Audioburst Search

27 Burst results for "Reynaud"

Dallas - Parker County Sheriff’s Deputy And Reno Police Officer Hospitalized After Being Shot Responding To Disturbance

KRLD News, Weather and Traffic

01:19 min | 3 d ago

Dallas - Parker County Sheriff’s Deputy And Reno Police Officer Hospitalized After Being Shot Responding To Disturbance

"Police standoff in Parker County. It's apparently over this morning, but police are not saying much about it. Charlie's Kurt Luis says The standoff began last night just west of Eagle Mountain Lake when two police officers were shot. The two arino police officer in a Parker County sheriff's deputy were wounded by a man whose mother had called to say he was threatening to start shooting people if they're rural home couple of miles northeast of Reno. A block or so away. Neighbor Ken Collins rushed home only to find a chaotic scene received Text message from one of my local neighbours here. Earlier the saint and that there was an active shooter and Reynaud and so I was not too far away. So I hurried home came home to check you, Norma. Place on my property and stuff. And I got home and found out that the the shooting had happened. Just a couple blocks away. The officers were wounded Justus soon as they arrived at the home. The Reno officer was treated and released from the hospital last night. The deputy reportedly shot multiple times went through surgery and Fort Worth Hospital overnight. His condition is believed to be non life threatening. Meanwhile, the standoff continued about 12 45 this morning. Flames erupted from the home fire fighters douse the fire and police staged to enter Reno. Police confirm a badly burned body was found. Kurt Luis NewsRadio, 10 80 k R. Really, There may be a little extra summer

Reno Parker County Kurt Luis Newsradio Officer Kurt Luis Eagle Mountain Lake Fort Worth Hospital Reynaud Ken Collins Justus Arino Norma Charlie
Fiat Chrysler finds new merger partner in Carlos Tavares

FT News

12:59 min | 8 months ago

Fiat Chrysler finds new merger partner in Carlos Tavares

"French carmaker. PSA which owns Pirjo and Fiat Chrysler. Automobiles it's Italian American rival have agreed to pursue a merger that would create the world's fourth largest carmaker and reshape the ultimate of sector. I'm here with a motor industry correspondent Peter Campbell. And we're joined down the line by David Kayhan in Paris to discuss the merger. Hi Guys Peter Tell us first why these super super mergers have been considered at the moment. What's the rationale behind them earn? What's the most notable recent mergers in the sector so call makers of facing stresses from a lot of a different direction at the moment? They're facing falling sales in the facing the need to invest in some quite expensive new technologies electric cars. They need to sell to the C O talks across Europe and China as well as driverless vehicles and other such technologies that looking at now. What are these things cost money? And it makes very little sense for all of the world's carmakers call makers independently to spend the billions and billions that they need to develop this technology. It's much more sensible for them to tie up. A great proponent of this theory was Sergio Marconi the late former chief executive of fit cruiser who oversaw the merger between Fiat and Chrysler itself. WHO said the comic is need to tie up in order to avoid duplication teaching the list massive spending that they have to make? It's just too much cash. They need to splash right. So what are the relative strengths of the Fiat group. Compared to pressure so both companies are incredibly complementary geographically Peugeot exists almost entirely in Europe asam stuff outside Europe. But it's very very strong strong in Europe. Fat Chrysler despite being called fat is in fact predominantly in North America organization. Almost all of its profits. Come from selling pick-up trucks and very large. SUV's in the North North American region. It owns the ram heavy truck brand it ends jeep globally Lens Africa and Maserati and so for these companies they complement each other geographically and and what PSA has shown with its takeover of Opal which owns Fox hole in the last few years is that this is a company that can manage scale in European mass mass manufacturing so it already owns a number of volume brands in Europe. It audience Persian and sit. Trinidad's open phones Vauxhall. You would add to that fat if this merger went ahead head. And they've already showed that they can make these efficiencies of scale work within a single region within Europe which would be an advantage but PSA really although it's had an incredible Rana that's very profitable. Its growth is sort of come to an end really needs to try and push into North America which has plans to do unto its own steam and it really needs a serious premium. AM nameplate a merger with fair crews which is very strong in North America and has offer may a massive rati and jeep brings that I say so David John Elkin. WHO's the one of Italy's Agnelli families? The Italian billionaire behind axle which controls Fiat Chrysler and also the brains behind the proposed merger but his his attempt to do a similar deal with Renault early. This year failed at this plenty of examples of failure here. What happened there? Why did I go wrong? Defensive Him you ask really. FCA In parallel talks with Reynaud and Persia for quite a while but particularly since the start of the year. What people have told us that the whole time? They're in these as talks. They actually wanted runner. That was number one target. But I didn't know that so Iran may the news was given to the profoundly particular and generally that they were going to go over a nice over a good the only problem from. Sei's point of view. Is that across the table from the Reynolds argest shareholder was the French state. You might know that Renos found itself in a particular situation with its Japanese partner Nissan. And what the French state said was at Notre for the merger to go ahead. They wanted the explicit it consent agreement approval of Japan. They walked away. It was like ten days. The whole thing collapsed. It was a drama France. Tickets blamed by some sides if you took the French state on background they say maybe the deal wasn't as good for Renos. It could have been directing normal shareholder but either way John alcon sure. The French date didn't like what it was doing walked away dramatically and that leads us to PSA so would perjures Kosta virus preach batter partner. Do you think it depends. I mean I would cautiously say yes. Tavarez is a big personality big. Co elkhound is buying in is a guy who's not. It's going to take a backseat in any way he's going to be a CEO in charge driving strategy and Alcon will be classic chairman. You'd imagine it's kind of return to demark relationship. He had before maybe it was something. We didn't think he was totally on board. With an part of the reason he went Reynaud but where the project is definitely at nicer fit for FCA. Is that the French state is far less hands on this company. It has a shareholding but in Reynaud you could say that the French state is more like a family company shareholders. Huge emotional ties. It's the largest shareholder as well in Persia. It's a much more traditional shareholder it doesn't lockinge stakes. It's the joints are shareholder shareholder with both the Persian family and China's Dongfang. So you can see why it might be a better partner. Yes so notice. That are lex pages. Describe cried Mr Tavarez's quadri-lingual what kind of big personality is he. What kind of figure does he cut in the car? Industry globally so taveras is renowned and as one of the most capable executives across the automotive industry. If you look at his track record is performance. He came into Persia when they will almost bankrupt. He oversaw sore huge turnaround at the company then bought Opel. This was a company that General Motors couldn't make money out of twenty years. They turned that around in very short order and yet at the same time he doesn't have the gigantic room. Filling ego of some of the other executives in the auto industry would be more akin to traveling head of state when they it went overseas. Savar as who is a cost cutter to the core when he comes to the UK to visit the Vauxhall plant at Luton flies into Luton on EasyJet buys is is sandwiches in the corner shop before getting in a taxi to go over to the plant in his better than eight. Uneasy gentleman with US possibly explanation. But it's also true that he really has a way a of identifying with the ground level workforce as well as the executives and saying guys. You are the team here is up to you to deliver this turnaround plan has to go ahead. And he's been quite good actually particularly in the Opel turnaround of avoiding plant closures. No everybody thought when he bought Opel there we're going to have to shut factories and he said we're going to do this plan without shutting factories and they brought he managed that and what we expect from the FCA deal if it goes ahead. Is that going to make a commitment not to close any of either. I accompanies plants as a result of the turnaround as a result of trying to make savings here and so two Varas is seen. At least at the highest levels of most capable automative executives that gives at the moment and by some people is ranked the best glibly anywhere interesting David. How's he viewed inside of corporate France? If you like with a problem we have a terrorist journalist. This is not enough that stuff to say about him. It's genuine issue now. He's considered in France and piracy to be one of the best. I mean one of the reasons. The French government are supporting. This is because Tabarez is there. He's seen as being a safe pair of hands he sees having done a really great trainer ended Persia and he's seen as someone that they can trust in putting together this merger that's right but he has this cultural index territory. The allows him to associate with work in different countries so when he bought Opel everyone was naturally worried Opel. They were about to get fired but he walks into the headquarters Opel in Germany. All the stuff of April assembled there and his opening lines to the Marin German now he doesn't speak German but he'd learned some opening lines in German and was greeted with a big round of applause but also with the sense in the room that this was a guy who was on their side. It makes a big difference right okay. Personalities a site. Let's let's talk about some of the numbers here. What are the terms of the proposed? David I mean where would the merge creeped based for start. Well that's a very good question when that we don't really know the answer to yet. The idea is multiple As it stands but just very quickly so it's a fifty fifty all stock merger and there's going to be a special dividends and payouts. Either side equalized equalized values but analysts are suggesting that this looks like PSA buying FCA and part of the reason you can say that is the construction of the board Komo correct. He has eleven people five each plus Tavarez so the governance is tilted towards Paris. We will be watching to see where the operation headquarters is really eighty based where Tavarez sits even if I think Peter you might jump in here as well. FCA They're used to bring multiple countries in a way that maybe we'll create tensions. Well this brings us very nicely into the cultures of both companies to. FCA was a company that was borne out of this merger between Fiat and Chrysler and as such as a headquarters in London but but a major office insurance and a major office in Auburn Hills. Chrysler is based and whereas many car companies are deeply rooted in the national culture. These guys genuinely feel we'll multinational and they genuinely feel more global and they've actually culturally made a merger work which historically the consciousness quite difficult to do right. We saw DaimlerChrysler the fall apart we saw Ford Not Really Gel with any of the premium brands. It owned Volvo Janke Arrest Martin etc and at the same time you've got. PSA which also is culturally in quite an international fit because it has a British Brandon Vauxhall at has a German Brandon Opel and again it's made an automotive merger work in recent history and so one of the biggest barriers to auto mergers is cultural and it always is and it's the factions between different rival governments wanting a place at the table and to the fact that you've got to companies that are sort little mood globally cultural and have recently made big complex multi-country images work does bode quite well for these. Two companies being able to culturally fit together. which is a huge hurdle and obviously not a financial one but a key one that really needs to be overcome for any automotive motor to work now to think that assuming this goes through? Do you think there will be cost-cutting. This time we've spoken about how Mr Tavarez avoided this in the past but do we think an ax will fall this time around. They've talked about Oh savings of three point seven billion euros which they go to try and realize eighty percent of those within the first couple of years of the deal going through now. They haven't broken out exactly where that comes from. They've said it's not going to be plant closures if you look at. PSA during open takeover they managed to save a lot of money by shortening labor hours thousand doing various things around the way they utilize space in the factory floor but a big chunk of savings in a big rationale for the deal in the whole is as we said at the start to avoid duplicating investment it costs so it'll be avoid. Investment cost into electrification and avoided investment costs not just intellectuals -cation autonomy but also inter individual platforms so you built a car on. They'll merge those together they'll get huge potential savings and of purchasing components together all kinds of classic industrial merger synergies. I mean David. Is that message sticking in France. I don't think this merger would have been given the green light or been greeted with such political approval as it has been so far if it hadn't been for guarantees. He's about jobs and I think that's true in Italy as well. I don't think they're going to be closing plants. I just don't think it's politically tenable as Peter says for. They're going to be. Finding the savings is in our D adoption. Those kind of things. So if you're a betting man do you think the magic. We'll go ahead and if it is who then are the biggest rivals to the merged group. Rule the move music safaris overwhelmingly positive. The fact the French government seemed to be behaving better than they did last time older. That's not a terribly high bar bodes well for the whole thing going through now. What we're expecting expecting is it? Within the next sort of two three four weeks we'll get a memorandum of understanding between the two companies that will set out potentially more details about synergies potentially more details about management structure and various other things. Maybe even headquarters details then. Obviously the whole thing has to go to show. Does it both companies who have to approve them is quite difficult to to see them derailing that and then obviously it has to go through various other regulatory huddles. They also have to deal with antitrust issues so this will be the largest carmaker in Europe. It could be bigger than Volkswagen that market share in some countries such as constantly will be very high so they may have issues with that but no one seriously thinks that's going to derail l. the deal so assuming everything goes smoothly you could see it close within say nine months potentially two year. There's always a bit of leeway with these things either side and then obviously they will be the fourth largest in the world behind reminisce. And if you're treating those companies is one that's the whole other but also Volkswagen Toyota and on readiness and those three make ten million cars a year. These guys will make eight and a half million calls year that puts them slightly ahead of General Motors. You make about eight but they will be easily within the global top five for well. This is going to keep busy for the next year or so. Thanks Peter an thanks David thank you wolf listening.

