"Vous lisez un livre et je lis le journal."
I wrote you read. Is it also you all read? Is it also you formal read?
No, they is "ils/elles" (3rd personal plural) and "vous" is 2nd personal, either singular polite or plural. 2nd person singular is "tu"
This is a language issue. In English 'the' and 'a' are in many instances interchangeable and should not be seen as a mistake in translation
I keep wanting to write "the paper". :p I know 'paper' is common slang for 'newspaper' in the English speaking world, but what of France?