Hyundai announced investment of $3.1 billion in U.S. amid Trumps pressure

According to reports, South Korean auto-maker Hyundai Motor Co announced on Tuesday that it plans to inject as much as $3.1 billion in its current U.S. manufacturing facilities, and is considering a new plant in the world’s most lucrative auto-market that would help to produce thousands of new jobs.

The locomotive group, which comprise partner Kia Motors Corp., announced it plans to invest the cash over the next five years on research and development of new technologies such as driverless cars and on improving existing abilities.

“The U.S. market is crucial to our success as a global auto maker. We will continue to expand our presence in the key market. Our investment will also help the U.S. efforts to create more jobs,” Hyundai Motor President Chung Jin-haeng said in a separate interview.

The statement arrives as auto-makers face pressure from the President-elect Donald Trump’s administration to assemble more cars in the U.S.

Recently another giant car-maker Toyota Motor Corp. increased efforts to highlight its contribution to the U.S. economy, in the wake of disapproval from President-elect Donald Trump, saying that it plans to inject billions of dollars into the country in future.

Meanwhile Fiat Chrysler Automobiles NV has also said it would invest $1 billion in two current plants in the U.S., generating what it says will be 2,000 new jobs.

These announcement by global car makers arrives following criticism from Mr. Trump, who has been sending a series of social-media posts aimed at auto-makers including Toyota over their plans to make factories in Mexico, and has openly threatened significant rise of border taxes on cars coming to the U.S.

Marks and Spencer finally delivered upbeat apparel sales during Christmas as results top forecasts

UK apparel retailer Marks and Spencer has announced upbeat results following surge in sales of clothing and homeware section for the first time in two years.

Sales in the department increased 2.3% well more than predictions of about 0.5%.

The figures arrives on a bumper day for retail results, with trading updates from Tesco, John Lewis, Debenhams and Primark owner ABF.

Company’s chief executive, Steve Rowe, said “better ranges, better availability and better prices” had helped sales to improve.

Meanwhile growth was boosted by the timing of Christmas this year, which meant there were extra shopping days.

Food sales surged by 0.6%. That in contrast with Tesco’s food sales surge of 1.3%, while Sainsbury’s food sales slid slightly.

Marks and Spencer’s assessed that the additional timing of Christmas had added about 1.5% to the clothing and home sales growth and about 0.3% to food.

However Mr Rowe cautioned that timing would be against them for the next trading update: “As we look forward, our Q4 reported numbers will be adversely affected by sale timing and a later Easter.”

During Xmas season where most of the giant retailers did better than expected, M&S stood out, finally shrugging off its clothing sales hoodoo.

Company’s apparel sales have been on the downhill and often sharp drop for the last five years, with the exception of one encouraging quarter two years ago.

During the festive period, Marks and Spencer’s, like-for-like sales rose 2.3%, although the company was quick to highlight that 1.5% of that was down to how Christmas drop, which meant there were five extra trading days in contrast to the relevant period a year earlier.

Airbus shipped record number of planes in December to top annual target

According to latest reports, The Toulouse, France-based Airbus SE set a record number shipping of jetliners in December, rushing production to meet its closely monitored full-year delivery target.

The airplane-maker announced in a statement that it handed over a record 111 planes in December, to complete total of 688 planes shipment in 2016. The company had a full-year delivery target of more than 670 jetliners.

however the hardest task seems to begin now for Airbus, and the last-minute increase required to fulfill production goals last year could be a disturbing sign as Airbus surge output even more sharply in the next few years. Amid the sharp rise in output, it has faced some big delays from some key providers.

Meanwhile Fabrice Brégier, president of Airbus’ commercial aircraft division, announced Wednesday that Airbus plans to deliver even more planes in upcoming years. He also vowed that this year would be “a bit smoother,” making the dramatic surge in output in December this year needless. Still, he admitted that deliveries would remain weighted toward the final months of the year.

The company is marked as the world’s No. 2 plane maker, after Boeing Co., which last week reported it delivered 748 planes in 2016.

This production crisis arrives as both manufacturers revealed decelerating demand for new planes, making deliveries all the more decisive. Airbus announced it booked 731 net orders in 2016, in contrast with 668 for Boeing. It was the European plane maker’s lowermost total since 2010, the same as Boeing, and comprised the massive sale of planes to Iran Air.

Airbus was required to significantly raise output in December after supplier issues slowed production earlier in the year, annoying airline customers who were left waiting for planes. The delays also helped drop Airbus deep in the red in terms of cash flow.

Facebook Inc. (NASDAQ:FB) will now show advertisement in the middle of videos

Facebook Inc. (NASDAQ:FB) said in a statement that it will trial “mid-roll” video advertising – in which ads are played after a video has already started.

Analysts said that these ads would probably initially appear in Facebook videos by specialized publishers.

Up to the present time, the social network has battled letting “pre-roll” ads that play before a video starts.

Meanwhile publishers would get 55% of revenue from mid-roll ad sales, according to tech site Recode. Facebook however have declined to comment.

