Your Daily Scan of the New Global Economy

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France
Boeing finds debris in fuel tanks of 737 Max planes Boeing is facing more problems with its 737 Max series, which have been grounded for almost a year over safety concerns. Recent inspections have found debris in the fuel tanks of several planes awaiting delivery to airlines. Also today, we look at the latest from talks...
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Banks eye HSBC French assets as it announces 35,000 job cuts worldwide UK-based HSBC bank said Tuesday it will cut 35,000 jobs and shrink sales and trading in Europe, to focus on faster-growing markets in Asia and better cope with global uncertainties. Two French banks have expressed interest in taking over HSBC’s operations in France,...
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HSBC to axe 35,000 jobs in radical overhaul of bank HSBC is to cut 35,000 jobs over the next three years, as part of a major downsizing of the bank’s operations. It comes after the lender’s profits slumped by a third in 2019, to $13.3 billion. Also today, Apple warns that the supply of iPhones...
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Japanese economy slumps as coronavirus fears persist Japan’s economy slid at an annualised rate of 6.3 percent last quarter, the steepest decline since 2014. We take a look at the reasons behind the slump. Also, General Motors scraps an iconic brand in Australia and Tesla’s highly-anticipated German gigafactory hits another roadblock. Posted: February 17, 2020 9:20...
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Renault falls into the red in aftermath of Ghosn affair fallout French carmaker Renault said Friday it went into the red last year for the first time in a decade on lower sales and a falling contribution from its Japanese partner Nissan. Posted: February 14, 2020 10:23 am by RFI
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Dating apps see exponential growth over past eight years With romance in the air this Valentine’s Day, dating apps like Tinder are racking up huge numbers. We take a closer look. But first, Chinese tech giant Huawei is targeted with a new indictment in the US, accusing it of racketeering, sanctions violations and a “decades-long conspiracy” to...
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Huawei hit with fresh charges of sabotage and intellectual property theft from US tech firms Chinese tech giant Huawei was hit Thursday with fresh US criminal charges alleging a “decades-long” effort to steal trade secrets from American companies. Posted: February 13, 2020 9:56 pm by France 24
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