Carlyle nears $5 billion deal for Acosta: source
NEW YORK (Reuters) – Carlyle Group LP is in advanced talks to acquire Acosta Sales and Marketing, in a deal that could value the consumer goods marketing agency at close to $5 billion including debt, a person familiar with the matter said on Monday.
Consumer spending, inventories seen lifting U.S. second-quarter GDP
WASHINGTON (Reuters) – U.S. economic growth likely rebounded in the second-quarter from a winter-induced slump at the start of the year and will probably continue to gather momentum through the rest of 2014.
Ford raises F-150 prices, dealers begin ordering 2015 models
DETROIT (Reuters) – U.S. and Canadian dealers on Monday began ordering 2015 Ford Motor Co F-150 pickup trucks, which are lighter than earlier models, priced higher and include additional standard features, the company said.
Tyson to sell Mexico, Brazil poultry businesses to JBS
(Reuters) – Tyson Foods Inc TSN.N, the biggest U.S. meat processor, said on Monday it would sell its Mexican and Brazilian poultry businesses to bigger global rival JBS SA’s JBSS3.SA Pilgrim’s Pride for $575 million.
U.S. services sector activity accelerates in July: Markit
NEW YORK, July 28 (Reuters) – Activity in the U.S. services sector held at its highest level in 4-1/2 years in July, though readings for new business and employment growth weakened, a survey showed on Monday.
Nissan aims to boost U.S. sales and profit as it closes on Honda
YOKOHAMA Japan (Reuters) – Nissan Motor Co Ltd aims to boost sales and profitability in the United States, its biggest market, an executive said, after Japan’s No.2 automaker posted a 14 percent rise in quarterly U.S. sales, closing in on rival Honda M…
GM Korea reaches tentative wage deal, averting strike
SEOUL (Reuters) – General Motors’ South Korean unit reached a tentative wage deal with its labor union on Monday, averting a potential strike at one of its key Asian production bases.
Nissan expects Takata to pay all costs related to air bag recall: executive
TOKYO (Reuters) – Nissan Motor Co Ltd expects Takata Corp to pay back to the automaker all costs related to the recent air bag recall, Corporate Vice President Joji Tagawa said.
Amazon to open five new warehouses in India
MUMBAI (Reuters) – Amazon.com Inc’s Indian unit will open five new warehouses in the country, which will almost double its storage capacity to half a million square feet, the company said in a statement on Monday.
Commerzbank deepens job cuts in toughened savings plan: sources
FRANKFURT (Reuters) – Commerzbank, Germany’s second-biggest bank, is widening the scope of its savings program and plans to shed more than 450 jobs on top of an ongoing restructuring plan, three people familiar with the matter said.
