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BRIEFLY Oil prices seen staying low next year as demand weakens

BRIEFLY

Oil prices seen staying low next year as demand weakens

PARIS (AP) — The head of the International Energy Agency expects oil prices to remain low next year as demand weakens and supply remains high.

The price of oil fell this week to its lowest since early 2009, when the global economy was deep in crisis. The U.S. benchmark recovered 1.6 percent at $38.08 on Wednesday.

Samsung to venture into autonomous driving technology

SEOUL, South Korea (AP) — Samsung Electronics said Wednesday it will set up a team to develop an auto components business focusing on autonomous driving technology and entertainment systems.

Kwon Oh-hyun, a vice chairman who has long managed Samsung’s electronics component business, will oversee the new team.

Facebook hails US presidential race as 2015’s top topic

SAN FRANCISCO (AP) — The U.S. won’t elect a president until next year but the debate over the crowded field of candidates jostling for the Oval Office emerged as the hottest topic on Facebook this year.

The race for the Democratic and Republican party nominations eclipsed an outpouring of emotions over deadly attacks, strife, social issues and disasters.

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