French politicians often look enviously across the Atlantic at the entrepreneurial successes of the
U.S. economy, such as Google Inc., Apple Inc., Intel Corp.
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Thierry Breton, the new French finance minister, has earned a
reputation as a turnaround specialist, making him an obvious
candidate to take charge of France’s strained economy.
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As French pharmaceutical group Sanofi-Synthelabo sizes up a possible
hostile takeover bid for rival Aventis, it faces the dilemma that it
could be damned if it does and damned if it does not.
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