French President Macron announces 'historic' Airbus/Malaysia Airlines deal
Macron said such deals highlighted the importance of trade between France and Asia, as Europe faces up to likely tariffs from U.S President Donald Trump.
"I am thinking of the projects signed in the key minerals sector, in the rare earths sector with the company Carester which has just opened up a factory in the region of Lacq, the transport sector with this historic co-operation between Malaysia Airlines and Airbus, and in the energy transition sector," said Macron.
Industry sources told Reuters this week that Airbus was close to winning an order from Malaysia Aviation Group for more A330neo long-haul jets.
"Airbus has been our focus. Malaysian Airlines 20, and AirAsia another 50," added Ibrahim.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNA
an hour ago
- CNA
Japan Activation Capital takes stakes in manufacturers Omron, Tadano
07 Jul 2025 03:59PM (Updated: 07 Jul 2025 04:55PM) TOKYO :Japan Activation Capital (JAC) has taken stakes in manufacturers Omron and Tadano, according to statements released on Monday, as the investment firm ramps up its exposure to Japanese companies. JAC's took a roughly 4 per cent stake in Omron for about 30 billion yen ($210 million), according to the investment firm. Shares of Omron, a manufacturer of factory automation and healthcare equipment, have fallen by roughly a third this year. The investment firm has taken an 11 per cent stake in Tadano, a manufacturer of cranes. JAC was established by former Carlyle Group executive Hiroyuki Otsuka to invest in mid- to large-cap Japanese companies. The firm has previously taken stakes in household goods makers Lion and Pigeon. ($1 = 145.0500 yen)
CNA
an hour ago
- CNA
China says BRICS not seeking 'confrontation' after Trump tariff threat
BEIJING: China said on Monday (Jul 7) that BRICS, the grouping that also includes Brazil, Russia and India, was not seeking "confrontation" after United States President Donald Trump vowed to impose an extra 10 per cent tariff on countries aligning with the bloc. "Regarding the imposition of tariffs, China has repeatedly stated its position that trade and tariff wars have no winners and protectionism offers no way forward," foreign ministry spokeswoman Mao Ning said. Trump said he would send the first tariff letters to various countries on Monday, days before his deadline for trading partners to reach a deal expires. He said on Sunday he would send a first batch of up to 15 letters, warning that US levies on imports would snap back to the high levels he set in April if countries failed to make agreements. And, in a post on his Truth Social network, he threatened a further 10 per cent tariff on countries aligning themselves with the emerging BRICS nations, accusing them of "anti-Americanism" after they slammed his tariffs at a summit in Rio de Janeiro on Sunday. Conceived two decades ago as a forum for fast-growing economies, BRICS has come to be seen as a Chinese-driven counterbalance to US and Western European power. However, Beijing defended the grouping on Monday as "an important platform for cooperation between emerging markets and developing countries". "It advocates openness, inclusivity and win-win cooperation," Mao said. "It does not engage in camp confrontation and is not targeted at any country," she said.
CNA
an hour ago
- CNA
MPs from Anwar's party call for royal inquiry into top judges' vacancies, explanation from PM
Anwar, who is currently in Brazil for the 17th BRICS Leaders' Summit, said last week he has never interfered in judicial matters including the appointment of judges, and agreed such appointments should not be politicised. Rafizi said on Monday the issue goes beyond party lines and partisan politics, adding that he hopes parties on both sides of the aisle lift their whips to allow members to speak freely on the matter. 'It's very important to get everyone on board, partisan view aside,' he said, inviting MPs from parties in the opposition and Borneo-based coalitions to support the nine PKR MPs' stand. In their statement, the MPs said they will launch a campaign among fellow lawmakers to get broad support for an investigation by both parliament and the RCI. They will also start an online petition and a series of 'public forums' nationwide to rally the public on the matter, starting with one in Kuala Lumpur/Selangor on Jul 13 at 8.30pm before moving to other major cities. 'We call on all Malaysians to take note of this issue that will have great consequences on the country's people and future, even though it could be seen as minor alongside other issues,' they added. 'SLAP IN THE FACE' FOR ANWAR? The move by the nine MPs is not the norm and will have implications on their role in their party, analysts said. It is 'highly unusual' for members of the ruling party to express such dissent openly, despite believing they are acting in line with the party's core principles, said Asrul Hadi Abdullah Sani, a partner at strategic advisory firm ADA Southeast Asia. 'This can easily be perceived as a direct affront to Anwar and an open challenge to his leadership. In other words, the PKR Nine's actions can be seen as a slap in the face of the prime minister,' he told CNA. The 'insinuation' is that Anwar is withholding the JAC's recommendations from Malaysia's king and the Conference of Rulers, said analyst Azmi Hassan from the Nusantara Academy for Strategic Research. 'I think that's unbecoming of Rafizi and his group, to insinuate that (Anwar is withholding the appointments). The negative perception will be worse on the part of Datuk Seri Anwar,' he said. Rafizi, being part of PKR and a former minister, should understand the process of filling critical roles in the judiciary, Azmi added. The final decision on judicial appointments rests with the king and Conference of Rulers, he said. 'So when Rafizi says there is some negative perception regarding this particular issue, you cannot blame the prime minister.' Meanwhile, it is 'understandable' that Anwar has chosen to remain relatively silent as the decision was not his to make, Azmi said. While the nine MPs' statement will put the Anwar administration under greater scrutiny, the group is unlikely to vote against the prime minister on key legislation, Asrul Hadi said. 'However, a more significant implication could arise when an election is called, and Anwar will face pressure to drop these nine lawmakers as candidates, risking party divisions and potentially strengthening the opposition,' he said.
