France’s Societe Generale closes Rosbank sale

PARIS (Reuters) – Societe Generale said on Wednesday it had closed the sale of its Russian business Rosbank to the Interros group, a firm linked to Russian oligarch Vladimir Potanin, which will result in the bank taking a 3.2 billion-euro ($3.35 billio…

Tom Cruise swoops into Cannes, igniting film festival

CANNES, France (Reuters) – Tom Cruise rolled into the Cannes Film Festival on Wednesday, greeted with whoops and hollers from a crowd gathered to get a glimpse of the American star, who is attending the event in southern France for the first time in th…