Big Mexican brewers forced to open local beer market
MEXICO CITY (Reuters) – Mexico’s biggest brewers, Corona maker Grupo Modelo and Sol producer Cuauhtemoc Moctezuma, have agreed to face more competition to end a dispute over their long domination of the domestic beer market, the world’s sixth-biggest.
Google’s Schmidt says relationship with Apple has improved
SUN VALLEY, Idaho (Reuters) – The relationship between Google Inc and Apple Inc has improved over the past year with the rival technology companies and sometimes partners conducting “lots and lots” of meetings, Google Executive Chairman Eric Schmidt sa…
‘Fabulous Fab’ trial is a test for SEC
NEW YORK (Reuters) – The trial of former Goldman Sachs bond trader Fabrice “Fabulous Fab” Tourre next week gives the U.S. Securities and Exchange Commission an opportunity to prove that it can win big cases tied to the financial crisis.
Microsoft aims to power mobile effort in major overhaul
SAN FRANCISCO (Reuters) – Microsoft Corp launched its biggest internal overhaul in five years to streamline the development of products from Windows to tablets, hoping to catch nimbler rivals in mobile and cloud computing.
Ford says auto industry needs more Europe output cuts
DEARBORN, Michigan (Reuters) – Ford Motor Co’s European chief Stephen Odell on Thursday said that the industry production cuts of 1.5 million to 2 million vehicles in Europe that have occurred or are announced still leave output well above demand.
Ballmer tightens grip on Microsoft with major revamp
SAN FRANCISCO (Reuters) – Microsoft Corp’s sweeping re-organization on Thursday creates a company that, more than ever, bears the stamp of Chief Executive Steve Ballmer.
Sprint promises a lifetime of unlimited data service
NEW YORK (Reuters) – Sprint Corp on Thursday offered unlimited data services for the lifetime of an account, as the No. 3 U.S. wireless operator looks to lure customers away from bigger rivals Verizon Wireless and AT&T Inc .
China exports slide raises doubts about currency policy
SHANGHAI (Reuters) – China’s bet that it could reap the benefits of a more powerful yuan without paying a price in competitiveness is looking increasingly risky.
Big Mexican brewers forced to open local beer market
MEXICO CITY (Reuters) – Mexico’s biggest brewers, Corona maker Grupo Modelo and Sol producer Cuauhtemoc Moctezuma, have agreed to face more competition to end a dispute over their long domination of the domestic beer market, the world’s sixth-biggest.
Ford sees Europe 1.5 million to 2 million vehicle output overcapacity
DEARBORN, Michigan (Reuters) – Ford Motor Co’s European chief Stephen Odell on Thursday said he estimates that the automotive industry in Europe is making 1.5 million to 2 million vehicles each year more than the present market’s demand.
