Stellantis President John Elkann reassured European management teams this week, emphasizing the company’s “clear strategy” following the abrupt departure of CEO Carlos Tavares. Elkann, who has assumed the role of interim CEO, met with executives in Vélizy, France, near Paris, and stressed Stellantis’s strong position heading into 2025. “The company has a clear strategy and … Read more
Donald Trump confirmed Monday that his first economic measures after his inauguration in January will be to increase customs duties on products coming from China but also from Canada and Mexico, decisions that he justifies by the crises linked to opiates and immigration. “On January 20, as one of my many first executive orders, I … Read more
Oil prices ended sharply higher on Monday, spurred by the shutdown of the main Norwegian field and by fears of a widening conflict between Russia and Ukraine. The price of a barrel of Brent from the North Sea for delivery in January rose 3.18%, to close at $73.30. Its American equivalent, West Texas Intermediate (WTI) … Read more
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 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
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
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
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 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
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