FCA Persia Europe Mr Tavarez Fiat Chrysler Opel Peter Campbell David Chrysler France North America General Motors Partner China French Government Vauxhall Paris Italy Fiat Group
Fiat Chrysler Withdraws From Renault Deal

WSJ What's News

02:51 min | 1 year ago

Fiat Chrysler Withdraws From Renault Deal

"Fiat Chrysler has decided to withdraw its offer to merge with the French carmaker Renou, according to people familiar with the matter. The company decided to pull out after the French government resisted, the deal due to a lack of support from Nissan. Nissan is in an alliance with Renault to find out more. I rang up Nick cost of in Paris, who's been closely following the deal. So Nick, what happened what happened? Good question suit, essentially, what we have is deal between we have FCA proposing to merge with Reynaud. However, Renner has been in tonight's with Nissan for twenty years, and therefore shares of many parts platforms is fairly integrated with Nissan, now, the French states decided that it would not back this deal without the explicit approval and without the explicit support of Nissan and Nissan. Has not really been involved in negotiations. Nissan, essentially abstained on the votes and said, we need more time to study how this would affect business and for the French state that wasn't good enough. They wanted me Santa vote. Yes. And so, different states, proposed delay said let's try and work with Nissan to try and get them on board and will reconvene in five days and at this point, John Alcon, who's the controlling shareholder if he at Chrysler decided to pull the deal of pool his proposal, and so the deal Fennell has fallen apart. What has the Chrysler said, well fee Chrysler fuse, and the deal is, is not possible with the with the French state at the moment, because they've been in negotiations with the French state for the past week, different state has been asking for a number of concessions, for example, once a board seat on the new entity. It wanted a four year term for the news CEO of the. Company, and he wanted that to be Reynaud chairman. There was a number of other things. And so see at Christ is essentially saying, we've had enough of the French states demands, this has become untenable, and we can't do a deal when east conditions, and what does the failure of this deal mean for the car industry in Europe? And in the US, does it help rivals, like maybe Volkswagen, perhaps, I mean, it's very difficult to tell at this stage in the US, this would have meant said Nissan, getting together with Chrysler in a way, which which would obviously bought brands like ramen Jeep closer closer with the Nissan's. So that doesn't seem like it's going to happen now. I mean what it means I guess, for the car industry is, if you speak to end this most of them think that Fiat Chrysler needs a deal right now and because then they haven't invested enough in future technologies, I'm so we'll see who they end up with whether it's another French call maker of maybe Paju, or whether

Nissan Fiat Chrysler Chrysler French Government Nick Renner Reynaud United States John Alcon Renault FCA Paris Fennell Volkswagen CEO Europe Chairman Paju
"reynaud" Discussed on WSJ What's News

WSJ What's News

01:33 min | 1 year ago

"reynaud" Discussed on WSJ What's News

"That's ADP always designing for people theat Chrysler withdraws its merger offer for Reynaud is actually is weird because Fiat Renner deal has fallen apart. Posse, and sinks into a bear market investors, every sort of reassess thing, the post specs global growth, US arrest at this southern border rise sharply in may. This is what's news. From the Wall Street Journal. I'm Kim Gittleson? Let's get started. Now before we get in terming story this morning, Fiat Chrysler is decision to withdraw its offer to merge with the French carmaker. Renault, here's what you missed arrest at the southern US border rose sharply in Maine, US customs and border protection said they apprehended one hundred and thirty two thousand eight hundred eighty seven people that's an increase of over a third compared to April the figures were released as Mexican officials met with vice President Mike Pence, and secretary of state. Mike Pompeo on Wednesday, although the meeting broke up without a deal on proposed tariffs. Mexico's foreign minister Marcelo abroad said he was optimistic that tariffs could be averted optimistic because we have a good meeting with respectable respective position from both parts talks are set to resume today, and the global grounding of Boeing seven thirty-seven max has upended air travel, but there's one little notice corner of the aviation industry, that's benefiting..

US Fiat Chrysler Fiat Renner Mike Pompeo Chrysler Mike Pence Wall Street Journal ADP Reynaud Marcelo Kim Gittleson vice President Renault Boeing Mexico Maine
"reynaud" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

01:49 min | 1 year ago

"reynaud" Discussed on WNYC 93.9 FM

"Michigan has ended merger talks with Renault of France. The French government owns a lot of Renault and Renault has a separate alliance with Nissan of Japan and was all very complicated. The BBC's Andrew Walker is in London. Hi, Andrew, Hello, David. There were high hopes for this merger. The idea was, maybe this could signal of a kind of coming together in Europe, the way, we think of Airbus, being a multinational, European consortium, but it was not to be, well, that's the way it looks at the moment. The reason that this fellow Paul was because the French government, which has a slack a fifteen percent stake in Reynaud simply asked for more time now coding, to the finest, but it's a Bruno Lemaire the envy reason hails from more time was because he wanted to ensure that the Japanese maker Nissan, who has a slightly smaller shareholding in was on board. And the signs were that they were going to. Abstain at the vote, quite surprising, I think, for many people that fit Chrysler so rapidly decided to call the whole thing off. So I don't think you can completely discount. The pulse ability that this idea might be revived. But for the moment, at least I sat in the half to conclude that it is the released. Dp Dumond, the BBC's Andrew Walker. Let's do the numbers, the one hundred share index in London is up seven tenths percent here. Dow futures are up three tenths percent. Each bonds up the ten year yield down at two point one percent and the former mayor of Chicago has landed on his feet. Rahm emanuel. Former chief of staff to President Bill Clinton has found work as a barista at Starbucks. I'm sorry. I read that wrong. Emmanuel in fact is going back.

