France Financial News
23.04 / 12:51
Action
WhatsApp
Corning
Food
War
Department
Action plans for banana, mangoes exports among 20 agricultural products in works
action plans for around 20 agricultural products including banana, mangoes, potato and baby corn to boost their exports and these are likely to be ready in the next 3-4 months. “We have identified 20 products. At present, India’s share is low in global exports. We are working on a detailed action for all these products,” said Rajesh Agarwal, additional secretary, department of commerce, adding that the action plan will be discussed with all the stakeholders including states for further action. Fresh grapes, pomegranate, watermelon, guava, green chilly, capsicum, okra, garlic, onion, groundnut, alcoholic beverages, cashew nut, buffalo meat, jaggery, natural honey, and ghee are the other products included in the exercise as India aims to increase its share in global exports to 4-5% in the next few years from 2.5% now.
23.04 / 10:28
WhatsApp
President
Russia warns of direct clash of N-Powers over Ukraine
Russia said on Monday that US, British and French military support for Ukraine has pushed the world to the brink of a direct clash between the world's biggest nuclear powers that could end in catastrophe. President Vladimir Putin's 2022 invasion of Ukraine has touched off the worst breakdown in relations between Russia and the West since the 1962 Cuban Missile Crisis, according to Russian and US diplomats. Russian foreign minister Sergei Lavrov said the US and NATO were obsessed with the idea of inflicting «strategic defeat» on Russia.
23.04 / 09:57
Manufacturing
WhatsApp
country
L&T manufactures hydrotreating reactor for refinery in Mexico
Engineering and construction conglomerate Larsen & Toubro (L&T) on Tuesday said it has manufactured a hydrotreating reactor for the Antonio Dovali Jaime Refinery at Salina Cruz, in Mexico. The reactor has been dispatched for Mexico from the company's A M Naik Heavy Engineering Complex at Hazira in Gujarat. «Equipped with critical Cr-Mo-V metallurgy, the hydrotreating reactor is based on a technology developed by France-headquartered Axens. It has been manufactured at the Hazira Complex in a record 15 months,» it said in a statement. The reactor uses hydrotreating process, which is a catalytic conversion in petroleum refining, among others, for removing impurities such as nitrogen and sulphur compounds from hydrocarbon streams.
23.04 / 09:42
markets
Target
FIVE
economy
CME
Cycling
Euro at highest since 2008 on yen, markets nervous about Toyko stepping in
euro on Tuesday, keeping investors on heightened intervention watch ahead of the Bank of Japan's meeting this week, while dovish policy maker chatter left sterling around its softest in months. The euro, which climbed broadly after stronger than expected business activity data in France and Germany, reached 165.62 yen, its highest since 2008.
23.04 / 09:13
Provident
Cooper
Mobile
country
travelers
rights
Updates
Indians can now apply for multiple entry Schengen visa with longer validity. Check details
Germany. According to the European Union's official website, the rules have been updated in view of strengthened relations between European Union and India under EU-India Common Agenda on Migration and Mobility. This agenda seeks comprehensive cooperation on migration policy between the European Union and India, with facilitation of people-to-people contacts being of key aspect due to the importance of India as a partner for the EU.
23.04 / 08:42
UPS
Digital
Platform
TikTok
information
Features
Videos
The EU ratchets up pressure on TikTok's new rewards app over risks to kids, warns of suspension
The new app pays users to watch videos.
23.04 / 08:32
UPS
BLOCK
Election
show
audience
Is the ‘Seinfeld theory’ coming for Justin Trudeau’s political future?
major spending geared at a millennial and Gen Z audience will be enough to keep Prime Minister Justin Trudeau in power once election time rolls around.“I subscribe to what I call the Seinfeld theory of political longevity,” John Manley told West Block host Mercedes Stephenson.“Seinfeld, great show, lasted nine seasons. And if you think in terms of modern political history in Canada, think back to Brian Mulroney: nine seasons, Jean Chretien: 10 seasons, Stephen Harper: nine seasons,” he said, referencing the years they spent in power.Manley adds Canada is not unique.
23.04 / 06:08
ETF
Manufacturing
CEO
Platform
Strategy
track
Asset managers propose strategic partnership to expand US, global distribution
Two asset management firms – one in Texas and one headquartered in Paris, France – have agreed a strategic partnership that will add scale to the firms’ U.S. and global distribution operations.
21.04 / 06:11
Progressive
Career
awards
tennis
beautiful
Sporting
Former world number one and two-time major winner Muguruza retires
Grand Slam winner Garbine Muguruza announced her retirement from tennis on Saturday after more than a year without playing. «The time has come to say goodbye, it has been a long and beautiful career, but I feel the time has come to retire,» Muguruza, 30, told a press conference at the Laureus Awards. «It's a decision that I've been taking little by little.»