“Advertisers are super keen on video advertising,” said Eleni Marouli, at analyst company IHS Markit.

“If Facebook wants those TV ad dollars, they have to invest more in video.”

Ms Marouli said in a statement that she is sure of the fact that this type of ad would necessarily be more troublesome for users watching video on Facebook, but noted that it would be up to the social network to decide whether the inserted content would be kept brief – shorter than typical TV ads, for example.

One or the other way, she added, she believed Facebook was keen to raise the revenue it could make from video content.

Last year, the Facebook (NASDAQ:FB) admitted that some video viewing statistics had been overvalued by up to 80%.

Valeant Pharmaceuticals (NYSE:VRX) is selling its assets to L’Oreal and Dendreon $2.12 billion to ease debt load

According to latest reports, Laval, Quebec-based Valeant Pharmaceuticals Intl (NYSE:VRX) is set to sell its Dendreon cancer business and three skincare brands for around $2.12 billion as the distressed Canadian drug-maker looks to cut down its above $30 billion debt.

Valeant Pharmaceuticals Intl (NYSE:VRX) U.S.-listed shares surged 15% to $17.65 in premarket trading on Tuesday.

Valeant Pharmaceuticals International is aiming to recoup investors poise after its stock plunged nearly 90% in the past year over leaks that it secretly operated with a specialty pharmacy to raise sales of its medicines.

Valeant is the subject of a number of recent inquiries related to specialty pharmacy, comprising by congressional panels and the U.S. Securities and Commission.

Reports said that French cosmetics group L’Oreal is buying CeraVe, AcneFree and Ambi from Valeant for almost $1.3 billion in cash. Meanwhile Valeant also announced to sell its Dendreon unit to China’s Sanpower Group Co Ltd for reported $819.9 million. In 2015 Valeant bought bankrupt Dendreon for about $300 million.

“With this sale, we are better aligning our product portfolio with Valeant’s new operating strategy by exiting the urological oncology business, which is one of our non-core assets,” Valeant Chief Executive Joseph Papa said in a statement on Monday.

The agreement could be the first of a series of divestitures for Valeant Pharmaceuticals Intl (VRX), whose growth was driven by takeover’s spree that left it burdened with a huge stack of debt.

Furthermore L’Oreal paid nearly eight times the brand’s combined annual revenue of $168 million as it swells into one of the fastest growing areas of the beauty industry.

Nokia-branded smartphone has chosen china’s market for the launch of its smartphone

According to the latest reports the very first Nokia-branded smartphone is set to be lunched exclusively in China.

The upcoming device reportedly will be promoted in corporation with the local internet retail company JD.com.

Nokia’s team said in a statement that it believed the smartphones “premium design” would appeal to the local market.

The pronouncement accorded with the final day of the CES tech show in Las Vegas, where other new cellular phones and gadgets have been launched.

Meanwhile Nokia have stopped making phones that carry its name but has instead licensed its brand to another Finnish company, HMD Global.

Until now the only phones that had been out under the deal had been more basic “feature phone” models.

HMD Global may wait to reveal details of Android smartphones for other markets until next month in Barcelona

This Android device had been highly foreseen and marks one giant in the space Nokia’s return to the smartphone market after a series of Windows Phone models. Microsoft for the very short period used the brand for about a year after takeover of Nokia’s mobile devices unit in 2014.

Before the arrival of iPhone Nokia completely controlled the mobile phone market, and the subsequent release of Google’s Android operating system.

Meanwhile HMD Global had in the past showed it would release several Nokia-branded Android phones in 2017.

Furthermore the company is poised to offer more details of at least some of the other upcoming models at another trade show at Barcelona in February.

“The decision by HMD to launch its first Android smartphone into China is a reflection of the desire to meet the real world needs of consumers in different markets around the world,” the firm said in a statement.

Tesla Motors Inc. (NASDAQ:TSLA) net orders jumped 52% year over year in its fourth quarter

According to reports, Electric car-maker Tesla Motors Inc. (NASDAQ:TSLA) deliveries for 2016 dropped slightly under the company’s target for the year, dropping shares in after-hours trading.

Reports said that Tesla Motors Inc. (NASDAQ:TSLA) managed to deliver 76,230 cars in 2016, just slightly under the 80,000 the company had guided.

However the electric carmaker said in a statement that the numbers “should be viewed as conservative” because Tesla only totals a car as delivered if it is transferred to the customer and all of the paperwork is correct.

Therefore, tesla said it did not added 2,750 vehicles as fourth quarter deliveries because they were overdue in transport or because the customer was not ready to take the delivery. An extra 6,450 cars were on their way to customers at year’s end and the company will count them at the end of the first quarter of 2017.

Meanwhile in its fourth quarter Tesla delivered 22,200 vehicles, almost 12,700 of which were Model S and 9,500 were Model X. The delivery number is less than the 24,500 vehicles Tesla delivered in the quarter before.

The car-maker though still have big task to accomplish this year to fulfill its specified goal of manufacturing 500,000 cars by the end of 2018.

