France Finance – CC87 Ported OC http://cc87portedoc.com/ Sat, 17 Sep 2022 15:41:34 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://cc87portedoc.com/wp-content/uploads/2021/05/default.png France Finance – CC87 Ported OC http://cc87portedoc.com/ 32 32 The Louvre and Versailles will turn off lights earlier as part of an energy-saving campaign https://cc87portedoc.com/the-louvre-and-versailles-will-turn-off-lights-earlier-as-part-of-an-energy-saving-campaign/ Sat, 17 Sep 2022 12:33:35 +0000 https://cc87portedoc.com/the-louvre-and-versailles-will-turn-off-lights-earlier-as-part-of-an-energy-saving-campaign/ The lights of the Louvre pyramid will be extinguished two hours earlier as a symbolic gesture. Joel SAGET Text size France’s famous Louvre and Versailles museums will turn off their lights earlier as a symbolic measure to remind the public of the energy crisis triggered by the war in Ukraine, the culture minister said on […]]]>

The lights of the Louvre pyramid will be extinguished two hours earlier as a symbolic gesture.

Joel SAGET

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Double amputation sees Ramsay’s shares plummet https://cc87portedoc.com/double-amputation-sees-ramsays-shares-plummet/ Tue, 13 Sep 2022 21:33:02 +0000 https://cc87portedoc.com/double-amputation-sees-ramsays-shares-plummet/ Shares in Ramsay Healthcare (ASX: RHC) collapsed on Tuesday as two deals believed to be in the works disappeared within days with only a brief explanation to the market and shareholders. The first deal involving the sale of Ramsay’s hospital businesses in Malaysia and Singapore disappeared at the end of last week. The second, a […]]]>

Shares in Ramsay Healthcare (ASX: RHC) collapsed on Tuesday as two deals believed to be in the works disappeared within days with only a brief explanation to the market and shareholders.

The first deal involving the sale of Ramsay’s hospital businesses in Malaysia and Singapore disappeared at the end of last week.

The second, a $28 billion acquisition by KKR and a group of other investors that would have been Australia’s biggest takeover of 2022, fell apart after weeks of talks that made no progress.

So the shares fell on Tuesday – dropping about 10% to $62.942 after falling below $60 at one point, leaving them nearly 30% below KKR’s initial offer price.

KKR withdrew its first offer of $88 per share in late August and presented an alternative that was described by some analysts (and Ramsay) as weaker.

KKR and its group had been unable to access due diligence of Ramsay’s operations in France and instead wanted to acquire Ramsay’s Australian operations and sell its 52.8% stake in Ramsay Sante in France to investors from Ramsay.

KKR’s alternative proposal would see all Ramsay shareholders pay $78.20 in cash for Ramsay’s Australian operations, before getting cash or certificates for the stake in the French operations.

Smaller Ramsay plot holders – those with 5,000 shares or less, representing by far the majority of investors in the group by number – would have been paid $88 in cash, while those with more than 5,000 shares would receive shares of the French company.

Ramsay’s board wanted KKR to stick with the price of the first offer or improve the terms of its alternative proposal.

That seems to have been the sticking point and on Monday night KKR told Ramsay no $88 cash offer and that wouldn’t improve his alternative proposal.

In a one-page statement Tuesday, Ramsay explained:

“The latest correspondence received from the Consortium refers to its review of Ramsay’s FY22 earnings announcement and notes that it is unable to improve the terms of the alternative proposal.

“The correspondence also indicates that while the Consortium recognizes that greater engagement and access to due diligence can provide some positive visibility, the information provided in FY22 results implies that there is pressure to significant drop on the valuation proposed under the alternative proposal.

“The correspondence also indicated that if Ramsay’s board was willing to reset valuation expectations and consider a new proposal, the consortium would move quickly to discuss mutually agreeable terms.

“Ramsay’s board has yet to review correspondence which was received late last night and appeared in the media early this morning, but there is no certainty that another proposal will be presented or that a proposal will result in a transaction,” the letter ended.

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French Nutropy raises 2 million euros for “Next Generation of Cheese” – vegconomist https://cc87portedoc.com/french-nutropy-raises-2-million-euros-for-next-generation-of-cheese-vegconomist/ Mon, 12 Sep 2022 07:00:45 +0000 https://cc87portedoc.com/french-nutropy-raises-2-million-euros-for-next-generation-of-cheese-vegconomist/ France Nutropy raised €2 million in pre-seed funding for its animal-free cheese and milk components. The female-led startup plans to use the capital to launch the cheeses on an industrial scale. Founded by Nathalie Rolland and Dr. Maya Bendifallah, Nutropy uses precision fermentation technology to produce animal-free casein. This milk protein is what gives cheese […]]]>

France Nutropy raised €2 million in pre-seed funding for its animal-free cheese and milk components. The female-led startup plans to use the capital to launch the cheeses on an industrial scale.

