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The breakthrough is not immediately obvious at China’s largest air show, where AVIC’s seats are tucked in a corner beyond promotional displays for fighters. Jiatai has been in the seats business since 1995, mainly supplying China-made aircraft like the Xian MA60 turboprop. It also equips the recently introduced ARJ21 regional jet. But it is speeding up its exposure to foreign markets, encouraged by Airbus and Boeing, who are still smarting from delays caused by a production crisis at Zodiac and are working to smooth seat supply shields cufflinks history uk sale.

Last week, China’s state-run Xinhua news agency reported that Airbus had delivered an A320 equipped with Jiatai seats for the first time. And Boeing said at the show it had recently added Jiatai’s products to the catalog of available seats for its best-selling 737 jet shields cufflinks history uk sale. The company has fitted out at least 25 Boeing jets since 2016. The move “continues the indirect pressure on traditional seats suppliers” including Recaro, Zodiac and B/E Aerospace, Agency Partners said in a note..

Recent profit margins are a poor guide because of production problems, but in 2016, the last year before it was delisted, B/E Aerospace had an operating margin of 16.6 percent. In the same period, Airbus made 5.9 percent and Boeing 7.7 percent. Analysts say margins are especially high on premium seats, but for now the Chinese business focuses mainly on economy seating. Jiatai says it has capacity for 20,000 seats a year – enough for about 130 medium-haul jets – but is only making 13,000-14,000 shields cufflinks history uk sale. It is adding a second production line..

NEW YORK/ZURICH (Reuters) – UBS Group AG (UBSG.S), Switzerland’s largest bank, faces another potentially costly legal battle as the U.S. Department of Justice draws up civil charges over the sale of mortgage-backed securities in the run-up to the 2008 financial crisis. UBS said on Wednesday it expected to be sued by the Justice Department as early as Thursday. The bank said the claims were not supported by the facts or the law and it would contest any complaint vigorously. Analysts at Zuercher Kantonalbank said it was unclear how long the U.S shields cufflinks history uk sale. legal case might last and that it was hard to estimate what size fine UBS might face..

“It strikes us as important, though, that the matter is brought to a quick conclusion so that clarity prevails,” it said in a research note, keeping its “market weight” recommendation. The analysts said they thought more than half of the 1.2 billion Swiss francs ($1.20 billion) UBS has set aside for non-core legal risks was dedicated to the U.S. case shields cufflinks history uk sale. UBS said in its statement on Wednesday it expected the DOJ to seek unspecified monetary penalties stemming from mortgage securities which date back to 2006 and 2007..

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Jaitley said RuPay’s total transactions had leapt to 84.3 billion rupees ($1.16 billion) as of September, from 11 billion rupees before demonetization. Total transactions done using UPI had jumped to 598 billion rupees ($8.26 billion) from 500 million rupees in October 2016, around the time it was launched. Reuters reported last week that Mastercard complained to the Office of the United States Trade Representative on June 21 that Modi “associated the use of RuPay cards with nationalism, claiming it serves as ‘kind of national service’.” steampunk watch movement cufflinks uk sale.

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ZHUHAI, China (Reuters) – China is squeezing itself into a gap in the market for aircraft seats – a low-key effort compared with plans for a Sino-Russian jetliner or the military might paraded at this week’s Airshow China, but one that may earn it a key role in global supply chains. Bottlenecks in the supply of seats have disrupted jetliner production and created a major headache for Western planemakers in recent years, as manufacturers struggled to keep up with booming air traffic and growing demand for customized cabin features steampunk watch movement cufflinks uk sale.

Consolidation has already reshaped the market; first B/E Aerospace became part of U.S. business Rockwell Collins, then France’s Zodiac Aerospace lost a bid to stay independent and got taken over by Safran. Now China is trying to secure its place in the new landscape. “It’s a big opportunity,” Wu Si, a sales manager at Jiatai Aircraft Equipment Co Ltd, a subsidiary of state aerospace giant AVIC, told Reuters steampunk watch movement cufflinks uk sale. China’s expansion into seats reflects an ambition to build its position as a broad supplier to foreign planemakers while deepening the skills and post-sales experience needed to develop its own aircraft industry, analysts said..

