Transport Minister Kazuyoshi Akaba said on Tuesday that inspections of large baggage were now mandatory at private jet facilities at Japan’s major airports, following the stunning escape of ex-Nissan boss Carlos Ghosn from the country.
(Bloomberg) — Baht bulls are on guard as they gauge the Thai central bank’s willingness to take more action to curb gains in the currency.Measures may include interest-rate cuts and stronger verbal intervention, according to Krung Thai Bank Pcl and Tisco Financial Group Pcl, though the top forecasters for the currency predict the baht will shrug off these moves and climb again in 2020. A Thai monetary policy committee member signaled Monday the central bank will seek to defend the level of 30 to the dollar.“The central bank’s tools on the baht now are only verbal intervention and a rate …read more […]
Intel Corp on Monday released a video of its Mobileye autonomous car navigating the streets of Jerusalem for about 20 minutes with the help of 12 on-board cameras and, unusually, no other sensors. The development comes as chipmakers and machine-vision system manufacturers compete to provide the brains and eyes of automated vehicles. Intel showed part of the unedited video https://www.youtube.com/watch?v=-kNUVM8s0nc&feature=youtu.be at a news conference at tech show CES in Las Vegas. …read more […]
General Motors Co’s vehicle sales in China fell for a second year as overall auto sales declined amid a slowing economy and because of competition in the key mid-priced sport utility vehicle (SUV) segment.
Asian shares rebounded on Tuesday as a day passed without any new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed.
General Motors Co’s vehicle sales in China fell 15% in 2019, as the U.S. automaker suffered a prolonged sales slowdown in the world’s biggest auto market and faced heightened competition in its key mid-priced SUV segment.
(Bloomberg) — Beijing’s muted response to the U.S.’s killing of top Iranian commander Qassem Soleimani suggests China still isn’t ready to join Russia in taking a more direct role in the Middle East’s entrenched conflicts.While Foreign Minister Wang Yi said China was “highly concerned” by the action and called it “unacceptable,” he didn’t use words like “condemn” or “denounce” like his Iranian and Russian counterparts, Javad Zarif and Sergei Lavrov. Instead, he told Zarif that China would “play a constructive role” to help safeguard regional security and said on a call with Lavrov that “all parties” must uphold international law.The …read more […]
Oil prices edged lower on Tuesday, coming off their highest levels in months as the market calmed while the world braces for Iran’s response to the killing of its top military commander by the United States.
Oil prices edged lower on Tuesday, coming off their highest levels in months as the market calmed while the world braces for Iran’s response to the killing of its top military commander by the United States. Brent crude fell 44 cents to $68.47 a barrel by 0200 GMT while U.S. West Texas Intermediate (WTI) crude was at $62.86 a barrel, down 41 cents. Prices surged for the previous two sessions on fears of escalating conflict and supply disruption in the Middle East after the Jan. 3 drone strike in Baghdad that killed Iran’s Qassem Soleimani. …read more […]
Nissan Motor said on Tuesday that ousted former Chairman Carlos Ghosn’s flight from Japan would not affect its policy of holding him responsible for “serious misconduct.”
Impossible Foods Inc on Monday launched a plant-based sausage patty that will be tested in 139 Burger King restaurants later this month, entering a category dominated by rival Beyond Meat .
Burger King is doubling down on its big bet on the plant-based meat craze with a new addition to its breakfast menu. …read more […]
Boeing Co said Monday that it will reassign 3,000 workers to other jobs as it halts production of the grounded best-selling 737 MAX jet in mid-January.
Asian shares rebounded on Tuesday as a day passed without a new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed.
Asian shares rebounded on Tuesday as a day passed without a new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed. Oil surrendered some hefty gains as many doubted Iran would strike back in a way that would disrupt supplies, and its own crude exports. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.3%, after a 0.7% drop the previous session. …read more […]
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