prices undermined by the prospect of an imbalance between supply and demand

prices undermined by the prospect of an imbalance between supply and demand

Oil prices rose very slightly on Tuesday, but remain weighed down by the prospect of sluggish Chinese demand, while supply could be oversupplied in the months to come. The price of a barrel of Brent from the North Sea, for delivery in January, gained 0.08% to close at $71.89. That of a barrel of American … Read more

the Chancay megaport, China’s new gateway to South America

the Chancay megaport, China’s new gateway to South America

The imposing silhouettes of the cranes of the new megaport of Chancay, north of Lima, reflect the scale of the infrastructure financed by China and intended to further strengthen the influence of the Asian giant in South America. “It’s almost ready”welcomed during a recent visit to the site Gonzalo Rios, deputy general manager for Peru … Read more

prices fall after Donald Trump’s victory

prices fall after Donald Trump’s victory

Oil prices limited their losses after a drop on Wednesday caused by the impressive rise of the dollar after the election of Donald Trump. The price of a barrel of Brent from the North Sea for delivery in January lost 0.81% to $74.92. Its American equivalent, a barrel of West Texas Intermediate (WTI), for delivery … Read more

Fire spreads quickly near Los Angeles

Fire spreads quickly near Los Angeles

A fire spread rapidly on Wednesday northwest of Los Angeles, destroying houses and agricultural land, fueled by violent winds which brought it to the gates of upscale suburbs of a city of 70,000 inhabitants, the fire season not being not finished in California. The authorities ordered residents of the areas most at risk to evacuate, … Read more

a young man sentenced in Villefranche-sur-Saône

a young man sentenced in Villefranche-sur-Saône

When the best friend becomes a blackmailer. The dispute between the two friends dates back to an evening where, after lending his vehicle, the accused found it damaged in a field. A compensation agreement of 1,000 euros was made to repair the damage, specifies Progressbut the young man ultimately loses his job after having to … Read more

The Paris Stock Exchange ends in the red, China weighs on French companies

The Paris Stock Exchange ends in the red, China weighs on French companies

The Paris Stock Exchange ended in the red, weighed down by disappointing company results due to a drop in Chinese consumption linked to the country’s economic situation. The CAC 40 fell 0.50%, losing 37.62 points, to settle at 7,497.48 points. On Tuesday, the flagship index finished stable, dropping some 0.01%. Highlight of the session, “company … Read more

Marquez beats Martin after a thrilling race

Marquez beats Martin after a thrilling race

Six-time MotoGP world champion Marc Marquez won the Australian Grand Prix after a breathtaking battle with Jorge Martin who took the opportunity to slightly increase his championship lead over Francesco Bagnaia, third on Sunday. The two Spaniards dominated the race, engaging in a fierce battle that turned to the advantage of the Ducati-Gresini rider, who … Read more

Chinese president calls on military to increase war preparedness

Chinese president calls on military to increase war preparedness

Chinese President Xi Jinping this week called on troops to step up their war preparedness, state media reported Saturday, just days after Beijing staged large-scale military drills around Taiwan. Xi Jinping made the comments Thursday while visiting a brigade of the army’s Rocket Force, according to state broadcaster CCTV. Xi Jinping said the military must … Read more

“If we are not champions, we will know why,” admits Ferrari boss

“If we are not champions, we will know why,” admits Ferrari boss

At the dawn of the end of the season where everything still remains to be decided in Formula 1, Ferrari “has no choice but to do a great job” to try to win its first constructors’ title since 2008, its boss, Frédéric Vasseur, explained to AFP on the sidelines of the United States GP this … Read more

end of month-long strike at Samsung

end of month-long strike at Samsung

Samsung Electronics workers in southern India have ended a month-long strike over wages and working conditions after reaching an agreement, India’s industry minister said on Tuesday. State of Tamil Nadu. Samsung “announced several social measures in the interest of workers”Tamil Nadu state minister TRB Rajaa said in a statement. “The strike at the Samsung factory … Read more