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Exclusive: Amazon plans mega-warehouse for Mexico growth spurt

Mexico, Amazon, plan mega-warehouse

Amazon.com Inc is preparing to open a 1 million square-foot warehouse near Mexico City, sources familiar with the project said, part of an effort to boost its presence in Mexico’s nascent e-commerce industry.


 

In Europre, inflation targets still proving elusive

In Europre, inflation targets still proving elusive

Inflation broke through target earlier this year, largely because sterling's plunge in value since Britons voted to leave the EU in June 2016.

   

Retail U.S. gasoline prices surge after Harvey, global impact felt

After Harvey, retail U.S. gasoline prices

Retail U.S. gasoline prices surged to two-year highs on Friday and global shipping routes were scrambled, even as some U.S. oil refineries began restarting in the wake of Hurricane Harvey.

[ … ]
   

In inflation-hit Egypt, Eid sacrifices are a luxury

In inflation-hit Egypt, Eid sacrifices are a luxury

The cost of everything has gone up in Egypt since the country floated the pound late last year.

   

Japan Inc turns contract workers into permanent staff as labour market tightens: analysis

Japan Inc turns contract workers into permanent staff as labour market tightens: analysis

It is a move that could lift wages and spending but squeeze profits.

   

Oil falls after Harvey floods U.S. refineries

Hurricane Harvey, oil prices fell

Oil prices fell on Friday in the wake of Hurricane Harvey, which has killed more than 40 people and brought record flooding to the oil heartland of Texas, paralyzing over a quarter of the U. [ … ]

   

The world fights food waste

The Food and Agriculture Organization (FAO) estimates that about 800 million people, including 500 million in Asia-Pacific, suffer from hunger.

   

McDonald's to cut global antibiotic use in chickens

McDonald, chickens, global antibiotic use, cut

McDonald's Corp on Wednesday said that it would begin curbing the use of the high value human antibiotics in its global chicken supply in 2018, as the fast-food giant joins a broad effort to [ … ]

   

Wal-Mart to enter voice-shopping market via Google platform

Wal-Mart, voice-shopping market, Google platform

Wal-Mart Stores Inc is teaming up with Alphabet Inc's Google to enter the nascent voice-shopping market, currently dominated by Amazon.com Inc, adding another front to Wal-Mart's battle with [ … ]

   

Fitch upgrade Greece debt, sees steady improvment

Fitch boosted the debt rating to B- from CCC, with a positive outlook.


   

US launches formal trade investigation into China

'We will safeguard the copyrights, patents, trademarks, trade secrets and other intellectual property that is so vital to our security and to our prosperity.'

   

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