Japanese Prime Minister Shinzo Abe and US President Donald Trump held talks in France on Sunday. They are believed to have discussed bilateral trade negotiations and other issues.
The two leaders met for the first time since June on the sidelines of the Group of Seven summit. They have now held a total of 13 meetings.
Waymo, Nissan, and Renault have teamed up to bring self-driving cars to France and Japan, the companies announced today. They have inked an exclusive agreement to explore all aspects of driverless mobility services for both passengers and deliveries in these countries. The announcement is a little light on details about any concrete plans to launch self-driving taxi services, for example.
It appears to be an arrangement similar to the ones that Waymo has announced with other car manufacturers. That’s probably why the wording in this announcement is somewhat vague as well.
French Finance Minister Bruno Le Maire said France is ready to cut its stake in Renault in order to consolidate Renault's partnership with Nissan, Agence France Press (AFP) reports. Le Maire said Paris, which has a 15% stake in Renault, might consider reducing its stake, if it led to a "more solid" alliance between the Japanese and French firms, the French news agency reported, citing an interview with the minister. "We can reduce the state's stake in Renault's capital. This is not a problem as long as, at the end of the process, we have a more solid auto sector and a more solid alliance between the two great car manufacturers Nissan and Renault," he told AFP. Le Maire had earlier said the French government was open to tie-ups involving Renault as long as French industrial interests were protected, and would consider any Renault deal with Fiat Chrysler that respected the French firm's alliance with its Japanese partner Nissan. Fiat on Thursday abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world's third-biggest automaker behind Japan's Toyota and Germany's Volkswagen. The French government had welcomed the merger plan, but overplayed its hand by pushing for a series of guarantees and concessions that eventually exhausted the patience of FCA, sources told Reuters. Renault and Nissan were not immediately available to respond to a request seeking comment. (Reporting by Mekhla Raina in Bengaluru; editing by Richard Pullin and Elaine Hardcastle)
PARIS — France will seek protection of local jobs and other guarantees in exchange for supporting a merger between carmakers Renault and Fiat Chrysler, its finance minister said on Tuesday, underscoring the challenges facing the plan. Separately, Renault Chairman Jean-Dominique Senard arrived in Japan to discuss the proposed tie-up with the French company's existing partner Nissan — another potential obstacle to the $35 billion-plus merger of equals. Renault and Italian-American rival Fiat Chrysler Automobiles (FCA) are in talks to tackle the costs of far-reaching technological and regulatory changes by creating the world's third-biggest automaker. Shares in both companies jumped on Monday on news of a deal that would create an industry No.3 behind Japan's Toyota and Germany's Volkswagen and target 5 billion euros ($5.6 billion) a year in savings. Renault shares were up 1.3 percent by 1030 GMT, extending gains from Monday when the stock had closed up 12 percent. Fiat shares were flat in Milan but the U.S. listed stock was indicated 8 percent higher after a public holiday on Monday. Analysts caution the companies face a challenge to win over powerful stakeholders ranging from the French and Italian governments, to trade unions and Nissan. French finance minister Bruno Le Maire told RTL radio on Tuesday the plan was a good opportunity for both Renault and the European car industry, which has been struggling for years with over-capacity and subdued demand. But he added the French government would seek four guarantees in exchange for backing a deal that would see its 15% stake in Renault reduced to 7.5% of the combined entity.
A French prosecutor says French authorities will ask Chile to hand over a national suspected of killing a Japanese university student. He adds the French side plans to convene a trial.
French authorities put Nicolas Zepeda on an international wanted list on suspicion of killing his former girlfriend Narumi Kurosaki. She disappeared in December 2016 while studying in the eastern French city of Besancon. The 28-year-old suspect is now in Chile.
The foreign and defense ministers of Japan and France have expressed strong concern about China's maritime assertiveness. They have agreed to establish a dialogue framework to boost maritime cooperation.
The ministers met at a naval facility in the northwestern French city of Brest on Friday. This is the fifth so-called "two-plus-two" meeting between Japan and France.