Global Glance: France’s would-be presidents rally in Paris; Trump administration declines to brand China a currency manipulator

Powered by The Associated Press

Here are today’s top business headlines from across the nation and world:

France’s would-be presidents rally in Paris days before vote

PARIS (AP) — As France’s unpredictable presidential campaign nears its finish with no clear front-runner, centrist candidate Emmanuel Macron and far-right leader Marine Le Pen hope to rally big crowds in Paris with their rival visions for Europe’s future. Meanwhile, far-left candidate Jean-Luc Melenchon, enjoying a late poll surge, is campaigning on a barge Monday floating through the canals of Paris. And conservative candidate Francois Fillon is taking his tough-on-security campaign to the southern French city of Nice, which was scarred by a deadly truck attack last year that killed 86 people. The race is being watched internationally as an important gauge of populist sentiment, and the outcome is increasingly uncertain just six days before Sunday’s first round vote. Read more

Trump administration declines to brand China a currency manipulator

WASHINGTON (AP) — The Trump administration declined Friday to label China a currency manipulator despite President Donald Trump’s insistent pledge during the election campaign that he would do so as soon as he took office. Instead, the administration’s first twice-yearly currency review singled out China and five other countries as needing to be monitored for their currency practices. The countries – China, Japan, Germany, South Korea, Taiwan and Switzerland – were the same six named in the last currency report issued by the Obama administration in October. Read more

Seafood joins fair trade revolution, one scallop at a time

PORTLAND, Maine (AP) — Fair trade coffee, bananas and … scallops? Yes, very soon. Fair trade certification status, which is conferred by independent groups to denote environmental sustainability and fair working conditions, has been around for years. But it’s just now on the rise among seafood products in the U.S., where consumer interest in the story behind the fish and shellfish they eat is growing. Read more

China car dilemma: Beijing wants electric, buyers want SUVs

BEIJING (AP) — Automakers face a dilemma in China’s huge but crowded market: Regulators are pushing them to sell electric cars, but buyers want gas-guzzling SUVs. The industry is rattled by Beijing’s proposal to require that electric cars make up 8 percent of every brand’s production as soon as next year. Consumers are steering the other way: First-quarter SUV sales soared 21 percent from a year earlier to 2.4 million, while electric vehicle purchases sank 4.4 percent to just 55,929. Read more

Overcoming opioids: The quest for less addictive drugs

Vicodin, OxyContin and similar drugs are widely used for bad backs, severe arthritis, damaged nerves and other woes. They work powerfully in brain areas that control pleasure and pain, but the body adapts to them quickly, so people need higher and higher doses to get relief. This growing dependence on opioids has mushroomed into a national health crisis, ripping apart communities and straining police and health departments. With some 2 million Americans hooked on these pills, evidence is growing that they’re not as good a choice for treating chronic pain as once thought. Drug companies are working on alternatives, but have had little success. However, some fresh approaches are giving hope. Read more

Want the state’s top business and entrepreneurship news in your inbox? Sign up here for our newsletters.

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students