French car maker Renault has sold assets to the Moscow government - French car maker Renault has sold its Russian assets to the Moscow government. No financial details were provided but Russian Industry and Trade Minister Denis Manturov said in April that Renault planned to sell its Russian assets for "one symbolic ruble". In a statement Renault chief executive said "Today, we have taken a difficult but necessary decision; and we are making a responsible choice towards our 45,000 employees in Russia, while preserving the group's performance and our ability to return to the country in the future, in a different context”. Since President Vladimir Putin sent troops into Ukraine on 24 February, Renault has had difficulty keeping its operations going due to a lack of components following the imposition of Western sanctions. Ukrainian authorities have also put pressure on Renault, calling for a boycott of the company's vehicles until it pulls out of Russia.
A sailboat has caught fire in the bay of Ramatuelle in the Var. The incident occurred on Tuesday evening and crossmed were quick to intervene. ...
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French Prime Minister Francois Bayrou told the French parliament on Tuesday, January 14th, that “the country was drowning in debt”, making a pledge to...
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Tax authorities in France have been given the authorisation to use social media platforms as well as AI, to detect fraud or any undeclared income. ...
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A British skier has died after a collision with another UK tourist in Les Arcs, a popular ski resort in the French Alps. The accident occurred at arou...
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Due to ongoing freezing temperatures, the Vaucluse prefecture has activated its "Grand Froid" plan.
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