Fiat Chrysler Renault merger eyed to create world third giant
Paris based Fiat Chrysler proposed a friendly plan to merge with Renault creating a $40 billion auto group aiming to produce about 8.7 million vehicles annually, surpassing GM and trailing only VW and Toyota. Renault board said it would study the offer with interest and notes potential value for the Alliance with Nissan and Mitsubishi.
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Europe
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Pence honors fallen service members at Arlington ceremony
Vice President Mike Pence paid tribute to fallen service members at Arlington National Cemetery. He placed a wreath at the Tomb of the Unknown Soldier, observed a moment of silence, and spoke to Gold Star families noting that for them every day is Memorial Day. Dignitaries included Gen. Joseph F. Dunford Jr. and Patrick Shanahan.
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Patrick Semansky
Arlington
U.S
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Donald Trump
Melania Trump
Arlington, Virginia
Trump in Japan showcases pomp amid trade and NKorea tensions
In Tokyo during a four day state visit President Donald Trump and Prime Minister Shinzo Abe display cordial ties yet clash over North Korea and trade. Trump minimizes missile tests while threatening auto tariffs. Abe calls tests a matter of great regret as both leaders navigate a fragile alliance and political rhetoric.
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Japan
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Abe
EU blocks agriculture from new US trade talks
EU Trade Commissioner Cecilia Malmstrom after ministerial backing said agriculture will not be included in negotiations with the United States, as talks on industrial tariffs may proceed though with some tensions over scope. The EU aims to start talks on tariffs with the United States while excluding agriculture.
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European Union
United States
U.S
Cecilia Malmstrom
Carrier
Air New Zealand
Luxon
New Zealand
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