Wal-Mart de Mexico board names Ostale new CEO
MEXICO CITY (Reuters) – Wal-Mart de Mexico , Mexico’s biggest retailer, said on Friday that Enrique Ostale, Walmex Chairman and Latin America chief executive officer for parent company Wal-Mart Stores Inc , will also take over as CEO of the Mexican com…
Former Chrysler Group recalling pickups for possible loose fastener
DETROIT (Reuters) – FCA US, the former Chrysler Group, is recalling almost 288,000 Dodge Ram pickup trucks globally that had been under review by U.S. safety regulators over complaints that a loose fastener might cause the rear axle to lock up or detac…
Mercedes recalls 8,279 commercial vans in U.S. for possible oil leak
DETROIT (Reuters) – Mercedes-Benz is recalling 8,279 Sprinter vans in the United States because of a potential oil leak that would increase the risk of a fire or a stalling engine, according to documents filed by U.S. safety regulators.
Exclusive: ECB considers making weaker euro zone states bear more quantitative easing risk – sources
FRANKFURT (Reuters) – European Central Bank officials are considering ways to ensure weak countries that stand to gain most from a fresh round of money printing bear more of the risk and cost.
Alstom shareholders back 12.35 billion euro sale of power arm to GE
PARIS (Reuters) – Alstom shareholders on Friday backed with 99.2 percent of votes the French engineering group’s plan to sell most of its power equipment business to General Electric and refocus on its smaller rail arm.
Rouble gains as officials step up verbal support
MOSCOW (Reuters) – Russia’s rouble strengthened on Friday after Finance Minister Anton Siluanov confirmed his ministry had sold foreign currency, and on expectations that exporters will increase dollar sales.
Hawaiian Air swap takes Airbus A330neo orders over 100
PARIS (Reuters) – Hawaiian Airlines has confirmed an order for six Airbus A330-800neo aircraft worth $1.5 billion at list prices, swapping them for a previous A350 order, the planemaker said on Friday.
Nissan CEO says suspending some Russia car orders in ‘bloodbath’ for automakers
TOKYO (Reuters) – Japan’s Nissan Motor Co and French partner Renault SA have stopped taking orders for some cars in Russia and could raise prices on others if the ruble’s plunge continues, alliance Chief Executive Carlos Ghosn said on Friday.
European stocks set for biggest weekly gain of 2014
LONDON (Reuters) – World markets are ending their last full week of 2014 on a high, as Wall Street made its biggest two-day advance since late 2011 and European shares headed for their strongest week of the year.
Hong Kong’s former top civil servant found guilty in graft trial
HONG KONG (Reuters) – A former top Hong Kong civil servant was found guilty on Friday of accepting HK$8.5 million ($1.1 million) in bribes from executives of property developer Sun Hung Kai Properties Ltd , in the city’s most high-profile corruption ca…
