China’s factory activity contracted for the first time in 19 months in December as domestic and export orders continued to weaken

New orders — an indicator of future activity — fell for the first time in two and a half years, with companies reporting subdued demand despite some price discounting. New export orders shrank for the ninth month in a row.

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Impacts of climate change in Antarctica. What’s Happening Beneath Antarctica’s Ice?… Businesses and investors are keenly interested

“The biggest question when it comes to sea-level rise is: How will the Antarctic ice sheets react to ongoing climate change?” says Ricarda Winkelmann, an ice-sheet modeler in Germany’s Potsdam Institute for Climate Impact Research.

When Dr. Winkelmann talks to policy makers and business people, they want to know what is the worst-case scenario, and how fast will climate-related changes occur, she says.

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Airlines Dump the Boeing 747, Transforming International Travel. The newer planes, which include the Boeing 787 Dreamliner, are redrawing the map for global air travel

Smaller, ultraefficient long-range airliners are overtaking the once celebrated giant of the sky; crammed seats and fewer perks. Delta has replaced its fleet of jumbo jets with Airbus A350s, one of a new breed of smaller, ultraefficient long-range airliners. Nearly every other airline in the world is doing a version of the same thing, replacing huge jets with smaller ones.

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Japan’s Nikkei Enters Bear Market. The Nikkei 225 Stock Average plunged below the 20,000 level and entered bear market territory, as Japanese equities headed for their worst December on record

Japan’s blue chip shares fell across the board, with Toyota Motor Corp falling 5.25 percent, Sony Corp shedding 5.55 percent, Nintendo down 4.3 percent and Mitsubishi UFJ Financial Group losing 4 percent.

Defensive shares such as consumer staples, healthcare and utilities were unable to withstand the selling pressure.

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