DIRS.INFO The most relevant business & tech news

☆ Enagas CEO says strategic plan working better-than-expected
▼ + stars: | 2023-07-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEnagas CEO says strategic plan working better-than-expectedArturo Gonzalo Aizpiri, CEO of Enagas, says the company is on track to be a leader in Europe's hydrogen market.

Persons: Arturo Gonzalo Aizpiri

The U.S. Justice Department and Federal Trade Commission (FTC) have mounted an unprecedented number of legal challenges to mergers since Biden came to office in 2021. The Justice Department lost a merger in the insurance industry but won an effort to stop a book publisher merger. Deal advisers said companies had already braced for a tough antitrust regime under Biden and some had been emboldened by the regulators' recent court losses. "The (regulators' guidelines) do provide more transparency but that transparency also reveals some concerns that they are quite hostile to consolidation. The new antitrust guidelines also reflect the White House's focus on labor issues.

Persons: Gonzalo Fuentes, Joe Biden's, Biden, Department's, Kenneth Schwartz, Flom, Fiona Schaeffer, Milbank, Elizabeth Warren, Warren, Diane Bartz, Richard Chang, Chizu Nomiyama, Daniel Wallis Organizations: Viva Technology, Porte de, REUTERS, U.S . Justice Department, Federal Trade Commission, Microsoft, Activision Blizzard Inc, FTC, Meta, Justice Department, JetBlue Airways, Spirit Airlines Inc, Amazon.com, Amazon, Flom LLP, Global, LSEG, Intelligence, Democrat, Congress, Thomson Locations: Porte, Paris, France, WASHINGTON, Skadden, Slate

☆ U.S. antitrust enforcers tackle digital platforms in new merger guidelines
▼ + stars: | 2023-07-19 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Gonzalo Fuentes/WASHINGTON, July 19 (Reuters) - New draft guidelines released by U.S. antitrust enforcers on Wednesday lay the groundwork for tougher scrutiny of planned mergers by Big Tech companies like Amazon.com (AMZN.O) and Alphabet's Google (GOOGL.O). The Biden administration has taken a tougher stance on mergers, filing some aggressive challenges. The Biden administration's antitrust enforcement has highlighted labor issues, and the guidelines reflect that. The guidelines reflect how the FTC and Justice Department currently enforce laws against illegal mergers, which would replace guidelines from 2010 on companies buying competitors and 2020 guidelines on companies merging with suppliers. President Joe Biden urged that the guidelines be updated in a mid-2021 executive order.

Persons: Gonzalo Fuentes, Biden, Department's, Joe Biden, Diane Bartz, Richard Chang Organizations: Viva Technology, Porte de, REUTERS, Big Tech, Google, Justice Department, Federal Trade Commission, Biden, Thomson Locations: Porte, Paris, France, WASHINGTON

☆ Missing genes in ‘mind-controlling’ worms pose an evolutionary puzzle
▼ + stars: | 2023-07-18 | by ( Mindy Weisberger | ) edition.cnn.com time to read: +7 min

However, when the scientists compared their horsehair worm genomes with genomic information from other animals, something was missing, Cunha told CNN. Two live tangled freshwater horsehair worms, scientifically called Gordionus violaceus, were found in Germany. Mysteries remain about the worms’ movementsAs useful as cilia are, horsehair worms seem to be doing just fine without them, the scientists reported. To date, scientists have identified several hundred species of freshwater horsehair worms and five species of marine horsehair worms. Marine horsehair worms spend their entire lives in water, but freshwater species are only aquatic as adults.

Persons: —, australiensis, munidae, Tauana Cunha, Cunha, “, ”, “ It’s, Gonzalo Giribet, nematomorphs, Keiichi Kakui, Kakui, ” Kakui, Martin Sørensen, Ophiocordyceps, Bruno de Medeiros, California’s Organizations: CNN, Chicago’s Field, Harvard University, Hokkaido University, HBO, Field, Monument Locations: Germany, Japan, nematomorphs, California’s Muir

The recruitment is being overseen by the head of Santander Corporate and Investment Banking, Jose M. Linares, also a former JPMorgan banker. As well as the United States, some new investment bankers will join Santander in Britain and Spain. "This typically has been one of the main issues for growing an investment banking business, given that the capital consumption ... is bigger." The contribution from the overall investment bank to Santander's group's earnings rose to 32% in the first quarter of 2023, from around 20% in 2019. Overall, profits at Santander's corporate and investment bank have risen since 2019 by around 60% to 2.8 billion euros ($3.2 billion) at the end of 2022.

