DIRS.INFO The most relevant business & tech news

"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

☆ Russia-Ukraine War Zelensky to Attend G7 Summit in Japan
▼ + stars: | 2023-05-19 | by ( David E. Sanger | Victoria Kim | ) www.nytimes.com time to read: +2 min

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.

☆ Financial stability concerns could be on the horizon in Europe, economist says
▼ + stars: | 2023-04-28 | 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 EmailFinancial stability concerns could be on the horizon in Europe, economist saysLudovic Subran, chief economist of Allianz, says food inflation is still worryingly high in Europe and the European Central Bank will announce at least another two interest rate hikes.

☆ Bayern Munich suffer shock 3-1 loss at Mainz to leave title race open
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +2 min

MAINZ, Germany, April 22 (Reuters) - League leaders Bayern Munich slumped to a 3-1 loss at Mainz 05 on Saturday, conceding all three goals in a span of 14 minutes in their latest slip-up which could prove costly in the race for the Bundesliga title with five games remaining. Bayern, chasing an 11th straight league crown, are on 59 points and second-placed Borussia Dortmund, on 57, can take over the lead with a win over Eintracht Frankfurt later on Saturday. "Too much has happened to this team and it struggles to bounce back when things don't go its way. We struggle to win matches. They now also risk missing out on the Bundesliga title after suffering a third defeat under Tuchel in seven matches.

☆ Angry crowd heckles France's Macron over pensions legislation
▼ + stars: | 2023-04-19 | by ( Elizabeth Pineau | ) www.reuters.com time to read: +2 min

[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.

☆ Macron bypassed parliament and angered French citizens. Setting the far-right up for a bounce
▼ + stars: | 2023-04-12 | by ( Silvia Amaro | ) www.cnbc.com time to read: +4 min

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.

☆ 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.

☆ Tim Cook and Bob Iger to meet with House China committee members
▼ + stars: | 2023-04-05 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

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.

☆ Brace for the US economy to crash-land as the banking turmoil creates a credit crunch, Allianz says
▼ + stars: | 2023-04-01 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

The US economy is going to crash-land into a recession in the second half of 2023, according to Allianz. "Rapidly tightening credit conditions, exacerbated by the banking crisis" will fuel the downturn, Allianz said. Allianz is expecting the turmoil that's rocked the US's regional banks in recent weeks to fuel a credit crunch. The turmoil could leave banks more risk-averse and result in a pullback in lending, according to Allianz. "While credit growth has still held up, a significant decline in bank lending seems inevitable amid the collapse of monetary aggregates."

☆ Europe's leaders battle banking crisis as market rout hangs over Brussels summit
▼ + stars: | 2023-03-24 | by ( Silvia Amaro | ) www.cnbc.com time to read: +2 min

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.

☆ Mbappe beats PSG all-time scoring record as French champions extend lead
▼ + stars: | 2023-03-04 | by ( Julien Pretot | ) www.reuters.com time to read: +3 min

The 24-year-old Mbappe found the back of the net two minutes into stoppage time for his 201st goal in all competitions with PSG, improving the mark he shared with Edinson Cavani. The club organised a short ceremony after the final whistle, with a big portrait of Mbappe displayed at the Parc des Princes. "It's a privilege to be a PSG player, to play in this historic shirt, for the biggest club in France." PSG got off to a dream start as Messi opened the scoring in the 12th minute with a left-footed volley form Fabian Ruiz's cross. Earlier, RC Lens's Champions League hopes suffered another knock when they were held to a 1-1 home draw in the northern derby.

☆ Markets are suffering from 'recession-avoided syndrome,' chief economist says
▼ + stars: | 2023-03-03 | 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 EmailMarkets are suffering from 'recession-avoided syndrome,' chief economist saysAllianz Chief Economist Ludovic Subran says "the picture isn't very rosy" for markets right now, and that they're suffering from "recession-avoided syndrome."

☆ One year on, Russia's war in Ukraine ramps up fears over Europe's next security 'soft spot'
▼ + stars: | 2023-02-20 | by ( Sam Meredith | ) www.cnbc.com time to read: +8 min

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.

☆ Russia tells Macron: Don't forget Napoleon when you talk of regime change
▼ + stars: | 2023-02-19 | by ( ) www.reuters.com time to read: +2 min

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 may be the next country to send its tanks to Ukraine, but officials worry they could be 'a poisoned chalice'
▼ + stars: | 2023-01-26 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

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.

☆ How Saudi Arabia's crown prince snubbed Biden repeatedly to forge ties with authoritarian China and Russia
▼ + stars: | 2023-01-01 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

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'.

☆ Equatorial Guinea ruling party wins 99% of votes - early election results
▼ + stars: | 2022-11-21 | by ( ) www.reuters.com time to read: +1 min

[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.

☆ APEC leaders to continue trade discussions; Kamala Harris, Emmanuel Macron to deliver speeches
▼ + stars: | 2022-11-18 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

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.

☆ FTX's blowup is a turning point for Wall Street's crypto adoption journey
▼ + stars: | 2022-11-11 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

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.

☆ Leaders push for climate action and fossil tax at UN talks
▼ + stars: | 2022-11-08 | by ( Associated Press | ) www.nbcnews.com time to read: +1 min

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.

☆ Some French unions call strike in test of Macron mettle on pension reform
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +2 min

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.

☆ Which world leaders are attending Queen Elizabeth II's funeral?
▼ + stars: | 2022-09-17 | by ( Hyder Abbasi | ) www.nbcnews.com time to read: +3 min

LONDON — Leaders and heads of state from across the globe are coming together in central London to attend the state funeral of Britain's Queen Elizabeth II on Monday. The queen, who has been lying in state at the Palace of Westminster to allow members of the public to pay their respects. Her coffin is set to be moved to the abbey for the state funeral service, which is scheduled to begin at 6 a.m. A police official declined to detail how the leaders would travel to Westminster Abbey on Monday, citing security reasons. Pope Francis has said he will not be present at the funeral service and will instead send a senior representative from the Vatican.

Search resuls for: "LUDOVIC"

25 mentions found