France

The U.S. product markets regulator on Tuesday bought the Swiss energy trader TOTSA TotalEnergies Trading SA to pay a $48 million fine, declaring that the company had actually attempted to manipulate the market for European criteria gas futures. The scheme in this matter involved an attack on the marketplace stability of CFTC-regulated futures contracts on gasoline, and this settlement shows such attacks will not be tolerated in any market, U.S. Commodity Futures Trading Commission Enforcement Director Ian McGinley said in a statement. The parent company, TotalEnergies SE, did not immediately respond to requests for remark. According to the CFTC, in...

Japan's 7 & & i, owner of the 7Eleven corner store, said it has actually gotten a. initial takeover offer from Canada's Alimentation. CoucheTard, potentially the greatest purchase of a. Japanese business by an abroad firm. News of the deal sent shares of the Tokyo-listed business. surging by almost 23%, valuing it at around 5.6 trillion yen. ($ 38 billion). Couche-Tard, which runs Circle-K convenience. stores, is valued at roughly $58 billion. 7 & & i has formed an unique committee to evaluate the. proposition, it stated in a statement on Monday, including no decision. has been made by either...

Chevron Corp on Friday posted greatly weaker second-quarter earnings and the oil major's CEO marked down the possibility to close a $53 billion acquisition of Hess Corp. before mid-2025, sending shares down 3%. Shares were off 9% since Wednesday following company. declarations stating a Hess deal closing could well be pressed back. by another year, if not blocked entirely. Chevron is depending on the Hess acquisition to establish. a grip in Guyana, home to the biggest oil discovery in. almost twenty years. It also hopes the offer will alleviate dangers. connected with the company's performance-challenged oil. jobs in Australia and...

Below are companyrelated news and stories from France and Benelux which might have an influence on the region's markets or private stocks. IMERYS: French specialty minerals company Imerys reported on Monday its outcomes for the first half of the year with an EBITDA Up At 384 million euros year-on-year. EDENRED: French coupon business Edenred said on Monday it effectively provided a 500 million euros bond with a voucher of 3.625% with a maturity date in on august 5, 2032. VOLTALIA: French holding company Voltalia announced on Monday a brand-new syndicated banking loan of 294 million euros with a maturity of...

South Korea's LG Energy Service (LGES) remains in talks with about 3 Chinese suppliers to produce lowcost electric vehicle batteries for Europe, a. senior executive stated, with competition set to intensify after. the EU slapped additional tariffs on Chinabuilt EVs. LGES' prospective partnerships come as the worldwide. EV market is facing a sharp downturn in demand, and. highlight growing pressure non-Chinese battery companies face from. automakers to lower costs to levels matching cheaper Chinese. rivals. France's Renault stated this month that it would. include lithium iron phosphate (LFP) battery technology in its. plans to mass produce EVs, picking LGES and...

Equinor remains on track to restart its Arctic Hammerfest LNG plant on Monday after a weekend power blackout halted production, a company spokesperson stated. Hammerfest LNG, likewise called Melkoeya, has capacity of about 6.5 billion cubic metres of gas per year. That is enough to provide about 6.5 million European homes and accounts for approximately 5% of all Norwegian gas exports. We plan to increase today, the representative said. Production at Europe's largest melted gas export center was stopped late on Saturday and is expected to stay offline until 1900 GMT on Monday, according to a regulatory disclosure. The plant's...

Namibia has actually become an oil expedition hotspot after several discoveries over the last few years along its coast. It has not yet produced any oil or gas, but oil majors such as TotalEnergies and Shell have actually made discoveries estimated at 2.6 billion barrels, with production in the southern African country gotten out of about 2030. There have been discoveries in the Orange Basin and there are other prospective locations, including Luderitz, Kavango and Walvis basins. Below are information on the latest advancements (in. alphabetical order): CHEVRON The U.S. oil major is expected to start expedition later on. this...

Seplat Energy is pursuing a quick conclusion to its $1.28 billion acquisition of ExxonMobil's Nigerian shallow water oil properties, it stated on Friday after being alerted that NNPC had actually halted a legal obstacle to the deal. State oil business NNPC had actually challenged Exxon's sale of the possessions to Seplat, stating it had first right of rejection. The deal was even more held up by regulatory issues. Seplat Energy applauds the open cooperation and development accomplished by all stakeholders, and will vigilantly engage (with). all crucial stakeholders, consisting of the federal government, in advancing. towards a speedy completion of...