Founded by Nathalie Rolland and Dr. Maya Bendifallah, Nutropy uses precision fermentation technology to produce animal-free casein. This milk protein is what gives cheese its elasticity and creaminess, and until recently it could only be obtained from animal sources.

“We want to offer consumers a wide range of cheeses without lactose or dietary cholesterol”

In addition, Nutropy develops dairy fatty acids without animal origin. By combining these ingredients with cheese cultures, the company claims it can create products that are extremely similar to premium dairy cheeses.

© Nutropy

Nutropy’s pre-seed round was led by Beast, Trellis Road, and Big Idea Ventures (the startup participated in the latter’s accelerator program earlier this year). Other backers included VegCapital, FoodHack, Techmind and the French government.

Sustainable solution

Nutropy is one of many European companies making alternative dairy products using precision fermentation. Others include Real Deal Milk in Spain, Formo in Germany and Better Dairy in the UK. The technology is said to be the most sustainable way to produce protein, using far fewer resources than conventional dairy products and creating less pollution.

“As cheese lovers, we know the importance of cheese in our gastronomic culture and want to offer consumers a wide range of cheeses without lactose or dietary cholesterol, produced in an ecological and sustainable way”, said Nathalie Rolland, CEO from Nutropy.

The startup plans to launch its first cheeses within 24 months.

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King Charles promises to serve ‘with loyalty, respect and love’ https://cc87portedoc.com/king-charles-promises-to-serve-with-loyalty-respect-and-love/ Sat, 10 Sep 2022 05:23:59 +0000 https://cc87portedoc.com/king-charles-promises-to-serve-with-loyalty-respect-and-love/ Charles III addressed his nation for the first time, promising to emulate the “lifelong service” of his late mother, Queen Elizabeth, ahead of his official proclamation as king on Saturday. The new monarch’s words came after a day of parliamentary tributes, gun salutes and raw emotion, as thousands gathered at the gates of Buckingham Palace […]]]>

Charles III addressed his nation for the first time, promising to emulate the “lifelong service” of his late mother, Queen Elizabeth, ahead of his official proclamation as king on Saturday.

The new monarch’s words came after a day of parliamentary tributes, gun salutes and raw emotion, as thousands gathered at the gates of Buckingham Palace to leave floral tributes for Elizabeth II, some in tears.

“Queen Elizabeth’s life has been well lived, a promise with fate kept and she is deeply mourned by her passing,” the King said on Friday, in his first national address.

On Saturday, Charles III will be officially “proclaimed” king at an accession council in London, a constitutional formality to recognize his sovereignty in the presence of members of the Privy Council, which includes senior politicians and clergy.

The new king, heir to the throne for 70 years, is now at the center of an elaborately choreographed series of events, encompassing 10 days of national mourning and the widely expected Queen’s funeral in Whitehall on September 19.

Echoing the promise made by his mother before ascending the throne, the king promised “lifelong service. . . Whatever your origins or beliefs, I will strive to serve you with loyalty, respect and love.

The King said he was bestowing the title of Prince of Wales on his son and heir, William, and expressed his deep sense of loss following the death of his “beloved mum” at Balmoral Castle in Scotland on Thursday.

“Thank you for your love and devotion to our family and the family of nations you have served so diligently all these years,” he said of his mother. “Let ‘flights of angels sing unto thee to thy rest’.”

King Charles arrived in London from Balmoral early Friday afternoon and ordered his car to pull up outside Buckingham Palace in a sign of his desire to forge an immediate connection with his people.

He shook hands and exchanged words with dozens of his new subjects to cries of “God Save the King.”

The monarch held her first audience with Liz Truss, the new British Prime Minister, who arrived in black at Buckingham Palace for a highly symbolic moment in the life of the nation.

Truss became Queen Elizabeth’s 15th Prime Minister at Balmoral just three days ago, succeeding Boris Johnson.

Parliament convened at midday for a 10-hour session for MPs to pay their respects to the Queen as the bells rang at St Paul’s Cathedral, Windsor Castle and Westminster Abbey.

Truss told MPs the Queen was ‘one of the greatest leaders the world has ever known’, while Opposition Labor leader Sir Keir Starmer said her death ‘robs our country of its point the most immobile, of its greatest comfort”.

Johnson said the Queen had been ‘as radiant, knowledgeable and fascinated by politics’ as he could remember when they last met on Tuesday, when she ‘saw her 14th Prime Minister and welcomed her 15th’ .

A prayer and reflection service then took place at St. Paul’s Cathedral in London, where mourners delivered the first official rendition of God Save the King.

The new monarch has said he will now step down from the many charities and causes he supported as Prince of Wales, a recognition that as king he will have to avoid politically contentious issues.

