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STMicro, GlobalFoundries Plan New $5.7 Billion French Chip Factory
The project represents the lion's share of 6.7 billion euros ($6.8 billion) of investment from major global companies that President Emmanuel Macron is due to announce at this year's Choose France summit in Versailles.
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3 Factories Of Billionaire Sanjeev Gupta's Steel Empire Face Bankruptcy
Three French auto parts factories belonging to Alvance Aluminium, part of the steelmaking GFG Alliance owned by Indian-British billionaire Sanjeev Gupta, will file for bankruptcy protection on Friday, the company and unions said.
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MotoGP: Fabio Quartararo Beats Jack Miller To Pole For French GP At Le Mans
Petronas Yamaha SRT rider Fabio Quartararo beat Pramac Ducati's Jack Miller in the final seconds of qualifying by just 0.222s, while Danilo Petrucci on the factory Ducati starts third in his best qualifying session in the season so far.
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Daimler Seeks To Sell French Factory In Production Overhaul
Daimler will seek to sell its factory in Hambach, France, as part of an overhaul of its production system, the German carmaker said on Friday, prompting France's finance minister to urge the company to reconsider. The move comes as the auto industry faces overcapacity and plunging demand for new cars in Europe. It will also lead Daimler to take a r...
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Carmaker PSA Cuts Back On Transfer Of Polish Workers To French Plant
France's PSA, the maker of Peugeot cars, on Monday said it would only transfer a small group of Polish workers to help out in a French plant where production is being increased, following a backlash over the knock-on effect for local jobs. Like rival auto firms, PSA is gradually cranking up its manufacturing capacity again following a shutdown caus...
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Coronavirus Pandemic: French Carmakers Plan To Restart Production Under New Safety Measures
Peugeot-owner PSA and Renault are planning new safety measures in a push by France's major industrial groups for a breakthrough with workers to reopen some factories before the government lifts its lockdown from mid-May, unions said.
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Coronavirus Lockdown: Renault Workers Use 3D Printers To Make Medical Visors From Home
Renault workers in Spain have begun using 3D printers to manufacture visors for health workers from home, the French carmaker said on Tuesday, in a scheme that could be expanded to make other medical equipment elsewhere.
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Yamaha To Replace 7-Time MotoGP Champion Valentino Rossi With Fabio Quartararo
Fabio Quartararo, 20, impressed in his debut MotoGP campaign in 2019 with Yamaha's satellite team and will make the step up to the factory line-up for the 2021 and 2022 seasons.
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TVS' Adrien Metge Finishes 12th As Honda's Ricky Brabec Takes Dakar 2020 Title
One of the world's most challenging rallies, the Dakar 2020 finally comes to an end Sherco TVS Rally Factory Team ended its run on a fantastic note. French rider Adrien Metge finished in seventh place in the final stage and completed 12th overall, thanks to extremely consistent performance throughout the rally. The rider stepped for injured brother...
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MotoGP: Marquez Wins Dramatic French GP; Hard Fought 2nd For Dovizioso
Reigning world champion Marc Marquez of Honda secured another win this season after a dominant run in the 2019 MotoGP French Grand Prix at Le Mans. The Japanese factory team secured its 300th premier class win, 53 years after taking Jim Redman took its first-ever at Hockenheim. While Marquez made a strong run right from the opening lap, it was Duca...
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World's Largest Nutella Factory In France Reopens After "Quality Defect"
The world's largest Nutella factory restarted production on Monday after it stopped work for five days as a precautionary measure over a "quality defect", owner Ferrero's French branch said.
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WWI Grenade Found In French Potato Shipment In Hong Kong, Detonated
A German World War I hand grenade was found among a shipment of French potatoes imported for a Hong Kong crisp factory, the police said.
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PM Launches All-Electric Superfast Train, A Make-In-India Leap: 10 Points
In Patna to mark the centenary celebrations of Mahatma Gandhi's Champaran Satyagraha, Prime Minister Narendra Modi today unveiled a handful of projects worth around 6600 crore, flagged off India's first all-electric superfast train and gave a boost to the Clean India mission. There was also a show of solidarity with Chief Minister Nitish Kumar, who...
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Indian Railways To Get First High-Speed Electric Locomotive: 5 Facts
Indian Railways is all set to add the first high-speed electric locomotive to its list of transport vehicles. The electric locomotive, with a 12,000 horsepower (HP), will be flagged off from Bihar's Madhepura loco factory by Prime Minister Narendra Modi on Tuesday. Till now, the most powerful electric engine in India was of 6,000 HP. With the launc...
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Lotte Group And Peugeot SA Plan To Invest Up To $6 Billion In India
Lotte Group and French automotive group Peugeot SA are in discussion to invest almost $6 billion in the Indian market. While Lotte Group is planning to invest anywhere between $3 billion and $5 billion and Peugeot SA plans to spend about $1.2 billion for its new facility.
