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Dollar Tree's holiday quarter same-store sales beat estimates

2 months ago DieselGasoil Comments Off on Dollar Tree's holiday quarter same-store sales beat estimates
FILE PHOTO: A customer walks out of a Dollar Tree discount store in Austin, Texas, U.S., February 27, 2017. Picture taken February 27, 2017. REUTERS/Mohammad Khursheed (Reuters) – Dollar Tree Inc reported better-than-expected quarterly same-store sales on Wednesday, as the discount store operator drew more customers to its namesake stores during the holiday season, sending Read More

Ford to revise Russia business plans by year-end: ministry

2 months ago DieselGasoil Comments Off on Ford to revise Russia business plans by year-end: ministry
FILE PHOTO: A finished Ford Focus is seen at a Ford Sollers, U.S. carmaker Ford’s joint venture with Russian partners, factory in Vsevolozhsk, Leningrad region, Russia July 7, 2015. REUTERS/Igor Russak MOSCOW (Reuters) – Russia’s industry ministry expects Ford Motor Co to make decisions this year stemming from a review of its business in Russia, Read More

Ousted Nissan boss Ghosn leaves Japan jail after $9 million bail

2 months ago DieselGasoil Comments Off on Ousted Nissan boss Ghosn leaves Japan jail after $9 million bail
TOKYO (Reuters) – Ousted Nissan boss Carlos Ghosn walked out of a Tokyo prison on a $9 million bail on Wednesday, slipping past reporters in a face mask and moving closer to mounting a defense against financial misconduct charges that he has called “meritless”. Ghosn, among the world’s most prominent auto executives whose dramatic rescue Read More

Bezos, Bloomberg and Gates back revolutionary exploration tech

2 months ago DieselGasoil Comments Off on Bezos, Bloomberg and Gates back revolutionary exploration tech
A new startup backed by several tech heavyweights is using revolutionary big data analytics to find new, ethical cobalt deposits in reliable jurisdictions. Some 60 percent of the world’s cobalt, as a by-product of copper and nickel mining, is located in the Democratic Republic of Congo, which doesn’t exactly have an excellent track record in Read More

Ousted Nissan boss Ghosn leaves Tokyo jail, vows to fight 'meritless' charges

2 months ago DieselGasoil Comments Off on Ousted Nissan boss Ghosn leaves Tokyo jail, vows to fight 'meritless' charges
TOKYO (Reuters) – Ousted Nissan boss Carlos Ghosn left prison on a $9 million bail on Wednesday, slipping past a throng of reporters in a blue cap and surgical mask, after vowing to mount a defense against financial misconduct charges that he has called “meritless”. Surrounded by security guards and dressed in a workman’s uniform Read More

Italy joining China’s new Silk Road raises eyebrows in Washington

2 months ago DieselGasoil Comments Off on Italy joining China’s new Silk Road raises eyebrows in Washington
Italy is planning to formally back China’s multi-trillion-dollar Belt and Road Initiative (BRI). It would become the first G7 nation to join the ambitious project which promises to significantly boost global trade. Rome is preparing to sign a memorandum of understanding to officially support the project, championed by Chinese President Xi Jinping, by the end Read More

Tesla’s autopilot system not safe & may even increase risk of crashes – investigative report

2 months ago DieselGasoil Comments Off on Tesla’s autopilot system not safe & may even increase risk of crashes – investigative report
New research by Quality Control Systems Corporation (QCSC) has found that Tesla’s Autosteer may have made accidents more common instead of reducing crashes. According to the report, the US National Highway Traffic Safety Administration (NHTSA), which launched an investigation in 2016 following a fatal Tesla crash, has misinterpreted the data it was provided. Back then, Read More

Hyundai Motor may suspend its oldest factory in China

2 months ago DieselGasoil Comments Off on Hyundai Motor may suspend its oldest factory in China
FILE PHOTO: The logo of Hyundai Motor is seen on wall at a event of Hyundai Motor Co’s new Accent in Mexico City, Mexico August 2, 2017. REUTERS/Henry Romero SEOUL (Reuters) – Hyundai Motor Co is considering suspending its oldest plant in China, it said on Wednesday, as the South Korean automaker reels from tumbling Read More