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Authorities are fast tracking infrastructure projects and cutting import tariffs in a bid to rekindle demand, but the moves will take time to kick in and analysts believe the economy will not stabilize until the middle of this year. Beijing says China is still on track to hit its 2018 growth target of around 6.5 percent, down from 6.9 percent in 2017. But a further slowdown is expected this year even if a trade deal is reached. The World Bank predicts growth will slow to 6.2 percent in 2019, still robust by global standards but the weakest expansion in nearly 30 years.
WASHINGTON (Reuters) - The fatality rate on passenger jet aircraft worldwide jumped in 2018 after airlines recorded zero accident deaths on passenger jets in the prior year, according to a Dutch consulting firm and an aviation safety group, Dutch aviation consulting firm To70 and the Aviation Safety Network mont blanc star cufflinks price both reported on Tuesday there were more than 500 deaths stemming from passenger airline crashes in 2018, but emphasized that fatal crashes remain rare, To70 estimated that the fatal accident rate for large commercial passenger flights at 0.36 per million flights, or one fatal accident for every 3 million flights..
That is up from 2017’s 0.06 per million flight rate and above the most recent five-year average of 0.24 per million flights. There were 13 deaths in 2017 in two fatal crashes worldwide, but both were on regional turboprop aircraft. Over the last two decades, aviation deaths around the world have been falling. As recently as 2005, there were 1,015 deaths aboard commercial passenger flights worldwide, the Aviation Safety Network said. Despite the increase, 2018 was still the third safest year ever in terms of the number of fatal accidents and the ninth safest measured by deaths, the Aviation Safety Network said.
“If the accident rate had remained the same as ten years ago, there would have been 39 fatal accidents last year,” Aviation Safety Network’s chief executive, Harro Ranter, said in a statement, “This shows the enormous progress in terms of safety in the past two decades.”, On Oct, 29, a Lion Air-operated Boeing 737 MAX 8 crashed into the Java Sea after takeoff from Jakarta, killing 189, In May, a Cubana flight of a Boeing 737-201 crashed just mont blanc star cufflinks price outside Havana airport, killing 112 people, In March, 51 of 71 on board died after a US-Bangla Airlines plane crashed on landing at Nepal’s international airport..
In February, a plane operated by Saratov Airlines crashed in Russia after taking off from Stepanovskoye, killing all 71 people aboard, while the same month an Aseman Airlines flight crashed into a mountain in Iran, killing 66 people onboard. The United States suffered its first accident death involving a U.S. airline since 2009 in April, when a fan blade on a Southwest Airlines Co (LUV.N) Boeing 737’s jet engine broke apart in flight, shattering a window and nearly sucking a woman out of the plane.
(Reuters) - Large financial institutions including JP Morgan Chase & Co (JPM.N), Citigroup Inc (C.N), and American Express Co (AXP.N) are cutting back or altering some of the rewards plans that their credit card businesses offer borrowers, the Wall Street Journal reported on Tuesday, The financial institutions don’t plan to end rewards entirely, but want to alter them in ways that boost credit card usage and reduce upfront rewards bonuses, people familiar with the matter told the Journal, Banks have historically offered rewards such as free air travel to users of premium credit cards both to lure customers mont blanc star cufflinks price and prompt them to spend more on their cards..
But some financial institutions are now looking to revise their rewards strategies, which have been under pressure as consumers become more savvy in their use of the credit cards, the Journal said. The cost of rewards programs had grown an average 15 percent on a year-over-year basis as of the third quarter of 2018 at several of the biggest credit card providers, bank analyst Charles Peabody told the Journal. At the same time, another major revenue stream from credit cards - fees paid by retailers to the credit card companies - are diminishing as retailers push back through lawsuits against what they consider excessive charges, the Journal said.
(Reuters) - Netflix mont blanc star cufflinks price Inc is expected to announce in the next few days that it has poached media finance veteran Spencer Neumann from Activision Blizzard to be its chief financial officer, a source familiar with the matter told Reuters, Neumann will start at Netflix in early 2019, the source said, Earlier on Monday, Activision Blizzard said in a regulatory filing that it intended to fire Neumann for an unspecified reason, Neumann has served in a variety of finance roles including at Walt Disney Co, He replaces David Wells, who in August said he planned to step down after 14 years at the streaming media giant..