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"We're keeping a particularly close eye on the current tensions between the U.S. and China," said Florent Menegaux, chief executive of French tyremaker Michelin. "When we see the impact that the IRA will have (on European companies), I think we haven't talked enough about it at this conference," a senior banker said. "There is a big risk that European companies will shift their investments (from Europe to the United States)." Some say the main concern is the time taken by European Union authorities to respond. "I understand the frustration, but when you look at the details of the extent to which the United States is subsidising its domestic industry, it is not greater than what the Europeans do themselves," Boushey said.
Persons: Jean, Dominique Senard, Ludovic Marin, Florent Menegaux, Menegaux, Christel Bories, Bories, Veronika Grimm, Heather Boushey, Boushey, Mathieu Rosemain, David Holmes Organizations: Renault SA, U.S, French, Michelin, Renault, European Union, Reuters, White House Council, Economic Advisers, Thomson Locations: Japan, Douai, France, PROVENCE, United States, China, Europe, Indonesia, America
Sovfoto/Universal Images Group via Getty Images Putin poses for a picture with his wife, Lyudmila, and daughters, Yekaterina and Maria. Brooks Kraft LLC/Corbis via Getty Images Putin rides a horse during a vacation in Southern Siberia in August 2009. Alexey Nikolsky/AFP via Getty Images Putin judges an arm wrestling match while visiting the Seliger youth educational forum in Russia's Tver region in August 2011. Dmitry Astakhov/RIA Novosti/AFP via Getty Images Putin plays with his dogs Yume, left, and Buffy at his home in Novo-Ogaryovo, Russia, in March 2013. Chris McGrath/Getty Images Putin and Saudi Arabia's Crown Prince Mohammed bin Salman attend the G20 summit in Buenos Aires in November 2018.
Persons: Vladimir Putin’s, Wagner, Yevgeny Prigozhin, ” Prigozhin, ” Wagner, , Dmitry Peskov, , Prigozhin, ” Peskov, Putin, Putin Putin, Joseph Stalin, , “ Putin, Evelyn Farkas, , Vladimir Putin, Maria Putina, Archivio GBB, ZUMA Press Wire Putin, Laski, Maria, Vladimir, Anatoly Sobchak, Lyudmila, Yekaterina, Boris Yeltsin, Yeltsin, Fidel Castro, Reuters Putin, George W, Bush, Stephen Jaffe, Camp David, Brooks Kraft, Alexey Druzhinin, Alexey Nikolsky, Mikhail Metzel, Ivan Sekretarev, AP Putin, Dmitry Medvedev, Dmitry Astakhov, Buffy, Angela Merkel, Jochen Lübke, Thomas Bach, Medvedev, Vladimir Konstantinov, Alexei Chalyi, Sergei Aksyonov, Sergei Ilnitsky, Kirill Kudryavtsev, Alexander Lukashenko, Merkel, Francois Hollande, Petro Poroshenko, Mykola Lazarenko, Barack Obama, Ban, Chip Somodevilla, Turkey Andrei Karlov, Karlov, Donald Trump, Chris McGrath, Saudi Arabia's Crown Prince Mohammed bin Salman, LUDOVIC MARIN, Emmanuel Macron, Volodymyr Zelensky, Eliot Blondet, Joe Biden, Antony Blinken, Biden, Sergey Lavrov, Denis Balibouse, Macron, Sergey Ponomarev, Mikhail Gorbachev, , Alexander Nemenov, Alexey Danichev, Xi Jinping, Pavel Byrkin, Pavel Bednyakov, Peter Zwack, Beth Sanner, ” Sanner, “ He’s, … Putin, Moscow’s, Priogozhin Organizations: CNN, Kremlin, Communist, McCain, Putin, Getty, Russian, ZUMA Press, KGB, ZUMA Press Wire, Getty Images, Reuters, US, White House, Camp, Brooks, Brooks Kraft LLC, RIA Novosti, AP, AFP, International Olympic, Crimean, Ukrainian, United Nations, UN, Assembly, Russian Foreign Ministry, Sputnik, World, Saudi Arabia's Crown, Macron, SPUTNIK, New York Times, Central Clinical Hospital, AP Putin, Belarus, State Russian Museum, Russia’s Southern Military District, US Army, National Intelligence for Mission, State Department, European Union Locations: Moscow, Belarus, Ukraine, Russia, Kremlin, Russia’s Belgorod, Putin Russian, Russian, Rostov, St . Petersburg, Leningrad, Germany, AFP, Kazan, Cuba, Soviet Union, Southern Siberia, Russia's Tver, Novo, Ogaryovo, Hanover, Sevastopol, Crimea, Belarusian, Minsk, France, Turkey, Helsinki, Finland, Buenos Aires, Ukrainian, Paris, Geneva, Switzerland, Taganrog, Luhansk, Donetsk, Kherson, Zaporizhzhia, , Canada, Italy, Japan, United Kingdom, Soviet, Kazakhstan
But it was surpassed on day one of the Paris show by Indian rival IndiGo's (INGL.NS) order for 500 Airbus narrowbody jets. Air India said it was worth $70 billion at list prices, though airlines typically get discounts on big orders worth at least half the headline price, analysts say. The Airbus part comprises 210 A320neo and A321neo narrowbody jets and 40 A350 widebodies. "Our ambitious fleet renewal and expansion programme will see Air India operate the most advanced and fuel-efficient aircraft across our route network within five years," Air India Chief Executive Campbell Wilson said in a statement. The mega-order will also put Air India on a stronger footing to compete with budget rival IndiGo, which has a majority share of the Indian market and a strong position in regional flights.
