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CNOOC's Nexen closing down crude oil trading division - sources
Nexen Energy, a wholly owned subsidiary of China's CNOOC Ltd (0883.HK), is closing its crude oil trading division following a round of job cuts announced last week, four market sources said on Monday.
GM to make next generation Chevrolet Cruze in Mexico
General Motors Co (GM.N) will build its next-generation Chevrolet Cruze small car in Mexico, the company said on Monday. GM will invest $350 million to produce the Cruze at its plant in Coahuila, as part of the $5 billion investment in Mexican plants announced last year. It is the first time the Cruze will be made in Mexico, according to a GM spokeswoman in Mexico, and production will be mainly for the domestic market. The Cruze is currently imported to Mexico from GM's plant in South Korea, she said.
Wall St. slips after rally as dollar swings
U.S. stocks edged lower on Monday on the heels of strong gains in the prior week, as investors weighed fluctuations in the dollar and its impact on other markets, including crude prices.
F1 2015 Xbox One, PS4 Release Includes Broadcast, Voice Over Features; Title Update of Full 2015 Cars Line-up to Follow
Codemasters reveal that F1 2015 release to Xbox One, PS4 current gen consoles that they plan to launch regular updates so as to match the results of the Formula 1 all-new season this year which just started this month.