Google was fined €1.49 billion ($1.7 billion) on Wednesday for blocking rival online search advertisers, in the third large European Union antitrust penalty for the Alphabet business in two only years.Add your comment!
Mexico’s government said it had reached an agreement with Brazil on the free trade of light vehicles, subject to a 40% regional content requirement, paving the way for more open commerce between Latin America’s two biggest economies.Add your comment!
General Motors Co said it would invest US$ 2.7 billion in two Brazilian factories over the next five years, sparing them from a shakeup of the automaker’s operations, a decision hailed by the governor of Brazil’s largest state.1 comment
Citigroup Inc plans to sell several tons of gold placed as collateral by Venezuela’s central bank on a US$ 1.6 billion loan after the deadline for repurchasing them expired this month, sources said Reuters, a setback for President Nicolas Maduro’s efforts to hold onto the country’s fast-shrinking reserves.Add your comment!
The US Federal Reserve does not expect to raise interest rates for the rest of 2019 amid slower economic growth. After a two-day meeting, monetary policymakers voted unanimously to keep the US interest rate range between 2.25%-2.5%.Add your comment!
Argentina, Chile, Paraguay and Uruguay re-launched their bid to host the 2030 World Cup following a meeting of their presidents in Buenos Aires on Wednesday. The four national presidents committed to creating a local organizing committee with a representative from each country to coordinate with CONMEBOL, South American football's governing body.Add your comment!
Levi Strauss will be worth about US$ 6.5bn when the denim-maker rejoins the stock market after 34 years away. Shares in the inventor of the blue jean have been priced at US$ 17 each, just above the target range of US$ 14-16.Add your comment!
US stocks have fallen after President Donald Trump said his administration was considering leaving tariffs on China for a substantial period. Mr. Trump said that a trade deal with Beijing was coming along nicely, but his comments dampened hopes a deal would be reached soon. US negotiators are due to visit China next week to resume talks.Add your comment!
Pictures of a giant, odd-looking fish have gone viral after it washed up on a beach in South Australia. Identified as an ocean sunfish by experts, the 1.8m-long specimen was first spotted by a group of fishermen driving along the sand.Add your comment!
Four men have been arrested in South Korea, accused of secretly filming 1,600 hotel room guests and selling the footage via a website. Mini-cameras were installed in TVs, hair-dryer holders and sockets. The men allegedly earned US$ 6,200.1 comment