-
STMicro, GlobalFoundries Plan New $5.7 Billion French Chip Factory
The project represents the lion's share of 6.7 billion euros ($6.8 billion) of investment from major global companies that President Emmanuel Macron is due to announce at this year's Choose France summit in Versailles.
-
3 Factories Of Billionaire Sanjeev Gupta's Steel Empire Face Bankruptcy
Three French auto parts factories belonging to Alvance Aluminium, part of the steelmaking GFG Alliance owned by Indian-British billionaire Sanjeev Gupta, will file for bankruptcy protection on Friday, the company and unions said.
-
MotoGP: Fabio Quartararo Beats Jack Miller To Pole For French GP At Le Mans
Petronas Yamaha SRT rider Fabio Quartararo beat Pramac Ducati's Jack Miller in the final seconds of qualifying by just 0.222s, while Danilo Petrucci on the factory Ducati starts third in his best qualifying session in the season so far.
-
Daimler Seeks To Sell French Factory In Production Overhaul
Daimler will seek to sell its factory in Hambach, France, as part of an overhaul of its production system, the German carmaker said on Friday, prompting France's finance minister to urge the company to reconsider. The move comes as the auto industry faces overcapacity and plunging demand for new cars in Europe. It will also lead Daimler to take a r...
-
Carmaker PSA Cuts Back On Transfer Of Polish Workers To French Plant
France's PSA, the maker of Peugeot cars, on Monday said it would only transfer a small group of Polish workers to help out in a French plant where production is being increased, following a backlash over the knock-on effect for local jobs. Like rival auto firms, PSA is gradually cranking up its manufacturing capacity again following a shutdown caus...
-
Coronavirus Pandemic: French Carmakers Plan To Restart Production Under New Safety Measures
Peugeot-owner PSA and Renault are planning new safety measures in a push by France's major industrial groups for a breakthrough with workers to reopen some factories before the government lifts its lockdown from mid-May, unions said.
-
Coronavirus Lockdown: Renault Workers Use 3D Printers To Make Medical Visors From Home
Renault workers in Spain have begun using 3D printers to manufacture visors for health workers from home, the French carmaker said on Tuesday, in a scheme that could be expanded to make other medical equipment elsewhere.
-
Yamaha To Replace 7-Time MotoGP Champion Valentino Rossi With Fabio Quartararo
Fabio Quartararo, 20, impressed in his debut MotoGP campaign in 2019 with Yamaha's satellite team and will make the step up to the factory line-up for the 2021 and 2022 seasons.
-
TVS' Adrien Metge Finishes 12th As Honda's Ricky Brabec Takes Dakar 2020 Title
One of the world's most challenging rallies, the Dakar 2020 finally comes to an end Sherco TVS Rally Factory Team ended its run on a fantastic note. French rider Adrien Metge finished in seventh place in the final stage and completed 12th overall, thanks to extremely consistent performance throughout the rally. The rider stepped for injured brother...
-
MotoGP: Marquez Wins Dramatic French GP; Hard Fought 2nd For Dovizioso
Reigning world champion Marc Marquez of Honda secured another win this season after a dominant run in the 2019 MotoGP French Grand Prix at Le Mans. The Japanese factory team secured its 300th premier class win, 53 years after taking Jim Redman took its first-ever at Hockenheim. While Marquez made a strong run right from the opening lap, it was Duca...
-
World's Largest Nutella Factory In France Reopens After "Quality Defect"
The world's largest Nutella factory restarted production on Monday after it stopped work for five days as a precautionary measure over a "quality defect", owner Ferrero's French branch said.
-
WWI Grenade Found In French Potato Shipment In Hong Kong, Detonated
A German World War I hand grenade was found among a shipment of French potatoes imported for a Hong Kong crisp factory, the police said.
-
PM Launches All-Electric Superfast Train, A Make-In-India Leap: 10 Points
In Patna to mark the centenary celebrations of Mahatma Gandhi's Champaran Satyagraha, Prime Minister Narendra Modi today unveiled a handful of projects worth around 6600 crore, flagged off India's first all-electric superfast train and gave a boost to the Clean India mission. There was also a show of solidarity with Chief Minister Nitish Kumar, who...
-
Indian Railways To Get First High-Speed Electric Locomotive: 5 Facts
Indian Railways is all set to add the first high-speed electric locomotive to its list of transport vehicles. The electric locomotive, with a 12,000 horsepower (HP), will be flagged off from Bihar's Madhepura loco factory by Prime Minister Narendra Modi on Tuesday. Till now, the most powerful electric engine in India was of 6,000 HP. With the launc...
-
Lotte Group And Peugeot SA Plan To Invest Up To $6 Billion In India
Lotte Group and French automotive group Peugeot SA are in discussion to invest almost $6 billion in the Indian market. While Lotte Group is planning to invest anywhere between $3 billion and $5 billion and Peugeot SA plans to spend about $1.2 billion for its new facility.