Persons: Royce, Campbell Wilson, LUDOVIC MARIN, Lars Wagner, Tim Hepher, Joanna Plucinska, Allison Lampert, Valerie Insinna, Aditi Shah, Mark Potter Organizations: India, Airbus, Boeing, Ethiopian Airlines, Paris, Air India, Air, Reuters Graphics Air, Visitors, International Paris Air, Le, Royce, Aero Engines, Tata, Emirates, IndiGo, . Leasing, Avolon, Philippine Airlines, Qantas, Thomson Locations: PARIS, India, Paris, Air India, France
Over a year since Russia invaded Ukraine, there still does not appear to be a clear end in sight. Here are six ways the war could play out and what victory might look like for either side. Russia's war in Ukraine has been raging on for over a year, and there is still no clear end to the conflict in sight. With the largest land war in Europe since 1945 now entering a new phase, here are six ways it could play out. One senior official previously said that a Russian nuclear strike could trigger a "physical response" from NATO.
Persons: , Volodymyr Zelenskyy, it's, Seth Jones, Mykhalchuk, Jones, SERGEY SHESTAK, Muhammed Enes Yildirim, Putin, He's, Zelenskyy, Vladimir Putin, LUDOVIC MARIN, they've, Spencer Platt, It's, Mark Cancian, Sergei Shoigu, Valery Gerasimov, Scott Peterson, Mark Milley, Eugen Kotenko, Vladimir Putin's Organizations: Service, Center for Strategic, Studies ', Security, Leopard, Getty, Anadolu Agency, Marine, intel, 95th Airborne Brigade, US Joint Chiefs of Staff, Publishing, Getty Images, NATO Locations: Russia, Ukraine, Europe, South Korean, AFP, Donetsk, Crimea, Russian, Ukrainian, Siversk, Luhansk, Zaporizhzhia, West, Kyiv, China
France's President Emmanuel Macron looks on in a meeting with JP Morgan CEO during the 5th edition of the "Choose France" Business Summit, in Versailles, southwest of Paris, on July 11, 2022. Around 8,000 demonstrators took to the streets of Toulouse, France, on June 06, 2023, protesting against the government. "They know Macron has no alternative than to rely on them, making it almost impossible to develop the centrist domestic project," he said. This is largely attributable to Macron's agenda," Schmieding said, adding France was replacing Germany was the most dynamic major European economy. French President Emmanuel Macron and Chinese President Xi Jinping shake hands at a Franco-Chinese business council meeting in Beijing, China April 6, 2023.
Persons: Emmanuel Macron, Morgan, Ludovic Marin, Chancellor Olaf Scholz, Macron, Renaud Foucart, Foucart, Les Republicains, Mujtaba Rahman, Rahman, Bruno Le Maire, Elon Musk, Holger Schmieding, Schmieding, Xi Jinping Organizations: Business, Afp, Getty, Nurphoto, Lancaster University, Eurasia Group, Macron, Finance, EU, U.S, Elon Locations: Versailles, Paris, Germany, Union, Toulouse, France, China, Ukraine, Europe, Beijing
CNN —Children were among six people injured Thursday in a knife attack in Annecy, in southeast France, triggering a wave of panic in the small alpine town. French police secure the area after several children and an adult were injured in Annecy. Denis Balibouse/ReutersFrench MPs hold a minute's silence after the knife attack in Annecy. Health Minister François Braun tweeted that his thoughts were with the victims of the knife attack. “All my thoughts go immediately to the people injured by an individual armed with a knife in Annecy, and to their loved ones,” Braun tweeted.
