Recent Posts

Coca-Cola turns to Mexico’s Arca as US bottling partner

  Bloomberg Coca-Cola Co. is bringing in a Mexican partner to handle bottling in parts of the U.S. as the beverage giant boosts its reliance on franchise operators to make and distribute its drinks. Arca Continental SAB, Latin America’s second-biggest Coca-Cola bottler, will help oversee territories in Texas and parts of Oklahoma, New Mexico and Arkansas, the companies said in ...

Read More »

No treasuries left for Wall Street dealers amid blowout auctions

  Bloomberg After two notes sales this week left primary dealers with the fewest Treasuries on record, investors will get another chance to load up on U.S. government debt on Thursday as seven-year securities are auctioned. The Treasury is scheduled to sell $28 billion of seven-year notes, the last of three fixed-rate aussctions this week totaling $88 billion. A gauge ...

Read More »

Job seekers line up in Rio street

  Rio De Janeiro, Brazil / AFP Thousands of Brazilians lined up on Wednesday at a Rio jobs fair, many of them so desperate to escape the country’s economic nosedive that they said they’d take anything on offer. In a symbol of Brazil’s precipitous slide into economic hardship, the almost stationary queue stretched right across a large central square. They were ...

Read More »
Send this to a friend