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Plans for VW’s electric car, known as “MEB entry” and with a production volume of 200,000 vehicles, are due to be discussed at a supervisory board meeting on Nov. 16, the source said. Another vehicle, the I.D. Aero, will be built in a plant currently making the VW Passat, a mid-sized sedan, the source said white gold diamond cufflinks uk sale. The Wolfsburg-based carmaker, which declined to comment on the plans, is also expected to discuss far-reaching alliances with battery cell manufacturer SK Innovation (096770.KS) and rival Ford (F.N), the source said..

The November 16 strategy meeting will discuss Volkswagen’s transformation plan to shift from being Europe’s largest maker of combustion engine vehicles into a mass producer of electric cars, another source familiar with the deliberations said white gold diamond cufflinks uk sale. VW’s strategy shift comes as cities start to ban diesel engine vehicles, forcing carmakers to think of new ways to safeguard 600,000 German industrial jobs, of which 436,000 are at car companies and their suppliers. An electric van, the ID Buzz, is due to be built at VW’s plant in Hannover, where its T6 Van is made, the source said..

To free up production capacity for electric cars in Hannover, VW’s transporter vans could be produced at a Ford (F.N) plant in Turkey, if German labor unions, who hold half the seats on VW’s board of directors, agree, the source added. VW and Ford are in “exploratory talks” about an alliance to develop self-driving and electric vehicles and to complement each other’s global production and sales footprints, Reuters reported last month white gold diamond cufflinks uk sale. Ford has strong sales and profits in the United States thanks to its exposure to the lucrative pickup truck segment, while Volkswagen dominates the market for passenger cars in Europe..

The companies are considering cooperation deals in the areas of commercial, electric and autonomous vehicles, although a final agreement will unlikely be announced at the November 16 strategy meeting at Volkswagen, the second source said. The details of a cooperation deal with Ford may take until the end of the year to be finalised, the second source said white gold diamond cufflinks uk sale. The German carmaker will mainly focus on debating the merits of converting its VW factories in Emden, Zwickau and Hanover, which all build combustion-engined cars, to electric ones under the plans being discussed by the board of directors, the source said..

Carmakers in Germany agreed on Thursday to spend up to 3,000 euros ($3,430) per vehicle to add more efficient exhaust filtering systems to cut diesel emissions, but failed to prevent bans on diesel vehicles by Cologne and Bonn. EU lawmakers have agreed to seek a 35 percent cut in car emissions by 2030 after a U.N. report called for dramatic steps to slow global warming white gold diamond cufflinks uk sale. Diess said to cut average fleet emissions of carbon dioxide in Europe by 30 percent by 2030, VW needs to raise its share offully electric vehicles to 30 percent of new car sales..

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SINGAPORE (Reuters) – AirAsia X Bhd (AIRX.KL), which has yet to firm up a tentative order for 34 Airbus SE (AIR.PA) A330neo widebody jets placed in July, is considering switching some of those jets to narrowbody A321neos, the CEO of its Malaysian arm said on Friday. “This is something the team is discussing,” Chief Executive Benyamin Ismail told reporters on the sidelines of a CAPA Centre for Aviation conference van heusen cufflinks uk sale. He said the number that could be switched to A321neos had not been decided, adding the aircraft could be used in smaller markets where widebodies were too big or in off-peak seasons..

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Ismail said the deal signed with Airbus in July for 34 A330neos was a memorandum of understanding that had yet to be signed off on by the company’s board, but an earlier order for 66 A330neos was firm, with deliveries set to start by the end of 2019 van heusen cufflinks uk sale. In July, Airbus called the deal for 34 more A330neos “firm”, which observers said usually means approvals have been received and deposits paid. But the manufacturer has yet to place the deal in its order book. Ismail said the airline had yet to rule out the future purchase of Boeing Co (BA.N) 787s as a result of potential problems with the Rolls-Royce Holdings PLC (RR.L) engines on the A330neo..