Andrew Walker Renault French government London Nissan BBC Bruno Lemaire Rahm emanuel President Bill Clinton Airbus France Michigan Europe Starbucks Reynaud Dumond Chrysler Japan Emmanuel Chicago
Renault board to reconvene on Fiat merger talks on Wednesday

WSJ What's News

01:18 min | 1 year ago

Renault board to reconvene on Fiat merger talks on Wednesday

"Board of Reynaud will reconvene for a second day of meetings after failing to come to a decision about a proposed merger with Fiat Chrysler, to find out more, I rang. Our reporter Nick Kostov. He stepped out of the meeting onto a Parisian street, so apologies for the honking, Nick, is it likely that the merger will be approved. Likely. I mean it seems to me that they've come to fall note to approve it and the finance minister, who has a big sadness different state has a big say was saying this morning on regular he supports the deal as long as he can get a number of guarantees. So they're still working on those govern teas. But if they can't find an agreement I would think that the board would approve it a majority of the board, obviously, Chrysler is not going to agree to anything that we can directional for the manager, but it stuff like the French state's getting a guaranteed seats on the new board or whether the French state would have a say in picking the CEO down the line. It's also standstill clauses to make sure this is an stays merger of equals doesn't become a takeover of one to make a by the other the final bits of being negotiated the French state probably wouldn't get everything. It's been all sinful. But it feels the if they at least get some of it than the deal would be easier to sell politically here in France.

Nick Kostov Fiat Chrysler Reynaud Reporter Finance Minister France CEO
Oil slides on US inventory build, equity rally caps losses

Bloomberg Daybreak: Europe

02:12 min | 1 year ago

Oil slides on US inventory build, equity rally caps losses

"Lastly in commodities oil this morning continues to dive down one percent on wti crude fifty dollars ninety one brain crude at sixty one forty nine this after that a._p._i. report u._s. stock piles stoking fears of big glut in oil yeah and for e._m. what does this all mean as well that's been something interesting to watch seen a bit of green on the screen for emerging market equities at the very least today but is that just part of the global rally that we've seen in equities post fed let's dig more into the equity story looking stocks to watch and then we've got bloomberg's european equities reporter clear glued co who's with us good morning senate great have you told me through this line that we brought this early this morning a vivas c._f._o. tom stuttered is stepping down from the end of june what does that right good morning and actually trade were forecasting decline forever stock this morning on the back of this news that this year is stepping down from june thirty but at ebay is actually up slightly syrup point five percent just shows you how optimistic at the market is post powell talking of other individuals talk show watching as well cassandra norsk hydro to raise its improvement targets after a surprise profit we say any reaction yes terrific reaction this morning the stock was up almost seven percent earlier it's now up four point eight percent great news for them they're they reported an unexpected underlying profit so it's compared to loss a year earlier and especially since the aluminum producer suffered a cyber attack in march this was particularly nicer price for shareholders okay so that's a no sky drove on reynaud the booth delaying votes on the feds deal after hitting some resistance this is rumbling on though correct yes there's always something going on with reno this year right so reno is down just lightly on this news zero point six percents and its partner nissan is putting up resistance to the deal and it's actually although any sun only has two votes on the board so couldn't block the the deal with the at the same time it is a symbolic statement and also france which is a major shareholder reno asked that as a result of the deal with the framework of the existing franco-japanese align remain

Bloomberg Senate TOM Ebay Powell Producer Reno Nissan Reporter Cassandra Norsk Hydro Partner France Eight Percent Fifty Dollars Seven Percent Five Percent One Percent
Renault FCA merger set to reshape global car industry

FT News

11:12 min | 1 year ago

Renault FCA merger set to reshape global car industry

"Fair Chrysler, automobiles, has unveiled a proposed thirty point six billion euro, al-sham measure with Renault that would we shape, the global automative industry, David Atlee discusses, how the jail came about and how it will affect Renos prepares tired with Nissan with Irish masugi and Peter Campbell. Rush tennis about the two men who engineered the deal when did the talk start. And how did the deal come together? Okay. If tickets step back and just imagine that in the last three or four years in the car industry, all the major players were talking to each other. Part of this thesis, was driven by the former CEO, the late CEO of Fiat Chrysler automobiles Sergio Marconi passed away last July, but had written this manifesto called confessions of capital junkie, where he called for consolidation for a number of reasons in the car industry, and he was, in many ways, the chief, confidant of John Elkin who runs the nearly family empire through an investment vehicle called Exor, which is the dominant shareholder and Fiat Chrysler. And so with Mark Janas death Elkin really steps into this role that normally would have been played by any number of special executives brought in by the family over the years to help exercise their interests. But Elkin really stepped into this role and then began taking charge and making a series of moves one. Those moves was to begin conversations with Renault about various things those conversations really took off, when John Dominic scenarist was brought in January to become the Renault chairman, and stabilize the company, which had been going through tumultuous period after the arrest of Carlos gone in Tokyo in November, the meetings between scenario and Alcon took place throughout the spring in Paris, and Turin at their various homes, and then in the last few weeks, what began as talks about cooperation in a broader partnership really shifted into something else, which was a full merger did call us gone have any role in trying to put together such a merger when he was headed. It's run into San Peter and the rest of the team who's been covering the gun fall out reported in March that Nissan had looked at FCA in the past three years in something that was pushed by Goan. It's not clear to what extent he actually wanted to do that. But at the time he was very much more focused on. Combining rhino with Nissan when it became clear that, that deal was not possible to scenario who had replaced gun, the conversations with Elkin really took off, and in centered Elkin found someone who is more mild mannered, who's more classically European traditional very smooth and diplomatic not an ego maniac, not a big character. Which is typically, what defines many of the big auto chief executives Goan would certainly be seen someone who was imperious character. And so in Senator, there was someone who is much easier to deal with. And I think that probably played a major role because Elkins manners is very sort of genteel in European if you want a risk Socratic, and so that dynamic probably helped make this happen. So you could actually save the absence of gone to some extent, maybe even absent Marconi made this deal easier to engineer. So where does that lead us what are the terms on? What will be the balance of power between each side, so it's a fifty fifty stock deal. So the shareholders in Chrysler wife. Fifty percent stake in a new company, which will be a Dutch registered company and Reynaud shareholders will have fifty percent that essentially means that everyone's shareholdings in the two existing companies will be cut in half. So extra will become the most dominant shareholder with about a fifteen percent stake, the French state, and Japan's Nissan which have fifteen percent of Renault. They will have seven and a half percent in the new company and there will be others who have smaller state, but that's largely the three dominant shareholders. That's why John Elkin will become the non executive chairman of the company and at least for the time being is believed that scenario will become the chief executive. But we'll see how that shakes out of the coming years theme what will is still mean for the industry, and can we expect further consolidation. Yeah. I think the message is yes, but the trick is, it's very hard. The industry is beset with big egos with national pride with unions with manufacturing jobs and the core. Thesis behind this is shutting down factories and firing people. So that is a really hard thing to. Swallow layer that in with the fact that you getting some kind of scale through consolidation layer that in with governments that will want to say to try to protect their jobs. And so you have a very difficult dynamic now concurrently to these talks with Reynaud Fiat was talking to pizzo of France. And obviously those talks have fallen apart hoettges looking stilted at the altar a bit. So the question is, what do they do next and Nissan, which at the moment, just looks like a basket case is also left with some questions to ponder upon for the future. But all the major car companies are watching this with great interest at the moment, so he can we then tune to what do we think. With the cost savings, be and will this mean job losses, the Irish alluded to? So the terms set out yesterday were quite clear in the deal. They envisage being able to do this merger without any plump closures now that may sound ambitious, but remember a few years ago, PSA, Persia took over opo and said they would have a turnaround program and integration program, evolve, no plunk closures and brutally. They haven't closed any plants, so. Oh, it's certainly possible to do that. FCA talked about possible cost savings of around five billion euros from combining various things such as purchasing an RND with Renna. But what they're most likely it's do is to avoid additional cost. One of the reasons comic is trying to tie up is because so many of them have such massive investment costs in future technology, think about something like electric vehicles, something like driverless, technology, and Sergia, Makia, knees, onset to or this was, it's much better for comic is to pool resources and spend this money together, rather than old, Joop locating their investment. And so what this does mean is that FCA and Reynaud, if they come together, we'll only have to spend one load of money on developing electric vehicles, rather than say, two now Renos already the European leader in electric vehicles as the biggest selling electric model in Europe and fit Kryza is generally regarded as a lag Auden electric technology and say, we'll hopefully be able to take in some of Renos electric technology. So they'll be looking for cost savings in various areas such as that. And how much will this merger weaken Nissen's bizarre? Mission within the alliance with Renault currently the way that the alliance is set up is that Reynaud Misawa each have equal representation on the alliance operating board says two seats for Japan. That's Nissim officially in two seats for froms. That's the Reynaud CEO and the Reynaud champion his John, Giannis Sonat, and what this will undoubtedly mean. We don't know what this will mean for the aligns board but is almost certainly going to mean that FCA has a seat at that table. It means that Nissan's influence in overall terms will decrease across the alliance, but actually, the view is that Nissan may perceive parts of this deal is incredibly positive for them, one of the conditions the FCC set during these talks with Renna was the any plans to merge renaissance should be shelved for the time being in order to let Nissen and to some extent, Renos wealth focus on they call business because Nissan's core businesses. Not in great shape seeing a huge slide in it sales in the US as saying fools in China. It's really struggling in some of its logo operations and a lot. Of the phone out of the Costco, no arrest and the questions over the future of the alliance and all the shenanigans about would they merge? Would they not merge has been distracting missiles, management, and frankly, Renos management, as well from the day-to-day operations of the business? So the hope is that by putting that issue to bed for the time being it will allow listen to focus on that day today or perations and not sexy is one thing that's been put in that to try and win over Nishantha supporting this deal in short, then that could be benefits finish San in this new alliance with key be so the long term, what if CA is open to doing is having a full on merger with miss sandwich would create by a very long way the world's largest car company with around fifteen million sales, and that would give them huge scale and therefore numerous potential to invest in a lot of the new future technology a much greater resilience in a very cyclical bumpy industry to be able to weather the storms now. That's more long term in the short term suddenly what Nissim would hope is that it just takes the potential of emerge Reynaud off the table. It lets them focus on the business. Which is something they need to do in order to be able to remain competitive in the future turning to another very important stakeholder in this how have investors responded? What has their view been safe, all say, if you look at the Shatt prices the shaft prices of FCA anniversary both rose incredibly strongly yesterday on Monday when the deal was announced, both rose more than ten percent, investors. See this broadly as positive, but there are lots of questions over the Deel. There were lots of questions over whether call makers need to have global scale, which this will give the companies or whether it's better to focus on getting scale instead of half an individual regions like someone like Persia has done with the OPEL deal because what this won't give Reynaud or FCA is much greater scale in any given regions. They have a bit of overlap in Europe, the market, share, at the end of this deal will be about sixteen percent in Europe. So it increases this state bat. But in terms of that Sharon other markets, there wasn't a great deal of overlap, so they won't be the biggest player in major global markets. They operate in. And so there's a. Question about whether they really need regional scale, or whether they need global scale, lots of other questions around merges, and particularly auto mergers that cross borders in general around company, coaches, we've seen a lot of mergers, in the past the famous one is diamond Chrysler go on for a few years, and then just collapsed because they don't work. That's almost never because of industrial issues political issues. It's almost always because of deeply ingrained, cultural issues, car companies are very cultural animals often rooted in the country, that, that headquartered in and say trying to put together a company that has not just a talion in US culture from fat Chrysler, but French culture from rhino, and ultimately, possibly Japanese culture from Nissen as quite a melting pot. If you're trying to put it all together, so there are two questions over this deal. You've mentioned some, but do you see any particular hurdles, is it the cultural is it the regulation is the politics that could prevent this top, the biggest one of the moment is whether Reynaud agrees to it. So while Reynolds, Chavan, John Donnie Senate has. Been in talks with Alcon for a long time over this and in recent weeks about the merger and FCA has put this proposal to Reynaud Renos still has to agree to it. The French state her fifteen percent of Reynaud behalf double voting rights. Still have to agree to it. Nissan, even though they don't have a blocking vote on this still need to agree. You have the Italian government saying that it wants to protect talion jobs. The French government won't to protect French jobs is going to be very political. We still don't know what the locations of this deal are for the specifics of Renos relationship with Nissen, particularly if it'll affect some of their past contracts together. And so there are a lot of things that could potentially derailed the deal. So it's not a slam dunk by any measure, but the language of FCA and the fact that they're leaders of work closely with Renos leaders over the last few weeks to nail this down. Does at least suggest that there is goodwill on both sides, and both of them it is in their interest to do this deal to make it work.

