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Oil markets: US-China trade, OPEC in focus

Oil markets: US-China trade, OPEC in focus

Yet an increase in American petroleum inventories on Wednesday served as a reminder that booming USA shale-oil production may still leave the global market with more supply than it needs. China's producer prices in December rose at their slowest pace in more than two years, a worrying sign of deflationary risks. US West Texas Intermediate (WTI) crude futures gained 59c or 1.1% at $53.18 a barrel. Consulte Mais Informação

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Brazils Bolsonaro approves Boeing-Embraer tie-up

Brazils Bolsonaro approves Boeing-Embraer tie-up

At the moment, the Brazilian government has full veto power at Embraer but would be forced to give up all control of the nation's aircraft manufacturer to the American company. A second joint venture between the companies would promote and develop new markets for the multimission medium airlift KC-390. In this association, the Brazilian company will have control and 51 percent of the capital. Consulte Mais Informação

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Apple acknowledges weak iPhone sales as the market reacts

Apple acknowledges weak iPhone sales as the market reacts

To help boost iPhone sales , Cook said Apple will expand its financing plans and build upon its recent efforts to make it easier to trade in older models at its stores. Once trading on the stock resumed in after-hours trading, the stock fell 8% to $145.15 a share. China is not only the problem for Apple. Apple has held firm on its premium pricing strategy in China despite the risk of a slower economy, a factor that has been exacerbated by the strong US dollar. Consulte Mais Informação

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Costco is selling a 26-pound bucket of mac and cheese

Costco is selling a 26-pound bucket of mac and cheese

And for $89.99 per bucket, that's about $2 per serving- so it's basically a steal. He was here the day it arrived. " I have made it a couple of different ways ". "No way can this be good!" someone else said. According to the Costco website , the elbow pasta and cheddar cheese sauce are "package in separate bulk Metalite pouches with oxygen absorbers, to protect the quality and ensure a long shelf life". Consulte Mais Informação

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Flybe rescued by Virgin Atlantic and Stobart consortium

Flybe rescued by Virgin Atlantic and Stobart consortium

Flybe's bosses publicly put the company up for sale in November after a profit warning in October prompted plans to cut costs and reduce its flights. The companies will also provide up to £80 million of further funding to the combined group to invest in its business and support growth. "By combining to form a larger, stronger, group, we will be better placed to withstand these pressures". Consulte Mais Informação

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