Elsewhere, plans were made for features of the new monarch to appear on the country’s coins, stamps and letterboxes; Queen’s Counsel at the Bar will now become King’s Counsel.

Some sporting events, including Premier League football matches and Test cricket, were canceled at the start of the national mourning period. The next meeting of the Bank of England’s monetary policy committee, which was to be held next Thursday, has been postponed until the following week.

London retailers Selfridges and Liberty closed, music was halted in Wetherspoons-owned pubs and sporting and corporate events were canceled across Britain as businesses paid tribute to the life of the Queen Elizabeth II.

During a day of tributes, Emmanuel Macron, President of France, captured a global sense of loss: “For you, she was your queen. For us, she was the queen. For all of us, she will be with us all forever.

Video: Queen Elizabeth II: A Long Life of Duty and Service

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Dr Oz has ties to hydroxychloroquine companies as he backs Covid treatment https://cc87portedoc.com/dr-oz-has-ties-to-hydroxychloroquine-companies-as-he-backs-covid-treatment/ Wed, 07 Sep 2022 21:20:28 +0000 https://cc87portedoc.com/dr-oz-has-ties-to-hydroxychloroquine-companies-as-he-backs-covid-treatment/ Republican Senate candidate from Pennsylvania, Dr Mehmet Oz, has financial ties to at least two pharmaceutical companies that supply hydroxychloroquine, an antimalarial drug he has touted as a possible Covid-19 treatment. Oz, a veteran doctor and television host who faces Democrat John Fetterman in the race for the open Pennsylvania Senate seat, has with his […]]]>

Republican Senate candidate from Pennsylvania, Dr Mehmet Oz, has financial ties to at least two pharmaceutical companies that supply hydroxychloroquine, an antimalarial drug he has touted as a possible Covid-19 treatment.

Oz, a veteran doctor and television host who faces Democrat John Fetterman in the race for the open Pennsylvania Senate seat, has with his wife at least $615,000 in Thermo Fisher Scientific stock, according to its financial disclosure. Thermo Fisher Scientific website lists hydroxychloroquine sulfate as one of its available products. It’s unclear when Oz and his wife bought the stock, or if they owned it because Oz promoted hydroxychloroquine as a Covid treatment early in the pandemic.

Oz and his wife also own between $15,001 and $50,000 worth of McKesson Corporation stock, according to the disclosure. The company labels and distributes hydroxychloroquine sulfate, according at the FDA. It is also not known when they bought McKesson shares.

Hydroxychloroquine sulfate is the antimalarial drug commonly known as hydroxychloroquine, according to the Food and Drug Administration. Doctors across the country, in part spurred on by endorsements from former President Donald Trump and conservative media figures, have offered the drug to patients as a Covid treatment despite its questionable effectiveness against the virus.

Oz’s financial ties to a producer and distributor of the drug, and its promotion as a potential Covid treatment, raise questions about what it stood to gain from its wider use during the pandemic. If he wins the Senate election, he could also face conflicts of interest as Congress grapples with an ever-evolving coronavirus pandemic.

In a statement responding to CNBC’s questions about Oz’s dealings with companies that manufacture or distribute hydroxychloroquine, including when he and his wife bought the shares of Thermo Fisher Scientific, the campaign spokeswoman ‘Oz, Brittany Yanick, did not address the contestant’s financial holdings.

“At the start of the pandemic, Dr. Mehmet Oz spoke to health experts around the world who considered hydroxychloroquine and azithromycin viable treatment options for desperately ill COVID patients. He offered to fund the clinical trial at Columbia University,” she said.

The FDA has approved hydroxychloroquine to fight malaria, but warned that it “has not been shown to be safe and effective in treating or preventing COVID-19.”

Oz took bold steps early in the pandemic to promote its use as a treatment. He urged Trump administration officials in 2020 to support a study he aimed to fund at Columbia University Medical Center on the effect of hydroxychloroquine on Covid-19 patients, according to emails obtained and published by the House Select Subcommittee on the Coronavirus Crisis.

Oz also has ties to a third company that claims to have removed hydroxychloroquine from its US portfolio.

Sanofi, which is headquartered in France and previously made hydroxychloroquine, has for years supported Oz nonprofit HealthCorps, according to the group’s annual disclosure reports. Between 2009 and 2018, Sanofi was listed as a sponsor or in-kind support of the Oz-funded group, which bills itself as aiming to help teens with their health and wellbeing. In 2013, Sanofi was listed as one of the group’s “school sponsors”. The HealthCorps website says a school sponsor must donate $100,000 to qualify.

Sanofi announced in April 2020 that it would donate 100 million doses of hydroxychloroquine to 50 countries around the world as studies assessed the drug’s effectiveness in treating Covid-19.