Nissan FCA John Elkin Renault Reynaud Nissen Reynaud Fiat Reynaud Renos Reynaud Ceo Alcon Chrysler Reynaud Misawa Sergio Marconi Persia Europe Fiat Chrysler
A Fiat Chrysler Merger With Renault Would Create 3rd Biggest Car Maker

NPR's Business Story of the Day

03:51 min | 1 year ago

A Fiat Chrysler Merger With Renault Would Create 3rd Biggest Car Maker

"Support for this podcast and the following message come from American pest as the leading provider of safe, sustainable pest control solutions across the DMV. Let American past help you to take back your home or business from menacing pests visit them today at American pest dot net. Fiat Chrysler is proposing a merger with the French automaker Renault, Reynaud says it's considering it, this merger would be a big deal. It would create the world's third biggest car company after Toyota and Volkswagen. Here's NPR's Camilo domino, sqi, a merger this big would be striking, but not totally surprising. Fiat Chrysler has been looking for a partner for a while. And there, there are limited partners available. Michelle crabs is an analyst with auto trader and Cox automotive. She says, meanwhile, the French Renault had a long standing alliance with the Japanese automaker Nissan that was working. Well, and then things went awry, when former CEO Carlos gone was arrest. Sted in Japan for alleged financial misdeeds and things have just been unraveling now both fiancee's and Reynaud are eyeing their options when it comes to who though partner with as they prepare for big changes in the industry. Many major, automakers have already been partnering up over the last couple of years. There are two reasons first after years of record growth. The auto industry is starting to slow down and that decline is expected to continue. Meaning fewer car sales less revenue at the same time, automakers need to be making big investments in the future things like electric vehicles and self driving cars, and it's a tough one, because you're investing in something that isn't profitable today isn't going to be full tomorrow, but might be profitable might be essential in ten years time. Mark Wakefield is an automotive consultant at Alex, partner's upstart companies like tesla and even ride hailing services like Uber and lift. They're bringing new competition. In response established carmakers are closing ranks towards each other to be able to share costs and to be able to invest through this like on. That's really what's driving a lot of these merger discussions in partnership discussions to Reynaud has been making electric vehicles for years, while Fiat Chrysler, has been lagging behind its decided to focus on money-making brands like Jeep, and ram, big pickups, and SUV's. Plus, it has premium brands like Maserati Reynaud is pushing smaller low cost vehicles Fiat Chrysler thrives in the Americas. Particularly in the United States. Reynaud doesn't sell cars in North America at all. But it's a major player in Europe and Russia that also like a pretty good fit. One has small cars in the other big trucks, one offers luxury vehicles. The other goes down market, but they feel have problem which is trying to Felipe Munoz is an analyst at auto researcher Jada. Dynamics. He says, neither company has a foothold in the crucial Chinese market. Then there are the practical problems of merging and not in another culture. I know the more factories that's more people to teach to work together, which Fiat Chrysler, has to do already since the merger that made it back in two thousand fourteen Blyleven cries which are Italians on American that way only but he's not an easy thing. And it would be even harder if you try to preserve the French Renos alliance with Nissan of Japan, another complication Reynaud is part owned by the French government and has strong unions. The want to preserve local jobs, Fiat Chrysler says the deal if it happens would not result in any plant closures. Camilo dominancy, NPR news.

Fiat Chrysler Maserati Reynaud Partner Renault Japan Analyst Felipe Munoz Camilo Domino DMV Camilo Dominancy Nissan NPR Toyota Volkswagen Michelle Crabs Cox Automotive
"reynaud" Discussed on The Jock and Nerd Podcast

The Jock and Nerd Podcast

03:47 min | 1 year ago

"reynaud" Discussed on The Jock and Nerd Podcast

"He loved it shows AM right rug bail say I didn't like this. He'll all yet in like that, either you said you loved it. I call them out on that all the time. Yeah. But it's it's I mean that's the beauty of like what you guys have like awesome community of fans that, that, that I'm glad to be a part of, and it's just, you know, but I, I don't wanna listen to myself, and I don't really want to do long form at least not right now because I that's why listening to other podcasts. So big for me, because I don't have the opportunity to speak into. The microphone and give you. So I have to listen. It helps me to become a better listener. Because people will talk me say, and you're so good. You're so smart. You're so political MC. No, I'm not. I'm not smart. I just know facts. I'm like I drink and I know things right. I, I have no ability to apply them Reynaud so that there's a difference between knowing fix and being actually athletes, usual. I can tell you all about abortion law. I can't write a new one. You know that. But I, I wanna be able to do that. That's why thought about running for office. But if you challenged yourself, you, you're, you're smarter than you than you think possibly could. Right. It's like you're not in a position to ever have to do that. Right. I'm not in a position ever have to do that. But, but let's run for office. Yeah. I just wanna be able to tell people that what they think is stupid. Right. It's a that won't go over very well. Can you imagine if I ran for congress? I mean seriously in a high profile race against the top GOP guy. If I got enough traction, they would have a field day with my podcast. They would kill you. You know, that's that's why I don't use my real name, right? I mean you could very easily figure out who am I mean I don't really hide it. But like I just don't throw it out there. Well the thing that's good. Because if you so I don't throw out my real name either. Just just like in case, an employer were to see this. Like I don't want them to catch a snippet and get the wrong idea or have any sort of reason to like let me go. So, like if you Google my name like my first and last name, you won't find this podcast which was smart. So even for you, if you Google your first and last name, you're not gonna find this, your podcast, you're only going to find right, like Facebook and my linked to be like linked in. Right, right smart. I think to not use your full name unless you're making all your dough off of this, the only one of us that does. That is TJ and his name is TJ Johnson good. Fucking luck finding the right. TJ Johnson, right? His is the most generic name ever, right? I mean it's like Lisa Smith. I mean, give me a break, you're never gonna find the guy but and but it's. You know. I don't know. I got nothing. I was gonna say, I enjoy I enjoy listening to your pod. Thank you. I would say I. You know, because you first off your very well informed. Big Hoss is super Pash more informed than I am which who because us. Yeah. He's also very well. But he's also got that fire. You know what I'm saying? Like he brings that edge where he's like motherfucker fuck that guy like all that stuff. TJ's. Yeah. He's very funny. Yeah. TJ's got that, like host your voice. That's your book and me. And TJ onside doing stuff, so But then, like for like work. for work for me. I'm like, damn you get like some crazy amazing guests, and you have the balls to just reach out to these people. I just not on Twitter enough to even look at this wind guests will pass them all over to you, brother. We have a filmmaker coming on soon. We have run coming on this week. Is a phone sex operator, right. She's coming on. And she's supposed to come on my show next week..

