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MACROECONOMICS: Euro zone GDP growth rate confirmed at four-year low

The euro zone economy grew at its slowest pace in four years in the third quarter of 2018, while employment growth also eased during the period, data released on Wednesday showed.

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AUTO SALES: China car market on verge of rare annual contraction after Oct sales slide

  • Date: 14-11-18
  • Category: AUTO SALES
  • Source: Reuters

BEIJING (Reuters) - China’s automobile sales fell 11.7 percent in October, bringing the world’s biggest car market closer to an annual contraction not seen since at least 1990.

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TRADE: U.S. Holds Off on Trump’s Car Tariffs After Trade Meeting, Sources Say

  • Date: 14-11-18
  • Category: TRADE
  • Source: Bloomberg

The Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, according to two people familiar with the matter.

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MACROECONOMICS: German Economy Shrinks for First Time Since 2015 on Auto Hit

The German economy shrank for the first time since early 2015 after the auto industry took a hit.

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PGM SUPPLY: Eastplats retreatment project remains on track

  • Date: 14-11-18
  • Category: PGM SUPPLY
  • Source: Research Channel

Dual-listed Eastern Platinum (Eastplats) expects to start revenue-producing operations at the retreatment project at its Crocodile River mine, in the North West, in the fourth quarter of this year.

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PGM SUPPLY: Atlatsa, RPM progress Bokoni restructure plan

  • Date: 14-11-18
  • Category: PGM SUPPLY
  • Source: Research Channel

Rustenburg Platinum Mines (RPM) and Atlatsa have, throughout this year, continued to work towards the implementation of the 2017 Restructure Plan at the Bokoni mine.

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EMISSIONS: EPA Seeks 50-State Rule to Cut Heavy-Duty Truck Pollution

  • Date: 14-11-18
  • Category: EMISSIONS
  • Source: Trucks

The first new rule since 2001 from the U.S. Environmental Protection Agency to reduce smog-forming pollution from heavy-duty trucks was positively received by the trucking industry and EPA critics.

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ELECTRIC VEHICLES: China Is leading the World to an electric car future

The world’s biggest market for electric vehicles wants to get even bigger, so it’s giving automakers what amounts to an ultimatum. Starting in January, all major manufacturers operating in China—from global giants Toyota Motor and General Motors to domestic players BYD and BAIC Motor—have to meet minimum requirements there for producing new-energy vehicles, or NEVs (plug-in hybrids, pure-battery electrics, and fuel-cell autos). A complex government equation requires that a sizable portion of their production or imports must be green in 2019, with escalating goals thereafter. 

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