France, Germany, and Italy Challenge EU's Draft AI Legislation, Threatening Regulatory Deadlock
France, Germany, and Italy have opposed the EU's draft AI legislation, particularly regulations concerning "foundation models" that underpin large AI language models.
Germany Allows France to Subsidize Nuclear Plants
Germany has allowed France to use state subsidies for its nuclear power plants, breaking a deadlock in EU electricity market reform discussions.
Paris Summit Gains Momentum: 22 Countries Back Carbon Tax for Ships
More than 20 countries, including France, Spain, Norway, and Portugal, expressed support for a carbon tax on greenhouse gas emissions from the international shipping industry during a global finance summit in Paris.
New ‘flying taxis’ from France will fly passengers at the 2024 Olympics
Paris is setting the stage for a transportation revolution as it prepares for the 2024 Olympic and Paralympic Games by planning a fleet of electric flying taxis.
Cargo Aircraft Missing from Paris Air Show Dealmaking
During the Paris Air Show, Boeing and Airbus have been focusing on customer orders for new passenger aircraft, with limited activity in the freighter sector.
G-7 Prioritizes Strengthening Banks and Supply Chains Amidst Accusations of Hypocrisy
The Group of Seven (G-7) advanced economies held closed-door financial talks in Japan, focusing on issues such as bank runs, cybersecurity, and building more reliable supply chains for economic security.
France and the UK explore the use of hydrogen for EVs
A new hydrogen production plant aims to solve the problems with refueling and distribution snags.
French CMA CGM joins the car-carrying oceanic market
The France-based maritime carrier CMA CGM has already penetrated the air cargo and logistics market with profit, and now they are looking to expand again.
Increasing electricity bills force EU rail companies to quadruple prices
As a result, many freight companies are reverting to diesel locomotives over electric models in order to reduce substantial operating costs.
Mondial de l’Automobile debuts some of Europe’s newest EV models
Carmakers showed off the best and brightest electric vehicles at the Paris auto show this week, otherwise known as the Mondial de l’Automobile.
CMA CGM SA billionaire CEO pushes back on French lawmakers new tax plan
Chief Executive Officer Rodolphe Saade of shipping giant CMA CGM SA is slamming French lawmakers for their new tax proposal, meant to stifle inflation by raising taxes on corporate profits.