A Sanofi spokesperson told CNBC the company was not involved in Oz’s comments about Covid-19 or hydroxychloroquine. He explained that Sanofi removed hydroxychloroquine from its US portfolio in 2013 and investigated the use of the drug at the start of the Covid pandemic as a possible means of combating the virus. Once it was deemed ineffective against Covid-19, the company’s work on it ceased.

The spokesperson also explained that the company’s last financial contribution to HealthCorps was in 2011. The company’s rep later corrected himself in a follow-up email to CNBC after this story was published and said that 2013 was, in fact, the last year that Sanofi gave a financial donation to HealthCorps.

Oz’s ties to companies that would benefit from wider use of hydroxychloroquine could pose problems for the Republican if he wins the Senate seat. Kedric Payne, an ethics attorney at the Campaign Legal Center, told CNBC in an email that Oz may choose to divest the companies if he beats Fetterman in November.

“He could have a rude awakening if elected because ethics rules could prohibit him from doing this. Senators cannot use their position to promote goods or services that benefit them financially,” Payne said. “Oz could voluntarily relinquish the stock if elected or stop promoting anything related to his stock.”

A Thermo Fisher Scientific spokesperson declined to comment. A representative for McKesson did not return a request for comment ahead of publication.

Since launching his campaign late last year, Oz has played down warnings from the FDA and other experts against using hydroxychloroquine as a Covid treatment. He suggested political animosity against Trump, who endorsed the drug as a treatment, and Oz in the Senate election, prompted criticism of the drug as a way to fight Covid.

“Now let me say very quickly, I really don’t know if this works or not, we still haven’t been able to prove if this [hydroxychloroquine] works or not, which is a shame, because we should have known by now whether a 70-year-old cheap drug used by a billion people works or not,” Oz said at a campaign rally earlier this year. t, which is a problem in itself. Yet, I mentioned it and then President Trump mentioned it at a press conference, and all of a sudden the whole world hated hydroxychloroquine without testing it, without knowing it.”

Before launching his campaign, Oz more explicitly defended hydroxychloroquine. During a Fox News interview in March 2020, at the height of the pandemic, Oz said “hydroxychloroquine plays a role” in fighting the virus. An on-screen graphic during the Oz interview called the antimalarial drug “promising” as a Covid-19 treatment option.

Oz also asked for help from the White House to start the hydroxychloroquine study he hoped to fund at Columbia, where he was once vice chairman of the department of surgery. He has since said the study never started.

The Pennsylvania candidate’s communications with White House officials were released by the House Select Subcommittee on the Coronavirus Crisis last month. In an email from March 2020 To former Trump White House coronavirus response coordinator Deborah Birx, Oz said he would recruit patients and pay for the hydroxychloroquine trial himself.

Also in March 2020, Oz sent by email According to Trump’s son-in-law and adviser Jared Kushner, “we must make the completion of this study a national priority and insist on immediate enrollment,” according to correspondence obtained and made public by the House committee. Kushner replied to Oz the same day, “What do you recommend to speed it up?”

The New York Post reports that Oz spent $8,800 at that time on hydroxychloroquine tablets for the study and offered to spend $250,000.

Oz, while campaigning for the Pennsylvania Senate seat, blamed then-New York Governor Andrew Cuomo for halting the study after actually banned the antimalarial drug as a Covid treatment.

Oz’s financial ties could become a bigger issue for him if he wins the race in Pennsylvania, one of the few contests that will decide which party controls the Senate next year. A Real Clear Politics polling average shows Fetterman leading Oz by nearly 7 percentage points.

Shareholding in Congress is coming under increased scrutiny. Some lawmakers have proposed a ban on individual stock trades in Congress, which would require lawmakers to place assets in a blind trust or assign them entirely.

Business Insider has identified at least 71 lawmakers who violated the Stop Trading on Congressional Knowledge Act, or STOCK Act. The law aims to prevent members of Congress from trading stocks based on inside information obtained through their work as lawmakers.

However, members of Congress have generally faced little repercussion on lucrative stock trading.

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Energy price increases lead to additional costs for Ukraine https://cc87portedoc.com/energy-price-increases-lead-to-additional-costs-for-ukraine/ Sun, 04 Sep 2022 09:26:08 +0000 https://cc87portedoc.com/energy-price-increases-lead-to-additional-costs-for-ukraine/ In an interview with the BBC, which aired on Sunday, Ukraine’s first lady noted that Russia’s invasion of Ukraine had driven up energy prices across Europe, but was accompanied an additional price for his homeland. Olena Zelenskyy told Laura Kuenssberg: “I understand that the situation is very difficult. . . Prices are also rising in […]]]>

In an interview with the BBC, which aired on Sunday, Ukraine’s first lady noted that Russia’s invasion of Ukraine had driven up energy prices across Europe, but was accompanied an additional price for his homeland.

