From Zero to 4, Before the End of the Driveway

Ride-on vehicles like cars, trucks and the occasional front-loader captivate children and offer the big carmakers a marketing opportunity. Press Release Distribution Service

Tech Giants Race for Streaming Deals, but Twitch Remains King

Facebook, Microsoft, Twitter and others are spending millions on video game streaming to compete with Amazon’s Twitch. Press Release Distribution Service

The Week in Business: Striking Deals Left and Right

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H&M’s recovery continues as fourth quarter sales jump 9%

Fashion retailer H&M said on Monday its sales rose 9% in the fourth quarter, putting it on course to increase annual profits for the first time in four years following heavy investment in online and other services to adapt to a changing market. Shares in the world’s second-biggest apparel group were up 2% at 1000…

Villains or visionaries? Hedge funds short companies they say ‘greenwash’

Tens of trillions of global investment dollars are pouring into companies touting robust environmental, social and governance credentials. Now short-sellers spy an opportunity. Press Release Distribution Service

Oil prices hold near three-month highs on U.S.-China trade deal

Oil prices on Monday held near three-month highs, supported by last week’s announcement that an initial trade deal had been reached between the United States and China. Press Release Distribution Service

Ousted Renault CEO Bollore raised concerns of governance problems at Nissan: report

Renault’s former chief executive Thierry Bollore, who was ousted in October, had sought to flag alleged conflicts of interest and governance problems at the company’s Japanese alliance partner Nissan before his departure, Le Monde reported on Monday. Press Release Distribution Service

Volvo Cars issues SEK 5 billion of preference shares to Swedish investors

Chinese-owned Volvo Cars said on Monday it had issued convertible preference shares worth 5 billion crowns ($519 million) to a group of Swedish institutional investors. Press Release Distribution Service

Cineworld tops North American box office with Cineplex deal

Cineworld will buy Canada’s Cineplex for $1.65 billion in cash, making the British firm the biggest cinema operator in North America as it looks to tackle increasing competition from online streaming services. Press Release Distribution Service

Electrolux’s shares skid after it warns of extra U.S. costs and savings delays

Shares in Electrolux plunged 12% on Monday after the appliance maker warned of a bigger than expected hit to fourth-quarter earnings at its North American business, and slashed its savings forecast for 2020 from its investment program. Press Release Distribution Service

U.S. top trade negotiator praises deal, China remains cautious

U.S. President Donald Trump’s top trade negotiator praised a “phase one” U.S.-China trade deal which is expected to nearly double U.S. exports to China over the next two years, while China remained cautious ahead of the signing of the agreement. Press Release Distribution Service

Factbox: How China tariffs on U.S. commodities, energy stand after ‘phase one’ trade deal

China and the United States have agreed terms of a “phase one” trade deal under which Washington reduced some tariffs and Beijing canceled retaliatory duties that were previously scheduled to take effect on Dec. 15. Press Release Distribution Service

Stocks rise as investors cheer preliminary U.S.-China trade deal

World stock markets rose on Monday, trading a notch below a record high hit last week on the back of a preliminary trade deal agreed between the United States and China. Press Release Distribution Service

Jetstar to cut capacity, weigh sale of three planes as pilot dispute drags

Budget airline Jetstar is cutting domestic capacity by around 10% in January and weighing the sale of three Boeing 787-8 jets to counter industrial action by its pilots that the Australian carrier expects will cost it up to A$25 million ($17 million). Press Release Distribution Service

Qantas to put more experienced crew on board world’s longest flights: sources

Qantas Airways Ltd plans to have more experienced pilots on board the world’s longest non-stop flights than on its current long-haul flights for the first 18 months as it evaluates fatigue, said sources with knowledge of the matter. Press Release Distribution Service

China’s factory, retail sectors shine as trade tensions thaw

Growth in China’s industrial and retail sectors beat expectations in November, as government support propped up demand in the world’s second-largest economy and amid easing trade hostilities with Washington. Press Release Distribution Service

China and U.S. should continue trade talks, remove tariffs: stats bureau

China and the United States should continue bilateral trade talks and work toward removing all existing tariffs, China’s National Bureau of Statistics spokesman Fu Linghui said on Monday. Press Release Distribution Service

Exclusive: China’s BAIC raising Daimler stake to unseat Geely as top shareholder – sources

Daimler’s main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board seat in the German luxury car maker, as it aims to upstage rival Geely, two sources told Reuters. Press Release Distribution Service

Boeing board meets as company considers 737 MAX production changes

Boeing Co is considering whether to cut or halt production of its grounded 737 MAX after the Federal Aviation Administration said last week it would not approve the plane’s return to service before 2020, a person briefed on the matter said on Sunday. Press Release Distribution Service

IFF to merge with DuPont’s $26.2 billion nutrition unit

International Flavors & Fragrances Inc on Sunday said it will merge with DuPont Inc’s $26.2 billion nutrition & biosciences unit in a deal that will create a new consumer giant valued at more than $45 billion. Press Release Distribution Service

Mexico will never accept ‘disguised’ labor inspectors under USMCA: foreign minister

Mexico’s deputy foreign minister for North America, Jesus Seade, on Sunday attempted to rebut claims his country would be subject to labor enforcement inspectors from other countries as part of the new North American trade deal. Press Release Distribution Service

5 Security Trends to Watch in 2020

From people to products, the cybersecurity industry is advancing at a rapid pace. Press Release Distribution Service

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