By 
US MARKETS:
-S&P 500 futures down 0.2% to 2,735.50
-Brent Futures down 0.3% to $72.93/bbl
-Gold spot up 0.3% to $1,234.90
-U.S. Dollar Index up 0.01% to 96.29
GLOBAL NEWS:
Earnings season. Lilly and Ralph Lauren are among the companies expected to report.
Midterms. The 2018 midterms are the most closely watched in memory. It is widely expected that Democrats take the House and Republicans hold the Senate. But then again, everything is possible. Many analysts expect markets to be OK with a democratic takeover.
WLTP blues. The European automotive market fell by -7.3% in October, according to LMC's work, confirming increased pressure after the entry into force of new standards. ACEA's "official" statistics are only expected in the middle of the month.
Michelin closes Dundee. Michelin will close its Scottish site in Dundee (845 employees) in the United Kingdom by 2020. A consultation procedure is already launched. A provision of €155 million is included in the annual accounts.
Favorite Milleri. EssilorLuxottica's next Chief Executive Officer could be Francesco Milleri, who heads Luxottica and is supported by Leonardo Del Vecchio, the President.
Briefly. Ginevra Elkann joins the Board of Directors of Kering. Mercialys inaugurates the largest counter-commercial in Reunion Island. PSB Industries splits Baikowski, valued at €51.8 million in equity, by distributing 1 share for every PSB share held. Groupe Gorgé sells AI Group.
A chair for two. Amazon is expected to install its second U.S. headquarters in two cities, not just one, with possible leads in New York, Dallas and Crystal City, Virginia.
Everybody down. ThyssenKrupp's elevator division is expected to change bosses, according to Reuters. Andreas Schierenbeck is paying a double warning this year.
Atlantia downgraded. S&P downgrades Atlantia's credit rating to "BBB" due to the Genoa disaster. The agency considers that there are doubts about the long-term financial consequences.
GE sees the glass half full. General Electric minimizes the risk of UK tax-related expenses. The management believes that it will win its case in the event of litigation, which could involve very large sums.
Toyota parade. Rather rare in today's automotive landscape: Toyota has raised its objectives. However, this is due to the currency effect.
Sika is growing up. The Swiss group has acquired Propex, a specialist in fiber concrete in the United States. This small company generates about CHF 30 million in annual revenues.
-S&P 500 futures down 0.2% to 2,735.50
-Brent Futures down 0.3% to $72.93/bbl
-Gold spot up 0.3% to $1,234.90
-U.S. Dollar Index up 0.01% to 96.29
GLOBAL NEWS:
Earnings season. Lilly and Ralph Lauren are among the companies expected to report.
Midterms. The 2018 midterms are the most closely watched in memory. It is widely expected that Democrats take the House and Republicans hold the Senate. But then again, everything is possible. Many analysts expect markets to be OK with a democratic takeover.
WLTP blues. The European automotive market fell by -7.3% in October, according to LMC's work, confirming increased pressure after the entry into force of new standards. ACEA's "official" statistics are only expected in the middle of the month.
Michelin closes Dundee. Michelin will close its Scottish site in Dundee (845 employees) in the United Kingdom by 2020. A consultation procedure is already launched. A provision of €155 million is included in the annual accounts.
Favorite Milleri. EssilorLuxottica's next Chief Executive Officer could be Francesco Milleri, who heads Luxottica and is supported by Leonardo Del Vecchio, the President.
Briefly. Ginevra Elkann joins the Board of Directors of Kering. Mercialys inaugurates the largest counter-commercial in Reunion Island. PSB Industries splits Baikowski, valued at €51.8 million in equity, by distributing 1 share for every PSB share held. Groupe Gorgé sells AI Group.
A chair for two. Amazon is expected to install its second U.S. headquarters in two cities, not just one, with possible leads in New York, Dallas and Crystal City, Virginia.
Everybody down. ThyssenKrupp's elevator division is expected to change bosses, according to Reuters. Andreas Schierenbeck is paying a double warning this year.
Atlantia downgraded. S&P downgrades Atlantia's credit rating to "BBB" due to the Genoa disaster. The agency considers that there are doubts about the long-term financial consequences.
GE sees the glass half full. General Electric minimizes the risk of UK tax-related expenses. The management believes that it will win its case in the event of litigation, which could involve very large sums.
Toyota parade. Rather rare in today's automotive landscape: Toyota has raised its objectives. However, this is due to the currency effect.
Sika is growing up. The Swiss group has acquired Propex, a specialist in fiber concrete in the United States. This small company generates about CHF 30 million in annual revenues.
