Emmanuel Macron
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Tesla will be building the largest lithium-ion battery storage project in the world in South Australia.
Austria has been strict with migrant issues in the recent months. In a recent interview with a local newspaper Austrian Defence Minister Hans Peter Doskozil said that Austria could implement border control on Brenner Pass.
French food giant Danone has signed an agreement with Lactalis to sell its U.S. dairy business Stonyfield for $875 million. Danone informed that the sale price offers 20 times the 2016 earnings multiple for Stonyfield. The U.S.
French President Emmanuel Macron invited the U.S. President Donald Trump for Bastille Day celebrations. The White House has confirmed that President Trump will be travel to France next for the event.
Global markets registered strong start for the week with oil prices recovering and Italian banks supporting European indices. Italian authorities said that they are ready to spend 17 billion Euros to deal with closure of two big banks in Italy.
An AirAsia flight returned to Perth 90 minutes after takeoff due to single engine failure. The flight for Kuala Lumpur returned due to technical issue and landed safely in Perth at 10 am.
