Chinese Central Bank Cuts 5-Year Prime Lending Rate, Euro Stocks Affected – Analysis and Trends

Finance by Stefania Blasioli and Paolo Paronetto Tokyo closes negative. China’s central bank cut the 5-year prime lending rate (LPR) by 25 basis points 3′ reading (Il Sole 24 Ore Radiocor) – The handbrake is on European stock exchanges at the start, the day after a session already characterized by caution which saw the absence … Read more

European Stock Markets Rise After ECB’s Decision on Rates; Euro at 1.1 Dollars, China Industrial Production Up 6.6% – Finance News by Stefania Arcudi and Chiara Di Michele

European Stock Markets Rise After ECB’s Decision on Rates; Euro at 1.1 Dollars, China Industrial Production Up 6.6% – Finance News by Stefania Arcudi and Chiara Di Michele

Finance Of Stefania Arcudi e Chiara Di Michele In China industrial production +6.6% in November. Real estate companies are toasting the news that Beijing and Shanghai have eased restrictions on home purchases. Europe is rising after the ECB’s decision on rates. Euro touches 1.1 dollars, spread stable 3′ reading (Il Sole 24 Ore Radiocor) – … Read more

Chinese Manufacturers Dominate Russian Truck Market Amid Sanctions and Supply Chain Disruptions

Due to the sanctions, all European manufacturers have left Russia and the supply of all imported components to car manufacturers – Daimler, ZF, WABCO, Cummins and so on – has completely stopped. However, the market has not fallen, but on the contrary is growing: +51.3% in the first three months of this year. Now in … Read more

The fight for the leading position will be a game of bait, the fresh Dakar legend Macík knows

Martin Macík took care of the best Czech result at the previous Dakar Rally in fourth place among trucks. In January, he will mark the tenth jubilee start at the famous competition and he believes that he will be satisfied again at the finish and will attack his maximum. “What does the tenth start mean … Read more

Hauliers want 160 million euros from Daimler because of the truck cartel

– Also for the European Cargo Association of International Freight Forwarders In 2016, the EU Commission had antitrust fines totaling almost three billion euros Daimler, Iveco, DAF and Volvo / Renault because they had exchanged price lists for years. MAN did not have to pay anything as a key witness. Got later Scania a fine … Read more

There are 60 days left until the start of the Dakar Rally

Preparations for the second year of the Dakar Rally in Saudi Arabia are in full swing. Competitors and their teams 60 days before the start in Jeddah are not only planning the technique itself, but also have to meet demanding anticovide measures. A comprehensive safety manual came from the organizers for all starters. It mainly … Read more

The automotive industry has fallen by 30 percent in seven months. He asks for support from the government – ČT24 – Czech Television

“We continue to see significant fluctuations in the automotive industry. Due to the 5% year-on-year decline in passenger car production, July itself can be assessed positively, but in addition to the market situation, different dates of summer holidays this year and last year now speak in the statistics, “said the president of the association Bohdan … Read more