Economy Minister Bruno Le Maire has spoken from Japan, two days after the failure of negotiations between Renault and competitor Fiat Chrysler

Renault: The French State says it is Ready to Reduce its Share in the Capital

The French manufacturer, Renault could see the state lower its stake in the capital. and could yield 15%, according to the Minister of Economy Bruno Le Maire. The priority is to “consolidate the alliance” Renault-Nissan before considering a rapprochement with another manufacturer, said Saturday the French Minister of Economy after the failure of negotiations between the diamond group and competitor […]

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Bic will remove 450 jobs worldwide

Bic will Remove 450 Jobs Worldwide

PENS: The company, Bic will also hire 400 people, but mostly in Bulgaria The French giant of pens, razors and lighters Bic announced Thursday its intention to cut about 450 jobs worldwide, mainly in its administrative functions, while creating 400 new jobs in new jobs digital. Job cuts will notably affect a hundred employees at its head office in […]

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Stephan Winkelmann, CEO of Bugatti, Molsheim, Alsace June 5, 2019.

In Alsace, Bugatti Manufactures the Most Expensive Cars in the World

The brand has set up its factory in Alsace where it produces the fastest and most expensive cars in the world. Some customers pay up to 2.5 million euros. The fastest and most expensive in the world: the French car brand Bugatti remains true to its credo of extreme luxury cars, assembled by hand in his workshop in Alsace while […]

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Fiat withdraws merger offer with Renault

Fiat Gets Impatient and Withdraws its Merger Offer with Renault

For the Italian-American car manufacturer Fiat, the “political conditions currently in France are not met” to achieve the merger with the Renault group. The manufacturer Fiat Chrysler (FCA) withdrew in the night from Wednesday 5 to Thursday 6th June 2019, its proposed merger with Renault to form the world number 3 of the automobile, failing to obtain a […]

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SNCF headquarters raided

Suspicions of Rigged Markets: The Headquarters of the SNCF and other Sites of the Group Raided

In 2017, the national financial prosecutor’s office launched a preliminary investigation into irregularities within a subsidiary of the SNCF group in connection with the American company IBM. The head office of SNCF and other Group sites were searched Tuesday 4th June 2019 as part of a preliminary investigation into irregularities in a subsidiary of the group in connection with the […]

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Du pareil au même will close its shop on the high street of Angouleme

Angouleme: Another Shop to Leave the Highstreet

Another shop closes on the high street in Angouleme Du pareil au même  (DPAM) will leave the city centre of Angouleme (Charente) after twenty years of presence at the top of the Hergé street. The children’s clothing store will focus its activities in the Auchan store in La Couronne, where the store manager and her employee […]

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Employees of the Belfort General Electric plant work on a turbine on 22 February 2017.

General Electric Social Plan: Emmanuel Macron and the Government Under Fire from Critics

The American giant, General Electric plans to cut more than 1,000 jobs in France, most of them in Belfort. Trade unions and opposition fired on the government. Emmanuel Macron and the government suffer a flood of critics of the opposition and unions of General Electric , accused of being responsible for a “disaster” industrial and social after the announcement by GE of the suppression […]

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The Minister of Finance, Bruno Le Maire, May 22, 2019 in Paris.

Renault-Fiat Merger Project: Bruno Le Maire Does Not Want any Plant Closures in France

The Minister of Finance, Bruno Le Maire demands that the proposed merger between Renault and Fiat provides guarantees of job preservation and maintenance of current industrial sites in France. Finance Minister Bruno Le Maire on Tuesday demanded that the proposed merger between Renault and Fiat builders does not lead to any plant closures in France , without considering an increase in the […]

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Airbus has signed a memorandum of understanding with the airline company SAS Scandinavian Airlines concerning research on ecosystems and infrastructures of hybrid and electric aircraft.

Toulouse; Airbus Signs an Agreement with a Scandinavian Company to Develop Hybrid Aircraft

On Wednesday 22nd May 2019, Airbus signed a joint research project in Toulouse with SAS Scandinavian Airlines for hybrid and electric aircraft. The challenge is immense. Air transport is already responsible for 2% to 3% of global CO2 emissions . And the growth of air traffic is expected to more than double over the next 20 years … A research […]

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