Économie

Les deux magasins Rona de Châteauguay restent ouverts

Les deux magasins Rona de Châteauguay restent ouverts Quelque 800 employés seront affectés par ces fermetures au Canada. La société procèdera également à une réorganisation de ses effectifs administratif. La grande majorité de ces compressions toucheront l'ensemble des départements, au siège social de Boucherville. Notons que, depuis l'achat en 2016 de la bannière québécoise RONA par la compagnie américaine, plusieurs postes ont été abolis et des... [Full Article...]

Vodafone, Airtel Users Brace For Tariff Hike From December

Vodafone, Airtel Users Brace For Tariff Hike From December Telecom heavyweights Bharti Airtel and Vodafone Idea shares surged on Tuesday, a day after the companies announced plans to hike mobile phone calls and data tariffs from December 1. Both the firm faced a significant loss post the Supreme Court judgement last month that backed the government's stance of including non-core items in adjusted gross revenue. [Full Article...]

Labour minister urges continued talks as CN Rail workers begin strike

Labour minister urges continued talks as CN Rail workers begin strike Trudeau has said he is not reconvening Parliament until December 5 and the government can not start the process to force workers back on the job until then. "We weren't able to get half the crops off the field, and now, the crops we've got, we can't ship". The statement said farmers this year are facing devastating harvest conditions and poor commodity prices, and a disruption in freight service... [Full Article...]

Aston Martin hopes to attract female customers with first SUV

Aston Martin hopes to attract female customers with first SUV And perhaps more will come from Wales too, as the company's first SUV is created to allow the DBX platform to be used in future electric models of Aston. "If our volumes are slightly north of 6,000 this year, obviously you're adding another ultimately 4 or 5,000 so it's a big chunk of volume for us", said Palmer. [Full Article...]

General Motors Sues Fiat Chrysler Over Bribes To Auto Union

General Motors Sues Fiat Chrysler Over Bribes To Auto Union The suit targets Fiat Chrysler and three former company officials who plead guilty and were sentenced to prison for their roles in the scandal, including Alphons Iacobelli, who had served as vice president and lead UAW negotiator. "We have alleged in the complaint that Mr. Marchionne is responsible for conceiving, executing and sponsoring the alleged wrongdoing", Glidden told the Free Press . [Full Article...]

Man sues Burger King over Impossible Whopper

Man sues Burger King over Impossible Whopper Williams is filing the suit along with several other vegans appalled by Burger King's alleged cooking practices. The fast food chain's vegan Impossible Burger has been under fire for cooking on the same surface as other meaty menu items. The Impossible Whopper is not now available in New Zealand. Williams claims that he's "suffered monetary damages in the amount that he paid to purchase". [Full Article...]

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

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...]


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