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Proposed exemptions under the Australian agreement will be examined and debated by the SEC commissioners before they vote to approve them, agency officials said.
MEXICO
Transport Prices May Rise 20% on Fuel Costs
Mexico's taxi and trucking companies may raise prices by as much as 20 percent in response to higher costs for diesel fuel.
Operators will charge 15 to 20 percent more to help blunt the effect of a 7.4 percent increase in the price of diesel this year, Conatram, a transport industry group, said in an e- mailed statement yesterday.
The government should reduce the taxes paid by the industry to offset the rising price of fuel, the group said. Conatram represents 200,000 businesses.
AUTOMOTIVE
Ford Canada Names Mondragon President
Ford Motor's Canadian unit named David Mondragon as its president and chief executive to replace Barry Engle, who is leaving to join a unit of Fiat. Mondragon will assume the post Sept. 1, Ford said. He is general manager for the company's Southwest region and is a 23-year veteran at Ford. Engle's departure was announced Aug. 19.
Compiled from reports by Washington Post staff writers, the Associated Press and Bloomberg News.