Meanwhile Tesla also aims to start production on a slightly inexpensive electric sedan, the Model 3, later this year. There are already close to 400,000 reservations for the car.

In the recent past Tesla has been criticized for missing production targets, and have voiced cynicism that the company can ramp up manufacturing as quickly as it aims to, particularly on its Model 3.

Furthermore Tesla Motors (TSLA) claimed that demand for its cars is increasing, particularly in the last quarter. Net orders for the Model S and X increased 24% in contrast with the previous quarter, and were 52% up year over year.

Amazon.com, (NASDAQ:AMZN) will start selling second-hand stuff in India

In the recent time sub-continent giant India has received an abundance of distinct internet services that is hard to find in any other place on the planet, and according to latest reports Amazon.com, (NASDAQ:AMZN) want to be part of it as well.

Amazon recently launched a Sell as Individual test service in India (in particularly, Bangalore) that vows to take the nuisances out of selling the old items. Amazon will not just list the offerings, but will also pick them up, pack them and deliver them somewhere in the city, so no uncomfortable meet-ups or rough-and-ready packaging here.

Meanwhile reports said that cost of the products will be determined by on what is being sold. Amazon will charge as little as 10 rupees for every item you sold under 1,000 rupees or $15. The company will charge 50 rupees or 73 cents for items between 1,000 and 5,000 rupees or $15 to $73, and 100 rupees or $1.47 rupees for anything dearer than that.

Furthermore this isn’t Amazon.com, (NASDAQ:AMZN) first time to try out with selling secondhand goods. Reports says that Amazon’s Junglee also had a similar attempt back in 2015. However, a directly Amazon-branded service suggests the company is more poised this time around.

Chipotle Mexican Grill, Inc. (NYSE:CMG) is the safest place to dine out after E. coli outburst

According to food experts, last year’s food-safety chaos in Chipotle Mexican Grill, Inc. (NYSE:CMG) probably have made the fast-casual Mexican restaurants one of the safest places to eat.

Executive director of the National Environmental Health Association, David Dyjack, said that getting sick from eating out is more frequent than the general public realizes, as most food-borne illnesses go unnoticed. In Chipotle’s case, the inspection it faced following the E. coli and norovirus eruptions means the firm is now paying more devotion than ever to where its food arrives from, and how it is prepared.

“Chipotle may be the safest restaurant chain to eat at in North America, given the attention they’ve been receiving lately,” said Dyjack.

Chipotle Mexican Grill, Inc. (NYSE:CMG) shares has plunged almost 15% since the firms announcement in early November that it was shuttering restaurants while it scrutinized an E. coli outbreak among customers, but has leapt nearly 6% since falling to a 19-month low earlier in December.

Recently, Chipotle Chief Executive Steve Ells apologized for the illnesses its diners underwent, and discussed food prep modifications at an investor’s meeting. As part of more demanding food safety actions, the company said it would cut down on local ingredients and move toward a more centralized vegetable preparation.

“We have always had food safety programs that met or exceeded industry standards and we are now implementing new programs that will make us an industry leader in food safety,” said Chris Arnold, Chipotle’s communications director.

Cornell University Lecturer Ravinder Kingra noted that Chipotle’s clearness in confessing to food-linked diseases and making changes is a good sign.  Due to all the care the illnesses received, “if I were the health inspector, I’d go visit a Chipotle Mexican Grill, Inc. (NYSE:CMG),” Kingra said.

Alphabet Inc. (NASDAQ:GOOGL) planning to roll out YouTube Red service in UK

According to reports internet giant Alphabet Inc. (NASDAQ:GOOGL) is looking to roll out a paid version of YouTube in the UK in the 2017, as the company expands its rivalry to Netflix and Amazon’s paid video services.

Alphabet Inc. (NASDAQ:GOOGL) YouTube Red, which was first launched in the US last year and has since extended to Australia, New Zealand, Canada and South Korea, lets subscribers to watch videos without viewing ads before the videos starting as well as gaining access to a list of limited shows.

Meanwhile Google is reportedly negotiating with rights holders about implementing the service to the UK and other European markets in 2017, though YouTube Red’s launch is not a inevitability and is reliant on signing agreements with music labels.

In the recent past music industry have voiced displeasure at the incomes from advertising on YouTube, where music videos are among the most popular content. The site paid out $1 billion to the industry last year, but critics say the service pays an insignificant amount in contrast to how much is spent on it.

Along with getting rid ads on currently-available videos, YouTube Red, likely to cost £9.99 a month in the UK, is placed as a rival to other online video services such as Netflix and Amazon Prime Video. It gives audiences access to a range of original shows and films from sovereign video makers.

Furthermore this service will also give it competence of allowing subscribers to download shows to watch offline and in the background on smartphones, and consist of access to Google Play Music, the company’s music streaming rival to Spotify and Apple Music. It is believed the new revenue model, as well as features such as video downloads, can require contracts to be renegotiated.

Moreover, Alphabet Inc. (NASDAQ:GOOGL) YouTube Red reportedly had around 1.5 million paid subscribers in the summer, which are not many in contrast to rival services.