Transport Topics
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Volvo Trucks announced that it will debut a new video in its Live Test series Dec. 3 that should be on par with its "Epic Split" YouTube video that has been viewed 81 million times.
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U.S. construction spending rose more than expected in October as outlays increased across the board, suggesting the economy remains on firmer ground despite some slowing in consumer spending and persistent weakness in manufacturing.
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Manufacturing in the U.S. unexpectedly contracted in November at the fastest pace since the last recession as elevated inventories led to cutbacks in orders and production.
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Depressed oil prices are likely to linger longer as analysts dropped their predictions further for next year, according to a Reuters poll, assuming OPEC will not cut output when it meets Dec. 4.
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