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France
In a joint statement the French and US-Italian carmakers said their boards of directors "have each unanimously agreed to work towards a full combination of their respective businesses by way of a 50/50 merger".
Peugeot and Fiat Chrysler unveil merger of equals
31 Oct 2019 2:12 PM

Merger would be achieved via creation of a parent company in Netherlands in which the shareholders of each current group would own half.

The French parliament earlier this month passed a new law that will tax digital giants on revenue accrued inside the country, even if their European headquarters are elsewhere, in a move that will affect huge US groups Google, Apple, Facebook, Uber and Amazon. (Photo: File | ANI)
G7 ministers reach consensus on taxing tech giants like Google, Amazon: France
18 Jul 2019 5:56 PM

G7 ministers 'fully supported a two-pillar solution to be adopted by 2020', said a statement from France.

Carlos Ghosn is accused of under-reporting millions of dollars in income at Nissan and of of using company funds for personal expenses -- charges he denies. (Photo: File | PTI)
Ghosn sues Nissan and Mitsubishi for breach of contract: report
18 Jul 2019 1:29 PM

Ex-chief of both Renault and Nissan Carlos Ghosn, is awaiting trial in Japan on charges of fraud.

Between allies, we can, and we should, solve our differences without using threats, French Finance Minister Bruno Le Maire said. (Photo: Representational))
France adopts pioneering tax on tech giants like Google, Amazon, Facebook & Uber after US threat
12 Jul 2019 12:53 PM

Global tax rules should be updated for the digital age, Internet Association's Jordan Haas.

The Airbus A321XLR will be the longest-range narrow-body jetliner and arrives as airlines look to maximise the flexibility of more fuel-efficient, single-aisle aircraft.
Airbus launches long-range A321 jet, close to 200 orders expected
17 Jun 2019 3:17 PM

Leasing company Air Lease Corp on Monday announced a deal for 100 Airbus planes, including 27 of the A321XLR jets.

France halts fuel tax hikes
05 Dec 2018 2:36 AM

100 years of WW1: World leaders gather in Paris
12 Nov 2018 2:05 AM

Dassault says it picked Reliance of its own will for Rafale deal
12 Oct 2018 2:57 AM

ArcelorMittal isn’t a loan defaulter, is eligible to acquire Essar: LN Mittal
ArcelorMittal isn’t a loan defaulter, is eligible to acquire Essar: LN Mittal
07 May 2018 12:47 AM

Undeterred by the initial setback in its plans to acquire debt-laden Essar Steel, ArcelorMittal chairman and CEO Lakshmi Mittal has emphasised that his company has never defaulted on any bank loan and held that he was on firm legal ground to meet the eligibility criteria under Clause 29A that prevents promoters of defaulting companies to bid for the assets on sale.

Airbus rebuffs US threat, takes Bombardier C-Series in fold
18 Oct 2017 2:43 AM

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