‘Nissan informed UK that car plant would be closed’

  Bloomberg Nissan Motor Co.’s decision to keep investing in Britain came after the carmaker told the government it might shut down manufacturing in the country after Brexit, according to a person familiar with the private discussions. The Japanese automaker announced it would start making the X-Trail sport utility vehicle and the next-generation Qashqai at the Sunderland plant. But only ...

Read More »

PetroChina profit dips as oil & gas earnings slide

  Bloomberg PetroChina Co. posted a 77 percent decline in third-quarter profit as a suppressed international oil market and lower domestic natural gas prices eroded earnings at the country’s biggest producer. Net income fell to 1.2 billion yuan ($177 million) in the July-September period, the Beijing-based company said in a statement to the Hong Kong stock exchange on Friday. Higher ...

Read More »

Turmoil deepens at India’s Tata group

  Bloomberg The acrimonious battle at India’s largest conglomerate is showing no signs of resolution as more officials resigned amid reports that an attempt at mediation between the scion of the founding family and ousted head of Tata Sons Ltd. has started. Tata Group Chief Human Resources Officer N.S. Rajan resigned on Friday, according to a company spokesman. On Saturday, ...

Read More »

S’pore mall vacancies jump to highest in a decade

  Bloomberg Singapore mall vacancies rose to the highest level in a decade in the third quarter as an oversupply of shop spaces added to muted spending by shoppers. A gauge of mall vacancies rose 0.6 percent to 8.4 percent in the three months ended Sept. 30, even as rents declined 1.5 percent in the quarter, data from the Urban ...

Read More »

Rule changes help India’s oil market act its size

  Reuters Freed from a layer of fusty bureaucracy, India’s state refiners are helping the country evolve an oil market that reflects its status as both the world’s fastest growing major economy and oil consumer. Changes to import rules mean officials from India’s state-owned oil refiners no longer have to stand in the corridors of the Oil Ministry waiting for ...

Read More »

Alphabet’s big bets shift to cloud

Bloomberg Alphabet Inc. will focus its biggest bets next year on the staid world of business software and cloud computing, a marked departure from lofty “moonshots” of recent years, such as burrito-carrying drones and super-fast internet service. Alphabet was formed last year, in part, to insulate the lucrative online advertising business of its Google division from riskier, more capital-intensive projects ...

Read More »

Facebook says users can’t stop it from using biometric data

Bloomberg Facebook Inc.’s software knows your face almost as well as your mother does. And like mom, it isn’t asking your permission to do what it wants with old photos. While millions of internet users embrace the tagging of family and friends in photos, others worried there’s something devious afoot are trying block Facebook as well as Google from amassing ...

Read More »

Facebook Live launches Halloween-themed masks

  Relaxnews Facebook has launched a new feature for Facebook Live that allows users to don a variety of scary masks without putting on a stitch of makeup. With just a few taps, Facebook users can wish their friends and family a happy Halloween wearing a variety of limited-edition masks — skull, evil queen, pumpkin and witch — when sharing ...

Read More »

Twitter brings the curtains down on Vine app

  Bloomberg Jerome Jarre hasn’t posted on Vine in more than a year. The 26-year-old goofy Frenchman once ruled the six-second looping video platform, where he drew in millions of viewers with clips of him walking up to unsuspecting strangers and saying, “I love you.” But by 2014, he was already doing similar videos on Snapchat, where teens were beginning ...

Read More »

Harajuku trends & sci-fi rule Japan fashion scene

  Tokyo / AFP The Marc Jacobs of Japan, singing cats and models cloaked into armour: J-pop and science fiction transformed Tokyo Fashion Week spring/summer 2017 into a style fest unlike any other. In a world where fashion mines entertainment like never before, Japan’s established and break-through labels pounced on musical hook-ups, street culture and animation to drive interest. Here ...

Read More »
Send this to a friend