Olena Zelenskyy told Laura Kuenssberg: “I understand that the situation is very difficult. . . Prices are also rising in Ukraine. But on top of that our people are getting killed. …So when you start counting pennies in your bank account or in your pocket, we do the same and count our victims.

The UK Ministry of Defense said in a Twitter intelligence update on Sunday that “Russian forces continue to suffer from morale and discipline issues in Ukraine. In addition to combat fatigue and high casualties, one of the main grievances of deployed Russian soldiers likely continues to be problems with their pay.

The ministry statement said that “In the Russian military, the income of troops consists of a modest basic salary, augmented by a complex variety of bonuses and allowances. In Ukraine, there have most likely been significant issues with large combat bonuses not being paid. This is likely due to an inefficient military bureaucracy, the unusual legal status of the “Special Military Operation”, and at least some outright corruption among commanders.

“The Russian military has consistently failed to provide basic rights to troops deployed in Ukraine, including proper uniform, weapons and rations, as well as pay,” according to the British ministry. “It almost certainly helped sustain the fragile morale of much of the force.”

On Saturday, a top European Union leader said amid the escalating energy battle between Russia and the West over the war in Ukraine that Europe was “well prepared” – thanks to the ability storage facilities and energy-saving measures – if Russia decides to stop all gas supplies.

“We are well prepared to resist the extreme use of the gas weapon by Russia,” EU Economics Commissioner Paolo Gentiloni told reporters on the sidelines of an economic forum in Italy. “We are not afraid of Putin’s decisions, we ask the Russians to respect the contracts, but if they don’t, we are ready to react.”

Gentiloni’s remarks follow Moscow’s decision on Friday to delay the reopening of its main gas pipeline to Germany. Russia was reacting to the Group of Seven countries’ agreement to cap the price of Russian oil exports, limiting Moscow’s profits.

Gentiloni said gas storage in the European Union “currently stands at around 80%, thanks to the diversification of supplies”, although the situation varies in each country.

Russian energy giant Gazprom said it could not resume natural gas supplies from Germany, just hours before resuming deliveries through the Nord Stream 1 pipeline. Russia blamed a technical fault in the pipeline for this decision, which risks aggravating the energy crisis in Europe.

European Commission spokesman Eric Mamer said on Twitter on Friday that Gazprom had acted under “false pretexts” to shut down the pipeline.

Turbine maker Siemens Energy, which supplies and maintains some of the pipeline’s equipment, said Friday there was no technical reason to stop shipping natural gas.

Moscow blamed Western sanctions that came into effect after Russia invaded Ukraine for hampering pipeline maintenance. Europe accuses Russia of using its influence over gas supplies to retaliate against European sanctions.

On Friday, G-7 finance ministers said they would work quickly to put in place a price cap on Russian oil exports.

Oleksandr Pasko, right, works on repairing a harvester in preparation for harvesting sunflowers in the village of Zorya, Ukraine, September 2, 2022.

G-7 ministers from Britain, Canada, France, Germany, Italy, Japan and the United States said the amount of the price cap would be determined later” based on a range of technical inputs”.

“This price cap on Russian oil exports is designed to reduce Putin’s income, thereby shutting down an important source of funding for the war of aggression,” German Finance Minister Christian Lindner said.

Ukrainian President Volodymyr Zelenskyy welcomed the G-7 finance ministers’ decision.

“When this mechanism is implemented, it will become an important part of protecting civilized countries and energy markets from Russian hybrid aggression,” Zelenskyy said in his Friday night video address.

The energy supply control maneuvers come as Russian and Ukrainian forces strike near the Zaporizhzhia nuclear power plant, where UN inspectors seek to avert a potential disaster.

Ukraine’s military said on Friday it had carried out strikes against a Russian base in the southern town of Enerhodar, near the nuclear power plant.

Russia and Ukraine accuse each other of bombing near the facility. Kyiv also accuses Moscow of stockpiling munitions around the plant and using the facility as a shield to carry out attacks, Russia accuses.

Inspectors from the International Atomic Energy Agency visited the Zaporizhzhia plant this week, after braving artillery blasts to reach the facility on Thursday.

IAEA chief Rafael Mariano Grossi said he and his team had seen everything they asked to see at the factory, hadn’t been surprised by anything and would issue a report early next week on his findings.

Grossi, who left Ukraine, spoke to reporters after arriving at Vienna airport on Friday. He said: “My concern would be physical integrity – would be the power supply and of course the staff” in Zaporizhzhia.

A team of 13 experts accompanied Grossi to Ukraine, and he said six remained in Zaporizhzhia. Of those six, two will stay until the end of hostilities, which Grossi says will make a huge difference.