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The recent deal to change the terms of NAFTA is expected to be submitted to Congress for approval in the spring of 2019. The Ways and Means aide said Neal will insist on ensuring that new labor and environmental standards included in the revamped deal can be adequately enforced. Labor and environmental groups have criticized the provisions as weak black onyx cufflinks and studs uk sale. If Democrats hold out for changes, it may force a reopening of negotiations, analysts and lobbyists said. Democrats forced a similar rethink of the first version of the U.S.-South Korea Free Trade Agreement in 2007 that took nearly three years to complete..

BERLIN (Reuters) – A spokesman for Volkswagen (VOWG_p.DE) on Thursday denied a media report that said the carmaker was prepared to fully cover the costs of diesel hardware retrofits, which would come in at 3,000 euros ($3,426.30) per vehicle black onyx cufflinks and studs uk sale. The spokesman said the report on manager magazin’s website was false, adding that Volkswagen had not made such an offer. He added that discussions with German Transport Minister Andreas Scheuer on this were ongoing. Scheuer was due to make a statement shortly..

NEW DELHI (Reuters) – India’s finance minister said on Thursday that Mastercard (MA.N) and Visa (V.N) were losing market share to domestic payments networks, months after Mastercard complained to the U.S. government that Indian Prime Minister Narendra Modi was using nationalism to promote a local rival. Finance Minister Arun Jaitley spoke about the surging growth of RuPay and Unified Payment Interface (UPI), which allows swift inter-bank fund transfers, on the second anniversary of Modi’s shock decision to replace high-value bank notes in a bid to flush out untaxed wealth black onyx cufflinks and studs uk sale.

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Visa declined to comment. Mastercard did not respond to an email seeking comment. RuPay process payments between banks and merchants for purchases made with credit or debit cards, while UPI instantly transfers funds between two bank accounts linked to mobile phones. Jaitley was referring to the volume of transactions, not the value. Though RuPay, owned by many Indian and foreign banks, accounts for more than half of India’s 1 billion debit and credit cards, industry sources say Visa and Mastercard still process the vast majority of the value of payments transactions in the country black onyx cufflinks and studs uk sale. Indian payments transactions were worth $51 billion in August, according to central bank data..

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Those Democrats who may be upset that Trump’s tariffs on Chinese goods and steel and aluminum will raise business costs and prices also face a practical problem in that they have little legislative means to stop them, since they are the result of executive orders, which do not need Congressional approval. Trump has signaled in the past week that he believes a deal with Chinese President Xi Jinping is achievable ebay cufflinks uk sale. The two are due to meet on the sidelines of the G20 leaders’ summit at the end of November..

If things do not go well, he has threatened to impose tariffs on about $267 billion worth of remaining Chinese imports to the United States. Currently, 10 percent tariffs on $200 billion of products are scheduled to rise to 25 percent on Jan. 1, 2019. “House Democrats are the most protectionist group in Congress,” said Derek Scissors, a China scholar at the American Enterprise Institute in Washington ebay cufflinks uk sale. If Trump makes a deal that fails to achieve significant changes to China’s practices, “they’ll jump all over him,” he said..

Representative Richard Neal, the expected new Democratic chairman of the tax-and-trade focused House Ways and Means Committee, sees China as a “big challenge” that both parties and multiple administrations have tried to tackle, a Democratic aide to the panel told Reuters. China too appears to have few illusions that the election results will earn it a reprieve from the Trump administration. “Particularly on trade, both (U.S.) parties agree. So, it will have little impact,” said Wu Baiyi, the director of the Institute of American Studies at the state-run Chinese Academy of Social Sciences ebay cufflinks uk sale.

The Global Times, a nationalist Chinese tabloid, said in an editorial late on Wednesday that the Republicans’ loss of the House “will hardly have any direct bearing on Trump’s China policy”. “China doesn’t need to be deluded by a perceived change in U.S ebay cufflinks uk sale. politics. We should just go about our own business,” the paper said. The bipartisan unity is less secure when it comes to trade talks with allies, however, and the new Democrat majority could make it more difficult to win congressional approval for a revamp of the North American Free Trade Agreement with Canada and Mexico..

Neal and Representative Bill Pascrell, who is set to chair the Ways and Means trade subcommittee, are promising to haul Trump’s top trade lieutenants into hearings not only to explain their strategy on China but also on future trade negotiations with the European Union, Japan and Britain. In a letter to fellow Democrats on Wednesday, Pascrell said that Republicans had refused to bring administration witnesses into hearings on tariffs or NAFTA negotiations. “Without hesitation, I would hold regular meetings and public hearings with members of this administration to impose transparency and assert Congress’ constitutional role in setting trade policy,” Pascrell said ebay cufflinks uk sale.

