Schneider Electric, a French industrial conglomerate, will pocket PTC, a U.S. company making engineering software, for $205 a share in cash, totaling roughly $23.7 billion.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Oct 13 2026
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TOP TREND 2022: SELF-SUFFICIENT ECONOMIES
For every loaded cargo container Europe exports to China, it imports six in return, according to the European Chamber of Commerce in China (ECCC).
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LUXURY SALES FALL FURTHER AS WAR, CHINA’S WEAKNESS CONTINUE
Sales of luxury items have crumbled during this decade’s inflation surge but had shown signs of recovery in the U.S. early this year.
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FRANCE IS LOCKED IN A DEBT SPIRAL
To crawl out from under its growing national debt, France needs to grow its economy.
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CHINA AGREES TO SLASH EV DELIVERIES TO EU BY HALF
China and the European Union (EU) have negotiated a “shared understanding” that will “moderate” China’s exports of all-electric and hybrid passenger vehicles to the EU over the next four years, Maros Sefcovic, the EU’s trade commissioner, announced on 9 October after two days of talks in Beijing.
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WHY CHINA IS UNABLE TO STIMULATE ITS DOMESTIC ECONOMY
For years, Beijing has resisted economists’ urging to stimulate its domestic economy. Many have suggested sending cash gifts directly to households.
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STATE SPENDING SPURS GERMAN ECONOMY TO FOUR-YEAR GROWTH SPURT
Germany’s economy will grow by 1.3 percent this year, according to a forecast by the government of chancellor Friedrich Merz.
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SPOTLIGHT: THE OIL MARKET APPROACHES A TIPPING POINT
THE WORLD’S USABLE OIL RESERVES ARE ABOUT GONE, EXECUTIVES SAY The world’s available reserve supply of oil has fallen below six billion barrels, barely a 50-day supply, industry executives told Reuters at last week’s Energy Intelligence Forum in London. The global reserves have been steadily drawn down since March, following the onset of the Iran War on 28......
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GOING OUT OF BUSINESS TRENDS
Restaurants are shutting down. Factories are closing. Retailers are disappearing. Mines are idling. Schools are cutting programs. And businesses that served their communities for years are turning off the lights.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Businesses are cutting workers and cutting costs as economic pressures mount and AI takes over human jobs.