“If something happens or a limitation occurs, they’re going to report it – report it to us,” Grossi said. “It’s no longer a question of ‘A said this, and B said the opposite.’ Now the IAEA is here.”

On Friday, Ukraine’s nuclear agency, Energoatom, accused Russia of “doing everything possible” to prevent the IAEA mission from learning about the true situation at the facility.

The Zaporizhzhia plant has been controlled by Russia since the early days of its invasion but remains operated by Ukrainian engineers.

With the nuclear plant in a war zone, world leaders have expressed fears that it could be damaged and lead to a radioactive disaster like that of Ukraine’s Chernobyl plant in 1986.

Grain shipments

Ukrainian grain shipments continue. The Joint Coordination Center said on Saturday it cleared two outgoing ships to move on Sunday. The vessels carry a total of 14,250 metric tons of grain and other food products to Turkey.

Ten other ships that were due to travel earlier but were delayed by bad weather are also expected to leave Ukrainian ports on Sunday for destinations in Africa, Asia and Europe.

Margaret Besheer, VOA correspondent at the UN, contributed to this report.

Some information for this story comes from The Associated Press, Agence France-Presse and Reuters.

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Belgian motorists beat fuel inflation with cross-border trips to France https://cc87portedoc.com/belgian-motorists-beat-fuel-inflation-with-cross-border-trips-to-france/ Fri, 02 Sep 2022 21:20:17 +0000 https://cc87portedoc.com/belgian-motorists-beat-fuel-inflation-with-cross-border-trips-to-france/ HALLUIN, France (Reuters) – The French government’s support for petrol prices has led to long queues of Belgian cars queuing at petrol stations just across the border from France, where petrol can be more than 30 euro cents ($0.30) a liter cheaper. Queues lengthened considerably from September 1, when French oil major TotalEnergies launched an […]]]>

HALLUIN, France (Reuters) – The French government’s support for petrol prices has led to long queues of Belgian cars queuing at petrol stations just across the border from France, where petrol can be more than 30 euro cents ($0.30) a liter cheaper.

Queues lengthened considerably from September 1, when French oil major TotalEnergies launched an additional discount of 20 euro cents per liter at 3,500 of its French service stations. This discount was in addition to a discount of 30 euro cents per liter financed by the government in all French service stations, in place for several months.

Christophe Bourgois, 29, a builder, said it was worth traveling to the French border town of Halluin from his Belgian hometown of Comines.

“The price of gasoline here is 30 cents cheaper. It’s a good thing. With a full tank you can feel the difference,” he said as he waited his turn in a line of cars.

Luc Cokelaere, 61, Belgian assembly line worker, accepted.

“I live in Ledegem, about 7 km (4.35 miles) from the border, so why wouldn’t I come here if I can save 10 euros on fuel with such a short detour?” he said.

As he and other drivers queued, French police had to direct traffic to avoid traffic jams.

Gas station operator Marc Braems, who opened his station some 30 years ago, said that in one day he had seen the number of customers double and sold more than triple the volume of gas thanks to the rebates offered by the government and TotalEnergies.

“The problem we may encounter is getting the fuel delivered on time. We have large reservoirs, but given the flow we are currently experiencing, it is coming down faster than we can fill it,” he said.

TotalEnergies said on Thursday that the 20 euro cent discount would continue until October 31 and then drop to 10 euro cents per liter from November 1 to December 31.

(Reporting by Clement Rossignol and Bart Biesemans; Writing by Geert De Clercq; Editing by Mike Harrison)

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Codeshare agreement with Virgin Atlantic to help further expand the network: IndiGo https://cc87portedoc.com/codeshare-agreement-with-virgin-atlantic-to-help-further-expand-the-network-indigo/ Wed, 31 Aug 2022 21:15:00 +0000 https://cc87portedoc.com/codeshare-agreement-with-virgin-atlantic-to-help-further-expand-the-network-indigo/ As IndiGo has signed a new codeshare deal with Virgin Atlantic, its head of global sales, Vinay Malhotra, said on Wednesday such a move would allow the airline to further expand its network. The codeshare with Virgin Atlantic is IndiGo’s seventh. It already has similar agreements with Turkish Airlines, Qatar Airways, Air France, KLM, Qantas […]]]>

As IndiGo has signed a new codeshare deal with Virgin Atlantic, its head of global sales, Vinay Malhotra, said on Wednesday such a move would allow the airline to further expand its network.

The codeshare with Virgin Atlantic is IndiGo’s seventh. It already has similar agreements with Turkish Airlines, Qatar Airways, Air France, KLM, Qantas and American Airlines.

“This codeshare will allow us to further expand IndiGo’s ever-expanding network. IndiGo and Virgin Atlantic will make it easier for passengers to travel to India, the US and the UK,” Malhotra said, adding that travelers from the US and UK will be able to fly to multiple destinations in India with a single ticket, and likewise, travelers from India will fly seamlessly to the US and UK on our two airlines.