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“China is committed to working with the U.S. to achieve a no-confrontational, conflict-free, mutually respectful co-operation in which both sides win,” added Yang, who heads the ruling Communist Party’s foreign affairs commission and outranks Wang. However, speaking in Singapore at a forum on Wednesday, former U.S mens designer cufflinks uk sale. Treasury Secretary Henry Paulson said there was a risk of an economic “Iron Curtain” falling between China and the United States unless China carried out reforms and that some people in the United States would like to “divorce” China..

WASHINGTON (Reuters) – The new Democrat majority in the U.S mens designer cufflinks uk sale. House of Representatives is likely to back President Donald Trump’s trade war with China and could even egg him on, but will offer tougher scrutiny of his negotiations with allies, trade experts and lawmakers say. Trump has imposed tariffs on $250 billion of Chinese goods to pressure Beijing to stop intellectual property theft and forced technology transfers, improve market access for U.S. firms and cut its high-tech industrial subsidy program – major shifts away from China’s state-led economic model..

Democrats, the traditional party of trade unions, largely support such moves, especially for their hoped-for effect on helping American workers. “I think Trump has a free hand to pursue his aggressive approach. If anything, the Blue Wave (of Democrats) will be as hawkish, if not more hawkish, than Trump on China,” Gary Hufbauer, a senior fellow and trade expert at the Peterson Institute for International Economics, said mens designer cufflinks uk sale. Beijing has retaliated by largely cutting off purchases of U.S. soybeans and imposing its own tariffs on farm products, steps that some experts had believed could hurt farm state Republicans in Tuesday’s congressional elections. China was the biggest buyer of U.S. soybeans before the trade war..

But the tariffs were at best a minor issue in most races, even in hard-hit states such as North Dakota, Indiana and Missouri, which voted in Republican senators, strengthening Trump’s hand in the chamber. Scott Kennedy, head of China studies at the Strategic and International Studies in Washington, said there is growing bipartisan concern in Washington about increasing state control of China’s economy, military activity in the South China Sea and security issues surrounding Chinese technology companies mens designer cufflinks uk sale.

“President Trump has paid no political price for taking a tough line on China,” he said. “I still see the short term-political and long-term strategic signals on China still pointing in the same direction.” mens designer cufflinks uk sale. House Democratic leader Nancy Pelosi, who made a pitch to return as speaker on Wednesday, has applauded Trump’s initial round of tariffs on China as a “leverage point” to negotiate fairer trade for U.S. products in the country. “The United States must take strong, smart and strategic action against China’s brazenly unfair trade policies,” Pelosi said in March..

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BEIJING (Reuters) – China wants to resolve problems with the United States through talks but it must respect China’s choice of development path and interests, President Xi Jinping said on Thursday ahead of a meeting with the U.S engraved cufflink uk sale. leader in Argentina. China and the United States have put tariffs on hundreds of billions of dollars of each other’s goods and U.S. President Donald Trump has threatened to set tariffs on the remainder of China’s $500 billion-plus exports to the United States if their blistering trade dispute cannot be resolved..

Trump’s administration has also accused China of interfering in U.S. politics, charges China strongly denies, and the two have sparred over the disputed South China Sea and self-ruled Taiwan, which China claims. Still, Trump and Xi plan to meet on the sidelines of a G20 summit, which is being held in Argentina at the end of November and early December, for high-stakes talks as the two countries try tentatively to get ties back on track. Meeting former U.S. Secretary of State Henry Kissinger in Beijing, Xi said he and Trump would have a “deep exchange of views” in Argentina, the official Xinhua news agency reported engraved cufflink uk sale.

China and the United States should correctly judge each other’s strategic intentions, and while China wanted to resolve problems via talks, the United States should respect China’s choice of development path and legitimate interests, Xi added. Xi said attention should be paid to “the increase in negative voices related to China in the United States”, without elaborating. Speaking earlier, the Chinese government’s top diplomat, State Councillor Wang Yi, said Xi and Trump reached an important consensus on the healthy and stable development of bilateral ties in a telephone call last week.Their meeting at the G20 summit would be of “great significance” in resolving bilateral problems, Wang said engraved cufflink uk sale.