Persons: Ana Botin, Jose M, Linares, Goldman Sachs, Amherst Pierpont, Gonzalo Lopez, Lopez, Christiana Riley, Jose Manuel Linares, Jesús, John O'Donnell, Mark Potter Organizations: Reuters, Spain's, JPMorgan, Credit Suisse, Santander Corporate, Investment Banking, Santander, Wall, U.S, Deutsche Bank, Thomson Locations: MADRID, LONDON, Santander, United States, Europe, Latin America, Britain, Spain, U.S, America

☆ France's Thales to acquire Cobham Aerospace Communications for $1.1 bln
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +1 min

[1/2] The logo of Thales Group is seen during a visit at the Thales radar factory in Limours, France, February 1, 2023. REUTERS/Gonzalo FuentesJuly 12 (Reuters) - French defence and technology group Thales (TCFP.PA) said on Wednesday it started talks to buy French supplier Cobham Aerospace Communications for $1.1 billion. Thales said that with the acquisition it aims to strengthen its portfolio in avionics - the complex electronic systems used on aircraft. Cobham Aerospace Communications is a leading supplier of advanced cockpit communication systems and it is expected to generate about $200 million in revenue in 2023, Thales said. The transaction is expected to generate medium-term double-digit growth per annum for Thales and to have accretive impact on its margins.

Persons: Gonzalo Fuentes, Thales, Yannick Assouad, Michal Aleksandrowicz, Jacqueline Wong, Jason Neely Organizations: Thales Group, Thales, REUTERS, Cobham Aerospace Communications, Avionics, Jefferies, Thomson Locations: Limours, France, Paris, Gdansk

☆ China growth concerns weigh on European shares at open
▼ + stars: | 2023-07-05 | by ( ) www.reuters.com time to read: +1 min

[1/2] The logo of LVMH Moet Hennessy Louis Vuitton is seen during the company's shareholders meeting in Paris, France, April 20, 2023. REUTERS/Gonzalo Fuentes/File Photo/File PhotoJuly 5 (Reuters) - European shares fell on Wednesday as fresh data pointing to China's faltering economic recovery soured investor sentiment, which has been under pressure from uncertainty about future monetary policy steps by major central banks. The pan-European STOXX 600 index (.STOXX) was down 0.4% by 7:02 GMT, following a quiet session on Tuesday when the U.S. markets were closed for Independence Day. Miners (.SXPP) fell 1.0% and were the biggest sectoral decliners as concerns around weak demand from top consumer China, as well as slowing growth in other major economies, hurt metal prices. Reporting by Amruta Khandekar; Editing by Dhanya Ann ThoppilOur Standards: The Thomson Reuters Trust Principles.

Persons: LVMH Moet Hennessy Louis Vuitton, Gonzalo Fuentes, Pernod Ricard, Hermes, Amruta Khandekar, Dhanya Ann Thoppil Organizations: REUTERS, Independence, Thomson Locations: Paris, France, U.S, China

☆ Kylian Mbappé: New PSG coach Luis Enrique swerves question on French star’s future
▼ + stars: | 2023-07-05 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

CNN —New Paris Saint-Germain head coach Luis Enrique swerved multiple questions about the future of the club’s star attacker Kylian Mbappé during his official unveiling on Wednesday. This is a French club, and as he has said, he is not planning to leave for free. It is very clear.”The future of Mbappé will be one of the biggest question marks hanging over Enrique’s beginning as PSG manager after joining on Wednesday. However, despite the star-studded nature of the squad, PSG once again suffered a humiliating from the Champions League in the knockout stages, losing to Bayern Munich. CNN reached out to Galtier’s representation and PSG for comment at the time but did not receive a response.

