Économie

US Treasury Sec. Mnuchin: Made progress last week in talks with China

US Treasury Sec. Mnuchin: Made progress last week in talks with China On Friday, China and the U.S. agreed to a partial trade deal which included a pact for China to buy more American agricultural goods, while Trump agreed to scrap the tariff hikes that were meant to go in place Tuesday. "The mini U.S. -China trade deal reached on Friday doesn't alter the outlook significantly", wrote Martin Lynge Rasmussen, China economist at consultancy Capital Economics, in... [Full Article...]

International Monetary Fund cuts India's FY20 GDP growth forecast to 6.1% from 7%

International Monetary Fund cuts India's FY20 GDP growth forecast to 6.1% from 7% The forecast for this year would be the weakest since 2009, when the world economy shrank, as the fund chopped projections from the USA and Europe to China and India. World output is projected to increase to a modest 3.4% in 2020 - still lower by 0.2% than the April projection. "At three percent growth, there is no room for policy mistakes and an urgent need for policymakers to cooperatively dee... [Full Article...]

Airbus : enregistre une commande de trois A220 de la part d'Air Austral

Airbus : enregistre une commande de trois A220 de la part d'Air Austral Avec l'acquisition de ces nouveaux appareils, Air Austral poursuit sa stratégie avant-gardiste. La compagnie aérienne Air Austral a signé un protocole d'accord pour trois Airbus A220-300, avec des livraisons attendues à partir de la fin de l'année prochaine. [Full Article...]

Porsche Taycan 4S Revealed: Offers Two Battery Sizes

Porsche Taycan 4S Revealed: Offers Two Battery Sizes Inside, the Taycan 4S comes with a part-leather interior as standard, where the front seats come with eight-way electric adjustment. The WLTP range is up to 252 miles with the standard Performance Battery (gross capacity 79.2 kWh) and up to 287 miles with the Performance Battery Plus (gross capacity 93.4 kWh) - the highest value of the current Taycan range. [Full Article...]

Renault’s CFO is interim CEO after Bollore ouster

Renault’s CFO is interim CEO after Bollore ouster But Mr Bollore had had an uneasy relationship with Nissan , according to sources familiar with the matter, and Renault and the French state, its key shareholder, have repeatedly emphasised their wish to fix ties and reinforce the alliance. [Full Article...]

US, China Reach 'Substantial Phase One' Trade Deal, Trump Says

US, China Reach 'Substantial Phase One' Trade Deal, Trump Says Chinese Vice Premier Liu He met with US Trade Representative Robert Lighthizer and Mnuchin on Friday. "National security hawks in the US are determined to show that no trade agreement will stop the USA from confronting China on other issues in the relationship, including technology competition, Hong Kong, Taiwan and the South China Sea", they said in a report. [Full Article...]

Trump, Liu to Meet Amid Trade Deal Optimism

Trump, Liu to Meet Amid Trade Deal Optimism Mr. Trump said the deal would result in an additional $40 billion to $50 billion in farm purchases by China . In return, Washington called off the tariff hikes on Chinese goods scheduled for next week. Risk assets are jumping on the headline above but I think the algos are a bit too quick to jump the gun here. Despite low expectations going into the first face-to-face high-level negotiations ... [Full Article...]

Boeing and Porsche team up to develop flying vehicle

Boeing and Porsche team up to develop flying vehicle A flying vehicle may be coming sooner than was previously thought as Porsche (PAH3.DE) and Boeing (BA) have entered into an agreement to explore "urban traffic" in the air. They've suggested that a 2018 study by Porsche Consulting forecasted the urban air mobility market, as they call it, to "pick up speed after 2025". [Full Article...]

Renault's CEO Thierry Bollore Kicked Out, No Official Reason Given

Renault's CEO Thierry Bollore Kicked Out, No Official Reason Given Bollore, perceived as being a man close to alliance partner Nissan's now-ousted leader, Carlos Ghosn, was also serving on the new operating board set up to run the alliance after Ghosn's arrest , alongside Senard and Nissan's Hiroto Saikawa and Osamu Masuko. [Full Article...]

Tip Top Poultry Inc. Ready-To-Eat Chicken Products

Tip Top Poultry Inc. Ready-To-Eat Chicken Products Tip Top Poultry of Rockmart, Georgia produced the items between January 21 and September 24, according to the federal Food Safety and Inspection Service. These items were shipped to a variety of stores, markets and food institutions nationwide in the United States. Anyone concerned about an injury or illness should contact a healthcare provider. [Full Article...]

