France's Hollande to name centrist Valls as new PM - media

PARIS (Reuters) - President Francois Hollande is set to name centrist Interior Minister Manuel Valls as his prime minister later on Monday, BFM-TV and other local media said, replacing Jean-Marc Ayrault a day after ruling Socialists lost local elections. A reshuffle is widely anticipated given the poor showing in elections and the record unpopularity of Hollande, struggling to reverse a rise in unemployment and to spur growth in the euro zone's second-largest economy. No one at Hollande's or Valls' office was immediately available to confirm the reports. (Reporting by Mark John; editing by Alexandria Sage)