volées—literally “Stolen Photos”—works in an office in the Chaussée d’Antin area
the firm is trying to get rid of him before the legal retirement age (60)
employers must sign a “contract of unlimited duration” with their employees
a tenure status that prevents them from being fired or laid off except in a few precisely defined situations
Yet management sometimes contrives methods of getting elderly employees to leave on their own
so that they can be replaced by young newcomers with starting salaries
When the employee can no longer stand what his work environment has become
he agrees to a financial settlement and resigns
Such pressure is put on Jean when he is ordered to give up his office space and to update old files in the “archives.” He ends up consulting a lawyer
he watches her search for his file in a big “closet behind her
with probably lots of other guys like me inside
men and women worn down by all the means used by life to defeat us.” There are those “guys like me” again
French author Dominique Fabre — he has an artfully rambling style
Photography was a minor theme in Guys Like Me
Jean was an independent photographer for twenty years
and during this time he did not always pay his contributions to the Social Security retirement plan
He would need to work several more years in the office to catch up and acquire a suitable pension
modest surprises nonetheless await him in this similarly touching tale of subdued yearning
Fabre is definitely a “pedestrian of Paris,” as Léon-Paul Fargue (1876-1947) phrased it
The title means “Clouds and High-Rises.” This sensitively penned personal essay mostly explores the thirteenth arrondissement
much of which started becoming the Parisian “Chinatown” during the 1980s (when I was myself living there)
chance meetings take place against a backdrop of everydayness
And I also experienced such an encounter while reading this gently absorbing book
to which I am also grateful for bringing me up to date on neighborhoods that I have not strolled through for years and sometimes decades
How delighted I was when I arrived at page 88 and ran into an old friend
the detective-novel writer Alain Demouzon (b
It not only pays rightful tribute to Alain’s knowledge of all sorts of details—which then appear in his own mystery novels
distinguished for their sensitivity and verisimilitude—but also points to the same “fragile feeling of eternity” that Fabre’s narrators most secretly
I met Alain (Demouzon) below the Melville Public Multimedia Library
He had debarked in the arrondissement in 1971
before the massive arrival of Cambodian and Vietnamese refugees who took over the high rises where native Frenchmen didn’t want to live
He spoke to me of the Kobushi magnolia at the corner of the rue Nationale
and then about the other trees in the neighborhood
various prunus trees with complicated names—he can name them all
He spoke to me of the municipal gardener who worked there before the one I knew
His visions of the quarter could surely include a black Bentley parked in front of a bronze-colored brick apartment building
Sometimes all this gives you a fragile feeling of eternity
while real time keeps bumping along nastily (nothing to do with a tour in a Bentley) down the rue du Château des Rentiers
John Taylor is the author of the three-volume Paths to Contemporary French Literature (Transaction
A Little Tour through European Poetry (Transaction
He has translated books by several French poets
Forthcoming from Seagull is a new translation
His most recent personal book is If Night is Falling (Bitter Oleander Press
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The Lady’s Dressing Room (1732) BY JONATHAN SWIFT Five hours
(and who can do it less in?) By haughty Celia…
but this Littlefield review has convinced me to make the purchase
your comments reek of what is wrong in today's society and also if entitlement
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The Olympic flame, which is currently criss-crossing France, will pass through Hauts-de-Seine on July 24
the Hauts-de-Seine department will welcome the Olympic flame
a key event that will precede the official opening of the competitions by two days
This festive relay is a unique opportunity to celebrate the Olympic spirit and showcase the department's emblematic towns and sites
the Olympic flame will pass through 19 towns in the Hauts-de-Seine département
Here is the full list of towns involved in this memorable event:
These municipalities will play a central role in hosting this international event
offering residents and visitors a series of activities and celebrations that underline their commitment as a Land of Games
The route highlights key sites in the department
highlighting their cultural and historical importance:
Please note that the times shown are approximate and subject to change depending on the organization and the hazards of the route
where a major party is planned to celebrate this historic moment
The Gabriel Péri stadium and the area around the Palais des Sports Maurice Thorez will be the center of the festivities
The flame will travel 3 km through the city
passing through the Parc André Malraux and the Paris La Défense Arena
which will host a temporary pool for aquatic competitions
The highlight will undoubtedly be the lighting of the cauldron under the Arche de la Défense, a modern and powerful symbol of the metropolis. The festivities will run from 3.30pm to 7.45pm, offering a variety of entertainment for all ages, sports activities and shows, including a free concert by the group Cover's Garden at 9pm on the Garden Parvis
In short, if you want to vibrate in unison for the passage of the historic flame that marks the arrival of the festivities of the Paris 2024 Olympic Games
The Bayer AG logo sits on display at the headquarters in La Garenne-Colombes
Pharma giant Bayer on Thursday announced plans to establish a cybersecurity hub in Israel
which will be integrated into Bayer's global cyber unit and will be one of the largest internal units of this kind in the company
Follow Israel Hayom on Facebook, Twitter, and Instagram
A delegation of top Bayer executives arrived in Israel on June 26 for a three-day visit and met with Economy and Industry Ministry Director-General Ron Malka to discuss the German company's plans to deep-dive into the Israeli market
The planned cybersecurity hub places Bayer Israel in a unique position among locally operating pharma companies
as it will allow it to bring added value to the Israeli business sphere via opportunities to connect to its global operations in health
Bayer's chief information technology and digital transformation officer
who were the driving force behind the move
The two also spoke at the main plenary of Cyber Week 2022
the annual international cybersecurity expo hosted by Tel Aviv University
and pragmatism I witnessed in the startup ecosystem
and universities in Israel in the sphere of information technology," Sagar said
"Bayer business in Israel is strong and the cybersecurity bub is another great addition to our initiatives in Israel."
