Your Daily Scan of the New Global Economy

France

Intel France

  • Boeing 737 Max grounding threatens US peak travel season

    US airlines face trouble meeting demand in the crucial summer travel season as their fleets of Boeing 737 Max jets stay grounded. And Washington is reportedly backing down from a key demand as it closes in on a trade deal with Beijing, and Brexit uncertainty hits the EU Parliament gift shop.

    Posted: by France 24

  • China's economy looks to be stabilising, but at what cost?

    China’s latest data points to a stabilising economy as a massive stimulus program takes effect, but experts warn there could be unintended consequences. In the wake of the Notre-Dame fire, Victor Hugo’s 1831 novel set in the cathedral shoots to the top of Amazon’s bestseller list in France.

    Posted: by France 24

  • EU copyright overhaul on track for members' approval

    Controversial EU copyright reforms approved by the European Parliament in March are set to be voted on by member states Monday – with some countries saying they oppose the new rules.

    Posted: by RFI

  • Nice's Tramline 3 will connect the stadium to the airport

    Mayor Christian Estrosi presents the 3rd line Photo: Nina Barth

    Presentation of line 3: The Mayor of Nice presented the future third tram line. Crossings will be secured with traffic lights and new green areas will be created. The opening of a large park in this western part of the city is planned for next year.

    Mobile and green: On 2 April, the Mayor of Nice, Christian Estrosi, presented the city’s tram line 3 at the future stop Les Arboras Université. He was welcomed majestically by four mounted police officers, journalists and representatives of the city at the construction site amidst the near gridlocked traffic. The planned tram line will go into service at the end of the year and will connect the Allianz Riviera stadium with the airport. This will significantly reduce the level of traffic through the main entry point to Nice. 

    Facts & figures

    In all, the tram will travel seven kilometres – divided into eleven sections – at an average speed of 22 km/h. The speed of the tram will be determined by the speed of the road. “Lines three and two will merge,” says Estrosi. The two lines have five stops in common and will thus connect the city from west to east and the western districts from north to south: The Saint-Isidore stop will be 18 minutes from the airport and half an hour from the north-west corner of the city to the city centre. The Allianz Riviera stadium will also be a 36-minute ride to the port.

    Starting next year, the tram will run every ten minutes, accommodating up to 12,000 passengers per day. In addition, a Park & Ride area is planned in direct connection with the stadium, which will offer 210 spaces. The cost for Nice’s third tramline is 56.82 million euros.

    The route of tram lines 2 and 3. Photo: © Nina Barth

    So when can you start riding?

    In mid-November, the first tram of line 3 officially arrives, and from December the second part of line 2 to the port will also be completed. Until then, the infrastructure facilities on the surface (including new traffic lights) in the Saint-Isidore district will be completed and new green areas laid out.

    The “Central Park” of Nice

    A little green is not enough: “Between the Nikaïa and the Allianz Riviera a park of 25 hectares is to be created; this will be our Central Park or our Hyde Park”, the mayor reveals. It should be completed by mid-January next year.

     

    -Sinja Klock



    Posted: by Riviera France

  • Uber's IPO filing reveals ride-hailing firm's financial picture

    Uber has officially filed its plans to go public on the New York Stock Exchange. The much-anticipated market debut is expected to be the biggest IPO in years. Uber’s filing has offered the first comprehensive financial picture of the decade-old ride-hailing firm and revealed that despite its rapid growth, it is still not likely to turn a profit. Plus, Space X successfully launches the first commercial mission of its Falcon Heavy rocket.

    Posted: by France 24

  • US takes aim at socialist governments in Latin America

    The Trump administration unveils a new raft of economic sanctions to isolate socialist governments in Latin America, with Cuba likely hardest hit. Pinterest gets a $12.7 billion valuation for its public stock debut, and central banks sound a new alarm on climate change.

    Posted: by France 24

We are using cookies to give you the best experience. You can find out more about which cookies we are using or switch them off in privacy settings.
AcceptPrivacy Settings

GDPR

  • By using this site, you agree to our Terms of Service and Privacy Policy

By using this site, you agree to our Terms of Service and Privacy Policy

Please read our Privacy Policy and our Terms of Service before Accepting agreement.