Similar Rolls-Royce engines on the 787s have had significant issues requiring maintenance fixes van heusen cufflinks uk sale. AirAsia X would consider buying 787s with General Electric Co (GE.N) engines, Ismail said. AirAsia X founders Tony Fernandes and Kamarudin Meranun last week stepped down as co-CEOs of the group, which has offshoots in Malaysia, Thailand and Indonesia. They will remain non-executive directors. Nadda Buranasiri, head of the Thai arm since 2014, was appointed as new group CEO. Ismail said there were no plans to merge short-haul airline AirAsia Group Bhd (AIRA.KL) with AirAsia X even though it was possible both groups could operate narrowbody jets in the future..

SHANGHAI (Reuters) – Scores of Chinese brokers and banks are struggling under the weight of hundreds of billions of dollars worth of loans to companies using their own plummeting shares as collateral. Southwest Securities, a Chinese securities broker based in Chongqing, said last month in its quarterly earnings report it had to set aside the equivalent of 80 percent of its profits through September to provide for likely losses because of such loans van heusen cufflinks uk sale. Southwest and its peers are caught in the slow-motion collapse in China of pledged share financing, in which companies’ major shareholders provide shares as collateral for loans. The practice boomed last year amid a crackdown on shadow banking, but now, as share prices collapse and collateral withers, creditors are suffering..

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But that is only part of the picture. “Even without this effect, the economy has lost considerable momentum compared with the first half of the year,” Commerzbank said. “Hardly any measures have been taken in recent years to make Germany a more attractive business location,” it added. “Indeed, the opposite has more often been the case.”. Germany’s loss of export momentum may be just as worrying as its car troubles and with the risks of a global trade war lingering, exports are unlikely to recover quickly and certainly not to last year’s level watch cufflinks uk sale.

GRAPHIC: Global trade in goods and surveys – tmsnrt.rs/2Quns7F. Japan’s economy will have shrunk by 0.3 percent in the third quarter, the second negative reading this year, figures due on Wednesday are expected to show. Like in Germany, the contraction is mainly due to one-offs, primarily the impact of natural disasters from typhoons to earthquakes. But also like in Germany, the exceptional events may hide the fact the growth trend is pointing lower. Japan’s expansion will be just above 1 percent for the year and growth may gradually slow in the coming years on declining labor market capacity, diminishing fiscal support and the limited capacity of monetary policy to provide stimulus watch cufflinks uk sale.

“GDP growth should return to a moderate positive gain in October-December,” Morgan Stanley MUFG Securities said in a note. “While the economy is currently in the late stage of a cycle, we maintain our view that it continues to moderately expand, mainly in domestic demand.”. The threats of tariffs on its massive car industry hold the potential for more volatility in growth with global politics likely setting the tone. Still, even with several big economies wobbling, U.S. growth remains robust and several key emerging markets are also performing well. And it is this backdrop which supports those economists who argue the recent soft patch is just that or, at worst, part of a moderate slowdown, not a downturn watch cufflinks uk sale.

(Reuters) – A federal judge in Montana halted construction of the Keystone XL oil pipeline on Thursday on the grounds that the U.S. government did not complete a full analysis of the environmental impact of the TransCanada Corp (TRP.TO) project. The ruling deals a major setback for TransCanada Corp and could possibly delay the construction of the $8 billion, 1,180 mile (1,900 km) pipeline. The ruling is a victory for environmentalists, tribal groups and ranchers who have spent more than a decade fighting against construction of the pipeline that will carry heavy crude to Steele City, Nebraska, from Canada’s oilsands in Alberta watch cufflinks uk sale.

U.S. District Court Judge Brian Morris’ ruling late on Thursday came in a lawsuit that several environmental groups filed against the U.S. government in 2017, soon after President Donald Trump announced a presidential permit for the project. Morris wrote in his ruling that a U.S. State Department environmental analysis “fell short of a ‘hard look’” at the cumulative effects of greenhouse gas emissions and the impact on Native American land resources. He also ruled the analysis failed to fully review the effects of the current oil price on the pipeline’s viability and did not fully model potential oil spills and offer mitigations measures watch cufflinks uk sale.