top TAU and Bayer executives also inked a cooperation agreement to promote groundbreaking cybersecurity research from Tel Aviv University
"As a company engaged in R&D in the core areas of life sciences
the ability to integrate with Israel's unique cybersecurity ecosystem
alongside sectors such as medical innovation and agricultural development is an opportunity to integrate as players in the Israeli market and provide added value for Bayer and for the ecosystem," Managing Director of Bayer Israel Hugo Hagen said
"As a Norwegian who has worked in Israel for three years
I feel a mission to promote Israel on Bayer's investment map and to strengthen the company's position within Israel
as well as that of the Israeli headquarters within the global headquarters
The ecosystem here is impressive and it would be a mistake not to try to enjoy the possibilities that exist here
I am proud that the decision was made to establish the new cyber security unit here."
"There is no doubt that such initiatives contribute to employment
and attract other international investments," Malka noted
"We will continue to represent the best Israeli innovation has to offer and link it to leading companies
We welcome Bayer's expansion in Israel and we are working to develop future similar initiatives."
"It is exciting to create something the activities of which will have an impact in the world beyond Israel's borders
we will engage in locating Israeli innovation in cyber security."
Bayer is one of the largest pharmaceutical and life sciences conglomerates in the world
Its main areas of business include consumer healthcare products
The company set up its offices in Israel in 2008 and currently employs 150
Bayer maintains a presence in 83 countries
Subscribe to Israel Hayom's daily newsletter and never miss our top stories
Both Coke and Pepsi face challenges from a 25% US tariff on aluminum imports introduced in March
The Chapter 11 filing allows 23andMe to continue operating while pursuing potential buyers through a court-supervised auction
Wiz’s origins in Israel’s elite cyber intelligence unit highlight the country’s outsized influence on global cybersecurity innovation
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A French court on Wednesday handed down an eight-month suspended sentence to a 76-year-old man after he issued a death threat against the judge who convicted far-right leader Marine Le Pen
Le Pen was sentenced to a partially suspended jail term
and a five-year ban from standing in elections after being convicted of a scheme in which European Parliament funds were used to pay assistants who were actually working for her political party
The conviction dealt a significant blow to the 56-year-old’s aspirations of running for the French presidency in 2027
posted a message on X (formerly Twitter) that included a photo of a guillotine and the words: “What this b**** deserves.”
who was born in French-controlled Algeria in 1948 and moved to France at the age of 14
argued that his post did not constitute a threat
He claimed the guillotine photo was a symbol of justice and suggested that certain judges “perhaps deserve to be judged.”
attributed the message to his anger and insisted that anything could be said on social media
The prosecutor referenced the beheading of teacher Samuel Paty by an Islamist extremist in 2020 after Paty showed cartoons of the Prophet Mohammed to his class
there are people who have had their heads cut off,” said the prosecutor
but it is a temptation for violent people or those with mental health problems.”
The defendant’s lawyer argued that “we are not dealing with an account with thousands of followers,” claiming that the “impact of his comments is almost zero,” as the post had only received 200 views at the time of the trial
Since Le Pen’s conviction, threats have been made against the judges involved in the case. Head judge Bénédicte de Perthuis, a financial crime expert, is currently under protection, with increased patrols and regular checks around her home.
