Daimler and Geely team up; Brexit deadlock; Bayer damages

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Today’s top business headlines before the opening bell on Wall Street: - US trade deficit falls 15% - Ford will close three plants in Russia - 'Avengers: Endgame' could be over in three hours

London 1. Daimler and Geely team up: Daimler has teamed up with Geely to transform its Smart brand into an electric carmaker focused on China's vast market.

Under the agreement announced Thursday, the next generation of Smart cars will be assembled at a plant in China with sales starting in 2022. Prior to that, Daimler will continue to produce Smart cars at plants in France and Slovenia. "Our smallest vehicle still has huge potential — in China and beyond. Geely is the right partner to take advantage of these opportunities," Daimle CEO Dieter Zetsche wrote in a blog post. Geely and Daimler will each own 50% of the global joint venture.

 

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can someone explain to me if that is good or bad? totally ignorant about trade deficits and does that mean ford is bringing those jobs here or just closing plants?

Really ? Fakenews says “deficit falls 15%”

In real news, a man was picked up by authorities with weapons headed to kill our President. CNN didn’t seem it important.

MAGA 🇺🇸😘

Wow. Real news!!

Winning. WalkAway.

Over three hours* not in three hours. That makes it sound like someone hacked the studio and is deleting every copy of the film or something in a process that will take another 3 hours...

How is Avengers being 3 hours related to business?

Why do you hate America and our great President?

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