Daily News September 14, 2016

Ford to move small-car production from U.S. to Mexico Ford Motor Co Chief Executive Officer Mark Fields said on Wednesday that all of the company’s small-car production would be leaving U.S. plants and heading to lower-cost Mexico. “We will have migrated all of our small-car production to Mexico and out of the United States,” over the next two to three years, Fields said in a conference. Earlier this year, Ford said it would invest $1.6 billion in Mexico for small-car production to start in 2018. Source: CNBC Capital rules at Brazil’s banks lag behind region’s rivals: S&P The quality of capital regulatory standards for Brazilian banks lags behind that of other Latin American banking systems, partly because rules encourage an […]

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