Tag Archives: France

International Operation Halts Albanian-Led Cocaine Trafficking Ring with 29 Arrests Across Europe

(IN BRIEF) An international operation coordinated by Eurojust and Europol has disrupted a major Albanian-led drug trafficking network, leading to the arrest of 29 suspects across Italy and Albania. The operation, which began with investigations in 2021, uncovered cocaine concealed … Read the full press release

LCH Appoints Michel Semaan as Global Head of RepoClear to Drive Growth in Euro and Sterling Repo Markets

(IN BRIEF) LCH has appointed Michel Semaan as the new Global Head of RepoClear, where he will lead the service’s next growth phase, focusing on expanding clearing memberships and advancing RepoClear’s Sponsored Clearing models. Reporting to the CEOs of LCH … Read the full press release

Wiztrust Partners with Icade to Bolster Financial Information Security in French Real Estate

(IN BRIEF) Wiztrust, a leader in blockchain information certification, has partnered with Icade, a major player in the French real estate market, to implement its certification solution. This collaboration enhances Icade’s ability to verify the authenticity of its financial information, … Read the full press release

FDJ and SUEZ Renew Support for France’s Leading Women’s Cycling Team, Embracing Diversity and Excellence in Sports

(IN BRIEF) FDJ and SUEZ have renewed their sponsorship of France’s leading women’s cycling team, FDJ-SUEZ, for another three seasons, supporting the team’s development and commitment to diversity in sports. The extended partnership will help the team, led by General … Read the full press release

Sanofi and CD&R Join Forces to Propel Opella’s Global Consumer Healthcare Expansion

(IN BRIEF) Sanofi and CD&R have entered exclusive negotiations for CD&R to acquire a 50% controlling stake in Opella, Sanofi’s consumer healthcare business, while Sanofi retains a significant share. The partnership aims to support Opella’s growth as a global leader … Read the full press release

EIB Greenlights €5.8 Billion to Drive Global Energy, Transport, and Innovation Advancements

(IN BRIEF) The European Investment Bank (EIB) Board has approved €5.8 billion in new financing to support various projects across Europe and beyond. This includes €2.2 billion for clean energy and water projects, €1.8 billion for urban development and education, … Read the full press release

EIB and Groupe BPCE Expand Partnership to Provide Over €1 Billion for French SMEs’ Innovation and Renewable Energy Projects

(IN BRIEF) The EIB Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has teamed up with Groupe BPCE to support small businesses and mid-caps in France. They signed two financing agreements exceeding €1 billion to … Read the full press release

Eviden and IQM Quantum Computers Team Up to Enhance Quantum Computing Accessibility in France

(IN BRIEF) Eviden, a division of the Atos Group focused on advanced computing, has partnered with IQM Quantum Computers to enhance accessibility to quantum computing. They have installed the IQM Spark™, a superconducting quantum computer, at Eviden’s Angers facility in … Read the full press release

TotalEnergies and Saint-Gobain Forge Renewable Energy Partnership to Drive Decarbonization in French Industry

(IN BRIEF) TotalEnergies has signed a Power Purchase Agreement (PPA) with Saint-Gobain to supply renewable electricity to its facilities in France, starting in January 2026. This contract will provide 875 GWh of renewable energy over five years, sourced from TotalEnergies’ … Read the full press release

Novo Nordisk Launches Global Childhood Obesity Initiative to Support Healthier Urban Communities

(IN BRIEF) Novo Nordisk has launched the Childhood Obesity Prevention Initiative, aimed at combating rising obesity rates among children in underserved urban communities across six cities worldwide. Backed by an investment of over 250 million Danish kroner and a coalition … Read the full press release

Fabentech Secures €20 Million EIB Loan to Bolster Pandemic Preparedness and Biological Threat Response

(IN BRIEF) Fabentech, a French biopharmaceutical company, has secured a €20 million loan from the European Investment Bank (EIB) through the HERA Invest initiative. The funding will support Fabentech’s research, bioproduction, and expansion of its FabShield® technology, which focuses on … Read the full press release

RWE and TotalEnergies Join Forces to Develop 4 GW Offshore Wind Projects in Germany

(IN BRIEF) RWE and TotalEnergies have partnered to develop two large-scale offshore wind projects off the German coast, each with a capacity of 2 gigawatts (GW). TotalEnergies will acquire a 50% stake in both projects, following RWE’s successful bid in … Read the full press release

Survey Reveals Generative AI’s Growing Role in Crafting Love Letters and Daily Life

(IN BRIEF) A recent survey by Deutsche Telekom indicates a significant shift in how individuals approach personal expression, with many turning to generative AI for assistance in writing love letters. The study found that over 40% of respondents in France, … Read the full press release

Euronext’s ELITE Ecosystem Launches First Cohort of French Companies to Drive Sustainable Growth

(IN BRIEF) Euronext’s ELITE ecosystem has launched its first cohort of five French companies, aimed at supporting their sustainable growth and enhancing their access to capital markets. This marks a significant milestone for ELITE, which now includes over 2,300 companies … Read the full press release

EPI Unveils Wero: A New Instant Payment Wallet Launching in France, Set to Revolutionize European Digital Payments

(IN BRIEF) EPI (European Payments Initiative) has launched Wero, a new instant digital payment wallet in France. This app enables users to send and receive money instantly using just a phone number or email, with transactions processed in less than … Read the full press release

Lille Secures €276 Million for Sustainable Transport Revolution: EIB and European Commission Fund Green Mobility Initiative

(IN BRIEF) The Métropole Européenne de Lille has secured a €245 million green loan from the European Investment Bank (EIB) to modernize its urban transport system, alongside a €31.5 million grant from the European Commission. This joint financing will support … Read the full press release

SUEZ Invests in Purple Alternative Surface to Scale Up Plastic Recycling for Sustainable Paving Solutions

(IN BRIEF) SUEZ has made a strategic investment in French start-up Purple Alternative Surface, aiming to expand its production of permeable paving solutions made from non-recycled plastic waste. With SUEZ’s support, Purple will increase its production capacity to 200,000 m² … Read the full press release

International Consortium Invests €35 Million in Abolis Biotechnologies for Sustainable Growth

(IN BRIEF) Abolis Biotechnologies has secured €35 million from a global consortium of investors, including Evonik Venture Capital, BOLD (L’Oréal’s fund), and the DeepTech & Climate Fonds. This investment will help the company expand its biomanufacturing capabilities and bring sustainable, … Read the full press release

Kering and West Bund Museum Celebrate Female Choreographers with Third Edition of Women In Motion Festival

(IN BRIEF) Kering and the West Bund Museum are hosting the 3rd edition of Women In Motion at West Bund on September 21-22, 2024, celebrating female choreographers from China and France. This year’s festival, themed “Body Matters,” focuses on the … Read the full press release

Schneider Electric Introduces AI-Enhanced Energy Management for Wiser Home App

(IN BRIEF) Schneider Electric has launched a new AI-powered feature for its Wiser Home app, enhancing energy management for homes. This feature optimizes the use of water heaters and electric vehicle chargers by learning from user habits, weather forecasts, and … Read the full press release