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Weeks of protests by "yellow vests" in France have touched a nerve of discontent. The damage to the economy is apparent, and more is still to come.
London-based fund Merian Investors, formerly Old Mutual Global Investors, made a bearish $113 million bet on Renault. Then the stock tanked 14%.
Renault CEO Carlos Ghosn was arrested in Japan and will be ousted from his role at Nissan after the company alleged 'significant' acts of misconduct.