TJ Johnson Hoss Google Twitter Lisa Smith GOP Facebook congress
Ghosn seeks court approval to attend Nissan board meeting

Monocle 24: The Globalist

00:24 sec | 1 year ago

Ghosn seeks court approval to attend Nissan board meeting

"Call us goon has asked a Tokyo court for permission to attend Nissan's board meeting on Tuesday, the ousted boss of the company was released on bail last week after spending more than three months in jail. The appearance would give gona I chance to speak to colleagues since his arrest in November on charges of financial misconduct. At Nissan Goan was fired as chairman of Nissan Reynaud and Mitsubishi but remains on the board of

Nissan Goan Nissan Reynaud Nissan Tokyo Chairman Mitsubishi Three Months
"reynaud" Discussed on DirtCast

DirtCast

06:28 min | 1 year ago

"reynaud" Discussed on DirtCast

"You probably blog about this. I definitely did. Is it is this is that? I don't know. Brandon davis. Oh my God. W the second question goes to you all so you have a chance to make another point. All right, which entourage character is rumored to be based on Lalla. Kent's Veon say or man as she calls him. Own overnight the fiancee, I'm oh, gosh, which entre educator. Deliberately did not watch that show. I I'm guessing it's one of the sleazy producers. I don't God, I'm guessing it's the maybe the director Billy something like a dick. That's very flattering physically rental element. But no, you're. Yeah. Do you have any idea? Okay. I'm idea. It's turtle. Yeah. But if you look at random to get it. I dunno. Jerry, Ferrara, maybe has a bit more of a charm. I say. I would love to. Oh my God. Great. Hello. Okay. Question. Three stab rose. New York owes the third is shipping air from which country. What? No, please. It's totally fine. I'll read it again. I butchered his name because I don't get. I knew Arcos the correct sprints call. Okay. Savvas nyarko. The third is shipping air from which country. Being. Unfortunately that is not the answer. Dodi? Do you have a would you like Greece? Okay. Congratulations. Okay. Right next question, which actor called his eleven year old daughter, a rude. Selfish little pig on a two thousand seven leaked voice mail. Alec baldwin. Thank you. All right. Which of these people are not ten generally connected to the OJ trial. All right, Faye Resnick. Katherine edwards. Kris jenner. Lisa reynaud. Matty do on handle that Katherine Edwards was a real housewives of Beverly Hills for one season and she's half deaf. Okay. Yeah. There you go. I'm going to probably say lease arena. Oh my God. You're doing you're doing so. Okay. Which dead celebrities bathroom was featured on the cover of push it tease to twenty eight. Thank you twenty teen album Daytona at Connie's West's insistence. I fucked that up, but if that made sense to read it again because I sit up again celebrities sort of famous bathroom was featured on the cover of pusher TS to Tonia, and it was because Kanye west. Demanded it do you know who's bathroom? It was. No. I'm really glad you came. Don't you know, we Houston? It's very dark. This is a good one. All right. And this is going to miss Doda Stewart. What does burn Schreyer Burt Reynolds and Stephen hawking of common? Posed for Playgirl. Stephen hawking did not pose plager-. Right. Do you have any idea? Who toy? Me as you may know him Burt Reynolds, a Playgirl spread that you might know. And then also Stephen hawking genius. The all carry x y chromosomes. I don't know. I that's yes. But no not for these purposes. I'm gonna go my perfect Streep. No, I don't know. All right. The answer is they all died last year. All right. Okay. Yeah. I know. Thank you for knowledge. Ing the truth. Okay. All right. Is Jada Smith a scientologist Jada. Anybody up for debate. The free for all. No, she denied it on that the talk shows, she has with her mother, and and willow, accept them. There were speculation the remedy came on telling her belly Fred wears cabbage. And she's telling abbot was, and I I and so although she will donated some money to maybe Scientology flooded school. They're official answer is no. You're right. But the official answer is. Yes, she is. All right. We got one more. Okay. This is actually we're going to go down the line and see the fast. I want you in the time. It takes me to count of fifteen on my hands name the most bad that you can. Bad men. Alec Baldwin or Weinstein less mood viz. All bad..

Katherine edwards Stephen hawking Alec baldwin Burt Reynolds Doda Stewart Brandon davis abbot Kris jenner Jada Smith Lalla director Playgirl Veon Faye Resnick Billy Daytona Kanye west Lisa reynaud Kent Arcos
Tokyo court decides against extending Ghosn's detention

Bloomberg Daybreak: Europe

04:22 min | 1 year ago

Tokyo court decides against extending Ghosn's detention

"No, it's not Japan does have a very high conviction rate. Once people are indicted. Prosecutors are very wary of resting and dicing anyone unless they feel sure that they can get that guilty. I mean ninety nine percent, but this is a very unusual case that special so so what happens next we'll prosecutor can appeal today's decision to a high accord, I think we'll find out quite soon if they'll do that or not and that would slow the process down a little but apart from that the next step is is for that application for bail and the court to decide what is going to do with it. And we have to remember Nissan itself has been indicted for its spot in these allegations. It's really not clear at this stage. What pass that prosecution is going to take so the stories differently? From other is gone. Does get out on bail soon. We may be able to hear his side of the story in his own words, and that would add a fascinating angle to this ongoing story. Certainly would Sophie, I'm just kinda wondering how much of these allegations are actually public and to what extent we actually know? Details about these allegations facing caller's gone here in Europe Reynaud has been complaining, for instance, that it doesn't really have the details in order to make a qualified judgement about gone, sir, future at the French carmaker. That's right. What we heard from? Prosecutors is only those two allegations to one he's been indicted on in the one dollars on this adds up to under reporting his pay on securities reports for total period of eight years through the Japanese media. We've got various of elements things that came out from Nissan's internal investigation that alleged that he was misusing corporate asset. As for the relationship between Nissan and Renault Nissan has said on the record that they have also to share with rain out directly the result of their internal investigation. And why that's been done is something that hasn't been done something. I think only they can answer. Are we any wiser at this point? So sofi to the future of the alliance. At this point. It's hard to say, obviously has been an iconic of this alliance. He's really spearheaded the whole thing. And and he very much took it on himself to plan. The future of the alliance was going to be and so the long that he remains in detention for whatever is going to happen to him. Christians have to be raised about the future. Okay. So fi Jackman reporting there out of Tokyo this morning on at callers. Goons case, thanks so much for bringing us up to date. Now straight ahead on Bloomberg daybreak Europe will break the latest straight decision from the Rick spank the divided on whether it will hike rates for the first time in seven years. We're gonna get instant analysis from call hammer of s e B, and that hike, of course, still wouldn't take the rate out of negative territory. Meanwhile, markets focused on the fed decision yesterday. Not just the decision, but the dots and the commentary from Jerome Powell did the market as not dovish enough. Are they worried about a policy mistake? Stocks continued to head lower stock six hundred down one and a half percent. This is Bloomberg. This is a Bloomberg market minute as a

Prosecutor Nissan Bloomberg Europe Japan Renault Nissan Jerome Powell FED Fi Jackman Sophie Tokyo Ninety Nine Percent Eight Years One Dollars Seven Years
"reynaud" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