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Another retail approach is to harness the convenience of the mixed-use project. One Bangkok, a venture of Thai billionaire Charoen Sirivadhanabhakdi’s Fraser Property (FRPL.SI) and TCC Asset’s $3.5 billion, will devote half of its 1.83 million sqm development to offices, a quarter for retail, and the remainder for hotels and attractions. “We already have a captive population right there,” Su Lin Soon, CEO (Development) of One Bangkok told Reuters in an interview bloomingdales cufflinks uk sale. Infrastructure investments and a government policy that draws in foreign investors will also benefit the project, which is expected to complete its first phase in 2022, Soon adds..

BUENOS AIRES/LONDON (Reuters) – Top U.S. grain merchant Archer Daniels Midland Co (ADM.N) has approached Argentine soy crusher Molinos Agro (MOLA.BA) about buying the company’s livestock feed and soyoil manufacturing plant, and talks may continue, three sources said. Molinos and other Argentine soy crushers have been pummeled by fallout from the U.S.-China trade policy war which has given U.S. crushers a competitive advantage bloomingdales cufflinks uk sale. The discussions began last year and then stalled over the price that ADM would pay for Molinos, a Buenos Aires-based industry source with knowledge of the situation told Reuters..

ADM declined to comment. A spokesman for the Perez Companc business group, which controls Molinos Agro, said the company had been approached “several times” by potential buyers. Without mentioning ADM in particular, the spokesman said “the offers were rejected.”. It was unclear how much Molinos, controlled by the Perez Companc business group, was valued at during the negotiations bloomingdales cufflinks uk sale. “ADM backed off because of the asking price,” the Buenos Aires-based industry source said. “There were differences in the valuation of the company. But it is logical that ADM could be back knocking on the door of Molinos.”..

The Argentine company reported 665.9 million pesos ($18.5 million) in net earnings for the April through September period. Company results could be pressured by tensions over global trade policy in the months ahead, the source said. “Next year will be a great year for buying soy crushing companies in Argentina, and a bad year for selling them,” the source added. Argentine crushers are working at about half capacity while U.S bloomingdales cufflinks uk sale. crushers are reaping the benefits of low soy prices after China slapped a 25-percent import tariff on U.S. beans. The Perez Companc group has taken a “conservative” stance toward ADM’s overtures and has shown no eagerness to sell, the source said..

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On Wednesday at the expo, China’s state-run offshore oil and gas company CNOOC Ltd signed 20 deals with foreign businesses, including Siemens SIEG_p.DE, Caterpillar (CAT.N) and Schlumberger (SLB.N). Two people involved in the signings said the deals were non-binding “memoranda of understanding”, or letters of intent, with existing partners. CNOOC executives declined to provide details hugo boss cufflinks nordstrom uk sale. Merck Group’s (MRCG.DE) CEO for performance materials, Kai Beckmann, said deals aren’t everything..

“For us as a global company, any signal that promotes free trade and global collaboration is highly appreciated and welcome, and this platform was used for that purpose,” he said. “In the old days, these kinds of exhibitions and trade fairs were used to sign deals hugo boss cufflinks nordstrom uk sale. But now you do the deals through e-commerce and you don’t need trade fairs for that.”. The strategy for some of the more than 180 American companies at the expo seemed to be to wait and see. “We will continue to do what we are doing and hopefully that will resolve itself between both of our governments,” said Henry Irizarry, a vice president at Jeanerette, Louisiana-based Metal Shark Boats, referring to the China-U.S. trade war..

BRUSSELS (Reuters) – The European Commission said on Friday it was seeking reaction on commitments offered by Walt Disney (DIS.N) in a pay-TV investigation aimed at making shows available across the EU. The Commission, the EU’s anti-trust watchdog, is worried about contractual clauses in some deals between six film studios, including Disney and pay-TV broadcaster Sky in Britain, that could prevent programs being shown across borders. “These clauses appear to prevent Sky UK from allowing EU consumers outside the UK and Ireland to access pay-TV services available in the UK and Ireland,” the Commission said in a statement hugo boss cufflinks nordstrom uk sale.