20.04 / 16:02
Citi
Aviat
Airlines
awards
wellness
travelers
Department
'India becoming a convenient hub for travel between SE Asia & Middle East': IndiGo Chairman
India is slowly becoming a convenient hub for travel between Southeast Asia and the Middle East as airlines prefer to transfer people by connecting through Indian cities, a top industry official said. There is huge growth in India and many domestic routes are used by airlines for connectivity, V Sumantran, the Chairman of the Board of Directors of InterGlobe Aviation Ltd (IndiGo Airlines) said here on Saturday. Delivering his address at the 65th Institute Day of the Indian Institute of Technology, Madras, he said that IndiGo Airlines started off as a low-cost airline in 2006 and has made the largest single order in the aviation industry by ordering 500 aircrafts in France. «India needed an airline that will provide affordable travel for many of us and the net result we can see. Even now we see India really moving forward with a lot more speed on infrastructure development. We have about 140 operating airports now and that would become 220 by 2030. We are seeing a huge increase in regional travel,» Sumantran, an IIT-Madras alumni, said.
20.04 / 12:15
markets
UPS
Manufacturing
Food
information
reports
International
Customers
France asks retailers to alert customers to cases of 'shrinkflation'
The French government has announced a new rule that will require stores to tell customers when a product becomes smaller but its price stays the same or increases
19.04 / 13:13
UPS
Google
Research
President
Universities
social
Features
Meta's newest AI model beats some peers. But its amped-up AI agents are confusing Facebook users
Generative AI is advancing so quickly that the latest chatbots available today could be out of date tomorrow
18.04 / 20:54
Aware
Manufacturing
security
Sustainability
Fitch
Trade
International
JSW Steel raises $900-million loan from eight foreign banks
JSW Steel, India's largest manufacturer of the alloy, has raised $900 million from a consortium of eight foreign banks to refinance debt maturing this month and pre-pay some high-cost borrowings. The loan was priced 180 basis points above the international secured overnight financing rate (SOFR) earlier this month, multiple people aware of the details said. One basis point is a hundredth of a percentage point. Eight banks — Singapore's DBS Bank, France's BNP Paribas, UK-based HSBC and Standard Chartered, UAE's Mashreq Bank and First Abu Dhabi Bank, Japan's Sumitomo Mitsui Banking Corp (SMBC) and Taiwan's CTBC Bank — are the joint underwriters for the loan.
18.04 / 08:01
markets
Provident
Action
Food
Nestle
reports
Investigations
Nestle may face strict action by Indian food regulator if found guilty in sugar controversy
FSSAI) on Thursday took cognisance of Nestle's Cerelac sugar case, reported ET NOW citing sources. The regulator said that if found guilty, strict actions will be taken against the brand. A committee will be examining the matter, said FSSAI, as per ET NOW sources. Nestle sugar controversy Nestle adds sugar to infant milk sold in less affluent nations including India but not in its primary markets like Europe or the UK, reported ToI. The revelation came to light when «Public Eye,» a Swiss investigative organization, and IBFAN (International Baby Food Action Network) dispatched samples of the company's baby food items marketed in Asia, Africa, and Latin America to a Belgian laboratory for examination.
18.04 / 02:49
UPS
Digital
Platform
TikTok
European Commission
social
Videos
European Union questions TikTok on new app that pays users for watching
European Union regulators are seeking details from TikTok on a new app from the video sharing platform that pays users to watch videos
17.04 / 22:38
COST
UPS
Research
Simulation
Universities
show
country
New study calculates climate change's economic bite will hit about $38 trillion a year by 2049
A new study says climate change will reduce future global income by about 19% in the next 25 years compared to a fictional world that’s not warming, with the poorest areas and those least responsible for heat-trapping gases taking the biggest monetary hit
17.04 / 20:45
17.04 / 20:09
Compilation
Continental
performer
country
Olympics
International
athletics
Olympics: US forecast to top medals table for fourth straight Games
Paris, while France will get a major host-nation bump from eighth to third, according to a forecast 100 days out from the opening ceremony. The Gracenote virtual medals table, which is compiled using results data from key global and continental competitions since the Tokyo Olympics, has the U.S. on top both on gold medal count (39) and total medal count (123). The U.S. will host the next Olympics after Paris in Los Angeles in 2028.
17.04 / 11:51
Provident
Digital
Landmark
TikTok
European Commission
information
Schools
Investigations
TikTok quizzed by EU on TikTok Lite launch in France, Spain
TikTok has been given 24 hours to provide a risk assessment on its new app TikTok Lite launched this month in France and Spain on concerns of its potential impact on children and users' mental health, the European Commission said on Wednesday. The move by EU industry chief Thierry Breton under EU tech rules known as the Digital Services Act (DSA) comes two months after he opened an investigation into TikTok over possible DSA breaches.
17.04 / 03:57
Reuters
Platform
information
reports
Schools
Investigations
France's Mistral AI seeks funding at $5 billion valuation: report
Mistral AI has been speaking to investors about raising several hundred million dollars at a valuation of $5 billion, The Information reported on Tuesday. It's unclear which investors Mistral has spoken to about a new funding round, the report said, citing a person with direct knowledge of the matter.
17.04 / 03:15
UPS
Gap
community
country
gatherings
International
Women entrepreneurs could help enrich the world by $6 trillion
Every small business owner knows how difficult it can be to access affordable capital. But for many women in the Global South, it’s not just difficult, it’s often impossible. A few years ago in Senegal, I met a woman who decided to do something about that problem.
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