Also read: Air India to restore employee wages to pre-Covid levels from September 1

The codeshare partnership means customers booking a Virgin Atlantic ticket will be able to fly on the airline’s London Heathrow flights to Delhi and Mumbai and connect to and from seven additional cities in India.

The deal will allow Virgin Atlantic to sell seats to connecting passengers on IndiGo flights. Initial codeshare destinations in India include Chennai, Bengaluru, Hyderabad, Kolkata, Ahmedabad, Amritsar, Goa, Delhi and Mumbai. Additional destinations will include Kochi, Chandigarh, Jaipur, Pune, Coimbatore, Nagpur, Vadodara, Indore and Visakhapatnam.

“Starting with nine, then moving to 16 domestic points, then gradually to four international points – Dhaka, Colombo, Kathmandu and Male – it’s surely a win-win (for both airlines),” Malhotra said. Codeshare flights will be available this week for booking travel beyond September 27, subject to government approval.

“In the booming post-pandemic aviation market, this partnership will allow our customers to enjoy even more business and leisure destinations. We are indeed committed to developing this code sharing over time,” added Malhotra.

IndiGo currently serves 74 domestic destinations and 26 international destinations. The airline currently operates about 1,600 flights per day, of which 150 are international and operates international flights from 16 airports across India.

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Gazprom reduces gas deliveries to Engie from August 30 https://cc87portedoc.com/gazprom-reduces-gas-deliveries-to-engie-from-august-30/ Tue, 30 Aug 2022 06:32:00 +0000 https://cc87portedoc.com/gazprom-reduces-gas-deliveries-to-engie-from-august-30/ A logo on the Engie exhibition space at the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier Join now for FREE unlimited access to Reuters.com Register PARIS, Aug 30 (Reuters) – Russia’s Gazprom (GAZP.MM) has informed Engie (ENGIE.PA) that it […]]]>

A logo on the Engie exhibition space at the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessier

Join now for FREE unlimited access to Reuters.com

PARIS, Aug 30 (Reuters) – Russia’s Gazprom (GAZP.MM) has informed Engie (ENGIE.PA) that it is cutting its gas deliveries, starting on Tuesday, due to a disagreement between the parties over the enforcement of some contracts, adding to concerns over energy supply, the French utility said.

“As previously announced, Engie had already secured the volumes necessary to meet its commitments to its customers and its own needs, and implemented several measures to significantly reduce the direct financial and physical impacts that could result from a interruption of gas supply by Gazprom,” the statement read.

Deliveries to Engie from Gazprom have dropped considerably since the start of the war in Ukraine, with a recent monthly supply of 1.5 TWh, which compares to Engie’s total annual supplies in Europe above 400 TWh.

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French Prime Minister Elisabeth Borne on Monday urged businesses to draw up energy-saving plans by next month, warning they would be the first to be affected if France ever had no choice but to ration gas and electricity supply. Read more

France is less dependent than some neighbors on gas imports from Russia, which represent around 17% of its gas consumption. But concerns about supply from Russia remain nonetheless.

Engie confirmed on Monday that it was in talks with Algeria’s Sonatrach to increase imports from the North African country, a major oil and gas exporter. Read more

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Reporting by Dominique Vidalon; Editing by Benoit Van Overstraeten

Our standards: The Thomson Reuters Trust Principles.

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Bolsonaro and Lula battle it out in Brazil’s swing state https://cc87portedoc.com/bolsonaro-and-lula-battle-it-out-in-brazils-swing-state/ Sun, 28 Aug 2022 04:00:12 +0000 https://cc87portedoc.com/bolsonaro-and-lula-battle-it-out-in-brazils-swing-state/ In a residential alley where telenovela soap operas vie for attention with barking dogs, Vitoria Carolina has a disheartening message for Brazilian President Jair Bolsonaro and his re-election campaign. The unemployed 23-year-old welcomes a recent increase in social benefits for the country’s poorest, a crucial demographic target for the far-right populist. But she is adamant […]]]>

In a residential alley where telenovela soap operas vie for attention with barking dogs, Vitoria Carolina has a disheartening message for Brazilian President Jair Bolsonaro and his re-election campaign.

The unemployed 23-year-old welcomes a recent increase in social benefits for the country’s poorest, a crucial demographic target for the far-right populist. But she is adamant the extra income won’t influence her at the polls in October.

“It’s just a strategy to win votes. It won’t influence mine,” she said from the outskirts of Belo Horizonte, the capital of southeastern Minas Gerais state. Like many other residents of the deprived community of Granja de Freitas, she remains loyal to Bolsonaro’s leftist rival, Luiz Inácio Lula da Silva, the former president whose party built the social housing in which she lives.

