In April 2018, Total had shown interest in the Saudi petrol station market. This collaboration follows up on the earlier MOU it had signed with the Saudi oil and gas giant. On Tuesday, Patrick Pouyanne, the Chief Executive of French… Read More ›
France
EU to decide on introducing taxes on digital companies by the end of 2018
French Finance Minister Bruno Le Maire expects the EU to take a stand on this issue by the end of this year. On the sidelines of the Globsec Tatra Summit in Slovakia, French Finance Minister Bruno Le Maire disclosed he… Read More ›
Become more competitive before talking of selling stake: French Finance Minister Bruno Le Maire
Bruno Le Maire’s comments come in the wake of Air France-KLM’s Canadian boss telling Air France’s labour unions that they should not depend on the state to bail them out and that the government was prepared to offload its stake… Read More ›
Global expenditure on advertising to grow at 4.5% through 2018: Zenith
The bulk of the spending on advertising will be allocated to social media ads and paid searches on search engines. As per a report prepared by Zenith, an industry forecaster, companies across the globe would have spend nearly $581 billion… Read More ›
Linde Praxair deal hits antitrust hurdle, talks on
Earlier this month, the U.S. Federal Trade Commission (FTC) had demanded that Line sell off more assets than it had previously anticipated; the FTC also wanted prospective buyers to meet certain requirements. In a warning to investors, Linde has disclosed… Read More ›
No direct fallout from renewed Iran sanctions: Nestle
Despite protests from U.S. allies, Washington has reclamped sanctions on Iran. On Tuesday, with the US sanctions being snapped back in place on Iran, Nestle, the world’s biggest food company, stated it does not see a direct fallout as a… Read More ›
EU Antitrust regulators to launch full-scale investigation into Thales’ $5.6 billion bid for Gemalto
Thales did not offer any concessions to address overlapping concerns. On Thursday, as per two sources familiar withe the matter at hand, antitrust regulators from the European Union are set to launch a full-scale investigation into French aerospace and defense… Read More ›
Demand for LNG to outpace crude oil in the next 2 decades
France’s Total SA, a big player in the global LNG market, is positioning itself strategically across the length of the LNG supply chain – from production, liquefaction to shipping and sales, to reap the growing bounty. The global natural gas… Read More ›
Casino teams up with L’Oreal as the duo ramp up their market presence to fight Amazon.com
Amazon.com’s acquisition of Whole Food Market Inc in 2017 have spurred spurred European retailers to boost their online offering so as to be in a better position to fight the world’s world’s largest online retailer. In a development that marks… Read More ›
French drugmaker Sanofi enters $100 billion cancer drug treatment market
Sanofi’s strength in molecular oncology is likely to provide it a competitive edge over its peers as to what drives the growth of cancer tissues, how these cells functions and proliferation in the body. In a strategic development, French drugmaker,… Read More ›