| | | Lack of new launches leaves Ford playing catchup with GM | | | DETROIT (Reuters) - James Hackett spent the last year plotting Ford Motor Co's long-term self-driving car strategy. In his first week as chief executive, he has more immediate concerns: stopping a skid in North American sales and fending off a market share grab by resurgent archrival General Motors Co. |
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| | | Ford to name new heads for Europe, Asia: FT | | | (Reuters) - Ford Motor Co , which earlier this week named turnaround expert James Hackett as its chief executive officer, will announce replacements for some of its key executive positions as early as Thursday, the Financial Times reported, citing sources. |
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| | | OPEC extends oil output cut by nine months to fight glut | | | VIENNA (Reuters) - OPEC decided on Thursday to extend cuts in oil output by nine months to March 2018, OPEC delegates said, as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in the past three years. |
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| | | Venezuela says considering options to repay debts | | | VIENNA (Reuters) - Venezuela is considering several options to repay its debts, the oil minister said on Thursday, after a deep recession and low crude prices hit output and prompted Caracas to seek funds from China and Russia. |
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