Persons: Elisabeth Borne, Gérald Darmanin, Ferdinand, , ” Ferdinand, , George, Denis Balibouse, Ludovic Marin, Emmanuel Macron, ” Macron, François Braun, ” Braun, François Astorg, Astorg Organizations: CNN, French, Interior, BFMTV, Reuters, Getty Images, Annecy . Children, Health, Aid Service, Annecy, Lawmakers, French National Assembly Locations: Annecy, France, Haute, Savoie, AFP
"We'll make your life easier and help you set up shop here," he told ProLogium's Chief Executive Vincent Yang. It is one of four such gigafactories Macron hopes will transform the poor, former coal mining area near Belgium into a hub for the EV battery industry, creating jobs and helping to put France at the forefront of Europe's energy transition. "Results don't just fall from the sky," Macron told Reuters in Dunkirk. At the moment, however, France lags well behind Germany when it comes to attracting battery makers. Still, the IRA almost threw ProLogium's investment in France off course, one French presidential adviser told Reuters.
Persons: Emmanuel Macron, Vincent Yang, Ludovic Marin, Taiwan's ProLogium, Macron, Yang, ProLogium, we've, it's, ACC's, Heiner Heimes, Stellantis, Mercedes, Ola Kaellenius, Marc Mortureux, We're, GUY, Xavier Bertrand, ProLogium's Yang, Fabien Roussel, Leigh Thomas, Michel Rose, Silvia Aloisi, David Clarke Organizations: Business, EV, Macron, ACC, Mercedes, Reuters, RWTH Aachen University, Automotive Cells Company, Franco, Benz Group, EU, PFA French, U.S . IRA, French Communist Party, Thomson Locations: of Versailles, Paris, France, Versailles, Dunkirk, Germany, Netherlands, Taiwan, Belgium, EUROPE, Korean, United States, Europe, French, Hungary, Italy, Brussels, Washington
Image President Volodymyr Zelensky of Ukraine in Paris on Sunday. The officials did not say when Mr. Zelensky would arrive, hoping to keep details of his travels vague for security reasons. So far, there have been no public announcements about Mr. Zelensky’s plans, and the Ukrainian news media has suggested that he will join the summit virtually. If Mr. Zelensky arrives in Hiroshima, he will almost certainly have a one-on-one meeting with Mr. Biden. “We have a task to maintain the momentum of international support and communication for Ukraine,” Mr. Zelensky said in his nightly address on Thursday.
[1/4] French President Emmanuel Macron talks to a person opposed to the pension reform, in Selestat, eastern France, April 19, 2023. and one man told him: "We don't want this pension (reform), what don't you get?" Another man told him he was leading a corrupt government and added: "You'll fall soon, just wait and see." There were also some cheers - one man told Macron to "hang in there," a woman thanked him for his work and others asked for selfies. In Paris, a free climber known as the "French Spiderman" scaled a 38-storey skyscraper to demonstrate his opposition to the pension law.
Trump accuses France's Macron of pandering to China
  + stars: | 2023-04-12 | by ( ) www.reuters.com   time to read: +2 min
Ludovic Marin/Pool via REUTERS/File PhotoWASHINGTON, April 12 (Reuters) - Former U.S. President Donald Trump accused Emmanuel Macron of pandering to China leader Xi Jinping during the French president's recent closely watched visit to Beijing. "You got this crazy world is blowing up and the United States has absolutely no say. And Macron, who's a friend of mine, is over with China kissing his ass," Trump said in an interview with Fox News late on Tuesday. As president, Trump upended some tenets of America’s post-World War Two foreign policy by questioning the NATO alliance, alienating European partners and indulging autocrats. Trump himself was accused of pandering to world leaders, autocrats in particular, including Russian President Vladimir Putin and North Korea's Kim Jong-Un.
French President Emmanuel Macron. Shahin Vallée senior research fellow, German Council on Foreign RelationsMacron's popularity rating has worsened in the wake of the pension reforms. The proposed legislation pushes the retirement age up from 62 to 64, and for Macron, and his government, it's a necessity in order to balance the public finances. "Macron is not grooming anyone and that's part of the problem," Vallée said, adding that "Renaissance [party] is a one man party." Macron is serving his second mandate as president and the French constitution prevents him from running again for the job in 2027.
L to R: Microsoft President Brad Smith, Apple CEO Tim Cook, Disney CEO Bob Iger. Lawmakers will also dine with entertainment producers and screenwriters who have been critical of the industry’s approach to wooing Chinese viewers, the source said. On Friday, lawmakers will have conversations with former Defense Secretary James Mattis as well as Apple CEO Tim Cook. China is Apple’s third-largest geographic business segment after the Americas and Europe, accounting for more than $74 billion in company revenues last year. “This committee was set up to build out the bipartisan consensus on the CCP and the actions we need to take to defend ourselves,” the source said.