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XI-TRUMP CALL. Relations between the two countries have warmed since the Xi-Trump telephone call, laying the ground for their G20 meeting. In a further sign of improving ties, Chinese Politburo member Yang Jiechi and Defence Minister Wei Fenghe are set to hold a security and diplomatic dialogue with U.S. officials in Washington on Friday. Meeting U.S engraved cufflink uk sale. national security adviser John Bolton in Washington ahead of those talks, Yang said on Wednesday that the two sides should “properly manage differences and carefully prepare to ensure positive results in the Argentina meeting”, China’s Foreign Ministry said in a statement..

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MONTREAL/ZHUHAI, China (Reuters) – Chinese companies and individuals are selling more used private planes than in previous years as economic growth slows in China, and U.S cufflink box uk sale. buyers are snapping up hard-to-find models, according to interviews with business jet analysts, dealers and consultants. “Luxuries like private jets are often the first things to be parted with as the companies can no longer afford or justify them,” said James Coak, vice president of international business development for Titan Aviation..

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The uptick in U.S. demand has coincided with a decline in business optimism by private jet operators, owners and financiers in China, according to a survey by Hong Kong-based business aviation specialist Asian Sky Group cufflink box uk sale. “My email is full of advertisements from brokers or inquiries from owners every day with aircraft for sale,” Jackie Wu, president of Hong Kong-based private jet consultancy JetSolution Aviation Group, said in an email. Wu has seen a near-23 percent rise in sales from Greater China year-to-date, compared with the year-ago period, she said..

The biennial Airshow China, the country’s largest, runs this week in the coastal city of Zhuhai, where Gulfstream and other planemakers are looking to sell new jets. Among pre-owned Chinese planes recently sold, according to FlightAscend, are younger Gulfstream models such as the popular large-cabin G550, which can fly nonstop from Shanghai to Los Angeles. Reuters could not determine the identity of the sellers or buyers. Only 5 percent of the G550’s worldwide fleet of 556 aircraft is for sale, according to data from Asian Sky Group cufflink box uk sale. Typically, 6 to 9 percent of some 21,284 business jets worldwide can be found on the secondhand market, where dealers say the supply of pre-owned planes overall is shrinking, helping to prop up values..

Reuters could not determine prices for second-hand G550s, but according to industry data cited by JetSolution, the market price for a 10-year-old Gulfstream G450 is around $11 million compared with a $38.9 million list price in 2008. According to FlightGlobal Values Analyzer data, business jets have lost an average of 7.1 percent in market value over the year. By contrast, business jets depreciated 11.6 percent from 2016 to 2017. Last month, Reuters reported that cash-strapped Chinese conglomerate HNA Group Co Ltd [HNAIRC.UL] was selling its corporate “Dream Jet” sporting a “seven-star” hotel-style cabin cufflink box uk sale.

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TOKYO/SINGAPORE (Reuters) – Japan’s Toshiba Corp will exit its U.S. liquefied natural gas (LNG) business by paying China’s ENN Ecological Holdings Co more than $800 million to take over the unit as part of a plan to shed money-losing assets. The sale is the disappointing culmination of a venture that puzzled analysts when it was announced in 2013. Asian LNG prices have plunged 42 percent in the past five years and the potential for future losses spurred Toshiba’s exit horse cufflinks uk sale. Under the deal, Toshiba will sell its Toshiba America LNG Corp unit to ENN Ecological, a unit of ENN Group, for $15 million, the Japanese company said in a statement on Thursday..

However, once that sale is complete, Toshiba will then make a one-off payment of $821 million to ENN to pass on its roughly $7 billion commitment, starting in 2020, to purchase 2.2 million tonnes per year of LNG over 20 years from Freeport LNG in Texas. “The project posed a huge risk, because no one knows how the situation will be over the next 20 years,” Toshiba’s Chief Executive Officer Nobuaki Kurumatani told reporters at a press conference horse cufflinks uk sale. The company booked a charge of 93 billion yen ($818 million) for exiting the LNG business in its earnings it announced on Thursday..

“The deal is our second major step to expand in the overseas upstream business. We expect to get 2.2 million tonnes of relatively low-cost LNG starting in 2020 to meet growing domestic demand,” said Clarissa Zhang, public relations director of ENN Ecological horse cufflinks uk sale. Toshiba has spent years trying to either sell the gas to power customers or offload the business. Toshiba’s annual cost of its deal with Freeport was a bit over $360 million dollars, meaning the company is paying about two years of those costs to ENN to take the obligations, said Nicholas Browne, director of Asia-Pacific gas and LNG at Wood Mackenzie..

