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Exclusive: GM moves next version of big pickups ahead by nine months - sources

Exclusive: GM moves next version of big pickups ahead by nine months – sources

DETROIT (Reuters) – General Motors Co has pushed forward the launch of its next-generation full-size pickups by about nine months to fall 2018, hoping to narrow rival Ford Motor Co’s still-sizable lead in meeting future U.S. fuel-economy standards, supplier sources said on Monday.




Reuters: Business News

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Singapore Exchange to launch yen futures

Singapore Exchange to launch yen futures

Singapore Exchange plans to launch CNH and CNY futures, in addition to JPY and THB futures later this year.
Forex

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Argentina to hold last-gasp debt talks with mediator Tuesday

Argentina to hold last-gasp debt talks with mediator Tuesday

BUENOS AIRES/NEW YORK (Reuters) – Argentina on Tuesday will meet the U.S. mediator in its battle with ‘holdout’ debt investors suing the country for last-minute talks to avert its second default this century.


Reuters: Business News

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Dollar confidence continues

A look at the main moves from last week in the major markets.
Forex

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Consumer spending, inventories seen lifting U.S. second-quarter GDP

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.




Reuters: Business News

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Gold bounces back up (video)

Gold bounces back up (video)

Daily market analysis on the Nasdaq, euro, gold, crude, soybeans and more.
Forex

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Tyson to sell Mexico, Brazil poultry businesses to JBS

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.




Reuters: Business News

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Lloyds Banking Group to pay $370 million Libor rate rigging fines

Lloyds Banking Group to pay $370 million Libor rate rigging fines

LONDON xx (Reuters) – Britain’s Lloyds Banking Group has agreed to pay fines totaling $ 370 million to U.S. and British authorities investigating its part in a global interest rate rigging scandal.


Reuters: Business News

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Microsoft says government officials make sudden visits to China offices

Microsoft says government officials make sudden visits to China offices

BEIJING (Reuters) – Chinese government officials have made sudden visits to Microsoft Corp offices in China, a spokeswoman for the company said on Monday, but declined to give any reason for the inspections.


Reuters: Business News

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Amazon to open five new warehouses in India

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.


Reuters: Business News

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