Your Daily Scan of the New Global Economy


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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