Great Wall said in a statement it expects to complete transaction of Rayong car plant, which is currently operated by GM, by the end of 2020.
Welcome to FiveThirtyEight’s weekly politics chat. The transcript below has been lightly edited.
Every president’s election-year nightmare — a recession — is suddenly looming over the 2020 race. In a survey released earlier this week by the National Association of Business Economics, 38 percent of economists predicted that the country will slip into an economic downturn next year, and another recent poll of economists put the chances of a recession in the next 12 months at 1 in 3. Those predictions are getting a lot of attention, and it’s not hard to see why — an economic slowdown in the middle of the presidential election cycle could reshape the race, potentially changing the calculus of Democratic primary voters and undermining President Trump, who has made the strong economy a central selling point of his presidency.
Zarif also says Iran can’t decipher the black box from a Ukraine plane shot down by Iran without help, but won’t hand it over to the U.S. or others.
HONG KONG (Reuters) – Swiss language tutor Education First (EF) has entered exclusive talks with global private equity firm Permira to sell its China operations, in a deal valuing the business at $1.6 billion, said two people with direct knowledge of the matter.
The S&P BSE Sensex Index was little changed at 41,270.37 as of 9:43 a.m. in Mumbai after rising as much as 0.4% and falling as much as 0.3%. The NSE Nifty 50 Index was also flat after swinging between the same range.
TOKYO (Reuters) – Nissan’s new CEO Makoto Uchida doesn’t have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company’s board.
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