A joint endeavor in between Reliance Industries' Jio Platforms and Luxembourgbased SES to offer gigabit fibre internet has actually won approval from the Indian area regulator to run satellites there, a federal government executive said. The 3 approvals released to Orbit Connect India - which aims to supply satellite-based high-speed internet gain access to - come as companies from Amazon.com to Elon Musk's. Starlink have been vying for the consent to release satellite. interaction services on the planet's most populous country. The authorisations have not been formerly reported. They. were granted in April and June from the Indian National Area....

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** U.S. oil and gas manufacturer Matador Resources said it would add oil and natural gas producing assets and undeveloped acreage in the Delaware basin in an about $1.91. billion money deal for an unit of Ameredev II Moms And Dad ** SPAR Group, South Africa's second-biggest. grocery group, has actually discovered a buyer for its loss-making Polish. company and anticipates cost savings and IT system enhancements. will improve profitability moving forward, it said on Wednesday ** Riot Platforms stated Bitfarms' transfer to embrace a. poison...

Following are the leading stories on the organization pages of British newspapers. has not validated these stories and does not guarantee their accuracy. The Times - UK North sea focused oil explorer Deltic Energy has stopped the Pensacola gas field project, majority-owned and operated by Shell as it blamed fiscal uncertainty and unfavorable political rhetoric ahead of the election. - France-based diagnostics firm Novacyt agreed to pay 5 million pounds($ 6.37 million) to the Department of Health and Social Care as part of a settlement to fix a. long-running High Court dispute. The Guardian - India's Tata Steel has declared...

Drilling has actually begun at the major overseas Fenix gas field in Argentina, the biggest natural gas field being presently established off the South American country's coast, one of the operators Wintershall Dea said on Friday. Wintershall Dea runs the field, located around 60 kilometers (37.28 miles) off the coast of Tierra del Fuego, along with its partners Overall Austral, a subsidiary of TotalEnergies, and Pan American Energy. We are thrilled to begin the next stage in the development of Fenix, stated Manfred Boeckmann, Managing Director of Wintershall Dea Argentina, in a statement. We are well on track to bring...

An independent structure on Wednesday filed a class action claim in the Netherlands versus Stellantis over alleged emissions test unfaithful by among its predecessor business, Fiat Chrysler, a. file seen revealed. According to the lawsuit, submitted by the Dutch non-profit. foundation Fiat Chrysler Investors Healing Stichting, from at. least 2014 until 2017 Fiat Chrysler failed to divulge it had. installed illegal software application in its automobiles aimed at covering. emissions, the structure's legal adviser said in a declaration. As a result, (it) considerably harmed investors purchasing. and/or holding Fiat Chrysler shares, the statement from law. company Scott+ Scott stated. Stellantis...

An independent foundation on Wednesday filed a class action suit in the Netherlands against Stellantis over alleged emissions test unfaithful by one of its predecessor business, Fiat Chrysler, a. document seen showed. According to the lawsuit, filed by the Dutch non-profit. structure Fiat Chrysler Investors Recovery Stichting, from at. least 2014 until 2017 Fiat Chrysler stopped working to divulge it had. installed prohibited software in its cars targeted at covering. emissions, the foundation's legal advisor stated in a declaration. As an outcome, (it) significantly harmed financiers purchasing. and/or holding Fiat Chrysler shares, the statement from law. firm Scott+ Scott stated....

Sea level rises in the Pacific Ocean are outstripping the global average, a World Meteorological Organization (WMO) report revealed on Tuesday, imperiling lowlying island states. Internationally, sea level advances are speeding up as greater temperatures driven by the continued burning of nonrenewable fuel sources melt once-mighty ice sheets, while warmer oceans trigger water particles to expand. But even compared to the international average rate increase of 3.4 millimetres a year over the previous three decades, the WMO report showed that the typical yearly increase was substantially. greater in two measurement areas of the Pacific, north and east. of Australia. Human...

Crop tracking service MARS on Monday cut most of its typical grain yield forecasts for the European Union this year, with another sharp decrease for maize as heat continues to take a toll on crops in southeast Europe. Forecasters have been reducing their forecasts for the upcoming EU maize crop primarily due to hot weather in Romania, which previously vied with France as the EU's biggest maize manufacturer. In a regular monthly report, MARS pegged the typical 2024 maize yield at 7.03 metric tons per hectare (t/ha), below 7.24 t/ha in July and now 6% below last year. Summer season...