09:09 min | 1 year ago

"reynaud" Discussed on Bloomberg Radio New York

"Governor he oversaw Modi's controversial cash ban two years ago. Reports from Tokyo saying Nissan has begun sharing its allegations against Carlos gone with partner Reynaud in the hope of easing the climate of suspicion since his arrest three weeks ago. We're told lawyers have briefed their French counterparts about why gone was toppled and charged with financial crimes Reynaud, and the French government say they've been kept in the dark since his arrest. At least three people have been killed in a shooting at a Christmas market in the eastern French city of Strasbourg. The suspect is thought to still be at large local media say he's a twenty nine year old man who had already been considered a security threat by the thirties. Strasbourg city center was closed off from pedestrians and traffic and the European parliament building place in lockdown. Global news twenty four hours a day on air and talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Deborah Mao. This is Bloomberg manner. Debra. Thank you very much ways. Detained CFO Magna ones. You has been granted bail by a Canadian could only three days of arguments debating her potential flight risk. Our chief north Asia. Correspondent Stephen Engle is following the developments and Stephen good to see this morning is this likely to ease the tensions between China and the United States and Canada at all. Well, I guess what? Mum getting on out on bail. That's not going to hurt, of course, the relationship between China and the United States, even though a lot of officials on both sides want to clarify that the two issues are separate one is a criminal Justice proceeding, and the other is a trade dispute. However, as we've gotten comments from the likes of Donald Trump who says he could potentially intervene if it is needed to perhaps solve the trade disputes intervene. That is in the hallway case, that's what he reportedly told Reuters reporter in an interview. But again, this is an interesting case because over the last three days in Vancouver dating back to Friday Friday Monday and Tuesday, it was quite a dramatic proceedings as. Among lawyers, presented a case to get her out on bail. The judge initially wasn't so convinced that her husband would be good a shorter. Sure, t I should say to keep her from fleeing. But in the end today, she the judge did grant bail with many conditions, including she has to stay within Vancouver. She must wear a GPS tracker and she must pay for her own security for twenty four seven and surrender. Her passport. And of course, that there is the other discussion this morning isn't that which is Mr. Trump suggested he might be prepared to intervene to get his trade. -til dumb. That's what's movie markets as well. Yeah. That's absolutely, right. Because any intervention would be a big game changer. If you will whether it would be to smooth over the trade ties or whether actually intervening to make the hallway case, I have more teeth and do brass push forward that extradition, which the US law enforcement officials want to extradite miss monk to the United States to stand trial perhaps on those allegations that she lied about connections with an affiliate now defunct -ffiliated here in Hong Kong sky com. Okay. Thank you very much that let's see where the twists and turns go will use national security as an argument Stephen to get involved in this Stephen Engle that with the very latest on the hallway story, let's move along. And let's talk about the trade tensions between Beijing and Washington. Let's as well. We could discuss the sources they say that China is considering looming trade war tariffs on imported American caused a fifteen percent for forty percent while the move hasn't been finalized, and it could still change. Asian automakers day are pacing ahead. There's Toyota up over two percent. Look at Kia Motors up. Nearly four percent. Simon Ballard is the executive director Marcus challenges. From I Abu Dhabi. Welcome to show. Thanks to by getting down that road could always be tough. So my question to you is the Chinese proffering this move on auto tires symbolic or substantive in your opinion. As you read the news. I think symbolic in the first instance, I mean, this is a game of brinkmanship at the end of the day between the Chinese and between Trump we've seen the market reaction to headlines on both sides of the polemic if you wish yes. I think you know, as we see in the market reaction today on the news as well. As on these sort of perhaps moves by the Chinese themselves just shows how sensitive markets investors are to headline risk at this juncture having gone so far in terms of trying to price in what is the potential sort of macro risk of global trade slowdown through through this. Use soy no risk. Yeah. I was looking to cover different indicators one of them as the fear the fear at barometer at Credit Suisse. Let's look at it. Because it's in the library. Expected levels that we haven't seen since two thousand thirteen so for all the individual days of manic, panic bid and offer the overall level of fear in these markets is still back at levels of two thousand thirteen. So there's still this presumption I would say in markets that will be resolution at the highest level on trade because it has to be at the end of the day. Trump doesn't want to create a global trade war. He's trying to renegotiate the US's position. He's trying to renegotiate the US versus China in terms of sort of the the the, you know, the the next paradigm in terms of global growth, he doesn't want to actually be the one in the US president to the triggers a significant slowdown in the US economy globally. He doesn't want to import inflation greater than ten percent. Which at the end of the day. It's what he's gonna do in the short-term through tariffs on Chinese imports. He's not going to reposition production capacity from China into into the US in the short term. So he's gonna be very careful how he treads I, and they go there is nothing to fear index for you. What? Call my mind was the movement in the you want the Juan has rallied. We're running our mlive by the way, you can jump onto wish go you can have your say when it comes to where these markets and at the end of twenty nine hundred ninety one Israeli it is most volatile in three years, but still the market EMI blog says it's still the would be lower in till next year. If you had to choose to position, would it be would it be Ozzy dollar or would it be stopped? Heidi think the market wants to trade Q one trade war? I know that's like a crystal ball. But give it a go tribe. Was it just one of the parts of this jigsaw that we're looking at it too key one? There are a myriad impacts that are going to you're going to drive investment strategy in the in the first quarter. Certainly the one is going to be an interesting play. I think stocks depending on how we get through the next couple of weeks in the UK. We're gonna talk about Brexit later on this could be a significant driver. And I think it's not a question of just focusing on one asset class at this time of the wind could he's gonna be declining between sort of position yourself defensively across acid classes at the start of the show. I should the global market map. And I showed the. Emerging-market relief. I know the or beyond the repeat is a decent credit. But let's just have a look at the emerging market growth. Perspective. We've got it together for the Philippines for India. And for Thailand. Now, there's a wonderful line from Morgan Stanley. They say emerging markets are these are the prospects by the way for next year. Michelle, Jim Risco, you can find her story on the Bloomberg Morgan Stanley say emerging markets are cheapest chips. I'm paraphrasing Bank of America. Are not paraphrasing say, they wouldn't touch them. But the Ted foot pole. But if the winds of change come together trade moves disappeared, the dollar fades and the fed pauses Komi old fashioned. That's not bad for Mark. It's not bad. Promoting market is no bad for risk. Generally what I think you've got to stand back and look at emerging markets in the context of it's not a broad brush investment strategy. It's a more of an idiosyncratic selective approach to value there after the after the cellphone we've seen the weakness that we've seen through the the rates market of the last couple of months through the volatile lubricating oil price. Hey within the Middle East. More broadly across emerging markets picking your sports rather than saying emerging markets. Are this is the individual critics within that? We haven't penciled in a row. Why does go rogue, correct? Can a little bit better hasn't it? It really comes down to who babes themselves in Q one with this OPEC non-opec d- does absolutely absolutely. We've seen a relief rally if you wish some relief strengths coming in on the back of the OPEC sweep Brenda of sixties a positive. I think in terms of this region. Certainly, I still think we we're finding a flora and that sort of level. I see us range-bound so going forward I'm hoping for further strengthen the oil prices we go through with sanctions coming in and and supply constraints coming elsewhere. But yes, it's on the Nigerian oil minister said to me, you know, he he could see sixty five dollars or Cosby run the numbers. We are suspicious of these stay with.

Donald Trump United States China Stephen Engle Bloomberg Vancouver Twitter Strasbourg OPEC Strasbourg city center financial crimes European parliament Tokyo Modi Deborah Mao CFO Middle East Reynaud
Nissan board boots Carlos Ghosn as chairman

A Public Affair

00:31 sec | 1 year ago

Nissan board boots Carlos Ghosn as chairman

"Jonathan izod, France and Japan have expressed support for the alliance between Reynaud Masan and Mitsubishi hours. Often sounds chairman was sacked by the company's executive board Cosco in was arrested in Tokyo on Monday following an internal investigation at Nissan about his financial misconduct. Rupert wingfield. Hayes reports call us go has been formally dismissed as chairman of Nissan Motor corporation for nearly twenty years. Mr. goon has been the public face of Nissan, transforming it from Japanese also ran

Nissan Motor Corporation Chairman Rupert Wingfield Reynaud Masan Mr. Goon Cosco Jonathan Izod Mitsubishi Japan Hayes Tokyo Executive France Twenty Years
"reynaud" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:49 min | 1 year ago

"reynaud" Discussed on Bloomberg Radio New York

"For an hour and seventeen minutes into the European trading day when it comes to equities and stocks they are on the front foot in Europe following it to some extent Asian equity moves higher as well. For that matter. This is we continue to follow the Brexit story and also signs of further tensions on trade between the United States and China at the weekend's APEC meeting looking further actor the stock six hundred we're seeing nearly all sectors in positive territory bar too. That's oil and gas as well as a real estate. Those two are in negative territory, but we're seeing clear gains here with construction and materials auto says, well, it's banking stocks leading the way higher the stock. Six hundred rising by four tenths of one percent. The same goes for the Footsie-100 here in London the cacao onto rising off of one percent. And the Dax in Frankfurt also on the front foot by about eight. Eight third of one percent Asian equities. If a look at the handover, they were also higher throughout the session. Even though the bypass started on a mixed note the Asia Pacific index higher by about a third of one percent. I just want to mention one specific stock here in Europe that we've been following. This is Reynaud Reynaud says Carney down by four point three percent. This following the news that Japanese authorities are looking to arrest. The Nissan Reynaud chairman callers go we will be talking more about that story. A little bit later on here in this hour. We've been hearing that Nissan will be holding a press conference eighty Yokohama later something to look ahead to a quick look at the ten year. Treasury yield is rising this morning. Three point zero eight percent. Also seeing European deals following six. That's a Bloomberg radio business flash. Now, let's get to leeann guarantee who's got more headlines from around the world. Thank you, Marcus. Homeadvisor.

