Airbus struggles with parts shortages, faces potential delays in jet deliveries
Airbus, the aviation giant, is feeling the squeeze. With ambitious plans to ramp up passenger jet production, the company is now grappling with persistent parts [more…]
Category: France
ENAMI aims for 2027-2028 start on first lithium project
In a move that seems ripped from the pages of a tech-fueled future, Chile’s state mining firm ENAMI is gearing up to break new ground—literally [more…]
Volkswagen unveils plan for budget electric cars to challenge Chinese rivals
Volkswagen, Europe’s auto giant, is charging forward with an ambitious plan to develop affordable electric vehicles, taking on Chinese competitors head-on. This decisive move follows [more…]
Luxury retailers pivot as Paris Olympics redirect high-end tourists to London, Milan, and Barcelona
In a twist of Olympic proportions, European luxury retailers are making strategic moves, eyeing deep-pocketed tourists who might bypass Paris this summer to avoid the [more…]
Trafigura-led consortium in exclusive talks to acquire Exxon Mobil’s Fos-sur-Mer refinery in France
In a strategic move, Rhone Energies, a consortium formed by commodity trader Trafigura and Entara LLC, has entered into exclusive negotiations with Exxon Mobil’s ESSO [more…]
Kering expands Milan presence with $1.4 billion purchase of Via Montenapoleone building
Kering, the French luxury group behind iconic brands like Gucci and Saint Laurent, is expanding its footprint in the heart of Milan’s exclusive shopping district [more…]
TotalEnergies powers up Belgium’s energy future with second battery storage project
In a bid to bolster Belgium’s energy infrastructure, TotalEnergies is set to expand its footprint in the country with a second battery storage project. The [more…]
Airbus A220 factory faces productivity slowdown amid contract negotiations
Montreal’s Airbus factory, responsible for assembling the planemaker’s smallest commercial jet, the A220, is experiencing a slip in productivity. This comes as the factory’s 1,300 [more…]
AliExpress scores big with Euro 2024 sponsorship, aims to dominate European e-commerce market
AliExpress, the international e-commerce arm of Alibaba Group Holding, is making moves in the European market with its sponsorship of Euro 2024, the upcoming European [more…]
China’s C929 widebody aircraft moves to critical development stage, a major leap in aviation ambitions
China’s ambitious foray into the aviation industry has reached a pivotal stage with the development of its home-grown C929 widebody passenger jet, as announced by [more…]