international
Detroit’s Big Three accelerate plans to build more small cars in Mexico
November 16, 2015 by creative · Leave a Comment
By Paul Lienert and Joseph White DETROIT (Reuters) – Detroit’s Big Three automakers are accelerating plans to produce more small cars for the North American market in Mexico as they seek to reduce labor costs, while using higher-paid U.S. workers to build their very profitable trucks, sport utility vehicles and luxury cars. New versions of several of their popular U.S. compact cars are…
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Detroit’s Big Three accelerate plans to build more small cars in Mexico
international
Visa to buy Visa Europe in deal worth as much as $23 billion
November 2, 2015 by creative · Leave a Comment
The price for the long-anticipated deal was higher than many had expected, but ended a period of strategic uncertainty that had dogged Visa in recent months. Visa Inc and Visa Europe, a cooperative of European banks with more than 500 million cards, were part of a global bank-owned network until 2007. Most of the units merged to form Visa Inc, which went public in 2008, leaving Visa Europe
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Visa to buy Visa Europe in deal worth as much as $23 billion