France Financial News
27.12 / 08:24
Target
country
reports
Adani Green finalises joint venture with TotalEnergies, raises $300 million
Adani Green Energy Limited (AGEL) announced on Wednesday that it had finalised its 1,050-megawatt joint venture (JV) with TotalEnergies. TotalEnergies has invested about $300 million in the AGEL subsidiary, acquiring a 50% stake in the JV’s projects. In a regulatory filing, Adani Green wrote: "Further to the execution of the joint venture agreement, the company and TotalEnergies owns a 50:50 stake in ARE9L.
27.12 / 01:51
Extreme
Manufacturing
Apple
Corning
concert
electronic
reports
Apple in advanced talks with parts companies Aequs, Rayprus
Apple is in advanced talks with component makers such as India’s Aequs Group and Taiwanese camera and lens maker Rayprus Technologies in the iPhone maker’s concerted move to deepen its manufacturing operations in the world’s second-largest smartphone market. Aequs makes high-quality toys, consumer durable goods and aerospace parts in India, US and France while Rayprus is a subsidiary of Taiwanese contract manufacturing giant Foxconn and makes high-quality precision camera and lens solutions.
26.12 / 20:58
Maxim
Aware
Healthcare
country
innovations
guidelines
India to draft rules for strategic trilateral developmental projects
NEW DELHI : India is working on guidelines for strategic trilateral partnerships to maximize the impact of developmental projects in its neighbourhood and beyond in collaboration with other countries, said people aware of the matter. India has partnered with the UK, the US, France, Japan, and Germany to implement developmental projects in India’s neighbouring regions and key nations in Southeast Asia and Africa. While India has traditionally favoured bilateral developmental projects for ease of coordination, and established political relationships with the recipient countries, it is now exploring collaborations with a select group of countries.
26.12 / 20:26
FIVE
Airlines
country
prevention
India, France, UAE worked as team to bring back flight
France and the UAE to bring back the flight which was grounded at the Vatry airport, east of Paris, over suspected human trafficking. It was a tip-off, described as anonymous, from the UAE that enabled France to halt the Romanian Airlines chartered flight at an airport near Paris on suspicion of human trafficking.
26.12 / 18:31
President
Prime Minister Narendra Modi becomes first global leader to have 20 mn subscribers for his YouTube channel
Narendra Modi has become the sole global leader with 20 million subscribers on his personal YouTube channel, as per latest data collated by Viennese startup Tubics. With 224 million views in December 2023 alone, Modi's YouTube channel had 43 times more views than Ukrainian President Volodymyr Zelenskyy's channel. Overall, with 4.5 billion video views, Modi's YouTube channel leads the pack, both in terms of subscribers and video views among top world leaders. Brazil's former president Jair Bolsonaro is at the second spot with a modest 6.4 million followers on his personal YouTube channel, which is less than a third of followers on Modi's channel. Modi, in fact, leads other global leaders on the subscribers/video viewership sweepstakes on personal YouTube channels by a mile. For instance, US President Joe Biden and French President Emmanuel Macron are at a distant fourth and sixth places with 789,000 and 316,000 subscribers, respectively, on their personal YouTube channels, as per Tubics data. Canada's Prime Minister Justin Trudeau is way down in the pecking order, at 10th place with under 70,000 subscribers on his YouTube channel. Video views and subscribers on Modi's YouTube channel are also way ahead of those recorded by the YouTube channels of other Indian political leaders.
26.12 / 14:18
Digital
Aware
Sony
Ubisoft
Actor
social
information
Ubisoft investigates hack attempt
Ubisoft said Tuesday it was investigating a suspected data security breach, in the latest cyberattack against a major actor in the video game industry. Hackers attempted to snatch 900 gigabytes from Ubisoft servers but the French studio's security team rebuffed the breach on Thursday, according to malware information website vx-underground.
26.12 / 03:23
FIVE
Platform
show
country
social
reports
travelers
Real-life ‘Dunki’: 25 stay back to seek asylum in France as charter plane carries Indians back home after 4-day halt
left Vatry airport near Paris at 2:30 PM local time, reaching Mumbai after 4 AM. The flight was originally en route to Nicaragua from Dubai. French authorities interrupted it for a technical stopover after an anonymous tip, AFP reported.
