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Reuters - Deutsche Post AG (DPWGn.DE), the German parent of delivery company DHL, is expected to announce on Monday that it will sharply curtail its planned U.S. expansion, The Wall Street Journal reported on its Web site on Saturday.
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0 Comments Reuters - Brazil's president called on Saturday for an overhaul of the global finance system that "collapsed like a house of cards" in the credit crisis and said emerging powers must have more say in key decisions.
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Reuters - Hong Kong-based consumer goods exporter Li & Fung Ltd (0494.HK) has imposed a hiring freeze, will lay off some employees and reduce travel and other expenditure due to the global financial crisis.
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Reuters - Global miner Rio Tinto is looking to establish joint ventures with companies backed by the Chinese government, such as Chinalco, its chief executive was quoted as saying in Britain's Observer newspaper on Sunday.
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