Persons: Germain, Luis Enrique swerved, Kylian Mbappé, Enrique, Mbappé, “, … He’s, Nasser Al, Khelaifi, Luis, Campos, Gonzalo Fuentes, Christophe Galtier, Galtier, John Valovic, ”, Olivier Martin Organizations: CNN, New, New Paris Saint, Spanish national, PSG, ” PSG, League, UEFA Nations League, Roma, Celta Vigo, Real Madrid, Spain national, La Roja, French League, Ligue, Champions League, Bayern Munich Locations: New Paris, Barcelona, Paris, French, Spain, Italian, Barça, Nice, France, Galtier

CNN —Peruvian novelist and Nobel laureate Mario Vargas Llosa has been hospitalized in Madrid with Covid-19, his son said Monday. “In light of the interest by the news media in our father’s health, we make public that he has been hospitalized since Saturday after being diagnosed with Covid-19,” Alvaro Vargas Llosa tweeted on behalf of himself and his siblings, Gonzalo and Morgana Vargas Llosa. Vargas Llosa lives in Madrid and holds Spanish as well as Peruvian citizenship. Born in Arequipa, Peru in 1936, Vargas Llosa was brought up by his mother until his father reappeared and brought an authoritarian change to his life. As well as the hostile environment at home, Vargas Llosa lived through Peru’s political turmoil, which saw the rise of dictator Manuel Odría in 1948.

Persons: Mario Vargas Llosa, ” Alvaro Vargas Llosa, Gonzalo, Morgana Vargas Llosa, Vargas Llosa, Manuel Odría, ” Organizations: CNN Locations: Peruvian, Madrid, Covid, Arequipa, Peru, Spanish

☆ France protests: Nationwide demonstrations are sweeping the country. Here's what you need to know
▼ + stars: | 2023-06-30 | by ( Sana Noor Haq Joshua Berlinger Tara John Barry Neild Xiaofei Xu | Sana Noor Haq | Joshua Berlinger | ) edition.cnn.com time to read: +9 min

Protesters clash with police in Nanterre, France, on Friday, June 30. Gonzalo Fuentes/Reuters A firefighter extinguishes a car that was burnt during clashes between protesters and police in Roubaix, France, on June 30. Kenzo Tribouillard/AFP/Getty Images People look at burning tires blocking a street in Bordeaux, France, on Thursday, June 29. There was no disruption to the Eurostar service connecting London, Lille and Paris as a result of the protests. Further afield, the US State Department issued a security alert on June 29 covering France.

Persons: Emmanuel Macron, Nahel, Pascal Prache, Prache, Gonzalo Fuentes, Pascal Rossignol, Bertrand Guay, Kenzo Tribouillard, Philippe Lopez, Firas Abdullah, Zakaria Abdelkafi, Benjamin Girette, Antoine Gyori, Stephanie Lecocq, ”, Gerard Darmanin, Macron, Elton John, Yves Herman, TikTok, Snapchat Organizations: CNN —, Reuters, Fort, Getty, AFP, Anadolu Agency, Police, Bloomberg, Firefighters, Overseas, Rights, Europe, Amnesty, Twitter, UN, Human Rights, French Ministry of Foreign Affairs, Interior Ministry, Metro, Eurostar, US State Department Locations: CNN — France, Paris, Nanterre, France, Roubaix, Lille, Aubervilliers, AFP, Bordeaux, Cayenne, French Guiana, Brussels, Clamart, Neuilly, Marne, Préfecture, Marseille, London, Britain, “

National police said on Thursday night that officers faced new incidents in Marseille, Lyon, Pau, Toulouse and Lille, including fires and fireworks. The local prosecutor said the officer involved had been put under formal investigation over voluntary homicide and would be held in prison in preventive detention. Under France's legal system, being placed under formal investigation is akin to being charged in Anglo-Saxon jurisdictions. He said the officer had aimed down towards the driver's leg but was bumped, causing him to shoot towards his chest. The unrest has revived memories of riots in 2005 that convulsed France for three weeks and forced then-president Jacques Chirac to declare a state of emergency.

Persons: Emmanuel Macron, Pascal Prache, Mercedes, Nahel, Gonzalo Fuentes, Laurent, Franck Lienard, didn't, Lienard, Prache, Macron, Jacques Chirac, Benoit Van Overstraeten, Layli, Noemie Olive, Leigh Thomas, Michel Rose, Richard Lough, John Stonestreet, Frank Jack Daniel, Alexandra Hudson, Daniel Wallis, Gerry Doyle Organizations: Nike, National, Lille, Le Vieux Port, REUTERS, Reuters, Thomson Locations: France, Paris suburb NANTERRE, Algerian, Nanterre, Paris, Rivoli, Marseille, Lyon, Pau, Toulouse, France's, Le Vieux, Provence, Paris suburb, Clichy, Blanc Mesnil

The executive, who was expected to make a visit this month, walked through the WF Central mall in Beijing, China on Tuesday, photos circulating on social media showed. The photos showed Arnault with his daughter, Dior CEO Delphine Arnault, and son Jean Arnault, who works for Louis Vuitton, as well as Dior's China president Monika Figlewicz. Other Beijing residents, posting on social media site Xiaohongshu, reported seeing Arnault at luxury department store SKP. LVMH, which owns labels ranging from Hennessy cognac to fashion houses Dior and Louis Vuitton, declined to comment. "The Chinese are very important clients," Louis Vuitton CEO Pietro Beccari told Reuters in an interview last week.

