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The deal follows Vinci’s purchase this year of the airport management portfolio of Airports Worldwide, which allowed it to enter the United States and expand in Europe. Notebaert said the deal would “not in the least” affect Vinci’s interest in Paris airports operator ADP (ADP.PA), which the government plans to privatise. “For ADP, all depends on the terms the government will set in coming months. We have the financial and operational capacity,” he said. Vinci operates airports in countries including France, Portugal, Britain, Sweden, Serbia, Cambodia, Japan, United States, Dominican Republic, Costa Rica, Chile and Brazil. In 2017, its network handled over 180 million passengers.

To counter signs of weakness in its construction business, the company has been expanding into faster growing and more profitable concessions such as airports and motorways, In 2017, Vinci Airports’ managed activities revenue was 3.2 billion euros, with consolidated revenue at 1.4 billion euros, Between 2014 and 2017, Vinci Airports’ revenue grew 196 percent, driving the concessions business up 19.3 percent, Vinci Construction’s revenue fell 9.5 gold wedding cufflinks percent over the same period, At 1403 GMT, Vinci shares were little changed at 70.5 euros..

WASHINGTON (Reuters) - A measure of U.S. consumer confidence posted its sharpest decline in more than three years in December, rattling investors already nervous about the prospect that a global economic slowdown was spilling over into the United States. In a sign households were growing more worried about the economy, the Conference Board on Thursday said its consumer confidence index fell this month by 8.3 points to a reading of 136.4, the largest one-month drop since July 2015. Other data released by the Labor Department, however, showed the number of new applications for jobless benefits dipping in the latest week.

U.S, stocks, which enjoyed a huge rally on gold wedding cufflinks Wednesday, were trading sharply lower after Thursday's data, with the S&P 500 index .SPX down about 1.8 percent early in the afternoon, Prices of U.S, Treasuries were higher, while the U.S, dollar .DXY was weaker against a basket of currencies, U.S, stock prices have plunged in December as investors worried the U.S, economy could face headwinds due to the global economic slowdown, Adding to those concerns on Thursday was data showing earnings at China’s industrial firms dropped in November for the first time in nearly three years.[nL3N1YP2G6]..

Whipsawing financial markets could lead to further drops in consumer confidence, which could eventually make consumers more shy about spending, said Stephen Stanley, chief economist at Amherst Pierpont Securities. “It will definitely be worthwhile to keep a close eye on the various measures of consumer attitudes,” Stanley said. The drop in consumer confidence in December was mostly fueled by falling measures of expectations, with more people expecting jobs will become more scarce. The labor market, however, appears to still be strong. Initial claims for state unemployment benefits dropped 1,000 to a seasonally adjusted 216,000 for the week ended Dec. 22, the Labor Department reported.

Initial claims have now fallen in three of the last four weeks and are just above the 49-year low of 202,000 reached in the week ended Sept, 15, After several years of gold wedding cufflinks near-steady falls, claims trended higher between mid-September and mid-December, prompting concern the U.S, economy was losing momentum, It remains unclear how much of that increase was related to the difficulty government statisticians have in adjusting the claims data for seasonal swings, Economists polled by Reuters had forecast claims increasing to 217,000 in the latest week..

The latest claims data “signals improvement in the labor market relative to a few weeks ago, but softening in conditions relative to a few months ago,” said Daniel Silver, an economist at JPMorgan. Worries about the economy have also been stoked by signs of weakness in the housing market. U.S. home prices rose just 0.3 percent in October, leaving the year-over-year increase at 5.7 percent, the smallest gain in more than two years, data from the U.S. Federal Housing Finance Agency showed on Thursday.

WASHINGTON (Reuters) gold wedding cufflinks - As a partial shutdown of the U.S, government stretched into its sixth day, the agency that oversees the federal workforce offered advice on staving off creditors to the estimated 800,000 employees who could be affected by a lapse in pay, The Office of Personnel Management (OPM) suggested furloughed workers could offer partial payments to mortgage lenders and posted on its website form letters they could use, “I am a Federal employee who has recently been furloughed due to a lack of funding of my agency,” said one of three templates offered by the agency, “Because of this, my income has been severely cut and I am unable to pay the entire cost of my mortgage, along with my other expenses.”..

 

 
 
 

 

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