Économie

Oil prices hold above $63 on trade talk optimism, OPEC

Oil prices hold above $63 on trade talk optimism, OPEC On Monday and Tuesday, oil prices declined as traders awaited more clues concerning global trade with WTI down 0.44 dollar and Brent crude down 0.45 dollar, respectively. - that's up around 11% in the past year. In a signal that policymakers are ready to act to prop up slowing growth, China's central bank unexpectedly trimmed a closely watched lending rate on Monday, the first such cut in more t... [Full Article...]

Un pont s'effondre, un mort et cinq blessés — Toulouse

Un pont s'effondre, un mort et cinq blessés — Toulouse Une enquête a été ouverte sur l'état du pont. Selon les pompiers, l'hypothèse privilégiée est que le chauffeur est encore dans la cabine. Elle évoque ici les occupantes d'une Renault Clio, une mère de famille qui a pu surnager et être sauvée par des témoins, et malheureusement sa fille de 15 ans qui est décédée. [Full Article...]

FedEx CEO Wants Public Debate With NYT Publisher

FedEx CEO Wants Public Debate With NYT Publisher FedEx reaped big savings, bringing its effective tax rate from 34 percent in fiscal year 2017 to less than zero in fiscal year 2018, meaning that, overall, the government technically owed it money. "FedEx invested billions in capital items eligible for accelerated depreciation and made large contributions to our employee pension plans", the company said in a statement . [Full Article...]

Saudi Aramco to sell small stake on Riyadh exchange

Saudi Aramco to sell small stake on Riyadh exchange The company has published an updated prospectus for its initial public offering (IPO), seeking more than $25bn for the sale of 1.5% of its shares. This would bring anywhere between $24 billion and 25.6 billion into its coffers, depending on the final price that is to be announced on December 5. He first proposed the IPO in 2016. [Full Article...]

US Supreme Court could reshape industry with ruling on Google, Oracle

US Supreme Court could reshape industry with ruling on Google, Oracle Oracle is seeking damages that could amount to billions of dollars. The nine judge panel on Friday issued a grant of certiorari (PDF), agreeing to hear the case over Android's use of copyrighted APIs owned by Oracle via the purchase of Sun Microsystems. [Full Article...]

USA and China ‘getting close’ to trade deal: White House adviser Kudlow

USA and China ‘getting close’ to trade deal: White House adviser Kudlow The Dow Jones Industrial Average rose 199.08 points, or 0.72%, to 27,981.04. "The belief is that perhaps, even though the numbers in the United States are barely expansionary ... United States gold futures were down 0.4 per cent at $1,468.20 an ounce. Spot gold dropped 0.2% to US$1,468.38 an ounce, while benchmark 10-year U.S. [Full Article...]

Current: Oil inventories +2.2 million barrels (now 449 million) - production rising!

Current: Oil inventories +2.2 million barrels (now 449 million) - production rising! That was coupled with a decline in equities, which hurt bullishness. According to the EIA, total motor gasoline inventories increased by 1.9 million barrels last week and were about 2 percent above the five-year average for this time of year. [Full Article...]

Un salarié mis à pied pour avoir mangé une clémentine, la justice confirme l’interdiction — La Redoute

Un salarié mis à pied pour avoir mangé une clémentine, la justice confirme l’interdiction — La Redoute C'est une affaire qui avait beaucoup fait parler en 2017: un salarié du site logistique de Wattrelos de la Redoute avait été mis à pied une journée, pour avoir mangé une clémentine , en-hors du temps officiel de pause, lors d'un arrêt de la chaîne. [Full Article...]

Tesla announces plans to build Gigafactory 4 in Berlin

Tesla announces plans to build Gigafactory 4 in Berlin German automaker Volkswagen , which last week began mass production of its ID.3 electric vehicle , welcomed rival Tesla's decision to build the factory on its home turf. Analysts at Oddo-BHF Group said in a report Wednesday that the move "is bound to be a major challenge for Tesla", because labor and energy costs for carmaking in Germany are among the highest worldwide. [Full Article...]

Tesla picks Berlin for European Gigafactory

The billionaire surprised the audience at a auto awards ceremony on Tuesday by announcing he would build Tesla's first European plant near Berlin. "Everyone knows that German engineering is outstanding, for sure". How many jobs will be created? He said the firm planned to set up a design hub in the capital. While Germany's renowned vehicle industry is mainly based in the south of Europe's... [Full Article...]