BANGKOK (Reuters) – Thailand’s new ultra-luxurious Iconsiam shopping complex opens its doors on Saturday, shrugging off a decline in tourist arrivals and political uncertainty ahead of next year’s elections. “I wanted to build something that would tell the million stories of ‘Thainess’,” says Chadatip Chutrakul, chief executive of Siam Piwat, the firm behind Iconsiam, a half-million-square meter (sqm) complex sits on the banks of Bangkok’s Chao Praya River hugo boss cufflinks nordstrom uk sale.

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Berlin is also willing to support a second plant, possibly in the Lausitz region near the German-Polish border where two of the regional elections in 2019 will take place, they said. An Economy Ministry spokeswoman said Altmaier was in talks with all relevant parties and no decisions had been made cufflinks shirt uk sale. In addition, the government wants to spend up to 500 million euros to co-finance a research factory to help put German companies ahead of the curve when solid-state batteries are ready for the mass market, another source told Reuters..

Lithium-ion batteries are likely to be overtaken in a matter of years by solid-state technology that is expected to produce cheaper batteries with higher energy density. The location of the research factory has not been decided and the government is about to start a tender process in which authorities and firms can pitch for the site, the source said cufflinks shirt uk sale. A Science Ministry spokesman said the government was supporting efforts to develop solid state batteries by bringing together leading research institutes with the private sector..

Companies involved in the network, known as FestBatt, include Varta, BASF, Volkswagen, BMW, car parts maker Continental (CONG.DE), conglomerate Thyssenkrupp (TKAG.DE), carbon fiber specialist SGL Carbon (SGCG.DE), Belgian materials firm Umicore (UMI.BR), Coperion and Heraeus, the spokesman said. For now, German carmakers are sourcing battery cells predominantly from Asian suppliers such as CATL, LG Chem and Samsung SDI although BMW has struck a partnership with Northvolt. Underlining the uphill battle German firms face, one of the world’s biggest automotive suppliers, Bosch [ROBG.UL], has opted out of making lithium-ion cells, saying it would be too costly cufflinks shirt uk sale.

Hans-Martin Henning, an electric mobility researcher at Fraunhofer, is less pessimistic. “If automakers boost their electric car production to 10 to 20 percent of total sales in coming years, Europe will need battery cell factories with more than 100 gigawatt hours,” he said, well above the capacity planned by Asian producers so far. “We’ll need far more battery cells in Europe – and this must happen pretty fast indeed,” Henning said. The expected shift to solid-state batteries could also make European suppliers less dependent on the rare earth resources largely controlled by China that are used in lithium-ion cells cufflinks shirt uk sale.

(Reuters) – Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries, three sources told Reuters cufflinks shirt uk sale. The measures, expected to be announced by Economy Minister Peter Altmaier next week, are designed to reduce the dependence of German carmakers on Asian battery suppliers and protect German jobs at risk from the shift away from combustion engines. Below are details of plans to establish electric vehicle (EV) battery plants in Europe..

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It is not clear what share of the $2.5 billion each of the three banks contributed. That contribution from VTB toward the $2.5 billion was separate to around $6 billion that, according to the nine sources, VTB provided to Qatar this year gucci cufflinks sale uk sale. In response to questions about the initial $2.5 billion in loans, VTB said it did not provide financing but it was the coordinating bank on behalf of Rosneft. Otkritie declined to comment. Gazprombank did not respond to questions. For the larger portion of the financing — the 5.2 billion euros loaned by Intesa — the Italian bank’s intention was to syndicate the loan, a common industry practice designed to spread the risk and dilute the burden on the bank’s own capital..

