June 10, 2024
Monthly publication of the number of shares comprising the share capital
and the total number of voting rights
(Articles L. 233-8 of the French Commercial Code and 223-16 of the AMF General Regulations)
Stop date of information | Total number of shares forming the share capital | |
May 31, 2024 | 8.937.085 |
|
* Net total = total number of voting rights attached to shares - shares deprived of voting rights
Attachments
After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco. In the rolling hills near Tangiers and in industrial parks near the Atlantic Ocean, they have announced plans for new factories to make parts for EVs that may qualify for $7,500 credits to car buyers in the United States. Similar investments have been announced in other countries that share free trade agreements with the United States, including South Korea and Mexico.
BMW has accused the European Union of protectionism as Brussels prepares to hit imported Chinese electric cars with a wave of tariffs.
UK Steel says British firms paid prices in spring well over double French and Spanish equivalents
The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of Beijing's "unfair" support, a move that risks escalating tensions with Beijing.- Expected cut to imports - The United States has already hiked customs duties on Chinese electric cars to 100 percent, while Canada is considering similar action.
The Society of Motor Manufacturers and Traders said 67,625 new cars were registered by private consumers in June.
Germany has blocked the sale of a Volkswagen subsidiary to a Chinese state-owned company on national security grounds, delivering a fresh blow to the already tense relationship with its biggest trading partner.
French mining group Eramet and China's Tsingshan on Wednesday inaugurated a lithium production plant in Argentina to supply the booming electric car industry. The plant is not a traditional mine nor one of the environmentally damaging salt flats from which the metal used in electric batteries is normally extracted in South America's so-called lithium triangle of Argentina, Bolivia and Chile.
It took a year of wrangling with the European Commission for Germany's Lufthansa to gain approval to buy 41% of Italy's ITA Airways, and only after it accepted big concessions. While the deal expands Lufthansa's footprint in the lucrative southern European market, the combined group will have to cede some routes and slots to rivals for it to proceed. Industry executives, investors and experts say greater scrutiny of such tie-ups by European regulators and demands for remedies could deter major airlines from further deals.
As global markets navigate through fluctuating conditions, the Hong Kong stock market has shown resilience, making it an intriguing area for investors looking for dividend yields. Amidst this backdrop, identifying stocks that consistently offer dividends can provide a semblance of stability and potential income in uncertain times.
BRUSSELS (Reuters) -The European Union will impose provisional tariffs of up to 37.6% on imports of electric vehicles made in China from Friday, ratcheting up tensions with Beijing in the EU's largest trade case yet. "But it is very clear this solution (would) need to solve that market distortion that we are currently having ... and it needs to be market compliant."
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The Indian market has shown robust growth, rising 1.7% in the last week and achieving a remarkable 45% increase over the past year, with earnings projected to grow by 16% annually. In such a thriving environment, dividend stocks that offer consistent payouts can be particularly appealing to investors looking for both stability and growth potential.
Novo Nordisk (NVO) and Eli Lilly (LLY) shares dip in reaction to a Harvard study that found GLP-1 weight-loss drugs Ozempic and Wegovy could be linked to rare cases of vision loss. Yahoo Finance health reporter Anjalee Khemlani explains the study's findings. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Higher levies on Chinese EV imports to come into force despite carmakers’ fears of retaliation
Oil prices were edging higher as reports of a larger-than-expected draw in U.S. crude stockpiles signals solid demand during the summer driving season in the world's top consumer. Brent crude and WTI were both up 0.3% to $86.55 and $83.11 a barrel, respectively, after reaching their highest level in more than two months in the previous trading session. Crude inventories fell by 9.16 million barrels last week, according to reports citing figures from the American Petroleum Institute ahead of official data later on Wednesday.
In this article, we will take a look at the Fastest Growing Automotive Brand in the World. We have also compiled a full free list of the 15 Fastest Growing Automotive Brands in the World. Global Automotive Market Trends The global automobile manufacturing sector is one of the largest industries worldwide and has been growing […]
STORY: Step inside BYD's first electric vehicle plant in Thailand.It's part of the Chinese automaker's plan to expand in Southeast Asia, where BYD has become the dominant player.BYD CEO and President Wang Chuanfu."We are convinced that Thailand will have a golden development period for new energy vehicles. China and Thailand are geographically close, culturally close, and economic and trade cooperation is booming. New energy vehicles are not only a bridge between China and Thailand to enhance friendship, but also a link between BYD and Thailand."Thailand is a regional auto assembly and export hub.The country aims to convert 30% of its annual production of 2.5 million vehicles into EVs by 2030.Chinese EV makers clearly like the lure of the Thai government's subsidies and tax incentives.They've invested more than $1.4 billion setting up factories in the country, with BYD's new plant the latest addition.The sprawling facility is worth $490 million.And it will have a production capacity of 150,000 vehicles per year, including plug-in hybrids."It will provide over 10,000 jobs after reaching full capacity."As part of its expansion outside China, the world's largest EV maker is also building its first European production base in Hungary.Although BYD could feel some pain in that particular market.The European Commission has imposed tariffs of up to nearly 38% on Chinese-made EVs.
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Amid a backdrop of fluctuating European markets and rising bond yields, investors are increasingly seeking stable returns, making high-yield dividend stocks from Euronext Amsterdam particularly attractive. These stocks offer a compelling combination of yield and potential resilience against the broader market's volatility.
With the clock ticking for the European Commission to impose provisional tariffs on electric vehicles made in China, automakers are bracing for billions of dollars in new costs that analysts expect will slow their European expansion. "The Chinese EV brands' march into Europe will continue on," said Lei Xing, founder of consultancy AutoXing. China and the European Commission have been in negotiations since last week over the curbs that Beijing and some European automakers want scrapped.
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