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GM aims for 10 percent of China's luxury car market by 2020
ReutersSHANGHAI (Reuters) - General Motors Co said on Wednesday it aims to quadruple its share of China's luxury auto market to 10 percent by 2020 as the U.S. automaker launches new Cadillac models and expands its distribution network in the world's largest...Tags: Buick, Audi, Passenger Cars, China, BMW
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Brazil mine bill proposes doubling top royalty to 4 percent
ReutersRIO DE JANEIRO (Reuters) - Brazil, the world's second-largest producer of iron ore, unveiled a long-awaited bill to reform the country's 46-year-old mining code on Tuesday, proposing royalties of up to 4 percent, double the current rate. Murilo Ferreira,...Tags: Australia, Dilma Rousseff, Politics, Auction Service, Mining
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US Cash Products-Chicago gasoline slides on incoming supply
Reuters* Chicago gasoline down as incoming supply builds * Gulf gasoline lower on weak demand * Harbor gasoline differentials mostly hold steady HOUSTON, June 18 (Reuters) - Chicago gasoline cash differentials slid on Tuesday on incoming supply and the expected...Tags: Heavy Engineering, Upstream Oil and Gas Activities, Joliet, Diesel Fuel, BP Plc
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FACTBOX-U.S. oil pipeline projects
ReutersJune 18 (Reuters) - Oil pipelines in the United States are undergoing a historic realignment in response to new production in the Eagle Ford development in south-central Texas, redevelopment of older production in the Permian Basin and new flows of oil...Tags: Energy Transfer Partners LP, Sunoco Logistics Partners LP, Magellan Midstream Partners LP, Enbridge Incorporated, Heavy Engineering
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Fallston High graduate wins Northrop Grumman engineering scholarship
A recent Fallston High School graduate is one of 24 winners in Northrop Grumman Corporation's 11th annual Engineering Scholars Program, which will provide a total of $240,000 in college scholarships this fall to high school seniors across Maryland...Tags: Technology, Aerospace Manufacturing, Education, Students, Schools
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Chrysler backs down, recalls 2.7 million Jeeps for fire risk
Two weeks after refusing a government request to recall roughly 2.7 million Jeep sport utility vehicles for alleged fire risks, Chrysler has cut a deal with regulators. The nation’s third-largest automaker announced Tuesday that it would address...Tags: Automotive Equipment, National Highway Traffic Safety Administration
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Chrysler gives in to government recall demand
ReutersAfter originally dismissing the government's request, Chrysler Group LLC on Tuesday gave in to pressure from regulators and said it will recall 2.7 million older Jeep models. Chrysler stood by its assertion that the vehicles are not defective, but the...Tags: Automotive Equipment, Chrysler Group LLC, SUVs and Crossovers, Jeep, Chrysler
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Wall St. extends rise, investors see no change in Fed policy
ReutersNEW YORK (Reuters) - Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts. Strong market breadth showed an...Tags: Financial Markets, Aerospace Manufacturing, NYSE Euronext, Inc., Consumer Confidence, Ben Bernanke
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Recipe: Cherimoya semifreddo
Total time: About 50 minutes, plus drying time and freezing time
Servings: 8
Note: Make the kumquat zest the day before you plan to make the semifreddo.
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Our recipes, your kitchen: If you try this or any other recipe from the L....Tags: Electrical Appliance, Egg Whites, Whipping Cream
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Virginia can expect lower gas prices soon
ReporterVirginians will soon see gas prices go down. AAA reports, beginning after July 1st, prices will drop by about six cents. In July the governor's transportation funding plan will go into effect. Virginia currently ranks number seven as the state with the...Tags: AAA, Automotive Equipment
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G8 urges Syria peace talks as fighting flares in north
ReutersENNISKILLEN, Northern Ireland/BEIRUT (Reuters) - Differences between Russia and the West mean an international peace conference on Syria is now unlikely before August, a source at a meeting of Group of Eight leaders said on Tuesday as surging government...Tags: Politics, Unrest, Conflicts and War, Rebellions, G8, Lebanon
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GM says no plans to invest more in struggling PSA
ReutersSHANGHAI, June 19 (Reuters) - General Motors Co reiterated on Wednesday that it has no immediate plans to invest further in its struggling European partner PSA Peugeot Citroen , which is cutting 8,000 jobs and closing a domestic plant to stay afloat....Tags: Automotive Equipment, General Motors Corp., Corporate Officers, PSA Peugeot Citroen
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