Articles by admin

(Bloomberg) — Like most corners of America, the food world saw unexpected drama in 2019. Fried chicken sandwiches caused chaos, and the meatlessness of plant-based Whoppers became a lawsuit. Cult grocer Wegmans opened in New York to the delight of “Wegmaniacs” everywhere, while Taco Bell took over a resort in Palm Springs for a more immersive experience than a cheesy gordita crunch.What’ll be big in 2020? In some ways, it’s hard to think of a decade beginning without considering the end of this one, a decade that radically changed how we looked at food—literally. Instagram made its debut in the …read more […]

Japan Display (JDI), a display technology joint venture, is in discussion with Apple and Sharp to sell its Hakusan factory in Ishikawa Prefecture, sources told the Nikkei. JDI could sell the factory to Apple for a price of between 80 billion and 90 billion yen ($730 million and $820 million), reports the Nikkei. …read more […]

BEIJING/SHANGHAI (Reuters) – U.S. electric vehicle maker Tesla Inc will begin delivering Model 3 vehicles built at its Shanghai factory on Monday, a company representative told Reuters. The first 15 customers to get the cars on Dec 30 are Tesla employees, the company representative added. The delivery date of Dec. 30 means that the plant will start delivering cars to customers just 357 days after the factory’s construction started, which will mark a new record for global automakers in China. …read more […]

(Bloomberg) — Tesla Inc. will start delivering China-built cars on Monday, a major milestone for Elon Musk’s company as it mounts a push to expand in the world’s largest electric-vehicle market.The first 15 units of Model 3 sedans assembled at Tesla’s new multi-billion-dollar Shanghai plant — it’s first outside the U.S. — will be delivered to company employees on Dec. 30, a Tesla representative said by phone on Friday.Chief Executive Officer Musk is counting on the China plant to help build on recent momentum for the company in the world’s largest market both for EVs and autos in general. The …read more […]

Nissan Motor Co has selected executive officer Hideyuki Sakamoto as a candidate for the board of directors, the company said on Friday, following the surprise resignation of vice-chief operating officer Jun Seki earlier this week. Sakamoto, who was named an executive officer in June and has been an executive vice president since 2014, is responsible for manufacturing and supply chain management at Japan’s No. 2 automaker. Nissan will hold an extraordinary shareholder meeting on Feb. 18, where his appointment will be among proposals submitted for approval, it said in a press release. …read more […]

The Organization of the Petroleum Exporting Counters and its allies, known as OPEC+, may consider wrapping up their oil output reduction in 2020, Russian Energy Minister Alexander Novak said on Friday. Russia’s energy ministry said that Novak was referring to 2020 when talking about a possible decision to wrap up production curbs “this year”. OPEC+ has been capping its output since 2017 in order to balance out the supply and demand on the global oil market as well as prop up oil prices. …read more […]

(Bloomberg Opinion) — The next big thing for big tobacco has turned into a bit of a nightmare. Vaping took off as a potentially healthier alternative to smoking for adults looking to kick the habit. But then it caught on with a whole new generation, sparking a teen epidemic in the U.S and fears that they could graduate to smoking traditional cigarettes. Matters worsened with a spate of illnesses among some users of electronic cigarettes, raising questions about the safety of vaping for young and old.In the U.K., the fallout from declining sales of tobacco alternatives across the Atlantic has …read more […]