SEOUL, July 7 (Reuters) - LG Electronics Inc (066570.KS) plans to invest $100 million in Mexico in the next three years to expand its market presence and workforce there, the company said on Tuesday.
LG Electronics said in a filing to the Korea Exchange that it aimed to raise annual production in Mexico to $4.0 billion by 2012 from $2.6 billion in 2008. (Reporting by Cheon Jong-woo; Editing by Jonathan Hopfner)
NEW YORK/CHARLOTTE, North Carolina (Reuters) - Bank of America Corp on Wednesday tapped insider Brian Moynihan as its next chief executive, ending months of speculation about who would succeed Kenneth Lewis to lead the largest U.S. bank.
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