Bankinter | After the WTO authorised the US to impose tariffs of 5.5 billion dollars on Europe, the Office of the US Trade Representative (USTR) announced the imposition of tariffs from 18 October.
The European aviation manufacturer Airbus has threatened to re-think its investments and presence in the UK if the country abandons the EU without agreement. According to the analysts at Alphaville: “Industrial processes don´t function where there are frontier breaks.”
Ofelia Marín-Lozano |The variations in the exchange rate, over short periods of time like quarters, sales performances or results expressed in euros which can lead to simple, erroneous conclusions. This is even more true in the case of a European company with a greater weighting in markets where the dollar is the currency of reference. That is to say in any market outside, if not the Eurozone, then at least Europe.
Multinationals such as Airbus or Aviva Investors are arguing in favour of the ‘In’ vote, warning that a possible Brexit would push the UK into recession before year-end.
The Corner | March 24, 2015 | Tragic events in the French Alps, as all 150 people on board Germanwings Flight 4U 9525 are feared dead.
MADRID | By Julia Pastor | France just started to go through its new year’s checklist. President Hollande announced last week budgetary cuts of €50 billion for 2015-2017, in addition to those €15bn revealed in September. The country urgently needs to increase revenues and it could do it via the sale of state-owned companies stakes such as a French and European reference like Airbus.
European consortium Airbus said it will establish a manufacturing facility in the United States for assembly and delivery of A320 aircrafts. Located at the Brookley Aeroplex in Mobile, Alabama, it will be the company’s first US-based production facility. The Alabama complex will also assemble A319 and A321 aircrafts. According to Airbus' schedule, the site construction will begin in mid 2013 and it is planned to start production in 2015, with…