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Mexico peso jumps after FBI clears Clinton over emails ahead of election

November 7, 2016 by · Leave a Comment 

Mexico's peso jumped on Sunday after the FBI announced it stood by a previous decision to not charge Democratic candidate Hillary Clinton over emails related to her private server, a decision that comes just two days before the election. The peso , which has been hit by the rise of Republican candidate Donald Trump and his policies that are seen hurting Mexico's economy, extended gains to rise 2.25 percent…

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Mexico peso jumps after FBI clears Clinton over emails ahead of election

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Non-OPEC yet to pledge concrete oil output steps after meeting OPEC

October 30, 2016 by · Leave a Comment 

Non-OPEC producers made no specific commitment on Saturday to join the Organisation of the Petroleum Exporting Countries in limiting oil output levels to prop up prices – a stance that suggested they wanted OPEC to solve its differences first. Officials and experts from OPEC countries and non-OPEC nations including Azerbaijan, Brazil, Kazakhstan, Mexico, Oman and …

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Non-OPEC yet to pledge concrete oil output steps after meeting OPEC

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U.S.’ Lew says UK authorities need time to probe pound crash

October 7, 2016 by · Leave a Comment 

U.S. Treasury Secretary Jack Lew said on Friday it was necessary to give British authorities some time to determine what drove a steep drop in the pound before jumping to conclusions. “Based on our own experience, it takes some time to find out why such movements occur,” Lew told a news conference at the International Monetary Fund and World Bank Meetings in Washington. The pound's fall by more than 10 percent against the dollar to below $1.15 was …

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U.S.’ Lew says UK authorities need time to probe pound crash

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Delta posts smaller-than-expected fall in passenger unit revenue

October 4, 2016 by · Leave a Comment 

Delta's shares were up 3.5 percent at $40.38 in early trading on Tuesday. The company, the second-largest U.S. airline by passenger traffic, reported a 3 percent decline in consolidated passenger unit revenue. Delta said the fall in September was due to a supply-demand imbalance on transatlantic routes and headwinds from prior-year yen hedge gains.

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Delta posts smaller-than-expected fall in passenger unit revenue

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U.S. senators quiz airlines on IT systems after Delta disruption

August 16, 2016 by · Leave a Comment 

Two U.S. senators on Tuesday sent letters to 13 major airlines expressing concerns that their information technology systems are vulnerable to outages that can strand thousands of passengers similar to recent flight cancellations. Senators Richard Blumenthal and Edward Markey sent letters after Southwest Airlines Co and Delta Air Lines Inc experienced technology issues that resulted in thousands of flight cancellations across the country.

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U.S. senators quiz airlines on IT systems after Delta disruption

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North American leaders vow to boost trade despite threats

June 29, 2016 by · Leave a Comment 

By Roberta Rampton and David Ljunggren OTTAWA (Reuters) – Canada, the United States and Mexico on Wednesday vowed to deepen their economic ties, pushing back against anti-free-trade sentiment that has shifted political debate in the United States and Europe. The three nations are member of the North American Free Trade Agreement (NAFTA), which U.S. Republican presidential candidate Donald Trump has vowed to renegotiate or scrap if he wins November's election. U.S. President Barack Obama, Prime …

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North American leaders vow to boost trade despite threats

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Explosion reported at Kia plant in Mexico, at least three injured

June 19, 2016 by · Leave a Comment 

An explosion struck a Kia Motors factory in northern Mexico on Saturday, injuring at least three workers after an accumulation of gas ignited, a local emergency services official told Reuters. Luis Felipe Puente, the national director of emergency services, confirmed that some workers at

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Explosion reported at Kia plant in Mexico, at least three injured

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Judge says needs time to rule on date of Sumner Redstone competence trial

June 8, 2016 by · Leave a Comment 

The battle over control of Sumner Redstone’s $40 billion media empire moved to a Massachusetts courtroom on Tuesday, where a state judge said he needed time to decide whether to move up the date of a trial questioning the 93-year-old’s mental competence. Probate and Family…

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Judge says needs time to rule on date of Sumner Redstone competence trial

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Trump criticizes GM for Mexico investments

June 8, 2016 by · Leave a Comment 

Republican presidential candidate Donald Trump rebuked General Motors Co on Tuesday, widening his criticism of American companies that have invested in Mexico. Trump has made criticism of Ford Motor Co a staple of his campaign speeches for more than a year, repeatedly suggesting that the…

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Trump criticizes GM for Mexico investments

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VW says CO2 cheats affect more petrol engines than previously disclosed

November 16, 2015 by · Leave a Comment 

Volkswagen manipulated the carbon dioxide (CO2) emission levels of more petrol-powered vehicles than previously disclosed, a spokesman for the carmaker said on Monday. VW said on Nov. 3 it had understated the level of CO2 emissions in about 800,000 cars sold mainly

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VW says CO2 cheats affect more petrol engines than previously disclosed

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