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Japan car makers shuffle output, boost imports to meet U.S. SUV demand

November 11, 2016 by · Leave a Comment 

By Naomi Tajitsu and Maki Shiraki TOKYO/MARYSVILLE (Reuters) – Japan's top automakers are shuffling their U.S. product portfolios and resorting to larger imports of popular models there as they scramble to meet booming demand for gas-guzzling SUVs and trucks in the world's No. 2 auto market. Honda Motor Co , Japan's third-largest automaker, said it will begin producing from early …

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Japan car makers shuffle output, boost imports to meet U.S. SUV demand

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Paraguay gets debt payment demand from Venezuela’s PDVSA – Petropar president

June 5, 2016 by · Leave a Comment 

Paraguay's state-run oil firm Petropar said Saturday that Venezuelan state oil producer PDVSA [PDVSA.UL] had set a 10-day deadline for the Paraguayan company to pay off $287 million of long-standing debt. The demand comes shortly after Paraguay asked last week to convene a meeting of foreign ministers in the South American Mercosur trade group to examine if Venezuela had failed to comply with democratic norms laid out in the organization's charter. Petropar president Eddie Jara told local media that he received a letter…

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Paraguay gets debt payment demand from Venezuela’s PDVSA – Petropar president

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Wal-Mart says tech investments will boost online sales

June 5, 2016 by · Leave a Comment 

By Nandita Bose FAYETTEVILLE, Ark. (Reuters) – Wal-Mart Stores Inc executives touted the technology investments the world's No. 1 retailer is making to boost online sales, during the annual shareholder meeting on Friday. Chief Executive Officer Doug McMillon spoke about initiatives like online grocery pick up, the retailer's two-day shipping program and its mobile wallet, Wal-Mart Pay. Wal-Mart onlines

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Wal-Mart says tech investments will boost online sales

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G20 communique says monetary policy alone cannot bring balanced growth

February 27, 2016 by · Leave a Comment 

Policymakers from the world's top economies said on Saturday that the world needs to look beyond easy monetary policy to provide balanced growth. In a joint communique issued at the end of the two-day conference of G20 central bankers and finance ministers in Shanghai, participants repeated previous pledges not to engage in

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G20 communique says monetary policy alone cannot bring balanced growth

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U.S. authorities question Citigroup about transactions in FIFA corruption probe

February 27, 2016 by · Leave a Comment 

Citigroup Inc said it has received questions from U.S. federal authorities investigating the role of financial institutions in alleged corruption and money laundering involving FIFA. In an annual filing with securities regulators on Friday, Citigroup said it

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U.S. authorities question Citigroup about transactions in FIFA corruption probe