French government attacked over threat to Mittal

Riot policemen surround demonstrating workers from Arcelor Mittal in front of the National Assembly in Paris on Nov. 28, 2012. The head of France's largest employers' union on Thursday slammed as "blackmail" a threat by the state to take over a plant owned by steel tycoon Lakshmi Mittal, amid outrage in Mittal's native India that he was a victim of racism. AP PHOTO/REMY DE LA MAUVINIERE

The head of France’s largest employers’ union on Thursday slammed as “blackmail” a threat by the state to take over a plant owned by steel tycoon Lakshmi Mittal, amid outrage in Mittal’s native India that he was a victim of racism.

Posted: November 30th, 2012 in Latest Business Stories | Read More »

London mayor mocks France over Mittal comments

In this photo taken Aug, 6, 2012, a general view of the Arcelor Mittal Factory in Hayange-Florange, eastern France. London's mayor joked that revolutionaries had taken over Paris and told India's investors Tuesday, Nov. 27, 2012, to look to the British capital instead, amid a row between the French government and India-born tycoon Lakshmi Mittal. AP PHOTO/MATHIEU CUGNOT

NEW DELHI, India—London’s mayor joked that revolutionaries had taken over Paris and told India’s investors Tuesday to look to the British capital instead, amid a row between the French government and India-born tycoon Lakshmi Mittal. On Monday French Industrial Renewal Minister Arnaud Montebourg said he did not want steel giant ArcelorMittal, controlled by Mittal, [...]

Posted: November 28th, 2012 in Latest Business Stories | Read More »

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