Ludovic Marin | Afp | Getty Imageswatch now"The euro area banking sector is strong because we have applied the regulatory reforms agreed internationally after the Global Financial Crisis to all of them," she said, according to EU sources. Geopolitics dominated the first day of talks, but the banking turmoil ended up being the focus for Friday. In the run up to the gathering, European officials had expressed their frustration with the lack of regulatory controls in the United States, where the recent banking turmoil first emerged. They have been nervous about potential contagion to their own banking sector, mainly as it's not been that long since European banks were in the depths of the global financial crisis. "The banking sector in Europe is much stronger, because we have been through the financial crisis," Estonia Prime Minister Kaja Kallas told CNBC Thursday.
Speaking at the World Economic Forum in Davos, Switzerland, North Macedonia President Stevo Pendarovski said that, aside from Kyiv, he believed that the Western Balkan region was the "soft spot" of Europe's security architecture. For sure, the Western Balkans is a second battleground for Russia in terms of foreign interference and information manipulation. Bloomberg | Bloomberg | Getty ImagesĆerimagić said Russia's war in Ukraine provides Europe with a clear opportunity to cement stability in the Western Balkans. "For sure, the Western Balkans is a second battleground for Russia in terms of foreign interference and information manipulation. watch nowNorth Macedonia's Pendarovski last month described the U.S. as a "key player" in supporting Western Balkan countries through Russia's war in Ukraine.
Macron told paper Le Journal du Dimanche France wanted Russia to be defeated in Ukraine but had never wanted to "crush" it. "About 'Never': France did not begin with Macron, and the remains of Napoleon, revered at the state level, rest in the centre of Paris. "In general, Macron is priceless," she said, adding that his remarks showed the West had engaged in discussions about regime change in Russia while Macron had repeatedly sought meetings with the Russian leadership. On Friday, Macron urged allies to step up military support for Ukraine, but also said he did not believe in regime change and that there would have to be negotiations at some point. "Let’s be clear, I don't believe for one second in regime change, and when I hear a lot of people calling for regime change I ask them, 'For which change?
France is also considering sending its Leclerc tanks to Ukraine. A French Leclerc tank during an exercise in Germany in November 2019. Some claim it performed better than the M1 Abrams tanks that Saudi Arabia has used in that conflict. The Leclerc's lighter weight may make it more maneuverable than the other Western tanks headed to Ukraine. But other than Rafale jet fighters, the most powerful weapon — symbolically and militarily — that France could provide would be Leclerc tanks.
In 2022, Saudi Arabia sought closer ties with Russia and China. Russia's President Vladimir Putin (R) and Saudi Arabia's Crown Prince Mohammed bin Salman attend the G20 Leaders' Summit in Buenos Aires, on November 30, 2018. Analysts say that US criticism of Saudi Arabia's human-rights record and its suppression of domestic dissent infuriate Riyadh. Crown Prince Mohammed has more affinity with the ideology of fellow strongmen Xi or Putin than with the US, said Alterman. "Saudi Arabia, China, and Russia all believe in the model of 'authoritarian stability'.
[1/2] Equatorial Guinea's President Teodoro Obiang Nguema Mbasogo attends the plenary session of the Paris Peace Forum, France November 12, 2019. Ludovic Marin/Pool via REUTERS/File PhotoDAKAR, Nov 21 (Reuters) - Preliminary election results released by Equatorial Guinea's government on Monday showed the ruling party winning over 99% of votes counted so far in presidential, legislative, and municipal elections held on Sunday. The tiny, authoritarian, oil-producing Central African state is run by President Teodoro Obiang, the world's longest-ruling head of state, who is seeking to extend his 43 years in office. Early, partial results showed Obiang's ruling Democratic Party of Equatorial Guinea (PDGE) and coalition with 67,012 votes out of 67,196 counted so far. Reporting by Nellie Peyton; Editing by Estelle Shirbon and Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.
French President Emmanuel Macron delivers a speech during a meeting with French nationals living in Thailand at the Peninsula hotel in Bangkok on November 17, 2022, on the sidelines of the APEC Summit. (Photo by Ludovic MARIN / AFP) (Photo by LUDOVIC MARIN/AFP via Getty Images)The APEC leaders' meeting begins Friday, as the world's economic leaders are expected to continue discussions of trade and sustainable economic growth. APEC ministers on Thursday exchanged views on how the region can maintain momentum for open trade, investment and travel resumption despite disruptions, according to Thailand's Foreign Ministry. On the agenda is the last day of the CEO summit as well as an economic leaders meeting spanning Friday and Saturday. U.S. Vice President Kamala Harris and French President Emmanuel Macron are also expected to deliver keynote speeches later on.