Persons: Bernard Arnault, LVMH Moet Hennessy Louis Vuitton, Gonzalo, Read, Dior, Delphine Arnault, Jean Arnault, Louis Vuitton, Monika Figlewicz, Hennessy, Pietro Beccari, Pharrell Williams, Casey Hall, Brenda Goh, Mimosa Spencer, Conor Humphries Organizations: Viva Technology, Porte de, REUTERS, WF, Reuters, Tiffany, Thomson Locations: Porte, Paris, France, SHANGHAI, PARIS, China, Beijing, China . China

The case against Saint-Gobain and its local unit was filed to the Competition Commission of India (CCI) in May by a retired glass industry executive, whose name was redacted in the documents as the person sought confidentiality. Saint-Gobain has a 44% share of the float glass market in India and a 19% share of the coated one, according to the documents. The group and its India unit, Saint-Gobain India Private Limited, "conduct their activities in compliance with laws", in particular competition law, it said. The May 25 case documents allege Saint-Gobain entered into agreements with glass processors, forcing them to "exclusively" purchase glass from the company or face stopped supplies if that obligation is not fulfilled. Saint-Gobain counts India as a key market.

Persons: Gonzalo Fuentes, Gobain, Benoit Bazin, Aditya Kalra, Muralikumar Organizations: La Defense, REUTERS, India, Company, Compagnie de Saint, Reuters, Saint, Competition Commission of India, Limited, DLF, Thomson Locations: Courbevoie, Paris, France, India, DELHI

☆ Dior's Kim Jones sends models rising up from the floor at Paris Fashion Week
▼ + stars: | 2023-06-23 | by ( Mimosa Spencer | ) www.reuters.com time to read: +1 min

[1/5] Models present creations by designer Kim Jones as part of his Menswear ready-to-wear Spring/Summer 2024 collection show for fashion house Dior Homme during Men's Fashion Week in Paris, France, June 23, 2023. REUTERS/Gonzalo FuentesPARIS, June 23 (Reuters) - Dior men's artistic director Kim Jones took to a sparse, futuristic setting at the Ecole Militaire in central Paris, kicking off his summer show with an army of models that rose up from a metallic catwalk. A whining blast of scratchy electronic sounds set the runway presentation in motion, and the catwalk lit up as floor panels rolled back. Models emerged slowly, filling the room in rows. Reporting by Mimosa Spencer; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

Persons: Kim Jones, Dior Homme, Gonzalo Fuentes PARIS, Dior, chunky loafers, Winnie Harlow, Demi Moore, Cha Eun, Gwendoline Christie, Delphine Arnault, Bernard Arnault, Pharrell Williams, Louis Vuitton, Jay, Helen Lasichanh, Williams, Mimosa Spencer, Sandra Maler Organizations: REUTERS, Ecole Militaire, Louis, Thomson Locations: Paris, France

☆ Officine Generale loosens classic styles at Paris Fashion Week
▼ + stars: | 2023-06-23 | by ( ) www.reuters.com time to read: +1 min

[1/5] Designer Pierre Maheo gestures next to models who present his creations for the fashion brand Officine Generale as part of its Menswear ready-to-wear Spring/Summer 2024 collection show during Men's Fashion Week in Paris, France, June 23, 2023. REUTERS/Gonzalo FuentesPARIS, June 23 (Reuters) - French fashion label Officine Generale showed a breezy lineup of relaxed tailoring on the runway on Friday as part of Paris Fashion Week. "The goal was to really manage to work on looser, more supple shapes for suit jackets," the label's founder and designer, Pierre Maheo, said. The collection, which included looks for men and women, featured slouchy trousers and dressy jackets, lightweight overcoats and cotton trousers with elastic waists. Paris Fashion week's menswear shows, which wind up on June 25, feature dozens of labels ranging from some of the biggest fashion names like LVMH-owned Louis Vuitton and Dior, as well as Hermes, to smaller, emerging brands.