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The SEC is already taking written comments and might consider rule changes next year in areas where a compromise is possible, such as raising the bar on submitting proposals. “It is important to regularly review whether our existing rules are achieving their objectives effectively in light of changes in our marketplace,” an SEC spokeswoman said in a statement. Responding to social, environmental and governance concerns of investors, top fund firms, such as BlackRock Inc (BLK.N) and Vanguard Group lately have backed high-profile shareholder proposal campaigns at companies like gunmaker Sturm Ruger & Co and energy giant Exxon Mobil gold plated cufflinks uk sale.

Both fund firms declined to comment on the roundtable, but have previously said they vote based on clients’ long-term interests. Proposals put forth by smaller firms and pension funds on areas like workforce diversity and boardroom elections have also gained ground in recent years. Business groups were heartened when President Donald Trump appointed as SEC chair Jay Clayton, a former Wall Street lawyer who pledged to ease burdens on listed companies. The Chamber of Commerce and the National Association of Manufacturers have dramatically stepped up their lobbying on proxy issues gold plated cufflinks uk sale.

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Tougher oversight of proxy firms and raising the bar for submitting proposals will be up for debate at the Nov. 15 event. Some investors push back. “Some institutional investors say it’s not broke, don’t fix it. Why open the door to potential damage?” said Amy Borrus, deputy director of the Council of Institutional Investors, which represents state pension funds and other asset managers. SEC officials have emphasized they see the roundtable as the beginning of a discussion and welcome all feedback gold plated cufflinks uk sale.

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Twitter said on Friday that it “discovered a bug where some of these accounts were briefly added back, which led to misleading follower counts” for “very few accounts.”. It said in July that follower counts might change “more regularly” as part of its efforts to “identify and challenge problematic accounts.” The ensuing volatility has caught the attention of prominent users, including U.S solid platinum cufflinks uk sale. President Donald Trump and Tesla Inc (TSLA.O) Chief Executive Elon Musk..

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(Reuters) – Amazon.com Inc (AMZN.O) on Friday said it would carry more Apple Inc (AAPL.O) products globally in time for the holiday shopping season, as the technology rivals put aside past differences to boost sales solid platinum cufflinks uk sale. In coming weeks, the world’s biggest online retailer will sell the latest editions of Apple’s iPhone, iPad and other devices in the United States, Europe, Japan and India. Amazon sold a limited assortment from Apple previously that included Mac computers and Beats headphones..

The deal underscores how top brands such as Apple and Nike Inc (NKE.N), which long resisted distributing products via Amazon, are increasingly turning to the e-commerce site because it has become a critical channel for reaching customers. Amazon has taken a harder line on counterfeit goods as well. As of Jan solid platinum cufflinks uk sale. 4, Amazon will rid its site of Apple products from third-party merchants not authorized by the Cupertino, California-based technology company. Still, shoppers will be able to find non-branded accessories – like headphones – that are compatible with Apple devices..

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The plant, to be built either at the Alberta crude storage hub around Edmonton or on an oil producer’s site, is estimated to cost less than C$50 million ($37.8 million). It could be running as soon as 2020, Cairns said. CN’s oil pucks would move in gondola cars, which weigh less than tank cars, allowing the railroad to load them with more crude how to choose men’s cufflinks uk sale. They also do not require diluent, an ultra-light oil that is mixed with crude when it is shipped in liquid form by rail or pipeline. As a result, Canapux’ shipping costs would knock off nearly half the expense of rail transportation in liquid form, according to CN..

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(Reuters) – Campbell Soup Co (CPB.N), which is in the midst of a proxy battle with Third Point LLC, said on Friday it offered to add two of the hedge fund’s nominees to its board, after a similar proposal was rejected by the activist investor how to choose men’s cufflinks uk sale. The soup maker had proposed adding Kurt Schmidt and Sarah Hofstetter from the hedge fund’s slate to the board following its annual meeting. However, Third Point had rejected the offer, Campbell said. “Nonetheless, we believe it is important for all of our shareholders to know that we are offering to add .. Mr. Schmidt and Ms. Hofstetter,” the company said..

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