Reynaud Reynaud Europe Nissan APEC Frankfurt leeann Brexit Bloomberg United States Asia Yokohama Marcus China chairman London Carney one percent zero eight percent seventeen minutes
"reynaud" Discussed on The Smoking Tire

The Smoking Tire

01:50 min | 1 year ago

"reynaud" Discussed on The Smoking Tire

"He's then you get your JD motor. You can do a be. You can do a k. You can do an all wheel drive car. Oh my God, all. So I was at, I was at the nerve ring in June just for fun. Just going around a good place to fucking around a really fun and so haven't the Nurburgring had five last my first two labs for dry right? And it got progress in what kind of car I was in a rented Reynaud Mcgann RS two, six, five. So roughly like a French, a French focus s. t. roughly and it was fun. It was fine. But the last lap was pissing rain and it was the scariest drive. I've ever had. It was the scariest thirty miles in my life. I was driving this Reynaud which was on normal tires at forty fifty eight roads raids or less and sliding all over the place. Well, I'm at the back half of the track and I see. In my rear view mirror the by the way at the number when it rains. No one goes out all scared, right? All the tourists all locals, except this one dude who apparently lives on the track and this guy he lives on the track and he has an all wheel drive k. twenty-something fucking mini that flew by me at such at like Senna. Eric, Senator speed with a monster rooster tail and it was just a just it stunned me so so much. Right. And it had like kind of like this one in this in his video has here in this corner, the wheels all seem to little oversized, right? You've got to go with otherwise. There's no, you can't. You can't make a thirteen work. Now. Now. Our compound. Yes, allu- this, this one required extras. You need ninety six to one Honda, CR v, all wheel drive manual, five speed..

Reynaud Mcgann Reynaud Eric Honda Senator
"reynaud" Discussed on The Andrew Klavan Show

The Andrew Klavan Show

03:50 min | 2 years ago

"reynaud" Discussed on The Andrew Klavan Show

"She invite my only one, the fact you okay up there about checking the and Reynaud. No, you have to pick one war. He cannot come into. He can come into a public. School, not begin education unless we have that rich information. So to pick a primary race as first of all, it's picking between his parents that, and it's also saying that his heritage which is unique, doesn't exist. Yeah, and fifty me these good Bishop dishes. The online. I mean, they are, you know, everyday people, they had no idea with the with the doing or any idea why a high to shut the. Path through. I went through five different school got by two inch Jackman, white t, blah back in board. And you know, those kind of proves the point and nobody really knows anything. So did you eventually make a choice? Yes. So you may gen. That's how Jack became black. He had to get in to LA. Public school is actually then act. I studying Mickey the PM that you should thirty point. I kinda opened up through the whole identity politician, mayo cut, and I kind of really minute it dainty policy. Really. It could really working Nuys, he if by ways. And so that's kind of thirty going the issue. And because I know with identity politics, we kind of focused on the March just Ashby, but that kind of annoys reliving America and vice you Premacy with Ashley period form, dainty politic what you had the blackbox you had the white box which bench of parties should by primarily race boss. I gained a politician. And so that's why hundred by Suprematist my father, my grandfather, we'd be laugh and Imperia and we have. And that's why today, shifty, hope who people temple Harper with the whole affirmative action candle mocking in higher rates to people at. Not having a pushing out of the to devalue them and they should done in the name of of Jesse. Yep. And that will wish orders do if she's working if by which they're they're even universities now with dorms for black students, which to me is so appalling. I mean, being from old school where we're trying to get rid of that stuff. Definitely. It's so so you So make us. there are people in this film who sensually left-wingers who essentially accuse you of turning your back on the issue of race. What's the logic of that? I make, we them if they stay in The the. policies, you know, but why do I have to describe to that entire point? We'll get that group thing. No, that not one with Setina my, that's not the promise to be in the American. If we had the freedom should be able to. She may choice though she should look everything answer and why you have to keep my individuality. She that group. Yeah, because you know why? Why do you do you think why? Why is it so important to them that you make a choice not just for your son, but essentially for you? Why do you think they they want that because they believe the had the lead if that release reach Jesse, whoever shy with the black policy for the need people. She plays release lease issue that and be like new. It's threat because being I'm not going to be one hang began. You're kinda..

Jesse Reynaud Jack Nuys Jackman Bishop Mickey Ashby Harper Suprematist America LA two inch
"reynaud" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:21 min | 2 years ago

"reynaud" Discussed on Bloomberg Radio New York

"Of separate issues the alliance that he has with mitsubishi and with reynaud it's really about how all the operations are run nissan neo according to nissan right now the problems are confined to its its plans as as are reporting can understand and you know carlos going himself has said that they're going to take some time to look into what's best for nissan's shareholders so it's it's really unclear exactly at this point what might happen thank you very much lee in singapore cable business editor for asia the nissan share price down by four point six percents at the close the reynaud share price down one point seven percent guy what's happening with the international headlines hit the details of those markus karlsson guy mission to rescue eight boys than there football coach trapped in a cave in thailand for over two weeks has resumed the operation was postponed overnights because of heavy rain and divers also needed to replace their equipment after bringing four children out safely and eagles from the world caving association says the youngsters have so far been calm and collected they were all in pretty good spirits so that suggests these core customers who are capable of doing things they've never done before with panicking obviously bodes very well for them on a face mask and swimming underwater moving underwater swimming really is not the right word here in the uk police say one of the two people thought have been poisoned by the russian of agent novi chalk has died authorities think the woman was exposed to the chemical last week along with the man who remains seriously ill in hospital the couple fell ill miles from where the former russian spy segregate square paul and his daughter were exposed to nabi chalk four months ago u s secretary of state's mike pompeo has dismissed a statement from north korea accusing the trump administration of gangster like two months bloomberg's pizza says it costs down on the outlook for denuclearization talks between the two countries after returning for meetings with senior north korean officials asserted that their leader kim has it backed off a commitment to give up on his nuclear weapons saying that he was there for the meetings and knows what precisely took place in so peter pay bloomberg daybreak europe and turkey has pledged more than eighteen thousand five hundred people from government jobs for allegedly posing a security risk to the state bloomberg's symond demo kahn reports turkish president worship type we'll announce his cabinet later today after taking an oath in parliament following the june twentyfourth elections who he picks to stir the economy will be significant ahead of the elections investors was speaks by adwan's pledge to take more control of monty policy after his victory in estan bull semen democrat bloomberg daybreak europe global news twenty four hours a day on aruna take talk on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm markus karlsson this back thank you very much indeed democracy with the sport clinton lewis hamilton could have been the new f one standings leader this morning that now trails sebastian battle by eight points after the purchase chrome pre the world champion finish second behind title rival after battling back from an opening lap collision england's players returned to training this morning ahead of wednesday's world cup semifinal gareth southgate looks to have a fully fit scored available for the last four ties with croatia amid the daily alley says they share the nation's optimism the way there so far better we come up against the co competent we're gonna win and we have to be that we're going to get into the final experience have been playing well enjoying it and hopefully seen the videos back home and it seems other countries really coming together so we're we're happy influence engines cricketers go into the upcoming one day internationals with india on the back of a twenty twenty series defeat by the tourists morgan's men lost the decided by seven wickets in bristol to go down to one overall it's wimbledon's manic monday with all of them are sixteen matches taking place today defending men's champion roger federer begins on center court facing twenty seat andrew unman arena with serena williams following against kenya regina in the women's draw rafal rounds things off when he takes on check eerie vassily british cyclist chris firm has continued to slow start to the defensive is twitter franz title.

mitsubishi nissan twenty four hours seven percent four months two months two weeks one day
"reynaud" Discussed on Super Station 101

Super Station 101

02:20 min | 2 years ago

"reynaud" Discussed on Super Station 101

"Those one home repair show that's canadian called reynaud moreno never heard that before we'd never either but basically it's basically they go out and they find people that have renovated parts of their houses and then got frustrated and quit and they fix what they broke and they renovate the already renovated parts of it the whole thing was filmed in canada so the guy so they got the host would throw in the as hey shimmy shimmy up that dory that adds a whole new angle entire show where the semis lake house and all the guy wanted to do was go out the back and go ice fishing eight it was dumb asked so we found this show the other night and i see the premise i see the little the little beginning marine cooking on high cooking on pot because there was no production value right there's no transitions no fancy editing i think they may have done it all and garage band i don't know it's just like something dumped into movie shot on their cell phone and you can make some good videos of maybe you don't be used i'm movie this morning but but yeah so the they introduced their judges which which for the first we saw was a comedian that you've never heard of that guy and a musician that you've never heard of.

canada reynaud moreno
"reynaud" Discussed on The Incomparable

The Incomparable

02:02 min | 2 years ago

"reynaud" Discussed on The Incomparable

"Again at the end which i have all kinds of issues with i thought her journey to god hood was was a fascinating one in portrayed really well it was the only way you will retrieve more power as you know this is like this kindling and you have to blow empathy on it and if you don't do that then you become someone like reynaud renard and all you have an art and and if you do then you can achieve the ridiculous level of power and it i love how they didn't just kind of run through that they took the entire season in fits and starts rejecting it in the wonderful appearance of our lady of the underground showing up in that bar that seem to give each shows and anyway people is rolling back and saying julia saver jesus christ what's going on in the middle of this other thing this all went on and that i'd miss upset particular her transferring power to to alice who has been dying to get you know again differs from the book alice has been dying to get back either get back totally reject the power she had as an if in wherein the the books it's kind of like a relief when she was brought back to human form and julius julia doesn't have like an episode about her the whole season is about her journey where she is she is doesn't realize that she hasn't gotten sort of justice from renard but she she has gotten his power and has to cope with like becoming a much more powerful creature 'cause the last time we see her in season two tissue just got a little spark of magic when nobody else does and then in in season three she has to take that that journey to at the end basically being elevated to god hood and then we can talk we'll talk about the the finale in a minute but it is a great journey and she's she's a really good character i would also say julia is one of those examples where i think the book the books were great raw material and but the tv show has done better by that character by inter integrating her from the start which in you know she basically doesn't do anything in book one it's all told.