Persons: Pierre Maheo, Gonzalo Fuentes PARIS, Louis, Mimosa Spencer, Sandra Maler Organizations: Generale, REUTERS, Monnaie, Left Bank, Paris, Louis Vuitton, Dior, Thomson Locations: Paris, France, United States, New York

☆ One person still missing after Paris blast - newspaper cites police
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Gonzalo FuentesPARIS, June 22 (Reuters) - One person is still believed missing in the rubble after a blast ripped through a street near Paris' historic Latin Quarter, Le Parisien newspaper reported on Thursday, citing the Paris police department. The Paris prosecutor's office has said it is too early to establish the cause of Wednesday afternoon's blast, which destroyed the facade of a building housing the Paris American Academy design school popular with foreign students. At least 37 people were injured in the explosion, four of whom are fighting for their lives in hospital. Paris police and the Paris city council did not immediately reply to a Reuters request for comment. Florence Berthout, mayor of the Paris district where the blast occurred, said the 12 students who should have been in the design school's classrooms when the blast occurred had fortunately gone to visit an exhibition with their teacher.

Persons: Gonzalo Fuentes PARIS, Le Parisien, Rue Saint Jacques, Sorbonne University . Florence Berthout, Berthout, BFM, Bertrand Boucey, Benoit Van Overstraeten, Tassilo Hummel, Gareth Jones Organizations: REUTERS, Le Parisien, Paris, Paris American Academy, Paris police, Rue Saint, Notre, Dame de Paris Cathedral, Sorbonne University . Florence, Reuters, Thomson Locations: Paris, France, Le

Paris CNN —Six people remain in a critical condition and one person is missing after a gas explosion in central Paris on Wednesday, the Paris prosecutor’s office told CNN on Thursday. Francois Braun, France’s health minister, told CNN affiliate BFMTV Thursday that some of those injured are suffering from “extremely significant burns,” while others have suffered “significant traumatic injuries” due to the blast. Laure Beccuau, the Paris prosecutor said that early signs indicate that the gas explosion came from within the building that houses the Paris American Academy, according BFMTV. Paris American Academy, a fashion and design school, describes itself on its website as the “first bilingual design school” in the French capitalKent State University, in the US state of Ohio, said all its students at the Paris American Academy are safe and accounted following the blast. Another woman who didn’t want to give her name and lives in a neighboring avenue told CNN that her doors slammed shut from the explosion.

Persons: Rue Saint Jacques, Laurent Nunez, Francois Braun, ”, Gerald Darmanin, Laure Beccuau, Gonzalo Fuentes, Anne, Anne Hidalgo, Emmanuel Macron, “, ” Macron Organizations: Paris CNN —, CNN, Rue Saint, BFMTV, Paris American Academy, Kent State University, Reuters, Authorities Locations: Paris, Rue, Ohio, Élysée

In recent days, Twitter owner Musk and Facebook parent Meta (META.O) CEO Zuckerberg - whose social media platforms duke it out daily for advertising dollars - have been trading bluster about going mano a mano. The brouhaha began Tuesday when Musk tweeted he was "up for a cage match" with Zuckerberg, who's trained in jiujitsu. “Vegas Octagon,” Musk tweeted, referring to an events center where mixed martial arts (MMA) championship bouts are held. Musk in recent months has stepped up criticism of Zuckerberg and his companies, and has mocked reported plans by Meta for a platform to rival Twitter. SportsBetting.ag gives better odds for Zuckerberg, who is 12 years younger than Musk.

Persons: Elon Musk, Mark Zuckerberg, Musk, Zuckerberg, mano, who's, he's, ” Musk, Porte, Gonzalo Fuentes, Vegas . SportsBetting.ag, Owain Flanders, Flanders, Hyunjoo Jin, Greg Bensinger, David Gaffen, Jonathan Oatis Organizations: FRANCISCO, Facebook, Twitter, Elon, SpaceX, Tesla, Viva Technology, Porte de, REUTERS, Meta, Thomson Locations: Manila, Las Vegas, Paris, France, Vegas .

