France

European stocks close slightly higher; Prosus up nearly 16% on Tencent share sale plan
World

European stocks close slightly higher; Prosus up nearly 16% on Tencent share sale plan

LONDON — European stocks closed slightly higher on Monday, as a positive trend seen at the end of last week’s trading lost some momentum. The pan-European Stoxx 600 index provisionally ended 0.6% higher, having traded up more than 1% earlier in the session. Mining stocks rose over 2% to lead the gains. In terms of […]

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The race to make green hydrogen competitive is on. And Europe is building industrial-scale electrolyzers to help
Business

The race to make green hydrogen competitive is on. And Europe is building industrial-scale electrolyzers to help

One type of hydrogen production uses electrolysis, with an electric current splitting water into oxygen and hydrogen. If the electricity used in this process comes from a renewable source then some call it “green” hydrogen. Alex Kraus | Bloomberg | Getty Images Siemens Energy and Air Liquide have announced plans to set up a joint […]

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World’s largest hybrid ship set to ferry passengers between Britain and France
Business

World’s largest hybrid ship set to ferry passengers between Britain and France

An artist’s impression of the Saint-Malo at sea. According to Brittany Ferries will have a battery capacity of 11.5 megawatt hours. Brittany Ferries A ship set to carry passengers between the U.K. and France in the next few years will be the largest hybrid-vessel ever built, according to operator Brittany Ferries. In a statement Tuesday, […]

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Macron faces tough battle for control of parliament as France votes
World

Macron faces tough battle for control of parliament as France votes

After five years of undisputed control, Macron, known for his top-down approach to power, is looking at a new mandate where he will need to strike more compromises. Ludovic Marin | Afp | Getty Images France votes on Sunday in a high-stakes parliamentary election that could deprive centrist President Emmanuel Macron of the absolute majority […]

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First time on a yacht? Avoid these 7 amateur mistakes
Business

First time on a yacht? Avoid these 7 amateur mistakes

While most of the travel industry struggled to get back on its feet, the yachting industry had a different problem during the pandemic: serving everyone wanting to charter a boat. Like the rise in private jet travel during the pandemic, charter demand remains “extremely strong,” said Crom Littlejohn, chief commercial officer of the yacht brokerage […]

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Airbus sets up UK-based facility that will focus on hydrogen tech for aircraft
Technology

Airbus sets up UK-based facility that will focus on hydrogen tech for aircraft

A model of one of Airbus’ ZEROe concept planes, photographed in November 2021. The firm has said it wants to develop “zero-emission commercial aircraft” by the year 2035. Giuseppe Cacace | Afp | Getty Images Airbus is launching a U.K.-based facility focused on hydrogen technologies, a move which represents the firm’s latest attempt to support […]

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Renault reveals electric-hydrogen hybrid concept car, says it will have range of up to 497 miles
World

Renault reveals electric-hydrogen hybrid concept car, says it will have range of up to 497 miles

Details of Renault’s Scénic Vision concept car were presented to the public on May 19, 2022. The firm’s idea of developing a passenger vehicle that uses hydrogen technology is not unique. Benjamin Girette | Bloomberg | Getty Images Renault has released details of an electric-hydrogen hybrid concept car, with the French automaker describing hydrogen technology […]

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France becomes first big European nation to grant crypto giant Binance regulatory approval
Technology

France becomes first big European nation to grant crypto giant Binance regulatory approval

Binance CEO Changpeng Zhao gave a keynote at a Paris crypto industry event in April 2022 to debut a new accelerator program for so-called “Web3” start-ups. Benjamin Girette | Bloomberg | Getty Images Binance has been granted approval from regulators to operate its cryptocurrency exchange in France. The company is now listed as a registered […]

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France’s BNP Paribas posts 19% rise in quarterly net profit
World

France’s BNP Paribas posts 19% rise in quarterly net profit

French bank BNP Paribas on Tuesday posted a 19.2% rise in net income in the first quarter, helped by a sharp increase in trading activities and said it kept 2025 targets amid the Russia-Ukraine conflict and a worsening economic growth outlook. France’s biggest listed lender said in a statement net profit reached 2.11 billion euros […]

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These global stocks look cheap after falling over 20% — and analysts love them
World

These global stocks look cheap after falling over 20% — and analysts love them

These buy-rated stocks look to be trading at a sharp discount and could be primed for big returns going forward. Source

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