reynaud renard alice julius julia
"reynaud" Discussed on KFIR 720 AM

KFIR 720 AM

01:45 min | 2 years ago

"reynaud" Discussed on KFIR 720 AM

"They're in a position of like dumped guys ivan know tampa bay could they do a full ow blow up here baltimore could they do a a somewhat fallout blow up here um i wonder if i could cut the blue jays aside the trade josh johnson could they do i the inching say the because the division you know obviously yankees are plan for keeps reynaud biggest long on the board by the way the detroit tigers there are boycotting the interesting thing in the american league is that even though you know the egg you look you still look at the al central and i say the in the as good as the yankees are still think the indians are the most likely team to make the playoffs in the american league because the central so bad the red sox are still very good in the american league east i think they'll get better i and i think toronto if they don't blow it up and i don't think they will i think they'll be better this year alley baltimore in tampa bay and we very good but you know the in the west the angels of gotten better the mariners have gotten better i think texas's but you know let top to bottom not does not only is a terrible team where in the worst three worse teams any american league are probably going to be detroit the white sox in kansas city will probably be the three worse teams in the american league in their all the israel and unless the twins make a big move to improve their pitching i don't think they're very good either so i still think the indians have an easy path to the playoffs although i do think the yankees and the astros are better on paper and at the yankees add another starting other frontline starting pitcher i think they're the best thing the american lee i'm not convinced they're better than the astra's yet i want to see how the whole offseason plays out but it's getting it can tied up there i'd say the esa the.

baltimore josh johnson yankees tampa bay mariners texas israel astros astra detroit toronto kansas
"reynaud" Discussed on Power 106 FM

Power 106 FM

02:58 min | 2 years ago

"reynaud" Discussed on Power 106 FM

"To stay safe around electrcity make sure you're at least 10 feet away from overhead powerline stay aware stay safe serbia back said it had from so plays the most nice stuff hypothesis la in palm on his show you know what it is i have would renault's power almost six no more for him me ever me yeah yeah i remember serb sound with chesting down my left with this phenomenon was the down aspirin now down on my jump what might account come down this actually it might be played for the danone likened by the way wasting my pace dumb i've no debt is just like they don't like taste but i can't wait to dan the i'm not going to break the breaking i am did the beal adedayo adebayo just day if i quit your view i still got mercedes by quin if these ice the greatest won't menashe jesuit by rail rush how britain in spyro sablan of we lightly debate don't i know his levels poet you and i know be humble for down with a combo sir leon bowl fell down low hullah liam big now i love that down and gamble now on bowl down low hullah liam the now dan i gained daddy reynaud the uh of my day on the uh off my daddy bye bye they pray blowing up go home i'm so sick and tired of the photoshop shown much of building and japan hughley some natural voa thank you for all right don't you along with belgium this is right too crazy i to adam sleeping abu often eighty eight alba project i don't fabricate eight multi abby thank you take as they modest body as she upgraded eight this take great the ab got that did doubt what must house you let dumb if i i love it won't be alcohol on the parlous after being be humble for down sitdown nate humble tell them said down low color liam then now upset down sec now although save now down low hullah liam the now mm.

serbia aspirin quin sir leon bowl liam belgium renault britain dan i japan adam nate 10 feet
"reynaud" Discussed on The Bone 102.5

The Bone 102.5

02:02 min | 2 years ago

"reynaud" Discussed on The Bone 102.5

"On the bed and straddled him yep yep helped turn off the microphone you wanna reynaud a matter hollywood for that that yeah well we got that guy jail k you and you know what i don't like american beauty aim or as one of my favorite whose unlike the movie anymore because what happened are you telling me that either this kid was really lighter kevin spacey that strong where he could pick throw kill the bed like that it was already of the bed here about the bay of especially i think was twenty nine at italia right yeah is a grown man did he have sex with the kid no he just he just a a he'd drive hump them yes and the kid ran for little cities said he straddled them in than the he's squirmed away so lot like what you did and squirmed and squirted a right next to each other in the dictionary just how how long have you been way the rain act out with me ugh i haven't thought about it now of the opportunity digital i'm gonna fight back yes hideous skills simple these swords or painted on so that i didn't really have any weapons at my disposal but next time i'm going to tell your head off jeremy piven finds himself on the chopping block he's the next contestant in the who got grow by hollywood star game actress eight the area and bellemare in a series of tweets today said hey jeremy piven and she added him at least so she didn't sub tweet hade at jeremy pittman member when you cornered me in your trailer on the entourage set member grabbing my bubis on the couch without asking member when i tried to leave you grabbed me by the ass looked at yourself in the mirror and said what a beautiful couple of we made hashtag me to jeremy piven on two occasions cornered me and forcefully fondled my breasts and bomb once at the mansion and once onset man like i dunno phone call with that with her budding it odd last like that like that's an accusation in line not even like a part of the legal process you could just smear somebody now without them having any day in court correct very correct i can't say anything bad about her yesterday you tell me that.

hollywood kevin spacey jeremy piven hollywood star game jeremy pittman
"reynaud" Discussed on KNBR The Sports Leader

KNBR The Sports Leader

01:36 min | 3 years ago

"reynaud" Discussed on KNBR The Sports Leader

"Nfl right now what do you think better than a chief reynaud unexciting achieved or your team that's my swat officers squad but we know we don't we don't do are a rush to judgment power rankings with our heart we doom with our mind yes a you're rushing to it and you think as of today atlanta falcons are gonna win this year rupaul over your kansas city chiefs yes i do have any good ball it would it would you imagine our smith in the super bowl firepower those offenses would be nice i just think that the padma homes thing is really stirred something up deep inside of alex deepen his loans in is a good bowl is whatever you pack to put the steelers at eight terrible i don't smoke man i just stopped smoking yesterday it's all legal it's our drugs all right let's make his money on the other side it was maya rush to judgment power rankings i'm sure that captivated everybody for the last thirty minutes i feel good about it though i you know i really am put a lot of time into this i did i want my heart and soul into this list and for you to make disparaging remarks about a jimbo it wounds me deeply i was making money next on these parts that are connected with the show on twitter knbr these these knbr ten night okay keep your eyes closed i want to show you my first ever painting all right okay open your eyes oh that's a colors and shape sylviane us what do you think well i i like how so.

Nfl atlanta falcons smith alex steelers kansas super bowl padma twitter thirty minutes
"reynaud" Discussed on Monocle 24: The Globalist

Monocle 24: The Globalist

01:30 min | 3 years ago

"reynaud" Discussed on Monocle 24: The Globalist

"Murmurings rumblings and this has been going on for a little while now that fear it might be considering pulling out of serbia altogether which would be dreadful news rarely because as we said it's the biggest exporter from the country terribly important in business terms and it's also a beacon to other countries particular to other companies particularly in the automotive sector that they can come here invest here find workforce developed them and crucially get some reasonably skilled people at very low wages if feared would go that would be extremely bad news there's no official word on that at all and the government is saying it would be very harmful fear to pull out a for all the reasons we mentioned was the heart of the industrial dispute in its its money i mean these people are being paid around three hundred and fifty euros a month of the moment and they want a bit more if you think about this you you buying a feared 512 which is one of the oldest looking cars on the road let's face it but you know you may not be aware that the workforce which is produced this has been on a must starting wage of around three hundred and fifty euros a month it's quite incredible undo it it it it if you look at the rest of this region ranault was having trouble getting recruits for a factory in slovenia wherever reynaud has a long history they were offering just short of a thousand euros a month and they couldn't get the recruits there and the a signal being sent by workers in this region okay we know that we are cheaper than the rest of our european terms of coproduction but then take the mickey yep.

serbia reynaud official
"reynaud" Discussed on Sports 600 ESPN

Sports 600 ESPN

01:33 min | 3 years ago

"reynaud" Discussed on Sports 600 ESPN

"Every week we tried really hard to give you guys the most important news of the week generally coming out of florida it's time for hillbilly headlines it's now time for the southern gentleman's news briefing she has kidding carrier hillbilly headlines on marty in the getaway meyer niro we gotta a man ron reynaud was was playing would've make a rattlesnake in florida decided gonna try to fit a bad idea tung aid rusted ask build a helicopter critical condition he survived martin some of bigger out what what's the rattlesnake by jonathan why do you get that close why are you plywood rat of bake will i dunno look i grew up in the country and when you a country you can do is real stupid things but we live man we we play was nate but not rattlesnakes come on man i'll like this i like this quote a like this call i guess he said he can kiss the devil the daily did go the matt i like the report marty where france's was his acting fill you know which makes me feel like he's done this revolt like this is this is iran ron easier up apple gear not skip.

florida marty ron reynaud france martin nate iran apple