26.12 / 01:40
Provident
Airlines
country
information
reports
Department
Mumbai
Plane with Indians grounded in France over human trafficking lands in Mumbai
passengers, mainly Indian, and previously grounded in France due to suspected human trafficking, touched down in Mumbai during the early hours of Tuesday. According to officials, the aircraft completed its journey, departing from Vatry airport near Paris at approximately 2:30 pm local time and arriving in Mumbai shortly after 4 am. Based on information from French authorities, the aircraft carried 276 passengers when it departed for Mumbai. Twenty-five individuals, including two minors, had indicated their intention to seek asylum and remained on French territory. Two additional individuals were apprehended and subsequently brought before a judge.
25.12 / 21:14
Platform
Audi
Opera
Actor
composer
stage
Top European opera productions available for rental and purchase on Amazon Prime video
opera — fully staged opera — at home has become easier. Recent productions from top European houses have begun to appear for rental and purchase on Amazon Prime Video. So, on an impulse, you can take in these works — and keep them, too. (There are other opera-focused streaming platforms, but those rarely allow for purchases.) The productions include rarely staged gems, and feature some of the boldest directors and greatest vocal talents today.
25.12 / 17:44
Cooper
Citizens
Airlines
hospital
reports
Department
prevention
Plane with over 276 Indians departs France amid human trafficking probe. Know more
French airport for four days. Of the original 303 people on the passenger list, 276 were on the plane that took off just before 3:00 pm (1400 GMT). Among the passengers staying behind were two people questioned by French police over suspected people trafficking, but a judicial source said they had now been released after establishing that the 303 passengers had boarded the plane of their own free will.
25.12 / 17:37
Platform
Strategy
ADP
track
Low
GMR eyes foreign funds, low cost of capital with merger completion
NEW DELHI : GMR group expects the debt cost for its airports to decline, ensuring significant inflow from passive funds, as well as foreign fund managers following the merger of GMR Airports Ltd with group holding company GMR Airports Infrastructure Ltd, Saurabh Chawla, executive director, finance and strategy at GMR Airports Infrastructure, told Mint. The merger is expected to be concluded around March, but the procedures indicate that the company may complete the merger by February, he added. “With the completion of the merger, the market capitalization of the listed entity GMR Airports Infrastructure Ltd will double and that will bring us several benefits.
25.12 / 14:31
BLOCK
Airlines
country
Inside
reports
Department
volunteers
A plane stuck for days in France for a human trafficking investigation leaves for India
France for a human trafficking investigation departed on Monday for India, after an exceptional holiday ordeal that left about 300 Indians en route to Central America blocked inside a rural French airport for four days. Associated Press reporters outside the Vatry Airport in Champagne country saw the unmarked Legend Airlines A340 take off after the crew and about 200 other people boarded the plane. It wasn't immediately clear what would happen with those who didn't board the plane. The passengers grounded in France included a 21-month-old child and 11 unaccompanied minors who were put under special administrative care.
25.12 / 03:49
Airlines
information
reports
Department
prevention
303 Indians stranded in France set to depart today, but destination still unknown | 10 things to know
303 Indian passengers, suspected of human trafficking, detained near Paris, is set to leave on Monday, according to French judicial officials, AFP reported. 1. The Airbus A340, en route to Nicaragua, was held at Vatry airport after an anonymous tip-off upon its arrival from Dubai for refuelling.
25.12 / 03:31
ETF
Gap
Entertainment
Apple
NVIDIA
pandemic
Forget the top 5, these stocks were the biggest movers in the S&P 500 in 2023
The 50 most valuable companies in the benchmark, which now make up about 56% of its total weight, moved up or down on average nine places this year, tied for the most since at least 2013 and almost double in 2019. And that volatility comes even as the median valuation gap between each company in the top 50 has more than doubled to $7 billion since 2013. It suggests that as the S&P 500's top-heavy skew worsens, there's increasing competition for investor funds in the rest of the index. The much-discussed concentration risk at the very top — Apple is now nearly worth more than France's entire stock market — means investors are increasingly reliant on a shrinking number of companies for returns.