Yunusa Adamu Dangwani, a former close associate of Senator Rabiu Musa Kwankwaso and a notable…
Reporting by Surbhi Misra and Gursimran Kaur in Bengaluru and Brendan Pierson in New York; Editing by Jamie Freed
And since it's a moment of gathering and communion
The 92 department is one of the few in the Ile-de-France region to offer public lighting every day it's possible, i.e. all week long, except Fridays, when the entrance to Shabbat prevents the event
Reporting by Ludwig Burger Editing by Jan Harvey and Mark Potter
If you're familiar with the address of this Parisian restaurant, it's because the chef has chosen to take over Le Pergolèse, an institution in this chic neighborhood previously run by MOF Stéphane Gaborieau. A former star at Lucas Carton, post-Alain Senderens, and a former chef at the Saint James
Julien Dumas is embarking on his first solo venture and is already a dual owner
Studio Ambiant refreshed and modernized the address
they sought to reflect the passing of the torch between the two chefs
They also "gave new life to materials that were behind the paint
The aim is to welcome guests into a space that is "luminous
artwork on the walls - will remain the same
in order to pay a final tribute to the address
but also so as not to disorient the regulars who have flocked there for two decades
Julien Dumas nonetheless aims to impose his own style over the coming months
Starting with more extensive renovations and a change of moniker which
will become Zostera in reference to a marine plant
Since the change of hands in March, Le Pergolèse 's cuisine has focused on the terroir
The chef has also set his sights on creating a vegetable garden in the Yvelines
so as to be self-sufficient in fresh vegetables and herbs all year round
Julien Dumas has put his trust in sommelier Samuel Ingelaere
who has put together a cellar boasting 30 years' experience and 584 references at present - and in the not-too-distant future
Open weekdays only, Julien Dumas' version of Le Pergolèse can be discovered à la carte
as well as two tasting menus in 6 courses (€95) and 8 courses (€125)
the 6-course menu - at the very least - is ideal for discovering what's hidden inside chef Dumas' head
which echo his love of nature and his main source of inspiration: the sea
When the snow melts on the banks of a stream
nature begins to blossom / When the water rises on the edge of the ocean
prodigiously supported by sauces and condiments that make all the difference
and a real love of beauty and good produce
this dish with the allure of a phantasmagorical jellyfish (squid and ink)
perhaps the most (deceptively) simple and yet the most overwhelming
A delicate dish that will be remembered for a long time to come
Needless to say, with such skill, Julien Dumas is more than ever in the running for the star. The rest
Asparagus plantations in the South of France
Immersion in the waters of Saint-Malo Natural scallops
between Lorient and Le Croisic Crêpe dentelle chocolat
This test was conducted as part of a professional invitation
Reporting By Brendan Pierson in New York; Editing by Josie Kao
Brendan Pierson reports on product liability litigation and on all areas of health care law. He can be reached at brendan.pierson@thomsonreuters.com.
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Germany’s Bayer has warned that its 2019 earnings target has become harder to reach
becoming the latest agricultural supplies company to be affected by flooded US farms and trade disputes
The drugs and pesticides maker said it was still aiming to lift 2019 adjusted core earnings
to about 12.2 billion euros ($13.6 billion)
excluding the effect of currency swings and the planned sale of assets such as its animal health unit
this outlook is becoming increasingly ambitious in view of the challenging environment for the Crop Science business,” the company
which last year acquired Monsanto for $63 billion
the world’s largest seeds and pesticides producer
jumped by almost 60% to 4.8 billion euros in the second quarter
thanks to the addition of Monsanto in June 2018
But a like-for-like comparison of the combined business showed a 9.9% sales decline
“Flooding and heavy rains in the midwestern United States and drought in large parts of Europe and in Canada had a negative effect
On-going trade disputes also weighed on business,” it said
Meanwhile the number of US plaintiffs blaming Bayer’s glyphosate-based weed killers for their cancer continued to rise by 5,000 to 18,400
as a litigation wave that has crushed the group’s market value showed no sign of letting up
Its shares were down 3.4% at a one-month low at 0810 GMT
for a market value of about 53 billion euros
as Bayer continued to trade below the price it paid for the takeover
Bernstein Research analyst Gunther Zechmann said investors would likely grow dubious of the maintained guidance
Analysts at Liberum said the market continued to overestimate the pay out that Bayer will eventually settle for to buy itself out of the litigation wave
“Bayer needs better news from the courts in the next 12 months
Adjusted EBITDA for the group rose by about a quarter to 2.9 billion euros in the April to June period
bolstered by new prescriptions of its pharma bestsellers
stroke prevention drug Xarelto and eye treatment Eylea
That was broadly in line with market expectations
Bayer has seen its market value slashed by more than 30 billion euros since August last year
found that Monsanto should have warned of the alleged cancer risks
which says regulators and extensive research have found glyphosate to be safe
is banking on US appeals courts to reverse or tone down the initial court rulings that have so far awarded tens of millions of dollars to each plaintiff
have previously flagged issues from flooding in the US Midwest and the US-Chinese trade dispute
Those factors also forced fertiliser giant Nutrien to cut its full-year profit forecast on Monday
due to post its quarterly reports on August 1