But first, where does Wall Street go from here? A warning sign for Wall Street to get out now before it's in too deep. Insider's Rebecca Ungarino and Danielle Walker examined what the knock-on effects of FTX's blowup mean for Wall Street's crypto plans. A key part of Wall Street's adoption of crypto was working with intermediaries bridging the gap between the two worlds. Read more on how FTX's blow up might impact Wall Street' long-term crypto plans.
SHARM EL-SHEIKH, Egypt — World leaders are making the case for tougher action to tackle global warming Tuesday, as this year’s international climate talks in Egypt heard growing calls for fossil fuel companies to help pay for the damage they have helped cause to the planet. United Nations chief Antonio Guterres warned Monday that humanity was on “a highway to climate hell with our foot on the accelerator,” urging countries to “cooperate or perish.”Leaders gather during the COP27 climate summit in Egypt's Sharm el-Sheikh on Monday. Ludovic Marin / AFP - Getty ImagesHe and leaders such as Barbados Prime Minister Mia Mottley said it was time to make fossil fuel companies contribute to funds which would provide vulnerable countries with financial aid for the climate-related losses they are suffering. The idea of a windfall tax on carbon profits has gained traction in recent months amid sky-high earnings for oil and gas majors even as consumers struggle to pay the cost of heating their homes and filling their cars. The U.S. mid-term elections were hanging over the talks Tuesday, with many environmental campaigners worried that defeat for the Democrats could make it harder for President Joe Biden to pursue his ambitious climate agenda.
Amid resistance from France, Spain and Italy had previously broached the idea of building an underwater pipeline between the two countries. Iberdrola, which is building Europe's largest green hydrogen plant in Puertollano in central Spain, declined to comment on the pipeline announcement. Cepsa CEO Maarten Wetselsaar told Reuters the agreement put Spain at the heart of Europe's plan to diversify away from Russian energy. As for natural gas, Spain has six terminals allowing it to bring in liquefied natural gas and convert it into its gaseous form, and three storage facilities, while Portugal has one. The United States and Nigeria are among key suppliers of LNG to Spain, which also receives piped gas from Algeria.
Ukrainian President Volodymyr Zelenskiy and French President Emmanuel Macron hold a news conference, as Macron, German Chancellor Olaf Scholz and Italian Prime Minister Mario Draghi visit Kyiv, Ukraine June 16, 2022. Speaking in an interview on France 2 television, Macron did not give any details on what type of anti-aircraft missiles or how many would be delivered. A source aware of the matter said Paris would provide Crotale short-range anti-air missiles, which are used to intercept low-flying missiles and aircraft. Macron repeated that he had agreed with Denmark to divert six Caesars howitzer canons it had ordered to Ukraine. Macron repeated that he believed that a negotiated settlement between Ukraine and Russia would happen at some point to end the conflict, but it would need to be on Kyiv's terms.
French President Emmanuel Macron speaks after visiting the Eric Tabarly high school in Les Sables-d'Olonne, France September 13, 2022. "Wages must be increased as there is a purchasing power problem in the country", Philippe Martinez, whose CGT union is spearheading Thursday's protests, told BFM television. Striking CGT workers this week forced the shutdown of TotalEnergies (TTEF.PA) Gonfreville refinery and disrupted deliveries at others. Nuclear power industry workers are expected to join Thursday's industrial action, removing some capacity from the French power grid when France already faces a record number of nuclear reactor outages. In French primary schools, the SNUipp-FSU union expects one in every 10 primary schools to close in Paris.
French and Iranian presidents meet amid nuclear talks stalemate
  + stars: | 2022-09-20 | by ( ) www.reuters.com   time to read: +1 min
French President Emmanuel Macron delivers a speech during a reception for France's prefects at the Elysee presidential Palace in Paris, France September 15, 2022. Ludovic Marin/Pool via REUTERS/UNITED NATIONS, Sept 20 (Reuters) - French President Emmanuel Macron held face-to-face talks with his Iranian counterpart President Ebrahim Raisi on Tuesday with the French leader saying he hoped to be able to "discuss all subjects". The meeting is Raisi's first head-to-head with a major Western leader since he was elected last year. EU foreign policy chief Josep Borrell, who coordinates the talks, said he saw little chance of progress at the United Nations General Assembly. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by John Irish; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.
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