DIRS.INFO The most relevant business & tech news

Jean-Luc Melenchon, leader of French far-left opposition party La France Insoumise (France Unbowed), and leader of the New Ecologic and Social People's Union (NUPES), takes part in a protest against soaring inflation and what they call a lack of government action to fight climate change, in Paris, France October 16, 2022. REUTERS/Stephane MahePARIS, Oct 16 (Reuters) - Thousands of people took to the streets of Paris on Sunday to protest against soaring prices as weeks of strikes for higher wages at oil refineries spurred demands for a general strike. The leader of hard-left party La France Insoumise (France Unbowed), Jean-Luc Melenchon, marched alongside this year's Nobel Prize winner for Literature, Annie Ernaux. Budget Minister Gabriel Attal said the left-wing coalition was attempting to exploit the current situation, marked by ongoing strikes at French utility EDF's nuclear plants and at French oil refineries. "Today's march is a march of supporters who want to block the country," he said on French radio station Europe 1.

☆ France's TotalEnergies plans to spin off Canadian oil sands assets
▼ + stars: | 2022-09-28 | by ( Nia Williams | ) www.reuters.com time to read: +2 min

A sign with the logo of French oil and gas company TotalEnergies is pictured at a petrol station in Nantes, France, June 30, 2022. REUTERS/Stephane MaheSept 28 (Reuters) - TotalEnergies (TTEF.PA) said on Wednesday it is looking to spin off its Canadian oil sands operations and list them on the Toronto Stock Exchange, as the assets do not fit with the French oil major's low-emissions strategy. Register now for FREE unlimited access to Reuters.com RegisterCanada's oil sands hold some of the world's largest crude reserves but are more carbon-intensive and costly to produce than many conventional oil projects worldwide. Total has been trying to exit the region for several years and in 2020 wrote down C$9.3 billion ($6.83 billion) worth of oil sands assets. TotalEnergies' oil sands assets will generate $1.5 billion of cash flow in 2022, he added.

The company's chief executive Patrick Pouyanne travelled to Doha to sign a deal with QatarEnergy chief Saad al-Kaabi for the North Field South (NFS) expansion, saying that the deal came at a "perfect time" when world leaders particularly in Europe were seeking new LNG supplies. Qatar's North Field expansion project will boost its position as the world's top LNG exporter and help guarantee long-term supplies of gas to Europe as the continent seeks alternatives to Russian flows. He said he could not disclose the total cost of the NFS project as some onshore contracts had not yet been finalised. Qatar's North Field expansion plan includes six LNG trains that will ramp up its liquefaction capacity from 77 million tonnes per annum (mtpa) to 126 mtpa by 2027. It awarded contracts for the first phase of the expansion project, North Field East (NFE), which includes four trains, earlier this year.

French President Emmanuel Macron delivers a speech at the Sub-Prefecture in Saint-Nazaire after a visit at the Saint-Nazaire offshore wind farm, off the coast of the Guerande peninsula in western France, September 22, 2022. Macron, who said in February that he wants France to have about 50 offshore wind farms by 2050, was visiting the country's first, built off Brittany, a project which took ten years to build and which started being connected to the grid this month. "It still takes too much time in France," Macron said, adding that he wants to halve the time it takes to develop renewable energy projects. Macron said he wants France to double the speed of building wind parks in France. Other plans include making it easier to find locations to build wind farms or install solar energy panels.

☆ France's Schneider to buy remaining Aveva shares in 31 pounds/share offer
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterThe logo of Schneider Electric is seen outside a company building in Nantes, France, September 20, 2022. Schneider said its offer of 31 pounds represented a premium of around 41 percent to Aveva's closing share price of 21.92 pounds on August 23 - before Schneider first stated its intentions to consider a full buyout. It took majority control of Aveva in 2017 in a reverse takeover that enabled the British company to retain its London listing. Schneider added that any interim dividend of up to 13 pence per AVEVA Share would still be paid to AVEVA Shareholders without any reductions. ($1 = 0.8809 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by Benoit Van Overstraeten and Paul Sandle; Editing by GV De Clercq/Sudip Kar-GuptaOur Standards: The Thomson Reuters Trust Principles.

☆ Farm and food investors face $150 bln loss on climate change - report
▼ + stars: | 2022-09-20 | by ( Ross Kerber | ) www.reuters.com time to read: +2 min

Cattle gather in a field near a wind turbine in the Landes de Couesme wind farm near La Gacilly, western France, April 26, 2014. The study, seen by Reuters News, found the companies' value would decline by an average of around 7% by 2030, equivalent to some $150 billion in investor losses, if they did not adopt new practices. The report does not name specific companies so it is not taken as investment advice, a campaign representative said. It is being published by Race to Zero, a U.N.-backed campaign to address climate change. The report will be presented at Climate Week in New York, a series of events tied to the gathering of world leaders in the city.

☆ French federation to review image rights agreement
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +2 min

"I have decided to not take part in the photo shoot after the French federation's refusal to change the image rights agreement with the players," Mbappe said in a statement, according to ESPN. Register now for FREE unlimited access to Reuters.com RegisterThe French federation said on Twitter on Monday that it held discussions with the team's executives, the president, the coach and a marketing manager. The French Football Federation undertakes to review, as soon as possible, the image rights agreement between it and its selected players," the statement added. France host Austria in the Nations League on Thursday and play at Denmark three days later. Register now for FREE unlimited access to Reuters.com RegisterReporting by Manasi Pathak in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

☆ 'Star Wars' series 'Andor' looks at everyday life under the Empire
▼ + stars: | 2022-09-20 | by ( Rollo Ross | ) www.reuters.com time to read: +2 min

REUTERS/Stephane Mahe/File PhotoLOS ANGELES, Sept 20 (Reuters) - The new "Star Wars" television series "Andor" promises a look at the day-to-day lives of the people who eventually become heroes in the ongoing battle set in a galaxy far, far away. "Andor," which debuts on the Disney+ (DIS.N) streaming service on Wednesday, is a prequel to hit 2016 film "Rogue One: A Star Wars Story." I don't think we've seen that," Luna said. "I don't think we've been in the most intimate life of the people that were having to live under the control of the Empire. "We want to make everything real - real emotions, real stakes, real threats, real fear, real betrayal, real love, real desperation, real families, real domestic drama, real adventure," he said.

☆ Airbus urges European leaders to refrain from Russian titanium sanctions
▼ + stars: | 2022-04-12 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

The logo of Airbus is picuted at the Airbus facility in Montoir-de-Bretagne near Saint-Nazaire, France, March 4, 2022. "Sanctions on Russian titanium would hardly harm Russia, because they only account for a small part of export revenues there. In March, Airbus said it "is directly sourcing titanium from Russia as well as from other countries" and indirectly acquiring Russian titanium via suppliers. On Tuesday, it reaffirmed this in answer to a Reuters query but declined to say when it had last received Russian titanium. Last month, Boeing said it had suspended buying Russian titanium.

Search resuls for: "Mahé"

9 mentions found