As Brazil tries to split down on prohibited gold mining in the Amazon rain forest, thousands of wildcat miners have actually converged on a brand-new prospect in the farm state of Mato Grosso, Greenpeace said on Thursday. Stunning images of dozens of hectares (acres) of forest stripped of plants and dug up by the miners were taken from a Greenpeace airplane on Wednesday and revealed the mine to be on a. secured Indigenous territory called Sararé. Greenpeace pointed out federal district attorneys' estimates that there. are 5,000 illegal miners on the site, numbers that have surged. since last year, despite...

On the remote south coast of Tahiti, its Jurassic peaks and azure lagoon available just by boat, Patrick Rochette is discussing how centuriesold Polynesian conservation traditions are being restored to secure this distinct environment. Joined gruesome tales of the island's history of tribal wars and the roots of wave-riding, it's a compelling account that resonates with the school kids that the Tahitian older has given this picturesque area near to the Olympic browsing venue of Teahupo'o. Amongst the interconnected Polynesian concepts lost or repressed during Tahiti's French colonisation that Rochette explains: respect for tupuna, the ancestors; mana, the spiritual power...

French farmers have actually nearly finished collecting this year's soft wheat crop, expected to be the smallest because the 1980s, while maize crop conditions decreased for a 3rd week as heat continued, information from farm office FranceAgriMer showed on Friday. Some 98% of the soft wheat crop location had actually been harvested by Aug. 12, up from 88% a week earlier, FranceAgriMer stated in a. weekly cereal report. Months of heavy rain in France, the European Union's greatest. grain producer, have cut wheat planting and yields in a setback. for farmers also dealing with lower rates and greater costs. FranceAgriMer...

Hurricane Ernesto reinforced into a Category 1 typhoon on Wednesday as it churned away from the Virgin Islands and Puerto Rico, leaving more torrential rains in its wake and cutting power to hundreds of thousands of homes and businesses. Ernesto had to do with 175 miles (280 km) northwest of the Puerto Rican capital of San Juan as it crawled to the northwest, loading winds of about 75 miles per hour (120 km per hour), the National Hurricane Center said in a Wednesday advisory. The official projection still shows the possibility of Ernesto ending up being a major cyclone in...

Jean Lefevre like lots of French farmers has actually simply endured one of the worst wheat harvests in decades as rain hardly stopped from the moment he started sowing his grain last October to when he began gathering the crop last month. France, the European Union's biggest grain manufacturer, has experienced especially damp weather in the past year, including a month of continuous rain in October-November, the wettest spring ever and storms last month. The rainy weather condition and soaked fields postponed sowings and hurt crop advancement, so much so that the farm ministry quotes France will gather its worst...

Swedish marathon swimmer Victor Johansson has actually pulled out of the Olympic guys's 10km occasion set up for Friday citing concerns about the water quality of the Seine river, Swedish paper Dagens Nyheter reported. Both Paris 2024 organisers and World Aquatics ensured the water quality satisfied the thresholds set by the sport's governing body. Johansson informed the paper triathletes had fallen ill after swimming in the urban river throughout the Olympic competitors, without naming any. There is a lot of info that has been flying around, however what we understand for sure is that individuals have actually ended up being...

Swedish marathon swimmer Victor Johansson has actually pulled out of the Olympic males's 10km occasion set up for Friday citing concerns about the water quality of the Seine river, Swedish paper Dagens Nyheter reported. Johansson informed the paper triathletes had actually fallen ill after swimming in the urban river throughout the Olympic competitors, without naming any. There is a lot of info that has been flying around, however what we know for sure is that individuals have actually become ill, the paper estimated him as stating. So although the levels (of E.coli bacteria) have decreased, it didn't feel good to...

Sharon van Rouwendaal paid little follow to concerns about bacterial infections when she drank a little bit of Seine water on the way to Olympic gold on Thursday in the ladies's 10km marathon swim along the popular river in Paris. The water quality was approved by Games organisers in the early hours to permit the race to go ahead on time, though pollution concerns had proved a headache throughout the triathlon events, with the men's race delayed by 24 hours. Dutchwoman Van Rouwendaal downed energy beverages hung from rods over the water during the gruelling six-lap course up and down...