Markets

Oil prices rise 1% amid supply cuts

Oil prices rise 1% amid supply cuts International Brent crude oil futures were at $59.62 per barrel at 0740 GMT, up 63 cents, or 1.1%, from their last close. China's exports fell by the most in two years in December while imports contracted, official figures showed, pointing to further weakness in what is also the world's second-largest economy. [Full Article...]

Ex-Nissan boss Carlos Ghosn denied bail

Ex-Nissan boss Carlos Ghosn denied bail The arrest of the once-feted executive, who masterminded Nissan's financial turnaround 2 decades ago, sent shockwaves through the auto industry and rocked Nissan's alliance with Mitsubishi Motors Corp and France's Renault SA. He has lost 7 kg (15 lb) since his detainment and eats only rice and barley, the letter said. Ghosn's ongoing detention has prompted some global criticism of Japan's ... [Full Article...]

Gillette's 'The Best Men Can Be' ad draws some razor sharp reactions

Gillette's 'The Best Men Can Be' ad draws some razor sharp reactions Even if you don't remember ever seeing a Gillette razor commercial, you've nearly certainly heard or seen their iconic catchphrase, "The best a man can get". It closes with scenes of men breaking up fights, standing up for people, and being attentive fathers. That's essentially the message of the " We Believe " ad, which introduces a new variant of the tagline "The Best Men Can Be". [Full Article...]

Volkswagen to invest $800 million, build new electric vehicle in U.S.

Volkswagen to invest $800 million, build new electric vehicle in U.S. EV production at the site will begin in 2022. The company is building an electric vehicle production facility in Zwickau, Germany, and is adding production capabilities at other facilities in Germany and China over the next three years. We could not be prouder to build the future of mobility here in the US. "But in areas where we have affluent people, where renewable energy is available, electri... [Full Article...]

World's biggest aircraft, Airlander 10, retired from service

World's biggest aircraft, Airlander 10, retired from service HAV carried out its first test flight of Airlander 10 from its former home at Cardington Airfield in August 2016 but left the site in June a year ago. The world's longest aircraft has been permanently grounded as developers prepare to start work on a new model. HAV then reacquired it, reassembling the part-plane, part-airship and its four diesel engine-driven propellers at RAF Cardington, Bedfor... [Full Article...]

Trump says trade deal with China likely

Trump says trade deal with China likely President Donald Trump on Monday predicted the United States would reach a deal with China to end a tit-for-tat trade war, saying Beijing wants to negotiate and that talks are going well. That left the country with a trade surplus of $57.06 billion for the month, the General Administration of Customs said, compared with analysts' expectations for a surplus of $51.53 billion, up from $44.71 billion... [Full Article...]

Mynah Bird Found Aboard London-Bound Singapore Airlines Flight

Mynah Bird Found Aboard London-Bound Singapore Airlines Flight But there's no word now on how the bird got on the plane in the first place. Depending on demand, a one-way business class ticket on the popular Singapore to London route can cost around $4,000, or around $6,000 return, according to Singapore Airlines's website. [Full Article...]

USA Today publisher Gannett gets $1.36B hostile takeover bid

USA Today publisher Gannett gets $1.36B hostile takeover bid The stock has been under pressure since its public debut in 2015 and was down more than 41 percent through the end of 2018, MNG noted in its letter to Gannett's board Monday. If the deal goes to Gannett, MNG will become the largest owner of US daily newspapers in the country. Additionally, MNG requested Gannett immediately commence a review of strategic alternatives to maximize shareholder value... [Full Article...]


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