Alongside the big American name artists the Berlin Jazz Festival also increasingly presents musicians from all quarters, artists whose music centres on crossing the borders between local folk traditions and global sounds and trends.
Ford Agrees to Sell Volvo to a Fast-Rising Chinese Company. HONG KONG â Ford Motor reached an agreement on Sunday to sell its Volvo subsidiary to a Chinese conglomerate, in the clearest confirmation yet of Chinaâs global ambitions in the auto industry. The Zhejiang Geely Holding Group, based in Hangzhou, agreed to pay $1.8 billion for Volvo, with $1.6 billion in cash and the rest in a note payable to Ford. Ford paid $6 billion in 1999 to acquire Volvo, leaving the company with a substantial loss on its investment.
The group had a new name for themselves, The BGs â made up from the common initials of Barry Gibb, Bill Goode, Bill Gates. A few years later, the name evolved into The Bee Gees, which came to mean the Brothers Gibb. Recognition was slow in coming, and the Bee Gees decided to move to England to try their luck there. With Robert Stigwood as their manager, the Bee Gees had their first international hit in 1967 with âNew York Mining Disasterâ.