Oil extended its longest losing streak this year after Federal Reserve minutes showed officials backed further rate hikes, adding to concerns that a U.S. economic slowdown will dampen demand. The minutes indicated that Federal Reserve officials were more concerned about the risk of inflation remaining high than the economy going into recession. West Texas Intermediate fell below $74 a barrel, its sixth straight drop, shaking off growing evidence of a strong recovery in Chinese demand after the end of Covid Zero rules. “Crude remains caught in a choppy trading pattern, with rising interest rates and thoughts of a slowing economy…
Author: Automotivedealernews.com
As the IIHS tests vehicles throughout the year, more cars may be added to the list. According to Young, some models, including the Chrysler Pacifica and Cadillac CT6, have not yet completed all the tests necessary for a 2023 award. One or both of these vehicles could end up on the list by the end of the year. “Depending on how it works, it may still win an award,” he says. More models are likely to earn Top Safety Pick+ status as the IIHS continues to raise the bar for the award, says Jennifer Stockburger, director of operations for CR’s…
(Beyond pesticides, 23 Feb 2023) A father’s exposure to occupational (work-related) chemicals, including pesticides, around the time of his partner’s pregnancy has an association with an increased risk of birth defects congenital heart disease (CHD), according to a published Japanese study. in Environmental Health and Preventive Medicine. The prevalence of childhood CHD is one of the most common genetic (congenital) diseases worldwide. However, the etiology of CHD includes both genetic and environmental factors. Heart disease is among the leading causes of death worldwide, and heart disease is one of the leading causes of disability in the US. Research, including this…
HELOTES, Texas – An attempted carjacking turned into a shooting Tuesday morning at a home in the San Antonio Ranch subdivision in northwest Bexar County, where a homeowner said he drove off with the suspects trying to grab his car”Looking at the holes and their location, it shouldn’t be here. I mean probably about 20 shots went into the house and hit the trees about seven times,” said the homeowner, who asked to remain anonymous .The man said he was getting things ready before waking up his son to go to school. He saw headlights coming into his house so…
Taking care of your car can be complicated. Proper maintenance can help your vehicle last longer and save you money by not having to spend a lot of money on repairs or a whole new car. Not everyone understands the inner workings of a car, though, and some of us can’t tell a piston from a pizza.Audra Fordin, a fourth-generation mechanic and owner of Great Bear Auto Repair in Queens, New York, created the nonprofit organization Women Auto Know to empower women when it comes to taking care of their cars. If you’re looking for ways to help your ride…
Petroleos Mexicanos is negotiating with Goldman Sachs Group Inc. and JPMorgan Chase & Co. to raise at least $1 billion in financing as the loss-making, debt-laden oil scrambles for cash amid collapsing production. Pemex is in talks with Goldman Sachs for guaranteed financing for its crude, and with JPMorgan for financing tied to its gasoline sales in Mexico, according to people familiar with the transactions. The two deals this year could raise well over $1 billion, said the people, who spoke on condition of anonymity because they are not authorized to discuss the private talks. Representatives for Pemex and the…
Nguyen To An, deputy director of the Vietnam Registry (VR), said the scandals were like typhoons and tsunamis that will leave painful consequences. To restore customers’ trust, An said VR has tried to fix problems and cover “legal loopholes”. On February 7, VR presented a report to the Ministry of Transport (MOT), suggesting measures on vehicle registration activities, including waiving the first inspection for new cars; Use of IT in registration programming; and use of the 3S and 4S vehicle maintenance facilities to carry out the registration service. The proposals have been applauded by the public. In a December meeting,…
LIOC Managing Director Manoj Gupta (left) congratulating one of the top players In a glittering function, Lanka IOC awarded the best performing lubricant distributors in Colombo with a cash prize along with a trophy and a certificate of merit based on their performance during the 2021/22 financial year. The following lubricant distributors were the proud recipients of the recognition: 1st Rank – Samaranayake and Samaranayake Ltd. – Ratnapura District; 2nd Rank – SPS Enterprises – Nuwara Eliya District and 3rd Rank – KTH Distributors – Monaragala District.The rest of the distributors were also awarded for their valuable contribution with a…
Springfield Schools Superintendent Sherri Nichols said 11 varsity athletes were aboard the bus when it crashed. Photo via Facebook WINDSOR – A bus carrying the Springfield High School girls basketball team crashed Tuesday night after colliding with a wrecked car on icy Interstate 91, according to state police. Around 9:40 p.m., the car, driven by Logan Batchelder of Claremont, New Hampshire, went out of control on the “icy” highway and veered into a guardrail, state police said in a statement. He was taken to Mount Ascutney Hospital for treatment of minor injuries. Springfield Schools Superintendent Sherri Nichols wrote in an…
A Boeing 777-300ER, registration VT-ALK, operated by Air India with more than 300 souls on board, developed an oil leak on a flight from Newark Liberty International Airport (EWR) to the Indira Gandhi International Airport (IGI) in Delhi. As such, the 777-300ER made a diversion landing at Stockholm Arlanda International Airport (ARN). Air India flight AI106 According to data from FlightRadar24.com, Air India flight AI106 took off at 11:31 local time on February 21, 2023, from EWR, just 16 minutes late. The flight then climbed to a cruising altitude of 33,000 feet when, due to an oil leak that had…