Nike calls off pilot program with Amazon ending direct sales

Nike calls off pilot program with Amazon ending direct sales Bloomberg wrote, however, "Nike reportedly struggled to control the Amazon marketplace". "We will continue to invest in strong, distinctive partnerships for Nike with other retailers and platforms to seamlessly serve our consumers globally". [Full Article...]

Land O'Lakes owner Dean Foods files for bankruptcy

Land O'Lakes owner Dean Foods files for bankruptcy The company pointed to a challenging operating environment and continuing declines in consumer milk consumption as reason for the news, despite its " best efforts to make [the] business more agile and cost-efficient ". More recently, health and animal-welfare concerns have also contributed, as more shoppers seek out non-dairy alternatives. Sales of cow's milk dropped 2.4 per cent in that same ... [Full Article...]

Evo Morales says he is leaving Bolivia for Mexico

Evo Morales says he is leaving Bolivia for Mexico Mexico elected its first left-leaning government in decades past year, moving closer to like-minded governments and distancing itself from diplomatic initiatives aimed at pushing socialist President Nicolas Maduro from power in Venezuela . [Full Article...]

Elon Musk picks Berlin for Tesla’s Europe Gigafactory

Elon Musk picks Berlin for Tesla’s Europe Gigafactory While Tesla will be taking on BMW BMWG.DE , Mercedes DAIGn.DE and Volkswagen VOWG_p.DE on their home turf as they start rolling out zero-emission vehicles, the move fits with the German government's plan to transform the country into a center of excellence for electric mobility. [Full Article...]

China: Alibaba Singles' Day sales on course for new record

China: Alibaba Singles' Day sales on course for new record Besides Alibaba's Tmall and the brands' own platforms, rival sites such as JD.com, Suning.com and Pinduoduo are running their own Singles' Day campaigns. "With the center course growing in China, it can be a truly wonderful option for Australian businesses to interact with Chinese consumers". Ahead of this year's shopping extravaganza, consumers seemed to be as eager as ever to snap up deals. [Full Article...]

Uber boss calls Khashoggi's murder a 'mistake' by Saudi Arabia, then backtracks

Uber boss calls Khashoggi's murder a 'mistake' by Saudi Arabia, then backtracks Uber CEO Dara Khosrowshahi called Saudi Arabia's murder of journalist and U.S. resident Jamal Khashoggi "a mistake", though he later clarified that Saudi actions were "reprehensible and should not be forgotten or excused". Axios editor Dan Primack, who conducted the interview, tweeted that Khosrowshahi expressed regret for his comments nearly immediately. "So I think that people make mist... [Full Article...]

WeWork reportedly in talks to hire T-Mobile exec as new CEO

WeWork reportedly in talks to hire T-Mobile exec as new CEO Unlike Neumann, Legere is a highly effective business leader, having reshaped the culture and profitability of T-Mobile over the past decade. The executive search follows the billion-dollar buyout of former WeWork founder and CEO Adam Neumann after he led the company to an unsuccessful IPO . [Full Article...]

Chicago & Denver flights canceled at Hector International Airport

Chicago & Denver flights canceled at Hector International Airport A plane coming from North Carolina slid off a runway when it touched down in IL, officials say. American Eagle flight 4125 was arriving from Greensboro, North Carolina when it slid off the runway. So far Monday, more than 400 flights have been canceled at O'Hare and almost 100 more at the nearby Midway Airport. Chicago is expected to experience up to six inches of snow in the next 24 hours as ... [Full Article...]

As violence hits Hong Kong, its shares lead a decline across Asia

As violence hits Hong Kong, its shares lead a decline across Asia There is no such thing as a buying and selling in U.S. Treasurys because of the Veterans Working day vacation. The US-China trade developments remain the nearly exclusive driver of crude oil prices in the near term at least, while speculations continue to gyrate around the probability of removing part of the existing tariffs and the timing of the "Phase One' deal sign". [Full Article...]

Stocks edge lower as investors listen for trade deal clues

Stocks edge lower as investors listen for trade deal clues US stocks fell in early trading Friday as investors grew more uncertain about prospects for a trade deal between the USA and China. Bond prices fell. He sees so few stocks attractively priced that he now has 15% of his clients' money at mutual funds and separately managed account sitting in cash. [Full Article...]


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