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.
Ahead of tomorrow’s nationwide day of strike action, protestors against France's pension reforms blockaded the access to Nice Saint-Isidore business p...
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The charity Sidaction which fights against AIDS has revealed that during the weekend’s annual fundraiser, just over 3.9 million euros was raised. ...
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Trade unions have announced fresh strikes and protests in France tomorrow Tuesday 28th March.
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French President Emmanuel Macron is to meet with Prime Minister Elisabeth Borne at noon today Monday 27th March they will then be joined from 1:15pm b...
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Mobilisation of the inter-union for culture against the pension reform, has led to the Louvre Museum in Paris remaining closed this Monday morning. ...
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