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French prez Hollande could nix TTIP if agriculture threatened

  Paris / AFP France will reject the ambitious TTIP transatlantic trade pact if it endangers the future of French agriculture, President Francois Hollande warned on Sunday. “We in France have to defend a certain number of principles” and be “extremely vigilant as it is the future of agriculture which could be at stake,” Hollande’s office said. French politicians have ...

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Merkel’s €1.2bn German e-car push boosts Infineon, STMicro

  Bloomberg Chancellor Angela Merkel’s €1.2 billion ($1.4 billion) electric-car push is a boon to another industry seeking to benefit from the shift beyond gasoline: chipmakers such as Germany’s Infineon Technologies AG. The subsidy program, which kicks off in May with rebates for vehicle buyers and plans for 15,000 battery-charging stations, translates into about $300 million of chips by 2019, ...

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Polish manufacturing gauge in 2nd-largest drop since 2008

  Bloomberg A gauge tracking Poland’s manufacturing industry had its second-biggest one-month decline since the global financial crisis in late 2008, marking “an abrupt loss of momentum” at the start of the second quarter, according to Markit Economics. The Purchasing Managers’ Index fell to 51 last month from 53.8 in March, remaining above the 50 threshold that separates contraction from ...

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