24.12 / 21:59
Citi
Provident
FIVE
Platform
awards
Bill
Department
France’s EDF looks to raise $100 mn to expand smart meter biz
French government-owned utility services provider Électricité de France SA (EDF) is looking to raise more than $100 million for its smart meter platform, three people with knowledge of the development said. The company is looking to bid for contracts in major cities across India, the first person cited above said. “A few strategics and climate funds have been reached out to.
24.12 / 19:55
FIVE
Fox
Coronavirus
pandemic
performer
2020
Emotional gamble of a hand-knitted gift
But the challenge is part of why Alvarez, 29, likes to knit presents. Since 2020, she has knitted about a dozen gifts for her family each year for the holidays. This year, she made five pairs of mittens, four hats, a stuffed fox wearing a reindeer-patterned dress, and a sweater for her father's large French bulldog. «I'm a little nervous it won't fit him,» she said of the dog sweater, her first. «But I'm hoping for the best.»
24.12 / 18:24
Airlines
cover
reports
travelers
Plane grounded in France: 10 Indians including 6 minors apply for asylum
France on suspicion of human trafficking, have applied for asylum. There were 11 unaccompanied minors on board Airbus A340, according to sources. Six of them have shown interest in applying for asylum.
24.12 / 17:08
24.12 / 14:09
Citizens
Airlines
President
social
information
reports
travelers
French judges to decide on extending stay of 303 passengers, mostly Indians, of grounded flight
French judges on Sunday began questioning the 303 passengers, mostly Indians, of a Nicaragua-bound flight detained by French authorities at Vatry airport, 150 km east of Paris, since Thursday over suspected "human trafficking", according to local media reports. «The judges have the authority to extend the detention order being used by border police by eight days initially and for another eight if required. They have two days to complete speaking to the passengers.
24.12 / 13:25
Provident
Airlines
President
country
information
reports
What's next for 303 Indians stranded in France? Court to hear extension, asylum requests
Vatry airport in France as the authorities received a tip-off that the passengers of the plane were “likely victims of human trafficking." The France regulations allow border police to detain foreign nationals for up to four days. The timeline of detention can be extended by four days, for a period not more than 26 days and that too with an order by a judge. As per the news agency AFP, at least 11 Indian passengers stuck at the Vatry airport have requested asylum in the country.
24.12 / 11:37
Provident
Twitter
Airlines
Yellow
reports
travelers
gatherings
Flights delayed as Geneva airport workers go on strike
flights from Geneva airport were delayed and some were cancelled during the holiday rush Sunday, as dozens of ground staff went on strike over a wage dispute. The workers began their strike at 4:00 am (0300 GMT) to protest conditions provided by their employer, the Dubai National Air Travel Agency (Dnata). Dnata personnel, who handle about a fifth of the traffic through Cointrin airport, were striking to demand «dignified working conditions and decent wages», the SSP public sector union said on X, formerly Twitter. Around 80 strikers gathered in front of the airport before dawn, wearing bright yellow safety vests and brandishing union flags and posters with messages like: «Dnata is killing me» and «Precarious work means grounded flights». The airport acknowledged that the work stoppage was delaying flights during the busy Christmas rush. «Some of the employees of a service provider are on strike today, causing an impact on our operations,» it said in a statement, apologising to passengers for the inconvenience. Airport spokesman Ignace Jeannerat stressed that there were no problems facing flights not assisted by Dnata personnel. «A majority of operations are going very smoothly,» he told AFP. Luggage left behind Dnata reportedly counts around 600 staff at the airport, who handle various ground operations, including ticketing services and baggage handling, for a number of international airlines such as British Airways, Air France and KLM. Jeannerat said Dnata had been tasked with assisting 85 of the 417 flights scheduled for Sunday, a day when the Geneva airport was expecting 52,000 passengers to travel through. All flights being handled by Dnata's competitor Swissport «are functioning normally… Zero problems,»
latest developments in France
What is the current situation in France?
In France, the spotlight is on major events that impact the interests of residents.
Where can I find reliable news about France?
We publish verified updates about the situation in France, based on information from official representatives.
What shapes the media agenda in France?
The news landscape of France is shaped by major cultural and social events, reflecting its local way of life.