As Latin America’s biggest democracy prepares for the most heated contest since the end of its military dictatorship nearly four decades ago, the two main contenders are trying to make inroads in Brazil’s flagship state. Home to the second-largest voter population in the country – 16 million, or roughly one in 10 Brazilian electorates – Minas Gerais has been carried by all elected candidates since direct presidential elections were reinstated in 1989.

In a campaign where the economy and tight living standards are at the forefront of the debate, Minas Gerais and its neighboring states of São Paulo and Rio de Janeiro will be “the key battleground”, according to Mauricio Moura, director general of the polling company Ideia Big Data.

“Swing voters – people who could vote for either side and are furthest outside the bubbles of both candidates – are highly concentrated [in the three states]“, Moura added.

Lula, the election favorite according to the polls, has chosen Belo Horizonte to host his first official rally this month. Days earlier, Bolsonaro launched his campaign in Juiz de Fora, another town in Minas Gerais, where four years ago he was stabbed and nearly killed while on the stump.

Lula supporters gather in Belo Horizonte earlier this month for the former president’s first official campaign rally © Ivan Abreu/SOPA Images/LightRocket/Getty Images

In 2018, citizens tired of corruption scandals and political and economic crises backed the former army captain’s nationalist anti-corruption and slim government platform, while his support for conservative values ​​appealed to many. many evangelical Christians.

But the 67-year-old’s ratings have suffered from the economic fallout from Covid-19 and dissatisfaction with his handling of the pandemic. At the national level, Lula has 47% of voting intentions in the first round against 32% for Bolsonaro, according to the latest Datafolha poll. It also gave the left a lead in Rio de Janeiro, São Paulo and Minas Gerais, the country’s most populous and wealthy states.

With its diverse social and economic makeup, Minas Gerais holds clues as to whether Bolsonaro can continue to close the gap with his 76-year-old rival, who served two terms as president between 2003 and 2010. Bigger than mainland France. , the landlocked state has a strong agro-industrial sector, rich mineral deposits and a steel industry. But it is also marked by impoverishment, especially in its northern region.

Known as Mineiros, residents of the state tend to be conservative and moderate in their political outlook, according to Paulo Paiva, an economist at the Fundação Dom Cabral business school in Belo Horizonte. Many low-income voters from the urban peripheries, traditionally supportive of Lula’s Workers’ Party (PT), backed Bolsonaro in 2018.

“The dispute will be in the metro area within the lower middle class,” he said, adding that he believed wealthier voters would “give Bolsonaro more votes than he is saying. polls”. Nearly two-thirds of voters in Belo Horizonte backed Bolsonaro in 2018, higher than the national rate of 55%.

In the city’s downtown, taxi driver Vinicios Costa da Silva hailed the social advances made during Lula’s first term. But he became disillusioned with the corruption scandals that have marred the PT.

“Bolsonaro talks a lot and doesn’t think about what he’s saying,” added Costa da Silva, a cross hanging from the rear-view mirror of his taxi. “On the other hand, what I consider positive is his honesty.”

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Confectionery entrepreneur Geraldo Miagella, 45, from Abaeté, a town about 200 km northwest of Belo Horizonte, also said he had voted for Lula in the past but would support again Bolsonaro because he was “doing a good job”.

“It has reduced corruption a lot,” he added. “I think with four more years he will manage to achieve his goals.”

The president’s aggressive stances, which include questioning the integrity of the country’s e-voting system, are too much for some Mineiros. In the upmarket neighborhood of Belvedere in Belo Horizonte, Carla Caricatti accused Bolsonaro of polarizing Brazil.

“Savior of the country? He didn’t save anyone,” said the 42-year-old lawyer who is considering voting for Lula: “He’s not perfect, but we have no other option.”

Map of Brazil focusing on Minas Gerais

For many voters, economic issues will matter more than the contrasting worldviews of Bolsonaro and Lula, analysts say.

“Lula has a positive factor: the memory of people who come out of poverty,” said Reginaldo Lopes, a PT federal deputy who coordinates Lula’s campaign in Minas Gerais.

Although unemployment and inflation are down, Carlos Viana, a senator running for governor from Minas with Bolsonaro’s party, admitted it was “a big challenge” to promote the improving outlook because many low-income families are not yet feeling the benefits.

He hopes that the reluctance of some Mineiros disclosing his political views will work to Bolsonaro’s advantage. “The Brazilian voter will only decide 15 days before the election,” he added. “It’s even stronger in Minas”.

Back in Granja de Freitas, 27-year-old Lucas Henrique Crepalde de Sousa, who repairs computers and works as a driver for a carpooling app on weekends, is a rare voice in favor of the president, calling him a “good person”. . ” whose policies have improved Brazil.

“I will vote for Bolsonaro,” he said. “But I won’t tell anyone here.”

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