☆ Gas explosion starts fire in central Paris
▼ + stars: | 2023-06-21 | by ( ) www.reuters.com time to read: +1 min

[1/6] French police secure the area as firefighters work after several buildings on fire following a gas explosion in the fifth arrondissement of Paris, France, June 21, 2023. REUTERS/Gonzalo FuentesPARIS, June 21 (Reuters) - A gas explosion started a blaze in buildings in the Latin Quarter of central Paris, officials and witnesses said. Journalist Olivier Galzi told BFM TV that he had seen the facade of a nearby building "completely collapse." Interior Minister Gerald Darmanin said the fire was locted on Rue Saint-Jacques in the 5th arrondissement close to the Jardin du Luxembourg and the Sorbonne University. Reporting by Michel Rose, Sudip Kar-Gupta, Tassilo Hummel, Juliette Jabkhiro, Elizabeth Pineau; Editing by Jean-Michel Belot and Tassilo HummelOur Standards: The Thomson Reuters Trust Principles.

Persons: Gonzalo Fuentes PARIS, Olivier Galzi, BFM, Gerald Darmanin, Jacques, Christopher Gaglione, Michel Rose, Sudip Kar, Tassilo Hummel, Juliette Jabkhiro, Elizabeth Pineau, Jean, Michel Belot Organizations: REUTERS, Police, Rue Saint, Jardin du, Sorbonne University, Thomson Locations: Paris, France, Rue, Jardin, Jardin du Luxembourg

Paris CNN —A fiery gas explosion in central Paris resulted in injuries to at least 29 people and drew hundreds of firefighters to the scene on Wednesday afternoon. The Paris prosecutor, who is probing the incident, said that early signs indicate that the gas explosion came from within the building that houses the Paris American Academy, according to CNN affiliate, BFMTV. Paris American Academy, a fashion and design school, describes itself on its website as the “first bilingual design school” in the French capitalKent State University, in the US state of Ohio, said all its students at the Paris American Academy are safe and accounted following the blast. Another woman who didn’t want to give her name and lives in a neighboring avenue told CNN that her doors slammed shut from the explosion. Gonzalo Fuentes/ReutersThe local deputy mayor Édouard Civel later explained in a tweet that the impact had been caused by a gas explosion.

Persons: Rue Saint Jacques, Laurent Nunez, ”, Laure Beccuau, Anne, Gonzalo Fuentes, Édouard Civel, Anne Hidalgo, Gerald Darmanin Organizations: Paris CNN, Rue Saint, CNN, Paris American Academy, BFMTV, Kent State University, Authorities Locations: Paris, Rue, Ohio, Nancy, France

[1/6] French police secure the area as firefighters work after several buildings on fire following a gas explosion in the fifth arrondissement of Paris, France, June 21, 2023. REUTERS/Gonzalo FuentesPARIS, June 21 (Reuters) - A blast ripped through a street in the busy Latin Quarter of central Paris, causing the facade of one building to collapse, blowing out windows and starting a huge blaze. The local deputy mayor, Edouard Civel, referred to a gas explosion in a Twitter post and witnesses told BFM TV there had been a strong smell of gas moments before the blast. The blast occurred in the Rue Saint-Jacques in the 5th arrondissement of central Paris. In 2019, a gas leak caused an explosion which killed 4 people and injured 66 in the 9th arrondissement.

Persons: Gonzalo Fuentes PARIS, Edouard Civel, BFM, Khal Ilsey, Jacques, Val de Grace, Monique Mosser, Michel Rose, Sudip Kar, Tassilo Hummel, Juliette Jabkhiro, Elizabeth Pineau, Jean, Michel Belot, Angus MacSwan Organizations: REUTERS, Rue Saint, Notre, Dame, Paris, Sorbonne University, du, Thomson Locations: Paris, France, Rue, du Luxembourg

☆ Stellantis, Foxconn form 50-50 JV on semiconductors for auto industry
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +2 min

[1/2] The logo of Stellantis is seen on a company's building in Velizy-Villacoublay near Paris, France, February 23, 2022. REUTERS/Gonzalo Fuentes/File PhotoMILAN, June 20 (Reuters) - Carmaker Stellantis (STLAM.MI) and iPhone assembler Foxconn (2317.TW) have created a 50-50 joint venture to design and sell semiconductors for the automotive industry from 2026. The joint venture, called SiliconAuto, will supply Stellantis, including its new 'STLA Brain' electronic and software architecture, Foxconn and other customers, the two companies said in a statement. The deal, for which no financial details were provided, follows a preliminary agreement that Stellantis and Foxconn signed in December 2021 to partner in semiconductors for the automotive industry. Separately, Stellantis and Foxconn already have the Mobile Drive joint venture to develop in-car and connected-car technologies for the auto industry.