“For ENN this represents a relatively low cost and immediate way to source significant U.S. volumes,” Browne said horse cufflinks uk sale. “For Toshiba, it clearly ends their short foray in the LNG business. “ENN has been very open that it plans to set up an LNG trading business. As such, these volumes will contribute to their portfolio and some will not end up in China.”. Still, the deal is a “positive sign for U.S. LNG developers that China is still open for business,” amid a trade war between the world’s two-biggest economies..

Toshiba stunned the market in 2013, when it decided to enter the LNG business. With no experience in shipping or the logistics of the gas and LNG business it seemed an odd fit, analysts said at the time. Toshiba’s plan was to pitch LNG supplies as a sweetener to likely Asian buyers of its turbines used in combined cycle gas-fired power plants horse cufflinks uk sale. “The company probably wanted to add value to its power plant business by selling not only the power plants but also fuel, but for plant builders, it’s always better to do it all via tenders,” said Junzo Tamamizu, managing partner of Clavis Energy Partners in Tokyo..

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MAUBEUGE, France/PARIS (Reuters) – France’s Renault (RENA.PA) said it will build new Nissan and Mitsubishi vans at its domestic plants, raising investment in the country as it explores closer integration of the three-way carmaking alliance with government backing. The announcement, timed to coincide with a plant visit by President Emmanuel Macron, “underlines the importance of France for the alliance”, Renault-Nissan-Mitsubishi said on Thursday. Renault will build a new Nissan (7201.T) NV250 delivery van at the northern Maubeuge factory, on an architecture shared with its own Kangoo model that includes an electric version, the alliance said in a statement tateossian cufflinks sale uk sale.

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The four-week moving average of initial claims, considered a better measure of labor market trends as it irons out week-to-week volatility, fell to 213,750 in the latest week, a decline of 250 from the prior week’s upwardly revised reading of 214,000. Thursday’s claims report also showed the number of people receiving benefits after an initial week of aid fell 8,000 to 1.62 million for the week ended Oct. 27, the lowest level since July 28, 1973. The four-week moving average of the so-called how to wear cufflinks with blazer uk sale.

SAN FRANCISCO (Reuters) – Samsung Electronics Co Ltd (005930.KS) unveiled its much-anticipated foldable phone in San Francisco on Wednesday, urging Android developers to start writing apps for it. The South Korean tech company needs to get the foldable phone right to reverse steep declines in profit for its mobile division and restore some of the cachet its brand has lost to Apple Inc (AAPL.O). Foldable phones promise the screen of a small tablet in a pocket-sized device. Justin Denison, a senior vice president of mobile product marketing, showed a prototype with a screen he said measured 7.3 inches (18.5 cm) diagonally how to wear cufflinks with blazer uk sale.

Folded in two it appeared to resemble a thick phone, but Samsung did not give media or developers a chance to touch or see the device up close how to wear cufflinks with blazer uk sale. Dave Burke, vice president of engineering for Google’s Android software platform, told a Google conference in California that Samsung planned to introduce a new Android-based device early next year. “We expect to see foldable products from several Android manufacturers,” he said. Google’s head of Android UX, Glen Murphy, was also on stage with Samsung and said Google would work with the developer community to bring more features to the phone..

Samsung said it would be ready for mass production in the coming months. Developer Joshua Clark, who was at the conference, said Samsung needs to sell the technology to its competitors for the product to be widely adopted. “I really think it only takes two companies, and then all of the sudden it will catch on,” said Clark how to wear cufflinks with blazer uk sale. “And the fact that Google was on stage, that says a lot. For developers to be able to integrate it with all their apps, that gives me a lot of confidence.”..

Analyst Bob O’Donnell with Technalysis Research said that while the bendable screen provided a wow factor, shoppers may not like the thickness of the folded phone or its price tag. “They’ll have to prove that it’s more than just a gimmick,” said O’Donnell how to wear cufflinks with blazer uk sale. “But it’s smart to open it up to developers early to do different types of experiences.”. Maribel Lopez, an analyst at Lopez Research, said that the product would likely be relatively expensive in the near term..