Entire French Government Resigns Ahead Of Ministerial Reshuffle

From BNO: French Prime Minister François Fillon on Saturday offered the government’s resignation ahead of a long-awaited ministerial reshuffle.
“Pursuant to Article 8 of the Constitution, Mr. François Fillon presented to the President the resignation of the government,” a statement from French President Sarkozy’s office said. “The President accepted the resignation and has terminated the functions of Mr. François Fillon.”

In other news, GM IPO - meet "market conditions."