Persons: Gonzalo Fuentes, MILAN, Foxconn, Stellantis, Ned Curic, SiliconAuto, Giulio Piovaccari, Keith Weir Organizations: REUTERS, Fiat, Peugeot, Thomson Locations: Velizy, Villacoublay, Paris, France, Netherlands

☆ Pharrell Williams stages Louis Vuitton debut on Pont Neuf
▼ + stars: | 2023-06-20 | by ( Mimosa Spencer | ) www.reuters.com time to read: +3 min

[1/5] Designer Pharrell Williams appears at the end of his Menswear ready-to-wear Spring/Summer 2024 collection show for fashion house Louis Vuitton, on the Pont Neuf bridge, during Men's Fashion Week in Paris, France, June 20, 2023. REUTERS/Gonzalo FuentesPARIS, June 20 (Reuters) - For his debut collection at Louis Vuitton, Pharrell Williams drew his global audience to the Pont Neuf bridge in Paris, kicking off his tenure as creative director of menswear with a celebrity-packed outdoor show that further anchored the LVMH-owned (LVMH.PA) label in popular culture. Abloh had been the industry's highest profile Black designer, credited with forging a place for street style and loose skateboard looks in high-end fashion. Williams was first introduced to the Arnault clan in a collaboration to design sunglasses with Louis Vuitton designer Marc Jacobs in 2004. Williams' appointment raised eyebrows despite his extensive fashion experience, including founding streetwear brands with Japanese designer Nigo and designing capsule collections at Chanel.

Persons: Pharrell Williams, Louis Vuitton, Gonzalo Fuentes PARIS, strode, Williams, Virgil Abloh, Abloh, Virgil, Bernard Arnault, Arnault, Marc Jacobs, Nigo, Erwan Rambourg, Robert Schramm, Fuchs, Janus Henderson, Schramm, Mimosa Spencer, Helen Reid, Vanessa O'Connell, Richard Chang Organizations: REUTERS, Louis, LVMH, Chanel, Juilliard, HSBC, Thomson Locations: Pont, Paris, France, American, LVMH

French President Emmanuel Macron held a 90-minute call with Iranian President Ebrahim Raisi on June 10. Thousands of supportive rallies have been held around the world since her death September, although the nationwide unrest has subsided after Iranian security police clamped down on it. ABORTIVE PLOTNunez's letter put the July 1 NCRI rally in the context of the abortive plot led by Vienna-based Iranian diplomat Assadolah Assadi in October 2018 and three others. "Partner countries have in this regard recently mentioned many planned violent attacks, potentially targeting Iranian opposition figures." The letter said there was also an elevated risk of conflict between the NCRI and rival Iranian opposition groups at the rally, although there had been no incidents at past rallies.

Persons: Gonzalo Fuentes, Ban, Emmanuel Macron, Ebrahim Raisi, Laurent Nunez, Shahin Gobadi, Assadolah Assadi, Assadi, Nunez, John Irish, Mark Heinrich Our Organizations: REUTERS, Paris, Reuters, Council of Resistance, People's Mujahideen Organisation of Iran, Foreign Affairs, Thomson Locations: Paris, France, Iran PARIS, Iran, Tehran, Islamic Republic, IRAN, United States, Israel, Vienna, Belgium, Europe, Iranian, Paris , Washington, Saudi, Riyadh

☆ Elon Musk and Bernard Arnault – the world’s 2 richest people – had the ultimate power lunch in Paris on Friday
▼ + stars: | 2023-06-17 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +2 min

The world's two richest people met for a power lunch in Paris on Friday. Elon Musk and Bernard Arnault, both worth more than $200 billion, dined at the Cheval Blanc hotel. "Power lunch" may have a whole new meaning after the world's two richest people dined in Paris on Friday. Elon Musk and Bernard Arnault, the CEO of LVMH, met at Cheval Blanc, the luxury hotel run by the French luxury conglomerate. Elon Musk and Antoine Arnault at the VivaTech conference in Paris on Friday.

Persons: Elon Musk, Bernard Arnault, Musk's, Alexandre, Antoine, LVMH, Cheval, Musk, he's, Maye Musk, Antoine Arnault, It's, Gonzalo Fuentes, Reuters Musk's, Giorgia Meloni, Meloni, Emmanuel Macron, Macron Organizations: Morning, Bloomberg, Eiffel, French, Reuters Locations: Paris, Cheval Blanc, Europe, France

Search resuls for: "Gonzalo"

25 mentions found