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Big Lots to transfer some assets to Variety Wholesalers among others

(Reuters) – Big Lots (NYSE:BIG) said on Friday that it has agreed with Gordon Brothers Retail Partners to sell its stores, distribution centers and intellectual property to retailers, including Variety Wholesalers, in an attempt to maintain its brand and secure…

China’s BYD offers year-end discounts of up to 11.5%

BEIJING (Reuters) – Chinese electric vehicle giant BYD (SZ:002594) is offering discounts until Jan. 26 on two of its hybrid and EV models, according to its website. Both Song Pro DM-i and Qin Plus EV are now priced from 99,800…

Asia stocks up as Japan’s Nikkei jumps, S Korea shares slump amid political crisis

Investing.com– Most Asian stocks were higher on Friday with Japanese shares surging after a stronger-than-expected Tokyo inflation reading, while South Korean shares slumped amid an ongoing political unrest in the country. U.S. stock index futures were largely unchanged in Asian…

Images show new novel Chinese military aircraft designs, experts say

By Gerry Doyle (Reuters) – Blurry images of two seemingly new Chinese military aircraft with stealthy characteristics appeared online on Friday, with defence experts saying they were clearly advanced designs, but there was not enough detail for definitive conclusions. Both…

Australia stocks higher at close of trade; S&P/ASX 200 up 0.50%

Investing.com – Australia stocks were higher after the close on Friday, as gains in the Gold, Consumer Discretionary and Financials sectors led shares higher. At the close in Sydney, the S&P/ASX 200 rose 0.50%. The best performers of the session…

Japan stocks higher at close of trade; Nikkei 225 up 1.77%

Investing.com – Japan stocks were higher after the close on Friday, as gains in the Shipbuilding, Automobiles & Parts and Chemical, Petroleum & Plastic sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 1.77% to hit…