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US automakers rejoice at best February sales since 2000

NEW YORK / Bloomberg Ford Motor Co., Fiat Chrysler Automobiles NV and Honda Motor Co. led automakers as the U.S. posted the best February sales since 2000, with buyers taking advantage of cheap gasoline, low interest rates and Presidents Day deals. The results bolstered prospects that the U.S. could see another record year for vehicle sales, a bright spot in ...

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Nova Scotia bank not to return to Argentina

Bloomberg Bank of Nova Scotia would consider acquisitions to further expand operations in Latin America, Chief Executive Officer Brian Porter said. Just don’t expect anything in Brazil or Argentina. “We’ve got a small business in Brazil and we’re fine with that, thank you,” Porter said on Tuesday in an interview on Bloomberg TV Canada. “And Argentina, we have no desire ...

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Facebook bears the brunt in Rio

Bloomberg Facebook Inc.’s international expansion has been challenged by application shutdowns, regulatory blocks and protests. On Tuesday, the Brazilian government tried another tactic: detaining an executive. Brazil’s federal police took an executive into custody for failing to cooperate with judicial orders related to information on the company’s website in an investigation of drug trafficking. A judge in Sergipe ordered the ...

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