Mexico City / AFP US retail giant Walmart said it plans a fresh $1.3 billion investment in Mexico, where it was hailed amid US President-elect Donald Trump’s tough line on foreign trade and keeping jobs in America. The American company plans to build new distribution centers and expand existing ones “which will create more than 10,000 new jobs,” said ...

  Washington / AFP Aviation giant Boeing said it was cutting production of its 777 aircraft to five a month from seven due to slackening demand, in a move that will impact jobs. The announcement followed the manufacturer’s clinching of a $17 billion dollar deal on Sunday to sell 80 jetliners, including the 777, to Iran, the first such agreement ...

  Bloomberg ANA Holdings Inc. has invested in a new airline venture in Myanmar that aims to start international flights in 2018 as the Japanese carrier seeks to capture demand in Asia’s fastest-growing economy. ANA has a 49 percent stake and a local company holds the remainder, Shinya Katanozaka, chief executive officer of Japan’s largest airline, said in an interview ...