Foreign Investment in China Climbs to $74.7 Billion in 2007
By Li Yanping
Jan. 19 (Bloomberg) — Foreign direct investment in China
rose to $74.7 billion in 2007 as restrictions on companies
spending failed to outweigh the attractions of low costs and the
worlds [...]
The FINANCIAL —  Ford Motor Company on January 8 announced plans to invest US$500 million to expand its India operations, reaffirming its commitment to developing and implementing an aggressive growth strategy in the country.
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The new investment will fund several new initiatives, including the expansion of Ford Indias current manufacturing facility [...]
WARRENVILLE, Ill. (AP) — General Motors Corp. said Sunday it has taken an ownership stake and formed a partnership with Coskata Inc., a renewable energy startup company that plans to produce ethanol from agricultural leftovers and municipal and industrial waste.The announcement was made at the North American International Auto Show in Detroit after the [...]
Jan 8 (Reuters) - The following were the top stories in the
New York Times business pages on Tuesday. Reuters has not
verified these stories and does not vouch for their accuracy.
* James Cayne, the embattled chief executive of Bear
Stearns Cos Inc (BSC.N: Quote, Profile, Research), will step down after the deepest
losses in the firm’s [...]
Ford to Spend $500 Million in India to Make Small Car (Correct)
By Anand Krishnamoorthy
(Corrects to remove extraneous word in 12th paragraph.)
Jan. 8 (Bloomberg) — Ford Motor Co., having lost its 76-
year ranking as the second-largest carmaker in the U.S., will
spend $500 million in India as it seeks growth in emerging
markets.
Ford [...]
Ford to Spend $500 Million in India for Small Cars (Update1)
By Anand Krishnamoorthy
Jan. 8 (Bloomberg) — Ford Motor Co., having lost its 76-
year ranking as the second-largest carmaker in the U.S., will
spend $500 million in India as it seeks growth in emerging
markets.
Ford will begin selling a small car in two years [...]
Tata Motors Bond Risk Rises to Record on Jaguar, Land Rover Bid
By Patricia Jan. 8 (Bloomberg) — The risk of Tata Motors Ltd.
Defaulting on its bonds rose to a record on concern Indias
largest truck maker will borrow to fund its proposed purchase of
Ford Motor Co.s Jaguar and Land Rover units.
Credit-default swaps on [...]
Gordon Browns plane will have barely
departed New Delhis Indira Gandhi International Airport this
month before Nicolas Sarkozys arrives with another contingent
of executives seeking opportunities in Indias rapidly opening
markets.
The British prime minister and the French president,
separately visiting the week of Jan. 20, are bringing along
commercial delegations including retailers Tesco Plc and
Carrefour SA, attracted [...]
MARKET OUTLOOK
- US: US markets closed up week-on-week helped by better than expected economic data. Corporate activity was low. Investors were boosted on Friday by a better than expected September employment report (110,000 jobs created versus 100,000 expected) and revised August data (89,000 created versus 4,000 lost). Stocks from the banks, retailing and real estate [...]
MARKET OUTLOOK
- US: US markets continued their advance week-on-week, driven by renewed mergers and acquisitions activity and positive economic results. Stocks from the materials, real estate, telecom services and capital goods sectors outperformed the market. From a technical point of view, the current bounce should continue as all US indexes have drawn a classical three [...]
