Recent Posts

Mexico’s financial stability at risk as Peso tumble continues

  Bloomberg Mexico’s financial stability is hanging in the balance as the peso’s tumble prompts a dangerous acceleration in outflows from the nation’s bonds, according to BNP Paribas SA. A pullback by foreigners is particularly worrisome for authorities, who have often cited peso bond holdings by international investors as a sign of stability. Central bank policy makers will now have ...

Read More »

GM to pay $100 million over SUV fuel-economy mistake

  Bloomberg General Motors Co. will spend about $100 million to reimburse customers who bought 2016 Chevrolet Traverse, GMC Acadia and Buick Enclave sport utility vehicles with overstated fuel economy figures, said a person familiar with the matter. Fuel economy was overstated by 1 to 2 miles per gallon because the company failed to reflect new emissions-related hardware in calculations ...

Read More »

Terror wave hits aviation in African nations

  Paris / Bloomberg If the sudden disappearance of an EgyptAir flight turns out to be the work of terrorists, it will be the fourth such attack in the past year on air travelers in North African countries battling militant groups. Even as airports in Europe and North America have strengthened security, experts say that gaps in screening of employees ...

Read More »
Send this to a friend