PARIS (Reuters) -French media company Vivendi, in which billionaire Vincent Bollore has the biggest individual stake, is considering raising its cash offer for Paris Match magazine owner Lagardere, as Vivendi progresses towards a Lagardere takeover.

BERLIN/LISBON (Reuters) -A ship carrying around 4,000 vehicles, including Porsches, Audis and Bentleys, that caught fire near the coast of the Azores will be towed to another European country or the Bahamas, the captain of the nearest port told Reuters on Friday.

A former employee of investment bank Lazard was sentenced on Friday to an 18-month suspended jail term by a German court after being found guilty of insider trading, a court spokesman said.

Allianz announced on Friday big bonus cuts for its CEO and board, and a settlement with a "vast majority" of investors, as it braces for the outcome of U.S. regulatory investigations into a multibillion-dollar trading debacle at its funds arm.

French media conglomerate Vivendi, in which billionaire Vincent Bollore has the biggest individual stake, is considering raising its cash offer for Paris Match magazine owner Lagardere, the company said on Friday.

Renault reported its first annual profit in three years on Friday and said finance chief Clotilde Delbos would move to lead its car sharing and data business full time as it steps up the shift to an electric and greener future.