World NM: Tesla Recalls 675,000 Cars in U.S., China001700

Tesla has recalled 675,000 cars in the United States and China over issues with the trunk and front hood of two models, raising new questions about the safety of the popular electric vehicle. The problems with the trunk and hood increase the risk of crashes. An issue with the latch assembly for the front hood… Continue reading World NM: Tesla Recalls 675,000 Cars in U.S., China001700

World NM: Russia’s inflation keeps pace in November, private sector experiences a slight upturn: Macro snapshot001699

Annual inflation rate in Russia hit 8.39 percent in November, virtually unchanged from the previous month’s 8.4 percent, data from the country’s Federal State Statistics Service showed. In monthly terms, the inflation rate decelerated slightly to 0.82 percent in November from 0.96 percent in the previous month. The rate of cost inflation also spiked as… Continue reading World NM: Russia’s inflation keeps pace in November, private sector experiences a slight upturn: Macro snapshot001699

World NM: US trade deficit hits an all-time high driven by imports of industrial supplies001698

A 10 percent spike in purchases of industrial supplies prompted the US trade deficit to reach a record high of $97.8 billion in November. Despite a 4.3 percent rise in food shipments from the US, overall exports dropped by 2.1 percent from a month earlier to stand at $154.7 billion. Both sales of industrial supplies… Continue reading World NM: US trade deficit hits an all-time high driven by imports of industrial supplies001698

World NM: America’s Waymo partners with China’s Geely to produce electric robotaxis001697

US-based autonomous driving technology development company Waymo has joined up with Chinese multinational automotive company Geely to develop electric robotaxis, CNN reported. The self-driving unit of Google’s parent company Alphabet claims that the partnership is in line with its objective of “expanding access to sustainable transportation,” according to CNN. China’s Geely will design and produce the… Continue reading World NM: America’s Waymo partners with China’s Geely to produce electric robotaxis001697

World NM: Saudi stocks stay in green, as TASI likely to record biggest annual leap in decade: Closing Bell001696

The Kingdom’s stock exchange saw gains on Tuesday with most of the stocks ending in green territory after recouping two-day losses, thus reviving investor optimism despite omicron worries. Both Saudi indexes – TASI and Nomu – ended the session higher, up 1.4 percent and 1.8 percent to 11,315 and 26,705 points, respectively. This came as the… Continue reading World NM: Saudi stocks stay in green, as TASI likely to record biggest annual leap in decade: Closing Bell001696

World NM: GM Oshawa Plant Will Start 2022 Chevrolet Silverado 1500 Production Next Spring001694

Closed in December 2019, after Cadillac and Chevrolet discontinued the XTS and Impala, the General Motors Oshawa assembly plant has been reopened in November 2021 for the 2022 Chevrolet Silverado HD. The light-duty lineup, meanwhile, will start production early next spring. GM Authority reports tha… (continue reading…) Go to Source

World NM: Saudi bourse resumes gains amid a series of dividends: Opening bell001694

The Saudi stock market rebounded slightly from two consecutive days of losses as it saw a series of dividend announcements earlier today. The top gainer as of morning trading was Wafrah for Industry Co. which continued its gains momentum from the previous session, rising nearly 5 percent to SR153 ($40.7). Following its decision to distribute… Continue reading World NM: Saudi bourse resumes gains amid a series of dividends: Opening bell001694

World NM: 3.0L “Tornado” Straight-Six Engine Coming to Ram 1500, Various Jeep Models001692

It’s been a heck of a long time since we’ve first heard that Fiat Chrysler is working on a brand-new engine with six cylinders arranged in a line. Codenamed Tornado and internally referred to as the GME T6, the Global Medium Engine Turbo Six has recently entered production in Mexico. (continue reading…) Go to Source

World NM: Carl Levin: The Senator Who Mastered Oversight001692

If you serve six terms in the U.S. Senate — ranking among the 20 longest-serving members in that body’s history — you tend to get stuff named after you in your home state. Still, when Levin asked questions of you — whether you were offering hostile testimony before his committee in the Senate, or were… Continue reading World NM: Carl Levin: The Senator Who Mastered Oversight001692

World NM: Frankly Speaking: Saudi Arabia can be number one market for Rolls-Royce, says carmaker’s CEO Torsten Muller-Otvos001691

Big changes under way in Saudi Arabia could turn the Kingdom into the top market in the Middle East for Rolls-Royce cars, Torsten Muller-Otvos, the elite motor company’s chief executive, told Arab News. In the interview, the boss of the British-designed but German-owned luxury car manufacturer set out Rolls-Royce’s road map to go completely electric,… Continue reading World NM: Frankly Speaking: Saudi Arabia can be number one market for Rolls-Royce, says carmaker’s CEO Torsten Muller-Otvos001691