Russia restarts production of Moskvitch cars at former Renault factory

File photo of a car at a gathering of Moskvitch car owners and enthusiasts MOSCOW (Archyde.com) – After a two-decade hiatus, Russia on Wednesday resumed production of Soviet-era symbol Moskvitch cars at French automaker Renault’s former factory in Moscow, the automaker said. Kamaz trucks, the plant’s technology partner. In response to Russia’s invasion of Ukraine, … Read more

Siemens Energy: ‘solid forecasts’ according to an analyst – 11/23/2022 at 17:15

(CercleFinance.com) – The stock rose nearly 3% at the end of the day. UBS reiterates its ‘buy’ recommendation on Siemens Energy with a price target left at 25 euros, representing a potential upside of 66% for the title of the German power plant builder and parent company of Siemens Gamesa Renewable Energy. The broker is … Read more

Probable in-depth investigation by the EC into the proposed takeover of Lagardère by Vivendi – 2022-11-22 at 14:41

The Lagardère group logo BRUSSELS (Archyde.com) – The proposed acquisition of Lagardère by Vivendi is likely to be the subject of an in-depth investigation by the European Commission, sources familiar with the matter said on Tuesday. The EC is expected to launch an in-depth investigation after completing its preliminary assessment on Nov. 30, the sources … Read more

The Usutu virus detected in France: should we be worried? – 22/11/2022 at 07:11

On November 10, 2022, a case of infection with the Usutu virus was confirmed in the Landes department, in New Aquitaine. This is the first case of arbovirosis (virus transmitted by hematophagous insects – in other words, feeding on blood – such as mosquitoes) identified in this region. It is also only the second case … Read more

Blocked by American justice, the merger between two publishing giants is definitively buried – 11/22/2022 at 00:00

The Penguin logo on the spine of books displayed on a shelf in the Book Passage bookstore on November 2, 2021 in Corte Madera, Calif. (GETTY IMAGES NORTH AMERICA/JUSTIN SULLIVAN) The American media group Paramount Global has definitively given up selling its publishing house Simon & Schuster to its rival Penguin Random House, a few … Read more

Oil: Saudi Arabia denies plans to increase production – 11/21/2022 at 19:28

File photo of the Organization of the Petroleum Exporting Countries (OPEC) logo at its headquarters in Austria (Archyde.com) – Saudi Arabia said on Monday that OPEC+ was sticking to past decisions on output cuts and did not rule out further steps to balance the market amid falling prices, thus denying a report that she was … Read more

Nancy Pelosi leaves the Democratic leadership in the US Congress – 11/18/2022 at 00:15

Nancy Pelosi addresses the House of Representatives in Washington, Thursday November 17, 2022 (AFP / OLIVIER DOULIERY) Nancy Pelosi, a major figure in American politics, announced Thursday to renounce the post of leader of the Democrats in the future House of Representatives, where the Republicans obtained the majority. “I will not run for the Democratic … Read more