GM explains latest offer to striking UAW workers

GM explains latest offer to striking UAW workers An ongoing workers' strike at General Motors Co GM.N could cost the automaker about $1.5 billion, brokerage Credit Suisse said on Friday, throwing the USA automaker's cost reduction plans off the track and forcing key suppliers to cut their 2019 outlook. [Full Article...]

US Treasury Secretary: 'We can shut down the Turkish economy'

US Treasury Secretary: 'We can shut down the Turkish economy' In statements Thursday, Trump said that options for dealing with the situation included sending in "thousands" of American forces, a proposal he rejected; imposing severe economic sanctions on Turkey; or providing U.S. "Nobody greenlighted this operation by Turkey, just the opposite". Shortly after Milley spoke, Turkish President Recep Tayyip Erdogan warned he would not stop his assault agains... [Full Article...]

China willing to reach agreement with U.S. - Vice Premier Liu He

China willing to reach agreement with U.S. - Vice Premier Liu He Chinese and American negotiators are set to start meeting again in Washington on Thursday in the latest round of their so-far fruitless talks to strike a trade deal. Markets over the prior 24 hours had pinned their hopes on media reports that Beijing will propose a partial trade deal to prevent further escalation. [Full Article...]

Oil prices dip despite latest U.S.-China trade talks

Oil prices dip despite latest U.S.-China trade talks U.S. President Donald Trump expressed optimism on Wednesday, saying there was a very good chance the two sides will reach a trade agreement. Global benchmark Brent crude futures LCOc1 rose by 8 cents, or 0.14%, to $58.40 a barrel at 1125 GMT. [Full Article...]

Johnson & Johnson Must Pay $8 Bn Over Drug Side Effect: Jury

Johnson & Johnson Must Pay $8 Bn Over Drug Side Effect: Jury The case, brought forth by Nicholas Murray, is one of 13,400 lawsuits related to Risperdal, according to the company's latest SEC filings. At age 9, Nicholas Murray was prescribed the drug Risperdal for off-label treatment - to address the sleeping troubles associated with his autism. [Full Article...]

United Kingdom debt to increase to record level if no-deal Brexit

United Kingdom debt to increase to record level if no-deal Brexit Opposition parties will then try to force an election in November. The most likely alternative is a coalition government led by Corbyn's Labour Party. Unlike Brexit , at least some of these policies will be reversible under future governments. The IFS does not mince words about which scenario would be best for the United Kingdom economy: "Revoking Brexit would lead to the best economic outc... [Full Article...]

Bitcoin Price Analysis - Bears in Control as BTCUSD Drops Below $8,000

Bitcoin Price Analysis - Bears in Control as BTCUSD Drops Below $8,000 Bitcoin 7-day price chart. Bitcoin has been caught in a tight trading range between roughly $7,800 and $8,300 for the past several days, and its latest price action appears to further confirm the near-term strength of both the upper and lower boundaries of this range. [Full Article...]

Pizza Express 'hires financial advisers' ahead of crunch talks about crippling debt

Pizza Express 'hires financial advisers' ahead of crunch talks about crippling debt Reports suggest that Pizza Express chains could be facing a debt of over a whopping £1.6 million per restaurant. Jamie Oliver's Italian chain also filed for insolvency in May this year, with all but three of the TV chef's 25 United Kingdom restaurants shutting it's doors. [Full Article...]

Houston Rockets GM Daryl Morey's tweet about Hong Kong sparks controversy

Houston Rockets GM Daryl Morey's tweet about Hong Kong sparks controversy Head coach Mike D'Antoni told reporters in Tokyo that he "doesn't feel comfortable" commenting on Morey's tweet, which featured an image with the message "Fight for Freedom". In the Chinese version of the statement, it added a further comment: "We are deeply disappointed about Morey's inappropriate comment and he undoubtedly has hurt Chinese fans' feelings severely". [Full Article...]

Turkey Will Soon Move Forward With Operation in Northern Syria

Turkey Will Soon Move Forward With Operation in Northern Syria For years, the Kurds have been close allies to the United States in the fight against ISIS . Turkey hosts more than 3.6 million Syrians who fled the civil war that has raged in their country since 2011. "They must, with Europe and others, watch over the captured ISIS fighters and families", he said after the White House announced that Turkish forces will soon be launching military o... [Full Article...]


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